Oahu Real Estate Update - March 2023 by List Sotheby's International Realty Hawaii

Executive Summary

O‘ahu’s housing market experienced a boost in activity from February to March, with sales rising approximately 36% month-over-month in both single-family home and condo markets. Although year-over-year sales continued to fall short of 2022 – down 26.5% for single-family homes and 33.9% for condos year-over-year – 236 single-family homes and 444 condos sold in March 2023.

Median sales prices for March 2023 increased from January and February but were mixed compared to a year ago. The monthly median price for single-family homes declined 5.8% from $1,150,000 in March 2022 to $1,083,750 last month. Meanwhile, the condo median sales price in March set a new record of $536,000, 0.4% above the previous record of $534,000 set in June 2022, and a 4.5% rise year-over-year.

In March 2023, 58.5% of single-family home sales closed at $1,000,000 or more, pushing the median sales price above $1 million. However, the $600,000 to $799,999 price range was one of the few to see a year-over-year increase in sales volume, jumping 70.6% from 17 to 29 single-family home sales compared to the same time last year. Meanwhile, the $800,000 to $999,999 price range accounted for more than a quarter of the month’s sales.

Most single-family homes and condos continued to close for less than the original asking price. In March, approximately 35% of single-family homes closed at full asking price or more, compared to around 74% in March 2022. In the condo market, 41% of condos sold at the full asking price or more compared to 65% in March 2022.

Properties sold in March 2023 were on the market longer than those in March 2022. Median days on market for single-family homes was 36 days and for condos 24 days, compared to a 9day median in both markets one year ago.

In the single-family home market, active inventory in the $800,000 to $899,999 range saw the most significant change, with approximately triple the number of listings at 76, compared to 25 a year ago. For condos, the increase in active inventory was mainly in the $400,000 and above range, where the number of available listings increased by 39% year-over-year.

New listing volume improved from February to March, up 25.8% month-over-month for singlefamily homes and 14.5% for condos. Still, new listings continued to see year-over-year declines, and the first quarter ended with total new listings down approximately 28% in both markets compared to the first quarter of 2022.

Pending sales increased from a month ago, with 258 contract signings in the single-family home market and 444 in the condo market. Compared to February, this increased by 18.9% for single-family homes and 11.3% for condos. However, pending sales volume fell short by more than 30% year-over-year in both markets.

MONTHLY STATS REPORT MARCH 2 02 3

Oahu Monthly Housing Statistics

March 2023

Monthly Indicators 2 Median Sales Price YoY %chg Price Graphs 3-4 $1,083,750-5.8% Closed Sales 5 Closed Sales YoY %chg Median Sales Price6 Average Sales Price 7 236 -26.5% Median Days on Market 8 Percent of Original List Price Received 9 Average Sales Price YoY %chg New Listings10 Pending Sales 11 $1,391,538-11.4% 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 $536,000+4.0% 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) 26-27 444 -33.9% 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 $651,630+4.5% 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.® ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed. CONTENTS: CONDOS

SINGLE-FAMILY HOMES

Monthly Indicators OAHU, HAWAII

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

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

March 2023 Mar-23 Mar-22YoY %chgFeb-23MoM %chg Mar-23 Mar-22YoY %chgFeb-23MoM %chg Closed Sales 236 321-26.5%17336.4% 444 672-33.9%32536.6% Median Sales Price $1,083,750 $1,150,000-5.8%$987,0009.8% $536,000 $515,5004.0%$480,00011.7% Average Sales Price $1,391,538 $1,570,668-11.4%$1,427,864-2.5% $651,630 $623,6844.5%$592,13110.0% Median Days on Market 36 9300.0%47-23.4% 24 9166.7%28-14.3% Percent of Orig. List Price Received 96.7% 102.0%-5.2%96.0%0.7% 98.5% 100.0%-1.5%98.0%0.5% New Listings 293 412-28.9%23325.8% 530 714-25.8%46314.5% Pending Sales* 258 384-32.8%21718.9% 444 691-35.7%39911.3% Active Inventory* 541 36050.3%547-1.1% 1,152 91925.4%1,177-2.1% Total Inventory in Escrow* 393 603-34.8%3861.8% 602 980-38.6%5921.7% Months Supply of Active Inventory* 2.1 1.0110.0%2.05.0% 2.4 1.560.0%2.40.0%

Year-to-Date YTD-2023 YTD-20221-yr %chgYTD-20212-yr %chg YTD-2023 YTD-20221-yr %chgYTD-20212-yr %chg Closed Sales 559 888-37.0%912-38.7% 1,044 1,710-38.9%1,464-28.7% Median Sales Price $1,025,000 $1,100,000-6.8%$915,00012.0% $500,000 $510,000-2.0%$455,0009.9% Average Sales Price $1,335,094 $1,437,670-7.1%$1,154,14115.7% $627,071 $612,6422.4%$525,56319.3% Median Days on Market 36 11227.3%9300.0% 25 11127.3%1747.1% Percent of Orig. List Price Received 96.5% 101.5%-4.9%100.4%-3.9% 98.3% 100.0%-1.7%98.9%-0.6% New Listings 794 1,099-27.8%1,126-29.5% 1,516 2,119-28.5%1,997-24.1% Pending Sales* 742 1,015-26.9%1,064-30.3% 1,221 1,908-36.0%1,762-30.7%

