JULY O‘ahu Single-Family Home Sales Heat Up in July Single-family home sales rose 20.1%, while condo sales declined 7.8% year-over-year
July saw year-over-year single-family home sales jump by 20.1%, from 224 to 269, while condo sales declined 7.8%, with 389 sales compared to 422 in July 2023. Compared to one month ago, sales in both markets rose slightly, up 4.3% in the single-family home market and 9.6% in the condo market.
Median sales prices in both markets increased modestly, with the single-family home median sales price reaching $1,140,000 and condos ending the month at $509,000, up by 4.6% and 1.8% respectively. Both the single-family home and condo markets saw a smaller share of sales close above their original asking price. This July, 29% of single-family home sales and 15% of condos closed above their original asking price, compared to 36% and 25%, respectively, in July 2023.
“While year-over-year sales are mixed, we saw activity in both single-family home and condo sales pick up in July, which is typical for this time of year,” said the President of the Honolulu Board of REALTORS®. “Demand and median sales prices are continuing to hold steady, particularly in the single-family home market, despite an uptick in active inventory. We’re closely monitoring the interest rate, condo insurance and new practices and policies that could affect our market, but it will take some time to see any impact. The best thing buyers and sellers can do to stay informed is to work with a REALTOR®, who can help them navigate the market.”
Single-family homes moved at a similar pace to last year, with July sales reflecting 15 median days on market, one day quicker than the median last July. However, the condo median days on market was nearly twice as long as July 2023, climbing from 16 to 30 days.
New listings came on the market across the price spectrum, and in greater quantities at most price points, surging 32.0% for singlefamily homes and 29.8% for condos. Throughout July, 363 single-family homes and 676 condos were newly listed. In the singlefamily home market, new listings in the $600,000 to $999,999 range grew 32.7% year-over-year to 138 listings, while new listings at $1,000,000 and above rose 36.5% to 213 listings. Condos in the $300,000 to $599,999 range accounted for 325 or 48% of new listings in July. This range also experienced a significant boost compared to a year ago, up by 95 units or 41.3%. Condos in the $700,000 to $1,999,999 range also saw a large jump in new listings, rising by 70 units or 53.4% year-over-year.
Active inventory continued to build in both markets with a 10.6% month-over-month increase for single-family homes and an 8% increase for condos. At the end of July, there were 722 active single-family home listings and 1,867 active condo listings. Compared to the same time one year ago, single-family home and condo active inventory was higher by 22.2% and 61.8%, respectively. With condo active inventory up more than 60% from the same time last year, every region offered buyers more options. The growth in inventory was also applicable to most price points, with the largest rise occurring in the $300,000 to $499,999 range where active inventory more than doubled from last year to 593 active listings.
Source: Honolulu Board of Realtors
Source: Honolulu Board of Realtors
Oahu Monthly Housing Statistics *seefootnotesonpages9-12regardingmethodologyupdatesYoY%chg=year-over-yearpercentchangecomparingcurrentmonthtothesamemonthlastyear. MoM%chg=month-over-monthpercentchangecomparingcurrentmonthtothepreviousmonth.
*seefootnotesonpages9-12regardingmethodologyupdates1-yr%chg=percentchangecomparingthecurrentYTDtimeperiodtothesameYTDtimeperiodoneyearago. 2-yr%chg=percentchangecomparingthecurrentYTDtimeperiodtothesameYTDtimeperiodtwoyearsago.
Single-Family Homes Condos
Single-Family Homes Condos
