Oahu Real Estate Update - December 2022 by List Sotheby's International Realty Hawaii

MONTHLY STATS REPORT

DECEMBER 2 02 2

Executive Summary

December 2022

Year-over-year sales for single-family homes plummeted 46.6%, while condo sales were down 39.3%. The median sales price for a single-family home dipped slightly to $1,049,500, while the median condo sales price rose to $502,500.

In the single-family home market, the $800,000 to $999,999 range saw a whopping 225% increase, with 143 listings available at the end of the year compared to just 44 listings in December 2021. In the condo market, active inventory most significantly increased primarily in the mid to upper price ranges. Year-over-year, active inventory in the $400,000 to $1,999,999 price range rose by 50%.

The percent of original list price received continued to dwindle, with single-family home sellers receiving a median of 96.7% of their asking price in December 2022, falling from 102.1% last year. In the condo market, the median percentage of the original list price received was 98.5% compared to 100.0% in December 2021.

2022 Year-End Stats

In 2022, O‘ahu’s real estate market was marked by transition. The year began similarly to 2021 with intense competition among buyers, with mortgage rates still hovering near historic lows and ended with headwinds when these rates rapidly and sharply rose. Key highlights included:

● In the second quarter of 2022, 63% of single-family homes and 44% of condos closed above the original asking price.

● In May, the single-family home market set a record median price of $1,153,500; in June, the condo market hit a record median of $534,000.

● Mortgage rates continued to rise through the year, with average rates reaching the 7% range in late October and ending 2022 in the mid-6% range.

● In the fourth quarter, the percentage of properties sold above the original asking price had dropped to 29% of single-family home sales and 25% of condo sales.

The year ended with 3,474 single-family home sales, a 23.2% year-over-year decline. The year-end median price climbed to $1,105,000, an 11.6% increase compared to the 2021 annual median price of $990,000.

In 2022, condo sales also fell, ending the year with 6,353 closed sales and down by 11.8%. Year-end sales were still well above pre-pandemic sales volume dating back to 2007. The condo market ended the year with an annual median sales price of $510,000, up 7.4% from a year ago.

Closed sales by price range were mixed. Single-family home sales in the $1,300,000 to $1,599,999 price range increased by 11%, while the most significant decline occurred in the $600,000 to $899,999 range, where sales were down by 47% compared to 2021. At year-end, the condo market showed a 19% dip in sales at the $699,999 and below range. However, condos sold in the $700,000 and up range jumped by 15% compared to the prior year.

Seller and buyer activity waned over the year, with the year-end new listings down 13.5% for singlefamily homes and 8.7% for condos. Still, properties moved quickly, with a year-end median days on the market of 12 days for both markets.

Percent of Original List Price Received (by price range)18-19 New Listings (by price range)20-21

Pending Sales (by price range) 22-23 Active Inventory (by price range) 24-25

Median Sales Price YoY %chg Monthly Indicators 2 Closed Sales3 $1,049,500-0.05%

Price

Closed Sales YoY %chg

202 -46.6%

Average Sales Price YoY %chg

$1,325,156+1.7%

Median Sales Price YoY %chg

$502,500+3.6%

Closed Sales YoY %chg

360 -39.3%

Average Sales Price YoY %chg Historical Graphs 31-32 $576,689-4.6% Price Graphs 33-36 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.® ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Inform ation herein deemed reliable but not guaranteed. CONTENTS: CONDOS

Monthly Housing Statistics December 2022 SINGLE-FAMILY HOMES

Median Sales

4 Average Sales Price 5

Median Days on Market6 Percent of Original List Price Received7

New Listings 8 Pending Sales 9

Active Inventory10 Total Inventory In Escrow11

Months Supply of Active Inventory 12 Housing Supply Overview 13 Closed Sales (by price range)14-15 Median Days on Market (by price range) 16-17

Active Inventory History26 Total Inventory In Escrow (by price range)27-28

Months Supply of Active Inventory (by price range) 29-30

Oahu

December 2022 Dec-22 Dec-21YoY %chgNov-22MoM %chg Dec-22 Dec-21YoY %chgNov-22MoM %chg

Closed Sales 202 378-46.6%1925.2% 360 593-39.3%3405.9%

Median Sales Price $1,049,500 $1,050,000-0.05%$1,149,500-8.7%

$502,500 $485,0003.6%$480,0004.7%

Average Sales Price $1,325,156 $1,303,4811.7%$1,387,685-4.5% $576,689 $604,749-4.6%$594,444-3.0%

Median Days on Market 25 11127.3%1838.9% 21 1361.5%1816.7%

Percent of Orig. List Price Received 96.7% 102.1%-5.3%98.4%-1.7% 98.5% 100.0%-1.5%98.8%-0.3%

New Listings 164 245-33.1%289-43.3% 371 527-29.6%526-29.5%

Pending Sales* 168 287-41.5%198-15.2% 289 511-43.4%359-19.5%

Active Inventory* 597 30993.2%682-12.5% 1,170 94623.7%1,244-5.9% Total Inventory in Escrow* 278 528-47.3%319-12.9% 430 784-45.2%512-16.0%

Months Supply of Active Inventory* 2.1 0.8162.5%2.2-4.5% 2.2 1.637.5%2.3-4.3%

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

OAHU,

Monthly Indicators

HAWAII

Year-to-Date YTD-2022 YTD-20211-yr %chgYTD-20202-yr %chg YTD-2022 YTD-20211-yr %chgYTD-20202-yr %chg Closed Sales 3,474 4,526-23.2%3,838-9.5% 6,353 7,203-11.8%4,70635.0% Median Sales Price $1,105,000 $990,00011.6%$830,00033.1% $510,000 $475,0007.4%$435,00017.2% Average Sales Price $1,381,088 $1,250,11310.5%$1,014,16736.2% $610,446 $558,0679.4%$502,96521.4% Median Days on Market 12 933.3%14-14.3% 12 120.0%24-50.0% Percent of Orig. List Price Received 100.0% 102.0%-2.0%99.3%0.7% 100.0% 100.0%0.0%98.1%1.9% New Listings 4,168 4,817-13.5%4,444-6.2% 7,468 8,176-8.7%7,1125.0% Pending Sales* 3,439 4,667-26.3%4,323-20.4% 6,058 7,472-18.9%5,06919.5% *seefootnotesonpages9-12regardingmethodologyupdates1-yr%chg=percentchangecomparingthecurrentYTDtimeperiodtothesameYTDtimeperiodoneyearago. 2-yr%chg=percentchangecomparingthecurrentYTDtimeperiodtothesameYTDtimeperiodtwoyearsago. Single-Family Homes Condos Single-Family Homes Condos SOURCE:

