Oahu Real Estate Update - April 2024

Page 1

MONTHLY STATS REPORT

April 2024

April witnessed an uptick in single-family home and condo sales. Single-family home sales rose by 26.0% year-over-year, totaling 262 transactions, and by 13.9% month-over-month. Similarly, condo sales saw a 2.6% rise compared to the same time last year, totaling 431 units sold and a 25.3% increase month-over-month.

Despite the momentum change, sales remained at softened levels compared to recent years. Based on a 12-month moving average of sales, April’s average was approximately 40% below the peak moving averages observed in 2021 and 2022. Compared to the pre-pandemic moving average in April 2019, this month’s sales average indicates a decline of about 26% for single-family homes and 18% for condos.

Month-over-month, the median price of a single-family home remained steady at $1,100,000, though this marks a 10% year-over-year increase. Compared to April 2023, single-family homes within the $1,100,000 and above range surged 50%, with 132 sales compared to 88 in April 2023.

The condo median sales price grew 5.6% year-over-year and month-over-month, reaching $528,000 compared to $500,000 in April 2023. This upswing is driven by a change in sales activity, with a 35.1% decrease in condos sold within the $300,000 to $399,999 range and a 23.1% increase for condos priced at $600,000 and above.

Buyers and sellers moved quickly on single-family homes in April, with the median days on the market decreasing to 17 from 24 in April 2023. Additionally, one in three single-family home sales, or 33%, closed above the original asking price, compared to 25% in April 2023, suggesting increased competition. In contrast, condos took longer to sell, with the median days on the market rising to 29 from 20 last April. Additionally, only 15% of condo sales closed above the original asking price this April, down from 22% in April 2023. Pending sales remained stable, with a slight year-over-year decline of 0.7% for single-family homes and a slight 1.1% increase for condos.

New listings observed positive growth, with 349 new single-family home listings and 656 new condo listings, up 19.5% and 23.3%, respectively. However, compared to 2019, new listing volume stayed below the 12-month moving average, dipping 36% for single-family homes and 20% for condos.

Active inventory gained a modest 6.4% for single-family homes and 5.6% for condos compared to the previous month. Year-over-year, single-family home inventory grew by 15.5%, while condo inventory surged by 37.8%. Single-family homes priced $1,000,000 and above rose 21.0% from last year, comprising 68% of the active single-family home inventory. Condo inventory also skyrocketed for units priced at $300,000 to $499,999, nearly doubling by 98.0% year-over-year, totaling 497 active units by April’s end.

Single-family homes in the Leeward region experienced the most significant change in active listings, up 38.5%, and the Metro region experienced a 28.8% uptick. Hawai‘i Kai was the only region where active inventory declined for condos, dropping by 30.8% or eight units. However, the Metro region experienced the largest volume change in active inventory for condos, increasing by 27.9% or 244 units from a year ago, ending April with 1,119 active units.

Oahu Monthly Housing Statistics

Monthly Indicators 2 Median Sales Price YoY %chg Price Graphs 3-4 $1,100,000+10.0% Closed Sales 5 Closed Sales YoY %chg Median Sales Price6 Average Sales Price 7 262+26.0% Median Days on Market 8 Percent of Original List Price Received 9 Average Sales Price YoY %chg New Listings10 Pending Sales 11 $1,408,991+15.2% 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 $528,000+5.6% 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) 26-27 431 +2.6% 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 $617,664+2.3% 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.® ©2024. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed. CONTENTS: CONDOS
April 2024 SINGLE-FAMILY HOMES

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

MoM%chg=month-over-monthpercentchangecomparingcurrentmonthtothepreviousmonth.

