Oahu Real Estate Update - August 2024

Page 1


MONTHLY STATS REPORT AUGUST 2024

Year-over-year active inventory of single-family homes rose by 27.1% with 760 active listings and 64% in the condo market with 1,879 active listings last month. August sales were nearly even compared to a year ago, with single-family home sales rising 0.4% – up by one sale – and condo sales declining 5%. Similarly, median sales prices experienced minor changes, with the singlefamily home market ending the month at $1,122,000, up 1.1% from a year ago, while the condo median sales price for August was $500,000, a 2.9% decline from August 2023.

Both markets maintained a steady pace of days on market month over month. Single-family homes that sold in August were on the market for a median of 14 days, while condo sales reflected a median of 28 days. Compared to a year ago, the single-family home median days on market in August was four days quicker, while the condo median increased by 10 days.

In August, 30% of single-family home sales closed above the original asking price, compared to 33% at the same time last year. The condo market also continued to see a smaller share of sales close above the original asking price at just 15% of sales this August, compared to 26% in August 2023.

Active inventory for both single-family homes and condos was higher in most regions. Most singlefamily home inventory could be found in the Diamond Head, ‘Ewa Plain, Leeward, and Metro regions, accounting for more than 50% of active single-family home listings. Many neighborhoods offered more than twice the options in the condo market from a year ago, with the most significant change occurring in the $300,000 to $599,999 range which more than doubled compared to last year, rising from 419 to 847 active units.

Over the last two years, condo inventory across all unit types has increased more than 50%, with the sharpest increases occurring in one- and two-bedroom units, and active inventory during this period reflected an 11% increase in average total monthly fees. While average monthly maintenance costs vary greatly by individual building, these fees have risen for most unit types as a whole.

More new listings came on the market compared to a year ago with 346 single-family homes, up 4.8% year-over-year, and 629 condos or 14.6% more than August 2023. Every region throughout the island offered buyers a selection of new single-family home listings last month. ‘Ewa Plain added the most new listings, 56 for the month, followed by the Diamond Head region at 45 new listings, and the Pearl City region at 39 new listings. In the condo market, new listings in the Metro region rose 13.9% year-over-year with 394 condos listed throughout the month.

Oahu Monthly Housing Statistics

OAHU, HAWAII

*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

August 2024

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

Mo-Yr

Single-Family HomesCondosTotal

Aug-214256751,100

Sep-214246151,039

Oct-21381611992

Nov-21371601972

Dec-21378593971

Jan-22326552878

Feb-22241486727

Mar-22321672993

Apr-223656721,037

May-223446881,032

Jun-22357626983

Jul-22312518830

Aug-22314508822

Sep-22278496774

Oct-22222435657

Nov-22192340532

Dec-22202360562

Jan-23150275425

Feb-23173325498

Mar-23236444680

Apr-23208420628

May-23262438700

Jun-23248470718

Jul-23224422646AugustSFHYoY%chgCNDYoY%chgAugustYTDSFHYoY%chgYTDCNDYoY%chg

Aug-232524226742022314-26.1%508-24.7%20222,580-13.2%4,722-1.3% Sep-232323766082023252-19.7%422-16.9%20231,753-32.1%3,216-31.9% Oct-23213399612

Dec-23182272454

August 2024

OAHU, HAWAII

(Themediansalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Jan-23$970,000$495,000

Feb-23$987,000$480,000

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

Apr-23$999,995$500,000

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

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

Jul-23$1,090,000$500,000AugustSFHYoY%chgCNDYoY%chgAugustYTDSFHYoY%chgYTDCNDYoY%chg

Aug-23$1,110,000$515,0002022$1,125,5007.2%$498,500-0.3%2022$1,113,50016.0%$510,0009.7%

Sep-23$1,050,000$532,5002023$1,110,000-1.4%$515,0003.3%2023$1,050,000-5.7%$502,000-1.6%

