The number of luxury homes on Oahu selling for $1.5 million and above rose 15 percent last month compared to the same month last year, although the median price of those homes declined by 8 percent, according to an analysis by Coldwell Banker Pacific Properties.
There were 54 luxury homes sold on Oahu in August, topped by the $10 million sale of a house on Kahala Avenue. The seller was represented by Anne Oliver of Coldwell Banker Pacific Properties.