Single-Family Homes Condos Single-Family Homes Condos

1 4 15 14 32 32 21 22 15 16 9 8 10 1 4 6 16 10 3 6 5 12 44 54 26 21 21 22 21 13 7 9 5 9 16 27 0 10 20 30 40 50 60 Closed Sales Sold Price ($) Single-Family Homes Sold March 2023 vs. March 2022 2023 2022 SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed. Page 3 of 34

9 19 31 54 80 66 64 39 14 16 46 6 4 28 61 96 122 113 67 70 28 21 49 13 0 20 40 60 80 100 120 140 Closed Sales Sold Price ($) Condos Sold March 2023 vs. March 2022 2023 2022 SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed. Page 4 of 34

Closed Sales

March 2023

OAHU,

(Acountofpropertiesthathaveclosedinagivenmonth)

Mo-Yr

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

HAWAII

Single-Family HomesCondosTotal

Jan-22326552878 Monthly Closed Sales Year-to-Date Closed Sales Feb-22241486727MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-22321672993202136119.1%62652.7%202191211.9%1,46432.5% Apr-223656721,0372022321-11.1%6727.3%2022888-2.6%1,71016.8% May-223446881,032 2023236-26.5%444-33.9% 2023 559-37.0%1,044-38.9% Jun-22357626983 Jul-22312518830 Aug-22314508822 Sep-22278496774 Oct-22222435657 Nov-22192340532 Dec-22202360562 Jan-23150275425 Feb-23173325498 Mar-23236 444 680

Oct-21381611992 Nov-21371601972 Dec-21378593971

0 100 200 300 400 500 600 700 800 Sales Closed Sales Single-Family Homes Condos 0 200 400 600 800 1,000 202120222023 Closed Sales SFH(YTD) 0 500 1,000 1,500 2,000 202120222023 Closed Sales CND(YTD) 0 100 200 300 400 202120222023 Closed Sales SFH(Mar) 0 200 400 600 800 202120222023 Closed Sales CND(Mar)

Median Sales Price

March 2023

OAHU, HAWAII

(Themediansalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

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

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

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

Jan-22$1,050,000$510,000 Monthly Median Sales Price

Year-to-Date Median Sales Price

Feb-22$1,125,000$497,000MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-22$1,150,000$515,5002021$950,00017.3%$451,0003.7%2021$915,00017.3%$455,0005.8% Apr-22$1,105,000$510,0002022$1,150,00021.1%$515,50014.3%2022$1,100,00020.2%$510,00012.1% May-22$1,153,500$516,500 2023$1,083,750-5.8%$536,0004.0% 2023 $1,025,000-6.8%$500,000-2.0% 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

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

0K 200K 400K 600K 800K 1.0M 1.2M 202120222023 Price ($) SFH(YTD) 0K 100K 200K 300K 400K 500K 600K 202120222023 Price ($) CND(YTD) 0K 500K 1.0M 1.5M 202120222023 Price ($) SFH(Mar) 0K 100K 200K 300K 400K 500K 600K 202120222023 Price ($) CND(Mar)

Single-Family Homes Condos

Average Sales Price

March 2023

OAHU, HAWAII

(Theaveragesalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

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

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

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

Average Sales Price

Jan-22$1,277,309$623,928 Monthly Average Sales Price Year-to-Date Average Sales Price Feb-22$1,486,088$583,367MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-22$1,570,668$623,6842021$1,226,82726.2%$530,2570.3%2021$1,154,14121.7%$525,5630.8% Apr-22$1,404,481$613,1892022$1,570,66828.0%$623,68417.6%2022$1,437,67024.6%$612,64216.6% May-22$1,450,008$625,327 2023$1,391,538-11.4%$651,6304.5% 2023$1,335,094 -7.1%$627,0712.4% 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

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

Single-Family Homes Condos 0K 500K 1.0M 1.5M 2.0M 202120222023 Price ($) SFH(YTD) 0K 200K 400K 600K 800K 202120222023 Price ($) CND(YTD) 0K 500K 1.0M 1.5M 2.0M 202120222023 Price ($) SFH(Mar) 0K 200K 400K 600K 800K 202120222023 Price ($) CND(Mar)

Median Days on Market

March 2023

OAHU, HAWAII

(DaysonMarketrepresentsthenumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted;theMedianDaysonMarketrepresentsthemedianofallsalesinagivenmonth)

Single-Family HomesCondos Mar-201523

Nov-21119 Dec-211113 Jan-221214 Monthly Median Days on Market Year-to-Date Median Days on Market Feb-221314MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-229920219-40.0%14-39.1%20219-65.4%17-45.2% Apr-221012202290.0%9-35.7%20221122.2%11-35.3% May-221010 202336300.0%24166.7% 202336227.3%25127.3% Jun-221011 Jul-221112 Aug-221313 Sep-221814 Oct-221919 Nov-221818 Dec-222521 Jan-232424 Feb-234728 Mar-2336 24

Mo/Yr

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

0 5 10 15 20 25 30 35 40 45 50 Days on Market Median Days on Market Single-Family Homes Condos 0 10 20 30 40 202120222023 Days on Market SFH(YTD) 0 5 10 15 20 25 30 202120222023 Days on Market CND(YTD) 0 10 20 30 40 202120222023 Days on Market SFH(Mar) 0 5 10 15 20 25 30 202120222023 Days on Market CND(Mar)