Single-Family Homes Sold July 2024
OAHU, HAWAII
(Acountofpropertiesthathaveclosedinagivenmonth)
Mo-Yr
Single-Family HomesCondosTotal
Jul-214046711,075
Aug-214256751,100
Sep-214246151,039
Oct-21381611992
Nov-21371601972
Dec-21378593971
Jan-22326552878
Feb-22241486727
Mar-22321672993
Apr-223656721,037
May-223446881,032
Jun-22357626983
Jul-22312518830
Aug-22314508822
Sep-22278496774
Oct-22222435657
Nov-22192340532
Dec-22202360562
Jan-23150275425
Feb-23173325498
Mar-23236444680
Apr-23208420628
May-23262438700
Jun-23248470718JulySFHYoY%chgCNDYoY%chgJulyYTDSFHYoY%chgYTDCNDYoY%chg
Jul-232244226462022312-22.8%518-22.8%20222,266-11.0%4,2142.6%
Aug-232524226742023224-28.2%422-18.5%20231,501-33.8%2,794-33.7%
Sep-23232376608
Oct-23213399612
Nov-23180310490
Dec-23182272454
Jan-24184292476
Feb-24179334513
Mar-24230344574
Apr-24262431693 May-24249478727
July 2024 OAHU, HAWAII (Themediansalespriceofallclosedpropertiesinagivenmonth)
Mo/Yr Single-Family HomesCondos
Jul-21$992,500$475,000
Aug-21$1,050,000$500,000
Sep-21$1,050,000$478,000
Oct-21$1,000,000$500,000
Nov-21$1,050,000$500,000
Dec-21$1,050,000$485,000
Jan-22$1,050,000$510,000
Feb-22$1,125,000$497,000
Mar-22$1,150,000$515,500
Apr-22$1,105,000$510,000
May-22$1,153,500$516,500
Jun-22$1,100,000$534,000
Jul-22$1,107,944$500,000
Aug-22$1,125,500$498,500
Sep-22$1,100,000$502,500
Oct-22$1,050,000$520,000
Nov-22$1,149,500$480,000
Dec-22$1,049,500$502,500
Jan-23$970,000$495,000
Feb-23$987,000$480,000
Mar-23$1,083,750$536,000
Apr-23$999,995$500,000
May-23$1,109,000$505,000
Jun-23$1,050,000$510,000JulySFHYoY%chgCNDYoY%chgJulyYTDSFHYoY%chgYTDCNDYoY%chg
Jul-23$1,090,000$500,0002022$1,107,94411.6%$500,0005.3%2022$1,110,50016.9%$515,00012.2%
Aug-23$1,110,000$515,0002023$1,090,000-1.6%$500,0000.0%2023$1,050,000-5.4%$500,000-2.9%
Sep-23$1,050,000$532,500
Oct-23$1,100,000$515,000
Nov-23$1,100,055$516,179
Dec-23$996,500$510,000
Jan-24$1,021,016$502,500
Feb-24$1,075,000$512,500
Mar-24$1,100,000$500,000
Apr-24$1,100,000$528,000
May-24$1,085,000$495,000
Jun-24$1,120,000$530,000
Jul-24$1,140,000$509,000
Median Sales Price
Single-Family Homes Condos
July 2024 OAHU, HAWAII
(Theaveragesalespriceofallclosedpropertiesinagivenmonth)
Mo/Yr Single-Family HomesCondos
Jul-21$1,265,382$544,064
Aug-21$1,316,681$618,612
Sep-21$1,289,510$558,002
Oct-21$1,335,171$582,509
Nov-21$1,296,551$559,007
Dec-21$1,303,481$604,749
Jan-22$1,277,309$623,928
Feb-22$1,486,088$583,367
Mar-22$1,570,668$623,684
Apr-22$1,404,481$613,189
May-22$1,450,008$625,327
Jun-22$1,382,559$631,822
Jul-22$1,329,023$590,934
Aug-22$1,341,958$547,319
Sep-22$1,307,249$607,502
Oct-22$1,243,960$676,988
Nov-22$1,387,685$594,444
Dec-22$1,325,156$576,689
Jan-23$1,139,294$633,441
Feb-23$1,427,864$592,131
Mar-23$1,391,538$651,630
Apr-23$1,223,383$603,795
May-23$1,355,804$623,748 Monthly Average Sales Price
Year-to-Date
Jun-23$1,300,456$589,597JulySFHYoY%chgCNDYoY%chgJulyYTDSFHYoY%chgYTDCNDYoY%chg
Jul-23$1,270,421$617,6832022$1,329,0235.0%$590,9348.6%2022$1,415,21317.5%$615,32014.4%
Aug-23$1,427,996$628,1272023$1,270,421-4.4%$617,6834.5%2023$1,308,781-7.5%$614,627-0.1%
Sep-23$1,357,981$608,222 2024$1,360,4157.1%$616,302-0.2%
Oct-23$1,304,757$670,805
Nov-23$1,434,999$676,625
Dec-23$1,207,793$602,535
Jan-24$1,323,172$593,630
Feb-24$1,437,693$580,274
Mar-24$1,380,838$579,500
Apr-24$1,408,991$617,664
May-24$1,419,039$592,964
Jun-24$1,282,503$690,803
Jul-24$1,360,415$616,302
Single-Family Homes Condos
Median Days on Market July 2024
OAHU, HAWAII
(DaysonMarketrepresentsthenumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted;theMedianDaysonMarketrepresentsthemedianofallsalesinagivenmonth)
Mo/Yr Single-Family HomesCondos
Jul-21911
Aug-21912
Sep-21911
Oct-211011
Nov-21119
Dec-211113
Jan-221214
Feb-221314
Mar-2299
Apr-221012
May-221010
Jun-221011
Jul-221112
Aug-221313
Sep-221814
Oct-221919
Nov-221818
Dec-222521
Jan-232424
Feb-234728
Mar-233624
