Oahu Real Estate Market Report - June 2024

Page 1


O‘ahu Home Sales Maintain Stable Trend Through First Half of 2024

Single-family home sales rose 6.7% in the first half of 2024, while condo sales fell by 5.8%

June saw a modest increase in single-family home sales, up by 4% year-over-year, totaling 258 transactions. However, June condo sales experienced the largest year-over-year decline this year, dropping 24.5% from last year, with 355 units sold. In the first half of the year, single-family home sales grew 6.7% compared to the same period in 2023, while condo sales declined by 5.8%.

Median sale prices for single-family homes and condos increased modestly year-over-year, with single family homes reaching $1,120,000 and condos ending June at $530,000, up by 6.7% and 3.9%, respectively. Year-to-date, median sales prices saw moderate changes from a year ago. The single-family home year-to-date median price rose by 3.3% to $1,085,000, while condos experienced 2.0% uptick to $510,000 compared to the previous year.

“While O’ahu’s residential real estate market has remained relatively stable through the first half of the year, we saw a significant drop in condo sales last month, which the threat of rising insurance costs may have influenced,” said the president of the Honolulu Board of Realtors. “As our community seeks opportunities to increase inventory, affordability and housing opportunities for all, buyers and sellers can benefit from working with a trusted REALTOR who can guide them through the complexities of the real estate market.”

Single-family homes moved swiftly, marked by a median of 15 days on the market, compared to 17 days in June 2023. In contrast, condos took longer to sell, with a median days on market of 26 days, up from 18 days last year.

There were 334 new single-family home listings and 622 new listings in the condos market, marking 3.1% and 16.3% year-over-year increases, respectively. Year-to-date, both markets saw new listings rise by 10.5% for single-family homes and 16.8% for condos compared to last year.

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

June 2024

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

Mo-Yr

Single-Family HomesCondosTotal

Jun-214517301,181

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-23262438700JuneSFHYoY%chgCNDYoY%chgJuneYTDSFHYoY%chgYTDCNDYoY%chg

Jun-232484707182022357-20.8%626-14.2%20221,954-8.8%3,6967.5% Jul-232244226462023248-30.5%470-24.9%20231,277-34.6%2,372-35.8% Aug-23252422674

Sep-23232376608

Oct-23213399612

Nov-23180310490

Dec-23182272454

Jan-24184292476

Feb-24179334513

Mar-24230344574

Apr-24262431693

June 2024

OAHU, HAWAII

(Themediansalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

Jun-21$979,000$460,000

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$505,000JuneSFHYoY%chgCNDYoY%chgJuneYTDSFHYoY%chgYTDCNDYoY%chg

Jun-23$1,050,000$510,0002022$1,100,00012.4%$534,00016.1%2022$1,111,21117.0%$515,00013.2%

Jul-23$1,090,000$500,0002023$1,050,000-4.5%$510,000-4.5%2023$1,050,000-5.5%$500,000-2.9%

Aug-23$1,110,000$515,000

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

Median Sales Price
Single-Family Homes Condos

June

2024

OAHU, HAWAII

(Theaveragesalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

Jun-21$1,225,011$557,302

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 Monthly Average Sales Price

Average Sales Price

Year-to-Date

May-23$1,355,804$623,748JuneSFHYoY%chgCNDYoY%chgJuneYTDSFHYoY%chgYTDCNDYoY%chg

Jun-23$1,300,456$589,5972022$1,382,55912.9%$631,82213.4%2022$1,429,89119.9%$618,08215.2%

Jul-23$1,270,421$617,6832023$1,300,456-5.9%$589,597-6.7%2023$1,315,465-8.0%$614,681-0.6%

Aug-23$1,427,996$628,127 2024$1,282,503-1.4%$690,80317.2%

Sep-23$1,357,981$608,222

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

Single-Family Homes Condos

Median Days on Market

June 2024

OAHU, HAWAII

(DaysonMarketrepresentsthenumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted;theMedianDaysonMarketrepresentsthemedianofallsalesinagivenmonth)