Percent of Original List Price Received

March 2023

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodindicated)

Mo/Yr Single-Family HomesCondos

Mar-2098.7%98.1%

Apr-2098.9%98.1%

May-2099.0%97.8%

Jun-2098.7%97.7%

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%

Percent of Original List Price Received

Monthly Percent of Original List Price Received Year-to-Date Percent of Original List Price Received Feb-22100.8%100.0%MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-22102.0%100.0%2021100.4%1.7%99.1%1.0%2021100.4%2.1%98.9%1.3% Apr-22102.6%100.0%2022102.0%1.6%100.0%0.9%2022101.5%1.1%100.0%1.1% May-22102.2%100.0% 202396.7%-5.2%98.5%-1.5% 202396.5%-4.9%98.3%-1.7% 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% 90.0% 92.0% 94.0% 96.0% 98.0% 100.0% 102.0% 104.0% 106.0% Percent Received

Oct-21102.2%100.0% Nov-21102.2%100.0% Dec-21102.1%100.0% Jan-22101.6%100.0%

Single-Family Homes Condos 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202120222023 Percent Received SFH(YTD) 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202120222023 Percent Received CND(YTD) 95.0% 97.0% 99.0% 101.0% 103.0% 202120222023 Percent Received SFH(Mar) 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202120222023 Percent Received CND(Mar)

New Listings

March 2023

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

Mo-Yr Single-Family HomesCondosTotal

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

Nov-21358639997

Dec-21245527772 Jan-22320666986

Monthly New Listings Year-to-Date New Listings Feb-223677391,106MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-224127141,126202143912.6%71517.2%20211,126-7.5%1,9972.7% Apr-224247221,1462022412-6.2%714-0.1%20221,099-2.4%2,1196.1% May-224456871,132 2023293-28.9%530-25.8% 2023 794-27.8%1,516-28.5% Jun-223916861,077 Jul-223866161,002 Aug-22381608989 Sep-22304601905 Oct-22285532817 Nov-22289526815 Dec-22164371535 Jan-23268523791 Feb-23233463696 Mar-23293 530 823

0 100 200 300 400 500 600 700 800 900 Listings New Listings Single-Family Homes Condos 0 200 400 600 800 1,000 1,200 202120222023 Closed Sales SFH(YTD) 0 500 1,000 1,500 2,000 2,500 202120222023 Closed Sales CND(YTD) 0 100 200 300 400 500 202120222023 New Listings SFH(Mar) 0 200 400 600 800 202120222023 Closed Sales CND(Mar)

Pending Sales*

March 2023

OAHU, HAWAII

(Ameasureofcontractactivityrepresentedbyacountofpropertiesthathavehadoffersacceptedonthemduringagivenmonth)

Mo/Yr Single-Family HomesCondosTotal

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

Sep-22224436660

Oct-22198342540

Nov-22198359557

Dec-22168289457

Jan-23267378645

Feb-23217399616

Mar-23258 444 702

*Methodologyupdatedasof2021toreflectacountofpropertiesthatenteredcontractwithinthegivenmonthandremaininescrowstatusattheendofthemonth(alsoappliedtohistoricaldatashownabove). PendingSales,inreportspriorto2021,reflectacountofalllistingsthatheldaPending(P)statusthroughoutthegivenmonth.

Jan-22315574889 Monthly Pending Sales Year-to-Date Pending Sales Feb-22316643959MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-223846911,075202137017.1%65673.1%20211,0646.3%1,76242.9% Apr-223666631,02920223843.8%6915.3%20221,015-4.6%1,9088.3% May-22356601957 2023258-32.8%444-35.7% 2023742-26.9%1,221-36.0% Jun-22305501806

Nov-21367573940 Dec-21287511798

Jul-22297484781 Aug-22312475787

0 100 200 300 400 500 600 700 800 Listings

Single-Family Homes Condos 0 200 400 600 800 1,000 1,200 202120222023 Pending Sales SFH(YTD) 0 500 1,000 1,500 2,000 2,500 202120222023 Pending Sales CND(YTD) 0 100 200 300 400 500 202120222023 Pending Sales SFH(Mar) 0 200 400 600 800 202120222023 Pending Sales CND(Mar)

Pending Sales

Active Inventory*

March 2023

OAHU, HAWAII

(ThenumberofpropertiesinActive(A)statusattheendofthegivenmonth)

Mo/Yr Single-Family HomesCondosTotal

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

Jul-214159691,384

Aug-214169501,366

Sep-214371,0301,467

Nov-226821,2441,926

Dec-225971,1701,767

Jan-235511,1961,747

Feb-235471,1771,724

Mar-23541 1,152 1,693

*Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus.

