Market Report - September 2024

Page 1


O‘ahu Home and Condo Sales Slip in September

Year-to-date median prices show modest gains as third-quarter mortgage rates see gradual decline

In September, the O‘ahu housing market experienced a slight dip in year-over-year sales for both single-family homes and condos. Single-family home sales declined 6.5% compared to September 2023, dropping from 232 to 217 sales, while condo sales experienced a modest 2.7% decrease, with 366 sales compared to 376 a year ago. Year-to-date, single-family home sales are up 5.8%, while condo sales are down 5.6% from last year.

Highlights:

• The single-family home median sales price rose 6% year-over-year to $1,112,722, while the condo median price fell 2.8% to $517,500.

• Mortgage rates showed a gradual delcine throughout the third quarter. Although September ended with the average 30-year fixed rate hovering above 6%, this was over a full percentage point lower than a year ago.

• Single-family homes maintained a median days on market under one month at 19 days compared to 20 days in September 2023, while condos recorded a median of 31 days, up from 21 days a year ago.

• Active listings rose year over year in both markets - 27.5% year-over-year for single-family homes with 755 listings, while condo listings skyrocketed by 58% with 1,887.

• September added 351 new listings for single-family homes and 631 for condos, up 24.9% and 22.3%, respectively, compared to last year.

According to the President of the Honolulu Board of REALTORS®, “while overall sales volume in both markets softened in September, we did see positive movement in new listings and active inventory, providing more options for prospective buyers. “Paired with the gradual decline in mortgage rates, buyers may feel encouraged to enter the housing market in the coming months.”

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

September 2024

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

Mo-Yr

Single-Family HomesCondosTotal

Sep-214246151,039

Oct-21381611992

Nov-21371601972

Dec-21378593971

Jan-22326552878

Feb-22241486727

Mar-22321672993

Apr-223656721,037

May-223446881,032

Jun-22357626983

Jul-22312518830

Aug-22314508822

Sep-22278496774

Oct-22222435657

Nov-22192340532

Dec-22202360562

Jan-23150275425

Feb-23173325498

Mar-23236444680

Apr-23208420628

May-23262438700

Jun-23248470718

Jul-23224422646

Aug-23252422674SeptemberSFHYoY%chgCNDYoY%chgSeptemberYTDSFHYoY%chgYTDCNDYoY%chg Sep-232323766082022278-34.4%496-19.3%20222,858-15.8%5,218-3.3% Oct-232133996122023232-16.5%376-24.2%20231,985-30.5%3,592-31.2% Nov-23180310490

September 2024

(Themediansalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

Sep-21$1,050,000$478,000

Oct-21$1,000,000$500,000

Nov-21$1,050,000$500,000

Dec-21$1,050,000$485,000

Jan-22$1,050,000$510,000

Feb-22$1,125,000$497,000

Mar-22$1,150,000$515,500

Apr-22$1,105,000$510,000

May-22$1,153,500$516,500

Jun-22$1,100,000$534,000

Jul-22$1,107,944$500,000

Aug-22$1,125,500$498,500

Sep-22$1,100,000$502,500

Oct-22$1,050,000$520,000

Nov-22$1,149,500$480,000

Dec-22$1,049,500$502,500

Jan-23$970,000$495,000

Feb-23$987,000$480,000

Mar-23$1,083,750$536,000

Apr-23$999,995$500,000

May-23$1,109,000$505,000

Jun-23$1,050,000$510,000

Jul-23$1,090,000$500,000 Monthly Median Sales Price

Year-to-Date Median Sales Price

Aug-23$1,110,000$515,000SeptemberSFHYoY%chgCNDYoY%chgSeptemberYTDSFHYoY%chgYTDCNDYoY%chg

Sep-23$1,050,000$532,5002022$1,100,0004.8%$502,5005.1%2022$1,110,50013.9%$510,0009.1%

