Oahu Real Estate Report and Neighborhood Statistics - October 2019

OAHU REAL ESTATE MARKET REPORT

e st ’s B i i a Haw Voted

w! Ro a In rs a e 10 Y

OAHU REAL ESTATE

MARKET REPORT

OAHU SINGLE-FAMILY HOMES AND CONDO SALE STRENGTHEN IN OCTOBER Single-family homes and condominiums see year-over-year increases in closed sales volume

the year-to-date median remains relatively stable at $428,000, compared to According to resale figures released today by the Honolulu Board of 2018’s year-to-date median of $425,000.” REALTORS®, both sales of single-family homes and condominiums increased when compared to the same time During October, single-family home sales last year. Single-family homes in the OAHU REAL ESTATE MARKET STATISTICS increased by 12.3% with 347 closed sales $400,000 to $899,999 price range saw while the median price declined by 2.5% 25.0% more sales this October compared - OCTOBER 2019 to $780,000, compared to last October’s to last year, while condominiums in the median price of $800,000. $400,000 to $699,999 range saw a 39.0% increase in sales. Condominium and townhome sales increased by 6.5%, with 472 closed sales “We continue to see healthy activity SINGLE-FAMILY HOMES CONDOMINIUMS this October versus 443 sales last October. across O‘ahu’s real estate market, MEDIAN 2019 The condominium median sales price for especially when it comes to sales of $780,000 $441,000 SALES 2018 October was $441,000, up 13.1% over single-family homes in the affordable $800,000 $390,000 PRICE last October’s median price of $390,000. to mid-range price categories,” said the President of the Honolulu Board of CLOSED 2019 New listings for October were mixed, REALTORS®. “With conditions pointing 347 472 SALES with a 7.5% increase in new single-family towards a balanced market for both 2018 309 443 home listings, and a 7.0% decline in buyers and sellers, it’s an opportune time ACTIVE 2019 1,510 2,382 new condominium listings. The market’s to contact a REALTOR® to find out more LISTINGS 2018 1,431 2,085 active listings continue to be at positive about the market trends and understand levels over 2018. According to the Days your options whether you’re looking MEDIAN 2019 23 26 on Market indicator, the median days for to buy or sell your home. Favorable DAYS ON 2018 29 25 single-family homes was 23 and 26 for mortgage rates have given buyers slightly THE MARKET condominiums. more purchasing power and we saw more SOURCE: HONOLULU BOARD OF REALTORS® , COMPILED FROM MLS DATA. sales at higher price points in the condotownhouse market in October. However, {source: Honolulu Board of REALTORS®} BETTERHAWAII.COM | KAHALA MALL, UPPER LEVEL | 4211 WAIALAE AVENUE, BOX 9050 | HONOLULU, HI 96816 | (808) 738-3600 ©2015 Better Homes and Gardens Real Estate Advantage Realty. Better Homes and Gardens® is a registered trademark of Meredith Corporation licensed to Better Homes and Gardens Real Estate LLC. Equal Opportunity Company. Equal Housing Opportunity. An Independently Owned and Operated Franchise.

HONOLULU BOARD OF REALTORS®

MONTHLY HOUSING STATISTICS OCTOBER 2019

COMPAN COMPAN

Oahu Monthly Housing Statistics October 2019 SINGLE FAMILY HOMES Median Sales Price $780,000

-2.5%

Closed Sales 347

+12.3%

Average Sales Price $924,895

-8.7%

CONDOS

Median Sales Price $441,000

+13.1%

INDEX: Monthly Indicators

2

Closed Sales

3

Median Sales Price

4

Median Days on Market

5

New Listings

6

Pending Sales

7

Months of Inventory

8

Active Listings

9

Average Sales Price

10

% of Original Listing Price Received

11

Active Continue to Show

12

Housing Supply Overview

13

Pending Sales (by price range)

14-15

Median Days on Market (by price range)

16-17

% of list price received (by price range)

18-19

Inventory of Homes (by price range)

20-21

Months Supply of Inventory (price range)

22-23

Historical Graphs

24-25

Price Graphs

26-27

Closed Sales 472

+6.5%

Average Sales Price $516,273

+9.7%

SOURCE: Honolulu Board of REALTORS®, residential re-sales data compiled from HiCentral MLS, Ltd.® ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 1 of 27

Monthly Indicators October 2019

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

Oct-19

Oct-18

347 $780,000 23 461 506 3.4 1,510 $924,895 98.0%

309 $800,000 29 429 440 3.0 1,431 $1,013,132 97.0%

Single Family Homes % YTD-19 12.3% -2.5% -20.7% 7.5% 15.0% 13.3% 5.5% -8.7% 1.0%

YTD-18

%

3,121 $785,000 23 4,827 4,612 --$940,271 97.2%

3,062 $790,000 17 4,543 4,688 --$993,585 98.8%

1.9% -0.6% 35.3% 6.3% -1.6% ---5.4% -1.6%

Condos 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

Oct-19

Oct-18

%

YTD-19

YTD-18

%

472 $441,000 26 653 642 3.8 2,382 $516,273 98.2%

443 $390,000 25 702 589 3.0 2,085 $470,725 97.7%

6.5% 13.1% 4.0% -7.0% 9.0% 26.7% 14.2% 9.7% 0.5%

4,546 $428,000 26 7,272 6,315 --$517,256 97.9%

4,810 $425,000 19 6,900 6,883 --$512,527 98.9%

-5.5% 0.7% 36.8% 5.4% -8.3% --0.9% -1.0%

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 2 of 27

Closed Sales October 2019 OAHU, HAWAII (A count of all properties that have closed in a given month)

600

547

547 521

520

513

512

511

502

501

495 485

500

467

476

473

443

472

466

461 440 429

385

400 374

372

326

361

365

321

354

360

347

347 332

332

330 318

300

309

309

305 289

288

320

327

276 259

252

246 217

200

208

100

Single Family Homes Condos 0 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

CLOSED SALES:

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

Single Family Homes

332

361

252

217

305

289

332

365

330

354

309

309

288

259

246

208

276

318

320

327

372

360

347

347

Condos

501

461

374

385

485

547

495

547

502

521

511

443

429

440

326

321

467

476

520

473

513

512

466

472

TOTAL

833

822

626

602

790

836

827

912

832

875

820

752

717

699

572

529

743

794

840

800

885

872

813

819

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 3 of 27

Median Sales Price October 2019 OAHU, HAWAII (The median sales price for all closed properties in a given month)

900,000

$835,000 $810,000 800,000

$790,000 $773,500

$772,000

$782,388

$778,000

$772,500

$812,500 $800,000

$789,500

$797,000

$800,000

$790,000

$782,500

$767,500

$760,000

$750,000

$789,000

$788,000

$766,750

$780,000

$777,000

$770,000

700,000

600,000

500,000

$461,500

400,000 $405,000

$430,000

$420,000

$416,000

$409,000

$405,000

$445,000

$435,000

$430,000

$429,500

$427,000

$428,000

$429,000

$420,000

$415,000 $398,500

$390,000

$441,000

$432,500 $418,950

$419,500

$417,500

$399,000

300,000

200,000

100,000

Single Family Homes Condos Nov-17

MEDIAN SALES PRICE:

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

Single Family Homes

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

767,500

789,000

782,500

766,750

770,000

800,000

835,000

790,000

777,000

780,000

Condos

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

399,000

415,000

429,000

418,950

417,500

432,500

461,500

419,500

445,000

441,000

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 4 of 27

Median Days on Market October 2019 OAHU, HAWAII (The median number of days between when a property is first listed and when an offer is accepted)

35

30 30

29

29

29

28 27

27

27

27

27

26

26 27

25

25

25

25

25

24 25

23 22

23

21 20

20 20

22

20 19

22 21

19

19 18

18

18

18

18

18 16

17

17 16

15

17

16 15 14

14

13

10

5

Single Family Homes Condos 0 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

MEDIAN DAYS ON MARKET:

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

Single Family Homes

16

20

21

19

14

17

14

16

13

15

17

29

28

30

27

25

24

25

21

18

17

27

29

23

Condos

20

18

19

23

16

18

19

18

18

18

20

25

22

25

27

25

22

29

27

27

26

22

27

26

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 5 of 27

New Listings October 2019 OAHU, HAWAII (A count of the properties that have been newly listed on the market in a given month)

1000

900

867

778

800 748

730

755

742

727

710

702

687 700

712

753

726

678

667

663

653

644 593

638 592

600

577

500

532

523

519

506

504

400

520 484

468

469

456

399

550

519

459

461

451

429

426

415

403

388

377

383

342 300

253 234 200

100 Single Family Homes Condos 0 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

NEW LISTINGS:

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

Single Family Homes

342

234

426

377

415

506

523

504

519

456

388

429

403

253

519

383

468

532

550

459

520

484

451

461

Condos

593

399

730

667

687

748

678

710

742

644

592

702

577

469

867

663

712

727

726

755

778

753

638

653

TOTAL

935

633

1156

1044

1102

1254

1201

1214

1261

1100

980

1131

980

722

1386

1046

1180

1259

1276

1214

1298

1237

1089

1114

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 6 of 27

Pending Sales October 2019 OAHU, HAWAII (A count of the properties that have offers accepted on them in a given month)

900

800

775 751

761 745

727 710

711

708 700

708

705

677 662

659

642

640

637

621 601 589

600

574

565

542 498

536 508

505

502

493 469

533

521

500

510 495

454

471

462

506

497

494

455 440 424

400 404

405 389 376 352 335

300

200

100 Single Family Homes Condos 0 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

PENDING SALES:

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

Single Family Homes

508

493

404

389

469

471

502

536

505

510

462

440

405

376

352

335

424

455

495

497

521

533

494

506

Condos

727

621

565

601

708

775

751

761

711

745

677

589

574

542

454

498

659

640

710

662

705

708

637

642

TOTAL

1235

1114

969

990

1177

1246

1253

1297

1216

1255

1139

1029

979

918

806

833

1083

1095

1205

1159

1226

1241

1131

1148

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 7 of 27

Months of Inventory October 2019 OAHU, HAWAII (Compares the number of active listings available to the average monthly pending sales)