Apr-232420
May-232120
Days on Market
Single-Family Homes Condos
Percent of Original List Price Received July 2024
OAHU, HAWAII
(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodindicated)
Mo/Yr Single-Family HomesCondos
Jul-21103.9%100.0%
Aug-21103.0%100.0%
Sep-21103.1%100.0%
Oct-21102.2%100.0%
Nov-21102.2%100.0%
Dec-21102.1%100.0%
Jan-22101.6%100.0%
Feb-22100.8%100.0%
Mar-22102.0%100.0%
Apr-22102.6%100.0%
May-22102.2%100.0%
Jun-22102.0%100.0%
Jul-22100.0%100.0%
Aug-22100.0%100.0%
Sep-2299.2%100.0%
Oct-2299.8%99.0%
Nov-2298.4%98.8%
Dec-2296.7%98.5%
Jan-2395.9%98.4%
Feb-2396.0%98.0%
Mar-2396.7%98.5%
Apr-2398.3%98.7%
May-2398.7%99.0%
Percent of Original List Price Received
Jun-2399.5%98.9%JulySFHYoY%chgCNDYoY%chgJulyYTDSFHYoY%chgYTDCNDYoY%chg
Jul-23100.0%98.8%2022100.0%-3.8%100.0%0.0%2022101.6%-0.2%100.0%0.0% Aug-2399.1%99.6%2023100.0%0.0%98.8%-1.2%202398.2%-3.3%98.6%-1.4%
Sep-2399.0%98.8%
Oct-2398.0%98.7%
Nov-2397.1%98.0% Dec-2398.3%97.9%
Single-Family Homes Condos
July 2024
OAHU, HAWAII
(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)
Mo-Yr
Single-Family HomesCondosTotal
Jul-214696641,133
Aug-214607211,181
Sep-214127381,150
Oct-213767171,093
Nov-21358639997
Dec-21245527772
Jan-22320666986
Feb-223677391,106
Mar-224127141,126
Apr-224247221,146
May-224456871,132
Jun-223916861,077
Jul-223866161,002
Aug-22381608989
Sep-22304601905
Oct-22285532817
Nov-22289526815
Dec-22164371535
Jan-23268523791
Feb-23233463696
Mar-23293530823
Apr-23292532824
May-23309582891
Jun-23324535859JulySFHYoY%chgCNDYoY%chgJulyYTDSFHYoY%chgYTDCNDYoY%chg Jul-232755217962022386-17.7%616-7.2%20222,745-7.5%4,830-0.1%
Aug-233305498792023275-28.8%521-15.4%20231,994-27.4%3,686-23.7%
Sep-23281516797
Pending Sales* July 2024
OAHU, HAWAII
(Ameasureofcontractactivityrepresentedbyacountofpropertiesthathavehadoffersacceptedonthemduringagivenmonth)
Mo/Yr
Single-Family HomesCondosTotal
Jul-214336581,091
Aug-214156171,032
Sep-213986291,027
Oct-214006301,030
Nov-21367573940
Dec-21287511798
Jan-22315574889
Feb-22316643959
Mar-223846911,075
Apr-223666631,029
May-22356601957
Jun-22305501806
Jul-22297484781
Aug-22312475787
Sep-22224436660
Oct-22198342540
Nov-22198359557
Dec-22168289457
Jan-23267378645
Feb-23217399616
Mar-23258444702
Apr-23271438709
May-23258507765
Jun-23231415646JulySFHYoY%chgCNDYoY%chgJulyYTDSFHYoY%chgYTDCNDYoY%chg Jul-232474216682022297-31.4%484-26.4%20222,339-16.5%4,157-7.9% Aug-232674256922023247-16.8%421-13.0%20231,749-25.2%3,002-27.8% Sep-23232371603
Oct-23192325517
Nov-23174308482
Dec-23182290472
Jan-24220376596
Feb-24269390659
*Methodologyupdatedasof2021toreflectacountofpropertiesthatenteredcontractwithinthegivenmonthandremaininesc
PendingSales,inreportspriorto2021,reflectacountofalllistingsthatheldaPending(P)statusthroughoutthegivenmo
Condos
Active Inventory* July 2024
OAHU, HAWAII
(ThenumberofpropertiesinActive(A)statusattheendofthegivenmonth)
Mo/Yr
Single-Family HomesCondosTotal
Jul-214159691,384
Aug-214169501,366 Sep-214371,0301,467 Oct-214011,0391,440 Nov-213661,0331,399 Dec-213099461,255 Jan-223119671,278 Feb-223489891,337 Mar-223609191,279 Apr-223959171,312 May-224719391,410 Jun-225279981,525 Jul-225761,0501,626 Aug-225961,0731,669 Sep-226291,1411,770 Oct-226561,1941,850 Nov-226821,2441,926 Dec-225971,1701,767
Jan-235511,1961,747
Feb-235471,1771,724JulySFHYoY%chgCNDYoY%chg
Mar-235411,1521,693202257638.8%1,0508.4% Apr-235351,1441,67920235912.6%1,1549.9%
May-235431,1181,661
Jun-236051,1591,764 Jul-235911,1541,745 Aug-235981,1461,744 Sep-235921,1941,786 Oct-236261,3061,932 Nov-236721,3372,009 Dec-236001,2341,834 Jan-246071,3481,955 Feb-245991,3881,987
Mar-245811,4932,074 Apr-246181,5762,194
May-246401,6512,291
Jun-246531,7292,382 Jul-24722 1,867 2,589
Inventory
Homes Condos
Total Active Inventory
Single-Family Homes + Condos
Single-Family Homes Condos
*Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus.
