September Market Update

September housing statistics report indicates that Oahu's single-family home market continues to make a steady recovery, the summer season ended on a high note with closed sales of single-family homes surpassing year-over-year activity by 12.7% while condo sales marked a steady month-over-month improvement of 11.5%.  Dynamic activity in Oahu's single-family home market drove the median sales price to a record $880,000 and properties are spending a record-low of just nine days on the market.   With low mortgage rates, people working from home, and distance learning for kids, everyone's needs are drastically changing.  Take advantage of the market and low rates, it is a great time to buy and sell.