Bookmark and Share Email this page Email Print this page Print Feed Feed
Tuesday, July 9, 2013

Number crunching: June 2013

Number crunching: June 2013

Oahu's housing market continued to heat up in June, according to the latest statistics from the Honolulu Board of Realtors.

The numbers released Monday show that both single-family and condo resale were significantly higher last month than in June 2012. At 308, single-family home resales were 10.4 percent higher than the previous June. Condos saw an even bigger jump — the 392 resales represent a 14.6 increase over the prior year.

Homes were selling at higher prices, too, another indicator that it's still a sellers' market. The median single-family home price was $677,250, up 9.2 percent over June 2012. Condos were selling at $330,000, up 11.1 percent from June 2012's median price of $297,000.

On top of that, homes are also selling swiftly, averaging 20 days on the market.

"June was another strong month for sales, with double-digit increases for both single-family homes and condominiums," said HBR President Kevin Miyama. "Additionally, the median sales price for single-family homes is the highest it's been since the market's peak at $685,000 in June 2007. We're now only 1.1 percent below peak price."

More information is available at the Honolulu Board of Realtors website,

(Note: The statistics reflect only resale of existing properties, not new home sales.)

Posted on Tuesday, July 9, 2013 in Permalink

Have Feedback? Suggestions? Email us!

About This Page

Honolulu Real Estate focuses on the Hawaii housing market, condos and homes for sale, Hawaii rentals and general news about real estate in Hawaii. It also includes stories on apartment living, home decor and profiles.

Melissa Chang graduated from the University of Hawaii with a degree in journalism and has been blogging since 2007, mostly on food and travel. She works primarily in social media, so you can find her online @Melissa808 on Twitter and Instagram.


Jaymes Song is a real estate agent at Prudential Advantage Realty in Kahala. Jaymes is in the top 7 percent of Prudential agents nationwide. Previously, Jaymes was at The Orange County Register, Honolulu Star-Bulletin and rose through the ranks to overseeing news and operations for AP in Hawaii and the Pacific Rim. Jaymes lives in the Portlock area and loves his real full-time job of being dad to two curious kids.

Got a question or story tip? Email us. 
Follow @RealEstateHNL on Twitter for updates. 
If you would like to receive HONOLULU Magazine's newsletter by email, sign up for our newsletter.