Oahu Real Estate Update - May 2024 by List Sotheby's International Realty Hawaii

MONTHLY STATS REPORT

MAY 2024

Single-family home sales in May fell 5.0% year-over-year and month-over-month, while condo sales increased 9.1% year-over-year and 10.9% from the previous month.

Median sales prices for both single-family homes and condos saw a slight decline compared to May 2023. Single-family homes ended the month with a median price of $1,085,000, reflecting a 2.2% decrease year-over-year, while the condo median price of $495,000 marks 2% dip year-overyear. However, year-to-date median prices for single-family homes and condos experienced a modest increase of 2.4% and 1.0%, respectively.

When it comes to affordability, single-family home sales in the $899,999 and below range accounted for 28% of sales for the month of May. In this price range, buyers closed on properties in multiple regions, from Leeward and ‘Ewa neighborhoods to Central Oʻahu, Pearl City, Kaneohe and the Metro Honolulu area

Meanwhile, condo sales in the $300,000 to $399,999 range surged by 43.6%, reaching 89 units and representing the largest share of sales at 18.7%. This contributed to the lower median sales price for condos this May. Additionally, another factor contributing to the decrease in median prices for condos was smaller-sized units seeing the largest increase in sales, particularly studios and one-bedroom condos.

Buyers in the single-family home market acted decisively, with properties spending a median of 14 days on the market entering contract a week quicker than last year. Conversely, condos took slightly longer to sell compared to a year ago, though they moved faster month-over-month, with a median of 25 days in May.

New listing activity continued to grow year over year, with 345 single-family home listings and 658 condo listings, an 11.7% and 13.1% uptick, respectively. Listings for single-family homes priced at $1,400,000 and above rose by 39.6% year over year, totaling 134 compared to 96 new listings. Additionally, condos in the $300,000 to $599,999 range comprised the largest share of new listings, accounting for 45% or 296 units.

Active inventory for single-family homes and condos continued to rise in May, with single-family home inventory up by 3.6% and condo inventory by 4.8% from the previous month. Year-overyear, single-family home inventory increased by 17.9%, while condo inventory surged by 47.7%. By the end of May, single-family homes priced at $899,999 and below represented 24% of active listings, totaling 152 a 16% increase, mainly in the Leeward, ‘Ewa Plain, and Metro regions. Condo inventory totaled 1,651 units by the end of the month, with several regions, including Central, Diamond Head, Kailua, Kaneohe, North Shore and Pearl City, showing more than double the number of active listings compared to the same time last year.

Compared to May 2023, single-family home contract signings remained steady, while condo signings slumped 16.8%. May concluded with 260 pending sales for single-family homes and 422 for condos. Single-family homes listed in the $800,000 to $999,999 price range continued to account for a fair share of pending sales for the month, representing 27.7% or 72 contract signings in May.

Oahu Monthly Housing Statistics

Monthly Indicators 2 Median Sales Price YoY %chg Price Graphs 3-4 $1,085,000-2.2% Closed Sales 5 Closed Sales YoY %chg Median Sales Price6 Average Sales Price 7 249 -5.0% Median Days on Market 8 Percent of Original List Price Received 9 Average Sales Price YoY %chg New Listings10 Pending Sales 11 $1,419,039+4.7% Active Inventory 12 Total Inventory In Escrow 13 Months Supply of Active Inventory 14 Housing Supply Overview 15 Median Sales Price YoY %chg Closed Sales (by price range)16-17 Median Days on Market (by price range) 18-19 $495,000-2.0% Percent of Original List Price Received (by price range)20-21 New Listings (by price range) 22-23 Closed Sales YoY %chg Pending Sales (by price range)24-25 Active Inventory (by price range) 26-27 478 +9.1% Active Inventory History 28 Total Inventory In Escrow (by price range) 29-30 Average Sales Price YoY %chg Months Supply of Active Inventory (by price range)31-32 $592,964-4.9% Historical Graphs 33-34 YoY % chg = year-over-year percent change comparing current month to the same month last year. SOURCE: Honolulu Board of REALTORS®, residential resales data compiled from HiCentral MLS, Ltd.® ©2024. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed. CONTENTS: CONDOS

May 2024 SINGLE-FAMILY HOMES

*seefootnotesonpages9-12regardingmethodologyupdatesYoY%chg=year-over-yearpercentchangecomparingcurrentmonthtothesamemonthlastyear.

MoM%chg=month-over-monthpercentchangecomparingcurrentmonthtothepreviousmonth.

*seefootnotesonpages9-12regardingmethodologyupdates1-yr%chg=percentchangecomparingthecurrentYTDtimeperiodtothesameYTDtimeperiodoneyearago. 2-yr%chg=percentchangecomparingthecurrentYTDtimeperiodtothesameYTDtimeperiodtwoyearsago.

May 2024 May-24 May-23YoY %chgApr-24MoM %chg May-24 May-23YoY %chgApr-24MoM %chg Closed Sales 249 262-5.0%262-5.0% 478 4389.1%43110.9% Median Sales Price $1,085,000 $1,109,000-2.2%$1,100,000-1.4% $495,000 $505,000-2.0%$528,000-6.3% Average Sales Price $1,419,039 $1,355,8044.7%$1,408,9910.7% $592,964 $623,748-4.9%$617,664-4.0% Median Days on Market 14 21-33.3%17-17.6% 25 2025.0%29-13.8% Percent of Orig. List Price Received 100.0% 98.7%1.3%99.0%1.0% 98.3% 99.0%-0.7%97.8%0.5% New Listings 345 30911.7%349-1.1% 658 58213.1%6560.3% Pending Sales* 260 2580.8%269-3.3% 422 507-16.8%443-4.7% Active Inventory* 640 54317.9%6183.6% 1,651 1,11847.7%1,5764.8% Total Inventory in Escrow* 440 4185.3%445-1.1% 593 686-13.6%647-8.3% Months Supply of Active Inventory* 2.9 2.231.8%2.83.6% 4.4 2.669.2%4.24.8%