Oct-23$1,100,000$515,0002023$1,050,000-4.5%$532,5006.0%2023$1,050,000-5.4%$505,000-1.0%

Nov-23$1,100,055$516,179

Dec-23$996,500$510,000

Jan-24$1,021,016$502,500

Feb-24$1,075,000$512,500

Mar-24$1,100,000$500,000

Apr-24$1,100,000$528,000

May-24$1,085,000$495,000

Jun-24$1,120,000$530,000

Jul-24$1,140,000$509,000

Aug-24$1,122,000$500,000

Sep-24$1,112,722$517,500

2024$1,112,7226.0%$517,500-2.8%

2024$1,100,0004.8%$510,0001.0%

Median Sales Price
Single-Family Homes Condos

Average Sales Price

September 2024

(Theaveragesalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr

Single-Family HomesCondos

Sep-21$1,289,510$558,002

Oct-21$1,335,171$582,509

Nov-21$1,296,551$559,007

Dec-21$1,303,481$604,749

Jan-22$1,277,309$623,928

Feb-22$1,486,088$583,367

Mar-22$1,570,668$623,684

Apr-22$1,404,481$613,189

May-22$1,450,008$625,327

Jun-22$1,382,559$631,822

Jul-22$1,329,023$590,934

Aug-22$1,341,958$547,319

Sep-22$1,307,249$607,502

Oct-22$1,243,960$676,988

Nov-22$1,387,685$594,444

Dec-22$1,325,156$576,689

Jan-23$1,139,294$633,441

Feb-23$1,427,864$592,131

Mar-23$1,391,538$651,630

Apr-23$1,223,383$603,795

May-23$1,355,804$623,748

Jun-23$1,300,456$589,597

Jul-23$1,270,421$617,683 Monthly Average Sales Price

Average Sales Price

Year-to-Date Average Sales Price

Aug-23$1,427,996$628,127SeptemberSFHYoY%chgCNDYoY%chgSeptemberYTDSFHYoY%chgYTDCNDYoY%chg

Sep-23$1,357,981$608,2222022$1,307,2491.4%$607,5028.9%2022$1,396,00213.6%$607,81510.5%

Oct-23$1,304,757$670,8052023$1,357,9813.9%$608,2220.1%2023$1,329,663-4.8%$615,4271.3%

Nov-23$1,434,999$676,625 2024$1,307,833-3.7%$625,1542.8%

Dec-23$1,207,793$602,535

Jan-24$1,323,172$593,630

Feb-24$1,437,693$580,274

Mar-24$1,380,838$579,500

Apr-24$1,408,991$617,664

May-24$1,419,039$592,964

Jun-24$1,282,503$690,803

Jul-24$1,360,415$616,302

Aug-24$1,387,740$590,171

Sep-24$1,307,833$625,154

Single-Family Homes Condos

Median Days on Market

September 2024

OAHU, HAWAII

(DaysonMarketrepresentsthenumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted;theMedianDaysonMarketrepresentsthemedianofallsalesinagivenmonth)

Mo/Yr Single-Family HomesCondos

Sep-21911

Oct-211011

Nov-21119

Dec-211113

Jan-221214

Feb-221314

Mar-2299

Apr-221012

May-221010

Jun-221011

Nov-221818

Dec-222521

Jan-232424 Feb-234728

Jun-231718

Jul-231616

Median Days on Market
Single-Family Homes Condos

Percent of Original List Price Received

September 2024

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodindicated)

