“This level of year-over-year sales increases was last seen in 2017,” said Jenny L. Brady, President of the Honolulu Board of REALTORS®.
“The rise in sales numbers demonstrates robust contract signings over the last few months as buyers actively worked with their REALTORS® to close on offers. Lower mortgage interest rates may have enabled buyers to consider a slightly wider price range."
"A large portion of the year-over-year increases occurred at above-median price points. This July, there were 80 single-family homes that sold in the $900,000 to $1,199,999 price range, compared to 51 last year."
"For condominiums and townhouses in the $500,000 to $699,999 price range, there were 149 sold this July compared to 106 last year.”
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