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 May, 2025 « Next month - Nationally, existing-home sales edged down in April, but once again the median sale price went up. (5/29/25) - The Ala Moana Blvd pedestrian bridge is now open. (5/27/25) - Happy Memorial Day! "All gave some, some gave all" (5/26/25) - Honolulu can actually fine Airbnb, Vrbo for Illegal short-term rentals. (5/23/25) - City moves to foreclose on a house over illegal rental violations. (5/15/25) - The sales figures for April for the Oahu real estate market have been released by the Honolulu Board of Realtors®. Here is a single-page set of charts showing the last 12 months of data. It was a neutral-to-positive month. The market in general continued the annual pattern of improving in the spring. Single-family homes continue to perform better than condos. Median prices increased from the previous month for both property types, but only homes were up from last year. Sales volume increased for both homes and condos from the previous month, but both were down from last year. Inventory inched up for homes - but really increased for condos, and pending sales volume looks fairly flat. (5/8/25) - Interesting report on the millions of dollars of uncollected Honolulu short-term rental fines. (5/7/25) - Happy Lei Day! (5/1/25) - To learn more about our 1% Hawaii Buyer Representation Fee* and the savings it offers buyers on their real estate purchases, including Honolulu homes and Waikiki condos, properties from Honolulu to the North Shore, Kailua to Kapolei, and across all Oahu, please click here. - For new construction buyers, it may be better to use a classic 50% buyer rebate approach since developers use their own proprietary purchase contracts. If you are considering a new construction purchase, please see our page regarding our 50% New Construction Buyer Rebate*, which offers new construction buyers similar savings. |
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