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

Executive Summary

According to resales figures released today by the Honolulu Board of REALTORS®, April singlefamily home and condo sales slipped 43.0% and 37.5%, respectively, year-over-year. Compared to March, the slump in sales was less severe, with a 11.9% drop in single-family home sales and 5.4% for condos. Despite fewer sales, properties that sold in April spent less time on market than one month ago. The median days on market for condos was 20 days in April compared to 24 days in March and 24 days for single-family homes compared to a 36-day median in March.

Single-family home sales in the $800,000 to $999,999 price range continued to see the highest sales volume, accounting for nearly one-third of sales in April. Meanwhile, single-family home sales in the $2,000,000 and above price range plummeted 63% from last year. Most condos sold in the $300,000 to $399,999 price range, accounting for 18.3% of sales in April. However, nearly all price points experienced a drop in condo sales from a year ago.

The median sales price also saw modest declines in both single-family home and condo markets. The single-family home median sales price for April 2023 was $999,995, down 9.5% from the April 2022 median of $1,105,000. The condo market ended April at a median sales price of $500,000, representing a 2.0% decrease from the $510,000 median the same time last year.

Approximately 41% of single-family home sales received full asking price or more, compared to about 75% of sales in April 2022. Only 25% of sales closed above asking compared to 63% one year ago. In the condo market, 44% of sales received full asking price or more compared to 65% in April 2022, and about 22% of sales closed above asking compared to 44% last year

New listing volume was consistent with last month’s volume, but well below the volume seen in 2022. The single-family home market added 292 new listings in April, falling 31.1% from a year ago, while the condo market added 532 new listings, 26.3% below last April.

Although both markets continued to see more active inventory than a year ago, inventory levels have not increased this year, weakening slightly from month to month. In the single-family home market, the ‘Ewa Plain and Leeward regions experienced the greatest volume boost in active inventory, up 65.5% and 85.7%, respectively, year-over-year. Waipahu, Hawaii Kai, and ‘Ewa Plain regions ended April 2023 with condo active inventory rising more than 50% from a year ago.

APRIL 2023 MONTHLY STATS REPORT

Oahu Monthly Housing Statistics

April 2023

Monthly Indicators 2 Median Sales Price YoY %chg Price Graphs 3-4 $999,995-9.5% Closed Sales 5 Closed Sales YoY %chg Median Sales Price6 Average Sales Price 7 208 -43.0% Median Days on Market 8 Percent of Original List Price Received 9 Average Sales Price YoY %chg New Listings10 Pending Sales 11 $1,223,383-12.9% 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 $500,000-2.0% Percent of Original List Price Received (by price range)20-21 New Listings (by price range) 22-23 Closed Sales YoY %chg Pending Sales (by price range)24-25 Active Inventory (by price range) 26-27 420 -37.5% 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 $603,795-1.5% 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.

April 2023 Apr-23 Apr-22YoY %chgMar-23MoM %chg Apr-23 Apr-22YoY %chgMar-23MoM %chg Closed Sales 208 365-43.0%236-11.9% 420 672-37.5%444-5.4% Median Sales Price $999,995 $1,105,000-9.5%$1,083,750-7.7% $500,000 $510,000-2.0%$536,000-6.7% Average Sales Price $1,223,383 $1,404,481-12.9%$1,391,538-12.1% $603,795 $613,189-1.5%$651,630-7.3% Median Days on Market 24 10140.0%36-33.3% 20 1266.7%24-16.7% Percent of Orig. List Price Received 98.3% 102.6%-4.2%96.7%1.7% 98.7% 100.0%-1.3%98.5%0.2% New Listings 292 424-31.1%293-0.3% 532 722-26.3%5300.4% Pending Sales* 271 366-26.0%2585.0% 438 663-33.9%444-1.4% Active Inventory* 535 39535.4%541-1.1% 1,144 91724.8%1,152-0.7% Total Inventory in Escrow* 435 592-26.5%39310.7% 623 956-34.8%6023.5% Months Supply of Active Inventory* 2.1 1.190.9%2.10.0% 2.5 1.566.7%2.44.2%

Year-to-Date YTD-2023 YTD-20221-yr %chgYTD-20212-yr %chg YTD-2023 YTD-20221-yr %chgYTD-20212-yr %chg Closed Sales 767 1,253-38.8%1,287-40.4% 1,464 2,382-38.5%2,109-30.6% Median Sales Price $1,010,000 $1,100,000-8.2%$920,0009.8% $500,000 $510,000-2.0%$451,00010.9% Average Sales Price $1,306,551 $1,428,099-8.5%$1,165,52412.1% $620,319 $612,9771.2%$524,13418.4% Median Days on Market 32 11190.9%9255.6% 24 11118.2%1560.0% Percent of Orig. List Price Received 97.1% 101.7%-4.5%100.7%-3.6% 98.4% 100.0%-1.6%99.1%-0.7% New Listings 1,086 1,523-28.7%1,585-31.5% 2,048 2,841-27.9%2,703-24.2% Pending Sales* 1,013 1,381-26.6%1,514-33.1% 1,659 2,571-35.5%2,489-33.3%

Single-Family

Condos Single-Family Homes Condos

Homes

2 8 11 16 39 28 16 9 20 10 8 8 4 5 6 1 12 5 5 4 10 35 40 48 35 32 22 25 16 11 12 12 6 6 26 20 0 10 20 30 40 50 60 Closed Sales Sold Price ($) Single-Family Homes Sold April 2023 vs. April 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.

