Kailua Real Estate Market Update

Lila Kailua Real Rstate

OUR INVENTORY IS STILL VERY LOW AND IN NEED OF NEW LISTINGS

January Kailua home sales and median prices were relatively flat for Oahu compared to the same time in 2016 according to resales figures released by the Honolulu Board of REALTORS®.

kailua real estate monthly update“January to February has historically been the seasonal low for Oahu housing sales, so these figures are typical to start the year,” said Sue Ann Lee, president of the Honolulu Board of Realtors. “However, days on market are still very low and new listings are up. The new inventory coming onto the market is helpful; however, more options at all price points are still needed to keep up with the demand for housing.”

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Mahalo, Lila