More Sales, But Lower Prices..
The Oahu sales of both Condos and Single Family Homes has increased over the past month, however, the sales price of the homes involved in these sales have decreased. In other words, the sale of property has increased about 4% from the previous year, but on the other hand, the median price of a home has decreased about 8%. This is good news for interested and active buyers since the prices are showing to be lower than normal. It is a great time for qualified, motivated buyers to purchase homes due to this price decrease along with the all time low interest rates that are currently being granted by banks. If you are at all thinking about or considering buying a home, now would be the best time. Century 21 Kailua Beach Realty is always here to help! Give us a call so we can assist you with all of your real estate needs.
