Sales dip, but Oahu home prices rise 4%, Locations report says

Home prices on Oahu rose by 4 percent over the 12-month period that ended Oct. 31, while sales of single-family homes declined by 3 percent, and condominium sales declined by 1 percent, according to a report by Honolulu real estate firm Locations.

There were a total of 3,882 single-family homes sold from Nov. 1, 2017 to Oct. 31, compared to 3,990 sold during the previous 12-month period that ended Oct. 31, 2017. The median price of a single-family home over the most recent 12-month period was $785,000,…

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