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

Monthly Indicators
April 2024 Apr-24 Apr-23YoY %chgMar-24MoM %chg Apr-24 Apr-23YoY %chgMar-24MoM %chg Closed Sales 262 20826.0%23013.9% 431 4202.6%34425.3% Median Sales Price $1,100,000 $999,99510.0%$1,100,0000.0% $528,000 $500,0005.6%$500,0005.6% Average Sales Price $1,408,991 $1,223,38315.2%$1,380,8382.0% $617,664 $603,7952.3%$579,5006.6% Median Days on Market 17 24-29.2%31-45.2% 29 2045.0%290.0% Percent of Orig. List Price Received 99.0% 98.3%0.7%98.3%0.7% 97.8% 98.7%-0.9%98.3%-0.5% New Listings 349 29219.5%29119.9% 656 53223.3%6471.4% Pending Sales* 269 271-0.7%280-3.9% 443 4381.1%4390.9% Active Inventory* 618 53515.5%5816.4% 1,576 1,14437.8%1,4935.6% Total Inventory in Escrow* 445 4352.3%448-0.7% 647 6233.9%6470.0% Months Supply of Active Inventory* 2.8 2.133.3%2.73.7% 4.2 2.568.0%4.05.0%
OAHU, HAWAII
Year-to-Date YTD-2024 YTD-20231-yr %chgYTD-20222-yr %chg YTD-2024 YTD-20231-yr %chgYTD-20222-yr %chg Closed Sales 855 76711.5%1,253-31.8% 1,401 1,464-4.3%2,382-41.2% Median Sales Price $1,072,500 $1,010,0006.2%$1,100,000-2.5% $510,000 $500,0002.0%$510,0000.0% Average Sales Price $1,387,325 $1,306,5516.2%$1,428,099-2.9% $594,685 $620,319-4.1%$612,977-3.0% Median Days on Market 25 32-21.9%11127.3% 31 2429.2%11181.8% Percent of Orig. List Price Received 98.4% 97.1%1.3%101.7%-3.2% 97.9% 98.4%-0.5%100.0%-2.1% New Listings 1,220 1,08612.3%1,523-19.9% 2,417 2,04818.0%2,841-14.9% Pending Sales* 1,038 1,0132.5%1,381-24.8% 1,648 1,659-0.7%2,571-35.9%
Single-Family Homes Condos
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Single-Family Homes Condos
4 4 9 27 39 30 17 24 18 13 9 11 10 9 2 7 19 10 2 8 11 16 39 28 16 9 20 10 8 8 4 5 6 1 12 5 0 5 10 15 20 25 30 35 40 45 Closed Sales Sold Price ($)
April 2024 vs. April 2023 2024 2023 SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2024. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Single-Family Homes Sold
14 23 34 50 78 56 49 44 21 15 39 8 13 27 28 77 64 68 38 33 18 15 31 8 0 10 20 30 40 50 60 70 80 90 Closed Sales Sold Price ($) Condos Sold April 2024 vs. April 2023 2024 2023 SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2024. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

April 2024

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

Mo-Yr

Single-Family HomesCondosTotal

Apr-213756451,020

May-214055981,003

Jun-214517301,181

Jul-214046711,075

Aug-214256751,100

Sep-214246151,039

Oct-21381611992

Nov-21371601972

Dec-21378593971

Jan-22326552878

Feb-22241486727

Mar-22321672993

Apr-223656721,037

May-223446881,032

Jun-22357626983

Jul-22312518830

Aug-22314508822

Sep-22278496774

Oct-22222435657

Nov-22192340532

Dec-22202360562

Jan-23150275425

Feb-23173325498

Mar-23236444680AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg Apr-232084206282022365-2.7%6724.2%20221,253-2.6%2,38212.9%

Monthly Closed Sales Year-to-Date Closed Sales
202426226.0%4312.6% 202485511.5%1,401-4.3% Jul-23224422646 Aug-23252422674 Sep-23232376608 Oct-23213399612 Nov-23180310490 Dec-23182272454 Jan-24184292476 Feb-24179334513 Mar-24230344574 Apr-24262 431 693 Closed
0 100 200 300 400 500 600 700 800 Sales Closed Sales Single-Family Homes Condos 0 200 400 600 800 1,000 1,200 1,400 202220232024 Closed Sales SFH(YTD) 0 500 1,000 1,500 2,000 2,500 3,000 202220232024 Closed Sales CND(YTD) 0 100 200 300 400 202220232024 Closed Sales SFH(Apr) 0 200 400 600 800 202220232024 Closed Sales CND(Apr) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
May-232624387002023208-43.0%420-37.5%2023767-38.8%1,464-38.5% Jun-23248470718
Sales

Median Sales Price

April 2024

OAHU,

(Themediansalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

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

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 Monthly Median Sales Price

Median Sales Price

Mar-23$1,083,750$536,000AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg

Apr-23$999,995$500,0002022$1,105,00019.1%$510,00013.3%2022$1,100,00019.6%$510,00013.1%