Monthly Indicators OAHU, HAWAII

Year-to-Date YTD-2024 YTD-20231-yr %chgYTD-20222-yr %chg YTD-2024 YTD-20231-yr %chgYTD-20222-yr %chg Closed Sales 1,104 1,0297.3%1,597-30.9% 1,879 1,902-1.2%3,070-38.8% Median Sales Price $1,074,500 $1,049,5002.4%$1,115,000-3.6% $505,000 $500,0001.0%$510,000-1.0% Average Sales Price $1,394,398 $1,319,0795.7%$1,440,993-3.2% $594,246 $621,029-4.3%$617,660-3.8% Median Days on Market 21 27-22.2%10110.0% 30 2330.4%11172.7% Percent of Orig. List Price Received 98.8% 97.6%1.2%101.8%-2.9% 98.0% 98.5%-0.5%100.0%-2.0% New Listings 1,565 1,39512.2%1,968-20.5% 3,075 2,63016.9%3,528-12.8% Pending Sales* 1,298 1,2712.1%1,737-25.3% 2,070 2,166-4.4%3,172-34.7%

Single-Family Homes Condos Single-Family Homes

residential

compiled

Condos

SOURCE: Honolulu Board of REALTORS®,

resales

from MLS

Single-Family Homes Sold

5 2 9 14 40 32 24 18 23 11 13 9 7 5 4 5 17 11 5 2 6 28 37 29 19 30 33 10 11 6 9 5 2 0 17 13 0 5 10 15 20 25 30 35 40 45 Closed Sales Sold Price ($)

May 2024 vs. May 2023 2024 2023 SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2024. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

12 21 47 89 79 55 51 42 21 19 34 8 7 22 43 62 80 73 51 36 22 11 24 7 0 10 20 30 40 50 60 70 80 90 100 Closed Sales Sold Price ($) Condos Sold May 2024 vs. May 2023 2024 2023 SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2024. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

May 2024

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

Mo-Yr

Single-Family HomesCondosTotal

May-214055981,003

Jun-214517301,181

Jul-214046711,075

Aug-214256751,100

Sep-214246151,039

Oct-21381611992

Nov-21371601972

Dec-21378593971

Jan-22326552878

Feb-22241486727

Mar-22321672993

Apr-223656721,037

May-223446881,032

Jun-22357626983

Jul-22312518830

Aug-22314508822

Sep-22278496774

Oct-22222435657

Nov-22192340532

Dec-22202360562

Jan-23150275425

Feb-23173325498

Mar-23236444680

Apr-23208420628MaySFHYoY%chgCNDYoY%chgMayYTDSFHYoY%chgYTDCNDYoY%chg May-232624387002022344-15.1%68815.1%20221,597-5.6%3,07013.4% Jun-232484707182023262-23.8%438-36.3%20231,029-35.6%1,902-38.0%

Jul-23224422646

Monthly Closed Sales Year-to-Date Closed Sales

2024249-5.0%4789.1% 20241,1047.3%1,879-1.2% Aug-23252422674 Sep-23232376608 Oct-23213399612

Dec-23182272454 Jan-24184292476 Feb-24179334513 Mar-24230344574 Apr-24262431693 May-24249 478 727

0 100 200 300 400 500 600 700 800 Sales Closed Sales Single-Family

0 500 1,000 1,500 2,000 202220232024 Closed Sales SFH(YTD) 0 500 1,000 1,500 2,000 2,500 3,000 3,500 202220232024 Closed Sales CND(YTD) 0 100 200 300 400 202220232024 Closed Sales SFH(May) 0 200 400 600 800 202220232024 Closed Sales CND(May) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Nov-23180310490

Closed Sales

Homes Condos

May 2024

OAHU,

HAWAII

(Themediansalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

May-21$978,000$457,750

Jun-21$979,000$460,000

Jul-21$992,500$475,000

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Jan-23$970,000$495,000

Feb-23$987,000$480,000

Mar-23$1,083,750$536,000 Monthly Median Sales Price Year-to-Date Median Sales Price

Apr-23$999,995$500,000MaySFHYoY%chgCNDYoY%chgMayYTDSFHYoY%chgYTDCNDYoY%chg

May-23$1,109,000$505,0002022$1,153,50017.9%$516,50012.8%2022$1,115,00019.3%$510,00012.3%

Jun-23$1,050,000$510,0002023$1,109,000-3.9%$505,000-2.2%2023$1,049,500-5.9%$500,000-2.0%

Jul-23$1,090,000$500,000 2024$1,085,000-2.2%$495,000-2.0%2024$1,074,5002.4%$505,0001.0%

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

Sep-23$1,050,000$532,500

Oct-23$1,100,000$515,000

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

Dec-23$996,500$510,000

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

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

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

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

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

$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Price ($)

Median Sales Price

Median Sales Price

0K 200K 400K 600K 800K 1.0M 1.2M 202220232024 Price ($) SFH(YTD) 0K 100K 200K 300K 400K 500K 600K 202220232024 Price ($) CND(YTD) 0K 200K 400K 600K 800K 1.0M 1.2M 1.4M 202220232024 Price ($) SFH(May) 0K 100K 200K 300K 400K 500K 600K 202220232024 Price ($) CND(May) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Single-Family Homes Condos

May 2024

OAHU,

HAWAII

(Theaveragesalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr

Single-Family HomesCondos

May-21$1,246,611$555,798

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

Jul-21$1,265,382$544,064

Aug-21$1,316,681$618,612

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Average Sales Price

Mar-23$1,391,538$651,630 Monthly Average Sales Price Year-to-Date Average Sales Price

Apr-23$1,223,383$603,795MaySFHYoY%chgCNDYoY%chgMayYTDSFHYoY%chgYTDCNDYoY%chg

May-23$1,355,804$623,7482022$1,450,00816.3%$625,32712.5%2022$1,440,99321.6%$617,66016.3%

Jun-23$1,300,456$589,5972023$1,355,804-6.5%$623,748-0.3%2023$1,319,079-8.5%$621,0290.5%

Jul-23$1,270,421$617,683 2024$1,419,0394.7%$592,964-4.9%

Aug-23$1,427,996$628,127

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

Oct-23$1,304,757$670,805

Nov-23$1,434,999$676,625

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

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

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

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

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

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

2024$1,394,3985.7%$594,246-4.3%

$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 Price ($)

Average Sales Price

0K 500K 1.0M 1.5M 2.0M 202220232024 Price ($) SFH(YTD) 0K 100K 200K 300K 400K 500K 600K 700K 202220232024 Price ($) CND(YTD) 0K 500K 1.0M 1.5M 2.0M 202220232024 Price ($) SFH(May) 0K 100K 200K 300K 400K 500K 600K 700K 202220232024 Price ($) CND(May) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Single-Family Homes Condos