Mo/Yr Single-Family HomesCondos

Sep-21103.1%100.0%

Oct-21102.2%100.0%

Nov-21102.2%100.0%

Dec-21102.1%100.0%

Jan-22101.6%100.0%

Feb-22100.8%100.0%

Mar-22102.0%100.0%

Apr-22102.6%100.0%

May-22102.2%100.0%

Jun-22102.0%100.0%

Jul-22100.0%100.0%

Aug-22100.0%100.0%

Sep-2299.2%100.0%

Oct-2299.8%99.0%

Nov-2298.4%98.8%

Dec-2296.7%98.5%

Jan-2395.9%98.4%

Feb-2396.0%98.0%

Mar-2396.7%98.5%

Apr-2398.3%98.7%

May-2398.7%99.0%

Jun-2399.5%98.9%

Jul-23100.0%98.8%

Percent of Original List Price Received

Aug-2399.1%99.6%SeptemberSFHYoY%chgCNDYoY%chgSeptemberYTDSFHYoY%chgYTDCNDYoY%chg

Sep-2399.0%98.8%202299.2%-3.8%100.0%0.0%2022100.9%-1.1%100.0%0.0% Oct-2398.0%98.7%202399.0%-0.2%98.8%-1.2%202398.4%-2.5%98.7%-1.3%

Nov-2397.1%98.0%

Dec-2398.3%97.9%

Jan-2498.3%97.5%

Single-Family Homes Condos

September 2024

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

Mo-Yr

Single-Family HomesCondosTotal

Sep-214127381,150

Oct-213767171,093

Nov-21358639997

Dec-21245527772

Jan-22320666986

Feb-223677391,106

Mar-224127141,126

Apr-224247221,146

May-224456871,132

Jun-223916861,077

Jul-223866161,002

Aug-22381608989

Sep-22304601905

Oct-22285532817

Nov-22289526815

Dec-22164371535

Jan-23268523791

Feb-23233463696

Mar-23293530823

Apr-23292532824

May-23309582891

Jun-23324535859

Jul-23275521796

Aug-23330549879SeptemberSFHYoY%chgCNDYoY%chgSeptemberYTDSFHYoY%chgYTDCNDYoY%chg Sep-232815167972022304-26.2%601-18.6%20223,430-10.6%6,039-4.0% Oct-232725668382023281-7.6%516-14.1%20232,605-24.1%4,751-21.3%

Nov-23267457724

September 2024

OAHU, HAWAII

(Ameasureofcontractactivityrepresentedbyacountofpropertiesthathavehadoffersacceptedonthemduringagivenmonth)

Mo/Yr

Single-Family HomesCondosTotal

Sep-213986291,027

Oct-214006301,030

Nov-21367573940

Dec-21287511798

Jan-22315574889

Feb-22316643959

Mar-223846911,075

Apr-223666631,029

May-22356601957

Jun-22305501806

Jul-22297484781

Aug-22312475787

Sep-22224436660

Oct-22198342540

Nov-22198359557

Dec-22168289457

Jan-23267378645

Feb-23217399616

Mar-23258444702

Apr-23271438709

May-23258507765

Jun-23231415646

Jul-23247421668

Aug-23267425692SeptemberSFHYoY%chgCNDYoY%chgSeptemberYTDSFHYoY%chgYTDCNDYoY%chg Sep-232323716032022224-43.7%436-30.7%20222,875-20.4%5,068-12.0% Oct-2319232551720232323.6%371-14.9%20232,248-21.8%3,798-25.1% Nov-23174308482 202427116.8%3997.5%

Mar-24280439719 Apr-24269443712

May-24260422682

Active Inventory*

September 2024

OAHU, HAWAII (ThenumberofpropertiesinActive(A)statusattheendofthegivenmonth)

Mo/Yr

Single-Family HomesCondosTotal

Sep-214371,0301,467

Oct-214011,0391,440 Nov-213661,0331,399

Dec-213099461,255

Jan-223119671,278 Feb-223489891,337 Mar-223609191,279 Apr-223959171,312

May-224719391,410 Jun-225279981,525 Jul-225761,0501,626 Aug-225961,0731,669

Sep-226291,1411,770 Oct-226561,1941,850 Nov-226821,2441,926

Dec-225971,1701,767

Jan-235511,1961,747 Feb-235471,1771,724

Mar-235411,1521,693

Inventory

Apr-235351,1441,679SeptemberSFHYoY%chgCNDYoY%chg

May-235431,1181,661202262943.9%1,14110.8% Jun-236051,1591,7642023592-5.9%1,1944.6%

