OAHU REAL ESTATE MARKET REPORT DECEMBER 2018
OAHU REAL ESTATE
MARKET REPORT OAHU HOUSING SALES SLOW IN DECEMBER, MEDIAN PRICES REMAIN STABLE
OAHU REAL ESTATE MARKET STATISTICS - DECEMBER 2018 -
Oahu housing sales cooled in December while median prices remained stable according to resales figures released by the Honolulu Board of REALTORS®. During December 2018, sales of single-family homes decreased by 28.3 percent and condominiums sales decreased by 4.6 percent from December 2017. The median price paid for singlefamily homes in December 2018 increased by 5.1 percent from the same month last year to $788,000, while the median price for condos decreased by 1.6 percent to $398,500. According to the Days on Market indicator, the median days increased slightly for single-family homes to 30 and 25 days for condominiums. “While sales slowed and inventory of active listings increased in the last few months of 2018, December home prices remained very stable,” said the 2018 President resident of the Honolulu Board of REALTORS®. “We began to see a shift in the market during the last quarter of the year and as 2019 begins, it appears that trends point toward a more balanced market for buyers and sellers. With the increased inventory in both single-family homes and condominiums, well-qualified buyers may have more options to consider. While current mortgage rates are still relatively low, they are anticipated to rise this year, so those ‘on the fence’ may want to consider purchasing sooner rather than later.” {source: Honolulu Board of REALTORS®}
SINGLE-FAMILY HOMES
CONDOMINIUMS
$788,000 $398,500
MEDIAN SALES PRICE
2018
CLOSED SALES
2018 2017
361
461
ACTIVE LISTINGS
2018 2017
1266
1079
1910
1692
MEDIAN DAYS ON THE MARKET
2018
30
25
2017
2017
$750,000
$405,000
259
440
20
18
SOURCE: HONOLULU BOARD OF REALTORS® , COMPILED FROM MLS DATA.
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HONOLULU BOARD OF REALTORS®
MONTHLY HOUSING STATISTICS DECEMBER 2018
COMPAN COMPAN
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Monthly Housing Statistics December 2018 SINGLE FAMILY HOMES Median Sales Price $788,000
+5.1%
Closed Sales 259
-28.3%
Average Sales Price $981,313
+14.0%
CONDOS Median Sales Price $398,500
-1.6%
Closed Sales 440
-4.6%
Average Sales Price $450,252
-5.7%
INDEX: Monthly Indicators Closed Sales Median Sales Price Median Days on Market New Listings Pending Sales Months of Inventory Active Listings Average Sales Price % of Original Listing Price Received Active Continue to Show
2 3 4 5 6 7 8 9 10 11 12
Housing Supply Overview Pending Sales (by price range) Median Days on Market (by price range) % of list price received (by price range) Inventory of Homes (by price range) Months Supply of Inventory (price range)
13 14-15 16-17 18-19 20-21 22-23
Historical Graphs
24-25
Price Graphs
26-27
Monthly Indicators December 2018 Single Family Homes
Closed Sales Median Sales Price Median Days on Market New Listings Pending Sales Months of Inventory Active Listings Average Sales Price % of Original Listing Price Received
Closed Sales Median Sales Price Median Days on Market New Listings Pending Sales Months of Inventory Active Listings Average Sales Price % of Original Listing Price Received
Dec-18
Dec-17
%
YTD-18
YTD-17
%
259
361
-28.3%
3,609
3,908
-7.7%
$788,000
$750,000
5.1%
$790,000
$755,000
4.6%
30
20
50.0%
18
16
12.5%
253
234
8.1%
5,199
5,054
2.9%
376
493
-23.7%
5,469
6,519
-16.1%
2.8
2.1
33.3%
--
--
--
1,266 $981,313 98.6%
1,079 $861,097 97.4%
17.3% 14.0% 1.2%
-$991,420 98.8%
-$916,506 98.1%
-8.2% 0.7%
Dec-18 440 $398,500 25 469 542 2.9 1,910 $450,252 99.6%
Dec-17 461 $405,000 18 399 621 2.3 1,692 $477,342 97.6%
Condos % YTD-18 -4.6% 5,679 -1.6% $420,000 38.9% 20 17.5% 7,946 -12.7% 7,999 26.1% -12.9% --5.7% $497,974 2.0% 98.8%
YTD-17 5,824 $405,000 17 7,593 8,955 --$469,381 98.8%
% -2.5% 3.7% 17.6% 4.6% -10.7% --6.1% 0.0%
SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 2
Closed Sales December-18 OAHU, HAWAII (A count of all properties that have closed in a given month.)
700
+7.4% 600
575 547 540 495
500
536
+5.6%
521 501
489
486
547
526 502
495
485
511
475 461
400
378
443
374
440
429
385
362 362
374
370 335
300
354 332
332
+15.5%
309
365
361
355
362
330 309
305
309 288
289
280
259 247 200
252 221
217
100
Single Family Homes Condos 0 Jan-17
Feb-17
Mar-17
Apr-17
May-17
Jun-17
Jul-17
Aug-17
Sep-17
Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Closed Sales: Single Family Homes Closed Sales: Condos Closed Sales: Total
Jul-17
Oct-17
Nov-17
Dec-17
Jan-18
Feb-18
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Aug-18
Jul-18
Sep-18
Oct-18
Nov-18
Dec-18
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
247
221
309
280
362
370
335
362
374
355
332
361
252
217
305
289
332
365
330
354
309
309
288
259
378 625
362 583
495 804
486 766
540 902
536 906
475 810
575 937
526 900
489 844
501 833
461 822
374 626
385 602
485 790
547 836
495 827
547 912
502 832
521 875
511 820
443 752
429 717
440 699
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 3
Median Sales Price December-18 OAHU, HAWAII (The medIan sales price for all closed properties in a given month.)