Mo/Yr Single-Family HomesCondos

Jun-21811

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

Median Days on Market
Single-Family Homes Condos

Percent of Original List Price Received

June 2024

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodindicated)

Mo/Yr Single-Family HomesCondos

Jun-21104.2%100.0%

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%

Percent of Original List Price Received

May-2398.7%99.0%JuneSFHYoY%chgCNDYoY%chgJuneYTDSFHYoY%chgYTDCNDYoY%chg

Jun-2399.5%98.9%2022102.0%-2.1%100.0%0.0%2022101.9%0.6%100.0%0.0% Jul-23100.0%98.8%202399.5%-2.5%98.9%-1.1%202397.9%-3.9%98.6%-1.4%

Aug-2399.1%99.6%

Sep-2399.0%98.8%

Oct-2398.0%98.7% Nov-2397.1%98.0%

Single-Family Homes Condos

New Listings

June 2024

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

Mo-Yr

Single-Family HomesCondosTotal

Jun-214827841,266

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-23309582891JuneSFHYoY%chgCNDYoY%chgJuneYTDSFHYoY%chgYTDCNDYoY%chg Jun-233245358592022391-18.9%686-12.5%20222,359-5.5%4,2141.1% Jul-232755217962023324-17.1%535-22.0%20231,719-27.1%3,165-24.9% Aug-23330549879

Oct-23272566838

Nov-23267457724

Dec-23180349529

Jan-24285581866

Feb-24295533828

Mar-24291647938

Apr-243496561,005 May-243456581,003 Jun-24334

Pending Sales*

June 2024

OAHU, HAWAII

(Ameasureofcontractactivityrepresentedbyacountofpropertiesthathavehadoffersacceptedonthemduringagivenmonth)

Mo/Yr

Single-Family HomesCondosTotal

Jun-214226661,088

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-23258507765JuneSFHYoY%chgCNDYoY%chgJuneYTDSFHYoY%chgYTDCNDYoY%chg Jun-232314156462022305-27.7%501-24.8%20222,042-13.7%3,673-4.7% Jul-232474216682023231-24.3%415-17.2%20231,502-26.4%2,581-29.7%

Aug-23267425692

Nov-23174308482

Dec-23182290472

*Methodologyupdatedasof2021toreflectacountofpropertiesthatenteredcontractwithinthegivenmonthandremaininesc

PendingSales,inreportspriorto2021,reflectacountofalllistingsthatheldaPending(P)statusthroughoutthegivenmonth.

Active Inventory*

June 2024

OAHU, HAWAII

(ThenumberofpropertiesinActive(A)statusattheendofthegivenmonth)

Mo/Yr

Single-Family HomesCondosTotal

Jun-213771,0251,402

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 Active Inventory

Jan-235511,1961,747JuneSFHYoY%chgCNDYoY%chg

Feb-235471,1771,724202252739.8%998-2.6% Mar-235411,1521,693202360514.8%1,15916.1% Apr-235351,1441,679

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-24653 1,729 2,382

*Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Prev

Active Inventory

Homes + Condos

Homes Condos

June 2024

OAHU, HAWAII

(Thenumberofpropertiesundercontractattheendofthegivenmonth/combinedlistingsinCandPstatus)

Mo/Yr

Single-Family HomesCondosTotal

Jun-217541,0681,822

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-23376523899JuneSFHYoY%chgCNDYoY%chg

Feb-233865929782022509-32.5%728-31.8%

Mar-233936029952023370-27.3%612-15.9%

Apr-234356231,058

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-24433 607 1,040 *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*

June 2024

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Mo/Yr

Single-Family HomesCondos

Jun-211.02.0

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-232.02.4JuneSFHYoY%chgCNDYoY%chg

Feb-232.02.420221.550.0%1.6-20.0%

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-243.0 4.7

*Methodologyupdatedasof2021(alsoappliedtohistoricaldatashownonthischart). MonthsofInventory,inreportspriorto2021,reflectacomparisonofactivelistingstoaveragependingsales.

