December Market Update
Closed sales of single-family homes on O‘ahu were up 35.9%, and condo sales rose by 20.1% compared to the same period in 2019. New listings increased by 15.3% and 3.6% year-over-year for single-family homes and condos, respectively. Median sales prices for December 2020 were up 6.1% at $870,000 for single-family homes and 6.9% to $455,000 for condos.
“Instead of the typical seasonal lull, the O‘ahu real estate market saw steady – and even slight increases – in activity through the year’s end despite the ongoing effects of the pandemic,” said Shannon Heaven, president, Honolulu Board of REALTORS®. “Record-low mortgage rates paired with cautious optimism around reopening cont…
Matterport Tours
A new marketing tool that we are now able to provide our clients is a Matterport Tour, where we create a 3D tour for your property, which includes a dollhouse layout (see below), an overhead layout of the property, and a 3D walk through of the property so potential buyers are able to view and tour your property virtually. Click here for a Matterport Tour.
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