# Median price of Oahu home rockets to record $490,000 **URL:** \ **Category:** Miscellaneous and Personal Stuff I Must Share\ **Created:** [December 3, 2004, 5:00pm UTC](https://boards.straightdope.com/t/median-price-of-oahu-home-rockets-to-record-490-000/277913 "2004-12-03T17:00:21Z")\ **Posts on this page:** 12\ **Page:** 1
**Author:** ![ouryL](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ouryl/32/6067_2.png) [@ouryL](https://boards.straightdope.com/u/ouryL)\ **Post date:** [December 3, 2004, 5:00pm UTC](https://boards.straightdope.com/t/median-price-of-oahu-home-rockets-to-record-490-000/277913/1 "2004-12-03T17:00:21Z")
Condominium prices keep rising to sell for a median $229,300 [The Bull](http://starbulletin.com/2004/12/03/news/story2.html) This was the headline, this morning. I think they were bragging! So how is housing doing in your part of the planet? :dubious: ---
**Author:** ![Troy\_McClure\_SF](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/troy_mcclure_sf/32/4150_2.png) [@Troy\_McClure\_SF](https://boards.straightdope.com/u/Troy_McClure_SF)\ **Post date:** [December 3, 2004, 5:03pm UTC](https://boards.straightdope.com/t/median-price-of-oahu-home-rockets-to-record-490-000/277913/2 "2004-12-03T17:03:57Z")
[Better.](http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/11/28/REHS_sfrancisco.txt) ---
**Author:** ![Jervoise](https://avatars.discourse-cdn.com/v4/letter/j/d2c977/32.png) [@Jervoise](https://boards.straightdope.com/u/Jervoise)\ **Post date:** [December 3, 2004, 5:15pm UTC](https://boards.straightdope.com/t/median-price-of-oahu-home-rockets-to-record-490-000/277913/3 "2004-12-03T17:15:10Z")
I live in London. The average house price has hit over £250,000, with some fluctuation this year. That’s almost $US 500,000. ---
**Author:** ![Zsofia](https://avatars.discourse-cdn.com/v4/letter/z/7bcc69/32.png) [@Zsofia](https://boards.straightdope.com/u/Zsofia)\ **Post date:** [December 3, 2004, 5:53pm UTC](https://boards.straightdope.com/t/median-price-of-oahu-home-rockets-to-record-490-000/277913/4 "2004-12-03T17:53:58Z")
I could buy my dream house, one of the older homes in the very desirable neighborhood with the good schools post-renovation with all the mod cons for probably 250,000-300,000. I could reasonably buy a house in that neighborhood with only one bathroom and no renovations that’s a little small for around 140,000-200,000. If I wanted to live in the new screaming-white-kids-cookie-cutter-houses part of town, I could buy quite a spacious home for 100,000, but then I’d have to kill myself. All told, however, it’s an exceedingly reasonable place to live, even considering the recent massive inflation involved in buying a house in-town. ---
**Author:** ![ratatoskK](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ratatoskk/32/2987_2.png) [@ratatoskK](https://boards.straightdope.com/u/ratatoskK)\ **Post date:** [December 3, 2004, 6:06pm UTC](https://boards.straightdope.com/t/median-price-of-oahu-home-rockets-to-record-490-000/277913/5 "2004-12-03T18:06:15Z")
**ouryL** , can you show up a picture (link) of a median-priced Oahu home? ---
**Author:** ![Trunk](https://avatars.discourse-cdn.com/v4/letter/t/87869e/32.png) [@Trunk](https://boards.straightdope.com/u/Trunk)\ **Post date:** [December 3, 2004, 6:08pm UTC](https://boards.straightdope.com/t/median-price-of-oahu-home-rockets-to-record-490-000/277913/6 "2004-12-03T18:08:20Z")
> [@Troy McClure SF](#): > > [Better.](http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/11/28/REHS_sfrancisco.txt) From that link. . . $390,000, 1 bdrms, 450 sq. ft., $476,000, 1 bdrms, 516 sq. ft., $390,000, 1 bdrms, 450 sq. ft., $476,000, 1 bdrms, 516 sq. ft., _cough cough_ That second house is 922 per square foot. That would make my house in Baltimore (in a pretty hot neighborhood) go for 1.3M dollars. The last one like mine sold for $275K. 516 square feet is a SHACK. It’s a room, a bathroom and a kitchen. ---