13 27 28 77 64 68 38 33 18 15 31 8 9 31 52 106 121 96 73 65 42 20 48 9 0 20 40 60 80 100 120 140 Closed Sales Sold Price ($) Condos Sold April 2023 vs. April 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.

Closed Sales

April

OAHU,

(Acountofpropertiesthathaveclosedinagivenmonth)

Mo-Yr

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

2023

HAWAII

Single-Family HomesCondosTotal

Apr-20248343591

Jan-22326552878 Feb-22241486727 Monthly Closed Sales Year-to-Date Closed Sales Mar-22321672993AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg Apr-223656721,037202137551.2%64588.0%20211,28721.1%2,10945.6% May-223446881,0322022365-2.7%6724.2%20221,253-2.6%2,38212.9% Jun-22357626983 2023208-43.0%420-37.5% 2023 767-38.8%1,464-38.5% Jul-22312518830 Aug-22314508822 Sep-22278496774 Oct-22222435657 Nov-22192340532 Dec-22202360562 Jan-23150275425 Feb-23173325498 Mar-23236444680 Apr-23208 420 628

Sep-214246151,039 Oct-21381611992 Nov-21371601972 Dec-21378593971

0 100 200 300 400 500 600 700 800 Sales Closed Sales Single-Family Homes Condos 0 500 1,000 1,500 202120222023 Closed Sales SFH(YTD) 0 500 1,000 1,500 2,000 2,500 3,000 202120222023 Closed Sales CND(YTD) 0 100 200 300 400 202120222023 Closed Sales SFH(Apr) 0 200 400 600 800 202120222023 Closed Sales CND(Apr)

Median Sales Price

April 2023

OAHU, HAWAII

(Themediansalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

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

Feb-22$1,125,000$497,000 Monthly Median Sales Price

Year-to-Date Median

Sales Price Mar-22$1,150,000$515,500AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg Apr-22$1,105,000$510,0002021$928,00014.7%$450,0000.0%2021$920,00016.7%$451,0003.9% May-22$1,153,500$516,5002022$1,105,00019.1%$510,00013.3%2022$1,100,00019.6%$510,00013.1% Jun-22$1,100,000$534,000 2023$999,995-9.5%$500,000-2.0% 2023$1,010,000-8.2%$500,000-2.0% Jul-22$1,107,944$500,000 Aug-22$1,125,500$498,500 Sep-22$1,100,000$502,500 Oct-22$1,050,000$520,000 Nov-22$1,149,500$480,000 Dec-22$1,049,500$502,500 Jan-23$970,000$495,000 Feb-23$987,000$480,000 Mar-23$1,083,750$536,000 Apr-23$999,995$500,000

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

Single-Family Homes Condos SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Average Sales Price

April 2023

OAHU, HAWAII

(Theaveragesalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

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

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

Feb-22$1,486,088$583,367 Monthly Average Sales Price Year-to-Date Average Sales Price Mar-22$1,570,668$623,684AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg Apr-22$1,404,481$613,1892021$1,194,15026.8%$520,192-0.2%2021$1,165,52423.1%$524,1340.6% May-22$1,450,008$625,3272022$1,404,48117.6%$613,18917.9%2022$1,428,09922.5%$612,97717.0% Jun-22$1,382,559$631,822 2023$1,223,383-12.9%$603,795-1.5% 2023$1,306,551-8.5%$620,3191.2% Jul-22$1,329,023$590,934 Aug-22$1,341,958$547,319 Sep-22$1,307,249$607,502 Oct-22$1,243,960$676,988 Nov-22$1,387,685$594,444 Dec-22$1,325,156$576,689 Jan-23$1,139,294$633,441 Feb-23$1,427,864$592,131 Mar-23$1,391,538$651,630 Apr-23$1,223,383$603,795

$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 202120222023 Price ($) SFH(YTD) 0K 200K 400K 600K 800K 202120222023 Price ($) CND(YTD) 0K 500K 1.0M 1.5M 202120222023 Price ($) SFH(Apr) 0K 200K 400K 600K 800K 202120222023 Price ($) CND(Apr)

Average Sales Price

Median Days on Market

OAHU, HAWAII

(DaysonMarketrepresentsthenumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted;theMedianDaysonMarketrepresentsthemedianofallsalesinagivenmonth)

April 2023

Mo/Yr Single-Family HomesCondos Apr-201927 May-201323 Jun-202040 Jul-201326 Aug-201523

