The median price for Oahu single family homes median sales price for November 2011 was $58,000 up one percent from 2010; condo prices dropped by 5.5 percent at $295,000; according to the Honolulu Board of REALTORS analysis, using data collected from the Multiple Listing Service (MLS) system.

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Real Estate professional Matthew Loo joins Distinctive Homes Hawaii Real Estate, LLC., (DHHRE). Mr. Loo, a former software developer ventured into real estate several years ago and was previously registered with Abe Lee Realty.

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Two-time Aloha ‘Aina REALTOR® Award nominee Michael La joins Distinctive Homes Hawaii, LLC (DHHRE). Mr. La brings to DHHRE more than six years expertise in Oahu real estate, specifically on the Waikiki condo market. Formerly, he was previously a registered agent at Captain Cook Real Estate.

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Oahu condo sales has been on a steady upswing. October’s Monthly Indicators provided by the Honolulu Board of Realtors showed a 20.7 percent increase in pending sales at the same time a decrease by 20.2 percent in current inventories, and condo prices were up by 7.4 percent. However, as dramatic as these indicators might be, it is still buyers’ market.

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November 30, 2011, HONOLULU, HI – Distinctive Homes Hawaii, a full service luxury real estate services firm, announced its 2011 top performers today. Fely L. Faulkner, RA ranked Top Producer of the Year; Aurora Andres, RA, GRI was named Top Lister; and Top Sales went to Marty Lum, RA.

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