4.5

4.0 3.9

4.0

3.9

3.9 3.8

3.8 3.7 3.6

3.6 3.7

3.4

3.5

3.6

3.6

3.6

3.5

3.5

3.4

3.4

3.1 3.0

3.0 2.9

3.0

2.9

2.9

3.2 2.9

3.1

2.8

3.0

3.0

2.7 2.6 2.5

2.8

2.5

2.8

2.8

2.8

2.7

2.4

2.5 2.3

2.5 2.3

2.2 2.0

2.1

2.1 2.0 1.9

1.5

1.0

0.5 Single Family Homes Condos 0.0 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

MONTHS OF INVENTORY:

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

Single Family Homes

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

3.0

3.2

3.4

3.5

3.6

3.6

3.7

3.6

3.5

3.4

Condos

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

3.4

3.6

3.6

3.8

3.7

3.9

3.9

4.0

3.9

3.8

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 8 of 27

Active Listings October 2019 OAHU, HAWAII (The number of properties available for purchase during a given month)

3000

2500

2417

2404 2342

2444

2443

2423

2382

2350

2349

2237 2123

2090

2045

2071

1978 2000

2103

2085

2053

1905

1910

1839 1789 1692

1699

1500

1555

1361

1382

1403

1621 1568

1548

1510

1436

1361

1370

1278

1266

1191

1132

1119

1079

1000

1588

1495

1454

1431

1576

1003

1014

500

Single Family Homes Condos 0 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

ACTIVE LISTINGS:

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

Single Family Homes

1132

1079

1003

1014

1119

1191

1278

1361

1382

1403

1361

1431

1454

1266

1370

1436

1495

1555

1576

1588

1621

1568

1548

1510

Condos

1839

1692

1699

1789

1905

2045

1978

2123

2090

2071

2053

2085

2103

1910

2237

2342

2349

2404

2350

2417

2444

2443

2423

2382

TOTAL

2971

2771

2702

2803

3024

3236

3256

3484

3472

3474

3414

3516

3557

3176

3607

3778

3844

3959

3926

4005

4065

4011

3971

3892

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 9 of 27

Average Sales Price October 2019 OAHU, HAWAII (The average sales price for all closed sales in a given month)

1,200,000

$1,084,603 $1,053,040 $1,013,132 $993,561

$1,002,305

1,000,000 $941,410

$1,000,053

$998,268 $972,727

$1,001,370

$981,313

$974,835

$978,651

$967,119

$961,456

$954,149

$938,831

$952,257

$911,866

$924,895 $905,155

$901,482 $876,258

$861,097

800,000

600,000

$535,992 $521,405

$512,988 $464,707

$477,342

$490,461

$515,482

$508,805

$508,321

$503,688

$485,145

$515,150

$502,617

$497,457

$490,812

$499,059

$545,491 $528,541

$530,870 $516,273

$508,023 $486,234

$470,725 $450,252

400,000

200,000

Single Family Homes Condos Nov-17

AVERAGE SALES PRICE: Single Family Homes Condos

Dec-17

Nov-17

Jan-18

Dec-17

Feb-18

Mar-18

Apr-18

Mar-18

May-18

Apr-18

Jun-18

Jul-18

May-18

Aug-18

Sep-18

Aug-18

Oct-18

Nov-18

Dec-18

Jan-19

Dec-18

Feb-19

Jan-19

Mar-19

Feb-19

Apr-19

Mar-19

May-19

Apr-19

Jun-19

May-19

Jul-19

Aug-19

Aug-19

Sep-19

Oct-19

Jan-18

Feb-18

Jun-18

Jul-18

Sep-18

Oct-18

Nov-18

Jun-19

Jul-19

Sep-19

Oct-19

941,410

861,097

938,831

993,561

1,002,305

972,727

1,084,603

911,866

974,835

998,268

1,053,040

1,013,132

1,000,053

981,313

967,119

1,001,370

905,155

876,258

901,482

954,149

978,651

961,456

952,257

924,895

464,707

477,342

490,461

512,988

485,145

521,405

515,482

508,805

508,321

503,688

497,457

470,725

502,617

450,252

490,812

499,059

515,150

508,023

535,992

528,541

530,870

486,234

545,491

516,273

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 10 of 27

Percent of Original List Price Received October 2019 OAHU, HAWAII (The percentage found when dividing a property's sales price by the original list price)

101.0

100.0

99.8

99.7

99.6 99.4

99.0 99.0

99.1

99.0

98.9 98.8

98.8

98.6

98.7

98.8 98.3

98.3

98.3

98.2

98.2 98.4

98.0

97.9

98.1

98.1

98.1 97.9 98.0

97.7

97.6 97.7

98.0 97.9

97.7 97.3

97.4

97.4

97.4

97.4

97.4

97.4

97.0

96.9

97.0 97.0

97.2

96.9 96.6

96.3

96.1

96.0

96.1 96.0

95.0

Single Family Homes Condos 94.0 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

% OF ORIGINAL LIST PRICE RECEIVED:

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

Single Family Homes

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

96.1

96.6

97.4

98.3

96.9

98.2

96.1

98.0

98.1

98.0

Condos

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

97.3

97.0

97.7

97.4

96.0

97.2

96.3

98.1

97.9

98.2

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 11 of 27

Active Continue to Show October 2019 OAHU, HAWAII (A count of the properties that are in "ES" status during the current month)

700

588

600

591

580

581

574

558 539

534

543

546

539 526

531

530

521

508

499 500

475

470

464

460

497

458

484 474

452 427

394

468

450

447 434

400

482

430

424

419

408 382

355

377

373

372

364 353

342

339 300

313

312

200

100

Single Family Homes Condos 0 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

ACTIVE CONTINUE TO SHOW:

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

Single Family Homes

408

312

339

364

382

427

452

419

447

434

377

353

372

313

342

373

430

450

497

474

484

482

468

424

Condos

470

394

460

534

558

539

543

526

539

521

475

499

464

355

458

530

546

588

591

580

581

574

531

508

TOTAL

878

706

799

898

940

966

995

945

986

955

852

852

836

668

800

903

976

1038

1088

1054

1065

1056

999

932

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 12 of 27

Housing Supply Overview October 2019 OAHU, HAWAII

Pending Sales

Single Family Homes $350,000 and Below

Oct-19 Oct-18 61

64

Days on Market

Percentage of Original Price Received

Inventory of Homes for Sale

Months Supply of Inventory

%

Oct-19

Oct-18

%

Oct-19

Oct-18

%

Oct-19

Oct-18

%

Oct-19

Oct-18

%

-4.7%

59

27

119.6%

93.0%

97.0%

-4.2%

14

22

-36.4%

2.8

3.4

-18.0%

$350,001 - $475,000

116

179

-35.2%

20

26

-23.2%

97.2%

98.3%

-1.1%

33

35

-5.7%

2.9

2.1

39.4%

$475,001 - $550,000

210

236

-11.0%

29

24

21.5%

97.0%

97.9%

-0.9%

46

48

-4.2%

2.6

2.2

17.9%

$550,001 - $650,000

547

534

2.4%

30

15

96.7%

97.9%

99.6%

-1.7%

131

131

0.0%

3.1

2.5

24.2%

$650,001 - $800,000

1129

1086

4.0%

25

17

45.3%

97.7%

98.4%

-0.8%

299

299

0.0%

3.3

3.2

4.5%

$800,001 - $1.1M

1033

1028

0.5%

22

18

19.7%

97.1%

99.1%

-2.0%

363

350

3.7%

4.3

4.2

2.5%

$1.1M - $1.9M

573

611

-6.2%

31

26

19.9%

94.7%

96.4%

-1.8%

352

306

15.0%

7.2

6.2

15.8%

$1.9M and Above

174

187

-7.0%

38

41

-6.7%

92.9%

92.9%

0.0%

272

240

13.3%

17.7

15.1

16.9%

All Single Family Homes

3843

3925

-2.1%

24

18

35.6%

97.5%

98.4%

-0.9%

1510

1431

5.5%

4.8

4.2

14.4%

Pending Sales

Condos

Oct-19 Oct-18

Days on Market

Percentage of Original Price Received

Inventory of Homes for Sale

Months Supply of Inventory

%

Oct-19

Oct-18

%

Oct-19

Oct-18

%

Oct-19

Oct-18

%

Oct-19

Oct-18

%

$150,000 and below

228

283

-19.4%

39

41

-4.7%

92.6%

89.7%

3.3%

115

96

19.8%

5.4

3.7

46.6%

$150,001 - $200,000

258

267

-3.4%

33

30

10.3%

96.4%

96.8%

-0.4%

100

90

11.1%

4.5

3.7

22.5%

$200,001 - $250,000

377

406

-7.1%

25

25

0.3%

96.7%

96.1%

0.7%

139

145

-4.1%

4.4

4.1

7.4%

$250,001 - $300,000

395

435

-9.2%

28

21

32.9%

97.5%

97.6%

-0.1%

166

144

15.3%

4.6

3.7

25.4%

$300,001 - $375,000

940

1013

-7.2%

20

15

34.2%

98.2%

98.7%

-0.5%

282

224

25.9%

3.6

2.5

42.1%

$375,001 - $475,000

1129

1204

-6.2%

23

16

43.2%

97.7%

98.5%

-0.8%

405

370

9.5%

4.2

3.6

16.0%

$475,001 - $700,000

1520

1575

-3.5%

26

18

43.5%

97.7%

98.7%

-1.0%

580

507

14.4%

4.6

3.8

21.4%

$700,001 and above

784

801

-2.1%

38

34

12.4%

96.5%

96.5%

0.0%

595

509

16.9%

8.9

8.1

10.5%

All Condos

5631

5984

-5.9%

25

19

33.8%

97.5%

98.3%

-0.8%

2382

2085

14.2%

5.0

4.1

21.2%

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 13 of 27

Pending Sales October 2019 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.)

