Real Estate in Hawaii

   Market Highlights: Single-family home sales dropped 10.4% year-over-year, while condo sales rose 7.3%. Median days on market for single-family homes is 15 days, compared to 31 days a year ago. In contrast, condo properties spent more time on the market- 40 days, up from 29 days in March 2024.  Condo listings rose 21.9% to 789 and SFH listing rose 29.6% to 377.     —— The Highest MLS Sale ——    $9,720,000 Cash Address: 11 Kamani Kai Pl, Kailua 96734 Sq. ft. living 5,782 6 Beds, 7 Baths MLS  202504677 DOM 15 —— Resort-Style Living —— List Price: $8,200,000 4922 Kolohala St, Honolulu 96816 5 Bed, 6 1/2 Bath Sq. Ft. Living: 4,920 Year Built: 2022 MLS  202508158 This house got listed 10 days ago, and I love the resort style living vibe. How about you?  —— What determines mortgage rates? —— I just read a very informative article, so if you are curious, here is the link:  https://finance.yahoo.com/personal-finan...