900,000
$755,000
700,000
$810,000
+7.4%$795,000
800,000
$790,000 $760,000
$752,000
$745,000
$789,500
$778,000
$750,000
$786,250
$800,000
$797,000
$812,500
$788,000
$782,388
$772,000
$760,000
$752,000
$750,000
$730,000
$772,500
$773,500
+5.6%
$712,500
600,000
500,000 $415,500
$429,500
$430,000
$427,000
$428,000
$420,000
$420,000
$416,000
$409,000
$405,000
$397,500
$435,000
$430,000
$405,000 $419,000
$400,000 +15.5%
$400,000
$425,000
$425,000
$406,500
$385,000
400,000
$390,000
$380,000
$398,500
300,000
200,000
100,000 Single Family Homes Condos Jan-17
Feb-17
Median Sales Price : SFH Median Sales Price: Condos
Mar-17
Apr-17
May-17
Jun-17
Jul-17
Aug-17
Sep-17
Oct-17
Nov-17
Dec-17
Jan-18
Feb-18
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18
Jan-17
Feb-17
Mar-17
Apr-17
May-17
Jun-17
Jul-17
Aug-17
Sep-17
Oct-17
Nov-17
Dec-17
Jan-18
Feb-18
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18
730,000
755,000
752,000
712,500
745,000
795,000
750,000
786,250
760,000
752,000
773,500
750,000
772,000
772,500
760,000
790,000
778,000
782,388
789,500
810,000
812,500
800,000
797,000
788,000
380,000
385,000
400,000
415,500
406,500
400,000
425,000
419,000
425,000
397,500
405,000
405,000
430,000
409,000
435,000
416,000
430,000
420,000
429,500
427,000
428,000
390,000
420,000
398,500
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 4
Median Days on Market December-18 OAHU, HAWAII (The median number of days between when a property is first listed and when an offer is accepted.)
35
+7.4% 30
30
29 28
+5.6%
26 25
23 21 20 20
21
21
20
20
20
19
18
18 19
16
18
18
16 17
14 13 15
18
19
18
15
+15.5%
16
15
15
14
14
14
17 16
16
15
22
19
21 18
25
25
22
14
14
13 12 10
5 Single Family Homes Condos 0 Jan-17
Feb-17
Mar-17
Apr-17
May-17
Jun-17
Jul-17
Aug-17
Sep-17
Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Median Days on Market: SFH Median Days on Market: Condos
Oct-17
Jul-17
Nov-17
Dec-17
Jan-18
Feb-18
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Aug-18
Jul-18
Sep-18
Oct-18
Nov-18
Dec-18
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
21
21
16
18
14
12
20
16
14
15
16
20
21
19
14
17
14
16
13
15
17
29
28
30
26
22
15
15
14
13
14
18
19
21
20
18
19
23
16
18
19
18
18
18
20
25
22
25
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 5
New Listings December-18 OAHU, HAWAII (A count of the properties that have been newly listed on the market in a given month.)
800 754
700
+7.4% 692
672
742 710
687
686
702
678
667
674 651
641
644
+5.6% 600
748
730 702
593
565
592 577
564
500
446
523
506
492 447
461
467
481
399
457
456 428
427
400
429
426
415
403
388
377
+15.5%
372
469
519 504
342
300
253 234
200
100 Single Family Homes Condos 0 Jan-17
Feb-17
Mar-17
Apr-17
May-17
Jun-17
Jul-17
Aug-17
Sep-17
Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 New Listings: Single Family Homes New Listings: Condos New Listings: Total
Oct-17
Jul-17
Nov-17
Dec-17
Jan-18
Feb-18
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Aug-18
Jul-18
Sep-18
Oct-18
Nov-18
Dec-18
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
446
372
492
447
461
467
481
457
427
428
342
234
426
377
415
506
523
504
519
456
388
429
403
253
641 1087
565 937
754 1246
672 1119
702 1163
692 1159
674 1155
686 1143
564 991
651 1079
593 935
399 633
730 1156
667 1044
687 1102
748 1254
678 1201
710 1214
742 1261
644 1100
592 980
702 1131
577 980
469 722
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 6
Pending Sales December-18 OAHU, HAWAII (A count of the properties that have offers accepted on them in a given month.)
900 850
836 829 796 800
+7.4% 779
775
777
773
761
751 720
727
677
+5.6%
700 619
628
621 601
600
625
589 574
565
613 602
595
542
591 552
552
536
535
500
508
505
502
493
510
471
469 400
745 711
708
462
430
+15.5%
423
404
440 405
389
376 300
200
100 Single Family Homes Condos 0 Jan-17
Feb-17
Mar-17
Apr-17
May-17
Jun-17
Jul-17
Aug-17
Sep-17
Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Pending Sales: Single Family Homes Pending Sales: Condos Pending Sales: Total
Jul-17
Oct-17
Nov-17
Dec-17
Jan-18
Feb-18
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Aug-18
Jul-18
Sep-18
Oct-18
Nov-18
Dec-18
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
430
423
535
552
625
613
595
602
591
552
508
493
404
389
469
471
502
536
505
510
462
440
405
376
619 1049
628 1051
796 1331
773 1325
836 1461
829 1442
779 1374
850 1452
777 1368
720 1272
727 1235
621 1114
565 969
601 990
708 1177
775 1246
751 1253
761 1297
711 1216
745 1255
677 1139
589 1029
574 979
542 918
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 7
Months of Inventory December-18 OAHU, HAWAII (Compares the number of active listings available to the average monthly pending sales.)