Median Days on Market

May 2024

OAHU, HAWAII

(DaysonMarketrepresentsthenumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted;theMedianDaysonMarketrepresentsthemedianofallsalesinagivenmonth)

Mo/Yr Single-Family HomesCondos

May-21812

Jun-21811

Jul-21911

Aug-21912

Sep-21911

Oct-211011

Nov-21119

Dec-211113

Jan-221214

Feb-221314

Nov-221818

Dec-222521

Jan-232424

Feb-234728

Mar-233624

Mar-2299 Apr-221012 May-221010 Jun-221011 Jul-221112 Aug-221313

Sep-221814 Oct-221919

Monthly Median Days on Market Year-to-Date Median Days on Market Apr-232420MaySFHYoY%chgCNDYoY%chgMayYTDSFHYoY%chgYTDCNDYoY%chg May-23212020221025.0%10-16.7%20221011.1%11-21.4% Jun-231718202321110.0%20100.0%202327170.0%23109.1%

202414-33.3%2525.0% 202421-22.2%3030.4% Aug-231818 Sep-232021 Oct-231821 Nov-232923 Dec-231826 Jan-242929 Feb-243039 Mar-243129 Apr-241729 May-2414 25

Jul-231616

0 5 10 15 20 25 30 35 40 45 50 Days on Market

Median Days on Market

0 5 10 15 20 25 30 202220232024 Days on Market SFH(YTD) 0 5 10 15 20 25 30 35 202220232024 Days on Market CND(YTD) 0 5 10 15 20 25 202220232024 Days on Market SFH(May) 0 5 10 15 20 25 30 202220232024 Days on Market CND(May) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Single-Family Homes Condos

Percent of Original List Price Received

May 2024

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodindicated)

Mo/Yr Single-Family HomesCondos

May-21101.4%100.0%

Jun-21104.2%100.0%

Jul-21103.9%100.0%

Aug-21103.0%100.0%

Sep-21103.1%100.0%

Oct-21102.2%100.0%

Nov-21102.2%100.0%

Dec-21102.1%100.0%

Jan-22101.6%100.0%

Feb-22100.8%100.0%

Mar-22102.0%100.0%

Apr-22102.6%100.0%

May-22102.2%100.0%

Jun-22102.0%100.0%

Jul-22100.0%100.0%

Aug-22100.0%100.0%

Sep-2299.2%100.0%

Oct-2299.8%99.0%

Nov-2298.4%98.8%

Dec-2296.7%98.5%

Jan-2395.9%98.4%

Feb-2396.0%98.0%

Mar-2396.7%98.5%

Percent of Original List Price Received

Apr-2398.3%98.7%MaySFHYoY%chgCNDYoY%chgMayYTDSFHYoY%chgYTDCNDYoY%chg

May-2398.7%99.0%2022102.2%0.8%100.0%0.0%2022101.8%0.9%100.0%0.8% Jun-2399.5%98.9%202398.7%-3.4%99.0%-1.0%202397.6%-4.1%98.5%-1.5%

Jul-23100.0%98.8%

Aug-2399.1%99.6%

Sep-2399.0%98.8%

Monthly Percent of Original List Price Received Year-to-Date Percent of Original List Price Received

2024100.0%1.3%98.3%-0.7% 202498.8%1.2%98.0%-0.5%

Oct-2398.0%98.7% Nov-2397.1%98.0% Dec-2398.3%97.9% Jan-2498.3%97.5% Feb-2497.8%97.9% Mar-2498.3%98.3% Apr-2499.0%97.8% May-24100.0%98.3% 90.0% 92.0% 94.0% 96.0% 98.0% 100.0% 102.0% 104.0% 106.0% Percent Received

95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202220232024 Percent Received SFH(YTD) 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202220232024 Percent Received CND(YTD) 95.0% 97.0% 99.0% 101.0% 103.0% 202220232024 Percent Received SFH(May) 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202220232024 Percent Received CND(May) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Single-Family Homes Condos

New Listings

May 2024

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

Mo-Yr

Single-Family HomesCondosTotal

May-214306831,113

Jun-214827841,266

Jul-214696641,133

Aug-214607211,181

Sep-214127381,150

Oct-213767171,093

Nov-21358639997

Dec-21245527772

Jan-22320666986

Feb-223677391,106

Mar-224127141,126

Apr-224247221,146

May-224456871,132

Jun-223916861,077

Jul-223866161,002

Aug-22381608989

Sep-22304601905

Oct-22285532817

Nov-22289526815

Dec-22164371535

Jan-23268523791

Feb-23233463696

Mar-23293530823

Apr-23292532824MaySFHYoY%chgCNDYoY%chgMayYTDSFHYoY%chgYTDCNDYoY%chg May-2330958289120224453.5%6870.6%20221,968-2.3%3,5284.2% Jun-233245358592023309-30.6%582-15.3%20231,395-29.1%2,630-25.5%

Jul-23275521796

Monthly New Listings Year-to-Date New Listings

202434511.7%65813.1% 2024 1,56512.2%3,07516.9% Aug-23330549879 Sep-23281516797 Oct-23272566838 Nov-23267457724 Dec-23180349529

Feb-24295533828 Mar-24291647938 Apr-243496561,005 May-24345 658 1,003

Jan-24285581866

0 100 200 300 400 500 600 700 800 900 Listings New

Single-Family Homes Condos 0 500 1,000 1,500 2,000 2,500 202220232024 Closed Sales SFH(YTD) 0 1,000 2,000 3,000 4,000 202220232024 Closed Sales CND(YTD) 0 100 200 300 400 500 202220232024 New Listings SFH(May) 0 200 400 600 800 202220232024 Closed Sales CND(May) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Listings

Pending Sales*

OAHU, HAWAII

(Ameasureofcontractactivityrepresentedbyacountofpropertiesthathavehadoffersacceptedonthemduringagivenmonth)

Mo/Yr

Single-Family HomesCondosTotal

May-214316991,130

Jun-214226661,088

Jul-214336581,091

Aug-214156171,032

Sep-213986291,027

Oct-214006301,030

Nov-21367573940

Dec-21287511798

Jan-22315574889

Feb-22316643959

Mar-223846911,075

Apr-223666631,029

May-22356601957

Jun-22305501806

Jul-22297484781

Aug-22312475787

Sep-22224436660

Oct-22198342540

Nov-22198359557

Dec-22168289457

Jan-23267378645

Feb-23217399616

Mar-23258444702

Apr-23271438709MaySFHYoY%chgCNDYoY%chgMayYTDSFHYoY%chgYTDCNDYoY%chg May-232585077652022356-17.4%601-14.0%20221,737-10.7%3,172-0.5% Jun-232314156462023258-27.5%507-15.6%20231,271-26.8%2,166-31.7%

