Oahu Luxury Real Estate Update
September marked a slowdown in Oahu luxury real estate, but this is not uncommon for Oahu luxury real estate. In four out the past five years, there were fewer sales in September compared to August. After August’s 2-year high in luxury home sales volume, September sales dropped to 27, the second lowest number of the year after January’s 21 sales. As with luxury homes, luxury condos also experienced a decrease in sales from August. However, luxury condo median price rose over 12% and price per square foot increased over 16%. Click through the report below for the full update on what happened in Oahu luxury real estate in September.
Click here for a quarter 2 report on Oahu’s luxury real estate market. Visit our YouTube channel and subscribe for weekly videos on Oahu’s real estate market, featured properties, and our local community.
Your Luxury Hawaii Real Estate Experts
Whether you are selling or buying Hawaii luxury real estate, it’s essential to work with an experienced, knowledgeable realtor who can guide you through the current market. Expert pricing and negotiation are key strengths of the realtors at Caron B Realty. These skills have allowed us to bring record-breaking sales and multiple offers on our client’s listings. To discuss the market in your area or the value of your home, please call our office at (808) 593-9826 or email concierge@caronb.com