Months Supply of Active Inventory

Single-Family Homes Condos

$700,000 - $799,999 1821-14.3%23230.0%98.9%99.7%-0.8%1719-10.5%232015.0%44424.8%38358.6%2.32.19.5%

$800,000 - $899,999 3144-29.5%2123-8.7%98.8%99.1%-0.3%3052-42.3%2435-31.4%5869-15.9%5255-5.5%1.92.1-9.5%

$900,000 - $999,999 3234-5.9%1122-50.0%100.0%98.5%1.5%443622.2%333010.0%5461-11.5%49458.9%2.02.00.0%

$1,000,000 - $1,499,999 1067149.3%1417-17.6%100.0%99.5%0.5%12210615.1%857513.3%17315511.6%14411426.3%2.31.921.1%

$1,500,000 - 1,999,999 2537-32.4%11110.0%100.0%100.0%0.0%504219.0%382835.7%1088527.1%544617.4%4.03.129.0%

$2,000,000 - $2,999,999 1819-5.3%1719-10.5%99.0%93.0%6.5%21210.0%1217-29.4%725044.0%2228-21.4%4.83.154.8% $3,000,000 and above 9728.6%141040.0%100.0%96.1%4.1%342254.5%11922.2%1111019.9%241471.4%12.311.29.8% All Single-Family Homes2582484.0%1517-11.8%99.6%99.5%0.1%3343243.1%2532319.5%6536057.9%43337017.0%3.02.615.4%

$300,000 - $399,999 5479-31.6%3814171.4%97.4%98.6%-1.2%1068327.7%6272-13.9%266122118.0%101992.0%4.51.7164.7%

$400,000 - $499,999 6282-24.4%251478.6%98.1%100.0%-1.9%1078328.9%736512.3%29015192.1%1069412.8%4.72.1123.8%

$500,000 - $599,999 4470-37.1%2912141.7%99.8%100.0%-0.2%99918.8%5963-6.3%23113669.9%94878.0%4.32.295.5%

$600,000 - $699,999 3567-47.8%22220.0%99.2%98.4%0.8%5573-24.7%4163-34.9%13311614.7%6581-19.8%3.12.429.2%

$700,000 - $999,999 6869-1.4%1922-13.6%99.4%99.0%0.4%1038127.2%55525.8%25019329.5%8891-3.3%4.02.937.9%

$1,000,000 - $1,499,999 302615.4%403129.0%95.7%95.5%0.2%38365.6%231735.3%16211639.7%402560.0%8.15.839.7%

$1,500,000 - $1,999,999 880.0%3654-33.3%96.3%95.0%1.4%211190.9%10666.7%815839.7%16977.8%11.68.339.8%

Closed Sales by Price Range: Single-Family Homes

June 2024 OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$450,000-$599,999103233.3%696113.1%

$600,000-$699,9999812.5%1171106.4% $700,000-$799,9991821-14.3%226237-4.6%

$800,000-$899,9993144-29.5%376400-6.0%

$900,000-$999,9993234-5.9%326366-10.9%

$1,000,000-$1,499,9991067149.3%892975-8.5%

$1,500,000-1,999,9992537-32.4%323324-0.3%

$2,000,000-$2,999,9991819-5.3%179187-4.3%

$3,000,000andabove9728.6%1101063.8%

Sales by Price Range 12-mth Period: Single-Family

Closed Sales by Price Range: Condos June 2024

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$149,999andbelow121020.0%156165-5.5%