May-23$1,109,000$505,0002023$999,995-9.5%$500,000-2.0%2023$1,010,000-8.2%$500,000-2.0%

Jun-23$1,050,000$510,000 2024$1,100,00010.0%$528,0005.6%

Jul-23$1,090,000$500,000

Aug-23$1,110,000$515,000

Sep-23$1,050,000$532,500

Oct-23$1,100,000$515,000

Nov-23$1,100,055$516,179

Dec-23$996,500$510,000

Jan-24$1,021,016$502,500

Feb-24$1,075,000$512,500

Mar-24$1,100,000$500,000

Apr-24$1,100,000$528,000

6.2%$510,0002.0%

Year-to-Date
2024$1,072,500
$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 202220232024 Price ($) SFH(YTD) 0K 100K 200K 300K 400K 500K 600K 202220232024 Price ($) CND(YTD) 0K 200K 400K 600K 800K 1.0M 1.2M 202220232024 Price ($) SFH(Apr) 0K 100K 200K 300K 400K 500K 600K 202220232024 Price ($) CND(Apr) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Single-Family Homes Condos

April 2024

OAHU,

(Theaveragesalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr

Single-Family HomesCondos

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

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

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

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

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

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

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

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

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

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

Feb-23$1,427,864$592,131 Monthly Average Sales Price

Average Sales Price

Mar-23$1,391,538$651,630AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg Apr-23$1,223,383$603,7952022$1,404,48117.6%$613,18917.9%2022$1,428,09922.5%$612,97717.0%

May-23$1,355,804$623,7482023$1,223,383-12.9%$603,795-1.5%2023$1,306,551-8.5%$620,3191.2%

Jun-23$1,300,456$589,597 2024$1,408,99115.2%$617,6642.3%

Jul-23$1,270,421$617,683

Aug-23$1,427,996$628,127

Sep-23$1,357,981$608,222

Oct-23$1,304,757$670,805

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

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

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

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

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

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

Year-to-Date Average Sales Price
2024$1,387,325 6.2%$594,685-4.1%
$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 Price ($)
Average Sales Price
0K 500K 1.0M 1.5M 202220232024 Price ($) SFH(YTD) 0K 100K 200K 300K 400K 500K 600K 700K 202220232024 Price ($) CND(YTD) 0K 500K 1.0M 1.5M 202220232024 Price ($) SFH(Apr) 0K 100K 200K 300K 400K 500K 600K 700K 202220232024 Price ($) CND(Apr) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Single-Family Homes Condos

Median Days on Market

April 2024

OAHU, HAWAII

(DaysonMarketrepresentsthenumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted;theMedianDaysonMarketrepresentsthemedianofallsalesinagivenmonth)

Mo/Yr Single-Family HomesCondos

Apr-21913

May-21812

Jun-21811

Jul-21911

Aug-21912

Sep-21911

Oct-211011

Nov-21119

Dec-211113

Jan-221214

Feb-221314

Jun-221011 Jul-221112

Aug-221313 Sep-221814

Oct-221919

Nov-221818

Dec-222521

Jan-232424

Feb-234728

Mar-2299 Apr-221012 May-221010
Monthly Median Days on Market Year-to-Date Median Days on Market
Apr-23242020221011.1%12-7.7%20221122.2%11-26.7% May-232120202324140.0%2066.7%202332190.9%24118.2% Jun-231718 202417-29.2%2945.0% 202425-21.9%3129.2% Jul-231616 Aug-231818 Sep-232021 Oct-231821 Nov-232923 Dec-231826 Jan-242929 Feb-243039 Mar-243129 Apr-2417 29
Mar-233624AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg
0 5 10 15 20 25 30 35 40 45 50 Days on Market
Median Days on Market
0 5 10 15 20 25 30 35 202220232024 Days on Market SFH(YTD) 0 5 10 15 20 25 30 35 202220232024 Days on Market CND(YTD) 0 5 10 15 20 25 30 202220232024 Days on Market SFH(Apr) 0 5 10 15 20 25 30 35 202220232024 Days on Market CND(Apr) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Single-Family Homes Condos