1400

1200

1000

$350,000 and Below $350,001 - $475,000

800

$475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M 600

$1.1M - $1.9M $1.9M and Above

400

200

0 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

$350,000 and Below

92

89

93

93

79

75

70

68

70

67

64

64

62

66

61

60

59

63

63

58

55

57

58

Oct-19 61

$350,001 - $475,000

201

195

197

201

198

204

202

199

199

190

188

179

167

162

157

148

142

130

125

120

119

121

116

116

$475,001 - $550,000

284

273

273

271

266

267

248

248

242

249

241

236

230

220

213

217

210

215

213

212

212

203

199

210

$550,001 - $650,000

687

684

675

664

658

642

611

605

588

574

559

534

526

495

491

501

496

486

509

495

493

504

533

547

$650,001 - $800,000

1114

1116

1127

1142

1126

1141

1148

1155

1152

1150

1108

1086

1070

1035

1038

1037

1015

1076

1089

1081

1076

1110

1117

1129

$800,001 - $1.1M

955

960

969

979

996

1024

1017

1011

1028

1022

1026

1028

1014

985

986

991

1026

1010

1015

1007

1027

1033

1017

1033

$1.1M - $1.9M

570

568

572

576

600

604

607

609

602

609

610

611

596

591

596

601

601

592

588

579

594

574

576

573

$1.9M and Above

190

189

184

194

185

192

193

192

198

198

190

187

195

198

197

191

186

182

178

182

179

179

177

174

All Single Family Homes

4093

4074

4090

4120

4108

4149

4096

4087

4079

4059

3986

3925

3860

3752

3739

3746

3735

3754

3780

3734

3755

3781

3793

3843

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 14 of 27

Pending Sales October 2019 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 1000

$200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000

800

$475,001 - $700,000 $700,001 and above 600

400

200

0 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

$150,000 and below

365

309

303

289

332

309

304

301

304

305

295

283

263

264

265

270

265

257

257

255

251

243

234

228

$150,001 - $200,000

350

306

298

274

314

300

300

290

288

277

270

267

256

264

280

270

262

271

272

263

262

261

258

258

$200,001 - $250,000

479

441

437

388

438

429

420

419

426

417

405

406

386

368

378

388

389

378

380

373

373

378

379

377

$250,001 - $300,000

549

487

501

465

486

474

460

459

453

447

432

435

439

448

438

434

439

442

439

429

415

417

415

395

$300,001 - $375,000

1184

1095

1091

991

1081

1077

1065

1046

1006

1010

1028

1013

913

975

965

963

976

943

949

937

961

960

947

940

$375,001 - $475,000

1318

1228

1244

1118

1219

1218

1231

1226

1241

1233

1225

1204

1273

1186

1170

1179

1181

1160

1170

1144

1130

1128

1120

1129

$475,001 - $700,000

1632

1503

1517

1438

1613

1631

1632

1645

1633

1620

1603

1575

1560

1539

1528

1524

1496

1477

1494

1479

1516

1502

1471

1520

$700,001 and above

722

688

693

671

727

763

766

760

793

817

794

801

826

786

831

806

810

783

795

800

786

788

781

784

All Condos

6599

6057

6084

5634

6210

6201

6178

6146

6144

6126

6052

5984

5916

5830

5855

5834

5818

5711

5756

5680

5694

5677

5605

5631

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 15 of 27

Days on Market Until Sale October 2019 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.) 70

60

50

$350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000

40

$650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above 30

20

10 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

$350,000 and Below

35

32

36

39

36

37

35

34

29

26

24

27

39

43

41

37

42

41

47

46

53

54

61

59

$350,001 - $475,000

24

24

28

28

27

27

29

26

26

25

28

26

26

26

23

23

23

23

22

22

23

22

20

20

$475,001 - $550,000

14

14

14

14

15

15

16

16

17

18

20

24

25

25

26

28

29

29

31

32

30

30

33

29

$550,001 - $650,000

12

12

12

12

12

12

13

14

14

15

15

15

16

19

21

23

25

26

26

27

27

29

29

30

$650,001 - $800,000

16

16

16

16

16

16

16

16

15

15

16

17

18

18

19

20

22

22

23

23

24

24

26

25

$800,001 - $1.1M

16

17

17

15

15

16

15

16

16

16

17

18

19

19

20

20

20

20

20

20

21

22

23

22

$1.1M - $1.9M

29

28

31

31

31

30

29

30

30

27

27

26

27

29

27

25

27

28

28

28

28

30

31

31

$1.9M and Above

62

63

60

57

63

64

59

53

46

48

49

41

38

39

37

35

28

30

36

38

38

39

39

38

All Single Family Homes

17

17

17

17

17

17

17

17

16

16

16

18

19

19

20

20

21

22

22

23

23

24

25

24

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 16 of 27

Days on Market Until Sale October 2019 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.) 50

45

40

35 $150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000

30

$300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 25

$700,001 and above

20

15

10 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

$150,000 and below

43

46

42

41

43

42

43

43

42

43

45

41

38

37

38

39

38

39

39

40

41

42

39

39

$150,001 - $200,000

24

24

23

26

28

29

30

30

31

30

30

30

30

31

31

30

29

28

29

29

27

28

33

33

$200,001 - $250,000

21

22

20

22

21

21

21

23

23

23

24

25

24

23

23

22

23

24

25

27

26

26

27

25

$250,001 - $300,000

20

22

21

20

21

20

21

19

18

18

20

21

21

21

22

23

23

24

26

27

28

29

28

28

$300,001 - $375,000

13

13

13

13

13

14

14

15

15

15

15

15

15

16

17

17

17

18

18

18

19

19

20

20

$375,001 - $475,000

13

13

13

13

14

14

14

14

15

15

16

16

16

18

19

19

19

20

21

21

22

22

22

23

$475,001 - $700,000

16

16

16

16

15

15

16

16

17

17

17

18

18

19

20

22

23

24

24

25

26

26

27

26

$700,001 and above

47

45

44

41

40

40

40

40

40

37

35

34

33

34

33

31

31

32

34

36

37

37

39

38

All Condos

18

18

17

17

18

18

18

19

19

19

19

19

20

20

21

21

21

22

23

24

24

25

25

25

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 17 of 27

Percentage of Original List Price Received October 2019 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 $1.1M - $1.9M

94.0%

$1.9M and Above

92.0%

90.0% 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

$350,000 and Below

95.7%

96.2%

96.1%

96.1%

96.5%

95.6%

95.4%

96.6%

95.6%

95.5%

96.8%

97.0%

95.1%

94.9%

95.3%

96.1%

94.5%

95.4%

95.3%

94.2%

94.3%

94.2%

93.0%

93.0%

$350,001 - $475,000

98.6%

99.0%

98.4%

98.4%

98.5%

98.2%

98.0%

98.4%

98.5%

98.7%

98.2%

98.3%

98.5%

97.2%

97.8%

98.2%

98.0%

97.9%

98.2%

98.2%

97.7%

97.2%

97.3%

97.2%

$475,001 - $550,000

99.1%

99.1%

99.2%

99.1%

99.1%

98.6%

98.4%

98.1%

98.2%

98.1%

98.0%

97.9%

97.7%

97.5%

97.3%

97.3%

97.0%

97.1%

97.2%

97.2%

97.2%

97.3%

97.3%

97.0%

$550,001 - $650,000

99.6%

99.5%

99.6%

99.5%

99.6%

99.6%

99.8%

99.8%

99.7%

99.5%

99.8%

99.6%

99.5%

99.2%

99.0%

99.0%

98.6%

98.3%

98.2%

98.0%

97.9%

98.2%

98.0%

97.9%

$650,001 - $800,000

98.7%

98.7%

98.7%

98.7%

98.8%

98.8%

98.5%

98.5%

98.3%

98.3%

98.4%

98.4%

98.2%

98.1%

98.0%

97.8%

97.6%

97.7%

97.8%

97.7%

97.7%

97.7%

97.6%

97.7%

$800,001 - $1.1M

98.7%

98.7%

98.9%

99.1%

99.2%

99.2%

99.3%

99.3%

99.3%

99.2%

99.1%

99.1%

99.0%

98.7%

98.4%

98.3%

98.0%

97.9%

97.7%

97.4%

97.2%

97.1%

97.1%

97.1%

$1.1M - $1.9M

96.4%

96.5%

96.3%

95.7%

95.9%

95.9%

95.9%

96.4%

96.5%

96.7%

96.2%

96.4%

96.0%

95.4%

95.3%

95.6%

95.4%

95.3%

94.7%

94.3%

94.1%

94.0%

94.3%

94.7%

$1.9M and Above

91.9%

92.4%

92.4%

92.7%

93.2%

93.3%

92.1%

92.3%

92.8%

92.6%

93.0%

92.9%

93.1%

92.3%

92.5%

92.8%

92.5%

92.1%

93.2%

92.6%

92.4%

92.1%

92.2%

92.9%

All Single Family Homes

98.3%

98.2%

98.2%

98.3%

98.3%

98.4%

98.3%

98.2%

98.4%

98.4%

98.4%

98.4%

98.3%

98.4%

98.2%

97.9%

97.9%

97.9%

97.9%

97.8%

97.6%

97.5%

97.4%

97.5%

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 18 of 27

Percentage of Original List Price Received October 2019 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 $250,001 - $300,000