Jul-23247421668

May 2024

Monthly Pending Sales Year-to-Date Pending Sales

20242600.8%422-16.8% 20241,2982.1%2,070-4.4% Aug-23267425692 Sep-23232371603 Oct-23192325517

Nov-23174308482 Dec-23182290472

May-24260 422 682 *Methodologyupdatedasof2021toreflectacountofpropertiesthatenteredcontractwithinthegivenmonthandremaininescrowstatusattheendofthemonth(alsoappliedtohistoricaldatashownabove). PendingSales,inreportspriorto2021,reflectacountofalllistingsthatheldaPending(P)statusthroughoutthegivenmonth.

Jan-24220376596 Feb-24269390659 Mar-24280439719 Apr-24269443712

0 100 200 300 400 500 600 700 800 Listings Pending Sales Single-Family Homes Condos 0 500 1,000 1,500 2,000 202220232024 Pending Sales SFH(YTD) 0 500 1,000 1,500 2,000 2,500 3,000 3,500 202220232024 Pending Sales CND(YTD) 0 50 100 150 200 250 300 350 400 202220232024 Pending Sales SFH(May) 0 100 200 300 400 500 600 700 202220232024 Pending Sales CND(May) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Active Inventory*

May 2024

OAHU, HAWAII

(ThenumberofpropertiesinActive(A)statusattheendofthegivenmonth)

Mo/Yr

Single-Family HomesCondosTotal

May-213379831,320

Jun-213771,0251,402 Jul-214159691,384

Aug-214169501,366 Sep-214371,0301,467 Oct-214011,0391,440 Nov-213661,0331,399 Dec-213099461,255

Jan-223119671,278 Feb-223489891,337 Mar-223609191,279 Apr-223959171,312 May-224719391,410 Jun-225279981,525 Jul-225761,0501,626 Aug-225961,0731,669

Sep-226291,1411,770 Oct-226561,1941,850

Nov-226821,2441,926

Inventory

Dec-225971,1701,767MaySFHYoY%chgCNDYoY%chg

Jan-235511,1961,747202247139.8%939-4.5% Feb-235471,1771,724202354315.3%1,11819.1%

Mar-235411,1521,693

Apr-235351,1441,679 May-235431,1181,661 Jun-236051,1591,764

Jul-235911,1541,745

Aug-235981,1461,744

Sep-235921,1941,786 Oct-236261,3061,932

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

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

Mar-245811,4932,074 Apr-246181,5762,194 May-24640 1,6512,291

Active Inventory: Single-Family Homes + Condos

Total

Active

202464017.9%1,65147.7%

*Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus. 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 Listings Active Inventory Single-Family Homes Condos 0 500 1,000 Active202220232024 Listings SFH(May) 0 500 1,000 1,500 2,000 Active202220232024 Listings CND(May) 0 500 1,000 1,500 2,000 2,500 May-21May-22May-23May-24 Listings Total Active Inventory Single-Family Homes + Condos Single-Family Homes Condos SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Total Inventory In Escrow*

May 2024

OAHU, HAWAII

(Thenumberofpropertiesundercontractattheendofthegivenmonth/combinedlistingsinCandPstatus)

Mo/Yr

Single-Family HomesCondosTotal

May-217931,1571,950

Jun-217541,0681,822

Jul-217351,0261,761

Aug-217279791,706

Sep-216609511,611

Oct-216639351,598

Nov-216378991,536

Dec-215287841,312

Jan-224987971,295

Feb-225449461,490

Mar-226039801,583

Apr-225929561,548

May-225838561,439

Jun-225097281,237

Jul-224796761,155

Aug-224626541,116

Sep-22388590978

Oct-22345506851

Nov-22319512831

Dec-22278430708MaySFHYoY%chgCNDYoY%chg

Jan-233765238992022583-26.5%856-26.0%

Feb-233865929782023418-28.3%686-19.9%

Mar-23393602995

Apr-234356231,058

May-234186861,104

Jun-23370612982

Jul-23383586969

Aug-23391590981

Sep-23383569952

Oct-23333475808

Nov-23312473785

Dec-23305468773

Jan-24334532866

Feb-244165861,002

Mar-244486471,095 Apr-244456471,092

May-24440 593 1,033 *Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

Inventory In Escrow Single-Family Homes + Condos Single-Family Homes Condos

Total

Single-Family

Inventory In Escrow

Inventory

Escrow:

Homes + Condos

20244405.3%593-13.6%

0 200 400 600 800 1,000 1,200 1,400 Listings

Single-Family

0 200 400 600 800 202220232024 Listings SFH(May) 0 500 1,000 202220232024 Listings CND(May) 0 500 1,000 1,500 2,000 2,500 May-21May-22May-23May-24 Listings Total

Total Inventory In Escrow

Homes Condos

May 2024

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Mo/Yr

Single-Family HomesCondos

May-211.02.1

Jun-211.02.0

Jul-211.11.8

Aug-211.11.7

Sep-211.21.8

Oct-211.11.8

Nov-211.01.7

Dec-210.81.6

Jan-220.81.6

Feb-220.91.6

Mar-221.01.5

Apr-221.11.5

May-221.31.5

Jun-221.51.6

Jul-221.61.7

Aug-221.71.8

Sep-221.92.0

Oct-222.12.1

Nov-222.22.3

Dec-222.12.2MaySFHYoY%chgCNDYoY%chg Jan-232.02.420221.330.0%1.5-28.6%

Mar-232.12.4

Apr-232.12.5

May-232.22.6

Jun-232.62.8

Jul-232.62.8

Aug-232.72.8

Sep-232.73.0

Oct-232.93.3

Nov-233.13.4

Dec-232.83.2

Jan-242.83.5

Feb-242.83.6

Mar-242.74.0

Months Supply of Active Inventory*

Months

of Active Inventory Active Inventory vs. Closed Sales

Supply

Feb-232.02.420232.269.2%2.673.3%

20242.931.8%4.469.2%

Apr-242.84.2 May-242.9 4.4 *Methodologyupdatedasof2021(alsoappliedtohistoricaldatashownonthischart). MonthsofInventory,inreportspriorto2021,reflectacomparisonofactivelistingstoaveragependingsales. 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 Months of Inventory