Oct-23$1,100,000$515,000 2024$1,122,0001.1%$500,000-2.9% 2024$1,100,0004.8%$508,0001.2%

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

Median Sales Price
Single-Family Homes Condos

August 2024

OAHU,

(Theaveragesalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Jun-23$1,300,456$589,597 Monthly Average Sales Price

Average Sales Price

Year-to-Date

Jul-23$1,270,421$617,683AugustSFHYoY%chgCNDYoY%chgAugustYTDSFHYoY%chgYTDCNDYoY%chg

Aug-23$1,427,996$628,1272022$1,341,9581.9%$547,319-11.5%2022$1,406,35915.2%$607,93210.7%

Sep-23$1,357,981$608,2222023$1,427,9966.4%$628,12714.8%2023$1,325,916-5.7%$616,3971.4%

Oct-23$1,304,757$670,805 2024$1,387,740-2.8%$590,171-6.0%

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

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

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

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

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

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

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

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

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

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

Single-Family Homes Condos

Median Days on Market

August 2024

OAHU, HAWAII

(DaysonMarketrepresentsthenumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted;theMedianDaysonMarketrepresentsthemedianofallsalesinagivenmonth)

Mo/Yr

Aug-21912

Sep-21911

Oct-211011

Nov-21119

Dec-211113

Jan-221214

Feb-221314

Mar-2299

Apr-221012

May-221010 Jun-221011

Nov-221818 Dec-222521

Apr-232420 May-232120

Jun-231718

Median Days on Market
Single-Family Homes Condos

Percent of Original List Price Received

August 2024

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodindicated)

Mo/Yr Single-Family HomesCondos

Aug-21103.0%100.0%

Sep-21103.1%100.0%

Oct-21102.2%100.0%

Nov-21102.2%100.0%

Dec-21102.1%100.0%

Jan-22101.6%100.0%

Feb-22100.8%100.0%

Mar-22102.0%100.0%

Apr-22102.6%100.0%

May-22102.2%100.0%

Jun-22102.0%100.0%

Jul-22100.0%100.0%

Aug-22100.0%100.0%

Sep-2299.2%100.0%

Oct-2299.8%99.0%

Nov-2298.4%98.8%

Dec-2296.7%98.5%

Jan-2395.9%98.4%

Feb-2396.0%98.0%

Mar-2396.7%98.5%

Apr-2398.3%98.7%

May-2398.7%99.0%

Jun-2399.5%98.9%

Percent of Original List Price Received

Jul-23100.0%98.8%AugustSFHYoY%chgCNDYoY%chgAugustYTDSFHYoY%chgYTDCNDYoY%chg

Aug-2399.1%99.6%2022100.0%-2.9%100.0%0.0%2022101.2%-0.7%100.0%0.0% Sep-2399.0%98.8%202399.1%-0.9%99.6%-0.4%202398.3%-2.9%98.7%-1.3%

Oct-2398.0%98.7%

Nov-2397.1%98.0%

Dec-2398.3%97.9%

Single-Family Homes Condos

August 2024

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

Mo-Yr

Single-Family HomesCondosTotal

Aug-214607211,181

Sep-214127381,150

Oct-213767171,093

Nov-21358639997

Dec-21245527772

Jan-22320666986

Feb-223677391,106

Mar-224127141,126

Apr-224247221,146

May-224456871,132

Jun-223916861,077

Jul-223866161,002

Aug-22381608989

Sep-22304601905

Oct-22285532817

Nov-22289526815

Dec-22164371535

Jan-23268523791

Feb-23233463696

Mar-23293530823

Apr-23292532824

May-23309582891

Jun-23324535859

Jul-23275521796AugustSFHYoY%chgCNDYoY%chgAugustYTDSFHYoY%chgYTDCNDYoY%chg Aug-233305498792022381-17.2%608-15.7%20223,126-8.8%5,438-2.1% Sep-232815167972023330-13.4%549-9.7%20232,324-25.7%4,235-22.1% Oct-23272566838

