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Real Estate Update March 2022, Oahu, Hawaii

 



 Single- Family Homes set a new record median sales price of 1,125,000!

Market Summary:
  • Sparse inventory and sustained demand continue to drive the price of real estate up. Single-family homes saw a 22.6% price increase in comparison to February 2021. 
  • Single-family home sales were down 7.3% year-over-year, while condo sales were up 9% compared to this time last year.
  • Approximately 55% of single-family home sales and 37% of condo sales closed above the original asking price.
View the Full Report


—— February Notable Sales——



View the Listing



View the listing


—— Cook with Desi—— 

Naan Bread with Avocado and Scallion Salsa

——Did you know? ——



View the Article

—— From the Web—— 

USC coach Lincoln Riley buys $17.2M mansion in Palos Verdes Estates


Amenities include a five-car garage, elevator, tennis court, putting green, movie theatre, 600-bottle wine room, sauna, and steam room.

Read the Full Article



Mahalo for reading my monthly update. Please reach out if you have any questions and feel free to browse current listings on my website  www.homes-oahu.com


Have a great March!

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Comments

  1. Core Commercial Real EstateMay 12, 2022 at 5:43 AM


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    1. Desi StanchevaMay 16, 2022 at 6:03 PM

      Thank you for liking my update :) Yes, it takes time to create it, I am glad you appreciate it. Aloha.

      Delete
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    1. Desi StanchevaJune 11, 2022 at 5:36 PM

      Thanks a lot for your feedback, it means a lot to me! I am glad you like my market update, I try to keep the content easy to read and interesting.
      Is there something else you may be interested in knowing about the market? I can add it to my next month's update :)

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