January saw increases in both the median price and sales volume for single-family homes on Oahu compared with the same month a year ago.

The median sales price rose to $597,500 in January, a 10.8 percent increase from $539,500 in January 2009, according to the Honolulu Board of Realtors. There were 162 homes sold, up 32.8 percent from a year earlier.
The number of condominiums sold soared 42.8 percent to 227 units, while the median price slipped 2 percent to $299,000, the Board of Realtors said.