The Honolulu Board of REALTORS® released resale figures for the month of June. 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 Prior Year | Median* Sales Price | This Month Compared To Prior Year | |
| June 2010 | 285 | +8.4% | $575,000 | +0.9% |
| June 2009 | 263 | +13.9% | $570,000 | -8.6% |
| June 2008 | 231 | $623,750 |
Condominium Resales
| Number of Sales | This Month Compared To Prior Year |
Median* Sales Price
|
This Month Compared To Prior Year | |
| June 2010 | 396 | +38% | $300,000 | -3.2% |
| June 2009 | 287 | -19.6% | $310,000 | -6.1% |
| June 2008 | 357 | $330,000 |
*Median price means half the prices were above and half below the given price.
During June, sales of 285 single-family homes and 396 condominiums were reported through the Board’s MLS, an increase of 8.4 percent for single-family homes and an increase of 38 percent for condominiums, compared to the same month last year. The median prices paid for island properties in June was $575,000 for single family homes and $300,000 for condominiums, an increase of 0.9 percent for single-family homes and a decrease of 3.2 percent for condominiums from June 2009.
