Agao Team - Realtor Associate

Oahu home market ends 2020 on a strong note with 36% more sales - Pacific Business News The months of remaining inventory for single-family homes on Oahu, or the amount of time it would take to sell every home currently listed, dropped 44% in December to 1.4 months.

Prices for Single Family Homes in Honolulu are slowly dropping.

Oahu's housing market is experiencing activity similar to that being seen nationally, especially in major metropolitan areas, with moderate shifts in both median prices and sales, along with increases in available inventory. In addition, the 30-year fixed mortgage rate recently fell below 4% for the first time since January 2018.