July 2024
OAHU, HAWAII
(Thenumberofpropertiesundercontractattheendofthegivenmonth/combinedlistingsinCandPstatus)
Mo/Yr
Single-Family HomesCondosTotal
Jul-217351,0261,761
Aug-217279791,706
Sep-216609511,611
Oct-216639351,598
Nov-216378991,536
Dec-215287841,312
Jan-224987971,295
Feb-225449461,490
Mar-226039801,583
Apr-225929561,548
May-225838561,439
Jun-225097281,237
Jul-224796761,155
Aug-224626541,116
Sep-22388590978
Oct-22345506851
Nov-22319512831
Dec-22278430708
Jan-23376523899
Feb-23386592978JulySFHYoY%chgCNDYoY%chg
Mar-233936029952022479-34.8%676-34.1%
Apr-234356231,0582023383-20.0%586-13.3%
May-234186861,104
Jun-23370612982
Jul-23383586969
Aug-23391590981
Sep-23383569952
Oct-23333475808
Nov-23312473785
Dec-23305468773
Jan-24334532866
Feb-244165861,002
Mar-244486471,095
Apr-244456471,092
May-244405931,033
Jun-244336071,040
Jul-24409 580 989 *Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.
Total Inventory In Escrow Single-Family Homes Condos
Total Inventory In Escrow Single-Family Homes + Condos Single-Family Homes Condos
Months Supply of Active Inventory*
July 2024
OAHU, HAWAII
(Comparesactiveinventorytoarolling12-monthaverageclosedsales)
Mo/Yr
Single-Family HomesCondos
Jul-211.11.8
Aug-211.11.7
Sep-211.21.8
Oct-211.11.8
Nov-211.01.7
Dec-210.81.6
Jan-220.81.6
Feb-220.91.6
Mar-221.01.5
Apr-221.11.5
May-221.31.5
Jun-221.51.6
Jul-221.61.7
Aug-221.71.8
Sep-221.92.0
Oct-222.12.1
Nov-222.22.3
Dec-222.12.2
Jan-232.02.4
Mar-232.12.420221.645.5%1.7-5.6%
May-232.22.6
Jun-232.62.8
Jul-232.62.8
Aug-232.72.8
Sep-232.73.0
Oct-232.93.3
Nov-233.13.4
Dec-232.83.2
Jan-242.83.5
Feb-242.83.6
Mar-242.74.0
Apr-242.84.2
May-242.94.4
Jun-243.04.7
Jul-243.2 5.1
*Methodologyupdatedasof2021(alsoappliedtohistoricaldatashownonthischart). MonthsofInventory,inreportspriorto2021,reflectacomparisonofactivelistingstoaveragependingsales.
Months Supply of Active Inventory
Single-Family Homes Condos
Condos
$700,000 - $799,999 211723.5%2240-45.0%98.7%98.7%0.0%382552.0%2326-11.5%533839.5%42405.0%2.81.947.4%
$800,000 - $899,999 353112.9%1621-23.8%99.5%100.0%-0.5%393221.9%2437-35.1%746415.6%3754-31.5%2.31.921.1%
$900,000 - $999,999 3036-16.7%914-35.7%100.0%100.1%-0.1%483826.3%40378.1%58571.8%57537.5%2.12.05.0%
$1,000,000 - $1,499,999 977136.6%1115-26.7%99.5%98.5%1.0%1107154.9%937622.4%18814727.9%13511616.4%2.51.931.6%
$1,500,000 - 1,999,999 343013.3%111010.0%99.4%100.3%-0.9%544228.6%332913.8%1178242.7%544714.9%4.33.234.4%
$2,000,000 - $2,999,999 181520.0%191258.3%95.8%97.7%-1.9%292138.1%161145.5%745729.8%22214.8%4.93.828.9%
$3,000,000 and above 145180.0%181520.0%96.4%99.3%-2.9%2022-9.1%10100.0%1149520.0%211816.7%11.411.9-4.2% All Single-Family Homes26922420.1%1516-6.3%99.0%100.0%-1.0%36327532.0%2552473.2%72259122.2%4093836.8%3.22.623.1%
$300,000 - $399,999 6973-5.5%271758.8%97.5%98.5%-1.0%1107448.6%746219.4%283128121.1%1018518.8%4.81.9152.6%
$400,000 - $499,999 5967-11.9%3612200.0%98.3%99.0%-0.7%1118432.1%6076-21.1%310144115.3%102966.3%5.12.0155.0%
$500,000 - $599,999 64614.9%211723.5%98.5%100.0%-1.5%1047244.4%5981-27.2%24212692.1%90103-12.6%4.52.1114.3%
$600,000 - $699,999 3852-26.9%3615140.0%98.7%99.1%-0.4%6168-10.3%3053-43.4%14910739.3%5179-35.4%3.52.259.1%
$700,000 - $999,999 5861-4.9%171154.5%100.0%99.5%0.5%1368363.9%62603.3%29420444.1%95905.6%4.73.246.9%
$1,000,000 - $1,499,999 272035.0%352166.7%96.2%96.8%-0.6%503351.5%281675.0%17911950.4%392462.5%8.56.041.7%
$1,500,000 - $1,999,999
Closed Sales by Price Range: Single-Family Homes July 2024 OAHU, HAWAII
(Acountofpropertiesthathaveclosedinagivenmonth)
$450,000-$599,999105100.0%746023.3%
$1,000,000-$1,499,999977136.6%918931-1.4% $1,500,000-1,999,999343013.3%3273173.2%
Closed Sales by Price Range: Condos July 2024 OAHU, HAWAII
(Acountofpropertiesthathaveclosedinagivenmonth)
$150,000-$299,9994951-3.9%502608-17.4%
$300,000-$399,9996973-5.5%703809-13.1% $400,000-$499,9995967-11.9%736853-13.7%
$500,000-$599,99964614.9%653723-9.7%
$600,000-$699,9993852-26.9%505580-12.9%
$700,000-$999,9995861-4.9%743763-2.6%
$1,000,000-$1,499,999272035.0%2522443.3%
$1,500,000-$1,999,99910666.7%8387-4.6%