3.5 3.1
+7.4% 3.0 3.0 2.8 2.7 2.4 2.5
2.4
2.8
2.7
2.7
2.9
2.8
2.8
2.9
2.6
2.6
2.6
2.7
2.8
2.5
2.5
2.9
3.1 3.0
2.7
2.7
+5.6% 2.7
2.9
3.0
2.8
2.8
2.8
2.7
2.4 2.5
2.5
2.3
2.5
2.5
2.4 2.4
2.3
2.3
2.3 2.2
2.0
2.1
2.1 2.0 1.9
+15.5%
1.5
1.0
0.5 Single Family Homes Condos 0.0 Jan-17
Feb-17
Mar-17
Apr-17
May-17
Jun-17
Jul-17
Aug-17
Sep-17
Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Month of Inventory : SFH Months of Inventory: Condos
Jul-17
Oct-17
Nov-17
Dec-17
Jan-18
Feb-18
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Aug-18
Jul-18
Sep-18
Oct-18
Nov-18
Dec-18
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
2.4
2.3
2.7
2.5
2.7
2.7
2.5
2.5
2.4
2.3
2.2
2.1
1.9
2.0
2.1
2.3
2.5
2.7
2.8
2.8
2.8
3.0
3.1
2.8
2.4
2.4
2.7
2.7
2.8
2.8
2.7
2.8
2.6
2.6
2.5
2.3
2.4
2.5
2.6
2.8
2.7
3.0
2.9
2.9
2.9
3.0
3.1
2.9
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 8
Active Listings December-18 OAHU, HAWAII (The number of properties available for purchase during a given month.)
2500
+7.4% 2123 2045
2090
2071
2053
2085
2103
1978 2000 1849 1712
1522
1882
1918
+5.6%
1847
1826
1840
1905
1839
1910
1789
1757 1692
1699
1525
1500
1361 1225 1159 1000
1035
1403
1431
1454
1361
1278
1262
1230
1221
1227
+15.5%
1122
1382
1157
1266
1191 1132
1119
1079 1012
1003
1014
500
Single Family Homes Condos 0 Jan-17
Feb-17
Mar-17
Apr-17
May-17
Jun-17
Jan-17 Feb-17 Mar-17 Active Listings: Single Family Homes Active Listings: Condos Active Listings: Total
Jul-17
Apr-17
Aug-17
Sep-17
May-17 Jun-17
Jul-17
Oct-17
Nov-17
Dec-17
Jan-18
Feb-18
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Aug-18
Jul-18
Sep-18
Oct-18
Nov-18
Dec-18
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
1035
1012
1159
1122
1225
1262
1221
1230
1227
1157
1132
1079
1003
1014
1119
1191
1278
1361
1382
1403
1361
1431
1454
1266
1522 2557
1525 2537
1712 2871
1757 2879
1849 3074
1882 3144
1826 3047
1918 3148
1847 3074
1840 2997
1839 2971
1692 2771
1699 2702
1789 2803
1905 3024
2045 3236
1978 3256
2123 3484
2090 3472
2071 3474
2053 3414
2085 3516
2103 3557
1910 3176
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 9
Average Sales Price December-18 OAHU, HAWAII (The average sales price for all closed sales in a given month.)
1,200,000 $1,084,603
+7.4%
$1,053,040 $1,000,053
$1,002,305 1,000,000
$974,835
$966,533 $941,410
$927,615 +5.6%
$893,468 $899,593
$919,812
$1,013,132 $998,268
$993,561
$981,313
$972,727
$886,261
$936,331
$938,831
$929,235
$911,866
$916,392
$871,788
$861,097
800,000
600,000 $521,405
$495,955
$487,412 +15.5%
$461,275
$478,873
$469,870
$464,707
400,000
$463,051
$503,688
$508,805
$502,617
$497,457
$485,145
$464,365
$455,873
$508,321
$470,725
$512,988 $490,461
$465,399
$455,595
$515,482
$477,342
$450,252
200,000
Single Family Homes Condos Jan-17
Average Sales Price: SFH Average Sales Price: Condos
Feb-17
Mar-17
Apr-17
May-17
Jun-17
Jul-17
Aug-17
Sep-17
Oct-17
Nov-17
Dec-17
Jan-18
Feb-18
Mar-18
Apr-18
Apr-18
Jan-17
Feb-17
Mar-17
Apr-17
May-17
Jun-17
Jul-17
Aug-17
Sep-17
Oct-17
Nov-17
Dec-17
Jan-18
Feb-18
Mar-18
899,593
893,468
936,331
871,788
927,615
919,812
886,261
916,392
966,533
929,235
941,410
861,097
938,831
993,561
1,002,305
455,595
461,275
465,399
463,051
487,412
455,873
478,873
469,870
495,955
464,365
464,707
477,342
490,461
512,988
485,145
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 10
972,727 521,405
May-18
May-18 1,084,603 515,482
Jun-18
Jul-18
Jun-18
Jul-18
911,866
974,835
508,805
508,321
Aug-18
Aug-18 998,268 503,688
Sep-18
Oct-18
Nov-18
Dec-18
Sep-18
Oct-18
Nov-18
1,053,040
1,013,132
1,000,053
497,457
470,725
502,617
Dec-18 981,313 450,252
Percent of Original List Price Received December-18 OAHU, HAWAII (The percentage found when dividing a property's sales price by the original list price.)
101.0
100.0
+7.4% 100.0
100.0
99.8
99.7
99.6
99.4
+5.6% 99.0
98.7
99.1
99.5
98.9
99.1
99.0
99.0
98.9
99.0
98.8
98.8
99.4
99.1
98.6
98.3 98.3 98.0 98.0
98.8
98.8
98.7 97.9
98.3
97.9 98.4
97.7
98.3
98.3
97.7
97.6
98.0
98.1 97.7
97.6 97.4 97.0
97.4
97.4
97.4
97.4
+15.5% 97.0
96.8
96.7
96.9
96.0
95.0
Single Family Homes Condos
94.0 Jan-17
Feb-17
Mar-17
Apr-17
May-17
Jun-17
Jul-17
Aug-17
Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Percent of Original List Price: SFH Percent of Original List Price: Condos
Sep-17
Jul-17
Oct-17
Nov-17
Dec-17
Jan-18
Feb-18
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Aug-18
Jul-18
Sep-18
Oct-18
Nov-18
Dec-18
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
98.0
98.3
98.3
96.7
99.4
99.5
96.8
99.1
98.8
97.7
98.3
97.4
98.3
99.7
97.4
98.8
97.4
99.0
98.8
99.4
99.1
97.0
96.9
98.6
98.0
98.7
97.6
98.9
99.1
100.0
100.0
98.3
99.0
97.4
98.8
97.6
98.1
97.4
98.9
99.0
97.9
97.7
98.7
99.8
98.4
97.7
97.9
99.6
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 11
Active Continue to Show December-18 OAHU, HAWAII (A count of the properties that are in ACS during the current month.)