Jul-235911,1541,745

Aug-235981,1461,744 Sep-235921,1941,786 Oct-236261,3061,932

Nov-236721,3372,009 Dec-236001,2341,834

Jan-246071,3481,955 Feb-245991,3881,987

Mar-245811,4932,074 Apr-246181,5762,194 May-246401,6512,291 Jun-246531,7292,382

Jul-247221,8672,589

Aug-247601,8792,639 Sep-24755 1,8872,642

Active Inventory: Single-Family Homes + Condos

Total Inventory In Escrow*

September 2024

OAHU, HAWAII

(Thenumberofpropertiesundercontractattheendofthegivenmonth/combinedlistingsinCandPstatus)

Mo/Yr

Single-Family HomesCondosTotal

Sep-216609511,611

Oct-216639351,598

Nov-216378991,536

Dec-215287841,312

Jan-224987971,295

Feb-225449461,490

Mar-226039801,583

Apr-225929561,548

May-225838561,439

Jun-225097281,237

Jul-224796761,155

Aug-224626541,116

Sep-22388590978

Oct-22345506851

Nov-22319512831

Dec-22278430708

Jan-23376523899

Feb-23386592978

Mar-23393602995

Apr-234356231,058SeptemberSFHYoY%chgCNDYoY%chg

May-234186861,1042022388-41.2%590-38.0%

Jun-233706129822023383-1.3%569-3.6%

Jul-23383586969

Aug-23391590981

Sep-23383569952

Oct-23333475808

Nov-23312473785

Dec-23305468773

Jan-24334532866

Feb-244165861,002

Mar-244486471,095

Apr-244456471,092

May-244405931,033

Jun-244336071,040

Jul-24409580989

Months

September 2024

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Mo/Yr

Single-Family HomesCondos

Sep-211.21.8

Oct-211.11.8

Nov-211.01.7

Dec-210.81.6

Jan-220.81.6

Feb-220.91.6

Mar-221.01.5

Apr-221.11.5

May-221.31.5

Jun-221.51.6

Jul-221.61.7

Aug-221.71.8

Sep-221.92.0

Oct-222.12.1

Nov-222.22.3

Dec-222.12.2

Jan-232.02.4

Feb-232.02.4

Mar-232.12.4

Jul-232.62.8

Aug-232.72.8

Sep-232.73.0

Oct-232.93.3

Nov-233.13.4

Dec-232.83.2

Jan-242.83.5

Feb-242.83.6

Mar-242.74.0

Apr-242.84.2

May-242.94.4

Jun-243.04.7

Jul-243.25.1

Single-Family Homes Condos

$700,000 - $799,999 1622-27.3%925-64.0%98.7%97.7%1.0%1621-23.8%2022-9.1%484214.3%4041-2.4%2.52.213.6%

$800,000 - $899,999 2139-46.2%916-43.8%100.0%100.0%0.0%32320.0%31310.0%726510.8%50492.0%2.42.020.0%

$900,000 - $999,999 262313.0%232015.0%100.0%97.9%2.1%493732.4%403129.0%665617.9%564816.7%2.52.025.0%

$1,000,000 - $1,499,999 87808.8%201717.6%98.5%100.0%-1.5%1128827.3%937917.7%19414236.6%13812312.2%2.52.025.0%

$1,500,000 - 1,999,999 332157.1%191090.0%97.2%100.6%-3.4%50484.2%353112.9%1179128.6%54508.0%4.23.810.5%

$2,000,000 - $2,999,999 14137.7%151136.4%98.5%100.3%-1.8%301776.5%16977.8%835940.7%241926.3%5.54.231.0%

