Oahu Real Estate Monthly Stats | January 2023
Decline in price, but are buyers back? Aloha, The new year begins with closed sales of O‘ahu properties falling year-over-year, with single-family homes dropping 54.0% and condos declining 50.2%, according to the Honolulu Board of Realtors January ended with a single-family home median sales price of $970,000, representing a 7.6% decline compared to January 2022. […]
Oahu Real Estate Monthly Stats | July 2022
Closed sales decline, buyer opportunity? Aloha, According to resales figures released by the Honolulu Board of REALTORS®, closed sales in both single-family home and condominium markets declined by 22.8% year-over-year. Sales also slipped from a month ago, down 12.6% for single-family homes and 17.3% for condos. Inventory is still low, but there are opportunities for […]
Oahu Real Estate Monthly Stats | February 2022
Median single-family home price hitting new record with inventory extremely low Aloha and Happy March, The demand for single family homes is high and the inventory is extremely low. The Sparse inventory and sustained demand drove the median single-family home price to a new record high of $1,125,000, up 22.6% from this time last year […]
Oahu Real Estate Monthly Stats | December 2021
Single family homes slightly cooling while condos had a healthy increase y-o-y Aloha, Hope you are having a wonderful New Year! According to resale figures by the Honolulu Board of REALTORS®, the O‘ahu housing market ended 2021 with a slight decline of 10.0% in single- family home sales and a healthy 15.4% increase in condo […]
Oahu Real Estate Monthly Stats | November 2021
Closed sales for condo market up 47% with single-family around a 9% increase Closed sales activity for single-family homes lags behind the condo market, with single-family properties marking just a 9.8% increase in sales compared to a 47.7% jump for condos in November, according to the Honolulu Board of Realtors. There were no changes from […]
Oahu Real Estate Monthly Stats | August 2021
Record high prices in Oahu’s Real Estate Market, median price over $1 million According to resales figures released by the Honolulu Board of REALTORS®, single-family homes and condos reached new record-high median prices for the second consecutive month at $1,050,000 and $500,000, respectively. In August, the number of properties that sold over $1 million doubled […]
Oahu Real Estate Monthly Stats | July 2021
Interest rates still remain low, Buyers have opportunities in this Seller’s Market Interest rates remain low providing opportunities for Buyers to compete in this Seller’s market. The new single-family home median sales price jumped up 21.8% from $815,000 to $992,500 compared to one year ago, while the condo median sales price rose 8.0% from $440,000 […]
Oahu Real Estate Monthly Stats | June 2021
Single-family homes still are moving into escrow very quickly. Condos are setting new records for median days on market Single-family homes continue to move into escrow quickly, spending a median of 8 days on the market. Increased activity continues in the condo market which has set a new record of just 11 median days into […]
Oahu Real Estate Monthly Stats | May 2021
With lifting of COVID restrictions in Hawaii, Home prices still hitting record highs May 2021 set new records with the median sales price of a single-family home rising to $978,000 –breaking the previous record of $950,000 set in March 2021,” according to the Honolulu Board of Realtors. Sellers added many more listings in May 2021 […]
Oahu Real Estate Monthly Stats | March 2021
Is this the beginnings of an uptick in listings? Oahu’s Housing Market Sales, Prices Continue to Climb to New Heights in March 2021. Market for single-family homes shatters records with a new median sales price of $950,000. According to re-sales figures released today by the Honolulu Board of REALTORS®, closed sales of single-family homes and […]