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Friday, December 13, 2024 75° Today's Paper

Editorial Off the News

Off the news: Median cost of Oahu house? $1.09M

Nov. 6, 2023

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The median price of a single-family house on Oahu has topped $1 million again — at $1.09 million, that’s a 4% increase from a year ago, according to local real estate firm, Locations. The median condo price, meanwhile, dipped by 1% to $513,200. Those medians represent a roughly 6% increase from the year’s start.

At those prices, and with 30-year mortgage rates near 8%, good luck to Hawaii home seekers. They’ll need it.

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