More than half of Oahu's single-family home neighborhoods and condominium buildings have more available inventory than last year and a decrease in bid-ups. For home sellers, who may have faced a smaller buyer pool and longer days on market over the past several months, lower interest rates are welcome news, as more buyers may come back to the market. Median prices also rose in 66 percent of single-family neighborhoods and 60 percent of condo buildings, indicating demand is still strong.

Locations—Hawaii’s leading real estate firm—published its Oahu Residential Real Estate Report for the 12-month period of April 2018 to March 2019. This is a comparison to the previous 12-month period of April 2017 to March 2018. Single-family home median prices continue to rise, up four percent over the previous 12-month period to $792,000. Condominium median prices were flat at $418,000.

Locations was once again ranked the No. 1 independent residential real estate firm in the state of Hawaii by the REAL Trends 500. The REAL Trends 500, which ranks the nation’s top residential real estate brokerages, also ranked Locations as No. 130 in the nation, with $1.87 billion in closed sales in 2018.

The REAL Trends 500, which ranks the nation’s top 500 residential real estate brokerages, also ranked Locations No. 130 in the nation. With more than 300 agents and seven offices across three Hawaiian Islands, Locations was also ranked as the 84th largest independent firm in the nation with 2,988 sales last year.