HONOLULU – Sales of luxury homes and condominiums on Oahu were up 10 percent during January 2015 compared to the same period in 2014, according to Coldwell Banker Pacific Properties, Hawaii’s leading residential real estate firm and a specialist in high-end real estate sales.
The figures are based on Multiple Listing Service (MLS) data of all single-family homes and condominiums sold for $1 million and above during January 2015 on Oahu.
A total of 55 luxury homes changed hands in January, up from 50 in January 2014. The median sales price for the luxury range also jumped up to $1,300,000 last month compared to $1,264,500 in 2014.
There were 49 closed sales in the $1 million to $2 million price range, four closed sales in the $2 million to $4 million price range, and two closed sales in the $4 million and above price range last month.