Dec-23180349529

Jan-24285581866 Feb-24295533828 Mar-24291647938

Pending Sales*

August 2024

OAHU, HAWAII

(Ameasureofcontractactivityrepresentedbyacountofpropertiesthathavehadoffersacceptedonthemduringagivenmonth)

Mo/Yr

Single-Family HomesCondosTotal

Aug-214156171,032

Sep-213986291,027

Oct-214006301,030

Nov-21367573940

Dec-21287511798

Jan-22315574889

Feb-22316643959

Mar-223846911,075

Apr-223666631,029

May-22356601957

Jun-22305501806

Jul-22297484781

Aug-22312475787

Sep-22224436660

Oct-22198342540

Nov-22198359557

Dec-22168289457

Jan-23267378645

Feb-23217399616

Mar-23258444702

Apr-23271438709

May-23258507765

Jun-23231415646

Jul-23247421668AugustSFHYoY%chgCNDYoY%chgAugustYTDSFHYoY%chgYTDCNDYoY%chg Aug-232674256922022312-24.8%475-23.0%20222,651-17.5%4,632-9.7% Sep-232323716032023267-14.4%425-10.5%20232,016-24.0%3,427-26.0% Oct-23192325517 2024235-12.0%410-3.5%

Nov-23174308482

Dec-23182290472

Jan-24220376596

Feb-24269390659

Mar-24280439719

Apr-24269443712

*Methodologyupdatedasof2021toreflectacountofpropertiesthatenteredcontractwithinthegivenmonthandremaininesc

PendingSales,inreportspriorto2021,reflectacountofalllistingsthatheldaPending(P)statusthroughoutthegivenmonth.

Single-Family Homes Condos

Active Inventory*

August 2024

OAHU, HAWAII

(ThenumberofpropertiesinActive(A)statusattheendofthegivenmonth)

Mo/Yr

Single-Family HomesCondosTotal

Aug-214169501,366

Sep-214371,0301,467 Oct-214011,0391,440 Nov-213661,0331,399 Dec-213099461,255 Jan-223119671,278 Feb-223489891,337 Mar-223609191,279 Apr-223959171,312 May-224719391,410 Jun-225279981,525 Jul-225761,0501,626 Aug-225961,0731,669 Sep-226291,1411,770 Oct-226561,1941,850 Nov-226821,2441,926

Dec-225971,1701,767

Jan-235511,1961,747

Feb-235471,1771,724

Inventory

Mar-235411,1521,693AugustSFHYoY%chgCNDYoY%chg

Apr-235351,1441,679202259643.3%1,07312.9%

May-235431,1181,66120235980.3%1,1466.8% Jun-236051,1591,764

Jul-235911,1541,745 Aug-235981,1461,744 Sep-235921,1941,786 Oct-236261,3061,932 Nov-236721,3372,009 Dec-236001,2341,834 Jan-246071,3481,955 Feb-245991,3881,987 Mar-245811,4932,074 Apr-246181,5762,194 May-246401,6512,291 Jun-246531,7292,382 Jul-247221,8672,589 Aug-24760 1,879 2,639

*Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Prev

Total Active Inventory Single-Family Homes + Condos Single-Family Homes Condos

Total Inventory In Escrow*

August 2024

OAHU, HAWAII

(Thenumberofpropertiesundercontractattheendofthegivenmonth/combinedlistingsinCandPstatus)

