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*Recent Oahu Real Estate Report:*

Here are highlights for this month's report:

The first half of 2008 saw fewer real estate transactions, declining 26.4% for single-family homes and 29% for condominiums compared to the same time period last year.
Single-family home prices dipped 2.9% to $628,500 compared to last year.
Condominium prices remained fairly stable showing a 0.3% increase to $326,000 compared to last year.
The Pearl City-Aiea, Manoa, Leeward and Waialae-Kahala areas saw price increases for single-family homes in the last 6 months compared to last year. Waikiki continues steady price appreciation this year.


Single-Family   Resales     Median Price

2007-1,884                     $647,500

2008-1,386 -26.4%        $628,500 -2.9%

Condominiums

2007-2,956                    $325,000

2008-2,100-29%           $326,000 +.03%

Current Oahu Real Estate Statistics

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Oahu, Hawaii


Oahu is Hawaii's third biggest island with an area of 600 square miles. It is dwarfed by the sheer size of the aptly named " Big Island " and yet Oahu is home to roughly three-quarters of the state's population. Almost 900,000 people call Oahu home and half of these live in the narrow strip on the southeast coast, namely Honolulu and Waikiki. This is the financial hub of Oahu and is greatly responsible for keeping Hawaii's economy going. Honolulu and Waikiki have no shortage of tourist attractions. They range from Honolulu's State Capitol, museums and churches to Waikiki's beaches, Diamond Head and many spectacular shops.

Other then these two important cities, Oahu can be divided into five regions. These consist of Central Oahu, the Leeward Coast, Southeast Oahu, Windward Oahu and the North Shore.


Visit my Informational Resource links to see Oahu Hawaii house prices, Oahu Real Estate sales and Hawaii Real Estate Statistics. Compare Honolulu Realtor's, Waikiki homes, get Hawaii price comparisons. View properties for sale. Get data on neighborhoods that interest you such as schools, average incomes, neighborhood photos & more.

I service the entire island of Oahu so you have the largest selection of properties available for your viewing from Hawaii Kai, Honolulu, Waikiki, Ewa Beach, Kapolei, Ko-Olina, Mililani, Pearl City, North Shore, Kahala, Kaneohe, Waimanalo Beach, and the Waianae Coast.

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