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

Executive Summary

Closed sales of single-family homes and condos declined year-over-year, dropping 19.7% and 16.9%, respectively; however, compared to a month ago, single-family homes recorded a 12.5% uptick in sales, while condo sales remained steady

Compared to 2022, the median sales price for a single-family home dipped 1.4% to $1,110,000, while the condo median sales price increased 3.3% to $515,000. From a year-to-date perspective, the median sales prices for O‘ahu properties fell for single-family homes to $1,050,000, a 5.7% decline from last year, and for condos to $502,000, down 1.6%.

Single-family homes in the $900,000 to $1,199,999 price range experienced the largest decrease in sales volume, falling 39.2% year-over-year; however, the more affordable price range of $600,000 to $899,999 range saw a slight increase of 13.1% or eight more sales compared to last August. For condos, the more affordable price points of $100,000 to $499,999 marked the most significant decline in sales volume, falling 24.3% year-over-year. At the same time, condo sales in the $900,000 and higher price range remained relatively unchanged from the previous year.

August saw more active inventory of single-family homes in the $799,999 and below range, rising 33.8% from a year ago. The Kāne‘ohe and Leeward regions experienced the largest increase in units of active inventory, with year-over-year increases of 52.9% and 16.7%, respectively. Condo inventory increased at most price points, with the bulk of the active listings in the $300,000 to $699,999 range, reflecting a 20.7% hike compared to last year.

Properties in both markets moved at a consistent pace, albeit five days slower than last year, with a median of 18 days on the market for both single-family homes and condos. Homes in the Leeward region and condos in the Waipahu region are moving into escrow at the slowest paces compared to other neighborhoods, with median days on the market of 50 and 41 days, respectively.

Pending sales volume remains down year-over-year, but both markets witnessed a modest month-over-month increase. Contract signings rose 8.1% for single-family homes and 1.0% for condos compared to July.

AUGUST 2023 MONTHLY STATS REPORT

Oahu Monthly Housing Statistics

August 2023

Monthly Indicators 2 Median Sales Price YoY %chg Price Graphs 3-4 $1,110,000-1.4% Closed Sales 5 Closed Sales YoY %chg Median Sales Price 6 Average Sales Price 7 252 -19.7% Median Days on Market 8 Percent of Original List Price Received 9 Average Sales Price YoY %chg New Listings 10 Pending Sales 11 $1,427,996+6.4% 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 $515,000+3.3% 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) 26-27 422 -16.9% 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 $628,127+14.8% 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 Page 1 of 34

Monthly Indicators OAHU,

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

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

August 2023 Aug-23 Aug-22YoY %chgJul-23MoM %chg Aug-23 Aug-22YoY %chgJul-23MoM %chg Closed Sales 252 314-19.7%22412.5% 422 508-16.9%4220.0% Median Sales Price $1,110,000 $1,125,500-1.4%$1,090,0001.8% $515,000 $498,5003.3%$500,0003.0% Average Sales Price $1,427,996 $1,341,9586.4%$1,270,42112.4% $628,127 $547,31914.8%$617,6831.7% Median Days on Market 18 1338.5%1612.5% 18 1338.5%1612.5% Percent of Orig. List Price Received 99.1% 100.0%-0.9%100.0%-0.9% 99.6% 100.0%-0.4%98.8%0.8% New Listings 330 381-13.4%27520.0% 549 608-9.7%5215.4% Pending Sales* 267 312-14.4%2478.1% 425 475-10.5%4211.0% Active Inventory* 598 5960.3%5911.2% 1,146 1,0736.8%1,154-0.7% Total Inventory in Escrow* 391 462-15.4%3832.1% 590 654-9.8%5860.7% Months Supply of Active Inventory* 2.7 1.758.8%2.63.8% 2.8 1.855.6%2.80.0%

HAWAII

Year-to-Date YTD-2023 YTD-20221-yr %chgYTD-20212-yr %chg YTD-2023 YTD-20221-yr %chgYTD-20212-yr %chg Closed Sales 1,753 2,580-32.1%2,972-41.0% 3,216 4,722-31.9%4,783-32.8% Median Sales Price $1,050,000 $1,113,500-5.7%$960,0009.4% $502,000 $510,000-1.6%$465,0008.0% Average Sales Price $1,325,916 $1,406,359-5.7%$1,220,7548.6% $616,397 $607,9321.4%$549,33312.2% Median Days on Market 23 10130.0%9155.6% 20 1181.8%1353.8% Percent of Orig. List Price Received 98.3% 101.2%-2.9%101.9%-3.5% 98.7% 100.0%-1.3%100.0%-1.3% New Listings 2,324 3,126-25.7%3,426-32.2% 4,235 5,438-22.1%5,555-23.8% Pending Sales* 2,016 2,651-24.0%3,215-37.3% 3,427 4,632-26.0%5,129-33.2%

Single-Family Homes Condos Single-Family Homes Condos

Page 2 of 34

3 5 13 21 35 36 12 14 21 13 15 7 9 10 5 1 17 15 5 7 8 23 30 46 25 31 22 24 12 12 10 10 7 5 25 12 0 5 10 15 20 25 30 35 40 45 50 Closed Sales Sold Price ($)

Homes

August 2023 vs. August 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

Single-Family

Sold

8 16 34 62 75 76 55 33 18 12 26 7 11 31 44 75 97 83 61 41 21 12 27 5 0 20 40 60 80 100 120 Closed Sales Sold Price ($) Condos Sold August 2023 vs. August 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