Percent of Original List Price Received

April 2024

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodindicated)

Mo/Yr Single-Family HomesCondos

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%

Nov-21102.2%100.0%

Dec-21102.1%100.0%

Jan-22101.6%100.0%

Feb-22100.8%100.0%

Mar-22102.0%100.0%

Apr-22102.6%100.0%

May-22102.2%100.0%

Jun-22102.0%100.0%

Jul-22100.0%100.0%

Aug-22100.0%100.0%

Sep-2299.2%100.0%

Oct-2299.8%99.0%

Nov-2298.4%98.8%

Dec-2296.7%98.5%

Jan-2395.9%98.4%

Feb-2396.0%98.0%

Percent of Original List Price Received

Mar-2396.7%98.5%AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg

Apr-2398.3%98.7%2022102.6%0.7%100.0%0.4%2022101.7%1.0%100.0%0.9% May-2398.7%99.0%202398.3%-4.2%98.7%-1.3%202397.1%-4.5%98.4%-1.6%

Jun-2399.5%98.9%

Jul-23100.0%98.8%

Aug-2399.1%99.6%

Monthly Percent of Original List Price Received Year-to-Date Percent
Original List Price Received
of
202499.0%0.7%97.8%-0.9% 202498.4%1.3%97.9%-0.5%
Nov-2397.1%98.0% Dec-2398.3%97.9% Jan-2498.3%97.5% Feb-2497.8%97.9% Mar-2498.3%98.3% Apr-2499.0%97.8% 90.0% 92.0% 94.0% 96.0% 98.0% 100.0% 102.0% 104.0% 106.0% Percent Received
Sep-2399.0%98.8% Oct-2398.0%98.7%
95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202220232024 Percent Received SFH(YTD) 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202220232024 Percent Received CND(YTD) 95.0% 97.0% 99.0% 101.0% 103.0% 202220232024 Percent Received SFH(Apr) 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202220232024 Percent Received CND(Apr) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Single-Family Homes Condos

New Listings

April 2024

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

Mo-Yr

Single-Family HomesCondosTotal

Apr-214597061,165

May-214306831,113

Jun-214827841,266

Jul-214696641,133

Aug-214607211,181

Sep-214127381,150

Oct-213767171,093

Nov-21358639997

Dec-21245527772

Jan-22320666986

Feb-223677391,106

Mar-224127141,126

Apr-224247221,146

May-224456871,132

Jun-223916861,077

Jul-223866161,002

Aug-22381608989

Sep-22304601905

Oct-22285532817

Nov-22289526815

Dec-22164371535

Jan-23268523791

Feb-23233463696

Mar-23293530823AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg Apr-232925328242022424-7.6%7222.3%20221,523-3.9%2,8415.1% May-233095828912023292-31.1%532-26.3%20231,086-28.7%2,048-27.9%

Jun-23324535859

Monthly New Listings Year-to-Date New Listings
202434919.5%65623.3% 2024 1,22012.3%2,41718.0% Jul-23275521796 Aug-23330549879 Sep-23281516797 Oct-23272566838 Nov-23267457724 Dec-23180349529 Jan-24285581866 Feb-24295533828 Mar-24291647938 Apr-24349 656 1,005
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 202220232024 Closed Sales SFH(YTD) 0 500 1,000 1,500 2,000 2,500 3,000 202220232024 Closed Sales CND(YTD) 0 100 200 300 400 500 202220232024 New Listings SFH(Apr) 0 200 400 600 800 202220232024 Closed Sales CND(Apr) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Pending Sales*

OAHU, HAWAII

(Ameasureofcontractactivityrepresentedbyacountofpropertiesthathavehadoffersacceptedonthemduringagivenmonth)

Mo/Yr

Single-Family HomesCondosTotal

Apr-214507271,177

May-214316991,130

Jun-214226661,088

Jul-214336581,091

Aug-214156171,032

Sep-213986291,027

Oct-214006301,030

Nov-21367573940

Dec-21287511798

Jan-22315574889

Feb-22316643959

Mar-223846911,075

Apr-223666631,029

May-22356601957

Jun-22305501806

Jul-22297484781

Aug-22312475787

Sep-22224436660

Oct-22198342540

Nov-22198359557

Dec-22168289457

Jan-23267378645

Feb-23217399616

Mar-23258444702AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg Apr-232714387092022366-18.7%663-8.8%20221,381-8.8%2,5713.3% May-232585077652023271-26.0%438-33.9%20231,013-26.6%1,659-35.5%