Active Inventory

Active Inventory: Single-Family Homes

Condos Oct-214011,0391,440MarchSFHYoY%chgCNDYoY%chg Nov-213661,0331,3992021379-54.1%1,257-31.9% Dec-213099461,2552022360-5.0%919-26.9% Jan-223119671,278 202354150.3%1,15225.4% Feb-223489891,337

Total

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

0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000 Listings Active Inventory Single-Family Homes Condos 0 200 400 600 Active202120222023 Listings SFH(Mar) 0 500 1,000 1,500 Active202120222023 Listings CND(Mar) 0 500 1,000 1,500 2,000 2,500 3,000 Mar-20Mar-21Mar-22Mar-23 Listings Total Active Inventory Single-Family Homes + Condos Single-Family Homes Condos

Total Inventory In Escrow*

March 2023

OAHU, HAWAII

(Thenumberofpropertiesundercontractattheendofthegivenmonth/combinedlistingsinCandPstatus)

Mo/Yr Single-Family HomesCondosTotal

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

Jul-217351,0261,761

Aug-217279791,706

Sep-216609511,611

Total Inventory In Escrow

Total Inventory In Escrow: Single-Family Homes + Condos Oct-216639351,598MarchSFHYoY%chgCNDYoY%chg

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-23393 602 995

*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

Nov-216378991,536202169121.4%97963.2% Dec-215287841,3122022603-12.7%9800.1% Jan-224987971,295 2023393-34.8%602-38.6% Feb-225449461,490

Mar-226039801,583

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

Inventory In Escrow Single-Family Homes Condos 0 500 1,000 202120222023 Listings SFH(Mar) 0 500 1,000 1,500 202120222023 Listings CND(Mar) 0 500 1,000 1,500 2,000 2,500 Mar-20Mar-21Mar-22Mar-23 Listings

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

Total

Months Supply of Active Inventory*

March 2023

OAHU, HAWAII (Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Mo/Yr Single-Family HomesCondos

Mar-202.64.1

Apr-202.64.2

May-202.64.5

Months Supply of Active Inventory

Feb-211.13.3

Aug-211.11.7

Sep-211.21.8 Months Supply of Active Inventory Active Inventory vs. Closed Sales Oct-211.11.8MarchSFHYoY%chgCNDYoY%chg

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

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

Mar-211.23.0 Apr-211.12.5 May-211.02.1 Jun-211.02.0 Jul-211.11.8

Nov-211.01.720211.2-53.8%3.0-26.8% Dec-210.81.620221.0-16.7%1.5-50.0% Jan-220.81.6 20232.1110.0%2.460.0% Feb-220.91.6 Mar-221.01.5 Apr-221.11.5

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-232.1

May-221.31.5 Jun-221.51.6 Jul-221.61.7

2.4

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

Single-Family Homes Condos 0 1 2 3 Months202120222023 of Inventory SFH(Mar) 0 2 4 Months202120222023 of Inventory CND(Mar) 0 200 400 600 800 1,000 Mar-20Mar-21Mar-22Mar-23 Sales/Listings Single-Family Homes Active Closed 0 500 1,000 1,500 2,000 Mar-20Mar-21Mar-22Mar-23 Sales/Listings Condos Active Closed

Housing Supply Overview

March 2023

OAHU,

(Ayear-over-yearoverviewoftheavailabilityandsalesofpropertiesinagivenmonth,bypricerange)

HAWAII

Single-Family HomesMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22 %chgMar-23Mar-22%chg $449,999 and below 12-50.0%4541025.0%101.3%99.0%2.3%14-75.0%04-100.0%42100.0%59-44.4%2.00.5300.0% $450,000 - $599,999 47-42.9%4010300.0%94.9%100.0%-5.1%8714.3%13862.5%14955.6%1819-5.3%2.30.8187.5% $600,000 - $699,999 155200.0%427500.0%95.2%101.6%-6.3%1219-36.8%1219-36.8%2411118.2%1729-41.4%2.40.6300.0% $700,000 - $799,999 141216.7%288250.0%100.9%107.3%-5.9%2532-21.9%1634-52.9%452766.7%3159-47.5%2.10.7200.0% $800,000 - $899,999 3244-27.3%6110510.0%96.8%101.8%-4.9%5355-3.6%3948-18.8%7625204.0%5570-21.4%2.30.5360.0% $900,000 - $999,999 3254-40.7%249166.7%97.7%102.1%-4.3%3461-44.3%3167-53.7%512788.9%5294-44.7%1.40.5180.0% $1,000,000 - $1,499,999 83111-25.2%378362.5%96.2%103.6%-7.2%89118-24.6%92131-29.8%1188637.2%131183-28.4%1.20.771.4% $1,500,000 - 1,999,999 2943-32.6%1213-7.7%100.0%105.8%-5.5%3954-27.8%2939-25.6%735337.7%4168-39.7%2.41.384.6% $2,000,000 - $2,999,999 16160.0%4518150.0%96.3%103.0%-6.5%1330-56.7%1718-5.6%4548-6.3%2839-28.2%2.52.025.0% $3,000,000 and above 1027-63.0%754663.0%91.4%96.7%-5.5%1932-40.6%916-43.8%917226.4%1533-54.5%8.34.584.4% All Single-Family Homes236321-26.5%369300.0%96.7%102.0%-5.2%293412-28.9%258384-32.8%54136050.3%393603-34.8%2.11.0110.0% CondosMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chg $149,999 and below 17166.3%27263.8%96.0%99.3%-3.3%16160.0%1222-45.5%453336.4%2539-35.9%3.21.6100.0% $150,000 - $299,999 4277-45.5%1821-14.3%98.2%98.7%-0.5%5794-39.4%4784-44.0%138155-11.0%75114-34.2%2.41.741.2% $300,000 - $399,999 5496-43.8%2410140.0%98.6%100.0%-1.4%66114-42.1%78110-29.1%106110-3.6%106165-35.8%1.41.127.3% $400,000 - $499,999 80122-34.4%238187.5%100.0%100.2%-0.2%92121-24.0%82136-39.7%1459552.6%101182-44.5%1.80.9100.0% $500,000 - $599,999 66113-41.6%209122.2%99.3%101.7%-2.4%82101-18.8%5993-36.6%1188932.6%81133-39.1%1.71.070.0% $600,000 - $699,999 6467-4.5%239155.6%98.5%101.4%-2.9%6676-13.2%4380-46.3%1337675.0%58108-46.3%2.51.1127.3% $700,000 - $999,999 69119-42.0%249166.7%98.7%101.4%-2.7%85127-33.1%70116-39.7%20415234.2%97152-36.2%2.51.747.1% $1,000,000 - $1,499,999 3138-18.4%518537.5%95.3%100.0%-4.7%3237-13.5%31303.3%1048030.0%3349-32.7%4.32.759.3% $1,500,000 - $1,999,999 151136.4%5316231.3%95.7%100.0%-4.3%1315-13.3%11922.2%655322.6%1421-33.3%7.26.69.1% $2,000,000 and above 613-53.8%854973.5%98.4%94.0%4.7%211361.5%11110.0%947623.7%1217-29.4%10.47.636.8% All Condos444672-33.9%249166.7%98.5%100.0%-1.5%530714-25.8%444691-35.7%1,15291925.4%602980-38.6%2.41.560.0% 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 In Escrow Months Supply of Active Inventory Total Inventory In Escrow Months Supply of Active Inventory Total Inventory

