Aloha! The May 2024 Oahu Real Estate Market Report by List Sotheby’s is here 🏠
Both sales and median sales price saw a decline for single-family homes in the year-over-year time period. This is likely due to the increase in interest rates over the previous two months to around 7.5%.
View this report on our website:
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Rates have started to drop again, which should bring an increase in buyers over the next few months of the summer. This is already starting to be seen to some degree, as seen by this article:
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Scott Startsman | RS 62384
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Top 1.5% America's Best Ranking | Top Producer 2016-Present | Top 100 Oahu Realtor
List Sotheby’s International Realty
4211 Waialae Ave. Ste 8060
Honolulu, HI 96816
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