This is Jill Ward with Century 21 Island Homes with your Oahu October market update. Interestingly, we're seeing the trends in October that were the same as they were in September, and we're seeing them for both single-family homes as well as condominiums. So as you can see for single-family homes as compared to October of 2021, our median sales price has gone up 5% for single-family homes.
We're not at 1.050 million. The other thing that's gone up is the number of days on market. So we're up to 19 days on market as an average, which is up 90%. So those two statistics are up, are two statistics that are down are the number of listings that are being put on the. As well as the number of closed sales, so fewer listings, less supply, but the number of, um, transactions that are getting to the closing table have also decreased.
When we look at condos, we're seeing the same trends. The median sales price is up 4%. The number of days on market is the same as 19 days on market, we have fewer listings and fewer closed sales in the condominium realm as well. So statistically we are still in a seller's market. However, you can see from these stats that buyers are definitely gaining traction in terms of what they can negotiate in their negotiating power as, uh, the days on the market increase.
So let me know if you have any other questions. We get neighborhood statistics around the middle of the month, so if you ever need any, something a little more drilled down and specific, I'm happy to provide them numbers as well. Thank you so much. Have a great day.