Honolulu Luxury Condos - Market Insights for the National Luxury Market

Posted on Tuesday, March 15th, 2011 at 12:17pm.

Honolulu Luxury Condos - Market Insights for the National Luxury Markethermes honolulu

According to www.luxuryhomemarketing.com, they've been seeing some interesting trends in the luxury market recently."

"Median price for active listings at the top of the market saw a strong downward trend beginning at the end of February.  This trend broke in September and we have seen general price stability since then as illustrated in the horizontal trending in the chart above.  Keep in mind that this is based on active listing data and that the changes may reflect both the nature of the inventory coming onto the market (e.g. more larger and more expensive homes) and/or the relative level of pricing or discounting."

Read the rest of the article, "National Luxury Market Update".

Mahalo For Reading.

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