94.0%

$300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above 92.0%

90.0%

88.0% 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

$150,000 and below

92.6%

93.3%

93.9%

93.1%

93.5%

92.8%

92.7%

91.9%

91.8%

91.4%

89.9%

89.7%

89.9%

89.6%

89.0%

89.7%

88.9%

90.3%

90.3%

90.9%

90.7%

90.5%

92.0%

92.6%

$150,001 - $200,000

95.8%

96.0%

96.1%

96.4%

96.5%

96.5%

96.4%

96.9%

96.9%

96.7%

96.8%

96.8%

96.9%

96.9%

96.4%

96.4%

96.2%

96.4%

96.4%

96.0%

96.1%

96.2%

96.1%

96.4%

$200,001 - $250,000

96.8%

96.8%

96.8%

96.5%

96.6%

96.5%

96.2%

96.1%

95.9%

95.9%

96.0%

96.1%

96.4%

96.5%

96.4%

96.8%

96.6%

96.9%

96.7%

96.6%

97.0%

97.1%

96.8%

96.7%

$250,001 - $300,000

97.7%

97.7%

97.7%

97.6%

97.7%

97.8%

97.9%

98.0%

97.8%

97.8%

97.7%

97.6%

97.2%

97.4%

97.5%

97.5%

97.4%

97.2%

96.9%

96.9%

97.1%

97.1%

97.3%

97.5%

$300,001 - $375,000

98.9%

98.8%

98.6%

98.7%

98.9%

98.9%

98.8%

98.7%

98.7%

98.8%

98.7%

98.7%

98.6%

98.5%

98.5%

98.4%

98.3%

98.4%

98.3%

98.3%

98.3%

98.2%

98.2%

98.2%

$375,001 - $475,000

98.4%

98.5%

98.5%

98.5%

98.4%

98.5%

98.5%

98.4%

98.5%

98.6%

98.5%

98.5%

98.6%

98.5%

98.4%

98.4%

98.3%

98.2%

98.1%

97.9%

97.7%

97.7%

97.7%

97.7%

$475,001 - $700,000

98.9%

98.8%

98.7%

98.6%

98.8%

99.0%

99.0%

98.8%

98.8%

98.8%

98.8%

98.7%

98.7%

98.5%

98.4%

98.2%

98.0%

97.9%

98.0%

97.9%

97.7%

97.8%

97.8%

97.7%

$700,001 and above

96.1%

96.5%

96.6%

96.7%

96.8%

96.4%

96.5%

96.5%

96.8%

96.6%

96.5%

96.5%

96.4%

96.6%

96.6%

96.8%

96.7%

97.0%

96.9%

96.9%

96.4%

96.5%

96.5%

96.5%

All Condos

98.7%

98.6%

98.6%

98.5%

98.6%

98.6%

98.5%

98.3%

98.2%

98.3%

98.2%

98.3%

98.2%

98.3%

98.3%

98.2%

98.1%

98.0%

97.9%

97.8%

97.6%

97.6%

97.5%

97.5%

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 19 of 27

Inventory of Homes for Sale October 2019 Single Family Homes: Monthly, by Price Range (The number of properties available for sale in active status at the end of a given month) 500

450

400

350

$350,000 and Below

300

$350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000

250

$650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M

200

$1.9M and Above

150

100

50

0 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

$350,000 and Below

13

10

14

7

14

13

13

18

23

22

17

22

26

19

25

28

26

20

19

22

17

18

20

14

$350,001 - $475,000

56

52

45

46

39

46

44

38

36

34

37

35

37

26

25

23

29

31

28

28

22

29

28

33

$475,001 - $550,000

49

49

43

44

55

48

55

52

48

54

46

48

63

60

64

59

58

56

53

52

44

45

51

46

$550,001 - $650,000

98

119

91

92

111

118

120

136

132

111

118

131

145

113

125

123

127

147

141

137

152

162

148

131

$650,001 - $800,000

211

209

180

172

199

212

242

266

278

273

265

299

297

236

276

327

322

334

319

330

355

321

301

299

$800,001 - $1.1M

233

215

210

214

229

267

292

326

324

352

338

350

333

299

321

345

392

409

431

418

418

375

380

363

$1.1M - $1.9M

250

214

201

216

247

244

275

295

308

330

313

306

317

286

305

304

315

311

328

343

335

348

342

352

$1.9M and Above

222

211

219

223

225

243

237

230

233

227

227

240

236

227

229

227

226

247

257

258

278

270

278

272

All Single Family Homes

1132

1079

1003

1014

1119

1191

1278

1361

1382

1403

1361

1431

1454

1266

1370

1436

1495

1555

1576

1588

1621

1568

1548

1510

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 20 of 27

Inventory of Homes for Sale October 2019 Condos: Monthly, by Price Range (The number of properties available for sale in active status at the end of a given month) 770

670

570

$150,000 and below 470

$150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000

370

$475,001 - $700,000 $700,001 and above

270

170

70 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

$150,000 and below

143

116

125

129

156

154

145

140

137

142

116

96

109

90

98

95

94

98

94

108

110

112

113

115

$150,001 - $200,000

84

76

75

90

94

93

91

105

103

103

82

90

94

78

92

102

109

99

106

92

96

96

103

100

$200,001 - $250,000

137

120

100

101

116

131

129

153

135

151

135

145

170

154

150

123

133

138

133

134

142

133

134

139

$250,001 - $300,000

107

100

111

121

132

134

146

141

146

140

139

144

137

129

161

162

155

161

146

150

159

168

156

166

$300,001 - $375,000

240

213

208

223

216

248

230

257

237

212

250

224

234

196

231

262

242

253

259

265

278

301

282

282

$375,001 - $475,000

277

247

273

269

287

297

271

334

341

336

324

370

348

313

361

366

369

400

382

432

441

419

422

405

$475,001 - $700,000

400

357

364

371

401

437

449

478

466

466

494

507

467

420

504

554

577

595

600

609

604

601

607

580

$700,001 and above

451

463

443

485

503

551

517

515

525

521

513

509

544

530

640

678

670

660

630

627

614

613

606

595

All Condos

1839

1692

1699

1789

1905

2045

1978

2123

2090

2071

2053

2085

2103

1910

2237

2342

2349

2404

2350

2417

2444

2443

2423

2382

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 21 of 27

Months Supply of Inventory October 2019 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) 20.0

18.0

16.0

14.0

$350,000 and Below

12.0

$350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000

10.0

$650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M

8.0

$1.9M and Above

6.0

4.0

2.0

0.0 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

$350,000 and Below

1.4

1.1

1.5

0.8

1.6

1.5

1.6

2.3

3.2

3.2

2.6

3.4

4.2

3.1

4.3

5.0

4.8

3.7

3.6

4.2

3.3

3.5

4.0

2.8

$350,001 - $475,000

3.1

2.9

2.6

2.6

2.3

2.7

2.6

2.2

2.2

2.0

2.2

2.1

2.3

1.6

1.6

1.5

2.0

2.2

2.0

2.1

1.7

2.4

2.4

2.9

$475,001 - $550,000

2.0

2.0

1.8

1.8

2.3

2.0

2.4

2.3

2.1

2.4

2.1

2.2

3.0

2.9

3.1

3.0

3.0

2.9

2.8

2.8

2.4

2.5

2.8

2.6

$550,001 - $650,000

1.7

2.1

1.6

1.6

1.9

2.1

2.1

2.5

2.4

2.1

2.2

2.5

2.9

2.3

2.6

2.6

2.8

3.3

3.2

3.2

3.6

3.8

3.5

3.1

$650,001 - $800,000

2.4

2.3

2.0

1.9

2.2

2.3

2.6

2.8

3.0

2.9

2.8

3.2

3.2

2.5

3.0

3.6

3.5

3.7

3.5

3.7

4.0

3.6

3.4

3.3

$800,001 - $1.1M

3.1

2.8

2.7

2.8

2.9

3.4

3.6

4.0

4.0

4.3

4.1

4.2

4.0

3.6

3.8

4.1

4.6

4.8

5.1

5.0

5.0

4.4

4.5

4.3

$1.1M - $1.9M

5.6

4.7

4.4

4.7

5.3

5.1

5.7

6.1

6.4

6.8

6.4

6.2

6.4

5.7

6.1

6.0

6.3

6.2

6.6

6.9

6.7

7.0

6.9

7.2

$1.9M and Above

14.8

13.9

14.3

14.5

14.6

15.6

15.2

14.6

14.7

14.2

14.2

15.1

14.8

14.2

14.2

14.1

14.0

15.4

16.1

16.3

17.7

17.3

17.9

17.7

All Single Family Homes

3.4

3.2

3.0

3.0

3.3

3.5

3.7

4.0

4.1

4.1

4.0

4.2

4.3

3.8

4.1

4.3

4.6

4.8

4.9

5.0

5.1

5.0

4.9

4.8

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 22 of 27

Months Supply of Inventory October 2019 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 $250,001 - $300,000

6.0

$300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above 4.0

2.0

0.0 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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

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-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

Sep-19

Oct-19

$150,000 and below

4.7

3.9

4.3

4.5

5.5

5.5

5.3

5.2

5.1

5.4

4.4

3.7

4.4

3.6

4.0

3.9

3.9

4.2

4.1

4.7

4.9

5.1

5.2

5.4

$150,001 - $200,000

2.9

2.7

2.7

3.2

3.4

3.4

3.4

4.0

4.0

4.0

3.3

3.7

3.9

3.3

3.9

4.4

4.7

4.3

4.7

4.1

4.3

4.3

4.7

4.5

$200,001 - $250,000

3.8

3.4

2.8

2.8

3.2

3.7

3.6

4.3

3.8

4.2

3.8

4.1

4.9

4.5

4.4

3.6

4.0

4.2

4.0

4.1

4.4

4.2

4.2

4.4

$250,001 - $300,000

2.4

2.3

2.5

2.8

3.1

3.2

3.5

3.4

3.6

3.5

3.5

3.7

3.6

3.4

4.3

4.3

4.2

4.4

4.0

4.1

4.4

4.6

4.3

4.6

$300,001 - $375,000

2.6

2.3

2.3

2.4

2.4

2.7

2.5

2.8

2.6

2.4

2.8

2.5

2.7

2.3

2.7

3.1

2.9

3.1

3.2

3.3

3.4

3.7

3.5

3.6

$375,001 - $475,000

2.8

2.5

2.7

2.7

2.8

2.9

2.7

3.3

3.3

3.3

3.2

3.6

3.4

3.1

3.6

3.6

3.6

4.0

3.8

4.3

4.5

4.3

4.3

4.2

$475,001 - $700,000

3.4

3.0

3.0

3.1

3.3

3.5

3.5

3.7

3.6

3.6

3.8

3.8

3.5

3.2

3.8

4.2

4.4

4.5

4.6

4.7

4.7

4.7

4.8

4.6

$700,001 and above

8.6

8.7

8.2

8.9

9.1

9.8

9.0

8.8

8.8

8.6

8.3

8.1

8.6

8.3

9.9

10.3

10.1

9.9

9.4

9.4

9.2

9.2

9.1

8.9

All Condos

3.7

3.4

3.4

3.6

3.8

4.0

3.9

4.2

4.1

4.1

4.0

4.1

4.2

3.8

4.5

4.7

4.7

4.8

4.8

4.9

5.0

5.0

5.0

5.0

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 23 of 27

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

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 24 of 27

Median Sales Price Single Family Homes and Condos OAHU, HAWAII: Jan 1987 to the Present