$2,000,000andabove514-64.3%7695-20.0%
Median Days on Market by Price Range:
Single-Family Homes July 2024 OAHU, HAWAII
(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)
$449,999andbelow1077248.6%231735.3%
$450,000-$599,99942114-63.2%3538-7.9% $600,000-$699,999268225.0%34319.7% $700,000-$799,9992240-45.0%2529-13.8% $800,000-$899,9991621-23.8%25250.0%
$900,000-$999,999914-35.7%19185.6%
$1,000,000-$1,499,9991115-26.7%1517-11.8%
$1,500,000-1,999,999111010.0%171421.4% $2,000,000-$2,999,999191258.3%1316-18.8%
$3,000,000andabove181520.0%2944-34.1%
Median Days on Market by Price Range 1-mth Period: Single-Family
Median Days on Market by Price Range 12-mth Period: Single-Family Homes 12-mth Median This
Median Days on Market by Price Range: Condos July 2024
OAHU, HAWAII (Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)
$150,000-$299,999402190.5%312055.0%
$700,000-$999,999171154.5%20200.0%
$1,000,000-$1,499,999352166.7%32320.0%
Median Percent of Original List Price Received by Price Range: Single-Family Homes July 2024 OAHU, HAWAII (Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated) Single-Family
$449,999andbelow56.5%91.5%-38.3%93.3%98.9%-5.7%
Median Percent of Original List Price Received by Price Range 1-mth
$700,000-$799,99998.7%98.7%0.0%98.3%98.1%0.2%
$1,000,000-$1,499,99999.5%98.
Median Percent of Original List Price Received by Price Range 12-mth Period: Single-Family Homes 12-mth
Median Percent of Original List Price Received by Price Range: Condos July 2024 OAHU, HAWAII (Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)
Median Percent of Original List Price Received by Price Range 1-mth Period: Condos Jul-24 Jul-23
$149,999andbelow95.7%92.
$400,000-$499,99998.3%99.0%-0
$500,000-$599,99998.5%100.0%-1
$1,000,000-$1,499,99996.2%96.8%-0.6%96.3%96.3%0.0% $1,500,000-$1,999,99997.1%98.
Median Percent of Original List Price Received by Price Range 12-mth Period: Condos 12-mth
This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.
New Listings by Price Range: Single-Family Homes July 2024 OAHU, HAWAII
(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)
$450,000-$599,99911110.0%83786.4%
$1,000,000-$1,499,9991107154.9%1,1481,04310.1% $1,500,000-1,999,999544228.6%5034707.0%
List Price New Listings by Price Range 12-mth Period: Single-Family Homes 12-mth Total This Period 12-mth Total Last Period
New Listings by Price Range: Condos OAHU, HAWAII (Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)
$150,000-$299,9995660-6.7%691720-4.0%
$700,000-$999,9991368363.9%1,1481,02512.0% $1,000,000-$1,499,999503351.5%46639119.2%
Pending Sales by Price Range: Single-Family Homes July 2024
OAHU, HAWAII (Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)
$449,999andbelow03-100.0%322910.3%
$450,000-$599,999711-36.4%876827.9%
$900,000-$999,99940378.1%362372-2.7%
$1,000,000-$1,499,999937622.4%9529252.9%
$1,500,000-1,999,999332913.8%35430814.9%
$2,000,000-$2,999,999161145.5%174187-7.0%
$3,000,000andabove10100.0%117123-4.9%
Pending Sales by Price Range
List Price
Pending Sales by Price Range: Condos July 2024
OAHU, HAWAII (Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)
$149,999andbelow12933.3%149154-3.2%
$150,000-$299,9993652-30.8%499601-17.0%
$300,000-$399,999746219.4%766837-8.5%
$400,000-$499,9996076-21.1%778837-7.0%
$500,000-$599,9995981-27.2%687701-2.0%
$600,000-$699,9993053-43.4%507611-17.0%
$700,000-$999,99962603.3%7497371.6%
Pending Sales by Price Range 12-mth Period: Condos
$2,000,000andabove59-44.4%73100-27.0%
July 2024 OAHU, HAWAII
$449,999andbelow6520.0%
$450,000-$599,9991516-6.3%
$600,000-$699,9992330-23.3%
$700,000-$799,999533839.5%
$2,000,000-$2,999,999745729.8%
$3,000,000andabove1149520.0%
$599,999 and below
$600,000 to $799,999
$800,000 to $999,999
$1,000,000 to $1,999,999
$2,000,000 and above
$599,999 and below
$600,000 to $799,999
$800,000 to $999,999
$1,000,000 to $1,999,999
$2,000,000 and above
$149,999andbelow5153-3.8%
$150,000-$299,99919412456.5%
$300,000-$399,999283128121.1%
$400,000-$499,999310144115.3%
$1,500,000-$1,999,999726118.0%
$2,000,000andabove93885.7%
status.