Closed Sales by Price Range: Single-Family Homes

March 2023

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$449,999andbelow12-50.0%2748-43.8%

$450,000-$599,99947-42.9%66127-48.0%

$600,000-$699,999155200.0%114244-53.3%

$700,000-$799,999141216.7%249447-44.3%

$800,000-$899,9993244-27.3%400631-36.6%

$900,000-$999,9993254-40.7%426623-31.6%

$1,000,000-$1,499,99983111-25.2%1,1421,399-18.4%

$1,500,000-1,999,9992943-32.6%373502-25.7%

$2,000,000-$2,999,99916160.0%215286-24.8%

$3,000,000andabove1027-63.0%133195-31.8%

All Single-Family Homes 236321-26.5%3,1454,502-30.1%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

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

Single-Family HomesMar-23Mar-22%chg

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 Sales by Price Range 1-mth Period: Single-Family Homes Mar-23 Mar-22 0 200 400 600 800 1,000 1,200 1,400 1,600 $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 Sales by Price Range 12-mth Period: Single-Family Homes 12-mth Total This Period 12-mth Total Last Period

Closed Sales by Price Range: Condos

March 2023

OAHU, HAWAII (Acountofpropertiesthathaveclosedinagivenmonth)

$149,999andbelow17166.3%169246-31.3%

$150,000-$299,9994277-45.5%6851,112-38.4%

$300,000-$399,9995496-43.8%9061,160-21.9%

$400,000-$499,99980122-34.4%9881,337-26.1%

$500,000-$599,99966113-41.6%8351,081-22.8%

$600,000-$699,9996467-4.5%637846-24.7%

$700,000-$999,99969119-42.0%9741,095-11.1%

$1,000,000-$1,499,9993138-18.4%285355-19.7%

$1,500,000-$1,999,999151136.4%105987.1%

$2,000,000andabove613-53.8%103119-13.4%

All Condos 444672-33.9%5,6877,449-23.7% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Condos Mar-23Mar-22%chg 12-mth Total This Period 12-mth Total Last Period%chg

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 Closed Sales Sold Price Closed Sales by Price Range 1-mth Period: Condos Mar-23 Mar-22 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 Closed Sales Sold Price Closed Sales by Price Range 12-mth Period: Condos 12-mth Total This Period 12-mth Total Last Period

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

March 2023

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted) Single-Family

$449,999andbelow4541025.0%1113-15.4%

Median Days on Market by Price Range

1-mth

$450,000-$599,9994010300.0%181080.0%

$600,000-$699,999427500.0%2210120.0%

$700,000-$799,999288250.0%209122.2%

$800,000-$899,9996110510.0%14955.6%

$900,000-$999,999249166.7%12933.3%

Median Days on Market by Price Range

$1,000,000-$1,499,999378362.5%12933.3%

$1,500,000-1,999,9991213-7.7%121020.0%

$2,000,000-$2,999,9994518150.0%13128.3%

$3,000,000andabove754663.0%2832-12.5%

All Single-Family Homes 369300.0%131030.0%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

HomesMar-23Mar-22%chg 12-mth Median This Period 12-mth Median Last Period%chg

0 10 20 30 40 50 60 70 80 $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

Mar-23 Mar-22 0 5 10 15 20 25 30 35 $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