Jun-23231415646

April 2024
Monthly
Year-to-Date Pending Sales
Pending Sales
2024269-0.7%4431.1% 20241,0382.5%1,648-0.7% Jul-23247421668
Sep-23232371603
Nov-23174308482
Jan-24220376596
Mar-24280439719 Apr-24269 443 712 *Methodologyupdatedasof2021toreflectacountofpropertiesthatenteredcontractwithinthegivenmonthandremaininescrowstatusattheendofthemonth(alsoappliedtohistoricaldatashownabove). PendingSales,inreportspriorto2021,reflectacountofalllistingsthatheldaPending(P)statusthroughoutthegivenmonth.
Aug-23267425692
Oct-23192325517
Dec-23182290472
Feb-24269390659
0 100 200 300 400 500 600 700 800 Listings Pending Sales Single-Family Homes Condos 0 200 400 600 800 1,000 1,200 1,400 1,600 202220232024 Pending Sales SFH(YTD) 0 500 1,000 1,500 2,000 2,500 3,000 202220232024 Pending Sales CND(YTD) 0 50 100 150 200 250 300 350 400 202220232024 Pending Sales SFH(Apr) 0 100 200 300 400 500 600 700 202220232024 Pending Sales CND(Apr) SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Active Inventory*

April 2024

OAHU, HAWAII (ThenumberofpropertiesinActive(A)statusattheendofthegivenmonth)

Mo/Yr

Single-Family HomesCondosTotal

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 Nov-213661,0331,399 Dec-213099461,255

Jan-223119671,278 Feb-223489891,337 Mar-223609191,279 Apr-223959171,312 May-224719391,410 Jun-225279981,525 Jul-225761,0501,626

Aug-225961,0731,669 Sep-226291,1411,770

Oct-226561,1941,850

Inventory

Nov-226821,2441,926AprilSFHYoY%chgCNDYoY%chg Dec-225971,1701,76720223953.7%917-19.1% Jan-235511,1961,747202353535.4%1,14424.8%

Feb-235471,1771,724

Mar-235411,1521,693 Apr-235351,1441,679 May-235431,1181,661

Jun-236051,1591,764 Jul-235911,1541,745 Aug-235981,1461,744 Sep-235921,1941,786

Oct-236261,3061,932 Nov-236721,3372,009 Dec-236001,2341,834 Jan-246071,3481,955 Feb-245991,3881,987 Mar-245811,4932,074 Apr-24618 1,5762,194 *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Prev

Active Inventory: Single-Family Homes + Condos

Active
Total
202461815.5%1,57637.8%
iousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus. 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 Listings Active Inventory Single-Family Homes Condos 0 500 1,000 Active202220232024 Listings SFH(Apr) 0 500 1,000 1,500 2,000 Active202220232024 Listings CND(Apr) 0 500 1,000 1,500 2,000 2,500 Apr-21Apr-22Apr-23Apr-24 Listings Total Active Inventory Single-Family Homes + Condos Single-Family Homes Condos SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Total Inventory In Escrow*

April 2024

OAHU, HAWAII

(Thenumberofpropertiesundercontractattheendofthegivenmonth/combinedlistingsinCandPstatus)

