Oahu neighborhoods buck real estate trends in January with high sales volume

Kakaako condominium sales surged 62 percent in January to 42 sales from 26 last year, according to a January local market update by the Honolulu Board of Realtors. The median sales price in this area jumped 56 percent in January to $613,500 from $392,500 last year. New listings in Kakaako increased 44 percent to 75 listings from 52 last year, though inventory of homes for sale dropped 1 percent to 228 from 231. Days on market dropped 9 percent to 29 days from 32 last year. For single family homes,…

from DIYS http://ift.tt/2lrj6j7