Oct-201018

Dec-201019 Jan-21918 Feb-21918 Mar-21914 Apr-21913

Jun-21811 Jul-21911 Aug-21912 Sep-21911 Oct-211011 Nov-21119 Dec-211113 Jan-221214 Feb-221314 Monthly Median Days on Market Year-to-Date Median Days on Market Mar-2299AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg Apr-22101220219-52.6%13-51.9%20219-62.5%15-50.0% May-22101020221011.1%12-7.7%20221122.2%11-26.7% Jun-221011 202324140.0%2066.7% 202332190.9%24118.2% Jul-221112 Aug-221313 Sep-221814 Oct-221919 Nov-221818 Dec-222521 Jan-232424 Feb-234728 Mar-233624 Apr-2324 20

Sep-20921

Nov-201016

May-21812

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 5 10 15 20 25 30 202120222023 Days on Market SFH(Apr) 0 5 10 15 20 25 202120222023 Days on Market CND(Apr)

Percent of Original List Price Received

April 2023

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodindicated)

Mo/Yr Single-Family HomesCondos

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%

Oct-21102.2%100.0%

Percent of Original List Price Received

Monthly Percent of Original List Price Received Year-to-Date Percent of Original List Price Received Mar-22102.0%100.0%AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg Apr-22102.6%100.0%2021101.9%3.0%99.6%1.5%2021100.7%2.3%99.1%1.4% May-22102.2%100.0%2022102.6%0.7%100.0%0.4%2022101.7%1.0%100.0%0.9% Jun-22102.0%100.0% 202398.3%-4.2%98.7%-1.3% 202397.1%-4.5%98.4%-1.6% Jul-22100.0%100.0% Aug-22100.0%100.0% Sep-2299.2%100.0% Oct-2299.8%99.0% Nov-2298.4%98.8% Dec-2296.7%98.5% Jan-2395.9%98.4% Feb-2396.0%98.0% Mar-2396.7%98.5% Apr-2398.3%98.7% 90.0% 92.0% 94.0% 96.0% 98.0% 100.0% 102.0% 104.0% 106.0% Percent Received

Nov-21102.2%100.0% Dec-21102.1%100.0% Jan-22101.6%100.0% Feb-22100.8%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(Apr) 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202120222023 Percent Received CND(Apr)

New Listings

April 2023

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

Mo-Yr Single-Family HomesCondosTotal

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

Feb-223677391,106 Monthly New Listings Year-to-Date New Listings Mar-224127141,126AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg Apr-224247221,146202145958.3%70660.5%20211,5855.2%2,70313.3% May-224456871,1322022424-7.6%7222.3%20221,523-3.9%2,8415.1% Jun-223916861,077 2023292-31.1%532-26.3% 2023 1,086-28.7%2,048-27.9% Jul-223866161,002 Aug-22381608989 Sep-22304601905 Oct-22285532817 Nov-22289526815 Dec-22164371535 Jan-23268523791 Feb-23233463696 Mar-23293530823 Apr-23292 532 824

Dec-21245527772 Jan-22320666986

0 100 200 300 400 500 600 700 800 900 Listings New Listings Single-Family Homes Condos 0 500 1,000 1,500 2,000 202120222023 Closed Sales SFH(YTD) 0 500 1,000 1,500 2,000 2,500 3,000 202120222023 Closed Sales CND(YTD) 0 100 200 300 400 500 202120222023 New Listings SFH(Apr) 0 200 400 600 800 202120222023 Closed Sales CND(Apr)

Pending Sales*

April 2023

OAHU, HAWAII

(Ameasureofcontractactivityrepresentedbyacountofpropertiesthathavehadoffersacceptedonthemduringagivenmonth)

Mo/Yr Single-Family HomesCondosTotal

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

Jan-23267378645

Feb-23217399616

Mar-23258444702

Apr-23271 438 709

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

Jan-22315574889 Feb-22316643959 Monthly Pending Sales Year-to-Date Pending Sales Mar-223846911,075AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg Apr-223666631,029202145064.2%727210.7%20211,51418.7%2,48969.7% May-223566019572022366-18.7%663-8.8%20221,381-8.8%2,5713.3% Jun-22305501806 2023271-26.0%438-33.9% 20231,013-26.6%1,659-35.5% Jul-22297484781 Aug-22312475787 Sep-22224436660

Oct-214006301,030 Nov-21367573940 Dec-21287511798

Oct-22198342540 Nov-22198359557 Dec-22168289457

0 100 200 300 400 500 600 700 800 Listings Pending Sales Single-Family Homes Condos 0 500 1,000 1,500 2,000 202120222023 Pending Sales SFH(YTD) 0 500 1,000 1,500 2,000 2,500 3,000 202120222023 Pending Sales CND(YTD) 0 100 200 300 400 500 202120222023 Pending Sales SFH(Apr) 0 200 400 600 800 202120222023 Pending Sales CND(Apr)

Active Inventory*

April 2023

OAHU, HAWAII

(ThenumberofpropertiesinActive(A)statusattheendofthegivenmonth)

Mo/Yr Single-Family HomesCondosTotal

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

Oct-214011,0391,440

Total

Feb-235471,1771,724 Mar-235411,1521,693

Apr-23535 1,144 1,679

*Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus.