$900,000 Median Sales Price SFH

Median Sales Price CONDO

$800,000

$700,000

$600,000

$500,000

$400,000

$300,000

$200,000

$100,000

$0 1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 25 of 27

October 2019 Single Family Homes Sold 80

74

70

61 60

50 50

40

32 30

20 20 16 15

16

15

10 7 6

6

5 4

6 5

4 3 2

0 0

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 26 of 27

October 2019 Condos Sold 120 113

100

86

87

80

60 56

41 40

19

20

9

19

18

9

10 5

0

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 27 of 27

HONOLULU BOARD OF REALTORS®

LOCAL MARKET UPDATE OCTOBER 2019

COMPAN COMPAN

Oahu Local Market Update October 2019 INDEX: Single Family Homes: Local Market Update Condos: Local Market Update

LOCAL MARKETS

TMK AREAS

Moanalua - Salt Lake Kalihi - Palama Downtown - Nuuanu Ala Moana - Kakaako Makiki - Moiliili Waikiki Kapahulu - Diamond Head Waialae - Kahala Aina Haina - Kuliouou Hawaii Kai Kailua - Waimanalo Kaneohe Windward Coast North Shore Wahiawa Makaha - Nanakuli Ewa Plain Makakilo Waipahu Mililani Pearl City - Aiea

1-1-1 1-1-2 to 1-1-7 1-1-8 to 1-2-2 1-2-3 1-2-4 to 1-2-9 (except 1-2-6) 1-2-6 1-3-1 to 1-3-4 1-3-5 1-3-6 to 1-3-8 1-3-9 1-4-1 to selected 1-4-4 1-4-4 to 1-4-7 1-4-8 to 1-5-5 1-5-6 to 1-6-9 1-7-1 to 1-7-7 1-8-1 to 1-8-9 1-9-1 1-9-2 to 1-9-3 1-9-4 Selected 1-9-4 to 1-9-5 1-9-6 to 1-9-9

Aina Haina - Kuliouou Ala Moana - Kakaako Downtown - Nuuanu Ewa Plain Hawaii Kai Kailua - Waimanalo Kalihi - Palama Kaneohe Kapahulu - Diamond Head Makaha - Nanakuli Makakilo Makiki - Moiliili Mililani Moanalua - Salt Lake North Shore Pearl City - Aiea Wahiawa Waialae - Kahala Waikiki Waipahu Windward Coast

Neighborhoods Summary Single Family Homes Condos

2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

25 25-29 30-32

SOURCE: Honolulu Board of REALTORS®, residential re-sales data compiled from HiCentral MLS, Ltd.® ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 1 of 32

Local Market Update Single Family Homes October 2019 OCTOBER 2019 Aina Haina - Kuliouou Ala Moana - Kakaako Downtown - Nuuanu Ewa Plain Hawaii Kai Kailua - Waimanalo Kalihi - Palama Kaneohe Kapahulu - Diamond Head Makaha - Nanakuli Makakilo Makiki - Moiliili Mililani Moanalua - Salt Lake North Shore Pearl City - Aiea Wahiawa Waialae - Kahala Waikiki Waipahu Windward Coast

1-3-6 to 1-3-8 1-2-3 1-1-8 to 1-2-2 1-9-1 1-3-9 1-4-1 to Selected 1-4-4 1-1-2 to 1-1-7 Selected 1-4-4 to 1-4-7 1-3-1 to 1-3-4 1-8-1 to 1-8-9 1-9-2 to 1-9-3 1-2-4 to 1-2-9 (except 1-2-6) Selected 1-9-4 to 1-9-5 1-1-1 1-5-6 to 1-6-9 1-9-6 to 1-9-9 1-7-1 to 1-7-7 1-3-5 1-2-6 1-9-4 1-4-8 to 1-5-5

New Listings

1-3-6 to 1-3-8 1-2-3 1-1-8 to 1-2-2 1-9-1 1-3-9 1-4-1 to Selected 1-4-4 1-1-2 to 1-1-7 Selected 1-4-4 to 1-4-7 1-3-1 to 1-3-4 1-8-1 to 1-8-9 1-9-2 to 1-9-3 1-2-4 to 1-2-9 (except 1-2-6) Selected 1-9-4 to 1-9-5 1-1-1 1-5-6 to 1-6-9 1-9-6 to 1-9-9 1-7-1 to 1-7-7 1-3-5 1-2-6 1-9-4 1-4-8 to 1-5-5

Median Sales Price

Percent of Original Price Received

Median Days on Market

Inventory of Homes for Sale

Oct-18

Change

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

12

7

71%

13

7

86%

$1,240,000

$1,529,000

-19%

94.6%

98.0%

-3%

15

43

-65%

71

50

42%

2

0

-

1

3

-67%

$1,225,000

$1,225,000

0%

98.0%

98.0%

0%

610

9

6678%

3

2

50%

12

12

0%

7

7

0%

$1,080,000

$1,025,888

5%

98.6%

82.1%

20%

18

83

-78%

46

47

-2%

75

80

-6%

71

68

4%

$680,000

$720,000

-6%

99.3%

97.0%

2%

19

39

-51%

209

231

-10%

23

20

15%

12

9

33%

$1,315,000

$1,120,000

17%

94.3%

100.0%

-6%

28

8

250%

86

78

10%

35

31

13%

19

30

-37%

$980,000

$1,240,000

-21%

98.0%

93.6%

5%

31

29

7%

154

128

20%

16

16

0%

13

9

44%

$792,000

$725,000

9%

97.5%

103.6%

-6%

13

37

-65%

61

74

-18%

28

26

8%

14

27

-48%

$944,500

$880,000

7%

96.7%

100.6%

-4%

30

25

20%

92

90

2%

28

22

27%

21

17

24%

$1,030,000

$1,005,888

2%

97.5%

105.0%

-7%

15

15

0%

120

94

28%

45

35

29%

35

23

52%

$475,000

$495,000

-4%

98.5%

99.2%

-1%

24

30

-20%

114

120

-5%

19

22

-14%

10

9

11%

$737,500

$650,000

13%

96.7%

100.2%

-3%

50

10

400%

45

54

-17%

25

19

32%

12

7

71%

$1,372,500

$1,139,000

21%

94.4%

91.1%

4%

35

14

150%

70

68

3%

27

26

4%

24

16

50%

$802,500

$802,000

0%

98.7%

101.3%

-3%

22

10

120%

62

62

0%

2

7

-71%

3

2

50%

$650,000

$910,000

-29%

95.5%

99.2%

-4%

29

78

-63%

9

16

-44%

25

15

67%

8

10

-20%

$814,500

$911,750

-11%

92.5%

91.5%

1%

62

66

-6%

95

67

42%

27

30

-10%

32

22

45%

$781,250

$834,000

-6%

98.1%

102.6%

-4%

16

26

-38%

71

76

-7%

7

16

-56%

10

10

0%

$690,000

$615,000

12%

98.5%

97.9%

1%

16

26

-38%

14

26

-46%

14

12

17%

13

9

44%

$1,750,000

$1,900,000

-8%

96.9%

96.2%

1%

13

29

-55%

66

53

25%

1

0

-

0

0

-

$0

$0

-

0.0%

0.0%

-

0

0

-

2

1

100%

22

23

-4%

22

20

10%

$723,750

$700,000

3%

99.5%

100.1%

-1%

12

19

-37%

59

61

-3%

16

10

60%

7

4

75%

$655,000

$925,000

-29%

96.9%

88.3%

10%

38

50

-24%

61

33

85%

YEAR-TO-DATE Aina Haina - Kuliouou Ala Moana - Kakaako Downtown - Nuuanu Ewa Plain Hawaii Kai Kailua - Waimanalo Kalihi - Palama Kaneohe Kapahulu - Diamond Head Makaha - Nanakuli Makakilo Makiki - Moiliili Mililani Moanalua - Salt Lake North Shore Pearl City - Aiea Wahiawa Waialae - Kahala Waikiki Waipahu Windward Coast

Closed Sales

Oct-19

New Listings

Closed Sales

Median Sales Price

Percent of Original Price Received

Median Days on Market

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

Oct-19

Oct-18

156

117

33%

72

72

0%

$1,172,500

$1,500,000

-22%

95.2%

94.0%

1%

20

35

Change -43%

8

13

-38%

3

9

-67%

$1,050,000

$1,095,000

-4%

95.5%

100.0%

-5%

39

10

290%

137

118

16%

71

68

4%

$915,000

$973,500

-6%

95.7%

97.4%

-2%

26

20

30%

888

911

-3%

666

637

5%

$680,000

$683,000

0%

98.8%

99.1%

0%

24

16

50%

228

232

-2%

128

147

-13%

$1,090,000

$1,180,000

-8%

95.0%

98.3%

-3%

28

15

87%

415

401

3%

261

292

-11%

$1,080,000

$1,150,000

-6%

95.1%

94.8%

0%

22

17

29%

179

175

2%

112

97

15%

$775,500

$758,750

2%

96.7%

96.2%

1%

27

21

29%

287

293

-2%

190

203

-6%

$896,944

$892,500

0%

96.1%

98.7%

-3%

18

15

20%

326

256

27%

191

154

24%

$1,050,000

$1,050,000

0%

95.1%

97.1%

-2%

17

14

21%

385

389

-1%

257

274

-6%

$500,000

$480,000

4%

97.7%

96.4%

1%

32

22

45%

189

198

-5%

132

136

-3%

$707,500

$745,000

-5%

98.1%

99.5%

-1%

26

15

73%

189

154

23%

105

83

27%

$1,155,000

$1,249,950

-8%

95.0%

96.2%

-1%

26

22

18%

287

253

13%

197

176

12%

$780,000

$765,000

2%

98.1%

98.4%

0%

22

9

144%

39

55

-29%

31

43

-28%

$831,000

$900,000

-8%

97.4%

100.1%

-3%

28

11

155%

206

145

42%

74

76

-3%

$905,000

$950,000

-5%

95.4%

95.5%

0%

32

18

78%

292

270

8%

225

213

6%

$780,000

$801,000

-3%

97.8%

98.3%

-1%

16

12

33%

84

97

-13%

76

73

4%

$650,000

$615,000

6%

98.4%

98.2%

0%

18

14

29%

161

135

19%

91

77

18%

$1,750,000

$1,850,000

-5%

93.2%

100.0%

-7%

32

29

10%

3

5

-40%

0

1

-

$0

$397,000

-

0.0%

94.5%

-

0

0

-

246

246

0%

194

188

3%

$710,000

$703,000

1%

98.5%

100.4%

-2%

18

17

6%

122

80

53%

45

43

5%

$736,500

$795,000

-7%

97.0%

96.4%

1%

23

25

-8%

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 2 of 32

Local Market Update Condos October 2019 OCTOBER 2019 Aina Haina - Kuliouou Ala Moana - Kakaako Downtown - Nuuanu Ewa Plain Hawaii Kai Kailua - Waimanalo Kalihi - Palama Kaneohe Kapahulu - Diamond Head Makaha - Nanakuli Makakilo Makiki - Moiliili Mililani Moanalua - Salt Lake North Shore Pearl City - Aiea Wahiawa Waialae - Kahala Waikiki Waipahu Windward Coast

