A steadier real estate market closed out the year strong in Oahu.
There was a 19 percent boost in single-family home sales in Oahu, which pushed sales by 4 percent for the entirety of 2019, according to Pacific Business News.
The market’s stabilization and health is an encouraging sign for individuals thinking about entering the market. Timing can be everything and the market continues to enjoy positive movement without surging home prices.
About 300 single-family homes sold in December, representing a 19 percent increase from the previous year. The median price only increased modestly during that period.
A stable market, good sales numbers and level home prices are all positive signs that are leading more people into the market.
If you’re ready to make Oahu home, please contact us today. Our local experts and knowledgeable staff can help you navigate the market with confidence by trying to help you obtain a home loan.