Honolulu Advertiser Reports drop in Median Prices. -Rick

Median price of Oahu homes dips in July
By Andrew Gomes Advertiser Staff Writer
"The median sale price for existing single-family homes on O'ahu fell in July, a month after prices climbed to a record high and surprised some market watchers..." <--Read Full Story.

Don't just read the headlines! I think this report contains some valuable information for those on the verge of the "Real Estate Market". If you are thinking of selling or buying, it's very important to understand the data in reports like this. It's difficult to figure out exactly what these reports are saying sometimes. If it just confuses you, don't give up. Ask me for some explanations or if you have your own Realtor, he or she should be able to explain what this report is trying to tell current or prospective Real Estate clients in the Honolulu Market. -Rick