Months Supply of Active Inventory

0 1 2 3 4 Months202220232024 of Inventory SFH(May) 0 2 4 6 Months202220232024 of Inventory CND(May) 0 200 400 600 800 May-21May-22May-23May-24 Sales/Listings Single-Family Homes Active Closed 0 500 1,000 1,500 2,000 May-21May-22May-23May-24 Sales/Listings Condos Active Closed SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Single-Family Homes Condos

$700,000 - $799,999 1428-50.0%1921-9.5%100.0%99.7%0.3%28280.0%1622-27.3%523836.8%3238-15.8%2.71.942.1%

$800,000 - $899,999 40378.1%1722-22.7%99.9%100.0%-0.1%3645-20.0%3846-17.4%5658-3.4%6077-22.1%1.81.80.0%

$900,000 - $999,999 322910.3%2225-12.0%100.0%97.3%2.8%3944-11.4%3438-10.5%4759-20.3%4950-2.0%1.71.8-5.6%

$1,000,000 - $1,499,999 89103-13.6%1118-38.9%100.0%99.5%0.5%1119516.8%957723.4%15412919.4%16712039.2%2.21.546.7%

$1,500,000 - 1,999,999 302236.4%1122-50.0%100.0%99.1%0.9%554522.2%2136-41.7%1158043.8%3955-29.1%4.13.036.7%

$2,000,000 - $2,999,999 17170.0%2814100.0%96.8%97.7%-0.9%3417100.0%16156.7%755147.1%27263.8%5.03.256.3%

$3,000,000 and above 1113-15.4%595311.3%92.1%95.5%-3.6%242114.3%157114.3%97934.3%211723.5%10.810.34.9% All Single-Family Homes249262-5.0%1421-33.3%100.0%98.7%1.3%34530911.7%2602580.8%64054317.9%4404185.3%2.92.231.8%

$150,000 - $299,999 57553.6%322060.0%95.8%97.5%-1.7%6174-17.6%4569-34.8%17613728.5%5890-35.6%4.02.653.8%

$300,000 - $399,999 896243.5%4116156.3%97.7%100.0%-2.3%93903.3%76751.3%245117109.4%99103-3.9%4.01.7135.3%

$400,000 - $499,999 7980-1.3%18175.9%99.4%100.0%-0.6%1108726.4%6879-13.9%272135101.5%93110-15.5%4.31.8138.9%

$500,000 - $599,999 5573-24.7%231553.3%98.3%99.8%-1.5%9396-3.1%5375-29.3%21012666.7%8598-13.3%3.82.090.0%

$600,000 - $699,999 51510.0%1718-5.6%99.3%99.3%0.0%726314.3%4668-32.4%13311020.9%6792-27.2%2.92.231.8%

$700,000 - $999,999 826918.8%2036-44.4%99.5%98.6%0.9%1158830.7%7283-13.3%24417737.9%102111-8.1%3.92.556.0%

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

May 2024 OAHU, HAWAII (Ayear-over-yearoverviewoftheavailabilityandsalesofpropertiesinagivenmonth,bypricerange) Single-Family HomesMay-24May-23%chgMay-24May-23%chgMay-24May-23%chgMay-24May-23%chgMay-24May-23%chgMay-24May-23%chgMay-24May-23 %chgMay-24May-23%chg $449,999 and below 34-25.0%97237-59.1%93.3%62.8%48.6%10-3250.0%440.0%8560.0%1.32.0-35.0% $450,000

$599,999 4333.3%1135-68.6%100.9%100.5%0.4%7540.0%9580.0%219133.3%181338.5%4.21.5180.0% $600,000 - $699,999 9650.0%2167-68.7%98.6%93.7%5.2%10911.1%131030.0%1922-13.6%191711.8%1.92.4-20.8%

Housing Supply Overview

Condos May-24May-23%chgMay-24May-23%chgMay-24May-23%chgMay-24May-23%chgMay-24May-23%chgMay-24May-23%chgMay-24May-23%chgMay-24May-23%chg

$149,999 and below 231735.3%211190.9%96.7%100.0%-3.3%1618-11.1%916-43.8%4147-12.8%1723-26.1%3.23.4-5.9%

271580.0%1224-50.0%97.7%96.0%1.8%603571.4%352540.0%15211235.7%453432.4%7.65.343.4% $1,500,000 - $1,999,999 79-22.2%3343-23.3%97.1%96.9%0.2%211190.9%13944.4%835940.7%181163.6%11.97.460.8% $2,000,000 and above 8714.3%95147-35.4%96.9%95.4%1.6%1720-15.0%58-37.5%9598-3.1%914-35.7%13.612.310.6% All Condos 4784389.1%252025.0%98.3%99.0%-0.7%65858213.1%422507-16.8%1,6511,11847.7%593686-13.6%4.42.669.2% In Escrow Months Supply of Active Inventory Total Inventory In Escrow Months Supply of Active Inventory Total Inventory Active Inventory Active Inventory Closed SalesMedian Days on Market Percent of Original List Price ReceivedPending Sales Closed SalesMedian Days on Market Percent of Original List Price ReceivedPending Sales New Listings New Listings SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Closed Sales by Price Range: Single-Family Homes May 2024 OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$450,000-$599,9994333.3%6267-7.5% $600,000-$699,9999650.0%1161105.5%

$1,000,000-$1,499,99989103-13.6%8571,037-17.4%

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

Single-Family

12-mth Total This Period 12-mth Total Last Period %chg

HomesMay-24May-23%chg

$449,999andbelow34-25.0%312810.7%

$700,000-$799,9991428-50.0%229236-3.0%

$800,000-$899,99940378.1%389399-2.5% $900,000-$999,999322910.3%328394-16.8%

All Single-Family Homes 249262-5.0%2,6352,906-9.3% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 0 20 40 60 80 100 120 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Closed Sales Sold Price Closed

Homes May-24 May-23 0 200 400 600 800 1,000 1,200 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Closed Sales Sold Price Closed

12-mth

Period

$1,500,000-1,999,999302236.4%3353291.8% $2,000,000-$2,999,99917170.0%180193-6.7% $3,000,000andabove1113-15.4%108113-4.4%