$299,999 and below
$300,000 to $499,999
$500,000 to $699,999
$700,000 to $1,499,999
$1,500,000 and above
$299,999 and below
$300,000 to $499,999
$500,000 to $699,999
$700,000 to $1,499,999
$1,500,000 and above
$1,000,000
$599,999 and
$600,000 to $799,999
$800,000 to $999,999
$1,000,000 to $1,999,999
$2,000,000 and above
$299,999
$300,000 to $499,999
$500,000 to $699,999
$700,000 to $1,499,999
$1,500,000 and above
$299,999 and below 188176184183189185179185183182184177177170180196177152186185205210217223245 $300,000 to $499,999 238243263267292261277282251251252273272287314352363349386431464497517556593
iousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus.
Total Inventory In Escrow* by Price Range: Single-Family Homes
July 2024
OAHU, HAWAII (Thenumberofpropertiesinanescrowstatusattheendofagivenmonth) Single-Family HomesJul-24Jul-23YOY chg
$449,999andbelow6450.0%
$450,000-$599,99917170.0%
$600,000-$699,999181338.5%
$700,000-$799,99942405.0% $800,000-$899,9993754-31.5% $900,000-$999,99957537.5%
$1,000,000-$1,499,99913511616.4%
$1,500,000-1,999,999544714.9%
$2,000,000-$2,999,99922214.8%
$3,000,000andabove211816.7%
Inventory In Escrow by Price Range
-
and above
Inventory In Escrow - Percent Share by Price Range
$599,999 and below
$600,000 to $799,999
$800,000 to $999,999
$1,000,000 to $1,999,999
$2,000,000 and above
$599,999 and below
$600,000 to $799,999
$800,000 to $999,999
$1,000,000 to $1,999,999
$2,000,000 and above
(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)
Jul-24Jul-23YOY chg
$149,999andbelow18180.0%
$150,000-$299,9995973-19.2%
$300,000-$399,9991018518.8%
$400,000-$499,999102966.3%
$500,000-$599,99990103-12.6%
$600,000-$699,9995179-35.4%
$700,000-$999,99995905.6%
$1,000,000-$1,499,999392462.5%
$1,500,000-$1,999,999176183.3%
$2,000,000andabove812-33.3%
List Price Total Inventory In Escrow by Price Range Condos
$299,999 and below
$300,000 to $499,999
$500,000 to $699,999
$700,000 to $1,499,999
$1,500,000 and above
and above
$299,999 and below
$300,000 to $499,999
$500,000 to $699,999
$700,000 to $1,499,999
$1,500,000 and above
OAHU, HAWAII (Comparesactiveinventorytoarolling12-monthaverageclosedsales)
$449,999andbelow3.01.776.5%
$450,000-$599,9992.53.2-21.9%
$1,000,000-$1,499,9992.51.931.6%
$1,500,000-1,999,9994.33.234.4%
$2,000,000-$2,999,9994.93.828.9%
Months Supply of Inventory Single-Family Homes
$599,999 and below
$600,000 to $799,999
$800,000 to $999,999
$1,000,000 to $1,999,999
$2,000,000 and above
OAHU, HAWAII $149,999andbelow4.33.813.2%
$150,000-$299,9994.62.491.7%
$300,000-$399,9994.81.9152.6% $400,000-$499,9995.12.0155.0%
$1,000,000-$1,499,9998.56.041.7%
$1,500,000-$1,999,99910.38.718.4%
$2,000,000andabove15.511.040.9%
$299,999 and below
$300,000 to $499,999
$500,000 to $699,999
$700,000 to $1,499,999
$1,500,000 and above
Closed Sales Single-Family Homes and Condos Median Sales Price Single-Family Homes and Condos OAHU, HAWAII: Jan 1987 to the Present
Oahu Local Market Update May 2024 LOCAL MARKETS CONTENTS: Haina - Kuliouou1-3-6 to 1-3-8
to 1-4-7
to 1-6-9
to 1-7-7
- Nanakuli1-8-1 to 1-8-9
Plain1-9-1
to 1-9-3
1-9-4 to 1-9-5
City - Aiea1-9-6 to 1-9-9
City - Aiea20
- Kahala22
Local Market Update Aina Haina - Kuliouou
Ala Moana - Kakaako
Local Market Update Aina Haina - Kuliouou
Ala Moana - Kakaako
to 1-3-8
Aina Haina - Kuliouou 1-3-6 to 1-3-8
Ala Moana - Kakaako 1-2-3
Downtown - Nuuanu 1-1-8 to 1-2-2
Ewa Plain 1-9-1
Hawaii Kai 1-3-9
Kailua - Waimanalo 1-4-1 to Selected 1-4-4
Kalihi - Palama 1-1-2 to 1-1-7
Kaneohe Selected 1-4-4 to 1-4-7
Kapahulu - Diamond Head 1-3-1 to 1-3-4
Makaha - Nanakuli 1-8-1 to 1-8-9