Honolulu Board of REALTORS®,

Dec-19309428737 Jan-20265379644 Feb-20247316563 Mar-20303410713 Apr-20248343591 May-20248254502 Jun-20302312614 Jul-20361426787 Aug-20370409779 Sep-20391456847 Oct-20345480825 Nov-20338407745 Dec-20420514934 Jan-21291392683 Feb-21260446706 Mar-21361626987 Apr-213756451,020 May-214055981,003 Jun-214517301,181 Jul-214046711,075 Aug-214256751,100 Sep-214246151,039 Oct-21381611992 Monthly Closed Sales

December 2022 OAHU,

HAWAII (Acountofpropertiesthathaveclosedinagivenmonth)

Mo-Yr Single-Family HomesCondosTotal

Closed

Year-to-Date Closed Sales Nov-21371601972DecemberSFHYoY%chgCNDYoY%chgDecemberYTDSFHYoY%chgYTDCNDYoY%chg Dec-21378593971202042035.9%51420.1%20203,8382.3%4,706-13.0% Jan-223265528782021378-10.0%59315.4%20214,52617.9%7,20353.1% Feb-22241486727 2022202-46.6%360-39.3% 2022 3,474-23.2%6,353-11.8% Mar-22321672993 Apr-223656721,037 May-223446881,032 Jun-22357626983 Jul-22312518830 Aug-22314508822 Sep-22278496774 Oct-22222435657 Nov-22192340532 Dec-22202 360 562 Closed Sales 0 100 200 300 400 500 600 700 800 Sales Closed Sales Single-Family Homes Condos

1,000 2,000 3,000 4,000 5,000 202020212022

Sales SFH(YTD) 0 2,000 4,000 6,000 8,000 202020212022

Sales CND(YTD) 0 100 200 300 400 500 202020212022 Closed Sales SFH(Dec) 0 200 400 600 800 202020212022 Closed Sales CND(Dec) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Median

Mo/Yr Single-Family HomesCondos

Dec-19$820,000$425,500

Jan-20$770,000$429,000 Feb-20$765,000$430,000 Mar-20$810,000$435,000 Apr-20$809,000$450,000 May-20$797,000$399,000 Jun-20$770,000$421,500

Jul-20$815,000$440,000 Aug-20$839,000$430,000 Sep-20$880,000$445,000 Oct-20$865,000$439,500

Nov-20$872,500$420,000 Dec-20$870,000$455,000 Jan-21$883,000$452,000 Feb-21$917,500$457,500 Mar-21$950,000$451,000 Apr-21$928,000$450,000 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 Monthly Median Sales Price Year-to-Date Median Sales Price Nov-21$1,050,000$500,000DecemberSFHYoY%chgCNDYoY%chgDecemberYTDSFHYoY%chgYTDCNDYoY%chg Dec-21$1,050,000$485,0002020$870,0006.1%$455,0006.9%2020$830,0005.2%$435,0002.4% Jan-22$1,050,000$510,0002021$1,050,00020.7%$485,0006.6%2021$990,00019.3%$475,0009.2% Feb-22$1,125,000$497,000 2022$1,049,500-0.05% $502,5003.6%2022$1,105,00011.6%$510,0007.4% 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

December 2022 OAHU, HAWAII

(Themediansalespriceofallclosedpropertiesinagivenmonth)

0K 200K 400K 600K 800K 1.0M 1.2M 202020212022 Price ($)

0K 100K 200K 300K 400K 500K 600K

Price

0K 200K 400K 600K 800K 1.0M 1.2M

Price

0K 100K 200K 300K 400K 500K 600K

Price

Sales Price $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Price ($) Median Sales Price Single-Family Homes Condos

SFH(YTD)

202020212022

($) CND(YTD)

202020212022

($) SFH(Dec)

202020212022

($) CND(Dec)

Average

Mo/Yr Single-Family HomesCondos

Dec-19$983,758$576,898 Jan-20$899,689$508,395 Feb-20$974,283$527,836 Mar-20$972,367$528,606 Apr-20$941,708$521,484 May-20$1,003,419$453,220 Jun-20$899,271$481,220 Jul-20$1,016,491$475,346 Aug-20$1,022,449$527,573 Sep-20$1,073,692$545,367 Oct-20$1,065,594$479,736 Nov-20$1,084,834$472,726 Dec-20$1,113,076$504,222 Jan-21$1,050,263$496,296 Feb-21$1,172,804$545,629 Mar-21$1,226,827$530,257 Apr-21$1,194,150$520,192 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 Monthly Average Sales Price

Year-to-Date Average Sales Price Nov-21$1,296,551$559,007DecemberSFHYoY%chgCNDYoY%chgDecemberYTDSFHYoY%chgYTDCNDYoY%chg Dec-21$1,303,481$604,7492020$1,113,07613.1%$504,222-12.6%2020$1,014,1676.3%$502,965-3.2% Jan-22$1,277,309$623,9282021$1,303,48117.1%$604,74919.9%2021$1,250,11323.3%$558,06711.0% Feb-22$1,486,088$583,367 2022$1,325,1561.7%$576,689-4.6% 2022$1,381,08810.5%$610,4469.4% 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

December 2022 OAHU, HAWAII

(Theaveragesalespriceofallclosedpropertiesinagivenmonth)

Homes Condos 0K 500K 1.0M 1.5M 202020212022 Price ($)

0K 200K 400K 600K 800K 202020212022 Price ($)

0K 500K 1.0M 1.5M 202020212022 Price ($)

0K 200K 400K 600K 800K 202020212022 Price ($)

Sales Price $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 Single-Family

SFH(YTD)

CND(YTD)

SFH(Dec)

OAHU, HAWAII

(DaysonMarketrepresentsthenumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted;theMedianDaysonMarketrepresentsthemedianofallsalesinagivenmonth)

Mo/Yr Single-Family HomesCondos

Dec-191830 Jan-203533 Feb-203534 Mar-201523 Apr-201927 May-201323 Jun-202040 Jul-201326 Aug-201523 Sep-20921 Oct-201018 Nov-201016 Dec-201019 Jan-21918 Feb-21918 Mar-21914 Apr-21913 May-21812 Jun-21811 Jul-21911 Aug-21912 Sep-21911 Oct-211011 Monthly Median Days on Market