$3,000,000 and above 513-61.5%2226-15.4%95.1%94.6%0.5%312055.0%13785.7%1179325.8%181520.0%13.010.326.2%

All Single-Family Homes217232-6.5%1920-5.0%99.0%99.0%0.0%35128124.9%27123216.8%75559227.5%4213839.9%3.42.725.9%

$149,999 and below 10666.7%2071-71.8%100.0%94.7%5.6%151315.4%9728.6%554522.2%1219-36.8%4.23.520.0%

$300,000 - $399,999 60567.1%312240.9%97.3%98.8%-1.5%91839.6%716018.3%28915388.9%988712.6%4.82.4100.0%

$400,000 - $499,999 756025.0%291952.6%97.9%98.9%-1.0%1158338.6%746710.4%30816191.3%1089612.5%5.02.4108.3% $500,000 -

$600,000 - $699,999 3947-17.0%362171.4%98.4%100.0%-1.6%795738.6%504413.6%16110750.5%736021.7%4.02.281.8%

$700,000 - $999,999 65650.0%251656.3%97.9%100.0%-2.1%1068426.2%676011.7%29920645.1%101929.8%4.83.441.2%

$1,000,000 - $1,499,999

Closed Sales by Price Range: Single-Family Homes

September 2024 OAHU, HAWAII (Acountofpropertiesthathaveclosedinagivenmonth)

$450,000-$599,999412-66.7%68646.3%

$1,000,000-$1,499,99987808.8%9438659.0% $1,500,000-1,999,999332157.1%33828917.0%

Closed Sales by Price Range: Condos September 2024

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$150,000-$299,9993146-32.6%489566-13.6% $300,000-$399,99960567.1%714773-7.6%

$700,000-$999,99965650.0%7477312.2%

$1,000,000-$1,499,999282512.0%2602408.3%

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

September 2024

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

$449,999andbelow9611772.7%432665.4%

$450,000-$599,9992229-24.1%3046-34.8%

Median Days on Market by Price Range 1-mth Period: Single-Family

$1,000,000-$1,499,999201717.6%1618-11.1% $1,500,000-1,999,999191090.0%171513.3%

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

Median Days on Market by Price Range: Condos September 2024

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

$150,000-$299,9995618211.1%352075.0%

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

September 2024

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

Median Percent of Original List Price Received by Price Range 1-mth Period: Single-Family Homes Sep-24 Sep-23

$449,999andbelow78.8%103.8%-24.1%92.0%96.6%-4.8%

$700,000-$799,99998.7%97.7%1.0%98.4%97.7%0.7%

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

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

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

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

$400,000-$499,99997.9%98.9%-1

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

reflectsthesame12-monthperiodoneyearprior.

$1,000,000-$1,499,9991128827.3%1,1911,00119.0%

New Listings by Price Range: Condos

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$150,000-$299,9995459-8.5%678709-4.4%

$700,000-$999,9991068426.2%1,20597823.2% $1,000,000-$1,499,999422755.6%48937729.7%

Pending Sales by Price Range: Single-Family Homes

September 2024

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

$449,999andbelow21100.0%333010.0%

$450,000-$599,99913785.7%947525.3%

Pending Sales by Price Range

$1,000,000-$1,499,999937917.7%9589016.3% $1,500,000-1,999,999353112.9%36131713.9%

