2010 June oahu Real Estate Housing Update

The number os single family homes that sold on Oahu was 285 for June of 2010 compared to 263 for June of 2009. That was a 8.4% increase in closed sales. The median sales price was pretty flat with a slight increase of .9% compared to the prior year. If this keeps up it should stablize prices and making it great time to buy along with historic interest rates we are experiencing.

Oahu Home Sales June 2009 vs. 2010
	# Sales & Median $$
Neighborhood	2009	2010	2009                  2010
Honolulu (downtown Nuuanu)	6	9	$ 549,000	$ 880,000
Waialae-Kahala	7	11	$1,387,500	$ 1,300,0000
Kapahulu-Diamond Head	15	15	$ 780,000	$ 7840,000
Hawaii Kai	15	17	$ 924,667	$ 837,706
Aina Haina-Kuliouou	3	8	$ 918,333	$ 1,014,725
Kailua-Waimanalo	23	13	$ 715,000	$ 715,000
Kaneohe	24	25	$ 622,000	$ 676,440
Kalihi - Palama	7	9	$ 600,000	$ 540,000
North Shore	6	8	$836,500	$ 595,000
Wahiawa	3	9	$ 345,000	$ 378,000
Mililani	14	16	$ 584,000	$ 605,000
Makaha-Nanakuli	19	25	$ 277,000	$ 272,500
Ewa-Kapolei-Ko Olina	54	59	$ 491,868	$ 462,112
Makakilo	9	10	$ 494,900	$ 653,400
Waipahu	28	19	$ 520,000	$ 535,000
Pearl City-Aiea	13	16	$ 560,000	$ 602,500

The number of Hawaii Condos that sold on Oahu was 396 for June of 2010 compared to 287 for June of 2009. That was a 38% increase in closed sales. The median sales price had a decrease of 3.2% compared to the prior year.

Oahu Condo Sales June 2009 vs. 2010
	# Sales & Median $$
Neighborhood	2009	2010	2009                2010
Waikiki	38	71	$ 262,000	$ 300,000
Downtown -Nuuanu	23	32	$ 385,000	$ 266,500
Kapahulu-Diamond Head	5	5	$ 500,000	$ 290,000
Hawaii Kai	17	22	$ 449,000	$ 528,000
Maikiki - Moiliili	40	53	$ 320,000	$ 311,000
Kailua-Waimanalo	8	7	$ 353,000	$ 479,000
Kaneohe	11	18	$ 392,500	$ 400,000
Moanalua-Salt Lake	13	14	$ 247,000	$ 217,500
North Shore	3	5	$ 267,000	$ 250,000
Wahiawa	0	0	$ 0	$ 0
Mililani	21	17	$ 268,000	$ 327,000
Makaha-Nanakuli	6	11	$ 113,500	$ 90,000
Ewa-Kapolei-Ko Olina	21	32	$ 225,000	$ 305,000
Makakilo	4	8	$ 212,000	$ 232,500
Waipahu	24	17	$ 282,800	$ 235,000
Pearl City-Aiea	17	34	$ 298,000	$ 266,500