$150,000-$299,9993455-38.2%504612-17.6%

$300,000-$399,9995479-31.6%707841-15.9% $400,000-$499,9996282-24.4%744868-14.3%

$500,000-$599,9994470-37.1%650740-12.2%

$600,000-$699,9993567-47.8%519587-11.6%

$700,000-$999,9996869-1.4%746794-6.0%

$1,000,000-$1,499,999302615.4%2452450.0%

$1,500,000-$1,999,999880.0%7987-9.2%

$2,000,000andabove84100.0%8590-5.6% All Condos

Median Days on Market by Price Range: Single-Family Homes

June 2024

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

$449,999andbelow-32-2612116.7%

$450,000-$599,9992124-12.5%352825.0% $600,000-$699,999392095.0%342630.8%

Median Days on Market by Price Range

$900,000-$999,9991122-50.0%191711.8%

$1,000,000-$1,499,9991417-17.6%1517-11.8%

$1,500,000-1,999,99911110.0%191346.2% $2,000,000-$2,999,9991719-10.5%1216-25.0%

$3,000,000andabove141040.0%3242-23.8%

Median Days on Market by Price Range 12-mth Period: Single-Family Homes

Median Days on Market by Price Range: Condos June 2024

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

$150,000-$299,999281855.6%271942.1%

$700,000-$999,9991922-13.6%20200.0%

$1,000,000-$1,499,999403129.0%32313.2%

Median Percent of Original List Price Received by Price Range: Single-Family Homes

June 2024

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

Median Percent of Original List Price Received by Price Range 1-mth Period: Single-Family

$449,999andbelow-95.6%-93.3%100.0%-6.7%

$700,000-$799,99998.9%99.7%-0.8%98.2%98.2%0.0%

$800,000-$899,99998.8%99.1%-0.3%98.8%98.8%0.0%

$1,000,000-$1,499,999100.0%99.

Median Percent of Original List Price Received by Price Range 12-mth Period: Single-Family Homes

Median Percent of Original List Price Received by Price Range: Condos

June 2024

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

Median Percent of Original List Price Received by Price Range 1-mth Period: Condos Jun-24 Jun-23

$149,999andbelow95.0%89.

$400,000-$499,99998.1%100.0%-1

$500,000-$599,99999.8%100.0%-0

$700,000-$999,99999.4%99.0%0.4%98.9%98.9%0.0%

$1,000,000-$1,499,99995.7%95.5%0.2%96.3%96.2%0.1%

Median Percent of Original List Price Received by Price Range 12-mth Period: Condos

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

New Listings by Price Range: Single-Family Homes June

2024

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$450,000-$599,999210-80.0%837116.9%

New Listings by Price Range 12-mth Period: Single-Family Homes 12-mth Total This Period 12-mth Total Last Period

$1,000,000-$1,499,99912210615.1%1,1091,1000.8%

New Listings by Price Range: Condos

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$150,000-$299,999675326.4%695737-5.7%

$700,000-$999,9991038127.2%1,0951,0682.5% $1,000,000-$1,499,99938365.6%44939613.4%

