Hi, this is Jill Ward with Century 21 Island Homes, giving you your Oahu Fall market update with our stats that just came in for September of 2022. Think you may find it interesting, and this doesn't always happen, but our condominium stats are paralleling our single-family home stats for this month. So let's delve into the median sales price right now on Oahu right now for a single-family home is 1.1 million, so we've increased 5%.
So values continue to go up. The number of days on market is also going up right now, so that's giving buyers a little more room to take a breath before they make an offer and negotiate with sellers. The two stats that are down this month are the actual number of listings that have gone on the market, as well as the number of closed sales.
So you've got your single-family home numbers here. Looking at condos again, the trends are the same. Our median price point for condos went up 5% and we are now over half a million dollars. Our days on market also went up, so again, giving buyers some space and the number of listings and closed sales went down.
So hopefully this gives you a broad idea of what's going on in the market. If you wanna talk about anything specific, I'm happy to do so. Please, just let me know. Thank you so much and have a great day Aloha!