Median Days on Market

Year-to-Date Median Days on Market Nov-21119DecemberSFHYoY%chgCNDYoY%chgDecemberYTDSFHYoY%chgYTDCNDYoY%chg Dec-211113202010-44.4%19-36.7%202014-36.4%24-4.0% Jan-22121420211110.0%13-31.6%20219-35.7%12-50.0% Feb-221314 202225127.3%2161.5% 20221233.3%120.0% Mar-2299 Apr-221012 May-221010 Jun-221011 Jul-221112 Aug-221313 Sep-221814 Oct-221919 Nov-221818 Dec-2225 21

December

2022

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

Single-Family Homes Condos 0 5 10 15 202020212022 Days on Market SFH(YTD) 0 5 10 15 20 25 30 202020212022 Days on Market CND(YTD) 0 5 10 15 20 25 30 202020212022 Days on Market SFH(Dec) 0 5 10 15 20 25 202020212022 Days on Market CND(Dec)

Percent of Original List Price Received

OAHU, HAWAII

Mo/Yr Single-Family HomesCondos

Dec-1998.5%97.5%

Jan-2097.8%97.6% Feb-2098.3%97.3% Mar-2098.7%98.1% Apr-2098.9%98.1% May-2099.0%97.8% Jun-2098.7%97.7%

Percent of Original List Price Received

104.0%

102.0%

100.0%

106.0% Percent Received

98.0%

96.0%

94.0%

92.0%

Jul-2098.8%97.9% Aug-2098.7%98.3% Sep-20100.0%98.6% Oct-20100.0%98.3% Nov-20100.0%99.0% Dec-20100.0%98.5% Jan-21100.7%98.8% Feb-21100.0%98.8% Mar-21100.4%99.1% Apr-21101.9%99.6% 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% Monthly

Percent Received

Price Received

101.0%

99.0%

97.0%

103.0% 202020212022

Percent Received

CND(Dec)

SFH(Dec) 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202020212022

Single-Family Homes Condos 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202020212022

Price Received Nov-21102.2%100.0%DecemberSFHYoY%chgCNDYoY%chgDecemberYTDSFHYoY%chgYTDCNDYoY%chg Dec-21102.1%100.0%2020100.0%1.5%98.5%1.0%202099.3%1.2%98.1%0.2% Jan-22101.6%100.0%2021102.1%2.1%100.0%1.5%2021102.0%2.7%100.0%1.9% Feb-22100.8%100.0% 202296.7%-5.3%98.5%-1.5% 2022100.0%-2.0%100.0%0.0% 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%

Percent Received

CND(YTD) 95.0%

SFH(YTD) 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202020212022

Percent Received

December 2022

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodindicated)

Percent

Original List

Year-to-Date Percent of Original List

Mo-Yr Single-Family HomesCondosTotal

Jan-204286961,124 Feb-203996391,038 Mar-203906101,000 Apr-20290440730 May-20345509854 Jun-20392598990 Jul-204226571,079 Aug-203876961,083 Sep-20368576944 Oct-203806641,044 Nov-20379561940 Dec-20264466730 Jan-213656591,024 Feb-21322623945 Mar-214397151,154 Apr-214597061,165 May-214306831,113 Jun-214827841,266 Jul-214696641,133 Aug-214607211,181 Sep-214127381,150 Oct-213767171,093

December 2022 OAHU, HAWAII (Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

Dec-19229450679

Monthly New Listings Year-to-Date New Listings Nov-21358639997DecemberSFHYoY%chgCNDYoY%chgDecemberYTDSFHYoY%chgYTDCNDYoY%chg Dec-21245527772202026415.3%4663.6%20204,444-17.7%7,112-14.4% Jan-223206669862021245-7.2%52713.1%20214,8178.4%8,17615.0% Feb-223677391,106 2022164-33.1%371-29.6% 2022 4,168-13.5%7,468-8.7% Mar-224127141,126 Apr-224247221,146 May-224456871,132 Jun-223916861,077 Jul-223866161,002 Aug-22381608989 Sep-22304601905 Oct-22285532817 Nov-22289526815 Dec-22164 371 535 New Listings 0 100 200 300 400 500 600 700 800 900 Listings New Listings Single-Family Homes Condos 0 1,000 2,000 3,000 4,000 5,000 6,000 202020212022 Closed Sales SFH(YTD) 0 2,000 4,000 6,000 8,000 10,000 202020212022 Closed Sales CND(YTD) 0 50 100 150 200 250 300 202020212022 New Listings SFH(Dec) 0 100 200 300 400 500 600 202020212022 Closed Sales CND(Dec) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

(Ameasureofcontractactivityrepresentedbyacountofpropertiesthathavehadoffersacceptedonthemduringagivenmonth )

Mo/Yr Single-Family HomesCondosTotal

Dec-19240319559 Jan-20328405733 Feb-20357449806 Mar-20316379695 Apr-20274234508 May-20337329666 Jun-20423454877 Jul-20422483905 Aug-20410493903 Sep-20389451840 Oct-20358484842 Nov-20394470864 Dec-20315438753 Jan-21329534863 Feb-21365572937 Mar-213706561,026 Apr-214507271,177 May-214316991,130 Jun-214226661,088 Jul-214336581,091 Aug-214156171,032 Sep-213986291,027 Oct-214006301,030 Monthly Pending Sales

Year-to-Date Pending Sales

Nov-21367573940DecemberSFHYoY%chgCNDYoY%chgDecemberYTDSFHYoY%chgYTDCNDYoY%chg Dec-21287511798202031531.3%43837.3%20204,3235.9%5,069-9.0% Jan-223155748892021287-8.9%51116.7%20214,6678.0%7,47247.4% Feb-22316643959 2022168-41.5%289-43.4% 20223,439-26.3%6,058-18.9% Mar-223846911,075 Apr-223666631,029 May-22356601957 Jun-22305501806 Jul-22297484781 Aug-22312475787 Sep-22224436660 Oct-22198342540 Nov-22198359557 Dec-22168

December 2022

OAHU, HAWAII

457 *Methodologyupdatedasof2021toreflectacountofpropertiesthatenteredcontractwithinthegivenmonthandremaininescrowstatusattheendofthemonth(alsoappliedtohistoricaldatashownabove). PendingSales,inreportspriorto2021,reflectacountofalllistingsthatheldaPending(EN)statusthroughoutthegivenmonth. Pending Sales* 0 100 200 300 400 500 600 700 800 Listings

