Honolulu home prices rise 3% but sales drop by double digits


Home prices on Oahu rose by about 3 percent last month, compared to November of last year, but the number of single-family homes and condominiums sold fell by more than 10 percent, according to statistics from the Honolulu Board of Realtors.

The median price of a single-family home on Oahu in November was $797,000, an increase of 3 percent from November 2017. But the number of homes sold fell 13.3 percent to 288 houses, from 332 houses sold in November 2017.

The number of condominiums sold in November…

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