600 551 523
520
558
547
539
539
534
+7.4% 513
543
539 526
521
509 499
500
478
472
475
470
464
460
+5.6% 428 434
452
438
431
394
418
400
411 392
339
419
408
355
382
377
374
447 434
427
377
364
372 353
346 339
300
313
312
+15.5% 200
100 ACS: Single Family Homes ACS: Condos 0 Jan-17
Feb-17
Mar-17
Apr-17
May-17
Jun-17
Jul-17
Aug-17
Sep-17
Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 ACS: Single Family Homes ACS: Condos
Oct-17
Jul-17
Nov-17
Dec-17
Jan-18
Feb-18
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Aug-18
Jul-18
Sep-18
Oct-18
Nov-18
Dec-18
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
339
346
374
411
377
392
418
434
431
438
408
312
339
364
382
427
452
419
447
434
377
353
372
313
428
472
523
551
520
513
539
547
509
478
470
394
460
534
558
539
543
526
539
521
475
499
464
355
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 12
Housing Supply Overview December 2018
Pending Sales
Single Family Homes $350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above All Single Family Homes
Dec-18 66 162 220 495 1035 985 591 198 3752
Dec-17 89 195 273 684 1116 960 568 189 4074
% -25.8% -16.9% -19.4% -27.6% -7.3% 2.6% 4.0% 4.8% -7.9%
Pending Sales
Condos $150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above All Condos
Dec-18 264 264 368 448 975 1186 1539 786 5830
Dec-17 309 306 441 487 1095 1228 1503 688 6057
% -14.6% -13.7% -16.6% -8.0% -11.0% -3.4% 2.4% 14.2% -3.7%
Days on Market Dec-18 43 26 25 19 18 19 29 39 19
Dec-17 32 24 14 12 16 17 28 63 17
% 34.4% 8.3% 78.6% 58.3% 12.5% 11.8% 3.6% -38.1% 11.8%
Days on Market Dec-18 37 31 23 21 16 18 19 34 20
Dec-17 46 24 22 22 13 13 16 45 18
% -19.6% 29.2% 4.5% -4.5% 23.1% 38.5% 18.8% -24.4% 11.1%
Percentage of Original Price Received
Inventory of Homes for Sale
Dec-18 94.9% 97.2% 97.5% 99.2% 98.1% 98.7% 95.4% 92.3% 98.4%
Dec-18 Dec-17 19 10 26 52 60 49 113 119 236 209 299 215 286 214 227 211 1266 1079
% -1.4% -1.8% -1.6% -0.3% -0.6% 0.0% -1.1% -0.1% 0.2%
% 90.0% -50.0% 22.4% -5.0% 12.9% 39.1% 33.6% 7.6% 17.3%
Percentage of Original Price Received
Inventory of Homes for Sale
Dec-18 89.6% 96.9% 96.5% 97.4% 98.5% 98.5% 98.5% 96.6% 98.3%
Dec-18 Dec-17 90 116 78 76 154 120 129 100 196 213 313 247 420 357 530 463 1910 1692
SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 13
Dec-17 96.2% 99.0% 99.1% 99.5% 98.7% 98.7% 96.5% 92.4% 98.2%
Dec-17 93.3% 96.0% 96.8% 97.7% 98.8% 98.5% 98.8% 96.5% 98.6%
% -4.0% 0.9% -0.3% -0.3% -0.3% 0.0% -0.3% 0.1% -0.3%
% -22.4% 2.6% 28.3% 29.0% -8.0% 26.7% 17.6% 14.5% 12.9%
Months Supply of Inventory Dec-18 Dec-17 % 3.1 1.1 181.8% 1.6 2.9 -44.8% 2.9 2.0 45.0% 2.3 2.1 9.5% 2.5 2.3 8.7% 3.6 2.8 28.6% 5.7 4.7 21.3% 14.2 13.9 2.2% 3.8 3.2 18.8%
Months Supply of Inventory Dec-18 Dec-17 3.6 3.9 3.3 2.7 4.5 3.4 3.4 2.3 2.3 2.3 3.1 2.5 3.2 3.0 8.3 8.7 3.8 3.4
% -7.7% 22.2% 32.4% 47.8% 0.0% 24.0% 6.7% -4.6% 11.8%
Pending Sales Dec-18 Single Family Homes: Monthly, by Price Range (A count of properties that have offers accepted on them in a given month. Based on a 12 month rolling total.) 1260
######## ###### 1060
860 $350,000 and Below $350,001 - $475,000 $475,001 - $550,000 660
$550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above
460
260
60 Jan-17
Feb-17
$350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above All Single Family Homes
Mar-17
Apr-17 May-17
Jan-17 117 237 320 681 1020 864 498 173 3910
Jun-17
Jul-17
Aug-17
Sep-17
Feb-17 Mar-17 Apr-17 May-17 Jun-17 115 117 117 114 124 222 224 224 215 211 315 307 297 302 296 666 678 701 698 699 1038 1053 1057 1056 1065 868 879 888 894 899 505 512 513 540 552 180 178 173 182 173 3909 3948 3970 4001 4019
Oct-17
Jul-17 165 230 312 716 1146 961 595 183 4308
Nov-17
Aug-17 113 205 294 675 1102 935 561 178 4063
Dec-17
Sep-17 104 200 296 690 1108 926 549 192 4065
Jan-18
Feb-18
Mar-18
Apr-18
May-18
Oct-17 Nov-17 Dec-17 97 92 89 208 201 195 284 284 273 684 687 684 1122 1114 1116 934 955 960 557 570 568 197 190 189 4083 4093 4074
Jan-18 93 197 273 675 1127 969 572 184 4090
Feb-18 Mar-18 Apr-18 May-18 Jun-18 93 79 75 70 68 201 198 204 202 199 271 266 267 248 248 664 658 642 611 605 1142 1126 1141 1148 1155 979 996 1024 1017 1011 576 600 604 607 609 194 185 192 193 192 4120 4108 4149 4096 4087
SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 14
