The Honolulu Board of REALTORS® released resale figures for the month of February. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are:
Single Family Home Resales
| Number of Sales | This Month Compared To | Median* Sales Price | This Month Compared To | |
| Feb 2010 | 157 | $570,000 | ||
| Jan 2010 | 162 | -3.1% | $597,500 | -4.6% |
| Feb 2009 | 129 | +21.7% | $550,000 | +3.6% |
Condominium Resales
| Number of Sales | This Month Compared To | Median* Sales Price | This Month Compared To | |
| Feb 2010 | 231 | $298,000 | ||
| Jan 2010 | 227 | +1.7% | $299,000 | -0.3% |
| Feb 2009 | 160 | +44.4% | $297,000 | +0.3% |
*Median price means half the prices were above and half below the given price.
During February, sales of 157 single-family homes and 231 condominiums were reported through the Board’s MLS, an increase of 21.7 percent for single-family homes and an increase of 44.4 percent for condominiums, compared to the same month last year. The median prices paid for island properties in the February was $570,000 for single-family homes and $298,000 for condominiums, an increase of 3.6 percent for single-family homes and an increase of 0.3 percent for condominiums from February 2009.