Sales Single-Family Homes Condos 0 1,000 2,000 3,000 4,000 5,000

Pending Sales SFH(YTD) 0 2,000 4,000 6,000 8,000

Pending Sales

0 50 100 150 200 250 300 350 202020212022 Pending Sales SFH(Dec) 0 100 200 300 400 500 600

Pending Sales

289

Pending

202020212022

CND(YTD)

202020212022

Active Inventory*

OAHU, HAWAII

Mo/Yr Single-Family HomesCondosTotal

Dec-198331,6852,518 Jan-208331,7892,622 Feb-208141,7842,598 Mar-208251,8452,670 Apr-208041,8602,664 May-207971,8582,655 Jun-206831,8152,498 Jul-206421,8132,455 Aug-205651,7922,357 Sep-205291,7422,271 Oct-205211,7152,236 Nov-205031,6452,148 Dec-204191,4591,878 Jan-214171,3961,813 Feb-213501,3321,682 Mar-213791,2571,636 Apr-213811,1331,514 May-213379831,320 Jun-213771,0251,402 Active Inventory

Total Active Inventory: Single-Family Homes + Condos Jul-214159691,384DecemberSFHYoY%chgCNDYoY%chg Aug-214169501,3662020419-49.7%1,459-13.4% Sep-214371,0301,4672021309-26.3%946-35.2% Oct-214011,0391,440 202259793.2%1,17023.7% 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-22597

December 2022

(ThenumberofpropertiesinActive(A)statusattheendofthegivenmonth)

*Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandESstatus. 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000 Listings Active Inventory Single-Family Homes Condos 0 500 1,000 Active202020212022 Listings SFH(Dec) 0 1,000 2,000 Active202020212022 Listings CND(Dec) 0 500 1,000 1,500 2,000 2,500 3,000 Dec-19Dec-20Dec-21Dec-22 Listings Total

Homes Condos

1,170 1,767

Active Inventory Single-Family Homes + Condos Single-Family

Total Inventory In Escrow*

December 2022

OAHU, HAWAII

(Thenumberofpropertiesinescrowattheendofthegivenmonth/combinedlistingsinESandENstatus)

Mo/Yr

Single-Family HomesCondosTotal

Dec-194585511,009 Jan-205235771,100 Feb-206087101,318 Mar-205696001,169 Apr-20543455998 May-206255251,150 Jun-207036821,385 Jul-207427141,456 Aug-207487971,545 Sep-207027691,471 Oct-206937571,450 Nov-207118001,511 Dec-205757031,278 Jan-215968371,433 Feb-216979601,657 Mar-216919791,670 Apr-217391,0301,769 May-217931,1571,950 Jun-217541,0681,822 Total Inventory In Escrow

Total Inventory In Escrow

Single-Family Homes Condos

Total Inventory In Escrow

Single-Family Homes + Condos Single-Family Homes Condos

Total Inventory In Escrow: Single-Family Homes + Condos Jul-217351,0261,761DecemberSFHYoY%chgCNDYoY%chg Aug-217279791,706202057525.5%70327.6% Sep-216609511,6112021528-8.2%78411.5% Oct-216639351,598 2022278-47.3%430-45.2% 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-22278 430 708 *Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

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

0 500 1,000 202020212022 Listings

0 500 1,000

SFH(Dec)

CND(Dec)

1,500 2,000 2,500 Dec-19Dec-20Dec-21Dec-22 Listings

Months Supply of Active Inventory* December 2022

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Mo/Yr Single-Family HomesCondos

Dec-192.73.7 Jan-202.73.9 Feb-202.63.9 Mar-202.64.1 Apr-202.64.2 May-202.64.5 Jun-202.24.5 Jul-202.14.6 Aug-201.84.6 Sep-201.74.5 Oct-201.74.4 Nov-201.64.3 Dec-201.33.7 Jan-211.33.6 Feb-211.13.3 Mar-211.23.0 Apr-211.12.5 May-211.02.1 Jun-211.02.0 Months Supply of Active Inventory Active Inventory vs. Closed Sales Jul-211.11.8DecemberSFHYoY%chgCNDYoY%chg Aug-211.11.720201.3-51.9%3.70.0% Sep-211.21.820210.8-38.5%1.6-56.8% Oct-211.11.8 20222.1162.5%2.237.5% 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-222.1 2.2 *Methodologyupdatedasof2021(alsoappliedtohistoricaldatashownonthischart). MonthsofInventory,inreportspriorto2021,reflectacomparisonofactivelistingstoaveragependingsales.

1.5 2.0 2.5 3.0

5.0

0 1 2 3 Months202020212022 of Inventory SFH(Dec) 0 2 4 Months202020212022 of Inventory CND(Dec) 0 200 400 600 800 1,000 Dec-19Dec-20Dec-21Dec-22 Sales/Listings Single-Family Homes Active Closed 0 500 1,000 1,500 2,000 Dec-19Dec-20Dec-21Dec-22 Sales/Listings Condos Active Closed

0.0 0.5 1.0

3.5 4.0 4.5

Months of Inventory Months Supply of Active Inventory Single-Family Homes Condos

Housing Supply Overview

$449,999 and below 13-66.7%651-88.2%96.6%91.3%5.8%21100.0%60-42100.0%124200.0%2.00.4400.0%

$450,000 - $599,999 57-28.6%282512.0%100.2%100.0%0.2%45-20.0%7540.0%11110.0%1622-27.3%1.80.8125.0%

$600,000 - $699,999 1018-44.4%309233.3%94.2%102.2%-7.8%660.0%1011-9.1%266333.3%1929-34.5%2.90.3866.7%

$700,000 - $799,999 2130-30.0%3511218.2%100.0%101.4%-1.4%822-63.6%2028-28.6%4118127.8%3956-30.4%1.90.4375.0%

$800,000 - $899,999 2943-32.6%3110210.0%96.5%101.8%-5.2%2537-32.4%2443-44.2%6918283.3%3778-52.6%2.00.3566.7%

$900,000 - $999,999 2261-63.9%191090.0%99.8%103.8%-3.9%2439-38.5%1846-60.9%7426184.6%3474-54.1%1.80.5260.0%

$1,000,000 - $1,499,999 67132-49.2%2711145.5%95.4%102.2%-6.7%5279-34.2%4991-46.2%14664128.1%69150-54.0%1.40.6133.3%

$1,500,000 - 1,999,999 2545-44.4%231291.7%94.0%104.2%-9.8%2024-16.7%1234-64.7%703789.2%2369-66.7%1.91.090.0%

