Luxury Home Sales Leap 70 Percent On Oahu

Luxury home sales leaped 70 percent during the third quarter of 2014, according to a report from Coldwell Banker Pacific Properties. The company considers a luxury property one that sells for at least $1 million. At the end of the third quarter of 2014, there were 102 sales that exceeded $1 million in escrow, compared to 60 for the same period in 2013. For September, 71 luxury properties sold, down from 75 in September 2013, a decrease of 2.7 percent. The median sales price for luxury homes in…

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