Median Price Drops For Home Resales
Number Of Units Sold Drops
POSTED: 1:25 pm HST February 4, 2008
UPDATED: 2:56 pm HST February 4, 2008
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HONOLULU -- The median price for homes resold on Oahu dropped in January, according to the Honolulu Board of Realtors.The median price went from $610,000 in December to $600,000 in January. The drop comes after two months of stability. It was the same price during the January 2007.The median price for condominiums went up $4,000 to $324,000.The volume of homes and condos sold last month was down from 2007. There were 35 fewer single-family homes and 94 fewer condos sold.
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