Oahu Nearly 14 Times More Costly Than Saginaw, Mich.
HONOLULU -- Honolulu is once again the most expensive city in the United States to buy a home, according to the National Association of Realtors quarterly report.
The median price for a home in Honolulu was $610,000.
The last time Honolulu homes were the priciest in the nation was 12 years ago.
It reflects the fact that home prices are holding steady in Hawaii compared to mainland cities, experts said.
The second most expensive area was San Jose-Sunnyvale-Santa Clara, Calif., at $525,000 followed by San Francisco-Oakland-Fremont, at $487,100.
The most affordable area was Saginaw, Mich., at a median of $43,900.
Nevada was the state to see the largest sales gain in the fourth quarter. The state was up 133.7 percent.
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