Makakilo 1-9-2 to 1-9-3
Makiki - Moiliili 1-2-4 to 1-2-9 (except 1-2-6)
Mililani Selected 1-9-4 to 1-9-5
Moanalua - Salt Lake 1-1-1
North Shore 1-5-6 to 1-6-9
Pearl City - Aiea 1-9-6 to 1-9-9
Wahiawa 1-7-1 to 1-7-7
Waialae - Kahala 1-3-5
Local Market Update May-24May-23ChangeMay-24May-23ChangeMay-24May-23ChangeMay-24May-23ChangeMay-24May-23ChangeMay-24May-23Change
32307%$1,980,000$2,002,500-1%94.5%97.8%-3%292138%3238-16%3233-3%
220%$1,000,000$1,010,000-1%94.7%103.7%-9%384850%26-67%330%
252119%$1,200,000$1,100,0009%96.9%94.8%2%321788%363020%321878%
20818413%$877,500$900,000-3%99.1%98.0%1%2941-29%2802733%243245-1%
53522%$1,675,000$1,450,00016%98.0%98.8%-1%211450%766027%59574%
1031030%$1,780,000$1,511,00018%99.6%98.0%2%1318-28%1481378%113121-7%
3341-20%$910,000$850,0007%98.6%95.9%3%2137-43%5161-16%4358-26%
796032%$1,150,000$1,100,0005%98.8%97.5%1%1319-32%1127647%957036%
565012%$1,407,500$1,267,00011%96.7%94.6%2%1629-45%856727%66660%
95102-7%$660,000$665,000-1%97.0%97.1%0%3440-15%16614812%1221211%
3041-27%$932,500$980,000-5%96.2%97.6%-1%3541-15%59582%4458-24%
40378%$1,529,444$1,435,0007%98.1%95.7%3%161323%756417%4351-16%
5056-11%$1,070,000$1,057,0001%98.8%98.1%1%2028-29%70683%6070-14%
241385%$1,233,500$1,050,00017%99.2%99.5%0%171155%281856%261844%
2425-4%$1,862,500$1,389,00034%98.8%95.1%4%2056-64%523741%3031-3%
997925%$1,025,000$938,0009%100.0%98.9%1%1517-12%1078624%1079414%
382181%$827,500$840,000-1%98.6%94.8%4%1737-54%432387%412286%
30300%$2,414,500$2,497,500-3%99.9%96.8%3%4469-36%35343%40393%
Waikiki 1-2-6 00----------00-00-
Waipahu 1-9-4 5964-8%$950,000$920,0003%98.6%99.0%0%312055%80791%74714%
Windward Coast 1-4-8 to 1-5-5 241833%$914,000$1,157,000-21%95.2%99.7%-5%8020300%2832-13%25250%
May-24May-23ChangeMay-24May-23ChangeMay-24May-23ChangeMay-24May-23ChangeMay-24May-23ChangeMay-24May-23Change
Aina Haina - Kuliouou 1-3-6 to 1-3-8 00----------10-110%
Ala Moana - Kakaako
1-2-3
Downtown - Nuuanu 1-1-8 to 1-2-2
Ewa Plain 1-9-1
Hawaii Kai 1-3-9
Kailua - Waimanalo 1-4-1 to Selected 1-4-4
Kalihi - Palama 1-1-2 to 1-1-7
Kaneohe Selected 1-4-4 to 1-4-7
Kapahulu - Diamond Head 1-3-1 to 1-3-4
Makaha - Nanakuli 1-8-1 to 1-8-9
202225-10%$732,500$645,00014%96.1%96.8%-1%533551%4053739%214256-16%
1331330%$585,000$571,5002%98.4%97.5%1%1932-41%23518328%1501472%
131162-19%$675,000$660,0002%99.4%100.0%-1%242020%21719810%167184-9%
5468-21%$753,750$827,000-9%100.0%98.3%2%1325-48%7577-3%7377-5%
4154-24%$790,000$718,50010%99.5%99.2%0%171331%4855-13%4451-14%
514513%$390,000$385,0001%97.3%98.1%-1%4421110%5866-12%4558-22%
665618%$737,000$646,00014%98.9%99.2%0%22220%1017142%78763%
312524%$607,000$637,000-5%99.2%100.0%-1%912-25%653967%32320%
5865-11%$242,500$250,000-3%96.4%99.3%-3%412195%1259828%71684%
Makakilo 1-9-2 to 1-9-3 4655-16%$557,500$550,0001%99.7%100.0%0%252025%56536%53522%
Makiki - Moiliili 1-2-4 to 1-2-9 (except 1-2-6)
19917514%$405,000$415,000-2%97.1%97.9%-1%402560%33727523%206217-5%
Mililani Selected 1-9-4 to 1-9-5 112124-10%$517,300$497,0004%100.0%100.0%0%211724%16313917%1321302%
Moanalua - Salt Lake 1-1-1 67628%$437,000$432,5001%98.1%98.4%0%3912225%1038916%8184-4% North Shore 1-5-6 to 1-6-9 181520%$1,018,750$900,00013%99.1%95.2%4%1124-54%351894%2021-5%
Pearl City - Aiea 1-9-6 to 1-9-9
Wahiawa 1-7-1 to 1-7-7
1079315%$460,000$461,5000%99.2%100.0%-1%2713108%16011342%1141086%
10100%$347,500$332,5005%99.2%100.4%-1%12850%151315%1011-9%
Waialae - Kahala 1-3-5 15147%$585,000$618,750-5%97.3%97.9%-1%4913277%2225-12%20195%
Waikiki 1-2-6 4714495%$430,000$411,5004%97.0%97.2%0%352635%74966013%487503-3%
Waipahu 1-9-4 5861-5%$520,000$510,0002%99.9%100.0%0%151315%78737%5861-5%
