Oahu real estate sales volume is looking better than much of the mainland

While home sales averaged the largest dip in 40 years across the United States, real estate sales volume on Oahu increased compared with last year.  According to the Honolulu Board of Realtors there were 265 single family home sales on Oahu compared with 194 in December of 2008.  In addition there were 349 condominium sales in December 2009 compared with 243 in December of 2008.  These numbers are impressive as sales slipped elsewhere on the mainland.

People purchasing real estate on Oahu can see the value in doing so now.  Second home owners realize that Oahu real estate prices cannot continue going down and residents of the island know that the tax credit has a shelf life that will end before the second half of 2010.

Click here to view December 2010 Oahu real estate sales data.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert. Click here for access to the Oahu MLS and all available listings in the Kapolei area.

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