Active Inventory

Active Inventory: Single-Family Homes

Condos Nov-213661,0331,399AprilSFHYoY%chgCNDYoY%chg Dec-213099461,2552021381-52.6%1,133-39.1% Jan-223119671,27820223953.7%917-19.1% Feb-223489891,337 202353535.4%1,14424.8% Mar-223609191,279

Jul-225761,0501,626

Sep-226291,1411,770

Apr-223959171,312 May-224719391,410 Jun-225279981,525

Aug-225961,0731,669

Oct-226561,1941,850 Nov-226821,2441,926 Dec-225971,1701,767 Jan-235511,1961,747

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(Apr) 0 500 1,000 1,500 Active202120222023 Listings CND(Apr) 0 500 1,000 1,500 2,000 2,500 3,000 Apr-20Apr-21Apr-22Apr-23 Listings Total Active Inventory Single-Family Homes + Condos Single-Family Homes Condos

Total Inventory In Escrow*

April 2023

OAHU, HAWAII

(Thenumberofpropertiesundercontractattheendofthegivenmonth/combinedlistingsinCandPstatus)

Mo/Yr Single-Family HomesCondosTotal

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

Oct-216639351,598

Total Inventory In Escrow

Total Inventory In Escrow: Single-Family Homes + Condos

Apr-225929561,548

May-225838561,439

Jun-225097281,237

Jul-224796761,155

Aug-224626541,116

Sep-22388590978

Dec-22278430708

Jan-23376523899

Feb-23386592978

Mar-23393602995

*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

Dec-215287841,312202173936.1%1,030126.4% Jan-224987971,2952022592-19.9%956-7.2% Feb-225449461,490 2023435-26.5%623-34.8% Mar-226039801,583

Nov-216378991,536AprilSFHYoY%chgCNDYoY%chg

Oct-22345506851 Nov-22319512831

Apr-23435 623 1,058

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(Apr) 0 500 1,000 1,500 202120222023 Listings CND(Apr) 0 500 1,000 1,500 2,000 2,500 Apr-20Apr-21Apr-22Apr-23 Listings

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

Total

Months Supply of Active Inventory*

April 2023

OAHU, HAWAII (Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Single-Family HomesCondos

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

Active Inventory vs. Closed Sales

Dec-210.81.620211.1-57.7%2.5-40.5% Jan-220.81.620221.10.0%1.5-40.0% Feb-220.91.6 20232.190.9%2.566.7% Mar-221.01.5 Apr-221.11.5 May-221.31.5 Jun-221.51.6 Jul-221.61.7

Oct-222.12.1 Nov-222.22.3 Dec-222.12.2 Jan-232.02.4 Feb-232.02.4 Mar-232.12.4 Apr-232.1 2.5

Mo/Yr

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 Jul-211.11.8 Aug-211.11.7 Sep-211.21.8 Oct-211.11.8 Months Supply of Active Inventory

Nov-211.01.7AprilSFHYoY%chgCNDYoY%chg

Aug-221.71.8 Sep-221.92.0

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(Apr) 0 1 2 3

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

Months Supply of Active Inventory

Months202120222023

Housing Supply Overview

OAHU, HAWAII

(Ayear-over-yearoverviewoftheavailabilityandsalesofpropertiesinagivenmonth,bypricerange)