$2,000,000 - $2,999,999 1422-36.4%1635-54.3%96.7%100.0%-3.3%614-57.1%1417-17.6%614148.8%1625-36.0%3.21.6100.0%

$3,000,000 and above 817-52.9%20195.3%97.7%100.0%-2.3%1718-5.6%812-33.3%958610.5%1321-38.1%7.36.119.7%

All Single-Family Homes202378-46.6%2511127.3%96.7%102.1%-5.3%164245-33.1%168287-41.5%59730993.2%278528-47.3%2.10.8162.5%

$149,999 and below 1219-36.8%1326-50.0%96.0%96.8%-0.8%1217-29.4%14137.7%3440-15.0%2027-25.9%2.11.816.7%

$150,000 - $299,999 5382-35.4%252025.0%96.3%99.9%-3.6%5366-19.7%4256-25.0%151158-4.4%6297-36.1%2.31.735.3%

$300,000 - $399,999 5987-32.2%17166.3%99.0%100.0%-1.0%6394-33.0%5895-38.9%112136-17.6%86134-35.8%1.31.4-7.1%

$400,000 - $499,999 53122-56.6%221283.3%100.0%100.0%0.0%5786-33.7%55100-45.0%14911233.0%78147-46.9%1.61.060.0%

$500,000 - $599,999 6175-18.7%15966.7%100.0%100.0%0.0%3363-47.6%2871-60.6%1246979.7%42105-60.0%1.60.8100.0%

$600,000 - $699,999 4664-28.1%2211100.0%98.5%100.8%-2.3%3765-43.1%3565-46.2%1218936.0%5291-42.9%2.11.361.5%

$700,000 - $999,999 5198-48.0%2311109.1%98.2%100.0%-1.8%5574-25.7%3666-45.5%20413254.5%58102-43.1%2.21.729.4%

$1,000,000 - $1,499,999 1124-54.2%4917188.2%92.4%97.2%-4.9%2729-6.9%1531-51.6%1147160.6%2351-54.9%4.12.846.4%

$1,500,000 - $1,999,999 810-20.0%258212.5%94.9%100.0%-5.1%1920-5.0%17-85.7%785347.2%314-78.6%8.77.614.5%

$2,000,000 and above 612-50.0%13152-91.4%97.2%96.1%1.1%151315.4%57-28.6%8386-3.5%616-62.5%9.29.6-4.2% All Condos360593-39.3%211361.5%98.5%100.0%-1.5%371527-29.6%289511-43.4%1,17094623.7%430784-45.2%2.21.637.5%

December 2022 OAHU, HAWAII (Ayear-over-yearoverviewoftheavailabilityandsalesofpropertiesinagivenmonth,bypricerange)

Single-Family HomesDec-22Dec-21%chgDec-22Dec-21%chgDec-22Dec-21%chgDec-22Dec-21%chgDec-22Dec-21%chgDec-22Dec-21%chgDec-22Dec-21 %chgDec-22Dec-21%chg

Condos Dec-22Dec-21%chgDec-22Dec-21%chgDec-22Dec-21%chgDec-22Dec-21%chgDec-22Dec-21%chgDec-22Dec-21%chgDec-22Dec-21%chgDec-22Dec-21%chg

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

Closed

Sales by Price Range: Single-Family Homes

December 2022

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

Closed Sales by Price Range

Single-Family HomesDec-22Dec-21%chg

$449,999andbelow13-66.7%2059-66.1%

$450,000-$599,99957-28.6%73153-52.3%

Closed Sales

$600,000-$699,9991018-44.4%104293-64.5%

$700,000-$799,9992130-30.0%265520-49.0%

$800,000-$899,9992943-32.6%425681-37.6%

$900,000-$999,9992261-63.9%490588-16.7%

$1,000,000-$1,499,99967132-49.2%1,2731,321-3.6%

$1,500,000-1,999,9992545-44.4%441442-0.2%

$2,000,000-$2,999,9991422-36.4%223296-24.7%

$3,000,000andabove817-52.9%160173-7.5%

1-mth Period: Single-Family Homes

Dec-22 Dec-21 0 200 400 600 800 1,000 1,200 1,400

$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

Sold Price

Closed Sales by Price Range

12-mth Period: Single-Family Homes

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

Closed Sales Sold Price

$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

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

All Single-Family Homes 202378-46.6%3,4744,526-23.2%

reflectsthesame12-monthperiodoneyearprior.

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod

0 20 40 60 80 100 120 140

Closed Sales by Price Range: Condos

December 2022

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

Condos Dec-22Dec-21%chg

12-mth Total This Period

12-mth Total Last Period%chg

$149,999andbelow1219-36.8%186259-28.2%

$150,000-$299,9995382-35.4%7791,120-30.4%

Closed Sales

$300,000-$399,9995987-32.2%9951,172-15.1%

$400,000-$499,99953122-56.6%1,0861,324-18.0%

$500,000-$599,9996175-18.7%9611,048-8.3%

$600,000-$699,9994664-28.1%683833-18.0%

$700,000-$999,9995198-48.0%1,11095716.0%

$1,000,000-$1,499,9991124-54.2%33330011.0%

$1,500,000-$1,999,999810-20.0%1078624.4%

Closed Sales by Price Range

1-mth Period: Condos

$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

Sold Price

Closed Sales by Price Range

12-mth Period: Condos

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

Closed Sales Sold Price

$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

$2,000,000andabove612-50.0%1131048.7% All Condos 360593-39.3%6,3537,203-11.8% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 0 20 40 60 80 100 120 140

Dec-22 Dec-21 0 200 400 600 800 1,000 1,200 1,400

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

December 2022

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

Single-Family HomesDec-22Dec-21%chg

$449,999andbelow651-88.2%814-42.9% $450,000-$599,999282512.0%16977.8%

$600,000-$699,999309233.3%151050.0%

$700,000-$799,9993511218.2%12850.0%

$800,000-$899,9993110210.0%12933.3%

$900,000-$999,999191090.0%11922.2%

Median Days on Market by Price Range

Days on Market Sold Price

1-mth Period: Single-Family Homes Dec-22 Dec-21 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

Median Days on Market by Price Range

12-mth Period: Single-Family Homes

12-mth Median This Period 12-mth Median Last Period SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Days on Market Sold Price

$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

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

reflectsthesame12-monthperiodoneyearprior.