HAWAII

of properties that have closed in a given month) Mo-Yr Single-Family HomesCondosTotal Aug-20370 409 779 Sep-20391 456 847 Oct-20345 480 825 Nov-20338 407 745 Dec-20420 514 934 Jan-21291 392 683 Feb-21260 446 706 Mar-21361 626 987 Apr-21375 645 1,020 May-21405 598 1,003 Jun-21451 730 1,181 Jul-21404 671 1,075 Aug-21425 675 1,100 Sep-21424 615 1,039 Oct-21381 611 992 Nov-21371 601 972 Dec-21378 593 971 Jan-22326 552 878 Feb-22241 486 727 Mar-22321 672 993 Apr-22365 672 1,037 May-22344 688 1,032 Jun-22357 626 983 Monthly Closed Sales Year-to-Date Closed Sales Jul-22312 518 830 AugustSFHYoY %chgCNDYoY %chg AugustYTD SFHYoY %chgYTD CNDYoY %chg Aug-22314 508 822 202142514.9%67565.0% 20212,97226.8%4,78367.9% Sep-22278 496 774 2022314-26.1%508-24.7% 20222,580-13.2%4,722-1.3% Oct-22222 435 657 2023252-19.7%422-16.9% 2023 1,753-32.1%3,216-31.9% Nov-22192 340 532 Dec-22202 360 562 Jan-23150 275 425 Feb-23173 325 498 Mar-23236 444 680 Apr-23208 420 628 May-23262 438 700 Jun-23248 470 718 Jul-23224 422 646 Aug-23252 422 674

0 100 200 300 400 500 600 700 800 Sales Closed Sales Single-Family Homes Condos 0 1,000 2,000 3,000 4,000 202120222023 Closed Sales SFH (YTD) 0 1,000 2,000 3,000 4,000 5,000 6,000 202120222023 Closed Sales CND (YTD) 0 100 200 300 400 500 202120222023 Closed Sales SFH (Aug) 0 200 400 600 800 202120222023 Closed Sales CND (Aug)

August 2023 OAHU,

(A count

Closed Sales

Board of

Page 5 of 34

Honolulu

Median Sales Price

August 2023

OAHU, HAWAII

Mo/Yr Single-Family HomesCondos

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

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

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

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

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

Median Sales Price

(The median sales price of all closed properties in a given month)

Monthly Median Sales Price Year-to-Date Median Sales Price Jul-22$1,107,944$500,000 AugustSFHYoY %chgCNDYoY %chg AugustYTD SFHYoY %chgYTD CNDYoY %chg Aug-22$1,125,500$498,500 2021$1,050,00025.1%$500,00016.3% 2021$960,00020.2%$465,0008.1% Sep-22$1,100,000$502,500 2022$1,125,5007.2%$498,500-0.3% 2022$1,113,50016.0%$510,0009.7% Oct-22$1,050,000$520,000 2023$1,110,000-1.4%$515,0003.3% 2023 $1,050,000-5.7%$502,000-1.6% Nov-22$1,149,500$480,000 Dec-22$1,049,500$502,500 Jan-23$970,000$495,000 Feb-23$987,000$480,000 Mar-23$1,083,750$536,000 Apr-23$999,995$500,000 May-23$1,109,000$505,000 Jun-23$1,050,000$510,000 Jul-23$1,090,000$500,000 Aug-23$1,110,000$515,000

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

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 ($) SFH (Aug) 0K 100K 200K 300K 400K 500K 600K 202120222023 Price ($) CND (Aug)

Single-Family Homes Condos

Page 6 of 34

Average Sales Price

August 2023

OAHU, HAWAII

(The average sales price of all closed properties in a given month)

Mo/Yr Single-Family HomesCondos

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

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

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

Average Sales Price

SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data.

Reserved.

herein deemed reliable but not guaranteed.

May-22$1,450,008$625,327 Jun-22$1,382,559$631,822 Monthly Average Sales Price Year-to-Date Average Sales Price Jul-22$1,329,023$590,934 AugustSFHYoY %chgCNDYoY %chg AugustYTD SFHYoY %chgYTD CNDYoY %chg Aug-22$1,341,958$547,319 2021$1,316,68128.8%$618,61217.3% 2021$1,220,75426.0%$549,3338.9% Sep-22$1,307,249$607,502 2022$1,341,9581.9%$547,319-11.5% 2022$1,406,35915.2%$607,93210.7% Oct-22$1,243,960$676,988 2023$1,427,9966.4%$628,12714.8% 2023$1,325,916 -5.7%$616,3971.4% Nov-22$1,387,685$594,444 Dec-22$1,325,156$576,689 Jan-23$1,139,294$633,441 Feb-23$1,427,864$592,131 Mar-23$1,391,538$651,630 Apr-23$1,223,383$603,795 May-23$1,355,804$623,748 Jun-23$1,300,456$589,597 Jul-23$1,270,421$617,683 Aug-23$1,427,996$628,127

$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 ($) SFH (Aug) 0K 200K 400K 600K 800K 202120222023 Price ($) CND (Aug)

All Rights

Page 7 of 34

REALTORS®.

Information

Median Days on Market

OAHU,

(Days on Market represents the number of days from when a property is first listed to when an offer is accepted; the Median Days on Market represents the median of all sales in a given month)

2023

August

HAWAII

Mo/Yr Single-Family HomesCondos Aug-2015 23 Sep-209 21 Oct-2010 18 Nov-2010 16 Dec-2010 19 Jan-219 18 Feb-219 18 Mar-219 14 Apr-219 13 May-218 12 Jun-218 11 Jul-21 9 11 Aug-219 12 Sep-219 11 Oct-2110 11 Nov-2111 9 Dec-2111 13 Jan-2212 14 Feb-2213 14 Mar-229 9 Apr-2210 12 May-2210 10 Jun-2210 11 Monthly Median Days on Market Year-to-Date Median Days on Market Jul-2211 12 AugustSFHYoY %chgCNDYoY %chg AugustYTD SFHYoY %chgYTD CNDYoY %chg Aug-2213 13 20219-40.0%12-47.8% 20219-52.6%13-55.2% Sep-2218 14 20221344.4%138.3% 20221011.1%11-15.4% Oct-2219 19 20231838.5%1838.5% 202323130.0%2081.8% Nov-2218 18 Dec-2225 21 Jan-2324 24 Feb-2347 28 Mar-2336 24 Apr-2324 20 May-2321 20 Jun-2317 18 Jul-2316 16 Aug-2318 18

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

Board of

All Rights

Information

Page 8 of 34

Honolulu

REALTORS®.