April 2023

Single-Family HomesApr-23Apr-22%chgApr-23Apr-22%chgApr-23Apr-22%chgApr-23Apr-22%chgApr-23Apr-22%chgApr-23Apr-22%chgApr-23Apr-22 %chgApr-23Apr-22%chg $449,999 and below 14-75.0%5513323.1%100.0%97.7%2.4%12-50.0%21100.0%4333.3%68-25.0%2.00.8150.0% $450,000 - $599,999 9580.0%4823108.7%99.2%96.0%3.3%27-71.4%49-55.6%11757.1%1120-45.0%1.80.7157.1% $600,000 - $699,999 111010.0%332065.0%100.0%96.5%3.6%1218-33.3%1017-41.2%221283.3%1627-40.7%2.20.6266.7% $700,000 - $799,999 1635-54.3%759733.3%94.9%103.0%-7.9%2127-22.2%30293.4%3315120.0%4653-13.2%1.70.4325.0% $800,000 - $899,999 3940-2.5%4010300.0%98.3%103.4%-4.9%4155-25.5%57537.5%6028114.3%79781.3%1.80.5260.0% $900,000 - $999,999 2848-41.7%191090.0%99.0%103.1%-4.0%3269-53.6%2858-51.7%574332.6%4191-54.9%1.70.8112.5% $1,000,000 - $1,499,999 63130-51.5%181080.0%98.3%103.5%-5.0%88134-34.3%81123-34.1%11810018.0%146184-20.7%1.30.862.5% $1,500,000 - 1,999,999 2447-48.9%17988.9%98.6%103.8%-5.0%4757-17.5%2740-32.5%836038.3%4266-36.4%2.91.4107.1% $2,000,000 - $2,999,999 1226-53.8%2512108.3%98.6%100.0%-1.4%27258.0%1724-29.2%564524.4%2740-32.5%3.31.973.7% $3,000,000 and above 520-75.0%5518205.6%97.6%100.0%-2.4%2130-30.0%151225.0%918211.0%2125-16.0%9.14.889.6% All Single-Family Homes208365-43.0%2410140.0%98.3%102.6%-4.2%292424-31.1%271366-26.0%53539535.4%435592-26.5%2.11.190.9% CondosApr-23Apr-22%chgApr-23Apr-22%chgApr-23Apr-22%chgApr-23Apr-22%chgApr-23Apr-22%chgApr-23Apr-22%chgApr-23Apr-22%chgApr-23Apr-22%chg $149,999 and below 23219.5%221283.3%86.4%98.0%-11.8%231553.3%161323.1%463531.4%2330-23.3%3.31.794.1% $150,000 - $299,999 4571-36.6%17166.3%100.0%100.0%0.0%62108-42.6%5489-39.3%136159-14.5%80127-37.0%2.51.838.9% $300,000 - $399,999 77106-27.4%171330.8%98.6%100.0%-1.4%7592-18.5%64105-39.0%1179720.6%92151-39.1%1.61.060.0% $400,000 - $499,999 64121-47.1%1213-7.7%99.7%100.0%-0.3%84118-28.8%81108-25.0%1349738.1%115159-27.7%1.70.988.9% $500,000 - $599,999 6896-29.2%2010100.0%100.0%101.0%-1.0%78103-24.3%70104-32.7%1178144.4%91146-37.7%1.70.988.9% $600,000 - $699,999 3873-47.9%209122.2%99.0%100.7%-1.7%6080-25.0%6071-15.5%1278058.8%7594-20.2%2.51.1127.3% $700,000 - $999,999 66127-48.0%219133.3%99.0%101.2%-2.2%70143-51.0%62111-44.1%19216715.0%98158-38.0%2.51.747.1% $1,000,000 - $1,499,999 2236-38.9%4910390.0%95.6%100.0%-4.4%373119.4%1537-59.5%1157357.5%2745-40.0%5.02.4108.3% $1,500,000 - $1,999,999 912-25.0%2145-53.3%97.8%97.2%0.6%241741.2%713-46.2%685425.9%1126-57.7%7.66.026.7% $2,000,000 and above 89-11.1%432853.6%97.3%93.5%4.1%191526.7%912-25.0%927424.3%1120-45.0%10.27.437.8% All Condos420672-37.5%201266.7%98.7%100.0%-1.3%532722-26.3%438663-33.9%1,14491724.8%623956-34.8%2.51.566.7% 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

April 2023

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$449,999andbelow14-75.0%2444-45.5%

$450,000-$599,9999580.0%70120-41.7%

$600,000-$699,999111010.0%115224-48.7%

$700,000-$799,9991635-54.3%230425-45.9%

$800,000-$899,9993940-2.5%399615-35.1%

$900,000-$999,9992848-41.7%406617-34.2%

$1,000,000-$1,499,99963130-51.5%1,0751,439-25.3%

$1,500,000-1,999,9992447-48.9%350521-32.8%

$2,000,000-$2,999,9991226-53.8%201286-29.7%

$3,000,000andabove520-75.0%118201-41.3%

All Single-Family Homes 208365-43.0%2,9884,492-33.5%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

HomesApr-23Apr-22%chg 12-mth Total This Period 12-mth Total Last Period%chg

Single-Family

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 Closed Sales Sold Price Closed Sales by Price Range 1-mth Period: Single-Family Homes Apr-23 Apr-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 April 2023

OAHU, HAWAII (Acountofpropertiesthathaveclosedinagivenmonth)

$149,999andbelow23219.5%171252-32.1%

$150,000-$299,9994571-36.6%6591,078-38.9%

$300,000-$399,99977106-27.4%8771,144-23.3%

$400,000-$499,99964121-47.1%9311,330-30.0%

$500,000-$599,9996896-29.2%8071,077-25.1%

$600,000-$699,9993873-47.9%602844-28.7%

$700,000-$999,99966127-48.0%9131,159-21.2%

$1,000,000-$1,499,9992236-38.9%271365-25.8%

$1,500,000-$1,999,999912-25.0%102105-2.9%

$2,000,000andabove89-11.1%102122-16.4%

All Condos 420672-37.5%5,4357,476-27.3% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Condos Apr-23Apr-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 Apr-23 Apr-22 0 200 400 600 800 1,000 1,200 1,400 $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