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Jul-18 70 199 242 588 1152 1028 602 198 4079
Nov-18
Dec-18
Aug-18 67 190 249 574 1150 1022 609 198 4059
Sep-18 64 188 241 559 1108 1026 610 190 3986
Oct-18 Nov-18 64 62 179 167 236 230 534 526 1086 1070 1028 1014 611 596 187 195 3925 3860
Dec-18 66 162 220 495 1035 985 591 198 3752
Pending Sales Dec-18 Condos: Monthly, by Price Range (A count of properties that have offers accepted on them in a given month. Based on a 12 month rolling total.) 1800
###### ######
1600
1400
1200
$150,000 and below $150,001 - $200,000 $200,001 - $250,000
1000
$250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000
800
$700,001 and above
600
400
200 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17
$150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above All Condos
Jul-17
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 387 368 366 388 375 360 344 338 357 356 345 346 416 402 422 441 435 412 566 535 562 544 533 516 1060 1018 1073 1090 1093 1115 1163 1114 1188 1195 1181 1186 1287 1256 1339 1360 1412 1412 592 585 607 599 619 622 5815 5616 5914 5973 5993 5969
Jul-17 354 362 413 518 1113 1187 1426 633 6006
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 357 328 338 365 309 350 338 329 350 306 438 417 440 479 441 533 527 516 549 487 1101 1092 1104 1184 1095 1203 1214 1218 1318 1228 1464 1486 1495 1632 1503 643 652 674 722 688 6089 6054 6114 6599 6057
SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 15
Jul-18
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 303 289 332 309 304 301 298 274 314 300 300 290 437 388 438 429 420 419 501 465 486 474 460 459 1091 991 1081 1077 1065 1046 1244 1118 1219 1218 1231 1226 1517 1438 1613 1631 1632 1645 693 671 727 763 766 760 6084 5634 6210 6201 6178 6146
Jul-18 304 288 426 453 1006 1241 1633 793 6144
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 305 295 283 263 264 277 270 267 256 264 417 405 406 386 368 447 432 435 439 448 1010 1028 1013 913 975 1233 1225 1204 1273 1186 1620 1603 1575 1560 1539 817 794 801 826 786 6126 6052 5984 5916 5830
Days on Market Until Sale Dec-18 Single Family Homes: Monthly, by Price Range (The median number of days between when a property is first listed and when an offer is accepted. Based on a 12 month rolling median.) 90
####### ######
80
70
60
$350,000 and Below $350,001 - $475,000 $475,001 - $550,000
50
$550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M
40
$1.9M and Above
30
20
10 Jan-17
Feb-17 Mar-17
$350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above All Single Family Homes
Jan-17 32 20 16 13 17 18 31 78 18
Apr-17 May-17 Jun-17
Jul-17
Aug-17
Sep-17
Feb-17 Mar-17 Apr-17 May-17 Jun-17 24 27 30 31 30 22 22 22 22 24 16 15 16 15 15 13 13 13 13 13 16 16 16 15 16 19 18 18 17 17 32 32 32 30 29 76 73 73 71 72 18 18 18 18 17
Oct-17
Jul-17 36 25 15 13 17 17 27 74 18
Nov-17 Dec-17
Aug-17 38 26 15 13 17 17 29 71 18
Sep-17 38 26 14 13 16 17 30 63 18
Jan-18
Feb-18
Mar-18
Oct-17 Nov-17 Dec-17 35 35 32 24 24 24 14 14 14 13 12 12 16 16 16 16 16 17 29 29 28 66 62 63 17 17 17
SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 16
Apr-18 May-18 Jun-18
Jan-18 36 28 14 12 16 17 31 60 17
Jul-18
Aug-18
Sep-18
Feb-18 Mar-18 Apr-18 May-18 Jun-18 39 36 37 35 34 28 27 27 29 26 14 15 15 16 16 12 12 12 13 14 16 16 16 16 16 15 15 16 15 16 31 31 30 29 30 57 63 64 59 53 17 17 17 17 17
Oct-18
Jul-18 29 26 17 14 15 16 30 46 16
Nov-18 Dec-18
Aug-18 26 25 18 15 15 16 27 48 16
Sep-18 24 28 20 15 16 17 27 49 16
Oct-18 Nov-18 Dec-18 27 39 43 26 26 26 24 25 25 15 16 19 17 18 18 18 19 19 26 27 29 41 38 39 18 19 19
Days on Market Until Sale Dec-18 Condos: Monthly, by Price Range (The median number of days between when a property is first listed and when an offer is accepted. Based on a 12 month rolling median.) 60
55
####### ###### 50
45
$150,000 and below
40
$150,001 - $200,000 $200,001 - $250,000 35
$250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000
30
$475,001 - $700,000 $700,001 and above 25
20
15
10 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17
$150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above All Condos
Jan-17 43 29 27 19 14 14 18 51 20
Jul-17
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18
Feb-17 Mar-17 Apr-17 May-17 Jun-17 43 42 44 44 44 28 25 24 24 24 24 23 22 23 23 19 18 18 18 20 14 14 13 13 13 14 13 13 13 13 19 18 18 18 17 53 52 52 52 48 20 19 19 19 18