Reserved.

herein deemed reliable but not guaranteed.

Percent of Original List Price Received

August 2023

OAHU, HAWAII

(The percentage found when dividing a property's sales price by the original list price; reported percentage is the median of all sales for the period indicated)

Percent of Original List Price Received

Feb-21100.0%98.8%

Mo/Yr Single-Family HomesCondos 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%

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%

Jun-22102.0%100.0% Monthly Percent of Original List Price Received Year-to-Date Percent of Original List Price Received Jul-22100.0%100.0% AugustSFHYoY %chgCNDYoY %chg AugustYTD SFHYoY %chgYTD CNDYoY %chg Aug-22100.0%100.0% 2021103.0%4.4%100.0%1.7% 2021101.9%3.3%100.0%2.2% Sep-2299.2%100.0% 2022100.0%-2.9%100.0%0.0% 2022101.2%-0.7%100.0%0.0% Oct-2299.8%99.0% 202399.1%-0.9%99.6%-0.4% 202398.3%-2.9%98.7%-1.3% Nov-2298.4%98.8% Dec-2296.7%98.5% Jan-2395.9%98.4% Feb-2396.0%98.0% Mar-2396.7%98.5% Apr-2398.3%98.7% May-2398.7%99.0% Jun-2399.5%98.9% Jul-23100.0%98.8% Aug-2399.1%99.6% 90.0% 92.0% 94.0% 96.0% 98.0% 100.0% 102.0% 104.0% 106.0% Percent Received

Aug-21103.0%100.0% Sep-21103.1%100.0% Oct-21102.2%100.0% Nov-21102.2%100.0% Dec-21102.1%100.0% Jan-22101.6%100.0% Feb-22100.8%100.0% Mar-22102.0%100.0% Apr-22102.6%100.0% May-22102.2%100.0%

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% 105.0% 202120222023 Percent Received SFH (Aug) 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202120222023 Percent Received CND (Aug)

reliable but not guaranteed. Page 9 of 34

SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data.

deemed

New Listings

August 2023

OAHU, HAWAII

(A count of properties that have been newly listed on the market in a given month)

Reserved.

herein deemed reliable but not guaranteed.

Mo-Yr Single-Family HomesCondosTotal Aug-20387 696 1,083 Sep-20368 576 944 Oct-20380 664 1,044 Nov-20379 561 940 Dec-20264 466 730 Jan-21365 659 1,024 Feb-21322 623 945 Mar-21439 715 1,154 Apr-21459 706 1,165 May-21430 683 1,113 Jun-21482 784 1,266 Jul-21469 664 1,133 Aug-21460 721 1,181 Sep-21412 738 1,150 Oct-21376 717 1,093 Nov-21358 639 997 Dec-21245 527 772 Jan-22320 666 986 Feb-22367 739 1,106 Mar-22412 714 1,126 Apr-22424 722 1,146 May-22445 687 1,132 Jun-22391 686 1,077 Monthly New Listings Year-to-Date New Listings Jul-22386 616 1,002 AugustSFHYoY %chgCNDYoY %chg AugustYTD SFHYoY %chgYTD CNDYoY %chg Aug-22381 608 989 202146018.9%7213.6% 20213,42612.2%5,55514.7% Sep-22304 601 905 2022381-17.2%608-15.7% 20223,126-8.8%5,438-2.1% Oct-22285 532 817 2023330-13.4%549-9.7% 2023 2,324-25.7%4,235-22.1% Nov-22289 526 815 Dec-22164 371 535 Jan-23268 523 791 Feb-23233 463 696 Mar-23293 530 823 Apr-23292 532 824 May-23309 582 891 Jun-23324 535 859 Jul-23275 521 796 Aug-23330 549 879

0 100 200 300 400 500 600 700 800 900 Listings New Listings Single-Family Homes Condos 0 1,000 2,000 3,000 4,000 202120222023 Closed Sales SFH (YTD) 0 1,000 2,000 3,000 4,000 5,000 6,000 202120222023 Closed Sales CND (YTD) 0 100 200 300 400 500 202120222023 New Listings SFH (Aug) 0 200 400 600 800 202120222023 Closed Sales CND (Aug)

Honolulu Board of

All Rights

Page 10 of 34

REALTORS®.

Information

Pending Sales*

August 2023

OAHU, HAWAII

(A measure of contract activity represented by a count of properties that have had offers accepted on them during a given month)

Pending Sales

*Methodology updated as of 2021 to reflect a count of properties that entered contract within the given month and remain in escrow status at the end of the month (also applied to historical data shown above). Pending Sales, in reports prior to 2021, reflect a count of all listings that held a Pending (P) status throughout the given month.

Mo/Yr Single-Family HomesCondosTotal Aug-20410 493 903 Sep-20389 451 840 Oct-20358 484 842 Nov-20394 470 864 Dec-20315 438 753 Jan-21329 534 863 Feb-21365 572 937 Mar-21370 656 1,026 Apr-21450 727 1,177 May-21431 699 1,130 Jun-21422 666 1,088 Jul-21433 658 1,091 Aug-21415 617 1,032 Sep-21398 629 1,027 Oct-21400 630 1,030 Nov-21367 573 940 Dec-21287 511 798 Jan-22315 574 889 Feb-22316 643 959 Mar-22384 691 1,075 Apr-22366 663 1,029 May-22356 601 957 Jun-22305 501 806 Monthly Pending Sales Year-to-Date Pending Sales Jul-22297 484 781 AugustSFHYoY %chgCNDYoY %chg AugustYTD SFHYoY %chgYTD CNDYoY %chg Aug-22312 475 787 20214151.2%61725.2% 20213,21512.1%5,12959.0% Sep-22224 436 660 2022312-24.8%475-23.0% 20222,651-17.5%4,632-9.7% Oct-22198 342 540 2023267-14.4%425-10.5% 20232,016-24.0%3,427-26.0% Nov-22198 359 557 Dec-22168 289 457 Jan-23267 378 645 Feb-23217 399 616 Mar-23258 444 702 Apr-23271 438 709 May-23258 507 765 Jun-23231 415 646 Jul-23247 421 668 Aug-23267 425 692

