Luxury homes sales started the year off strong, with increases in most metrics quarter-over-quarter. Oahu Luxury Market Overview - Sales volume increased slightly, while median price rose 8.9% from Q4. Price per square foot increased over 20% and a larger proportion of luxury homes sold at or above asking price. However, homes sold 14 days slower, on average. The most active luxury price range is $1,800,000-$2,999,999, with 66% of sales in Q1. This is also the most active range for active listings, with 45.3% of homes for sale in this range. More than 50% of luxury homes sold in Q1 were sold to Hawaii residents.
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