1-3-6 to 1-3-8 1-2-3 1-1-8 to 1-2-2 1-9-1 1-3-9 1-4-1 to Selected 1-4-4 1-1-2 to 1-1-7 Selected 1-4-4 to 1-4-7 1-3-1 to 1-3-4 1-8-1 to 1-8-9 1-9-2 to 1-9-3 1-2-4 to 1-2-9 (except 1-2-6) Selected 1-9-4 to 1-9-5 1-1-1 1-5-6 to 1-6-9 1-9-6 to 1-9-9 1-7-1 to 1-7-7 1-3-5 1-2-6 1-9-4 1-4-8 to 1-5-5

New Listings

1-3-6 to 1-3-8 1-2-3 1-1-8 to 1-2-2 1-9-1 1-3-9 1-4-1 to Selected 1-4-4 1-1-2 to 1-1-7 Selected 1-4-4 to 1-4-7 1-3-1 to 1-3-4 1-8-1 to 1-8-9 1-9-2 to 1-9-3 1-2-4 to 1-2-9 (except 1-2-6) Selected 1-9-4 to 1-9-5 1-1-1 1-5-6 to 1-6-9 1-9-6 to 1-9-9 1-7-1 to 1-7-7 1-3-5 1-2-6 1-9-4 1-4-8 to 1-5-5

Median Sales Price

Percent of Original Price Received

Median Days on Market

Inventory of Homes for Sale

Oct-18

Change

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

0

2

-

0

0

-

$0

$0

-

0.0%

0.0%

-

0

0

-

2

3

-33%

64

62

3%

49

41

20%

$725,000

$374,000

94%

97.3%

90.1%

8%

31

49

-37%

298

227

31%

50

48

4%

31

41

-24%

$569,000

$377,500

51%

97.2%

94.6%

3%

32

20

60%

205

191

7%

52

66

-21%

49

53

-8%

$521,000

$429,000

21%

99.3%

100.0%

-1%

13

14

-7%

100

139

-28%

17

30

-43%

20

12

67%

$697,500

$580,000

20%

98.8%

95.6%

3%

39

19

105%

69

74

-7%

17

7

143%

13

6

117%

$525,000

$870,000

-40%

96.9%

96.5%

0%

23

6

283%

33

34

-3%

16

13

23%

9

9

0%

$359,750

$370,000

-3%

97.2%

92.8%

5%

31

15

107%

51

36

42%

22

30

-27%

16

8

100%

$561,500

$570,000

-1%

97.1%

98.7%

-2%

36

20

80%

84

57

47%

15

7

114%

3

6

-50%

$375,000

$551,250

-32%

98.3%

98.7%

0%

17

16

6%

59

50

18%

18

27

-33%

16

18

-11%

$182,000

$160,000

14%

97.6%

92.4%

6%

41

14

193%

84

74

14%

21

26

-19%

15

12

25%

$430,000

$419,500

3%

98.7%

98.1%

1%

21

28

-25%

42

51

-18%

72

68

6%

51

47

9%

$375,000

$370,000

1%

98.8%

100.5%

-2%

21

24

-13%

242

177

37%

30

46

-35%

33

30

10%

$429,000

$395,250

9%

99.2%

99.7%

-1%

15

26

-42%

75

90

-17%

31

22

41%

13

13

0%

$405,000

$370,000

9%

98.4%

100.0%

-2%

24

30

-20%

72

48

50%

6

9

-33%

4

3

33%

$347,000

$260,000

33%

97.7%

90.0%

9%

44

88

-50%

28

25

12%

46

44

5%

42

33

27%

$426,700

$400,000

7%

98.8%

92.0%

7%

16

43

-63%

95

87

9%

4

5

-20%

1

0

-

$224,000

$0

-

97.8%

0.0%

-

65

0

-

12

11

9%

8

3

167%

4

6

-33%

$665,000

$805,000

-17%

99.6%

90.7%

10%

46

77

-40%

27

18

50%

139

152

-9%

77

82

-6%

$430,000

$367,500

17%

96.0%

98.0%

-2%

55

51

8%

728

624

17%

19

32

-41%

25

20

25%

$375,000

$392,500

-4%

99.8%

97.0%

3%

22

10

120%

47

57

-18%

6

3

100%

1

3

-67%

$270,000

$253,000

7%

100.0%

97.7%

2%

26

27

-4%

29

12

142%

YEAR-TO-DATE Aina Haina - Kuliouou Ala Moana - Kakaako Downtown - Nuuanu Ewa Plain Hawaii Kai Kailua - Waimanalo Kalihi - Palama Kaneohe Kapahulu - Diamond Head Makaha - Nanakuli Makakilo Makiki - Moiliili Mililani Moanalua - Salt Lake North Shore Pearl City - Aiea Wahiawa Waialae - Kahala Waikiki Waipahu Windward Coast

Closed Sales

Oct-19

New Listings

Closed Sales

Median Sales Price

Percent of Original Price Received

Median Days on Market

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

Oct-19

Oct-18

Change

4

7

-43%

3

2

50%

$685,000

$795,000

-14%

96.1%

95.8%

0%

46

20

130%

749

677

11%

430

449

-4%

$665,000

$620,875

7%

95.8%

95.7%

0%

43

38

13%

630

530

19%

369

320

15%

$580,000

$525,000

10%

97.8%

97.3%

1%

28

23

22%

553

629

-12%

443

498

-11%

$513,450

$507,500

1%

99.1%

99.5%

0%

19

12

58%

267

227

18%

161

163

-1%

$692,500

$665,333

4%

97.6%

97.1%

1%

36

16

125%

140

118

19%

105

90

17%

$597,516

$681,000

-12%

98.6%

98.3%

0%

20

14

43%

142

132

8%

85

93

-9%

$397,000

$403,000

-1%

98.0%

98.3%

0%

22

23

-4%

281

214

31%

164

159

3%

$580,000

$575,000

1%

98.7%

99.8%

-1%

21

14

50%

124

117

6%

73

72

1%

$540,000

$555,000

-3%

97.1%

99.3%

-2%

28

21

33%

231

247

-6%

151

161

-6%

$180,000

$165,000

9%

97.3%

94.3%

3%

31

34

-9%

187

185

1%

140

128

9%

$409,500

$400,000

2%

98.8%

98.5%

0%

21

12

75%

747

659

13%

450

506

-11%

$370,000

$375,000

-1%

97.3%

98.4%

-1%

30

18

67%

393

487

-19%

338

385

-12%

$410,000

$395,000

4%

99.2%

100.0%

-1%

13

12

8%

247

227

9%

163

181

-10%

$390,000

$396,650

-2%

98.3%

99.2%

-1%

21

11

91% -27%

80

68

18%

42

41

2%

$479,500

$465,000

3%

98.7%

89.4%

10%

16

22

382

384

-1%

298

295

1%

$390,000

$392,000

-1%

98.6%

98.2%

0%

18

13

38%

40

37

8%

27

27

0%

$224,000

$220,000

2%

98.0%

96.1%

2%

21

12

75% 67%

58

48

21%

35

37

-5%

$570,000

$581,000

-2%

96.2%

101.0%

-5%

35

21

1711

1631

5%

837

989

-15%

$398,888

$400,000

0%

96.9%

95.3%

2%

35

35

0%

263

242

9%

217

189

15%

$378,500

$385,000

-2%

98.9%

97.5%

1%

18

12

50%

43

34

26%

15

25

-40%

$270,000

$253,000

7%

97.1%

97.7%

-1%

26

27

-4%

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 3 of 32

Local Market Update October 2019 Aina Haina - Kuliouou 1-3-6 to 1-3-8

October

Single Family Homes

2019

New Listings Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market Inventory of Homes for Sale

2018

Year to Date Change

12 7 13 7 $1,240,000 $1,529,000 94.6% 98.0% 15 43 71 50

2019

71% 86% -19% -3% -65% 42%

2018

156 117 72 72 $1,172,500 $1,500,000 95.2% 94.0% 20 35 -

33% 0% -22% 1% -43% -

October

Condos

Change

New Listings Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market Inventory of Homes for Sale