April 2023

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

Median Days on Market by Price Range

1-mth

$449,999andbelow5513323.1%1213-7.7%

$450,000-$599,9994823108.7%2010100.0%

$600,000-$699,999332065.0%2210120.0%

$700,000-$799,999759733.3%239155.6%

$800,000-$899,9994010300.0%17988.9%

$900,000-$999,999191090.0%141040.0%

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

$1,000,000-$1,499,999181080.0%131030.0%

$1,500,000-1,999,99917988.9%121020.0%

$2,000,000-$2,999,9992512108.3%13128.3%

$3,000,000andabove5518205.6%342821.4%

All Single-Family Homes 2410140.0%141040.0%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

HomesApr-23Apr-22%chg 12-mth Median This Period 12-mth Median Last Period%chg

Single-Family

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

Apr-23 Apr-22 0 5 10 15 20 25 30 35 40 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Days on Market Sold Price

Period: Single-Family Homes

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

Single-Family Homes

Median Days on Market by Price Range: Condos

April 2023

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

Median Days on Market by Price Range

$149,999andbelow221283.3%2829-3.4%

$150,000-$299,99917166.3%1822-18.2%

$300,000-$399,999171330.8%151315.4%

$400,000-$499,9991213-7.7%121020.0%

$500,000-$599,9992010100.0%13944.4%

Median

$600,000-$699,999209122.2%15966.7%

$700,000-$999,999219133.3%13944.4%

$1,000,000-$1,499,9994910390.0%301687.5%

$1,500,000-$1,999,9992145-53.3%3335-5.7%

$2,000,000andabove432853.6%3845-15.6%

All Condos 201266.7%151136.4%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

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

0 10 20 30 40 50 60 $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 Apr-23 Apr-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

Days on Market by Price Range 12-mth Period: Condos 12-mth Median This Period 12-mth Median Last Period

Median Percent of

April

OAHU,

Original List Price

Received by Price Range: Single-Family Homes

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

Median Percent of Original List Price Received by Price Range

$1,500,000-1,999,99998.6%103.8%-5.0%100.0%103.0%-2.9%

$2,000,000-$2,999,99998.6%100.0%-1.4%100.0%100.0%0.0%

$3,000,000andabove97.6%100.0%-2.4%96.4%97.5%-1.1%

All Single-Family Homes 98.3%102.6%-4.2%100.0%102.4%-2.3% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

2023

HAWAII

Single-Family HomesApr-23Apr-22%chg 12-mth Median This Period 12-mth Median Last Period%chg $449,999andbelow100.0%97.7%2.4%100.0%100.0%0.0% $450,000-$599,99999.2%96.0%3.3%97.3%100.5%-3.2% $600,000-$699,999100.0%96.5%3.6%98.4%101.0%-2.6% $700,000-$799,99994.9%103.0%-7.9%100.0%102.9%-2.8% $800,000-$899,99998.3%103.4%-4.9%99.7%103.6%-3.8% $900,000-$999,99999.0%103.1%-4.0%100.0%102.8%-2.7% $1,000,000-$1,499,99998.3%103.5%-5.0%100.0%103.6%-3.5%

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

1-mth Period: Single-Family Homes Apr-23 Apr-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

12-mth

Single-Family Homes 12-mth Median This Period 12-mth Median Last Period

Period:

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

April 2023

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

Median Percent of Original List Price Received by Price Range

98.7%100.0%-1.3%100.0%100.0%0.0% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Median Percent of Original List Price Received by Price Range

Condos Apr-23Apr-22%chg 12-mth Median This Period 12-mth Median Last Period%chg $149,999andbelow86.4%98.0%-11.8%95.6%96.5%-0.9% $150,000-$299,999100.0%100.0%0.0%98.4%98.2%0.2% $300,000-$399,99998.6%100.0%-1.4%100.0%100.0%0.0% $400,000-$499,99999.7%100.0%-0.3%100.0%100.0%0.0% $500,000-$599,999100.0%101.0%-1.0%100.0%100.2%-0.2% $600,000-$699,99999.0%100.7%-1.7%100.0%101.4%-1.4% $700,000-$999,99999.0%101.2%-2.2%100.0%100.3%-0.3% $1,000,000-$1,499,99995.6%100.0%-4.4%96.3%99.0%-2.7% $1,500,000-$1,999,99997.8%97.2%0.6%96.8%96.4%0.4% $2,000,000andabove97.3%93.5%4.1%96.4%95.8%0.6%

75.0% 80.0% 85.0% 90.0% 95.0% 100.0% 105.0% $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 Condos

1-mth Period: Condos Apr-23 Apr-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

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

Period:

New Listings by Price Range: Single-Family Homes

April 2023

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$449,999andbelow12-50.0%2342-45.2%

$450,000-$599,99927-71.4%73140-47.9%

$600,000-$699,9991218-33.3%150269-44.2%

$700,000-$799,9992127-22.2%285481-40.7%

$800,000-$899,9994155-25.5%490654-25.1%

$900,000-$999,9993269-53.6%502686-26.8%

$1,000,000-$1,499,99988134-34.3%1,1751,350-13.0%

$1,500,000-1,999,9994757-17.5%484534-9.4%

$2,000,000-$2,999,99927258.0%293318-7.9%

$3,000,000andabove2130-30.0%256281-8.9%

All Single-Family Homes292424-31.1%3,7314,755-21.5%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

