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2010 Home sales off to fast start

2010.02.03 Mineko @ 1:10 am | Prices,Statistics Tags: , , , ,

According to the Pacific Business News Home sales on Oahu were up in January 2010, compared to January 2009. There were 162 single-family homes sold, compared to 122 homes sold last January… a 33 percent increase. Great news, but then again, everything is relative… according to a Star Bulletin article published a year ago, experts called January 2009 “very weak” for single-family home sales.

Here’s how the numbers stack up over a 3-year span:

Single Family Home Sales
January 2010 162 +33%
January 2009 122 -46.5%
January 2008 228
Median Price
January 2010 $597,000 +11%
January 2009 $539,500 -10.1%
January 2008 $600,000

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