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

Current List Price

Pending Sales by Price Range: Condos September 2024

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

$149,999andbelow9728.6%145153-5.2%

$150,000-$299,9993443-20.9%481580-17.1%

$300,000-$399,999716018.3%786794-1.0%

$400,000-$499,999746710.4%795825-3.6%

$500,000-$599,99963621.6%673720-6.5%

$600,000-$699,999504413.6%518597-13.2%

$700,000-$999,999676011.7%7467114.9%

$2,000,000andabove8560.0%7589-15.7%

$450,000-$599,999181250.0%

$600,000-$699,999322910.3%

$2,000,000-$2,999,999835940.7%

$3,000,000andabove1179325.8%

$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

$150,000-$299,99918913540.0%

$300,000-$399,99928915388.9%

$400,000-$499,99930816191.3% $500,000-$599,999259127103.9%

$1,500,000-$1,999,999736217.7%

$2,000,000andabove90100-10.0%

$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

$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 10141615122418151318211715132126252522292511212526 $600,000 to $799,999 64809467656269556066687071718261585463637166768180 $800,000 to $999,999 133157148143121115127117117130121127121143138114119134113105103112132135138

$1,000,000 to $1,999,999 251243251216207204191201209240229238233247260234235230225253269281305325311

$299,999 and

$300,000 to $499,999

$500,000 to $699,999

$700,000 to $1,499,999

$1,500,000 and above

$2,000,000 and above 171162173156146142136147144151152146152152171165170156158168172183188194200 Total 629656682597551547541535543605591598592626672600607599581618640653722760755 Condos S-22O-22N-22D-22J-23F-23M-23A-23M-23J-23J-23A-23S-23O-23N-23D-23J-24F-24M-24A-24M-24J-24J-24A-24S-24

$299,999 and below 184183189185179185183182184177177170180196177152186185205210217223245253244

$300,000 to $499,999 263267292261277282251251252273272287314352363349386431464497517556593597597

$500,000 to $699,999 250274272245243229251244236252233243234266296264273266280310343364391399420

$700,000 to $1,499,999 317325340318329322308307289309323301304333337315343343364377396412473468463

$1,500,000 and above 127145151161168159159160157148149145162159164154160163180182178174165162163 Total 1,1411,1941,2441,1701,1961,1771,1521,1441,1181,1591,1541,1461,1941,3061,3371,2341,3481,3881,4931,5761,6511,7291,8671,8791,887

Inventory In Escrow* by Price Range: Single-Family Homes September 2024 OAHU, HAWAII (Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

$449,999andbelow4333.3%

$450,000-$599,999211361.5%

$600,000-$699,9991622-27.3% $700,000-$799,9994041-2.4%

$2,999,999 $3,000,000 and above

$1,500,000-1,999,99954508.0%

$2,000,000-$2,999,999241926.3%

$3,000,000andabove181520.0%

$599,999 and below

$600,000 to $799,999

$800,000 to $999,999

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

$2,000,000 and above

$599,999 and below

$600,000 to $799,999

$800,000 to $999,999

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

$2,000,000 and above

$149,999andbelow1219-36.8%

$150,000-$299,9996073-17.8%

$300,000-$399,999988712.6%

$400,000-$499,9991089612.5%

$700,000-$999,999101929.8%

$1,000,000-$1,499,99934319.7%

$1,500,000-$1,999,9997475.0%

$2,000,000andabove12933.3%

$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

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

$599,999 and below

$600,000 to $799,999

$800,000 to $999,999

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

$2,000,000 and above

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

$150,000-$299,9994.62.958.6%

$300,000-$399,9994.82.4100.0%

$2,000,000andabove15.012.520.0%

$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

OAHU, HAWAII: Jan 1987 to the Present

Median Sales Price

Single-Family Homes and Condos

OAHU, HAWAII: Jan 1987 to the Present

Oahu Local Market Update

LOCAL MARKETS

Local Market Update

Local Market Update

Aina Haina - Kuliouou

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

Sep-24Sep-23ChangeSep-24Sep-23ChangeSep-24Sep-23ChangeSep-24Sep-23ChangeSep-24Sep-23ChangeSep-24Sep-23Change