HomesApr-23Apr-22%chg 12-mth Total This Period 12-mth Total Last Period %chg

Single-Family

0 20 40 60 80 100 120 140 160 $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

Listings by Price Range 1-mth Period: Single-Family Homes Apr-23 Apr-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 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

New Listings by Price Range: Condos

April 2023

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

New Listings by Price Range

$149,999andbelow231553.3%194234-17.1%

$150,000-$299,99962108-42.6%7691,158-33.6%

$300,000-$399,9997592-18.5%1,0021,306-23.3%

$400,000-$499,99984118-28.8%1,0901,450-24.8%

$500,000-$599,99978103-24.3%9151,174-22.1%

$600,000-$699,9996080-25.0%746925-19.4%

$700,000-$999,99970143-51.0%1,1501,257-8.5%

$1,000,000-$1,499,999373119.4%414439-5.7%

$1,500,000-$1,999,999241741.2%19517312.7%

$2,000,000andabove191526.7%2001981.0%

All Condos 532722-26.3%6,6758,314-19.7% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Condos Apr-23Apr-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 New Listings Original List Price

1-mth Period: Condos Apr-23 Apr-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

Listings

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

New

by Price Range

Pending Sales by Price Range: Single-Family Homes

April 2023

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

Pending Sales by Price Range

$449,999andbelow21100.0%3050-40.0%

$450,000-$599,99949-55.6%72148-51.4%

$600,000-$699,9991017-41.2%142294-51.7%

$700,000-$799,99930293.4%270467-42.2%

$800,000-$899,99957537.5%451657-31.4%

$900,000-$999,9992858-51.7%418698-40.1%

Pending Sales by Price Range

$1,000,000-$1,499,99981123-34.1%1,0341,305-20.8%

$1,500,000-1,999,9992740-32.5%324472-31.4%

$2,000,000-$2,999,9991724-29.2%200251-20.3%

$3,000,000andabove151225.0%130192-32.3%

All Single-Family Homes 271366-26.0%3,0714,534-32.3%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Single-Family HomesApr-23Apr-22%chg 12-mth Total This Period 12-mth Total Last Period%chg

1-mth Period: Single-Family Homes Apr-23 Apr-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

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

Pending Sales by Price Range: Condos

April 2023

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

Pending Sales by Price Range

All Condos 438663-33.9%5,1467,554-31.9%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Pending Sales by Price Range

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

39.3%6291,055-40.4%

39.0%8791,269-30.7%

25.0%9041,393-35.1%

32.7%7251,085-33.2%

$149,999andbelow161323.1%164240-31.7% $150,000-$299,9995489-

$300,000-$399,99964105-

$400,000-$499,99981108-

$500,000-$599,99970104-

44.1%8171,058-22.8% $1,000,000-$1,499,9991537-59.5%238358-33.5% $1,500,000-$1,999,999713-46.2%95111-14.4%

$600,000-$699,9996071-15.5%601863-30.4% $700,000-$999,99962111-

$2,000,000andabove912-25.0%94122-23.0%

0 20 40 60 80 100 120 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 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

April 2023

OAHU, HAWAII

(Thenumberofpropertiesactiveonmarketattheendofagivenmonth)

Single-Family HomesApr-23Apr-22YOY chg

$449,999andbelow4333.3%

Active Inventory by Price Range

$450,000-$599,99911757.1%

$600,000-$699,999221283.3%

$700,000-$799,9993315120.0%

$800,000-$899,9996028114.3%

$900,000-$999,999574332.6%

$1,000,000-$1,499,99911810018.0%

Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange)

$1,500,000-1,999,999836038.3%

$2,000,000-$2,999,999564524.4% $3,000,000andabove918211.0%

All Single-Family Homes 53539535.4%

List Price

Current

Homes Apr-23 Apr-22 3%7% 18% 40% 32% APR-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% 10% 22% 38% 27% APR-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

Single-Family

Active Inventory* by Price Range: Condos

April 2023

OAHU, HAWAII

(Thenumberofpropertiesactiveonmarketattheendofagivenmonth)

Condos Apr-23Apr-22YOY chg

$149,999andbelow463531.4%

Active Inventory by Price Range

$150,000-$299,999136159-14.5%

$300,000-$399,9991179720.6%

$400,000-$499,9991349738.1%

$500,000-$599,9991178144.4%

$600,000-$699,9991278058.8%

$700,000-$999,99919216715.0%

Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange)

$1,000,000-$1,499,9991157357.5%

$1,500,000-$1,999,999685425.9%

$2,000,000andabove927424.3%

All Condos 1,14491724.8% *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 Apr-23 Apr-22 21% 21% 18% 26% 14% APR-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% 21% 27% 14% APR-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

April 2023

OAHU, HAWAII

iousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus.