Sales by Price Range 1-mth Period: Single-Family

Total This

12-mth Total

Closed Sales by Price Range: Condos May 2024

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$150,000-$299,99957553.6%525635-17.3%

$600,000-$699,99951510.0%551588-6.3%

$700,000-$999,999826918.8%747849-12.0%

Condos May-24May-23%chg 12-mth Total This Period 12-mth Total Last Period %chg

$149,999andbelow231735.3%154168-8.3%

$300,000-$399,999896243.5%732832-12.0% $400,000-$499,9997980-1.3%764900-15.1% $500,000-$599,9995573-24.7%676768-12.0%

All Condos 4784389.1%4,5505,185-12.2% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 0 10 20 30 40 50 60 70 80 90 100 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Closed Sales Sold Price Closed Sales by Price Range 1-mth Period: Condos May-24 May-23 0 100 200 300 400 500 600 700 800 900 1,000 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Closed Sales Sold Price Closed Sales by Price Range 12-mth Period: Condos 12-mth Total This Period 12-mth Total Last Period SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

$1,000,000-$1,499,999271580.0%241255-5.5% $1,500,000-$1,999,99979-22.2%7995-16.8% $2,000,000andabove8714.3%8195-14.7%

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

May 2024

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

$449,999andbelow97237-59.1%261485.7% $450,000-$599,9991135-68.6%372454.2%

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

$1,000,000-$1,499,9991118-38.9%16156.7% $1,500,000-1,999,9991122-50.0%171241.7%

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

Single-Family HomesMay-24May-23%chg 12-mth Median This Period 12-mth Median Last Period %chg

$600,000-$699,9992167-68.7%342536.0% $700,000-$799,9991921-9.5%25250.0% $800,000-$899,9991722-22.7%261936.8%

$900,000-$999,9992225-12.0%191526.7%

$2,000,000-$2,999,9992814100.0%13130.0%

All Single-Family Homes 1421-33.3%201625.0% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 0 50 100 150 200 250 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Days on Market Sold Price

May-24

0 5 10 15 20 25 30 35 40 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Days on Market Sold Price

$3,000,000andabove595311.3%3738-2.6%

Homes

May-23

Median Days on Market by Price Range: Condos

OAHU, HAWAII

$150,000-$299,999322060.0%271942.1%

$1,000,000-$1,499,9991224-50.0%31303.3%

May 2024

Condos May-24May-23%chg 12-mth Median This Period 12-mth Median Last Period %chg $149,999andbelow211190.9%382740.7%

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

$300,000-$399,9994116156.3%231553.3% $400,000-$499,99918175.9%191346.2% $500,000-$599,999231553.3%201442.9% $600,000-$699,9991718-5.6%231735.3%

$700,000-$999,9992036-44.4%201625.0%

$1,500,000-$1,999,9993343-23.3%483537.1% $2,000,000andabove95147-35.4%593663.9% All Condos 252025.0%231643.8% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 0 20 40 60 80 100 120 140 160 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Days on Market Sold Price Median Days on Market by Price Range 1-mth Period: Condos May-24 May-23 0 10 20 30 40 50 60 70 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Days on Market Sold Price Median Days on

12-mth Period: Condos 12-mth Median This Period 12-mth Median Last Period SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Market

Price Range

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

May 2024

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

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

$449,999andbelow93.3%62.

$700,000-$799,999100.0%99.7%0.3%98.2%98.6%-0.4%

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

12-mth Median This Period 12-mth Median Last Period %chg

Single-Family HomesMay-24May-23%chg

8%48.6%93.3%100.0%-6.7% $450,000-$599,999100.9%100.5%0.4%96.9%97.1%-0.2% $600,000-$699,99998.6%93.7%5.2%97.8%97.1%0.7%

$800,000-$899,99999.9%100.0%-0.1%98.9%99.0%-0.1% $900,000-$999,999100.0%97.3%2.8%99.9%100.0%-0.1%

5%0.5%98.9%100.0%-1.1%

$2,000,000-$2,999,99996.8%97.7%-0.9%100.0%98.7%1.3% $3,000,000andabove92.1%95.5%-3.6%95.7%96.3%-0.6% All Single-Family Homes 100.0%98.7%1.3%98.7%99.8%-1.1%

80.0% 85.0% 90.0% 95.0% 100.0% 105.0% $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Percent Orig. LP Received Sold Price

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

$1,500,000-1,999,999100.0%99.1%0.9%99.0%100.0%-1.0%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Median Percent of Original List Price Received by Price Range: Condos May 2024

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

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

$400,000-$499,99999.4%100.0%-0

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

reflectsthesame12-monthperiodoneyearprior.

Condos May-24May-23%chg 12-mth Median This Period 12-mth Median Last Period %chg

$150,000-$299,99995.8%97.5%-1.7%97.3%98.2%-0.9% $300,000-$399,99997.7%100.0%-2.3%98.5%100.0%-1.5%

$149,999andbelow96.7%100.0%-3.3%93.0%95.6%-2.7%

.6%99.0%100.0%-1.0%

.5%99.0%100.0%-1.0% $600,000-$699,99999.3%99.3%0.0%98.7%99.4%-0.7%

$1,500,000-$1,999,99997.1%96.9%0.2%96.6%95.9%0.7% $2,000,000andabove96.9%95.4%1.6%94.9%96.6%-1.8% All Condos 98.3%99.0%-0.7%98.4%99.4%-1.0% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod

93.0% 94.0% 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Percent Orig. LP Received Sold Price

$500,000-$599,99998.3%99.8%-1

$700,000-$999,99999.5%98.6%0.9%98.9%99.4%-0.5% $1,000,000-$1,499,99997.7%96.0%1.8%96.4%96.3%0.1%

84.0% 86.0% 88.0% 90.0% 92.0% 94.0% 96.0% 98.0% 100.0% 102.0% $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Percent Orig. LP Received Sold Price

Median This Period

12-mth

New Listings by Price Range: Single-Family Homes May 2024 OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

Listings by Price Range

$1,000,000-$1,499,9991119516.8%1,0931,122-2.6%

Single-Family HomesMay-24May-23%chg 12-mth Total This Period 12-mth Total Last Period %chg

$449,999andbelow10-3417100.0%

$450,000-$599,9997540.0%917128.2% $600,000-$699,99910911.1%132139-5.0% $700,000-$799,99928280.0%275280-1.8% $800,000-$899,9993645-20.0%438479-8.6% $900,000-$999,9993944-11.4%422478-11.7%

