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Median housing prices on Oahu hit record highs in 2017

For the fifth year in a row median housing prices on Oahu hit record highs in 2017. Real estate firm Locations says the price for a single-family home increased three percent from 2016 to $760,000. The median price for a condominium increased five percent to $410,000. Listings stayed on the market for an average of 18 days. Real estate officials predict Oahu home values will continue to rise this year while housing supply likely won't keep up with demand.