Oahu home median sales price nears 2007 peak

Median price for Oahu single family home nears peak hit in 2007

Associated Press

HONOLULU (AP) -- The Honolulu Board of Realtors says the median sales price for a single family home on Oahu is near the all-time high marked in June 2007.

The organization said Monday single family homes on Oahu sold for a median price of $677,250 in June. That's about 1 percent below the market's peak price of $685,000 from June 2007.

It's also more than 9 percent higher than the same month last year.

The number of homes sold also climbed more than 10 percent from last June last year to 308.

The organization says the median price of a condominium rose 11 percent from last year to $330,000. The number of condos sold surged 15 percent to 392.

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