Mo/Yr

Single-Family HomesCondosTotal

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

Nov-216378991,536

Dec-215287841,312

Jan-224987971,295

Feb-225449461,490

Mar-226039801,583

Apr-225929561,548

May-225838561,439

Jun-225097281,237

Jul-224796761,155

Aug-224626541,116

Sep-22388590978

Oct-22345506851

Nov-22319512831AprilSFHYoY%chgCNDYoY%chg

Dec-222784307082022592-19.9%956-7.2%

Jan-233765238992023435-26.5%623-34.8%

Feb-23386592978

Mar-23393602995

Apr-234356231,058

May-234186861,104

Jun-23370612982

Jul-23383586969

Aug-23391590981

Sep-23383569952

Oct-23333475808

Nov-23312473785

Dec-23305468773

Jan-24334532866

Feb-244165861,002 Mar-244486471,095 Apr-24445 647 1,092

Inventory In Escrow

Total
Total
Inventory In Escrow
Inventory In Escrow: Single-Family Homes + Condos
20244452.3%6473.9%
*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata. 0 200 400 600 800 1,000 1,200 1,400 Listings
Single-Family
0 200 400 600 800 202220232024 Listings SFH(Apr) 0 500 1,000 1,500 202220232024 Listings CND(Apr) 0 500 1,000 1,500 2,000 2,500 Apr-21Apr-22Apr-23Apr-24 Listings Total
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Total Inventory In Escrow
Homes Condos
Single-Family Homes + Condos Single-Family Homes Condos

Months

April 2024

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Mo/Yr

Single-Family HomesCondos

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

Nov-211.01.7

Dec-210.81.6

Jan-220.81.6

Feb-220.91.6

Mar-221.01.5

Apr-221.11.5

May-221.31.5

Jun-221.51.6

Jul-221.61.7

Aug-221.71.8

Sep-221.92.0

Oct-222.12.1

Feb-232.02.4

Mar-232.12.4

Apr-232.12.5

May-232.22.6

Jun-232.62.8

Jul-232.62.8

Aug-232.72.8

Sep-232.73.0

Oct-232.93.3

Nov-233.13.4

Dec-232.83.2

Jan-242.83.5

Feb-242.83.6

Supply of Active Inventory*
Months
Active
Closed Sales
Jan-232.02.420232.190.9%2.566.7%
Supply of Active Inventory
Inventory vs.
Nov-222.22.3AprilSFHYoY%chgCNDYoY%chg Dec-222.12.220221.10.0%1.5-40.0%
20242.833.3%4.268.0%
Mar-242.74.0 Apr-242.8 4.2 *Methodologyupdatedasof2021(alsoappliedtohistoricaldatashownonthischart). MonthsofInventory,inreportspriorto2021,reflectacomparisonofactivelistingstoaveragependingsales. 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 Months of Inventory
Active Inventory
Months Supply of
Condos 0 1 2 3 Months202220232024 of Inventory SFH(Apr) 0 2 4 6 Months202220232024 of Inventory CND(Apr) 0 200 400 600 800 Apr-21Apr-22Apr-23Apr-24 Sales/Listings Single-Family Homes Active Closed 0 500 1,000 1,500 2,000 Apr-21Apr-22Apr-23Apr-24 Sales/Listings Condos Active Closed SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Single-Family Homes

$700,000 - $799,999 271668.8%2075-73.3%100.0%94.9%5.4%1721-19.0%2230-26.7%443333.3%3146-32.6%2.21.729.4%

$800,000 - $899,999 39390.0%1940-52.5%97.8%98.3%-0.5%4041-2.4%3757-35.1%5760-5.0%6679-16.5%1.81.80.0%

$900,000 - $999,999 30287.1%1219-36.8%100.2%99.0%1.2%3032-6.3%30287.1%4857-15.8%534129.3%1.81.75.9%

$1,000,000 - $1,499,999 816328.6%1618-11.1%98.9%98.3%0.6%1358853.4%998122.2%16411839.0%1581468.2%2.21.369.2%

$1,500,000 - 1,999,999 392462.5%251747.1%98.8%98.6%0.2%4347-8.5%322718.5%89837.2%474211.9%3.32.913.8%

$2,000,000 - $2,999,999 191258.3%1225-52.0%100.0%98.6%1.4%322718.5%201717.6%685621.4%322718.5%4.53.336.4%

$3,000,000 and above 105100.0%1455-74.5%94.1%97.6%-3.6%272128.6%1115-26.7%100919.9%1721-19.0%11.19.122.0% All Single-Family Homes26220826.0%1724-29.2%99.0%98.3%0.7%34929219.5%269271-0.7%61853515.5%4454352.3%2.82.133.3%

$149,999 and below 2123-8.7%272222.7%94.9%86.4%9.8%1723-26.1%191618.8%3446-26.1%302330.4%2.83.3-15.2%

$150,000 - $299,999 504511.1%4317152.9%96.2%100.0%-3.8%746219.4%4454-18.5%17613629.4%6780-16.3%4.02.560.0%