Period: Single-Family Homes

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

12-mth Period: Single-Family Homes

Median Days on Market by Price Range: Condos

March 2023

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

Median Days on Market by Price Range

$149,999andbelow27263.8%2730-10.0%

$150,000-$299,9991821-14.3%1823-21.7%

$300,000-$399,9992410140.0%14137.7%

$400,000-$499,999238187.5%12933.3%

$500,000-$599,999209122.2%12933.3%

Median

$600,000-$699,999239155.6%14955.6%

$700,000-$999,999249166.7%12933.3%

$1,000,000-$1,499,999518537.5%261844.4%

$1,500,000-$1,999,9995316231.3%3436-5.6%

$2,000,000andabove854973.5%3646-21.7%

All Condos 249166.7%141127.3%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Condos Mar-23Mar-22%chg 12-mth Median This Period 12-mth Median Last Period%chg

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 Days on Market Sold Price

1-mth Period: Condos Mar-23 Mar-22 0 5 10 15 20 25 30 35 40 45 50 $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

Period: Condos 12-mth Median This Period 12-mth Median Last Period

Days on Market by Price Range 12-mth

Median Percent of

OAHU,

Original List Price

Received by Price Range: Single-Family Homes

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

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

$1,500,000-1,999,999100.0%105.8%-5.5%100.0%102.7%-2.6%

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

All Single-Family Homes 96.7%102.0%-5.2%100.0%102.3%-2.2% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

2023

March

HAWAII

Single-Family HomesMar-23Mar-22%chg 12-mth Median This Period 12-mth Median Last Period%chg $449,999andbelow101.3%99.0%2.3%100.0%100.0%0.0% $450,000-$599,99994.9%100.0%-5.1%96.8%100.9%-4.1% $600,000-$699,99995.2%101.6%-6.3%98.1%101.0%-2.9% $700,000-$799,999100.9%107.3%-5.9%100.0%103.0%-2.9% $800,000-$899,99996.8%101.8%-4.9%100.0%103.6%-3.5% $900,000-$999,99997.7%102.1%-4.3%100.0%102.8%-2.7% $1,000,000-$1,499,99996.2%103.6%-7.2%100.0%103.5%-3.4%

$2,000,000-$2,999,99996.3%103.

0%-6.5%100.0%100.0%0.0% $3,000,000andabove91.4%96.7%-5.5%96.9%97.5%-0.6%

80.0% 85.0% 90.0% 95.0% 100.0% 105.0% 110.0% $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

Mar-23 Mar-22 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

Single-Family Homes

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

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

March 2023

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

Median Percent of Original List Price Received by Price Range

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Median Percent of Original List Price Received by Price Range

Condos Mar-23Mar-22%chg 12-mth Median This Period 12-mth Median Last Period%chg $149,999andbelow96.0%99.3%-3.3%96.0%96.3%-0.3% $150,000-$299,99998.2%98.7%-0.5%98.6%98.1%0.5% $300,000-$399,99998.6%100.0%-1.4%100.0%100.0%0.0% $400,000-$499,999100.0%100.2%-0.2%100.0%100.0%0.0% $500,000-$599,99999.3%101.7%-2.4%100.0%100.2%-0.2% $600,000-$699,99998.5%101.4%-2.9%100.0%101.3%-1.3% $700,000-$999,99998.7%101.4%-2.7%100.0%100.1%-0.1% $1,000,000-$1,499,99995.3%100.0%-4.7%97.1%98.5%-1.4% $1,500,000-$1,999,99995.7%100.0%-4.3%96.9%96.4%0.5% $2,000,000andabove98.4%94.0%4.7%95.8%96.0%-0.2%

Condos

90.0% 92.0% 94.0% 96.0% 98.0% 100.0% 102.0% 104.0% $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

All

98.5%100.0%-1.5%100.0%100.0%0.0%

1-mth Period: Condos Mar-23 Mar-22 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

12-mth Period: Condos 12-mth Median This Period 12-mth Median Last Period

New Listings by Price Range: Single-Family Homes

March 2023

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth) Single-Family

$449,999andbelow14-75.0%2447-48.9%

$450,000-$599,9998714.3%78151-48.3%

$600,000-$699,9991219-36.8%156282-44.7%

$700,000-$799,9992532-21.9%291522-44.3%

$800,000-$899,9995355-3.6%504681-26.0%

$900,000-$999,9993461-44.3%539672-19.8%

$1,000,000-$1,499,99989118-24.6%1,2211,326-7.9%

$1,500,000-1,999,9993954-27.8%494518-4.6%

$2,000,000-$2,999,9991330-56.7%291318-8.5%

$3,000,000andabove1932-40.6%265273-2.9%

All Single-Family Homes293412-28.9%3,8634,790-19.4%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

HomesMar-23Mar-22%chg 12-mth Total This Period 12-mth Total Last Period %chg

0 20 40 60 80 100 120 140 $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 by Price Range 1-mth Period: Single-Family Homes Mar-23 Mar-22 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 New Listings Original List Price New Listings by Price Range 12-mth Period: Single-Family Homes 12-mth Total This Period 12-mth Total Last Period

New Listings by Price Range: Condos

March 2023

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$149,999andbelow16160.0%186244-23.8%