Mo/Yr

Single-Family HomesCondosTotal

Aug-217279791,706

Sep-216609511,611

Oct-216639351,598

Nov-216378991,536

Dec-215287841,312

Jan-224987971,295

Feb-225449461,490

Mar-226039801,583

Apr-225929561,548

May-225838561,439

Jun-225097281,237

Jul-224796761,155

Aug-224626541,116

Sep-22388590978

Oct-22345506851

Nov-22319512831

Dec-22278430708

Jan-23376523899

Feb-23386592978

Mar-23393602995AugustSFHYoY%chgCNDYoY%chg

Apr-234356231,0582022462-36.5%654-33.2%

May-234186861,1042023391-15.4%590-9.8%

Jun-23370612982

Jul-23383586969

Aug-23391590981

Sep-23383569952

Oct-23333475808

Nov-23312473785

Dec-23305468773

Jan-24334532866

Feb-244165861,002

Mar-244486471,095

Apr-244456471,092

May-244405931,033

Jun-244336071,040

Jul-24409580989

Aug-24380 581 961 *Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

Total Inventory In Escrow Single-Family Homes Condos

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

Months Supply of Active Inventory*

August 2024

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Mo/Yr

Single-Family HomesCondos

Aug-211.11.7

Sep-211.21.8

Oct-211.11.8

Nov-211.01.7

Dec-210.81.6

Jan-220.81.6

Feb-220.91.6

Mar-221.01.5

Apr-221.11.5

May-221.31.5

Jun-221.51.6

Jul-221.61.7

Aug-221.71.8

Sep-221.92.0

Oct-222.12.1

Nov-222.22.3

Dec-222.12.2

Jan-232.02.4

Feb-232.02.4

Mar-232.12.4AugustSFHYoY%chgCNDYoY%chg

Apr-232.12.520221.754.5%1.85.9%

Jun-232.62.8

Jul-232.62.8

Aug-232.72.8

Sep-232.73.0

Oct-232.93.3

Nov-233.13.4

Dec-232.83.2

Jan-242.83.5

Feb-242.83.6

Mar-242.74.0

Apr-242.84.2

May-242.94.4

Jun-243.04.7

Jul-243.25.1

Aug-243.4 5.1

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

Single-Family Homes Condos
Condos

- $599,999 8633.3%1238-68.4%99.1%93.0%6.6%135160.0%9812.5%211361.5%1517-11.8%3.52.634.6%

$600,000 - $699,999 913-30.8%2343-46.5%100.0%94.6%5.7%915-40.0%812-33.3%2631-16.1%1617-5.9%2.93.1-6.5%

$700,000 - $799,999 2021-4.8%1323-43.5%99.7%99.2%0.5%2231-29.0%2030-33.3%553941.0%3847-19.1%2.92.138.1%

$800,000 - $899,999 2935-17.1%1119-42.1%100.0%100.0%0.0%3943-9.3%3036-16.7%766910.1%4353-18.9%2.52.119.0%

$900,000 - $999,999 2736-25.0%1026-61.5%100.0%98.4%1.6%3841-7.3%2829-3.4%59581.7%47439.3%2.32.19.5%

$1,000,000 - $1,499,999 937524.0%161323.1%99.1%100.0%-0.9%1189919.2%8492-8.7%19614634.2%129130-0.8%2.52.025.0%

$1,500,000 - 1,999,999 3132-3.1%1014-28.6%100.3%100.3%0.0%575014.0%322910.3%1299240.2%524030.0%4.83.729.7%

$2,000,000 - $2,999,999 18175.9%191090.0%96.7%100.0%-3.3%26248.3%161414.3%765733.3%21205.0%5.14.124.4%

$3,000,000 and above 171513.3%726216.1%92.4%96.0%-3.7%23219.5%514-64.3%1188932.6%1119-42.1%11.89.919.2% All Single-Family Homes2532520.4%1418-22.2%99.5%99.1%0.4%3463304.8%235267-12.0%76059827.1%380391-2.8%3.42.725.9%

$300,000 - $399,999 696211.3%321788.2%97.9%100.0%-2.1%948116.0%675815.5%292139110.1%978119.8%4.92.1133.3%

$400,000 - $499,999 7175-5.3%2814100.0%99.0%100.0%-1.0%1121056.7%857513.3%305148106.1%1121038.7%5.02.1138.1%

