March 1, 2009

February Oahu Real Estate Housing Stats

Below are some Oahu real estate stats for the month of February 2009.

On Oahu there were 126 SFR properties sold for an average of 91 days on the market. They sold on average 96% of list price. Average list price was $666,772 and the average sales price was $632,262. The average house size was 4 bedroom, 2.5 bath with 1,674 living SqFt and a lot size of 6,754.

For the same month the year before there were 142 SFR properties sold for an average of 77 days on the market. They sold on average 97% of list price as well. Island wide the average sales price was $770,535.

It appears that the average SFR sales price island wide for the same month has declined approximately 18%. Number of sales was down approximately 12% from 2008.

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