Jul-17 41 23 22 21 13 13 16 47 18
Feb-18 Mar-18 Apr-18 May-18 Jun-18
Jul-18
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 39 38 41 43 46 42 41 43 42 43 43 24 24 25 24 24 23 26 28 29 30 30 23 22 21 21 22 20 22 21 21 21 23 21 21 21 20 22 21 20 21 20 21 19 13 13 13 13 13 13 13 13 14 14 15 13 13 13 13 13 13 13 14 14 14 14 16 16 16 16 16 16 16 15 15 16 16 50 50 49 47 45 44 41 40 40 40 40 18 18 18 18 18 17 17 18 18 18 19
SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 17
Jul-18 42 31 23 18 15 15 17 40 19
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 43 45 41 38 37 30 30 30 30 31 23 24 25 24 23 18 20 21 21 21 15 15 15 15 16 15 16 16 16 18 17 17 18 18 19 37 35 34 33 34 19 19 19 20 20
Percentage of Original Price Received Dec-18 Single Family Homes: Monthly, by Price Range (The average percentage found when dividing a property's sales price by the original list price. Based on a rolling 12 month average.) 100.0%
####### ######
98.0%
$350,000 and Below 96.0%
$350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M
94.0%
$1.1M - $1.9M $1.9M and Above
92.0%
90.0% Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17
$350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above All Single Family Homes
Jan-17 96.2% 97.4% 98.8% 100.0% 98.8% 98.0% 95.9% 91.7% 99.1%
Feb-17 96.1% 97.2% 98.8% 100.1% 99.0% 98.0% 96.6% 91.2% 99.0%
Mar-17 96.0% 97.9% 98.9% 100.1% 98.9% 98.3% 96.6% 90.9% 98.9%
Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Apr-17 May-17 Jun-17 96.0% 96.2% 95.1% 98.2% 98.2% 98.1% 99.1% 99.1% 99.2% 100.0% 99.8% 99.9% 98.7% 98.8% 98.9% 98.2% 98.4% 98.5% 96.5% 96.9% 96.7% 90.7% 90.9% 91.0% 98.7% 98.8% 98.9%
Jul-17 96.0% 97.9% 99.3% 99.8% 99.0% 98.5% 96.7% 90.6% 98.7%
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 95.9% 95.7% 95.8% 95.7% 96.2% 98.0% 98.3% 98.4% 98.6% 99.0% 99.1% 99.0% 99.0% 99.1% 99.1% 99.7% 99.5% 99.6% 99.6% 99.5% 99.0% 98.9% 98.8% 98.7% 98.7% 98.7% 98.7% 98.7% 98.7% 98.7% 96.8% 96.6% 96.3% 96.4% 96.5% 91.3% 91.5% 91.5% 91.9% 92.4% 98.6% 98.5% 98.4% 98.3% 98.2%
SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 18
Jan-18 Feb-18 Mar-18 96.1% 96.1% 96.5% 98.4% 98.4% 98.5% 99.2% 99.1% 99.1% 99.6% 99.5% 99.6% 98.7% 98.7% 98.8% 98.9% 99.1% 99.2% 96.3% 95.7% 95.9% 92.4% 92.7% 93.2% 98.2% 98.3% 98.3%
Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
Apr-18 May-18 Jun-18 95.6% 95.4% 96.6% 98.2% 98.0% 98.4% 98.6% 98.4% 98.1% 99.6% 99.8% 99.8% 98.8% 98.5% 98.5% 99.2% 99.3% 99.3% 95.9% 95.9% 96.4% 93.3% 92.1% 92.3% 98.4% 98.3% 98.2%
Jul-18 95.6% 98.5% 98.2% 99.7% 98.3% 99.3% 96.5% 92.8% 98.4%
Aug-18 Sep-18 Oct-18 Nov-18 95.5% 96.8% 97.0% 95.1% 98.7% 98.2% 98.3% 98.5% 98.1% 98.0% 97.9% 97.7% 99.5% 99.8% 99.6% 99.5% 98.3% 98.4% 98.4% 98.2% 99.2% 99.1% 99.1% 99.0% 96.7% 96.2% 96.4% 96.0% 92.6% 93.0% 92.9% 93.1% 98.4% 98.4% 98.4% 98.3%
Dec-18 94.9% 97.2% 97.5% 99.2% 98.1% 98.7% 95.4% 92.3% 98.4%
Percentage of Original Price Received Dec-18 Condos: Monthly, by Price Range (The average percentage found when dividing a property's sales price by the original list price. Based on a rolling 12 month average.) 100.0%
####### ###### 98.0%
96.0% $150,000 and below $150,001 - $200,000 $200,001 - $250,000 94.0%
$250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above
92.0%
90.0%
88.0% Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17
$150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above All Condos
Jan-17 90.7% 96.3% 96.9% 98.4% 99.3% 98.7% 98.7% 94.4% 98.8%
Feb-17 91.3% 95.9% 97.1% 98.3% 99.3% 98.6% 98.8% 94.6% 98.8%
Mar-17 91.0% 96.4% 97.0% 98.2% 99.2% 98.7% 98.7% 95.5% 98.7%
Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Apr-17 May-17 Jun-17 90.9% 91.0% 91.1% 96.3% 96.5% 96.3% 97.1% 97.1% 97.1% 98.2% 98.1% 98.0% 99.3% 99.4% 99.5% 98.6% 98.7% 98.8% 98.7% 98.7% 98.7% 95.7% 95.4% 95.7% 98.7% 98.6% 98.8%
Jul-17 91.7% 96.4% 97.0% 97.9% 99.4% 98.8% 98.7% 95.8% 98.8%
Aug-17 92.3% 96.8% 96.8% 97.8% 99.2% 98.6% 98.7% 95.8% 98.9%
Jul-18
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 92.2% 92.2% 92.6% 93.3% 93.9% 93.1% 93.5% 92.8% 92.7% 91.9% 96.6% 96.2% 95.8% 96.0% 96.1% 96.4% 96.5% 96.5% 96.4% 96.9% 96.7% 96.9% 96.8% 96.8% 96.8% 96.5% 96.6% 96.5% 96.2% 96.1% 97.8% 97.6% 97.7% 97.7% 97.7% 97.6% 97.7% 97.8% 97.9% 98.0% 99.1% 98.9% 98.9% 98.8% 98.6% 98.7% 98.9% 98.9% 98.8% 98.7% 98.6% 98.5% 98.4% 98.5% 98.5% 98.5% 98.4% 98.5% 98.5% 98.4% 98.7% 98.9% 98.9% 98.8% 98.7% 98.6% 98.8% 99.0% 99.0% 98.8% 95.7% 95.8% 96.1% 96.5% 96.6% 96.7% 96.8% 96.4% 96.5% 96.5% 98.8% 98.7% 98.7% 98.6% 98.6% 98.5% 98.6% 98.6% 98.5% 98.3%
SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 19
Jul-18 91.8% 96.9% 95.9% 97.8% 98.7% 98.5% 98.8% 96.8% 98.2%
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 91.4% 89.9% 89.7% 89.9% 89.6% 96.7% 96.8% 96.8% 96.9% 96.9% 95.9% 96.0% 96.1% 96.4% 96.5% 97.8% 97.7% 97.6% 97.2% 97.4% 98.8% 98.7% 98.7% 98.6% 98.5% 98.6% 98.5% 98.5% 98.6% 98.5% 98.8% 98.8% 98.7% 98.7% 98.5% 96.6% 96.5% 96.5% 96.4% 96.6% 98.3% 98.2% 98.3% 98.2% 98.3%
Inventory of Homes for Sale Dec-18 Single Family Homes: Monthly, by Price Range (The number of properties available for sale in active status at the end of a given month.) 400
####### ######
350
300
250
$350,000 and Below $350,001 - $475,000 $475,001 - $550,000
200
$550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M
150
$1.9M and Above
100
50
0 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17
$350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above All Single Family Homes
Jan-17 17 40 44 102 204 189 210 229 1035
Jul-17
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Feb-17 Mar-17 Apr-17 May-17 Jun-17 23 34 23 23 25 41 44 34 43 47 49 57 44 58 49 100 105 118 128 127 175 249 232 253 244 187 211 227 240 264 208 222 226 255 272 229 237 218 225 234 1012 1159 1112 1225 1262
Jul-17 19 42 55 123 237 248 268 229 1221
Jul-18
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 27 15 14 13 10 14 7 14 13 13 18 41 47 59 56 52 45 46 39 46 44 38 45 54 45 49 49 43 44 55 48 55 52 120 132 107 98 119 91 92 111 118 120 136 243 247 224 211 209 180 172 199 212 242 266 255 240 254 233 215 210 214 229 267 292 326 269 263 241 250 214 201 216 247 244 275 295 230 229 213 222 211 219 223 225 243 237 230 1230 1227 1157 1132 1079 1003 1014 1119 1191 1278 1361
SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 20
Jul-18 23 36 48 132 278 324 308 233 1382
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 22 17 22 26 19 34 37 35 37 26 54 46 48 63 60 111 118 131 145 113 273 265 299 297 236 352 338 350 333 299 330 313 306 317 286 227 227 240 236 227 1403 1361 1431 1454 1266
Inventory of Homes for Sale Dec-18 Condos: Monthly, by Price Range (The number of properties available for sale in active status at the end of a given month.) 670
######## ###### 570
470 $150,000 and below $150,001 - $200,000 $200,001 - $250,000 370
$250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above
270
170
70 Jan-17
Feb-17 Mar-17
$150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above All Condos
Jan-17 112 77 109 104 217 207 300 396 1522
Apr-17 May-17 Jun-17
Jul-17
Aug-17
Sep-17
Feb-17 Mar-17 Apr-17 May-17 Jun-17 117 125 133 135 145 83 86 94 98 96 107 107 114 125 129 123 141 117 134 134 187 223 224 241 233 228 265 248 225 267 278 337 372 402 420 402 428 455 459 458 1525 1712 1757 1849 1882
Oct-17
Jul-17 156 81 141 120 227 265 401 435 1826
Nov-17 Dec-17
Jan-18
Feb-18 Mar-18
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 170 163 166 143 116 90 86 78 84 76 146 135 128 137 120 139 123 129 107 100 226 219 238 240 213 283 287 255 277 247 439 385 400 400 357 425 449 446 451 463 1918 1847 1840 1839 1692
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 21
Apr-18 May-18 Jun-18
Jul-18
Aug-18
Sep-18
Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 125 129 156 154 145 140 75 90 94 93 91 105 100 101 116 131 129 153 111 121 132 134 146 141 208 223 216 248 230 257 273 269 287 297 271 334 364 371 401 437 449 478 443 485 503 551 517 515 1699 1789 1905 2045 1978 2123
Oct-18
Jul-18 137 103 135 146 237 341 466 525 2090
Nov-18 Dec-18
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 142 116 96 109 90 103 82 90 94 78 151 135 145 170 154 140 139 144 137 129 212 250 224 234 196 336 324 370 348 313 466 494 507 467 420 521 513 509 544 530 2071 2053 2085 2103 1910
Months Supply of Inventory Dec-18 Single Family Homes: Monthly, by Price Range (Compares the number of active listings available to the average monthly pending sales from the last 12 months.) 18.0
16.0
####### ######
14.0
12.0 $350,000 and Below $350,001 - $475,000 10.0 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000
