News > Hawaii Real Estate Market Report August 2013
Below is a recap of what happened in our Hawaii real estate markets last month, both statewide as well as by individual island.
During the month of August 2013, the aggregate statewide numbers indicate that single family home prices rose 9% when compared to the previous month, which is 14% higher than prices a year ago. Condo prices were also up by 7% when compared to the previous month, and up 13% from a year ago. It took a median of 45 days to sell a single family home and 29 days to sell a condo.
These statistics reflect the entire state of Hawaii as a whole, but real estate is local, and each island, region and neighborhood has its own market trends. Contact a Locations LLC agent today for even more hyperlocal real estate market information.
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