All Single-Family Homes34530911.7%3,4943,595-2.8% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 0 20 40 60 80 100 120 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above New Listings Original List Price New Listings

1-mth Period: Single-Family Homes May-24 May-23 0 200 400 600 800 1,000 1,200 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above New Listings Original List Price New

12-mth

Homes 12-mth Total This Period 12-mth Total Last Period SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

$1,500,000-1,999,999554522.2%483486-0.6% $2,000,000-$2,999,9993417100.0%2892745.5% $3,000,000andabove242114.3%237249-4.8%

by Price Range

Period: Single-Family

New Listings by Price Range: Condos

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$150,000-$299,9996174-17.6%681767-11.2%

$600,000-$699,999726314.3%7377340.4%

$700,000-$999,9991158830.7%1,0731,108-3.2%

May 2024

Condos May-24May-23%chg 12-mth Total This Period 12-mth Total Last Period %chg

$149,999andbelow1618-11.1%167191-12.6%

$300,000-$399,99993903.3%1,0189892.9% $400,000-$499,9991108726.4%1,1121,0644.5% $500,000-$599,9999396-3.1%9579184.2%

All Condos 65858213.1%6,5686,5700.0% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 0 20 40 60 80 100 120 140 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above New Listings Original List Price New

Condos May-24 May-23 0 200 400 600 800 1,000 1,200 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above New Listings Original List Price New

12-mth Total This Period 12-mth Total Last Period SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

$1,000,000-$1,499,999603571.4%44739513.2% $1,500,000-$1,999,999211190.9%185195-5.1% $2,000,000andabove1720-15.0%191209-8.6%

Listings by Price Range 1-mth Period:

Listings by Price Range 12-mth Period: Condos

Pending Sales by Price Range: Single-Family Homes

May 2024

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

$449,999andbelow3250.0%332913.8%

$450,000-$599,9999580.0%847118.3%

$900,000-$999,9993438-10.5%356399-10.8%

$1,000,000-$1,499,999957723.4%9251,004-7.9% $1,500,000-1,999,9992136-41.7%3403186.9% $2,000,000-$2,999,99916156.7%174188-7.4% $3,000,000andabove157114.3%115123-6.5%

Pending Sales by Price Range 1-mth Period: Single-Family Homes May-24 May-23

List Price

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

List Price

Single-Family

12-mth Total This Period 12-mth Total Last Period %chg

HomesMay-24May-23%chg

$600,000-$699,999131030.0%120134-10.4% $700,000-$799,9991622-27.3%2682631.9% $800,000-$899,9993846-17.4%408444-8.1%

All Single-Family Homes 2602580.8%2,8232,973-5.0% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 0 10 20 30 40 50 60 70 80 90 100 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Pending Sales

Current

0 200 400 600 800 1,000 1,200 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Pending Sales

Current

Pending Sales by Price Range: Condos

May 2024

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

$149,999andbelow916-43.8%155162-4.3%

$150,000-$299,9994569-34.8%515614-16.1%

$300,000-$399,99976751.3%764872-12.4%

$400,000-$499,9996879-13.9%786887-11.4%

$500,000-$599,9995375-29.3%713714-0.1%

$600,000-$699,9994668-32.4%552597-7.5%

$700,000-$999,9997283-13.3%744784-5.1%

$1,000,000-$1,499,999352540.0%2342330.4%

$1,500,000-$1,999,99913944.4%7996-17.7%

$2,000,000andabove58-37.5%8393-10.8%

Period:

Condos

12-mth Total This Period 12-mth Total Last Period %chg

May-24May-23%chg

All Condos 422507-16.8%4,6255,052-8.5%

0 10 20 30 40 50 60 70 80 90 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Pending Sales Current

May-24

0 100 200 300 400 500 600 700 800 900 1,000 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Pending Sales

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

List Price Pending Sales by Price Range 1-mth Period: Condos

May-23

Current List Price

Pending Sales by Price Range 12-mth

Condos 12-mth Total This Period 12-mth Total Last Period

$449,999andbelow440.0%

$450,000-$599,999219133.3%

$600,000-$699,9991922-13.6%

$700,000-$799,999523836.8% $800,000-$899,9995658-3.4%

$2,000,000-$2,999,999755147.1%

$3,000,000andabove97934.3%

$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

(Thenumberofpropertiesactiveonmarketattheendofagivenmonth) Single-Family HomesMay-24May-23YOY chg

Active Inventory* by Price Range: Single-Family Homes May 2024 OAHU, HAWAII

$900,000-$999,9994759-20.3%

Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange)

$1,000,000-$1,499,99915412919.4%

$1,500,000-1,999,9991158043.8%

All Single-Family Homes 64054317.9% *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus. 0 20 40 60 80 100 120 140 160 180 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Active Listings Current List Price Active Inventory by Price Range Single-Family Homes May-24 May-23 2% 11% 22% 38% 27%

MAY-23

4% 11% 16% 42% 27% MAY-24

$150,000-$299,99917613728.5%

$300,000-$399,999245117109.4%

$400,000-$499,999272135101.5%

$500,000-$599,99921012666.7%

$1,500,000-$1,999,999835940.7%

$2,000,000andabove9598-3.1%

$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

Condos May-24May-23YOY chg

Active Inventory* by Price Range: Condos May 2024 OAHU, HAWAII (Thenumberofpropertiesactiveonmarketattheendofagivenmonth)

$149,999andbelow4147-12.8%

$600,000-$699,99913311020.9% $700,000-$999,99924417737.9% Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange)

$1,000,000-$1,499,99915211235.7%

All Condos 1,6511,11847.7% *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus. 0 50 100 150 200 250 300 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000

above Active Listings Current List Price Active Inventory by Price

Condos May-24 May-23 16% 23% 21% 26% 14%

and

Range

MAY-23

13% 31% 21% 24% 11% MAY-24

$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

9399113128133157148143121115127117117130121127121143138114119134113105103

$1,000,000 to $1,999,999 193218226236251243251216207204191201209240229238233247260234235230225253269

$2,000,000 and above 133149166167171162173156146142136147144151152146152152171165170156158168172 Total 471527576596629656682597551547541535543605591598592626672600607599581618640

