Housing Update | Island of Oahu | January 2016
The January 2016 stats are out for re-sale housing market on the island of Oahu. Prices are still on the rise. Keep your eye on the ball of the mortgage interest rates. They may begin to creep up as the year progresses. How is your neighborhood doing? Hawaii Kai has hit the million dollar median in many of its neighborhoods in recent months. The January Median Sales Price is $1,092,500, a 20% increase from a year ago at this time. (See graph below).
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