Oahu Real Estate Monthly Stats | November 2024
Aloha, According to the Honolulu Board of Realtors, the number of single-family home sales rose 12.8% over last November with condo sales jumping about 10% over this time last year. Median sales prices experienced only slight increases in each market year-over-year. By the end of November, the median for a single-family home was $1,115,000, up […]
Oahu Real Estate Monthly Stats | October 2024
Aloha, According to the Honolulu Board of Realtors, inventory is increasing. Prices are holding steady. Year-over-year the median price for single family homes remained unchanged at $1,100,000, while condos saw a 1.9% increase to $525,000. Here are the October 2024 Market Statistics from HBR. As always, I love to hear from you! Thank you, Judy
Oahu Real Estate Monthly Stats | September 2024
Aloha, According to the Honolulu Board of Realtors, O‘ahu’s housing market continued to see a slight softening in sales in September compared with last September. Neighborhoods often show a different picture. For example, Kailua and Hawaii Kai single-family sales increased in number while Ewa Plains experienced a rather significant decrease in year-over-year sales. Here are […]
Oahu Real Estate Monthly Stats | August 2024
Aloha, According to the Honolulu Board of Realtors, August sales were nearly even compared to a year ago, with single-family home sales rising 0.4% – up by one sale – and condo sales declining 5%. Similarly, median sales prices experienced minor changes. Now, we will see what the Fall brings to the market. Here are […]
Oahu Real Estate Monthly Stats | June 2024
Aloha, The number of sales in June were up for single-family homes and down for condos. Year-to-date, prices were moderately higher for single-family as well as for condos. The slower market can be good for both Buyers and Sellers. For example, neighborhoods like Kaneohe and Mililani are seeing more of an uptick in both sales […]
Oahu Real Estate Monthly Stats | May 2024
Aloha, Single-family home sales in May fell 5.0% year-over-year and month-over-month, while condo sales increased 9.1% year-over-year and 10.9% from the previous month in the more affordable under $500,000 price range, according to the Honolulu Board of Realtors. Median sales prices for both single- family homes and condos saw a slight decline compared to May […]
Oahu Real Estate Monthly Stats | April 2024
Aloha, In April we were happy to see an uptick in sales: however, sales still remain at lower levels compared to recent years. April’s average was approximately 40% below the averages of the peak sales years of 2021 and 2022. Compared to the pre-pandemic sales in April 2019, this month’s sales average indicates a decline […]
Oahu Real Estate Monthly Stats | March 2024
Aloha, According to the Honolulu Board of Realtors, in March, single-family home sales dipped by 2.5% year-over-year and condo sales fell 22.5%. The median sales price for single-family homes rose to $1,100,000, marking a 1.5% year-over-year increase. Conversely, the median price for condos dropped to $500,000, down 6.7% from last March’s record-setting price of $536,000. […]
Oahu Real Estate Monthly Stats | February 2024
Aloha, Both the single-family and condo markets experienced year-over-year growth in median sales price. Single-family homes observed an 8.9% jump, reaching $1,075,000, while condo sales prices increased 6.8% to $512,500. Days on market are averaging 30 days for the single family and about 39 days for condos, according to the Honolulu Board of Realtors. Here […]
Oahu Real Estate Monthly Stats | November 2023
Aloha,November property sales declined slightly year-over-year, with total combined, single-family and condo sales dipping about 8% compared to November 2022. Year-over-year, the median price of a single-family home dipped 4.3% to $1,100,055. Conversely, condos marked a 7.5% increase to $516,179. With mortgage interest rates heading downward, we are looking forward to 2024! Here are the […]