$300,000 - $399,999 5077-35.1%231735.3%97.3%98.6%-1.3%907520.0%726412.5%239117104.3%1119220.7%4.11.6156.3%

$400,000 - $499,999 786421.9%221283.3%98.9%99.7%-0.8%1058425.0%7281-11.1%25813492.5%103115-10.4%4.01.7135.3%

$500,000 - $599,999 5668-17.6%232015.0%98.2%100.0%-1.8%967823.1%5970-15.7%17811752.1%9091-1.1%3.11.782.4%

$600,000 - $699,999 493828.9%372085.0%98.5%99.0%-0.5%836038.3%61601.7%1321273.9%79755.3%2.92.516.0%

$700,000 - $999,999 806621.2%262123.8%99.1%99.0%0.1%1107057.1%816230.6%23219220.8%1159817.3%3.82.552.0%

$1,000,000 - $1,499,999 302236.4%3349-32.7%96.2%95.6%0.6%473727.0%211540.0%14511526.1%322718.5%7.65.052.0% $1,500,000 - $1,999,999

April 2024 OAHU, HAWAII (Ayear-over-yearoverviewoftheavailabilityandsalesofpropertiesinagivenmonth,bypricerange) Single-Family HomesApr-24Apr-23%chgApr-24Apr-23%chgApr-24Apr-23%chgApr-24Apr-23%chgApr-24Apr-23%chgApr-24Apr-23%chgApr-24Apr-23 %chgApr-24Apr-23%chg $449,999 and below 110.0%955-83.6%123.0%100.0%23.0%41300.0%62200.0%440.0%126100.0%1.32.0-35.0% $450,000
79-22.2%3548-27.1%94.3%99.2%-4.9%112450.0%24-50.0%2511127.3%12119.1%5.01.8177.8% $600,000
911-18.2%2033-39.4%100.0%100.0%0.0%1012-16.7%10100.0%1922-13.6%17166.3%2.12.2-4.5%
Housing Supply Overview
- $599,999
- $699,999
Condos Apr-24Apr-23%chgApr-24Apr-23%chgApr-24Apr-23%chgApr-24Apr-23%chgApr-24Apr-23%chgApr-24Apr-23%chgApr-24Apr-23%chgApr-24Apr-23%chg
990.0%6921228.6%94.6%97.8%-3.3%2124-12.5%8714.3%816819.1%1011-9.1%11.67.652.6% $2,000,000 and above 880.0%14643239.5%90.0%97.3%-7.5%1319-31.6%69-33.3%101929.8%1011-9.1%14.410.241.2% All Condos 4314202.6%292045.0%97.8%98.7%-0.9%65653223.3%4434381.1%1,5761,14437.8%6476233.9%4.22.568.0% 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 SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Closed Sales by Price Range: Single-Family Homes April 2024

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$1,000,000-$1,499,999816328.6%8711,075-19.0%

$1,500,000-1,999,999392462.5%327350-6.6%

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

Single-Family HomesApr-24Apr-23%chg 12-mth Total This Period 12-mth Total Last Period %chg
$449,999andbelow110.0%322433.3%
$700,000-$799,999271668.8%2432305.7% $800,000-$899,99939390.0%386399-3.3%
$450,000-$599,99979-22.2%6170-12.9% $600,000-$699,999911-18.2%113115-1.7%
$900,000-$999,99930287.1%325406-20.0%
$2,000,000-$2,999,999191258.3%180201-10.4% $3,000,000andabove105100.0%110118-6.8% All
Homes 26220826.0%2,6482,988-11.4% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 0 10 20 30 40 50 60 70 80 90 $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
1-mth Period: Single-Family Homes Apr-24 Apr-23 0 200 400 600 800 1,000 1,200 $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 Closed Sales Sold Price Closed
12-mth Total
Period 12-mth Total Last Period SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Single-Family
Sales by Price Range
This

Closed Sales by Price Range: Condos April 2024

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$150,000-$299,999504511.1%523659-20.6%

$700,000-$999,999806621.2%734913-19.6% $1,000,000-$1,499,999302236.4%229271-15.5%