$150,000-$299,9995794-39.4%8151,154-29.4%

$300,000-$399,99966114-42.1%1,0191,353-24.7%

$400,000-$499,99992121-24.0%1,1241,461-23.1%

$500,000-$599,99982101-18.8%9401,175-20.0%

$600,000-$699,9996676-13.2%766925-17.2%

$700,000-$999,99985127-33.1%1,2231,1853.2%

$1,000,000-$1,499,9993237-13.5%408434-6.0%

$1,500,000-$1,999,9991315-13.3%18816613.3%

$2,000,000andabove211361.5%196201-2.5%

All Condos 530714-25.8%6,8658,298-17.3% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Condos Mar-23Mar-22%chg 12-mth Total This Period 12-mth Total Last Period %chg

1-mth Period: Condos Mar-23 Mar-22 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 New Listings Original List Price New Listings by Price Range 12-mth Period: Condos 12-mth Total This Period 12-mth Total Last Period

Price Range

Pending Sales by Price Range: Single-Family Homes

March 2023

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

Pending Sales by Price Range

$449,999andbelow04-100.0%2956-48.2%

$450,000-$599,99913862.5%77162-52.5%

$600,000-$699,9991219-36.8%149312-52.2%

$700,000-$799,9991634-52.9%269509-47.2%

$800,000-$899,9993948-18.8%447684-34.6%

$900,000-$999,9993167-53.7%448694-35.4%

Pending Sales by Price Range

$1,000,000-$1,499,99992131-29.8%1,0761,285-16.3%

$1,500,000-1,999,9992939-25.6%337474-28.9%

$2,000,000-$2,999,9991718-5.6%207251-17.5%

$3,000,000andabove916-43.8%127191-33.5%

All Single-Family Homes 258384-32.8%3,1664,618-31.4% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Single-Family HomesMar-23Mar-22%chg 12-mth Total This Period 12-mth Total Last Period%chg

Period: Single-Family Homes Mar-23 Mar-22 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 Pending Sales Current List Price

1-mth

12-mth Period: Single-Family Homes 12-mth Total This Period 12-mth Total Last Period

Pending Sales by Price Range: Condos

March 2023

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

Pending Sales by Price Range

$149,999andbelow1222-45.5%161260-38.1%

$150,000-$299,9994784-44.0%6641,083-38.7%

$300,000-$399,99978110-29.1%9201,301-29.3%

$400,000-$499,99982136-39.7%9311,417-34.3%

$500,000-$599,9995993-36.6%7591,090-30.4%

$600,000-$699,9994380-46.3%612877-30.2%

Pending Sales by Price Range

$700,000-$999,99970116-39.7%8661,017-14.8%

$1,000,000-$1,499,99931303.3%260334-22.2%

$1,500,000-$1,999,99911922.2%101111-9.0%

$2,000,000andabove11110.0%97128-24.2%

All Condos 444691-35.7%5,3717,618-29.5% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Condos Mar-23Mar-22%chg 12-mth Total This Period 12-mth Total Last Period%chg

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 Pending Sales Current List Price

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

Active Inventory* by Price Range: Single-Family Homes

March 2023

OAHU, HAWAII

(Thenumberofpropertiesactiveonmarketattheendofagivenmonth)

Single-Family HomesMar-23Mar-22YOY chg

$449,999andbelow42100.0%

Active Inventory by Price Range

$450,000-$599,99914955.6%

$600,000-$699,9992411118.2%

$700,000-$799,999452766.7%

$800,000-$899,9997625204.0%

$900,000-$999,999512788.9%

$1,000,000-$1,499,9991188637.2%

Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange)

$1,500,000-1,999,999735337.7%

$2,000,000-$2,999,9994548-6.3% $3,000,000andabove917226.4%

All Single-Family Homes 54136050.3%

Single-Family Homes Mar-23 Mar-22 3% 11% 14% 39% 33% MAR-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 3% 13% 24% 35% 25% MAR-23 $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: Condos

March 2023

OAHU, HAWAII

(Thenumberofpropertiesactiveonmarketattheendofagivenmonth)

Condos Mar-23Mar-22YOY chg

$149,999andbelow453336.4%

Active Inventory by Price Range

$150,000-$299,999138155-11.0%

$300,000-$399,999106110-3.6%

$400,000-$499,9991459552.6%

$500,000-$599,9991188932.6%

$600,000-$699,9991337675.0%

$700,000-$999,99920415234.2%

Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange)

$1,000,000-$1,499,9991048030.0%

$1,500,000-$1,999,999655322.6%

$2,000,000andabove947623.7%

All Condos 1,15291925.4% *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandC status.

0 50 100 150 200 250 $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 Active Listings Current List Price

Condos Mar-23 Mar-22 21% 22% 18% 25% 14% MAR-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 16% 22% 22% 26% 14% MAR-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

Active Inventory*: Single-Family Homes and Condos

March 2023

OAHU, HAWAII

iousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus.