0 100 200 300 400 500 600 700 800 Listings

Single-Family Homes Condos 0 500 1,000 1,500 2,000 2,500 3,000 3,500 202120222023 Pending Sales SFH (YTD) 0 1,000 2,000 3,000 4,000 5,000 6,000 202120222023 Pending Sales CND (YTD) 0 100 200 300 400 500 202120222023 Pending Sales SFH (Aug) 0 100 200 300 400 500 600 700 202120222023 Pending Sales CND (Aug)

Page 11 of 34

Active Inventory*

August 2023

OAHU,

(The

*Indicator modified as of 2021 to reflect Active status listings only and applied to historical monthly data shown above. Previous report indicator, referred to as Active Listings, reflected all actively marketed listings in A and C status.

HAWAII

Mo/Yr Single-Family HomesCondosTotal Aug-20565 1,792 2,357 Sep-20529 1,742 2,271 Oct-20521 1,715 2,236 Nov-20503 1,645 2,148 Dec-20419 1,459 1,878 Jan-21417 1,396 1,813 Feb-21350 1,332 1,682 Mar-21379 1,257 1,636 Apr-21381 1,133 1,514 May-21337 983 1,320 Jun-21377 1,025 1,402 Jul-21415 969 1,384 Aug-21416 950 1,366 Sep-21437 1,030 1,467 Oct-21401 1,039 1,440 Nov-21366 1,033 1,399 Dec-21309 946 1,255 Jan-22311 967 1,278 Feb-22348 989 1,337 Active Inventory Total Active Inventory: Single-Family Homes + Condos Mar-22360 919 1,279 AugustSFHYoY %chgCNDYoY %chg Apr-22395 917 1,312 2021416-26.4%950-47.0% May-22471 939 1,410 202259643.3%1,07312.9% Jun-22527 998 1,525 20235980.3%1,1466.8% Jul-22576 1,050 1,626 Aug-22596 1,073 1,669 Sep-22629 1,141 1,770 Oct-22656 1,194 1,850 Nov-22682 1,244 1,926 Dec-22597 1,170 1,767 Jan-23551 1,196 1,747 Feb-23547 1,177 1,724 Mar-23541 1,152 1,693 Apr-23535 1,144 1,679 May-23543 1,118 1,661 Jun-23605 1,159 1,764 Jul-23591 1,154 1,745 Aug-23598 1,146 1,744

number of properties in Active (A) status at the end of the given month)

0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000 Listings Active Inventory Single-Family Homes Condos 0 500 1,000 2021 2022 2023 Active Listings SFH (Aug) 0 500 1,000 1,500 2021 2022 2023 Active Listings CND (Aug) 0 500 1,000 1,500 2,000 2,500 Aug-20 Aug-21 Aug-22 Aug-23 Listings Total Active Inventory Single-Family Homes + Condos Single-Family Homes Condos

Page 12 of 34

Total Inventory In Escrow*

August 2023

OAHU,

(The number of properties under contract at the end of the given month / combined listings in C and P status)

SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data.

HAWAII

Mo/Yr Single-Family HomesCondosTotal Aug-20748 797 1,545 Sep-20702 769 1,471 Oct-20693 757 1,450 Nov-20711 800 1,511 Dec-20575 703 1,278 Jan-21596 837 1,433 Feb-21697 960 1,657 Mar-21691 979 1,670 Apr-21739 1,0301,769 May-21793 1,1571,950 Jun-21754 1,0681,822 Jul-21735 1,0261,761 Aug-21727 979 1,706 Sep-21660 951 1,611 Oct-21663 935 1,598 Nov-21637 899 1,536 Dec-21528 784 1,312 Jan-22498 797 1,295 Feb-22544 946 1,490 Total Inventory In Escrow Total Inventory In Escrow: Single-Family Homes + Condos Mar-22603 980 1,583 AugustSFHYoY %chgCNDYoY %chg Apr-22592 956 1,548 2021727-2.8%97922.8% May-22583 856 1,439 2022462-36.5%654-33.2% Jun-22509 728 1,237 2023391-15.4%590-9.8% Jul-22479 676 1,155 Aug-22462 654 1,116 Sep-22388 590 978 Oct-22345 506 851 Nov-22319 512 831 Dec-22278 430 708 Jan-23376 523 899 Feb-23386 592 978 Mar-23393 602 995 Apr-23435 623 1,058 May-23418 686 1,104 Jun-23370 612 982 Jul-23383 586 969 Aug-23391 590 981 *New indicator added to reports as of 2021, including applicable historical data. 0 200 400 600 800 1,000 1,200 1,400 Listings Total Inventory In Escrow Single-Family Homes Condos 0 500 1,000 2021 2022 2023 Listings SFH (Aug) 0 500 1,000 1,500 2021 2022 2023 Listings CND (Aug) 0 500 1,000 1,500 2,000 2,500 Aug-20 Aug-21 Aug-22 Aug-23 Listings Total Inventory In Escrow Single-Family Homes + Condos Single-Family Homes Condos

Honolulu Board of

Page 13 of 34

REALTORS®.

herein deemed reliable but not guaranteed.

