December 2019 Market Update

December 2019 Market Update

Oahu Real Estate Market Saw Steady Activity in 2019

December single-family home market activity solid, closing a year marked by positive inventory levels, slight decline in combined total annual sales and flat annual median prices.

“In 2019, we saw a steady and stable market with more active listings, slightly more days on market and median prices remaining relatively flat compared to 2018,” said Tricia Nekota, president, Honolulu Board of REALTORS®.
“These conditions, paired with low interest rates and favorable economic conditions continuing to drive healthy market activity, create an advantageous environment where buyers have purchasing power and sellers have more potential buyers for their properties.”

Information provided by the Honolulu Board of Realtors. Click Here to see an overview of stats.

Team Song is happy to be your go-to source for all your real estate needs.
Jaymes Song, RA SRES SRS ABR (808) 228-3332
Becky Ogata, RA (808) 220-4188
Randi Jeung, RA (808) 628-8502
Ginger Long, RA (808) 269-2961
Email: [email protected]

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