8.0
$800,001 - $1.1M $1.1M - $1.9M $1.9M and Above
6.0
4.0
2.0
0.0 Jan-17
Feb-17
$350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above All Single Family Homes
Mar-17
Apr-17 May-17
Jan-17 1.6 1.8 1.5 1.8 2.6 2.8 5.3 16.2 3.3
Jun-17
Jul-17
Aug-17
Sep-17
Feb-17 Mar-17 Apr-17 May-17 Jun-17 2.2 3.4 2.3 2.3 2.5 1.9 2.1 1.7 2.2 2.4 1.7 2.0 1.6 2.1 1.8 1.8 1.8 2.1 2.2 2.2 2.2 3.0 2.8 3.0 2.9 2.8 3.1 3.3 3.4 3.7 5.2 5.5 5.6 6.2 6.5 16.0 16.5 15.2 15.6 16.2 3.2 3.6 3.5 3.8 3.9
Oct-17
Jul-17 1.9 2.2 2.0 2.1 2.7 3.4 6.2 15.8 3.7
Nov-17 Dec-17
Jan-18
Feb-18
Mar-18
Apr-18 May-18
Jun-18
Jul-18
Aug-18
Sep-18
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 2.7 1.5 1.4 1.4 1.1 1.5 0.8 1.6 1.5 1.6 2.3 2.2 2.5 3.2 3.1 2.9 2.6 2.6 2.3 2.7 2.6 2.2 1.7 2.1 1.7 2.0 2.0 1.8 1.8 2.3 2.0 2.4 2.3 2.1 2.3 1.9 1.7 2.1 1.6 1.6 1.9 2.1 2.1 2.5 2.8 2.8 2.5 2.4 2.3 2.0 1.9 2.2 2.3 2.6 2.8 3.4 3.2 3.4 3.1 2.8 2.7 2.8 2.9 3.4 3.6 4.0 6.2 5.9 5.4 5.6 4.7 4.4 4.7 5.3 5.1 5.7 6.1 15.8 15.5 14.2 14.8 13.9 14.3 14.5 14.6 15.6 15.2 14.6 3.7 3.7 3.4 3.4 3.2 3.0 3.0 3.3 3.5 3.7 4.0
SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 22
Oct-18
Nov-18 Dec-18
Jul-18 3.2 2.2 2.1 2.4 3.0 4.0 6.4 14.7 4.1
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 3.2 2.6 3.4 4.2 3.1 2.0 2.2 2.1 2.3 1.6 2.4 2.1 2.2 3.0 2.9 2.1 2.2 2.5 2.9 2.3 2.9 2.8 3.2 3.2 2.5 4.3 4.1 4.2 4.0 3.6 6.8 6.4 6.2 6.4 5.7 14.2 14.2 15.1 14.8 14.2 4.1 4.0 4.2 4.3 3.8
Months Supply of Inventory Dec-18 Condos: Monthly, by Price Range (Compares the number of active listings available to the average monthly pending sales from the last 12 months.) 12.0
####### ###### 10.0
8.0 $150,000 and below $150,001 - $200,000 $200,001 - $250,000 6.0
$250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above
4.0
2.0
0.0 Jan-17
Feb-17 Mar-17 Apr-17 May-17 Jun-17
$150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above All Condos
Jan-17 3.4 2.8 3.2 2.0 2.5 2.2 3.2 8.9 3.3
Jul-17
Aug-17 Sep-17
Feb-17 Mar-17 Apr-17 May-17 Jun-17 3.6 3.9 4.1 4.2 4.5 3.1 3.1 3.4 3.5 3.4 3.1 3.1 3.3 3.6 3.8 2.4 2.8 2.4 2.8 2.9 2.2 2.6 2.6 2.8 2.6 2.4 2.8 2.6 2.7 2.8 2.9 3.4 3.7 3.9 4.0 8.9 9.3 9.7 9.6 9.5 3.3 3.7 3.7 3.9 3.9
Jul-17 4.9 2.9 4.1 2.6 2.6 2.8 3.7 8.9 3.8
Oct-17 Nov-17 Dec-17
Jan-18
Feb-18 Mar-18 Apr-18 May-18 Jun-18
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 5.4 5.2 5.4 4.7 3.9 3.2 3.0 2.7 2.9 2.7 4.2 3.9 3.6 3.8 3.4 3.0 2.7 2.9 2.4 2.3 2.5 2.4 2.6 2.6 2.3 2.9 2.9 2.6 2.8 2.5 4.0 3.4 3.5 3.4 3.0 8.5 8.9 8.7 8.6 8.7 3.9 3.8 3.7 3.7 3.4
SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 23
Jan-18 4.3 2.7 2.8 2.5 2.3 2.7 3.0 8.2 3.4
Jul-18
Aug-18 Sep-18
Feb-18 Mar-18 Apr-18 May-18 Jun-18 4.5 5.5 5.5 5.3 5.2 3.2 3.4 3.4 3.4 4.0 2.8 3.2 3.7 3.6 4.3 2.8 3.1 3.2 3.5 3.4 2.4 2.4 2.7 2.5 2.8 2.7 2.8 2.9 2.7 3.3 3.1 3.3 3.5 3.5 3.7 8.9 9.1 9.8 9.0 8.8 3.6 3.8 4.0 3.9 4.2
Oct-18 Nov-18 Dec-18
Jul-18 5.1 4.0 3.8 3.6 2.6 3.3 3.6 8.8 4.1
Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 5.4 4.4 3.7 4.4 3.6 4.0 3.3 3.7 3.9 3.3 4.2 3.8 4.1 4.9 4.5 3.5 3.5 3.7 3.6 3.4 2.4 2.8 2.5 2.7 2.3 3.3 3.2 3.6 3.4 3.1 3.6 3.8 3.8 3.5 3.2 8.6 8.3 8.1 8.6 8.3 4.1 4.0 4.1 4.2 3.8
Closed Sales Single Family Homes and Condos OAHU, HAWAII: Jan 1987 to the Present 900 Closed Sales SFH Closed Sales CONDO 800
700
600
500
400
300
200
100
0 1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 24
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
Median Sales Price Single Family Homes and Condos OAHU, HAWAII: Jan 1987 to the Present 900000 Median Sales Price SFH Median Sales Price CONDO 800000
700000
600000
500000
400000
300000
200000
100000
0 1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 25
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
December 2018 Single Family Homes Sold 60
53
50 48
40
30
29
25
20
19
14 13 10 10
9 7 6
6 5 4
4
3 2 1 0 0
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 26
1
December 2018 Condos Sold 120 113
100
82 80
66 61 60
40 40
29
20
17
16
7 5
4
0 Less than 100,000
100,000-199,999
200,000-299,999
300,000-399,999
400,000-499,999
500,000-599,999
SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 27
600,000-699,999
700,000-799,999
800,000-899,999
900,000-999,999
1,000,000 or more
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