Windward Coast 1-4-8
Local Market Update Aina Haina - Kuliouou Median Sales Price: Condos
Closed Sales: Condos
Local Market Update Ala Moana - Kakaako Median Sales Price: Single-Family Homes Median Sales Price: Condos
Local Market Update Median Sales Price: Single-Family Homes
Median Sales Price: Condos
Median Sales Price: Single-Family Homes
Local Market Update Closed Sales: Condos
Closed Sales: Single-Family Homes
Local Market Update Closed Sales: Condos
Median Sales Price: Single-Family Homes
Median Sales Price: Condos
Local Market Update Kailua - Waimanalo Median Sales Price: Single-Family Homes
Local Market Update Kalihi - Palama
Median Sales Price: Single-Family Homes
Local Market Update Median Sales Price:
Median Sales Price: Single-Family Homes
Local Market Update Kapahulu - Diamond Head Local Market Update Makaha - Nanakuli Median Sales Price: Single-Family Homes
Local Market Update Median Sales Price: Single-Family Homes
Local Market Update Makiki - Moiliili Median Sales Price: Single-Family Homes
Closed Sales: Single-Family Homes
Local Market Update Closed Sales: Condos
Median Sales Price: Condos
Median Sales Price: Single-Family Homes
Median Sales Price: Single-Family Homes
Local Market Update Closed Sales: Condos
Local Market Update Local Market Update Pearl City - Aiea Closed Sales: Single-Family Homes
Median Sales Price: Single-Family Homes
Closed Sales: Condos
Local Market Update Sales Price: Single-Family Homes
Median Sales Price:
Local Market Update Waialae - Kahala
Median Sales Price: Single-Family Homes
Local Market Update May 2024 Median Sales Price: Single-Family Homes
Median Sales Price: Single-Family Homes
Local Market Update Median Sales Price: Condos
Local Market Update Windward Coast Median Sales Price: Single-Family Homes
Local Market Update Oahu - Islandwide Closed Sales: Single-Family Homes
Median Sales Price: Single-Family Homes
Closed Sales: Condos
Median Sales Price: Condos
Single Family Homes Sold - May 2024 vs 2023
(Residential resales data, based on region and neighborhood groupings as listed in MLS)
Central Region Single Family Homes Sold - May 2024 vs 2023
(Residential resales data, based on region and neighborhood groupings as listed in MLS)
Single Family Homes Sold - May 2024 vs 2023
(Residential resales data, based on region and neighborhood groupings as listed in MLS)
Hawaii Kai Region Single Family Homes Sold - May 2024 vs 2023
(Residential resales data, based on region and neighborhood groupings as listed in MLS)
Kaneohe Region Single Family Homes Sold - May 2024 vs 2023
(Residential resales data, based on region and neighborhood groupings as listed in MLS)
Single Family Homes Sold - May 2024 vs 2023
(Residential resales data, based on region and neighborhood groupings as listed in MLS)
Single Family Homes Sold - May 2024 vs 2023
(Residential resales data, based on region and neighborhood groupings as listed in MLS)
North Shore Region Waipahu Region
Single Family Homes Sold - May 2024 vs 2023
(Residential resales data, based on region and neighborhood groupings as listed in MLS)
Condos Sold - May 2024 vs 2023 (Residential resales data, based on region and neighborhood groupings as listed in MLS)
Central Region Ewa Plain Region Condos Sold - May 2024 vs 2023
(Residential resales data, based on region and neighborhood groupings as listed in MLS)
Condos Sold - May 2024 vs 2023
(Residential resales data, based on region and neighborhood groupings as listed in MLS)
Metro Region Condos Sold - May 2024 vs 2023
(Residential resales data, based on region and neighborhood groupings as listed in MLS)