Months Supply of Active Inventory*

August 2023

OAHU, HAWAII

(Compares active inventory to a rolling 12-month average closed sales)

Mo/Yr Single-Family HomesCondos Aug-201.8 4.6 Sep-201.7 4.5 Oct-201.7 4.4 Nov-201.6 4.3 Dec-201.3 3.7 Jan-211.3 3.6 Feb-211.1 3.3 Mar-211.2 3.0 Apr-211.1 2.5 May-211.0 2.1 Jun-211.0 2.0 Jul-211.1 1.8 Aug-211.1 1.7 Sep-211.2 1.8 Oct-211.1 1.8 Nov-211.0 1.7 Dec-210.8 1.6 Jan-220.8 1.6 Feb-220.9 1.6

Mar-221.0 1.5 AugustSFHYoY %chgCNDYoY %chg Apr-221.1 1.5 20211.1-38.9%1.7-63.0% May-221.3 1.5 20221.754.5%1.85.9% Jun-221.5 1.6 20232.758.8%2.855.6% Jul-221.6 1.7 Aug-221.7 1.8 Sep-221.9 2.0 Oct-222.1 2.1 Nov-222.2 2.3 Dec-222.1 2.2 Jan-232.0 2.4 Feb-232.0 2.4 Mar-232.1 2.4 Apr-232.1 2.5 May-232.2 2.6 Jun-232.6 2.8 Jul-232.6 2.8 Aug-232.7 2.8 *Methodology updated as of 2021 (also applied to historical data shown on this chart). Months of Inventory, in reports prior to 2021, reflect a comparison of active listings to average pending sales. 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 Months of Inventory Months Supply of Active Inventory Single-Family Homes Condos 0 1 2 3 2021 2022 2023 Months of Inventory SFH (Aug) 0 1 2 3 2021 2022 2023 Months of Inventory CND (Aug) 0 200 400 600 800 Aug-20 Aug-21 Aug-22 Aug-23 Sales/Listings Single-Family Homes Active Closed 0 500 1,000 1,500 2,000 Aug-20 Aug-21 Aug-22 Aug-23 Sales/Listings Condos Active Closed

Months Supply of Active Inventory Active Inventory vs. Closed Sales

Honolulu Board of

All Rights

Information

Page 14 of 34

REALTORS®.

Reserved.

herein deemed reliable but not guaranteed.

Housing Supply Overview

August 2023

OAHU, HAWAII

(Ayear-over-yearoverviewoftheavailabilityandsalesofpropertiesinagivenmonth,bypricerange)

- $999,999 6374-14.9%231291.7%100.0%100.0%0.0%78117-33.3%7386-15.1%198219-9.6%99121-18.2%3.12.147.6%

- $1,499,999 1823-21.7%1727-37.0%97.8%98.0%-0.2%3033-9.1%25250.0%103111-7.2%352825.0%5.23.644.4%

Single-Family HomesAug-23Aug-22%chgAug-23Aug-22%chgAug-23Aug-22%chgAug-23Aug-22%chgAug-23Aug-22%chgAug-23Aug-22%chgAug-23Aug-22 %chgAug-23Aug-22%chg $449,999 and below 24-50.0%5410440.0%98.7%102.9%-4.1%110.0%330.0%4333.3%58-37.5%2.01.0100.0% $450,000 - $599,999 68-25.0%3814171.4%93.0%97.8%-4.9%5425.0%8560.0%135160.0%171513.3%2.60.7271.4% $600,000 - $699,999 13862.5%4316168.8%94.6%98.6%-4.1%15887.5%1214-14.3%312240.9%1725-32.0%3.11.782.4% $700,000 - $799,999 2123-8.7%23224.5%99.2%99.2%0.0%312810.7%3031-3.2%393511.4%4748-2.1%2.11.361.5% $800,000 - $899,999 353016.7%191618.8%100.0%99.5%0.5%4356-23.2%3648-25.0%6976-9.2%5365-18.5%2.11.816.7% $900,000 - $999,999 3646-21.7%261485.7%98.4%100.0%-1.6%4152-21.2%2939-25.6%585211.5%4360-28.3%2.11.0110.0% $1,000,000 - $1,499,999 75114-34.2%13128.3%100.0%100.0%0.0%99119-16.8%92107-14.0%146158-7.6%130148-12.2%2.01.353.8% $1,500,000 - 1,999,999 3244-27.3%14140.0%100.3%98.9%1.4%5054-7.4%29290.0%927817.9%4043-7.0%3.71.8105.6% $2,000,000 - $2,999,999 1725-32.0%1012-16.7%100.0%100.0%0.0%2440-40.0%1427-48.1%5768-16.2%2033-39.4%4.13.132.3% $3,000,000 and above 151225.0%6220210.0%96.0%98.9%-2.9%211910.5%14955.6%8999-10.1%191711.8%9.95.870.7% All Single-Family Homes252314-19.7%181338.5%99.1%100.0%-0.9%330381-13.4%267312-14.4%5985960.3%391462-15.4%2.71.758.8% Condos Aug-23Aug-22%chgAug-23Aug-22%chgAug-23Aug-22%chgAug-23Aug-22%chgAug-23Aug-22%chgAug-23Aug-22%chgAug-23Aug-22%chgAug-23Aug-22%chg $149,999 and below 1423-39.1%784669.6%84.9%94.0%-9.7%89-11.1%141216.7%4417158.8%1920-5.0%3.11.0210.0% $150,000 - $299,999 4463-30.2%1314-7.1%99.8%98.5%1.3%6571-8.5%4860-20.0%126159-20.8%8186-5.8%2.62.123.8% $300,000 - $399,999 6275-17.3%171154.5%100.0%100.0%0.0%8197-16.5%5884-31.0%13911520.9%81111-27.0%2.11.361.5% $400,000 - $499,999 7597-22.7%14140.0%100.0%100.0%0.0%1051005.0%7582-8.5%14812815.6%103115-10.4%2.11.275.0% $500,000 - $599,999 7683-8.4%191172.7%100.0%100.0%0.0%947623.7%725530.9%1329834.7%908012.5%2.21.1100.0% $600,000 - $699,999 5561-9.8%181163.6%99.2%100.0%-0.8%6374-14.9%4352-17.3%1119813.3%6266-6.1%2.31.553.3%

