HONOLULU BOARD OF REALTORS® RELEASES
APRIL RESIDENTIAL RESALES STATISTICS
During April, sales of 217 single-family homes and 343 condominiums were reported through the Board’s MLS, decreases of 5.2 percent and 9.5 percent, respectively, from April 2011. The median price paid for island properties in April was $600,000 for single-family homes and $319,000 for condominiums, increases of 2.6 percent and 4.6 percent, respectively, compared to the same month last year. According to the Days on Market indicator, sales for single-family homes were accepted at a faster pace last month compared to a year ago, with single-family properties listing for 30 days; condominiums were also accepted in a shorter amount of time, listing for just 33 days.