Principle Realtor Jane Noe featured in Honolulu Star Advertiser
Single-family homes see rise in sales volume, median price
By Rob Shikina
Honolulu Star Advertiser, 2/7/16
An inventory shortage pushed the median price for a single-family home on Oahu to a new record of $733,500 in January, according to the Honolulu Board of Realtors…
Jane Noe, co-founder of Aloha Noe Realty, said traffic has played a role with some of her clients and may be a larger factor in future sales. She said one doctor with a house in Mililani purchased a condo in town to avoid the traffic, but the doctor’s husband still returns to their Mililani home to care for the dog.
“She’s not the only person,” she said. Several of her clients own an apartment in town and go out to another home in Mililani, Ewa or the North Shore just for the weekend, she said.
January ‘s median sales price for single-family homes was the fifth consecutive month with a median price at or above $700,000. Oahu’s housing market hit a new record in 2015 for annual median prices for single-family homes at $700,000…