$1,500,000 - $1,999,999 84100.0%332437.5%93.2%95.8%-2.7%111010.0%10825.0%5859-1.7%1012-16.7%7.36.610.6% $2,000,000 and above 7540.0%3580-56.3%96.6%99.6%-3.0%1421-33.3%711-36.4%876926.1%1015-33.3%10.97.741.6% All Condos 422508-16.9%181338.5%99.6%100.0%-0.4%549608-9.7%425475-10.5%1,1461,0736.8%590654-9.8%2.81.855.6% Active Inventory Active Inventory Closed SalesMedian Days on Market Percent of Original List Price Received Pending Sales Closed SalesMedian Days on Market Percent of Original List Price Received Pending Sales New Listings New Listings In Escrow Months Supply of Active Inventory Total Inventory In Escrow Months Supply of Active Inventory Total Inventory

$700,000

$1,000,000

Page 15 of 34

Closed Sales by Price Range: Single-Family Homes

August 2023

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$449,999andbelow24-50.0%2833-15.2%

$450,000-$599,99968-25.0%5886-32.6%

$600,000-$699,99913862.5%118151-21.9%

$700,000-$799,9992123-8.7%233327-28.7%

$800,000-$899,999353016.7%398508-21.7%

$900,000-$999,9993646-21.7%338602-43.9%

$1,000,000-$1,499,99975114-34.2%8921,449-38.4%

$1,500,000-1,999,9993244-27.3%305514-40.7%

$2,000,000-$2,999,9991725-32.0%173264-34.5%

$3,000,000andabove151225.0%104200-48.0%

All Single-Family Homes 252314-19.7%2,6474,134-36.0%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

HomesAug-23Aug-22%chg 12-mth Total This Period 12-mth Total Last Period%chg

Single-Family

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 Aug-23 Aug-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

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

Range

Page 16 of 34

Closed Sales by Price Range: Condos August 2023

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$149,999andbelow1423-39.1%162209-22.5%

$150,000-$299,9994463-30.2%589922-36.1%

$300,000-$399,9996275-17.3%7961,078-26.2%

$400,000-$499,9997597-22.7%8311,272-34.7%

$500,000-$599,9997683-8.4%7161,076-33.5%

$600,000-$699,9995561-9.8%574783-26.7%

$700,000-$999,9996374-14.9%7521,223-38.5%

$1,000,000-$1,499,9991823-21.7%239367-34.9%

$1,500,000-$1,999,99984100.0%91104-12.5%

$2,000,000andabove7540.0%97108-10.2%

All Condos 422508-16.9%4,8477,142-32.1% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

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

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 Closed Sales Sold Price Closed Sales by Price Range 1-mth Period: Condos Aug-23 Aug-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

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

Price Range

Page 17 of 34

Median Days on Market by Price Range: Single-Family Homes August 2023

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

Median Days on Market by Price Range

1-mth Period: Single-Family Homes

$449,999andbelow5410440.0%261752.9%

$450,000-$599,9993814171.4%4613253.8%

$600,000-$699,9994316168.8%3710270.0%

$700,000-$799,99923224.5%299222.2%

$800,000-$899,999191618.8%2610160.0%

Median Days on Market by Price Range

$900,000-$999,999261485.7%2110110.0%

$1,000,000-$1,499,99913128.3%181080.0%

$1,500,000-1,999,99914140.0%141040.0%

$2,000,000-$2,999,9991012-16.7%161233.3%

$3,000,000andabove6220210.0%462770.4%

All Single-Family Homes 181338.5%2110110.0%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

HomesAug-23Aug-22%chg 12-mth Median This Period 12-mth Median Last Period%chg

Single-Family

0 10 20 30 40 50 60 70 $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

Aug-23 Aug-22 0 5 10 15 20 25 30 35 40 45 50 $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

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

12-mth Period: Single-Family Homes

Page 18 of 34

Median Days on Market by Price Range: Condos

August 2023

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

Median Days on Market by Price Range

$149,999andbelow784669.6%28280.0%

$150,000-$299,9991314-7.1%201811.1%

$300,000-$399,999171154.5%191258.3%

$400,000-$499,99914140.0%151050.0%

$500,000-$599,999191172.7%16977.8%

Median Days on Market by Price Range

$600,000-$699,999181163.6%209122.2%

$700,000-$999,999231291.7%2110110.0%

$1,000,000-$1,499,9991727-37.0%301866.7% $1,500,000-$1,999,999332437.5%4217147.1%

$2,000,000andabove3580-56.3%3348-31.3%

All Condos 181338.5%191172.7%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Condos Aug-23Aug-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 Aug-23 Aug-22 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

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

12-mth

Page 19 of 34

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

$1,500,000-1,999,999100.3%98.9%1.4%100.0%101.8%-1.8% $2,000,000-$2,999,999100.0%100.0%0.0%97.7%100.0%-2.3% $3,000,000andabove96.0%98.9%-2.9%95.4%97.4%-2.1%

All Single-Family Homes 99.1%100.0%-0.9%98.4%101.6%-3.1% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

August 2023

HAWAII

Single-Family HomesAug-23Aug-22%chg 12-mth Median This Period 12-mth Median Last Period%chg $449,999andbelow98.7%102.9%-4.1%97.2%97.1%0.1% $450,000-$599,99993.0%97.8%-4.9%96.8%100.0%-3.2% $600,000-$699,99994.6%98.6%-4.1%96.6%100.8%-4.2% $700,000-$799,99999.2%99.2%0.0%98.0%102.0%-3.9% $800,000-$899,999100.0%99.5%0.5%98.8%102.2%-3.3% $900,000-$999,99998.4%100.0%-1.6%98.9%102.2%-3.2% $1,000,000-$1,499,999100.0%100.0%0.0%98.4%102.2%-3.7%

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 Aug-23 Aug-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:

