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September median condo sales price in Honolulu ties record high - Honolulu, Hawaii news, sports & weather - KITV Channel 4

September median condo sales price in Honolulu ties record high

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HONOLULU -

Honolulu's hot housing market continues with the median sales price for a condominium in September tying July's record high of $425,000.

The Honolulu Board of Realtors reports 526 condos were sold in Honolulu last month.

In September of 2016 the median price was just over $383,000.

Realtors say the need for affordable housing and lack of inventory is pushing buyers towards condos instead of homes.

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