$1,000,000-$1,499,9992711145.5%11922.2% $1,500,000-1,999,999231291.7%121020.0% $2,000,000-$2,999,9991635-54.3%1214-14.3% $3,000,000andabove20195.3%2835-20.0% All Single-Family Homes 2511127.3%12933.3% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod

0 10 20 30 40 50 60

Median Days on Market by Price Range: Condos

December 2022

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

Condos Dec-22Dec-21%chg

12-mth Median This Period

12-mth Median Last Period%chg

$149,999andbelow1326-50.0%2841-31.7%

$150,000-$299,999252025.0%1826-30.8%

$300,000-$399,99917166.3%1314-7.1%

Days on Market

Median Days on Market by Price Range

$400,000-$499,999221283.3%11922.2%

$500,000-$599,99915966.7%10100.0%

$600,000-$699,9992211100.0%10911.1%

$700,000-$999,9992311109.1%111010.0%

$1,000,000-$1,499,9994917188.2%241741.2%

$1,500,000-$1,999,999258212.5%2342-45.2%

$2,000,000andabove13152-91.4%46460.0%

$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

Sold Price

Median Days on Market by Price Range

12-mth Period: Condos

1-mth Period: Condos Dec-22 Dec-21 0 5 10 15 20 25 30 35 40 45 50

12-mth Median This Period 12-mth Median Last Period

Days on Market Sold Price

$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

All Condos 211361.5%12120.0% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 0 20 40 60 80 100 120 140 160

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

Median Percent of Original List Price Received by Price Range

$449,999andbelow96.6%91.3%5.8%100.0%100.0%0.0%

$450,000-$599,999100.2%100.0%0.2%100.0%100.7%-0.7%

$600,000-$699,99994.2%102.2%-7.8%100.0%101.5%-1.5%

Percent Orig. LP Received

$700,000-$799,999100.0%101.4%-1.4%100.7%103.0%-2.2%

$800,000-$899,99996.5%101.8%-5.2%100.1%103.1%-2.9%

$900,000-$999,99999.8%103.8%-3.9%101.0%103.0%-1.9%

$1,000,000-$1,499,99995.4%102.2%-6.7%100.7%102.6%-1.9%

$1,500,000-1,999,99994.0%104.2%-9.8%100.1%101.8%-1.7%

$2,000,000-$2,999,99996.7%100.0%-3.3%100.0%100.0%0.0%

Percent Orig. LP Received

$3,000,000andabove97.7%100.0%-2.3%97.8%96.7%1.1%

110.0%

105.0%

100.0%

95.0%

90.0%

85.0%

80.0%

$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

Sold Price

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

105.0%

100.0%

95.0%

90.0%

85.0%

1-mth Period: Single-Family Homes Dec-22 Dec-21 80.0%

$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

Sold Price

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

Median

December 2022

Period

Single-Family HomesDec-22Dec-21%chg 12-mth Median This

12-mth Median Last Period%chg

All Single-Family Homes 96.7%102.1%-5.3%100.0%102.0%-2.0% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

December 2022

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

Condos Dec-22Dec-21%chg

12-mth Median This Period

12-mth Median Last Period%chg

$149,999andbelow96.0%96.8%-0.8%96.6%94.6%2.1%

$150,000-$299,99996.3%99.9%-3.6%98.8%97.8%1.0%

$300,000-$399,99999.0%100.0%-1.0%100.0%99.0%1.0%

Median Percent of Original List Price Received by Price Range

1-mth Period: Condos

Percent Orig. LP Received

$400,000-$499,999100.0%100.0%0.0%100.0%100.0%0.0%

$500,000-$599,999100.0%100.0%0.0%100.0%100.0%0.0%

$600,000-$699,99998.5%100.8%-2.3%100.0%100.8%-0.8%

$700,000-$999,99998.2%100.0%-1.8%100.0%100.0%0.0%

$1,000,000-$1,499,99992.4%97.2%-4.9%97.6%98.6%-1.0%

$1,500,000-$1,999,99994.9%100.0%-5.1%97.3%95.4%2.0%

Percent Orig. LP Received

$2,000,000andabove97.2%96.1%1.1%95.2%96.4%-1.2%

88.0% 90.0% 92.0% 94.0% 96.0% 98.0% 100.0% 102.0%

Dec-22 Dec-21 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

Sold Price

Median Percent of Original List Price Received by Price Range

12-mth Period: Condos

12-mth Median This Period 12-mth Median Last Period

$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

Sold Price

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

All Condos 98.5%100.0%-1.5%100.0%100.0%0.0% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

OAHU, HAWAII

New Listings by Price Range

$449,999andbelow21100.0%3160-48.3%

$450,000-$599,99945-20.0%74185-60.0%

New Listings

$600,000-$699,999660.0%166354-53.1%

$700,000-$799,999822-63.6%327598-45.3%

$800,000-$899,9992537-32.4%529717-26.2%

$900,000-$999,9992439-38.5%596650-8.3%

$1,000,000-$1,499,9995279-34.2%1,3271,2198.9%

$1,500,000-1,999,9992024-16.7%52246711.8%

New Listings

$2,000,000-$2,999,999614-57.1%3202977.7%

$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

Original List Price

New Listings by Price Range

12-mth Period: Single-Family Homes

1-mth Period: Single-Family Homes Dec-22 Dec-21 0 200 400 600 800 1,000 1,200 1,400

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

$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

Original List Price

New Listings by Price Range: Single-Family Homes December 2022

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth) Single-Family HomesDec-22Dec-21%chg 12-mth Total This Period 12-mth Total Last Period %chg

$3,000,000andabove1718-5.6%2762702.2% All Single-Family Homes164245-33.1%4,1684,817-13.5% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 0 10 20 30 40 50 60 70 80 90