Page 20 of 34

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

August 2023

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

Median Percent of Original List Price Received by Price Range

$1,000,000-$1,499,99997.8%98.0%-0.2%96.3%98.3%-2.0%

Median Percent of Original List Price Received by Price Range

$1,500,000-$1,999,99993.2%95.8%-2.7%95.5%98.8%-3.3%

$2,000,000andabove96.6%99.6%-3.0%96.6%95.3%1.4%

All Condos 99.6%100.0%-0.4%98.8%100.0%-1.2% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Condos Aug-23Aug-22%chg 12-mth Median This Period 12-mth Median Last Period%chg $149,999andbelow84.9%94.0%-9.7%95.2%96.7%-1.6% $150,000-$299,99999.8%98.5%1.3%98.2%98.6%-0.4%

$300,000-$399,999100.0%100.0%0.0%99.0%100.0%-1.0% $400,000-$499,999100.0%100.0%0.0%100.0%100.0%0.0% $500,000-$599,999100.0%100.0%0.0%100.0%100.2%-0.2% $600,000-$699,99999.2%100.0%-0.8%98.6%100.8%-2.2% $700,000-$999,999100.0%100.0%0.0%98.8%100.1%-1.3%

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

1-mth Period: Condos Aug-23 Aug-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

Page 21 of 34

New Listings by Price Range: Single-Family Homes

August 2023

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

New Listings by Price Range

$449,999andbelow110.0%2129-27.6%

$450,000-$599,9995425.0%7991-13.2%

$600,000-$699,99915887.5%139187-25.7%

$700,000-$799,999312810.7%269382-29.6%

$800,000-$899,9994356-23.2%456597-23.6%

$900,000-$999,9994152-21.2%432659-34.4%

$1,000,000-$1,499,99999119-16.8%1,0231,420-28.0%

$1,500,000-1,999,9995054-7.4%466532-12.4%

$2,000,000-$2,999,9992440-40.0%241331-27.2%

$3,000,000andabove211910.5%240289-17.0%

All Single-Family Homes330381-13.4%3,3664,517-25.5%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Single-Family HomesAug-23Aug-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

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

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

New Listings by Price Range

Page 22 of 34

New Listings by Price Range: Condos August 2023

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$149,999andbelow89-11.1%193198-2.5%

$150,000-$299,9996571-8.5%7141,038-31.2%

$300,000-$399,9998197-16.5%9381,216-22.9%

$400,000-$499,9991051005.0%1,0101,386-27.1%

$500,000-$599,999947623.7%9091,132-19.7%

$600,000-$699,9996374-14.9%733903-18.8%

$700,000-$999,99978117-33.3%9861,362-27.6%

$1,000,000-$1,499,9993033-9.1%388455-14.7%

$1,500,000-$1,999,999111010.0%1901815.0%

$2,000,000andabove1421-33.3%2041888.5%

All Condos 549608-9.7%6,2658,059-22.3%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Condos Aug-23Aug-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 New Listings Original List Price

Listings by Price Range 1-mth Period: Condos Aug-23 Aug-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

New

Page 23 of 34

Pending Sales by Price Range: Single-Family Homes

August 2023

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

Pending Sales by Price Range

$449,999andbelow330.0%2931-6.5%

$450,000-$599,9998560.0%71103-31.1%

$600,000-$699,9991214-14.3%130198-34.3%

$700,000-$799,9993031-3.2%261375-30.4%

$800,000-$899,9993648-25.0%431565-23.7%

$900,000-$999,9992939-25.6%362646-44.0%

Pending Sales by Price Range

$1,000,000-$1,499,99992107-14.0%9101,320-31.1%

$1,500,000-1,999,99929290.0%308446-30.9%

$2,000,000-$2,999,9991427-48.1%174245-29.0%

$3,000,000andabove14955.6%128174-26.4%

All Single-Family Homes 267312-14.4%2,8044,103-31.7%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Single-Family HomesAug-23Aug-22%chg 12-mth Total This Period 12-mth Total Last Period%chg

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

Page 24 of 34

Pending Sales by Price Range: Condos

August 2023

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

Pending Sales by Price Range

$149,999andbelow141216.7%156208-25.0%

$150,000-$299,9994860-20.0%589896-34.3%

$300,000-$399,9995884-31.0%8111,152-29.6%

$400,000-$499,9997582-8.5%8301,302-36.3%

$500,000-$599,999725530.9%718992-27.6%

$600,000-$699,9994352-17.3%602792-24.0%

Pending Sales by Price Range

$700,000-$999,9997386-15.1%7241,078-32.8%

$1,000,000-$1,499,99925250.0%233333-30.0%

$1,500,000-$1,999,99910825.0%94107-12.1%

$2,000,000andabove711-36.4%96115-16.5%

All Condos 425475-10.5%4,8536,975-30.4% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

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

0 10 20 30 40 50 60 70 80 90 100 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Pending Sales Current List Price

1-mth Period: Condos Aug-23 Aug-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 Pending Sales Current List Price

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

Page 25 of 34

Active Inventory* by Price Range: Single-Family Homes

August 2023

OAHU, HAWAII

(Thenumberofpropertiesactiveonmarketattheendofagivenmonth)

Single-Family HomesAug-23Aug-22YOY chg

$449,999andbelow4333.3%

Active Inventory by Price Range

$450,000-$599,999135160.0%

$600,000-$699,999312240.9%

$700,000-$799,999393511.4%

$800,000-$899,9996976-9.2%

$900,000-$999,999585211.5%

$1,000,000-$1,499,999146158-7.6%

Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange)

$1,500,000-1,999,999927817.9%

$2,000,000-$2,999,9995768-16.2%

$3,000,000andabove8999-10.1%

All Single-Family Homes 5985960.3%

*Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandC status.

