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The median price of a condominium on Oahu increased by 5 percent in April to set a new record, while the median price of a single-family home on the island jumped by 7 percent, compared to last year, on flat sales, according to statistics released by the Honolulu Board of Realtors.

The median price of a single-family home on Oahu last month was $720,000, an increase of 6.7 percent from $674,900 during the same month last year. The number of single-family homes sold was unchanged at 301.

The median…

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