real estate
City-by-city price guides: Honolulu
Its location away from the mainland is providing Honolulu somewhat of a buffer. Home sales and prices are cooling off, but not at the pace of other cities. It remains an overpriced market, according to Local Market Monitor, with home prices 29 percent higher than equilibrium.
| | Median price end of 2007: | $625,300 | | Median price end of 2006: | $620,000 | | % change: | + 0.9% | | Projected change through Q3 2008: | - 0.9% | | Affordability rating: | 5.7 | | Foreclosures in 2007:
(1 for every 637 households) | 517 | | Foreclosures in 2006:
(1 for every 974 households) | 338 | | Change in foreclosures: | + 52.9% |
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| Current rate comparison »Click here for state vs national rates
| Price trends
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