Closed Sales: Single Family Homes

Year to Date

2019

2018

Change

2019

2018

Change

0 0 $0 0.0% 0 2

2 0 $0 0.0% 0 3

-33%

4 3 $685,000 96.1% 46 -

7 2 $795,000 95.8% 20 -

-43% 50% -14% 0% 130% -

Closed Sales: Condos

14

2

12 10 8 1 6

9

7

7

7

8

5

1

6

6

6

5

10 10

8

7

13

0

0

0

0

0

0

1

0

0

1

0

0

1

0

1

0

1

0

0

0

0

0

Jul-19

7

Aug-19

8

Jun-19

6

May-19

12

Apr-18

4

Mar-18

5

Jan-18

6

Feb-18

6

1

0

Median Sales Price: Single Family Homes

Oct-19

Sep-19

Apr-19

Feb-19

Mar-19

Jan-19

Dec-18

Oct-18

Nov-18

Sep-18

Jul-18

Aug-18

Jun-18

May-18

Oct-19

Sep-19

Jul-19

Aug-19

Jun-19

Apr-19

May-19

Feb-19

Mar-19

Jan-19

Dec-18

Oct-18

Nov-18

Sep-18

Jul-18

Aug-18

Jun-18

Apr-18

May-18

Feb-18

Mar-18

Jan-18

Dec-17

0 Nov-17

0

Dec-17

2

Nov-17

4

Median Sales Price: Condos

$2,500,000

$1,000,000 $900,000

$2,000,000

$800,000 $700,000

$1,500,000

$600,000 $500,000

0

0

730,000

0

0

860,000

0

0

630,000

0

685,000

0

550,000

0

0

0

0

0

Mar-18

Apr-18

May-18

Jun-18

Jul-18

Aug-18

Sep-18

Oct-18

Nov-18

Dec-18

Jan-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

0

0

860,000

0 Jan-18

Feb-18

Oct-19

0 Dec-17

$100,000

Sep-19

0

$200,000

Oct-19

Sep-19

Aug-19

Jul-19

Jun-19

May-19

Apr-19

Mar-19

Feb-19

Jan-19

Dec-18

Nov-18

Oct-18

Sep-18

Aug-18

Jul-18

Jun-18

May-18

Apr-18

Mar-18

Jan-18

Feb-18

Dec-17

$0 Nov-17

$0

$300,000

Nov-17

1,240,000

1,175,000

2,310,000

1,217,500

949,400

1,085,000

950,500

1,320,000

1,225,000

710,000

1,333,000

1,091,500

1,529,000

998,000

1,895,000

1,675,000

1,563,000

1,550,000

1,954,500

1,402,500

985,000

1,752,500

1,162,500

$500,000

$400,000 1,195,000

$1,000,000

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 4 of 32

Local Market Update October 2019 Ala Moana - Kakaako 1-2-3

October

Single Family Homes

2019

New Listings Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market Inventory of Homes for Sale

2018

Year to Date Change

2 0 1 3 $1,225,000 $1,225,000 98.0% 98.0% 610 9 3 2

2019

-67% 0% 0% 6678% 50%

2018

8 13 3 9 $1,050,000 $1,095,000 95.5% 100.0% 39 10 -

-38% -67% -4% -5% 290% -

October

Condos

Change

New Listings Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market Inventory of Homes for Sale

Closed Sales: Single Family Homes

Year to Date

2019

2018

Change

2019

2018

Change

64 49 $725,000 97.3% 31 298

62 41 $374,000 90.1% 49 227

3% 20% 94% 8% -37% 31%

749 430 $665,000 95.8% 43 -

677 449 $620,875 95.7% 38 -

11% -4% 7% 0% 13% -

Closed Sales: Condos

4

70 60

3

50 40

2 30 20

1 0

1

0

0

0

0

0

1

1

3

1

3

0

1

0

0

0

1

0

1

0

0

0

1

10

45 47 28 39 45 51 50 47 63 41 44 41 49 26 33

31 48 44 50 45 53 31 46 49 Oct-19

Sep-19

Jul-19

Aug-19

Jun-19

Apr-19

May-19

Feb-19

Mar-19

Jan-19

Dec-18

Oct-18

Nov-18

Sep-18

Jul-18

Aug-18

Jun-18

Apr-18

Median Sales Price: Single Family Homes

May-18

Mar-18

Jan-18

Feb-18

Dec-17

Nov-17

Oct-19

Sep-19

Jul-19

Aug-19

Jun-19

Apr-19

May-19

Feb-19

Mar-19

Jan-19

Dec-18

Oct-18

Nov-18

Sep-18

Jul-18

Aug-18

Jun-18

Apr-18

May-18

Feb-18

Mar-18

Jan-18

Dec-17

0 Nov-17

0

Median Sales Price: Condos

$1,400,000

$900,000 $800,000

$1,200,000

$700,000 $1,000,000

$600,000

$800,000

$500,000

$600,000

$400,000

630,000

690,000

530,400

610,000

612,500

665,000

662,500

374,000

615,000

430,000

595,000

420,000

716,500

717,500

766,500

735,000

651,500

369,500

Mar-18

Apr-18

May-18

Jun-18

Jul-18

Aug-18

Sep-18

Oct-18

Nov-18

Dec-18

Jan-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

725,000

650,000

712,500

724,950 Jan-18

Feb-18

Oct-19

510,000 Dec-17

Sep-19

338,000

$100,000

Oct-19

Sep-19

Aug-19

Jul-19

Jun-19

May-19

Apr-19

Mar-19

Feb-19

Jan-19

Dec-18

Nov-18

Oct-18

Sep-18

Aug-18

Jul-18

Jun-18

May-18

Apr-18

Mar-18

Jan-18

Feb-18

Dec-17

$0 Nov-17

$0

$200,000

Nov-17

0

1,225,000

0

0

0

1,050,000

945,000

0

0

0

800,000

0

1,225,000

650,000

1,220,000

550,000

1,095,000

0

0

0

0

0

0

$200,000

1,050,000

$300,000

$400,000

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 5 of 32

Local Market Update October 2019 Downtown-Nuuanu 1-1-8 to 1-2-2

October

Single Family Homes

2019

New Listings Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market Inventory of Homes for Sale

2018

Year to Date Change

2019

2018

Change

0% 0% 5% 20% -78% -2%

137 71 $915,000 95.7% 26 -

118 68 $973,500 97.4% 20 -

16% 4% -6% -2% 30% -

12 12 7 7 $1,080,000 $1,025,888 98.6% 82.1% 18 83 46 47

October

Condos New Listings Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market Inventory of Homes for Sale

Closed Sales: Single Family Homes

Year to Date

2019

2018

Change

2019

2018

Change

50 31 $569,000 97.2% 32 205

48 41 $377,500 94.6% 20 191

4% -24% 51% 3% 60% 7%

630 369 $580,000 97.8% 28 -

530 320 $525,000 97.3% 23 -

19% 15% 10% 1% 22% -

Closed Sales: Condos

16

60

14

50

12 40

10 8

30

6

20

4 10 6

8

4

4

6

8

4

14

3

11

7

7

8

8

4

5

6

14

8

9

8

5

5

7

37 31 33 23 27 41 25 28 37 40 25 41 26 27 24

21 51 51 39 31 42 36 43 31 Oct-19

Sep-19

Jul-19

Aug-19

Jun-19

Apr-19

May-19

Feb-19

Mar-19

Jan-19

Dec-18

Oct-18

Nov-18

Sep-18

Jul-18

Aug-18

Jun-18

Apr-18

508,000

520,000

390,000

565,000

500,000

550,000

377,500

593,000

615,000

640,000

655,000

570,000

580,000

548,000

629,900

624,500

572,500

Apr-18

May-18

Jun-18

Jul-18

Aug-18

Sep-18

Oct-18

Nov-18

Dec-18

Jan-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

569,000

450,000 Mar-18

550,000

535,000

Oct-19

525,000 Jan-18

Feb-18

Sep-19

370,000

Oct-19

Sep-19

Aug-19

Jul-19

Jun-19

May-19

Apr-19

Mar-19

Feb-19

Jan-19

Dec-18

Nov-18

Oct-18

Sep-18

Aug-18

Jul-18

Jun-18

May-18

Apr-18

Mar-18

Jan-18

Feb-18

Dec-17

$0 Nov-17

$0

$100,000

Dec-17

920,000

1,080,000

895,000

1,130,000

722,000

1,000,000

881,250

840,000

890,000

1,135,000

874,750

1,219,000

1,025,888

1,230,000

1,030,000

$200,000

990,000

$200,000

874,000

$300,000

$400,000

992,500

$600,000 883,000

$400,000

1,232,500

$800,000

937,500

$500,000

770,000

$600,000

$1,000,000

882,000

$1,200,000

1,095,000

$700,000

517,500

Median Sales Price: Condos

$1,400,000

Nov-17

Median Sales Price: Single Family Homes

May-18

Mar-18

Jan-18

Feb-18

Dec-17

Oct-19

Sep-19

Jul-19

Aug-19

Jun-19

Apr-19

May-19

Feb-19

Mar-19

Jan-19

Dec-18

Oct-18

Nov-18

Sep-18

Jul-18

Aug-18

Jun-18

Apr-18

May-18

Feb-18

Mar-18

Jan-18

Dec-17

0 Nov-17

0

Nov-17

2

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 6 of 32

Local Market Update October 2019 Ewa Plain 1-9-1

October

Single Family Homes New Listings Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market Inventory of Homes for Sale

Year to Date

2019

2018

Change

2019

2018

Change

75 71 $680,000 99.3% 19 209

80 68 $720,000 97.0% 39 231

-6% 4% -6% 2% -51% -10%

888 666 $680,000 98.8% 24 -

911 637 $683,000 99.1% 16 -

-3% 5% 0% 0% 50% -

October

Condos New Listings Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market Inventory of Homes for Sale

Closed Sales: Single Family Homes

2018

Change

2019

2018

Change

52 49 $521,000 99.3% 13 100

66 53 $429,000 100.0% 14 139

-21% -8% 21% -1% -7% -28%

553 443 $513,450 99.1% 19 -

629 498 $507,500 99.5% 12 -

-12% -11% 1% 0% 58% -

Closed Sales: Condos 70 60 50 40 30 20

80 85 41 50 67 58 68 92 70 68 55 68 57 41 44

45 54 63 69 76 81 80 83 71

10

51 56 33 39 50 50 50 44 61 54 64 53 36 47 23

27 38 41 53 52 54 53 53 49 Oct-19

Sep-19

Jul-19

Aug-19

Jun-19

Apr-19

May-19

Feb-19

Mar-19

Jan-19

Dec-18

Oct-18

Nov-18

Sep-18

Jul-18

Aug-18

Jun-18

Apr-18

Median Sales Price: Single Family Homes

May-18

Mar-18

Jan-18

Feb-18

Dec-17

Nov-17

Oct-19

Sep-19

Jul-19

Aug-19

Jun-19

Apr-19

May-19

Feb-19

Mar-19

Jan-19

Dec-18

Oct-18

Nov-18

Sep-18

Jul-18

Aug-18

Jun-18

Apr-18

May-18

Feb-18

Mar-18

Jan-18

Dec-17

0 Nov-17

100 90 80 70 60 50 40 30 20 10 0

Year to Date

2019

Median Sales Price: Condos

$740,000

$600,000

$720,000

$500,000

$700,000

$400,000

$680,000 $300,000 $660,000 536,250

515,000

535,000

490,000

505,000

510,000

429,000

426,050

499,000

530,000

510,000

485,000

488,000

515,000

503,000

528,000

512,000

Apr-18

May-18

Jun-18

Jul-18

Aug-18

Sep-18

Oct-18

Nov-18

Dec-18

Jan-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

521,000

502,500 Mar-18

515,000

510,000

Oct-19

386,000 Jan-18

Feb-18

Sep-19

470,000 Dec-17

Oct-19

Sep-19

Aug-19

Jul-19

Jun-19

May-19

Apr-19

Mar-19

Feb-19

Jan-19

Dec-18

Nov-18

Oct-18

Sep-18

Aug-18

Jul-18

Jun-18

May-18

Apr-18

Mar-18

Jan-18

Feb-18

Dec-17

$0 Nov-17

$600,000

$100,000

513,000

680,000

680,000

685,000

690,000

681,500

685,000

660,000

695,250

650,000

701,500

660,000

674,000

720,000

720,000

680,000

680,000

678,000

685,000

671,500

663,000

653,000

667,000

645,000

700,000

$620,000

Nov-17

$200,000

$640,000

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 7 of 32

Local Market Update October 2019 Hawaii Kai 1-3-9

October

Single Family Homes

2019

New Listings Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market Inventory of Homes for Sale