Pending Sales by Price Range: Single-Family Homes

June 2024

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

$449,999andbelow31200.0%352825.0%

$450,000-$599,999103233.3%916540.0%

$900,000-$999,999333010.0%359380-5.5%

$1,000,000-$1,499,999857513.3%935966-3.2%

$1,500,000-1,999,999382835.7%35031212.2%

$2,000,000-$2,999,9991217-29.4%169190-11.1%

$3,000,000andabove11922.2%117121-3.3%

Pending Sales by Price Range 12-mth Period: Single-Family Homes

Pending Sales by Price Range: Condos

June 2024

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

$149,999andbelow918-50.0%146166-12.0%

$150,000-$299,99949490.0%515605-14.9%

$300,000-$399,9996272-13.9%754850-11.3%

$400,000-$499,999736512.3%794869-8.6%

$500,000-$599,9995963-6.3%7096952.0%

$600,000-$699,9994163-34.9%530606-12.5%

$700,000-$999,99955525.8%747754-0.9%

$1,000,000-$1,499,999231735.3%2402304.3%

$1,500,000-$1,999,99910666.7%8396-13.5%

$2,000,000andabove410-60.0%7795-18.9%

List Price Pending Sales by Price Range 12-mth Period: Condos

Inventory by Price Range

$449,999andbelow35-40.0%

$450,000-$599,999813-38.5%

$600,000-$699,9992224-8.3%

$700,000-$799,99944424.8%

$800,000-$899,9995869-15.9%

$900,000-$999,9995461-11.5%

$1,000,000-$1,499,99917315511.6%

$1,500,000-1,999,9991088527.1%

$2,000,000-$2,999,999725044.0%

$3,000,000andabove1111019.9%

and above

List Price

status.

$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

JUN-23

$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

$149,999andbelow4345-4.4%

$150,000-$299,99918013236.4%

$300,000-$399,999266122118.0%

$400,000-$499,99929015192.1%

$1,500,000-$1,999,999815839.7%

$2,000,000andabove93903.3%

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

JUN-23

$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

$599,999

$600,000 to $799,999

$800,000 to $999,999

$1,000,000 to $1,999,999

$2,000,000 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

$299,999 and below 199188176184183189185179185183182184177177170180196177152186185205210217223 $300,000

iousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus.

OAHU, HAWAII

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth) Single-Family HomesJun-24Jun-23YOY chg

$449,999andbelow102400.0%

$450,000-$599,999201266.7%

$600,000-$699,99920195.3%

$700,000-$799,99938358.6%

$800,000-$899,9995255-5.5%

$900,000-$999,99949458.9%

$1,000,000-$1,499,99914411426.3%

$1,500,000-1,999,999544617.4%

$2,000,000-$2,999,9992228-21.4%

$3,000,000andabove241471.4%

Inventory In Escrow by Price Range

and above

JUN-23

$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)

Jun-24Jun-23YOY chg

$149,999andbelow1627-40.7%

$150,000-$299,9997381-9.9%

$300,000-$399,999101992.0%

$400,000-$499,9991069412.8%

$500,000-$599,99994878.0%

$600,000-$699,9996581-19.8%

$700,000-$999,9998891-3.3%

$1,000,000-$1,499,999402560.0%

$1,500,000-$1,999,99916977.8%

$2,000,000andabove818-55.6%

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

$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) Single-Family HomesJun-24Jun-23YOY chg