Single-Family Homes A-21M-21J-21J-21A-21S-21O-21N-21D-21J-22F-22M-22A-22M-22J-22J-22A-22S-22O-22N-22D-22J-23F-23M-23A-23 $599,999 and below 192216201513181313811111014151281014161512241815 $600,000 to $799,999 43243633433939342422403827384659576480946765626955 $800,000 to $999,999 614460717078625444544952719399113128133157148143121115127117 $1,000,000 to $1,999,999 121105126146145165155135101111139139160193218226236251243251216207204191201 $2,000,000 and above 137142139145143142127130127116109120127133149166167171162173156146142136147 Total 381337377415416437401366309311348360395471527576596629656682597551547541535

$299,999 and below 313271253227217227218205198188204188194187199188176184183189185179185183182 $300,000 to $499,999 316259280272266298302275248250243205194219229238243263267292261277282251251 $500,000 to $699,999 159132161145142152158189158183183165161162171172196250274272245243229251244 $700,000 to $1,499,999 204180193187191206218227203216232232240253271328330317325340318329322308307 $1,500,000 and above 141141138138134147143137139130127129128118128124128127145151161168159159160 Total 1,1339831,0259699501,0301,0391,0339469679899199179399981,0501,0731,1411,1941,2441,1701,1961,1771,1521,144 *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Prev

0 50 100 150 200 250 300 Apr-21 Apr-22 Apr-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 Apr-21 Apr-22 Apr-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

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

Total Inventory In Escrow* by Price Range: Single-Family Homes April 2023

OAHU, HAWAII

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

Single-Family HomesApr-23Apr-22YOY chg

Total Inventory In Escrow by Price Range

$449,999andbelow68-25.0%

$450,000-$599,9991120-45.0%

$600,000-$699,9991627-40.7%

$700,000-$799,9994653-13.2%

$800,000-$899,99979781.3%

$900,000-$999,9994191-54.9%

Total Inventory In Escrow - Percent Share by Price Range

(portionoftotalinventoryinescrowrepresentedbyagivenprice range)

$1,000,000-$1,499,999146184-20.7%

$1,500,000-1,999,9994266-36.4%

$2,000,000-$2,999,9992740-32.5%

$3,000,000andabove2125-16.0%

All Single-Family Homes 435592-26.5%

*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

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 Apr-23 Apr-22 5% 13% 29% 42% 11% APR-22 $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 4% 14% 28% 43% 11% APR-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

Single-Family

Total Inventory In Escrow* by Price Range: Condos April 2023

OAHU, HAWAII

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

Condos Apr-23Apr-22YOY chg

Total Inventory In Escrow by Price Range

$149,999andbelow2330-23.3%

$150,000-$299,99980127-37.0%

$300,000-$399,99992151-39.1%

$400,000-$499,999115159-27.7%

$500,000-$599,99991146-37.7%

$600,000-$699,9997594-20.2%

Total Inventory In Escrow - Percent Share by Price Range

(portionoftotalinventoryinescrowrepresentedbyagivenprice range)

$700,000-$999,99998158-38.0%

$1,000,000-$1,499,9992745-40.0%

$1,500,000-$1,999,9991126-57.7%

$2,000,000andabove1120-45.0%

All Condos 623956-34.8%

*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

0 20 40 60 80 100 120 140 160 180 $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 Apr-23 Apr-22 16% 33% 25% 21% 5% APR-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% 33% 27% 20% 3% APR-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 April 2023

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Single-Family HomesApr-23Apr-22YOY chg

Months Supply of Inventory by Price Range

$449,999andbelow2.00.8150.0%

$450,000-$599,9991.80.7157.1%

$600,000-$699,9992.20.6266.7%

$700,000-$799,9991.70.4325.0%

$800,000-$899,9991.80.5260.0%

$900,000-$999,9991.70.8112.5%

Months Supply of Inventory

$1,000,000-$1,499,9991.30.862.5% $1,500,000-1,999,9992.91.4107.1%

$3,000,000andabove9.14.889.6% All Single-Family Homes 2.11.190.9% 0 3 6 9 12 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Months of Inventory Current List Price

$2,000,000-$2,999,9993.31.973.7%

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

Single-Family Homes $599,999 and below $600,000

$799,999 $800,000

$999,999 $1,000,000

$2,000,000

to $1,999,999

and above

Months Supply of Active Inventory by Price Range: Condos

April 2023

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Condos Apr-23Apr-22YOY chg

Months Supply of Inventory by Price Range

$149,999andbelow3.31.794.1%

$150,000-$299,9992.51.838.9%

$300,000-$399,9991.61.060.0%

$400,000-$499,9991.70.988.9%

$500,000-$599,9991.70.988.9%

$600,000-$699,9992.51.1127.3%

Months Supply of Inventory

$700,000-$999,9992.51.747.1%

$1,000,000-$1,499,9995.02.4108.3%

All Condos 2.51.566.7% 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-$1,999,9997.66.026.7% $2,000,000andabove10.27.437.8%

Condos Apr-23 Apr-22 0 2 4 6 8 10 12 14 16 18 20 22 Apr-21Apr-22Apr-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

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

Single-Family