Honolulu's Top Selling Neighborhoods

The Ewa Plain and Waikiki led the way with the most single-family home and condominium sales on Oahu in September, according to the Honolulu Board of Realtors. But both submarkets saw decreases in sales when compared to the same month last year.

For instance, there were 41 single-family homes sold in the Ewa Plain, which includes Ewa Beach and Kapolei, last month, a drop of 15 percent from September 2011.

Meantime, 63 condos were sold in Waikiki last month, a decrease of 5 percent from the same time last year.

As far as pricing goes, the Waialae-Kahala neighborhood saw the highest median price for single-family homes at $1.76 million last month, a jump of 26 percent from September 2011.

For condos, Hawaii Kai reported the highest median sales price at $527,000 last month, an uptick of 7 percent from the same time last year.

The Makaha-Nanakuli submarket had the lowest median sales price for both single-family homes and condos. Homes last month in that area sold for $308,000 and condos were $90,000, increases of 4 percent and 1 percent, respectively, compared to September 2011.

Source: Duane Shimogawa Reporter - Pacific Business News

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