$500,000 - $599,999 6076-21.1%351984.2%97.7%100.0%-2.3%8994-5.3%5772-20.8%25013289.4%8490-6.7%4.72.2113.6%

$600,000 - $699,999 3455-38.2%1618-11.1%99.5%99.2%0.3%766320.6%484311.6%14911134.2%63621.6%3.72.360.9%

$700,000 - $999,999 67636.3%272317.4%98.8%100.0%-1.2%1137844.9%6373-13.7%30419853.5%9299-7.1%4.93.158.1% $1,000,000 - $1,499,999

$1,500,000

Closed Sales by Price Range: Single-Family Homes

August 2024 OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$450,000-$599,9998633.3%765831.0%

Sales by Price Range

$900,000-$999,9992736-25.0%311338-8.0%

$1,000,000-$1,499,999937524.0%9368924.9%

Closed Sales by Price Range: Condos August 2024

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$150,000-$299,99946444.5%504589-14.4%

$300,000-$399,999696211.3%710796-10.8% $400,000-$499,9997175-5.3%732831-11.9% $500,000-$599,9996076-21.1%637716-11.0%

$600,000-$699,9993455-38.2%484574-15.7%

$700,000-$999,99967636.3%747752-0.7%

$1,000,000-$1,499,999231827.8%2572397.5%

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

August 2024

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

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

$449,999andbelow27654411.1%2526-3.8%

$450,000-$599,9991238-68.4%3146-32.6%

$600,000-$699,9992343-46.5%3437-8.1%

$700,000-$799,9991323-43.5%2229-24.1%

$800,000-$899,9991119-42.1%2426-7.7%

$900,000-$999,9991026-61.5%1421-33.3%

$1,000,000-$1,499,999161323.1%1518-16.7%

$1,500,000-1,999,9991014-28.6%171421.4%

$2,000,000-$2,999,999191090.0%1516-6.3%

$3,000,000andabove726216.1%3546-23.9%

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

Median Days on Market by Price Range: Condos August 2024

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

$149,999andbelow2978-62.8%29283.6%

$150,000-$299,9994113215.4%332065.0% $300,000-$399,999321788.2%291952.6%

Median Days on Market by Price Range

$700,000-$999,999272317.4%2021-4.8%

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

August 2024

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated) Single-Family

$449,999andbelow92.3%98.7%-6.5%93.3%97.2%-4.0%

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

$700,000-$799,99999.7%99.2%0.5%98.3%98.0%0.3%

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

August 2024

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

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

$149,999andbelow95.7%84.

$400,000-$499,99999.0%100.0%-1

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

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

New Listings by Price Range: Single-Family Homes August

2024

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$450,000-$599,999135160.0%917915.2%

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

$1,000,000-$1,499,9991189919.2%1,1671,02314.1%

List

New Listings by Price Range: Condos

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$150,000-$299,9995765-12.3%683714-4.3%

$700,000-$999,9991137844.9%1,18398620.0%

Listings by Price Range 12-mth Period: Condos 12-mth Total This Period 12-mth Total Last Period

Pending Sales by Price Range: Single-Family Homes

August 2024

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

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

$449,999andbelow330.0%322910.3%

$450,000-$599,9999812.5%887123.9% $600,000-$699,999812-33.3%119130-8.5% $700,000-$799,9992030-33.3%258261-1.1%