2018

Year to Date Change

23 20 12 9 $1,315,000 $1,120,000 94.3% 100.0% 28 8 86 78

2019

15% 33% 17% -6% 250% 10%

2018

228 232 128 147 $1,090,000 $1,180,000 95.0% 98.3% 28 15 -

-2% -13% -8% -3% 87% -

October

Condos

Change

New Listings Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market Inventory of Homes for Sale

Closed Sales: Single Family Homes

Year to Date

2019

2018

Change

2019

2018

Change

17 20 $697,500 98.8% 39 69

30 12 $580,000 95.6% 19 74

-43% 67% 20% 3% 105% -7%

267 161 $692,500 97.6% 36 -

227 163 $665,333 97.1% 16 -

18% -1% 4% 1% 125% -

Closed Sales: Condos

25

30

20

25 20

15

15 10

10

5 9

15 17

6

11 14 22

5

16 14 14 14 12

10 13 19

7

20 22 20 17 13 14 19 12 14 11 10

10 10 11 17 16 28 19 20 20 Oct-19

Sep-19

Jul-19

Aug-19

Jun-19

Apr-19

May-19

Feb-19

Mar-19

Jan-19

Dec-18

Oct-18

Nov-18

Sep-18

Jul-18

Aug-18

Jun-18

Apr-18

Median Sales Price: Single Family Homes

May-18

Jan-18

Nov-17

Oct-19

Sep-19

Jul-19

Aug-19

Jun-19

Apr-19

May-19

Feb-19

Mar-19

Jan-19

Dec-18

Oct-18

Nov-18

Sep-18

Jul-18

Aug-18

Jun-18

Apr-18

May-18

Feb-18

Mar-18

Jan-18

Dec-17

0 Nov-17

0

Mar-18

14 22 12 18 18 20 15

Feb-18

8

Dec-17

5 21 12 11

Median Sales Price: Condos

$1,600,000

$900,000

$1,400,000

$800,000

$1,200,000

$700,000 $600,000

$1,000,000

$500,000 $800,000

$400,000

$600,000

674,000

731,250

669,000

680,000

660,000

800,000

640,000

580,000

705,400

587,900

752,000

671,250

644,000

600,000

715,000

685,000

688,000

720,000

Mar-18

Apr-18

May-18

Jun-18

Jul-18

Aug-18

Sep-18

Oct-18

Nov-18

Dec-18

Jan-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

697,500

655,000

724,000

625,000 Jan-18

Feb-18

Oct-19

825,000 Dec-17

Sep-19

664,500

$100,000

Oct-19

Sep-19

Aug-19

Jul-19

Jun-19

May-19

Apr-19

Mar-19

Feb-19

Jan-19

Dec-18

Nov-18

Oct-18

Sep-18

Aug-18

Jul-18

Jun-18

May-18

Apr-18

Mar-18

Jan-18

Feb-18

Dec-17

$0 Nov-17

$0

$200,000

Nov-17

1,315,000

1,082,000

944,500

945,000

1,092,500

1,330,000

1,130,000

1,174,500

1,357,500

1,040,000

1,174,000

1,112,500

1,120,000

1,225,000

1,256,250

1,052,500

1,475,000

1,299,000

985,000

1,165,000

1,040,000

1,050,000

1,047,000

$200,000

$300,000 1,300,000

$400,000

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 8 of 32

Local Market Update October 2019 Kailua - Waimanalo 1-4-1 to Selected 1-4-4

October

Year to Date 415 401 261 292 $1,080,000 $1,150,000 95.1% 94.8% 22 17 -

3% -11% -6% 0% 29% -

October

Condos

Change

New Listings Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market Inventory of Homes for Sale

2019

2018

Change

17 13 $525,000 96.9% 23 33

7 6 $870,000 96.5% 6 34

143% 117% -40% 0% 283% -3%

140 105 $597,516 98.6% 20 -

118 90 $681,000 98.3% 14 -

19% 17% -12% 0% 43% -

Median Sales Price: Single Family Homes

6

11

8

14

3

5

15 13 14

7

9

12 13 Oct-19

7

Sep-19

13 13 10

Jul-19

9

Aug-19

10

Jun-19

9

Apr-19

7

May-19

6

Feb-19

7

Mar-19

16

Jan-19

Oct-19

Sep-19

Jul-19

Aug-19

Jun-19

Apr-19

May-19

Feb-19

Mar-19

Jan-19

Dec-18

Oct-18

Nov-18

Sep-18

Jul-18

Aug-18

Jun-18

Apr-18

May-18

Feb-18

Mar-18

Jan-18

Dec-17

Nov-17

Change

Dec-18

19 20 25 18 32 48 29 29 19

0

Apr-18

10

May-18

20

Mar-18

30

Jan-18

40

Feb-18

50

18 16 14 12 10 8 6 4 2 0

Dec-17

60

24 22 22 22 36 25 32 29 33 31 32 30 25 20 22

2018

Closed Sales: Condos

Nov-17

Closed Sales: Single Family Homes

Year to Date

2019

Oct-18

13% -37% -21% 5% 7% 20%

2018

Nov-18

35 31 19 30 $980,000 $1,240,000 98.0% 93.6% 31 29 154 128

2019

Sep-18

Change

Jul-18

New Listings Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market Inventory of Homes for Sale

2018

Aug-18

2019

Jun-18

Single Family Homes

Median Sales Price: Condos

$1,400,000

$1,000,000 $900,000

$1,200,000

$800,000 $1,000,000

$700,000

$800,000

$600,000

749,500

649,000

747,500

578,000

770,000

640,000

870,000

532,000

643,250

699,500

552,500

640,000

725,000

645,000

671,500

629,500

590,000

Apr-18

May-18

Jun-18

Jul-18

Aug-18

Sep-18

Oct-18

Nov-18

Dec-18

Jan-19

Feb-19

Mar-19

Apr-19

May-19

Jun-19

Jul-19

Aug-19

525,000

575,000 Mar-18

542,000

687,000

Oct-19

562,000 Jan-18

Feb-18

Sep-19

620,000 Dec-17

$100,000

Oct-19

Sep-19

Aug-19

Jul-19

Jun-19

May-19

Apr-19

Mar-19

Feb-19

Jan-19

Dec-18

Nov-18

Oct-18

Sep-18

Aug-18

Jul-18

Jun-18

May-18

Apr-18

Mar-18

Jan-18

Feb-18

Dec-17

$0 Nov-17

$0

$200,000

605,000

980,000

1,175,000

1,050,000

1,107,500

1,135,000

1,255,000

993,000

1,172,500

1,150,000

982,000

957,500

1,155,000

1,240,000

1,269,000

1,125,000

980,000

1,280,000

1,162,500

1,311,088

1,100,000

868,000

1,155,000

$200,000

955,000

$300,000

1,100,000

$400,000

$400,000

Nov-17

$500,000 $600,000

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2019. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Page 9 of 32

Local Market Update October 2019 Kalihi - Palama 1-1-2 to 1-1-7

October

Single Family Homes New Listings Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market Inventory of Homes for Sale

Year to Date

2019

2018

Change

2019

2018

Change

16 13 $792,000 97.5% 13 61

16 9 $725,000 103.6% 37 74

0% 44% 9% -6% -65% -18%

179 112 $775,500 96.7% 27 -

175 97 $758,750 96.2% 21 -

2% 15% 2% 1% 29% -

October

Condos New Listings Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market Inventory of Homes for Sale

Closed Sales: Single Family Homes

2018

Change

2019

2018

Change

16 9 $359,750 97.2% 31 51

13 9 $370,000 92.8% 15 36

23% 0% -3% 5% 107% 42%

142 85 $397,000 98.0% 22 -

132 93 $403,000 98.3% 23 -

8% -9% -1% 0% -4% -

Closed Sales: Condos 14 12 10 8 6

9

18 11 15

5

7

12 17

9

13 12

9

13

2

10 10

9

6

8

11 12 11 11 10

6

9

6

10

6

8

7

13

9

6

8

13

6 Sep-19

13

Jul-19

6

Aug-19

9

Jun-19

11 13

Apr-19

8

May-19

10

Apr-18

2

Mar-18

16 16

Jan-18

8

Feb-18

4 9

Median Sales Price: Single Family Homes

Oct-19

Feb-19

Mar-19

Jan-19

Dec-18

Oct-18

Nov-18

Sep-18

Jul-18

Aug-18

Jun-18

May-18

Dec-17

Nov-17

Oct-19

Sep-19

Jul-19

Aug-19

Jun-19

Apr-19

May-19

Feb-19

Mar-19

Jan-19

Dec-18

Oct-18

Nov-18

Sep-18

Jul-18

Aug-18

Jun-18

Apr-18

May-18

Feb-18

Mar-18

Jan-18

Dec-17

0 Nov-17

20 18 16 14 12 10 8 6 4 2 0

Year to Date

2019

Median Sales Price: Condos

$1,000,000

$600,000

$900,000 $500,000