$449,999andbelow1.51.7-11.8%

$450,000-$599,9991.32.6-50.0%

$600,000-$699,9992.22.7-18.5%

$1,000,000-$1,499,9992.31.921.1%

$1,500,000-1,999,9994.03.129.0%

$2,000,000-$2,999,9994.83.154.8% $3,000,000andabove12.311.29.8%

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

$150,000-$299,9994.32.665.4%

$300,000-$399,9994.51.7164.7%

$1,500,000-$1,999,99911.68.339.8%

$2,000,000andabove13.311.317.7%

$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 June

LOCAL MARKETS

Local Market Update

Aina Haina - Kuliouou

Ala Moana - Kakaako

Local Market Update

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

37370%$1,965,000$1,875,0005%96.2%98.6%-2%221822%48472%39368%

220%$1,000,000$1,010,000-1%94.7%103.7%-9%384850%46-33%330%

312148%$1,200,000$1,100,0009%97.3%94.8%3%18176%473921%402560%

2542406%$882,000$899,000-2%99.1%98.1%1%2636-28%3393380%2792800%

67628%$1,675,000$1,450,00016%98.9%100.0%-1%191258%887616%72711%

127130-2%$1,707,500$1,599,0007%100.0%98.2%2%1016-38%1761638%131145-10%

3749-24%$900,000$850,0006%97.2%96.4%1%2333-30%6571-8%5464-16%

1018026%$1,150,000$1,100,0005%98.8%97.9%1%1419-26%1309537%1068426%

676110%$1,415,000$1,350,0005%97.2%94.9%2%1627-41%1028717%7981-2%

1211210%$662,500$665,0000%97.4%97.0%0%3440-15%19717811%1541447%

4151-20%$950,000$980,000-3%96.6%97.9%-1%36360%7077-9%5873-21%

49482%$1,595,000$1,432,50011%97.5%96.0%2%14140%867515%5255-5%

68680%$1,071,250$1,022,0005%99.0%98.1%1%2029-31%84831%7383-12%

281587%$1,233,500$1,050,00017%98.9%99.5%-1%141040%322339%322339%

3136-14%$1,630,000$1,578,8753%100.0%95.3%5%2042-52%704846%413711%

1149520%$1,050,000$938,00012%100.0%98.9%1%1417-18%12210220%11910414%

462677%$835,000$840,000-1%98.4%95.8%3%1929-34%513259%462677%

36360%$2,439,500$2,471,000-1%99.9%97.3%3%4259-29%49467%4849-2%

Waikiki 1-2-6 00----------00-00-

Waipahu 1-9-4

Windward Coast 1-4-8 to 1-5-5

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

7677-1%$950,000$920,0003%99.3%98.9%0%232110%100955%95906%

292232%$995,000$1,154,500-14%97.1%100.0%-3%7420270%39383%30293%

Jun-24Jun-23ChangeJun-24Jun-23ChangeJun-24Jun-23ChangeJun-24Jun-23ChangeJun-24Jun-23ChangeJun-24Jun-23Change

110%$829,000$655,00027%103.8%87.3%19%13123-89%10-110%

249278-10%$730,000$647,50013%96.1%96.9%-1%573563%48242813%261296-12%

159166-4%$590,000$560,0005%98.3%97.6%1%2331-26%28622229%164178-8%

164195-16%$682,500$660,0003%99.7%100.0%0%221916%2692488%198218-9%

7180-11%$780,000$829,500-6%100.0%98.3%2%1224-50%94887%8089-10%

5262-16%$777,500$730,0007%99.2%99.3%0%161323%6266-6%5058-14%

58555%$391,000$400,000-2%97.6%98.1%-1%5021138%7273-1%5361-13%

78728%$757,000$648,00017%99.3%99.3%0%1622-27%1208443%91883%

382931%$613,500$637,000-4%98.4%99.0%-1%1521-29%744757%3642-14%

Makaha - Nanakuli 1-8-1 to 1-8-9 6879-14%$247,500$250,000-1%96.6%100.0%-3%392370%14511724%84805%

Makakilo 1-9-2 to 1-9-3 5363-16%$565,000$545,0004%100.0%100.0%0%222010%6364-2%6265-5%

Makiki - Moiliili 1-2-4 to 1-2-9 (except 1-2-6)

Mililani Selected 1-9-4 to 1-9-5

2302252%$405,000$415,000-2%97.2%98.7%-2%362080%41133622%258274-6%

130148-12%$515,550$509,0001%100.0%100.0%0%231644%20416821%1621545%

Moanalua - Salt Lake 1-1-1 7982-4%$430,000$440,000-2%97.9%98.6%-1%3611227%12610421%93930%

North Shore 1-5-6 to 1-6-9 242020%$1,018,750$862,50018%99.8%98.7%1%1120-45%402654%2324-4%

Pearl City - Aiea 1-9-6 to 1-9-9

1311227%$460,000$472,500-3%99.2%100.0%-1%2711145%19014432%1391335%

Wahiawa 1-7-1 to 1-7-7 111010%$345,000$332,5004%98.5%100.4%-2%12850%181429%1316-19%

Waialae - Kahala 1-3-5 1920-5%$635,000$631,2501%97.3%99.3%-2%4712292%3334-3%2425-4%