0 20 40 60 80 100 120 140 160 180 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Active Listings Current List Price

Single-Family Homes Aug-23 Aug-22 1%10% 21% 40% 28% AUG-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% 12% 21% 40% 24% AUG-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

Page 26 of 34

Active Inventory* by Price Range: Condos August 2023

OAHU, HAWAII

(Thenumberofpropertiesactiveonmarketattheendofagivenmonth)

Condos Aug-23Aug-22YOY chg

$149,999andbelow4417158.8%

Active Inventory by Price Range

$150,000-$299,999126159-20.8%

$300,000-$399,99913911520.9%

$400,000-$499,99914812815.6%

$500,000-$599,9991329834.7%

$600,000-$699,9991119813.3%

$700,000-$999,999198219-9.6%

Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange)

$1,000,000-$1,499,999103111-7.2%

$1,500,000-$1,999,9995859-1.7%

$2,000,000andabove876926.1%

All Condos 1,1461,0736.8% *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

List Price

Current

Condos Aug-23 Aug-22 16% 23% 18% 31% 12% AUG-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 15% 25% 21% 26% 13% AUG-23 $299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000 to $1,499,999 $1,500,000 and above

Page 27 of 34

Active Inventory*: Single-Family Homes and Condos

August 2023 OAHU, HAWAII

iousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus.

Single-Family Homes A-21S-21O-21N-21D-21J-22F-22M-22A-22M-22J-22J-22A-22S-22O-22N-22D-22J-23F-23M-23A-23M-23J-23J-23A-23 $599,999 and below 151318131381111101415128101416151224181513182117 $600,000 to $799,999 43393934242240382738465957648094676562695560666870 $800,000 to $999,999 7078625444544952719399113128133157148143121115127117117130121127 $1,000,000 to $1,999,999 145165155135101111139139160193218226236251243251216207204191201209240229238 $2,000,000 and above 143142127130127116109120127133149166167171162173156146142136147144151152146 Total 416437401366309311348360395471527576596629656682597551547541535543605591598 Condos

$299,999 and below 217227218205198188204188194187199188176184183189185179185183182184177177170 $300,000 to $499,999 266298302275248250243205194219229238243263267292261277282251251252273272287 $500,000 to $699,999 142152158189158183183165161162171172196250274272245243229251244236252233243 $700,000 to $1,499,999 191206218227203216232232240253271328330317325340318329322308307289309323301 $1,500,000 and above 134147143137139130127129128118128124128127145151161168159159160157148149145 Total 9501,0301,0391,0339469679899199179399981,0501,0731,1411,1941,2441,1701,1961,1771,1521,1441,1181,1591,1541,146 *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Prev

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

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

Page 28 of 34

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

OAHU, HAWAII

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

Single-Family HomesAug-23Aug-22YOY chg

Total Inventory In Escrow by Price Range

$449,999andbelow58-37.5%

$450,000-$599,999171513.3%

$600,000-$699,9991725-32.0%

$700,000-$799,9994748-2.1%

$800,000-$899,9995365-18.5%

$900,000-$999,9994360-28.3%

Total Inventory In Escrow - Percent Share by Price Range

(portionoftotalinventoryinescrowrepresentedbyagivenprice range)

$1,000,000-$1,499,999130148-12.2%

$1,500,000-1,999,9994043-7.0%

$2,000,000-$2,999,9992033-39.4% $3,000,000andabove191711.8% All Single-Family Homes 391462-15.4%

*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

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 Active Listings Current List Price

Single-Family Homes Aug-23 Aug-22 5% 16% 27% 41% 11% AUG-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 6% 16% 25% 43% 10% AUG-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

Page 29 of 34

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

OAHU, HAWAII

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

Condos Aug-23Aug-22YOY chg

Total Inventory In Escrow by Price Range

$149,999andbelow1920-5.0%

$150,000-$299,9998186-5.8%

$300,000-$399,99981111-27.0%

$400,000-$499,999103115-10.4%

$500,000-$599,999908012.5%

$600,000-$699,9996266-6.1%

$700,000-$999,99999121-18.2%

Total Inventory In Escrow - Percent Share by Price Range

$1,000,000-$1,499,999352825.0%

$1,500,000-$1,999,9991012-16.7%

$2,000,000andabove1015-33.3%

All Condos 590654-9.8%

*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

(portionoftotalinventoryinescrowrepresentedbyagivenprice range) 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 Active Listings Current List Price

Condos Aug-23 Aug-22 16% 35% 22% 23% 4% AUG-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% 31% 26% 23% 3% AUG-23 $299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000 to $1,499,999 $1,500,000 and above

Page 30 of 34

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

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Single-Family HomesAug-23Aug-22YOY chg

Months Supply of Inventory by Price Range

$449,999andbelow2.01.0100.0%

$450,000-$599,9992.60.7271.4%

$600,000-$699,9993.11.782.4%

$700,000-$799,9992.11.361.5%

$800,000-$899,9992.11.816.7%

$900,000-$999,9992.11.0110.0%

Months Supply of Inventory

SOURCE:

$3,000,000andabove9.95.870.7% All Single-Family Homes 2.71.758.8% 0 3 6 9 12 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Months of Inventory Current List Price

$1,000,000-$1,499,9992.01.353.8% $1,500,000-1,999,9993.71.8105.6% $2,000,000-$2,999,9994.13.132.3%

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

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

$999,999 $1,000,000

$2,000,000

to $1,999,999

and above

Page 31 of 34

Months Supply of Active Inventory by Price Range: Condos August 2023

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Condos Aug-23Aug-22YOY chg

Months Supply of Inventory by Price Range

$149,999andbelow3.11.0210.0%

$150,000-$299,9992.62.123.8%

$300,000-$399,9992.11.361.5%

$400,000-$499,9992.11.275.0%

$500,000-$599,9992.21.1100.0%

$600,000-$699,9992.31.553.3%

Months Supply of Inventory

$700,000-$999,9993.12.147.6%

$1,000,000-$1,499,9995.23.644.4%

$1,500,000-$1,999,9997.36.610.6% $2,000,000andabove10.97.741.6%

All Condos 2.81.855.6% 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

Condos Aug-23 Aug-22 0 2 4 6 8 10 12 Aug-21 Aug-22 Aug-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

Page 32 of 34

Closed

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. Page 33 of 34

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

SOURCE: Honolulu Board of REALTORS®, compiled from MLS data.