Oahu had a 3.1% decrease in the number of sales for August 2009 compared to August of 2008 for single family homes. Oahu's median property price dropped by 4approximately 9% for the same time periods.

Home Sales August 2008 vs. 2009
# Sales & Median $$
Neighborhood 2008 2009 2008 - 2009
Honolulu 21 22 $ 800,000 $ 702,500
Waialae-Kahala 9 8 $2,225,000 $ 1,200,000
Kapahulu-Diamond Head 17 9 $ 850,000 $ 850,000
Hawaii Kai 11 15 $ 779,000 $ 816,000
Aina Haina-Kuliouou 6 4 $ 877,500 $ 1,065,000
Kailua-Waimanalo 28 24 $ 785,000 $ 789,000
Kaneohe 16 13 $ 607,000 $ 541,000
Moanalua-Kalihi 12 8 $ 632,500 $ 552,500
North Shore 18 11 $567,500 $ 555,000
Wahiawa 4 4 $ 355,000 $ 407,500
Mililani 16 16 $ 607,500 $ 585,000
Makaha-Nanakuli 14 13 $ 369,000 $ 255,000
Ewa-Kapolei-Ko Olina 42 43 $ 469,500 $ 473,000
Makakilo 11 14 $ 500,000 $ 447,000
Waipahu 9 23 $ 550,000 $ 470,000
Pearl City-Aiea 17 18 $ 629,000 $ 561,500

Oahu condo sales  were not as bad as last month and only dropped by 1.7% in August of 2009 compared to August of 2008. Oahu's condo prices were down 8.8% compared to August 2008.

Oahu Condo Sales August 2008 vs. 2009
# Sales & Median $$
Neighborhood 2008 2009 2008 2009
Waikiki 78 64 $ 315,000 $ 269,000
Downtown -Nuuanu 31 26 $ 412,500 $ 447,500
Kapahulu-Kuliouou 10 5 $ 484,500 $ 430,000
Hawaii Kai 17 19 $ 575,000 $ 575,000
Maikiki - Moiliili 47 53 $ 330,000 $ 295,000
Kailua-Waimanalo 8 12 $ 453,000 $ 372,500
Kaneohe 12 18 $ 406,000 $ 365,000
Moanalua-Salt Lake 9 11 $ 246,200 $ 267,500
North Shore 3 1 $ 265,000 $ 285,000
Wahiawa 2 1 $ 259,000 $ 140,000
Mililani 27 17 $ 295,000 $ 315,000
Makaha-Nanakuli 9 9 $ 136,000 $ 105,000
Ewa-Kapolei-Ko Olina 17 26 $ 329,500 $ 235,000
Makakilo 7 7 $ 322,000 $ 235,000
Waipahu 12 22 $ 300,000 $257,500
Pearl City-Aiea 24 29 $ 303,900 $ 285,000