5254-4%$1,950,000$1,600,00022%97.5%100.0%-3%171331%746710%585114%

56-17%$1,100,000$1,243,750-12%93.0%92.1%1%3716131%11757%6450%

513834%$1,200,000$1,123,5007%98.8%95.5%3%1417-18%796522%645028%

3863782%$892,000$890,0000%99.4%98.3%1%2234-35%5074845%401438-8%

1059511%$1,675,000$1,450,00016%99.2%100.0%-1%151136%14412416%11210210%

193194-1%$1,656,000$1,600,0004%99.2%100.0%-1%14140%2622457%195208-6%

6772-7%$925,000$900,0003%98.6%96.4%2%2033-39%103104-1%8890-2%

14612121%$1,200,000$1,150,0004%98.7%100.0%-1%14138%20315630%16412729%

11310013%$1,400,000$1,355,0003%96.7%96.1%1%1623-30%16914517%1281280%

183190-4%$665,000$667,5000%97.3%97.2%0%3439-13%29726711%2172170%

6575-13%$1,012,500$1,020,000-1%97.2%98.3%-1%232110%109112-3%7592-18%

Makiki - Moiliili 1-2-4 to 1-2-9 (except 1-2-6) 796914%$1,628,000$1,510,0008%96.6%97.3%-1%191619%1271169%8485-1%

Mililani Selected 1-9-4 to 1-9-5 1081080%$1,073,250$1,067,5001%100.0%99.5%1%1416-13%13512211%1191153%

Moanalua - Salt Lake 1-1-1

North Shore 1-5-6 to 1-6-9

382646%$1,230,000$1,272,500-3%100.0%99.7%0%141127%463724%403611%

54532%$1,437,500$1,400,0003%100.0%96.0%4%2325-8%1036851%55550%

Pearl City - Aiea 1-9-6 to 1-9-9 16314016%$1,065,000$965,50010%100.0%99.1%1%1317-24%20716426%18516313%

Wahiawa 1-7-1 to 1-7-7

Waialae - Kahala 1-3-5

604630%$825,000$840,000-2%98.6%98.8%0%1517-12%815450%624538%

645810%$2,400,000$2,471,000-3%99.0%97.3%2%2833-15%797111%69681%

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

Makaha - Nanakuli 1-8-1 to 1-8-9

127131-3%$950,000$910,0004%100.0%98.9%1%1621-24%16113916%1431328%

423135%$960,000$1,150,000-17%97.4%97.8%0%412471%62587%474212%

Sep-24Sep-23ChangeSep-24Sep-23ChangeSep-24Sep-23ChangeSep-24Sep-23ChangeSep-24Sep-23ChangeSep-24Sep-23Change

110%$829,000$655,00027%103.8%87.3%19%13123-89%41300%21100%

372412-10%$747,000$690,0008%96.1%96.8%-1%533551%72966010%380433-12%

232250-7%$568,000$562,5001%98.0%98.0%0%292612%43333430%243257-5%

256310-17%$690,000$675,0002%99.3%100.0%-1%251839%41137310%295336-12%

110119-8%$814,500$849,000-4%100.0%98.4%2%1321-38%16612533%116124-6%

7587-14%$787,500$754,5004%99.4%100.0%-1%161060%1011001%7380-9%

85841%$400,000$400,0000%98.2%98.5%0%372085%115131-12%83104-20%

12611015%$706,500$670,0005%99.1%100.0%-1%17166%16012231%1291226%

584821%$672,000$895,000-25%98.0%99.2%-1%16160%1156772%5658-3%

105125-16%$245,000$250,000-2%96.6%100.0%-3%452673%20417020%1271252%

Makakilo 1-9-2 to 1-9-3 7886-9%$565,000$551,0003%99.7%100.0%0%292045%92911%8793-6%

Makiki - Moiliili

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

357378-6%$400,000$409,000-2%97.4%98.8%-1%311694%62451920%395418-6%

Mililani Selected 1-9-4 to 1-9-5 216228-5%$515,000$510,0001%100.0%100.0%0%241650%32025725%25922814%