New Listings by Price Range: Condos December 2022

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

Condos Dec-22Dec-21%chg

12-mth Total This Period

12-mth Total Last Period %chg

$149,999andbelow1217-29.4%195258-24.4%

$150,000-$299,9995366-19.7%9271,238-25.1%

New Listings

$300,000-$399,9996394-33.0%1,1291,405-19.6%

$400,000-$499,9995786-33.7%1,2191,458-16.4%

$500,000-$599,9993363-47.6%1,0501,130-7.1%

$600,000-$699,9993765-43.1%824890-7.4%

$700,000-$999,9995574-25.7%1,3111,04225.8%

$1,000,000-$1,499,9992729-6.9%4374009.3%

$1,500,000-$1,999,9991920-5.0%19215127.2%

New Listings

New Listings by Price Range

1-mth Period: Condos

Dec-22 Dec-21 0 200 400 600 800 1,000 1,200 1,400 1,600

$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

Original List Price

New Listings by Price Range

12-mth Period: Condos

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

$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

Original List Price

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

$2,000,000andabove151315.4%184204-9.8% All Condos 371527-29.6%7,4688,176-8.7%

0 10 20 30 40 50 60 70 80 90 100

Pending Sales by Price Range: Single-Family Homes

December 2022

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

Single-Family HomesDec-22Dec-21%chg

$449,999andbelow60-3263-49.2%

$450,000-$599,9997540.0%79195-59.5%

$600,000-$699,9991011-9.1%156381-59.1%

Pending Sales

$700,000-$799,9992028-28.6%307586-47.6%

$800,000-$899,9992443-44.2%467715-34.7%

$900,000-$999,9991846-60.9%508657-22.7%

$1,000,000-$1,499,9994991-46.2%1,1551,194-3.3%

$1,500,000-1,999,9991234-64.7%368441-16.6%

$2,000,000-$2,999,9991417-17.6%220261-15.7%

Pending Sales

$3,000,000andabove812-33.3%147174-15.5%

Pending Sales by Price Range

1-mth Period: Single-Family Homes

Dec-22 Dec-21 0 200 400 600 800 1,000 1,200 1,400

$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

Current List Price

Pending Sales by Price Range

12-mth Period: Single-Family Homes

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

$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

Current List Price

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

All Single-Family Homes 168287-41.5%3,4394,667-26.3% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

0 10 20 30 40 50 60 70 80 90 100

Pending Sales by Price Range: Condos

December 2022

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

Condos

Dec-22Dec-21%chg

12-mth Total This Period

12-mth Total Last Period%chg

$149,999andbelow14137.7%188256-26.6%

$150,000-$299,9994256-25.0%7671,126-31.9%

$300,000-$399,9995895-38.9%1,0281,332-22.8%

Pending Sales

$400,000-$499,99955100-45.0%1,0771,409-23.6%

$500,000-$599,9992871-60.6%8521,089-21.8%

$600,000-$699,9993565-46.2%685852-19.6%

$700,000-$999,9993666-45.5%97488310.3%

$1,000,000-$1,499,9991531-51.6%279313-10.9%

$1,500,000-$1,999,99917-85.7%103967.3%

Pending Sales

Pending Sales by Price Range

1-mth Period: Condos

Dec-22 Dec-21 0 200 400 600 800 1,000 1,200 1,400 1,600

$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

Current List Price

Pending Sales by Price Range

12-mth Period: Condos

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

$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

Current List Price

reflectsthesame12-monthperiodoneyearprior.

$2,000,000andabove57-28.6%105116-9.5% All Condos 289511-43.4%6,0587,472-18.9% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod

0 20 40 60 80 100 120

Active Inventory by Price Range

Single-Family Homes

Dec-22 Dec-21

Active

60 80

0 20

$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

DEC-22

$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 SOURCE: Honolulu Board of REALTORS®,

$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

Active Inventory* by Price Range: Single-Family Homes December 2022

OAHU, HAWAII (Thenumberofpropertiesactiveonmarketattheendofagivenmonth) Single-Family HomesDec-22Dec-21YOY chg

Single-Family Homes 59730993.2%

iousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandES

$449,999andbelow42100.0% $450,000-$599,99911110.0% $600,000-$699,999266333.3% $700,000-$799,9994118127.8% $800,000-$899,9996918283.3% $900,000-$999,9997426184.6% $1,000,000-$1,499,99914664128.1% Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange) $1,500,000-1,999,999703789.2% $2,000,000-$2,999,999614148.8% $3,000,000andabove958610.5% All

*Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Prev

status.

100 120 140 160

Listings Current List Price

4% 8% 14% 33% 41%

DEC-21

3% 11% 24% 36% 26%

Active

OAHU, HAWAII

Active Inventory by Price Range

Condos Dec-22 Dec-21

$149,999andbelow3440-15.0%

$150,000-$299,999151158-4.4%

$300,000-$399,999112136-17.6%

Active

$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

$299,999 and below

$300,000 to $499,999 $500,000 to $699,999

to $1,499,999

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

Inventory* by Price Range: Condos December 2022

(Thenumberofpropertiesactiveonmarketattheendofagivenmonth) Condos Dec-22Dec-21YOY chg

$400,000-$499,99914911233.0% $500,000-$599,9991246979.7% $600,000-$699,9991218936.0% $700,000-$999,99920413254.5% Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange) $1,000,000-$1,499,9991147160.6% $1,500,000-$1,999,999785347.2% $2,000,000andabove8386-3.5% All Condos 1,17094623.7% *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandES status. 0 50 100 150 200 250

Listings Current List Price

21% 26% 17% 21% 15%

DEC-21

16% 22% 21% 27% 14%

DEC-22

$700,000

$1,500,000

Active Inventory Single-Family Homes

$599,999 and below $600,000 to $799,999 $800,000 to $999,999 $1,000,000 to $1,999,999 $2,000,000 and above

181616241922162015131813138111110141512810141615

32453642432436334339393424224038273846595764809467

66735255614460717078625444544952719399113128133157148143

145140112119121105126146145165155135101111139139160193218226236251243251216

158143134139137142139145143142127130127116109120127133149166167171162173156

419417350379381337377415416437401366309311348360395471527576596629656682597

Active Inventory Condos

$299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000 to $1,499,999 $1,500,000 and above

Active Inventory*: Single-Family Homes and Condos December

OAHU,

Single-Family Homes D-20J-21F-21M-21A-21M-21J-21J-21A-21S-21O-21N-21D-21J-22F-22M-22A-22M-22J-22J-22A-22S-22O-22N-22D-22 $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

Condos D-20J-21F-21M-21A-21M-21J-21J-21A-21S-21O-21N-21D-21J-22F-22M-22A-22M-22J-22J-22A-22S-22O-22N-22D-22 $299,999 and below 409423425371313271253227217227218205198188204188194187199188176184183189185 $300,000 to $499,999

$500,000 to $699,999

$700,000 to $1,499,999

$1,500,000 and above

Total

Listings

2022

HAWAII

418408375335316259280272266298302275248250243205194219229238243263267292261

218184161178159132161145142152158189158183183165161162171172196250274272245

240213213212204180193187191206218227203216232232240253271328330317325340318

174168158161141141138138134147143137139130127129128118128124128127145151161

1,4591,3961,3321,2571,1339831,0259699501,0301,0391,0339469679899199179399981,0501,0731,1411,1941,2441,170