Single-Family Homes

$599,999 and below 241922162015131813138111110141512810141615122418 $600,000 to $799,999 42432436334339393424224038273846595764809467656269 $800,000 to $999,999 55614460717078625444544952719399113128133157148143121115127 $1,000,000 to $1,999,999 119121105126146145165155135101111139139160193218226236251243251216207204191 $2,000,000 and above 139137142139145143142127130127116109120127133149166167171162173156146142136 Total 379381337377415416437401366309311348360395471527576596629656682597551547541 Condos

$299,999 and below 371313271253227217227218205198188204188194187199188176184183189185179185183 $300,000 to $499,999 335316259280272266298302275248250243205194219229238243263267292261277282251 $500,000 to $699,999 178159132161145142152158189158183183165161162171172196250274272245243229251 $700,000 to $1,499,999 212204180193187191206218227203216232232240253271328330317325340318329322308 $1,500,000 and above 161141141138138134147143137139130127129128118128124128127145151161168159159 Total 1,2571,1339831,0259699501,0301,0391,0339469679899199179399981,0501,0731,1411,1941,2441,1701,1961,1771,152 *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Prev

0 50 100 150 200 250 300 Mar-21 Mar-22 Mar-23 Listings 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 0 50 100 150 200 250 300 350 400 Mar-21 Mar-22 Mar-23 Lisings 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

M-21A-21M-21J-21J-21A-21S-21O-21N-21D-21J-22F-22M-22A-22M-22J-22J-22A-22S-22O-22N-22D-22J-23F-23M-23

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

2023

OAHU, HAWAII

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

Single-Family HomesMar-23Mar-22YOY chg

$449,999andbelow59-44.4%

Total Inventory In Escrow by Price Range Single-Family

$450,000-$599,9991819-5.3%

$600,000-$699,9991729-41.4%

$700,000-$799,9993159-47.5%

$800,000-$899,9995570-21.4%

$900,000-$999,9995294-44.7%

Total Inventory In Escrow - Percent Share by Price Range

(portionoftotalinventoryinescrowrepresentedbyagivenprice range)

$1,000,000-$1,499,999131183-28.4%

$1,500,000-1,999,9994168-39.7%

$2,000,000-$2,999,9992839-28.2%

*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

$3,000,000andabove1533-54.5% All Single-Family Homes 393603-34.8%

0 20 40 60 80 100 120 140 160 180 200 $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 Active Listings Current List Price

Homes Mar-23 Mar-22 5% 14% 27% 42% 12% MAR-22 $599,999 and below $600,000 to

$800,000 to $999,999 $1,000,000

$2,000,000 and

6% 12% 27% 44% 11% MAR-23 $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

$799,999

to $1,999,999

above

Total Inventory In Escrow* by Price Range: Condos

March 2023

OAHU, HAWAII

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

Condos Mar-23Mar-22YOY chg

Total Inventory In Escrow by Price Range

$149,999andbelow2539-35.9%

$150,000-$299,99975114-34.2%

$300,000-$399,999106165-35.8%

$400,000-$499,999101182-44.5%

$500,000-$599,99981133-39.1%

$600,000-$699,99958108-46.3%

Total Inventory In Escrow - Percent Share by Price Range

(portionoftotalinventoryinescrowrepresentedbyagivenprice range)

$700,000-$999,99997152-36.2%

$1,000,000-$1,499,9993349-32.7%

$1,500,000-$1,999,9991421-33.3%

$2,000,000andabove1217-29.4%

All Condos 602980-38.6%

*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

0 20 40 60 80 100 120 140 160 180 200 $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 Active Listings Current List Price

Condos Mar-23 Mar-22 16% 35% 25% 20% 4% MAR-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 17% 34% 23% 22% 4% MAR-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

Months Supply of Active Inventory by Price Range: Single-Family Homes March 2023

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Single-Family HomesMar-23Mar-22YOY chg

Months Supply of Inventory by Price Range

$449,999andbelow2.00.5300.0%

$450,000-$599,9992.30.8187.5%

$600,000-$699,9992.40.6300.0%

$700,000-$799,9992.10.7200.0%

$800,000-$899,9992.30.5360.0%

$900,000-$999,9991.40.5180.0%

Months Supply of Inventory

SOURCE:

$1,000,000-$1,499,9991.20.771.4% $1,500,000-1,999,9992.41.384.6%

$3,000,000andabove8.34.584.4% All Single-Family Homes 2.11.0110.0% 0 3 6 9 $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

$2,000,000-$2,999,9992.52.025.0%

Single-Family Homes Mar-23 Mar-22 0 2 4 6 8 Mar-21Mar-22Mar-23 Months of Inventory

Single-Family Homes $599,999 and below $600,000 to $799,999 $800,000 to $999,999 $1,000,000

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

and above

Months Supply of Active Inventory by Price Range: Condos

March 2023

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Condos Mar-23Mar-22YOY chg

Months Supply of Inventory by Price Range

$149,999andbelow3.21.6100.0%

$150,000-$299,9992.41.741.2%

$300,000-$399,9991.41.127.3%

$400,000-$499,9991.80.9100.0%

$500,000-$599,9991.71.070.0%

$600,000-$699,9992.51.1127.3%

Months Supply of Inventory

$700,000-$999,9992.51.747.1%

$1,000,000-$1,499,9994.32.759.3%

All Condos 2.41.560.0% 0 3 6 9 12 $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

$1,500,000-$1,999,9997.26.69.1% $2,000,000andabove10.47.636.8%

Condos Mar-23 Mar-22 0 2 4 6 8 10 12 14 16 18 20 22 24 26 Mar-21Mar-22Mar-23 Months of Inventory

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

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

and above

Single-Family Homes and Condos OAHU, HAWAII: Jan 1987 to the Present 0 100 200 300 400 500 600 700 800 900 1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023 Closed Sales SFH Closed Sales CONDO SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Closed Sales

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 $1,400,000 1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023 Median Sales Price SFH Median Sales Price CONDO