Comment on Sales, prices of Oahu luxury properties decreased in April

Sales, prices of Oahu luxury properties decreased in April

Sales of luxury homes, or properties sold for $1.5 million and above, decreased in April, dropping 24.4 percent to 31 sales, according to a report by Coldwell Banker Pacific Properties. The median sales price for the luxury range also declined, decreasing 8 percent to $1.83 million, from $1.99 million last April. “While the total number of single-family homes and condominiums sold dropped 24 percent last month when compared to the same time period last year, the number of single-family homes…

 

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