Waikiki 1-2-6 538579-7%$430,000$420,0002%96.9%97.3%0%332627%88279112%575591-3%

Waipahu 1-9-4

7074-5%$524,000$507,0003%100.0%100.0%0%181250%9196-5%7183-14%

Windward Coast 1-4-8 to 1-5-5 1112-8%$405,000$140,000189%96.7%100.0%-3%144250%3415127%171242%

Local Market Update

Aina Haina - Kuliouou

Closed Sales: Single-Family Homes

Local Market Update

Closed Sales: Condos

Median Sales Price: Single-Family Homes

Ala Moana - Kakaako

Local Market Update

Downtown-Nuuanu

Median Sales Price: Single-Family Homes

Sales: Single-Family Homes

Local Market Update

Median Sales Price: Single-Family Homes

Closed
Closed Sales: Condos

Local Market Update

Closed Sales: Condos

Local Market Update June 2024

Kailua - Waimanalo

Median Sales Price: Single-Family Homes

Closed Sales: Condos

Local Market Update

Closed Sales: Condos

Kalihi - Palama

Closed Sales: Single-Family Homes

Local Market Update

Closed Sales: Condos

Sales Price:

Local Market Update June 2024

Kapahulu - Diamond Head

Homes

Local Market Update

Makaha - Nanakuli

Closed Sales: Condos

Sales Price: Condos

Local Market Update

Local Market Update June 2024

Makiki - Moiliili

Closed Sales: Single-Family Homes

Closed Sales: Condos

Closed Sales: Single-Family Homes

Local Market Update June

Closed Sales: Condos

Median Sales Price: Single-Family Homes
Median Sales Price: Condos

Local Market Update

Moanalua - Salt Lake
Closed Sales: Condos

Local Market Update

North Shore

Local Market Update

Pearl City - Aiea

Closed Sales: Single-Family Homes

Closed Sales: Condos

Median Sales Price: Single-Family Homes

Local Market Update

Local Market Update

Waialae - Kahala

Closed Sales: Single-Family Homes

Local Market Update June 2024

Closed Sales: Condos

Closed Sales: Single-Family Homes

Local Market Update

Sales Price: Single-Family Homes

Closed Sales: Condos

Local Market Update

Windward Coast

Median Sales Price: Single-Family Homes

Local Market Update June 2024

Oahu - Islandwide

Closed Sales: Single-Family Homes

Median Sales Price: Single-Family Homes

Closed Sales: Condos

Single Family Homes Sold - June 2024 vs 2023

(Residential resales data, based on region and neighborhood groupings as listed in MLS)

Single Family Homes Sold - June 2024 vs 2023

(Residential resales data, based on region and neighborhood groupings as listed in MLS)

Single Family Homes Sold - June 2024 vs 2023

(Residential resales data, based on region and neighborhood groupings as listed in MLS)

Single Family Homes Sold - June 2024 vs 2023

(Residential resales data, based on region and neighborhood groupings as listed in MLS)

Kailua Region

Single Family Homes Sold - June 2024 vs 2023

(Residential resales data, based on region and neighborhood groupings as listed in MLS)

Single Family Homes Sold - June 2024 vs 2023

(Residential resales data, based on region and neighborhood groupings as listed in MLS)

Single Family Homes Sold - June 2024 vs 2023

(Residential resales data, based on region and neighborhood groupings as listed in MLS)

Pearl City Region

Single Family Homes Sold - June 2024 vs 2023

(Residential resales data, based on region and neighborhood groupings as listed in MLS)

Waipahu Region

Condos Sold - June 2024 vs 2023

(Residential resales data, based on region and neighborhood groupings as listed in MLS)

Central Region

Ewa Plain Region

Condos Sold - June 2024 vs 2023

(Residential resales data, based on region and neighborhood groupings as listed in MLS)

Kailua Region

Condos Sold - June 2024 vs 2023

(Residential resales data, based on region and neighborhood groupings as listed in MLS)

Metro Region

Condos Sold - June 2024 vs 2023

(Residential resales data, based on region and neighborhood groupings as listed in MLS)

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