**Author:** ![Doctor\_Jackson](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/doctor_jackson/32/32_2.png) [@Doctor\_Jackson](https://boards.straightdope.com/u/Doctor_Jackson)\ **Post date:** [December 3, 2004, 9:22pm UTC](https://boards.straightdope.com/t/median-price-of-oahu-home-rockets-to-record-490-000/277913/7 "2004-12-03T21:22:26Z")
> [@](#): > > 516 square feet is a SHACK. It’s a room, a bathroom and a kitchen. My master bedroom is 500 sq ft! I don’t live in a huge house - 2000 sq ft upstairs and 500 sq ft of the basement is finished/heated/cooled. My 4 bedroom, 3 full bath, ranch on an acre would go for less than $200K. According to Troy’s cite, it would be worth over $2.3 million in SF, not including the land! :scheming: How much would cross country shipping be on a house, anyway? ---
**Author:** ![psycat90](https://avatars.discourse-cdn.com/v4/letter/p/7ea924/32.png) [@psycat90](https://boards.straightdope.com/u/psycat90)\ **Post date:** [December 4, 2004, 12:35am UTC](https://boards.straightdope.com/t/median-price-of-oahu-home-rockets-to-record-490-000/277913/8 "2004-12-04T00:35:58Z")
We saw the same headline in our local paper for our town a few months ago, except the dollar amount was $500,000. It’s just a little over that now. We live in a condo, and a few months ago a bunch of the units in our complex sold in the $300-$350K range. We considered selling, but we’d only be able to make a lateral move in this area, so we opted against it and just finished some remodeling of the condo. It’s just crazy in this entire area. ---
**Author:** ![that\_darn\_cat](https://avatars.discourse-cdn.com/v4/letter/t/59ef9b/32.png) [@that\_darn\_cat](https://boards.straightdope.com/u/that_darn_cat)\ **Post date:** [December 4, 2004, 2:00am UTC](https://boards.straightdope.com/t/median-price-of-oahu-home-rockets-to-record-490-000/277913/9 "2004-12-04T02:00:13Z")
RE: Hawaii It’s not the house, it’s the dirt it’s sittin’ on. Baltimore is a fun market. A house we rehab in a poor neighborhood sells for $50-70,000. Six blocks away, it’ll go for twice that. 5 miles (in the right direction) and it’s $250,000. Location,location,location ---
**Author:** ![Wesley\_Clark](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wesley_clark/32/20581_2.png) [@Wesley\_Clark](https://boards.straightdope.com/u/Wesley_Clark)\ **Post date:** [December 4, 2004, 3:24am UTC](https://boards.straightdope.com/t/median-price-of-oahu-home-rockets-to-record-490-000/277913/10 "2004-12-04T03:24:44Z")
> [@that\_darn\_cat](#): > > It’s not the house, it’s the dirt it’s sittin’ on. Yep, near where I grew up houses built in the 1990s with 3000 sq. ft. and 4 bedrooms go for about 180-220k. In SF that may net you a 1900-ish 500 sq ft closet in gang territory. [The old Watkins mansion](http://www.realtor.com/FindHome/HomeListing.asp?snum=119&frm=bymap&mnbed=0&mnbath=0&mnprice=0&mxprice=99999999&js=off&pgnum=12&fid=so&mnsqft=&mls=xmls&vtsort=&typ=1%2C+2%2C+3%2C+4%2C+5%2C+6%2C+7&poe=realtor&ct=Farmland&st=IN&areaid=54705&all=&areaid=94558&areaid=52075&areaid=5257&areaid=80327&areaid=94163&areaid=35486&areaid=16454&areaid=79709&areaid=86560&areaid=83976&areaid=38509&areaid=85895&sid=03D9E12ADB22C&snumxlid=1040922602&lnksrc=00002). I can’t believe they built that in 1985 since it has been there as long as I can remember. ---
**Author:** ![Wesley\_Clark](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wesley_clark/32/20581_2.png) [@Wesley\_Clark](https://boards.straightdope.com/u/Wesley_Clark)\ **Post date:** [December 4, 2004, 3:32am UTC](https://boards.straightdope.com/t/median-price-of-oahu-home-rockets-to-record-490-000/277913/11 "2004-12-04T03:32:59Z")
My point being that I guess you can assume up to 96%-ish of a house’s cost is the dirt it is on with the remaining 2-4% being the actual house itself which is a weird paradigm to accept. ---
**Author:** ![Lamar\_Mundane](https://avatars.discourse-cdn.com/v4/letter/l/85f322/32.png) [@Lamar\_Mundane](https://boards.straightdope.com/u/Lamar_Mundane)\ **Post date:** [December 4, 2004, 3:42am UTC](https://boards.straightdope.com/t/median-price-of-oahu-home-rockets-to-record-490-000/277913/12 "2004-12-04T03:42:33Z")
About the same. Single Family Home Average Price: City of Boulder: 1999: 335,685 2000: 393,869 2001: 472,169 2002: 477,046 Condo/Townhouse Average price: City of Boulder 1999: 153,760 2000: 178,381 2001: 214,148 2002: 219,950