Sales of single-family homes and condominiums on Oahu declined by 8% over the last 12 months as median prices were mixed, with single-family homes rising by 2% and condos declining by 2%, according to a report by Honolulu real estate firm Locations.
The median price of a single-family home for the 12-month period ending Aug. 31 was $790,000, while the median price of a condo was $417,300.
While the number of sales declined by 8% in each category — to 3,674 single-family homes sold and 5,490…