Dec-21 Dec-22

0 50 100 150 200 250 300 350

450

400

500 Dec-20 Dec-21 Dec-22 Lisings

December 2022

OAHU, HAWAII

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

Total Inventory In Escrow by Price Range

Single-Family Homes

Dec-22 Dec-21

$449,999andbelow124200.0%

$450,000-$599,9991622-27.3%

$600,000-$699,9991929-34.5%

$700,000-$799,9993956-30.4%

$800,000-$899,9993778-52.6%

$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

$900,000-$999,9993474-54.1%

$1,000,000-$1,499,99969150-54.0%

$1,500,000-1,999,9992369-66.7%

Total Inventory In Escrow - Percent Share by Price Range

DEC-22

$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 SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

$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

Single-Family HomesDec-22Dec-21YOY chg

278528-47.3%

$2,000,000-$2,999,9991625-36.0% $3,000,000andabove1321-38.1% All Single-Family Homes

*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

(portionoftotalinventoryinescrowrepresentedbyagivenprice range) 0 20 40 60 80 100 120 140 160

Active Listings Current List Price

5% 16% 29% 41% 9%

DEC-21

10% 21% 26% 33% 10%

Total Inventory In Escrow* by Price Range: Condos

December 2022

OAHU, HAWAII

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

Total Inventory In Escrow by Price Range

Condos Dec-22Dec-21YOY chg

$149,999andbelow2027-25.9%

$150,000-$299,9996297-36.1%

$300,000-$399,99986134-35.8%

$400,000-$499,99978147-46.9%

$500,000-$599,99942105-60.0%

$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

$600,000-$699,9995291-42.9%

$700,000-$999,99958102-43.1%

$1,000,000-$1,499,9992351-54.9%

Total Inventory In Escrow - Percent Share by Price Range

DEC-22

$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 SOURCE: Honolulu Board of REALTORS®,

DEC-21

$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

$1,500,000-$1,999,999314-78.6% $2,000,000andabove616-62.5% All Condos 430784-45.2% *Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

(portionoftotalinventoryinescrowrepresentedbyagivenprice range) 0 20 40 60 80 100 120 140 160

Active Listings Current List Price

16% 36% 25% 19% 4%

Condos Dec-22 Dec-21

19% 38% 22% 19% 2%

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

December 2022

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Single-Family HomesDec-22Dec-21YOY chg

$449,999andbelow2.00.4400.0%

$450,000-$599,9991.80.8125.0%

$600,000-$699,9992.90.3866.7%

Months of Inventory

$700,000-$799,9991.90.4375.0%

$800,000-$899,9992.00.3566.7%

$900,000-$999,9991.80.5260.0%

$1,000,000-$1,499,9991.40.6133.3%

$1,500,000-1,999,9991.91.090.0%

$2,000,000-$2,999,9993.21.6100.0%

$3,000,000andabove7.36.119.7%

Months Supply of Inventory by Price Range

Single-Family Homes

Dec-22 Dec-21

$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

Current List Price

Months Supply of Inventory

Single-Family Homes

$599,999 and below

$600,000 to $799,999 $800,000 to $999,999 $1,000,000 to $1,999,999 $2,000,000 and above

All Single-Family Homes 2.10.8162.5% 0 3 6 9

2 4 6 8 10 12 Dec-20Dec-21Dec-22 Months of Inventory

Months Supply of Active Inventory by Price Range: Condos

December 2022

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Condos

Dec-22Dec-21YOY chg

$149,999andbelow2.11.816.7%

$150,000-$299,9992.31.735.3%

$300,000-$399,9991.31.4-7.1%

Months of Inventory

Months Supply of Inventory by Price Range

Condos

Dec-22 Dec-21

$400,000-$499,9991.61.060.0%

$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

Current List Price

$500,000-$599,9991.60.8100.0%

$600,000-$699,9992.11.361.5%

$700,000-$999,9992.21.729.4%

$1,000,000-$1,499,9994.12.846.4%

$1,500,000-$1,999,9998.77.614.5%

$2,000,000andabove9.29.6-4.2%

All Condos 2.21.637.5%

Months Supply of Inventory

Condos

$299,999 and below

$300,000 to $499,999 $500,000 to $699,999 $700,000 to $1,499,999 $1,500,000 and above

12 14 16 18 20

0 2 4 6 8 10

22 24 26 28 30 Dec-20 Dec-21 Dec-22 Months of Inventory

Closed Sales

Single-Family Homes and Condos

800

700

600

500

400

300

200

OAHU, HAWAII: Jan 1987 to the Present 0

900 198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022

100

Closed Sales SFH Closed Sales CONDO

Median Sales Price

Single-Family Homes and Condos

$1,200,000

$1,000,000

$800,000

$600,000

$400,000

OAHU, HAWAII: Jan 1987 to the Present $0

Median Sales Price SFH Median Sales Price CONDO

$200,000

$1,400,000 198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022

Single-Family Homes Sold

3 3 10 21 29 22 19 14 14 13 7 4 8 6 4 3 14 8 4 6 18 30 43 61 40 28 27 22 15 13 12 11 6 3 22 17 0 10 20

30 40

60 70 Closed Sales Sold Price ($)

December 2022 vs. December 2021 2022* 2021

Condos Sold

December 2022

December 2021 2022* 2021

vs.

8 14 43 59 53 61 46 30 14 7 19 6 10 23 68 87 122 75 64 50 26 22 34 12 0 20 40 60 80 100 120 140 Closed

Sales Sold Price ($)

Sales

40 53 104 265 425 490 300 282 263 263 165 126 104 86 65 60 223 160 93 119 293 520 681 588 380 297 265 222 157 120 103 107 64 48 296 173 0 100 200 300 400 500 600 700 800 Closed

counts reflect combined monthly "snapshots" of the repor ted MLS data from Jan 1 through Dec 31.

Sales Sold Price ($)

Single-Family Homes Sold Year-End 2022 vs. 2021 2022* 2021 SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

85 260 620 995 1,086 961 683 595 335 180 440 113 129 399 851 1,172 1,324 1,048 833 505 273 179 386 104 0 200 400 600 800

1,400

Sold

Sales counts reflect combined monthly "snapshots" of the repor ted MLS data from Jan 1 through Dec 31.

1,000 1,200

Closed Sales

Price ($)

Condos Sold Year-End 2022 vs. 2021 2022* 2021