Moanalua - Salt Lake 1-1-1

114120-5%$428,250$440,000-3%98.3%98.8%-1%2711145%20316225%128134-4%

North Shore 1-5-6 to 1-6-9 33316%$1,000,000$810,00023%98.6%98.9%0%1316-19%593855%34326%

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

Wahiawa 1-7-1 to 1-7-7

Waialae - Kahala

1-3-5

Waikiki 1-2-6

Waipahu 1-9-4

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

2101986%$472,500$470,0001%99.1%100.0%-1%2512108%30122037%2162027%

221822%$347,500$327,0006%97.8%100.4%-3%249167%262313%2224-8%

33323%$625,000$631,250-1%97.6%98.3%-1%389322%564719%383219%

775818-5%$435,000$420,0004%96.6%97.2%-1%352730%1,3231,13816%819849-4%

112118-5%$515,000$499,0003%99.9%100.0%0%191619%146148-1%119127-6%

20195%$354,950$155,000129%96.5%100.0%-4%161145%452580%231921%

Local Market Update

Aina Haina - Kuliouou

Closed Sales: Condos

Closed Sales: Single-Family Homes

Local Market Update

Closed Sales: Condos

Ala Moana - Kakaako
Median Sales Price: Single-Family Homes

Local Market Update

Downtown-Nuuanu

Median Sales Price: Single-Family Homes

Local Market Update

Closed Sales: Condos

Local Market Update

Sales: Condos

Median Sales Price: Condos

Closed

Local Market Update September 2024

Kailua - Waimanalo

Median Sales Price: Single-Family Homes

Closed Sales: Condos

Local Market Update

Kalihi - Palama

Local Market Update

Closed Sales: Condos

Sales Price: Condos

Local Market Update

Kapahulu - Diamond Head

Local Market Update

Makaha - Nanakuli

Closed Sales: Single-Family Homes

Sales: Condos

Closed

Closed Sales: Single-Family Homes

Local Market Update

Closed Sales: Condos

Local Market Update September 2024

Makiki - Moiliili

Closed Sales: Single-Family Homes

Closed Sales: Condos

Closed Sales: Single-Family Homes

Local Market Update

Closed Sales: Condos

Closed Sales: Single-Family Homes

Local Market Update

Closed Sales: Condos

Moanalua - Salt Lake

Local Market Update

North Shore

Local Market Update

Pearl City - Aiea

Median Sales Price: Single-Family Homes

Closed Sales: Single-Family Homes
Closed Sales: Condos

Local Market Update

Local Market Update

Waialae - Kahala

Closed Sales: Single-Family Homes

Local Market Update September 2024

Closed Sales: Condos

Median Sales Price: Single-Family Homes

Closed Sales: Single-Family Homes

Local Market Update

Sales: Condos

Closed

Median Sales Price: Single-Family Homes

Local Market Update

Local Market Update

Oahu - Islandwide

Closed Sales: Single-Family Homes

63151622%5,6334,75119%

Sales: Condos

Sales Price: Single-Family Homes

Closed

Single Family Homes Sold - September 2024 vs 2023

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

Central Region

Single Family Homes Sold - September 2024 vs 2023

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

Ewa Plain Region

Single Family Homes Sold - September 2024 vs 2023

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

Single Family Homes Sold - September 2024 vs 2023

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

Kailua Region

Single Family Homes Sold - September 2024 vs 2023

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

Single Family Homes Sold - September 2024 vs 2023

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

Metro Region

Single Family Homes Sold - September 2024 vs 2023

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

Single Family Homes Sold - September 2024 vs 2023

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

Waipahu Region

Condos Sold - September 2024 vs 2023

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

Central Region

Head Region

Ewa Plain Region

Condos Sold - September 2024 vs 2023

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

Condos Sold - September 2024 vs 2023

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

Makakilo Region

Condos Sold - September 2024 vs 2023

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

Condos Sold - September 2024 vs 2023

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

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