Jack Tyrrell specializes in Kakaako, Honolulu, Hawaii luxury condo projects.

Looking at numbers from March 2017, Honolulu Board of Realtors predicts continued strong market activity into this new month of April 2017. Read more from Pacific Business News:

According to the Honolulu Board of Realtors, the median price for single-family homes on Oahu increased 3.7 percent last month to $752,000, while pending sales surged 30 percent.

Locations also released its monthly residential real estate figures this week, reporting a slightly higher figure of $755,000 for single-family homes.

Pending sales surged in March, increasing 30.2 percent to 535 for single-family homes and 23.6 percent to 796 for condominiums, signifying that this strong market activity will continue in April.

HBR’s report shows that the number of sales for single-family homes increased 4 percent to 309, from 297 last year, while condo sales increased 0.8 percent to 495. The median price for condominiums increased 3.9 percent in March to $400,000.

Units also sold at a faster clip in March, with single-family homes on the market for 16 days, down from 18 days last year, and condominiums on the market for 15 days, down from 19.

“Oahu median home prices and sales volume are holding steady, and properties are selling briskly, as indicated by the relatively short days on market,” said Sue Ann Lee, president of the Honolulu Board of Realtors.

Pending sales surged in March, increasing 30.2 percent to 535 for single-family homes and 23.6 percent to 796 for condominiums, signifying that this strong market activity will continue in April.

“The increase in pending sales shows that there’s continued demand for housing at all price points,” Lee said. “Additionally, with the more than 37 percent increase in inventory for single-family houses and 27 percent increase for condominiums from last year, and the still historically low mortgage interest rates, potential buyers have options for their new home.”

Months of remaining inventory for both single-family homes and condos increased to 2.7 in March, a jump of 28.6 percent and 17.4 percent, respectively.

For single-family homes, the most market activity occurred between the $700,000 and $799,999 price range, while most condos sold between the $300,000 and $399,999 price range.

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