Oahu Real Estate August Housing Stats. Hawaii Market is HOT!
Absolutely no interpretation from me needed. The Hawaii housing market speaks for itself. Look at the low inventory of homes for sale, and the high number of pending sales.
Inventory - Down 13.3% to 3823 total properties for sale.
Single Family Residences - 1674 down from 1928 last year.
Condos - 1754, down 16.1% from 2090 condos for sale last year.
Months of supply down 30.1% to 6.4 months of inventory.
And even while inventory is way down, look at how the number of sales...