$299,999 and

$300,000 to $499,999

$500,000 to $699,999

$700,000 to $1,499,999

$1,500,000 and above

Condos M-22J-22J-22A-22S-22O-22N-22D-22J-23F-23M-23A-23M-23J-23J-23A-23S-23O-23N-23D-23J-24F-24M-24A-24M-24

$299,999 and below 187199188176184183189185179185183182184177177170180196177152186185205210217

$300,000 to $499,999 219229238243263267292261277282251251252273272287314352363349386431464497517

$500,000 to $699,999 162171172196250274272245243229251244236252233243234266296264273266280310343

$700,000 to $1,499,999 253271328330317325340318329322308307289309323301304333337315343343364377396

$1,500,000 and above 118128124128127145151161168159159160157148149145162159164154160163180182178 Total 9399981,0501,0731,1411,1941,2441,1701,1961,1771,1521,1441,1181,1591,1541,1461,1941,3061,3371,2341,3481,3881,4931,5761,651 *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Prev

Active Inventory*: Single-Family Homes and Condos

OAHU, HAWAII Single-Family

May 2024

Homes M-22J-22J-22A-22S-22O-22N-22D-22J-23F-23M-23A-23M-23J-23J-23A-23S-23O-23N-23D-23J-24F-24M-24A-24M-24 $599,999 and below 1415128101416151224181513182117151321262525222925 $600,000 to $799,999 38465957648094676562695560666870717182615854636371 $800,000 to $999,999

iousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus. 0 50 100 150 200 250 300 May-22 May-23 May-24 Listings Active Inventory Single-Family Homes

0 100 200 300 400 500 600 May-22 May-23 May-24 Lisings Active Inventory Condos

below

OAHU, HAWAII

$449,999andbelow8560.0%

$450,000-$599,999181338.5%

$600,000-$699,999191711.8%

and above

$1,500,000-1,999,9993955-29.1%

$2,000,000-$2,999,99927263.8%

$3,000,000andabove211723.5%

$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

Total Inventory In Escrow* by Price Range: Single-Family Homes May 2024

Single-Family

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

HomesMay-24May-23YOY chg

Total

$700,000-$799,9993238-15.8% $800,000-$899,9996077-22.1% $900,000-$999,9994950-2.0% $1,000,000-$1,499,99916712039.2%

Inventory In Escrow - Percent Share by Price Range

All Single-Family Homes 4404185.3% *Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata. (portionoftotalinventoryinescrowrepresentedbyagivenprice range) 0 20 40 60 80 100 120 140 160 180 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,000

1,999,999 $2,000,000

$3,000,000

Active Listings Current List Price Total

Escrow

Price Range Single-Family Homes May-24 May-23 4% 13% 31% 42% 10% MAY-23

$2,999,999

Inventory In

6% 11% 25% 47% 11% MAY-24

May-24May-23YOY chg

$149,999andbelow1723-26.1%

$150,000-$299,9995890-35.6%

$300,000-$399,99999103-3.9%

$400,000-$499,99993110-15.5%

$500,000-$599,9998598-13.3%

$600,000-$699,9996792-27.2%

$700,000-$999,999102111-8.1%

$1,000,000-$1,499,999453432.4%

$1,500,000-$1,999,999181163.6%

$2,000,000andabove914-35.7%

and above

$299,999 and below

$300,000 to $499,999

$500,000 to $699,999

$700,000 to $1,499,999

$1,500,000 and above

$299,999 and below

$300,000 to $499,999

$500,000 to $699,999

$700,000 to $1,499,999

$1,500,000 and above

Condos

Total Inventory In Escrow* by Price Range: Condos May 2024 OAHU, HAWAII (Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

Total

Range

Inventory In Escrow - Percent Share by Price

All Condos 593686-13.6% *Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata. (portionoftotalinventoryinescrowrepresentedbyagivenprice range) 0 20 40 60 80 100 120 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000

$1,499,999 $1,500,000

$1,999,999 $2,000,000

Active Listings Current List Price Total

Condos May-24

16% 31% 28% 21% 4%

Inventory In Escrow by Price Range

May-23

MAY-23

13% 32% 26% 25% 4% MAY-24

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

$2,000,000-$2,999,9995.03.256.3%

$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

Months Supply of Active Inventory by Price Range: Single-Family Homes May 2024

Single-Family

chg

HomesMay-24May-23YOY

$449,999andbelow1.32.0-35.0%

$700,000-$799,9992.71.942.1% $800,000-$899,9991.81.80.0% $900,000-$999,9991.71.8-5.6% $1,000,000-$1,499,9992.21.546.7%

$450,000-$599,9994.21.5180.0% $600,000-$699,9991.92.4-20.8%

$1,500,000-1,999,9994.13.036.7%

$3,000,000andabove10.810.34.9% All Single-Family Homes 2.92.231.8% 0 3 6 9 12 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Months of Inventory Current List Price Months Supply of Inventory by Price Range Single-Family Homes May-24 May-23 0 2 4 6 8 May-22May-23May-24 Months of Inventory

Single-Family Homes

Months Supply of Inventory

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

$150,000-$299,9994.02.653.8%

$2,000,000andabove13.612.310.6%

$299,999 and

$300,000 to $499,999

$500,000 to $699,999

$700,000 to $1,499,999

$1,500,000 and above

Months Supply of Active Inventory by Price Range: Condos May 2024

Condos May-24May-23YOY chg

$149,999andbelow3.23.4-5.9%

$500,000-$599,9993.82.090.0% $600,000-$699,9992.92.231.8% $700,000-$999,9993.92.556.0%

$300,000-$399,9994.01.7135.3% $400,000-$499,9994.31.8138.9%

$1,000,000-$1,499,9997.65.343.4% $1,500,000-$1,999,99911.97.460.8%

All Condos 4.42.669.2% 0 3 6 9 12 15 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Months of Inventory Current List Price Months Supply of Inventory by Price Range Condos May-24 May-23 0 2 4 6 8 10 12 14 16 May-22 May-23 May-24 Months of Inventory Months Supply

Condos

of Inventory

below

Closed Sales

Single-Family Homes and Condos

OAHU, HAWAII: Jan 1987 to the Present

0 100 200 300 400 500 600 700 800 900 19871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024 Closed Sales SFH Closed Sales CONDO SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2024. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Median Sales Price

Single-Family Homes and Condos

OAHU, HAWAII: Jan 1987 to the Present

$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000

19871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024 Median Sales Price SFH Median Sales Price CONDO SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2024. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

$1,400,000