Prudential Locations Releases September Real Estate Report

Detailed overview of current real estate market conditions shows price and sales volume trends differ depending on area.

HONOLULU (October 11, 2006) – Prudential Locations’ Oahu Real Estate Report for the month of September shows wide variation in market activity from one part of the island to another. Overall, Oahu saw a drop in the number of sales in most areas as compared to the near record level sales volume at this time last year. However, prices of single family homes in West Oahu are continuing to appreciate, and are outpacing the price appreciation on Oahu overall.

Since Hawaii’s residential real estate market is constantly varying, navigating market conditions successfully requires a keen understanding of the big picture as well as specific area trends. Prudential Locations’ is the only source for detailed and concise information on not only the 15 areas identified in the report, but for over 200 specific neighborhoods, all available to consumers through the agents or the website, www.prudentiallocations.com .

“Right now buyers and sellers need to pay close attention to their specific neighborhood,” said Scott Higashi, Executive Vice President of Sales for Prudential Locations. “Prices and sales volume differ widely from one area to another across Oahu, so it’s difficult to generalize about the real estate market right now.”

In each month’s Prudential Locations report, consumers will find key statistics on sales volume and median prices for 15 Oahu areas, month-to-month comparisons, and a summary of key observations. Since reviewing data on a month-to-month comparison can provide a narrow view, the report also analyzes trends on a “rolling” three-month cycle, allowing consumers a broader and more accurate picture of market activity.

Prudential Locations’ Oahu Real Estate Report is issued during the second week of each month.

Click here to receive your own copy of the exclusive Prudential Locations Oahu Real Estate report.

NOTE TO MEDIA: Scott Higashi of Prudential Locations is available to comment on the report and on real estate market trends in general. Please call Iva Pawling, 531-6087, ext. 3, to set up an interview.

# # # #

About Prudential Locations
Prudential Locations LLC is a multi-faceted real estate company with a rich kama’aina tradition in the islands of Hawaii that boasts over three decades of extensive local experience and connections to offer its clients. To benefit customers, the Prudential Locations website, www.PrudentialLocations.com, shows every home, land, condo and real estate listing on Oahu, Maui, Big Island, Kauai, Molokai, and Lanai , with detailed property information to assist its clients.

By being a leader in Real Estate market research and knowledge and continually training more than 250 real estate agents, Prudential Locations produced more than $1 billion in sales in 2005. Prudential Locations was established in 1969 with offices and affiliates throughout the state, and is an independently owned and operated member of the Prudential Real Estate Affiliates, Inc.

Contact: Iva Pawling
Bennet Group PR
Office: 808.531.6087 ext. 3
Cell: 808.228.2997
iva@bennetgroup.com