$800,000-$899,9993036-16.7%378431-12.3%

$900,000-$999,9992829-3.4%361362-0.3%

$1,000,000-$1,499,9998492-8.7%9449103.7%

$1,500,000-1,999,999322910.3%35730815.9%

$2,000,000-$2,999,999161414.3%1761741.1%

$3,000,000andabove514-64.3%108128-15.6%

List Price

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

List Price

Pending Sales by Price Range: Condos

August 2024

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

$149,999andbelow814-42.9%143156-8.3%

$150,000-$299,9993948-18.8%490589-16.8%

$300,000-$399,999675815.5%775811-4.4%

$400,000-$499,999857513.3%788830-5.1%

$500,000-$599,9995772-20.8%672718-6.4%

$600,000-$699,999484311.6%512602-15.0%

$700,000-$999,9996373-13.7%7397242.1%

$1,000,000-$1,499,999292516.0%2562339.9%

$1,500,000-$1,999,999810-20.0%9294-2.1%

$2,000,000andabove67-14.3%7296-25.0%

Pending Sales by Price Range 12-mth Period: Condos

List Price

$450,000-$599,999211361.5%

$600,000-$699,9992631-16.1%

$700,000-$799,999553941.0% $800,000-$899,999766910.1%

$2,000,000-$2,999,999765733.3%

$3,000,000andabove1188932.6%

status.

$599,999 and below

$600,000 to $799,999

$800,000 to $999,999

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

$2,000,000 and above

$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

Inventory by Price Range

$150,000-$299,99920112659.5%

$300,000-$399,999292139110.1%

$400,000-$499,999305148106.1% $500,000-$599,99925013289.4%

$1,500,000-$1,999,999735825.9%

$2,000,000andabove89872.3%

status.

$299,999 and below

$300,000 to $499,999

$500,000 to $699,999

$700,000 to $1,499,999

$1,500,000 and above

AUG-23

$299,999 and below

$300,000 to $499,999

$500,000 to $699,999

$700,000 to $1,499,999

$1,500,000 and above

$599,999

$600,000 to $799,999

$800,000 to $999,999

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

$2,000,000 and above

$299,999

$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 176184183189185179185183182184177177170180196177152186185205210217223245253 $300,000

iousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus.

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

August 2024

OAHU, HAWAII

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

Single-Family HomesAug-24Aug-23YOY chg

$449,999andbelow8560.0%

$450,000-$599,9991517-11.8%

$600,000-$699,9991617-5.9%

$700,000-$799,9993847-19.1%

$800,000-$899,9994353-18.9%

$900,000-$999,99947439.3%

$1,000,000-$1,499,999129130-0.8%

$1,500,000-1,999,999524030.0%

$2,000,000-$2,999,99921205.0%

$3,000,000andabove1119-42.1%

Total Inventory In Escrow by Price Range

Homes

and above

Inventory In Escrow - Percent Share by Price Range

$599,999 and below

$600,000 to $799,999

$800,000 to $999,999

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

$2,000,000 and above

$599,999 and below

$600,000 to $799,999

$800,000 to $999,999

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

$2,000,000 and above

OAHU, HAWAII

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

Aug-24Aug-23YOY chg

$149,999andbelow1219-36.8%

$150,000-$299,9995581-32.1%

$300,000-$399,999978119.8%

$400,000-$499,9991121038.7%

$500,000-$599,9998490-6.7%

$600,000-$699,99963621.6%

$700,000-$999,9999299-7.1%

$1,000,000-$1,499,999453528.6%

$1,500,000-$1,999,999131030.0%

$2,000,000andabove810-20.0%

List Price Total Inventory In Escrow by Price Range Condos Aug-24 Aug-23

$299,999 and below

$300,000 to $499,999

$500,000 to $699,999

$700,000 to $1,499,999

$1,500,000 and above

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)

$449,999andbelow2.02.00.0%

$450,000-$599,9993.52.634.6%

$600,000-$699,9992.93.1-6.5% $700,000-$799,9992.92.138.1%

$1,500,000-1,999,9994.83.729.7%

$2,000,000-$2,999,9995.14.124.4% $3,000,000andabove11.89.919.2%

$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: Condos August 2024

OAHU, HAWAII

$150,000-$299,9994.82.684.6%

$300,000-$399,9994.92.1133.3%

$1,500,000-$1,999,99910.47.342.5%

$2,000,000andabove14.810.935.8%

$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

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