Clear Capital’s Home Data Index™ Market Report for July 2011 named Honolulu among the top ten best performing major housing markets in the United States including speculation that Honolulu and Dallas may prove to be among the strongest markets nationally.
This is welcome news especially when contrasted against local headlines which seem to take a glass half empty approach.
Looking directly at the second quarter numbers, closed sales decreased 15.1 percent for single-family homes and 11.3 percent for condos, while in pricing, the median sales price for condominiums dropped a modest 1.6 percent last quarter while single family homers remained unchanged at $580,000.
For more information about Oahu real estate, follow us on Facebook or YouTube or visit the Trends page of our website, KahalaAssociates.com, where you’ll also find the quarterly luxury market report.
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