Condos Apr-24Apr-23%chg 12-mth Total This Period 12-mth Total Last Period %chg
$149,999andbelow2123-8.7%148171-13.5%
$400,000-$499,999786421.9%765931-17.8% $500,000-$599,9995668-17.6%694807-14.0%
$300,000-$399,9995077-35.1%705877-19.6%
$600,000-$699,999493828.9%551602-8.5%
$1,500,000-$1,999,999990.0%81102-20.6% $2,000,000andabove880.0%80102-21.6% All
This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 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 Closed Sales Sold Price Closed Sales by Price Range 1-mth Period: Condos Apr-24 Apr-23 0 100 200 300 400 500 600 700 800 900 1,000 $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 SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Condos 4314202.6%4,5105,435-17.0%

Median Days on Market by Price Range: Single-Family

Homes

April 2024

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

$1,000,000-$1,499,9991618-11.1%171330.8%

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

Single-Family HomesApr-24Apr-23%chg 12-mth Median This Period 12-mth Median Last Period %chg
$600,000-$699,9992033-39.4%352259.1% $700,000-$799,9992075-73.3%25238.7% $800,000-$899,9991940-52.5%261752.9%
$449,999andbelow955-83.6%221283.3% $450,000-$599,9993548-27.1%382090.0%
$900,000-$999,9991219-36.8%191435.7%
All Single-Family Homes 1724-29.2%201442.9% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 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
Single-Family Homes Apr-24 Apr-23 0 5 10 15 20 25 30 35 40 45 $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
$1,500,000-1,999,999251747.1%191258.3% $2,000,000-$2,999,9991225-52.0%1213-7.7% $3,000,000andabove1455-74.5%393414.7%
Median Days on Market by Price Range 1-mth Period:
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Median Days on Market by Price Range: Condos

OAHU, HAWAII

$150,000-$299,9994317152.9%251838.9%

April 2024
Condos Apr-24Apr-23%chg 12-mth Median This Period 12-mth Median Last Period %chg $149,999andbelow272222.7%382835.7%
(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)
$300,000-$399,999231735.3%221546.7% $400,000-$499,999221283.3%181250.0% $500,000-$599,999232015.0%191346.2% $600,000-$699,999372085.0%231553.3%
$1,500,000-$1,999,9996921228.6%493348.5% $2,000,000andabove14643239.5%583852.6% All Condos 292045.0%231553.3% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 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 Days on Market Sold Price Median Days on Market by Price Range 1-mth Period: Condos Apr-24 Apr-23 0 10 20 30 40 50 60 70 $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 Median Days on Market by Price Range 12-mth Period: Condos 12-mth Median This Period 12-mth Median Last Period SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
$700,000-$999,999262123.8%221369.2% $1,000,000-$1,499,9993349-32.7%31303.3%

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

April 2024

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated) Single-Family

$449,999andbelow123.0%100.

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

$700,000-$799,999100.0%94.9%5.4%98.4%100.0%-1.6%

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

12-mth Median This Period 12-mth Median Last Period %chg
HomesApr-24Apr-23%chg
0%23.0%92.4%100.0%-7.6% $450,000-$599,99994.3%99.2%-4.9%96.8%97.3%-0.5% $600,000-$699,999100.0%100.0%0.0%97.2%98.4%-1.2%
$800,000-$899,99997.8%98.3%-0.5%98.8%99.7%-0.9% $900,000-$999,999100.2%99.0%1.2%99.0%100.0%-1.0%
3%0.6%98.8%100.0%-1.2%
$2,000,000-$2,999,999100.0%98.6%1.4%99.6%100.0%-0.4% $3,000,000andabove94.1%97.6%-3.6%95.8%96.4%-0.6% All Single-Family Homes 99.0%98.3%0.7%98.5%100.0%-1.5% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod
80.0% 85.0% 90.0% 95.0% 100.0% 105.0% 110.0% 115.0% 120.0% 125.0% 130.0% $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
$1,000,000-$1,499,99998.9%98.
$1,500,000-1,999,99998.8%98.6%0.2%98.9%100.0%-1.1%
reflectsthesame12-monthperiodoneyearprior.
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
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Median Percent of Original List Price Received by Price Range: Condos April 2024

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

$149,999andbelow94.9%86.

$400,000-$499,99998.9%99.7%-0

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

Condos Apr-24Apr-23%chg 12-mth Median This Period 12-mth Median Last Period %chg
4%9.8%93.2%95.6%-2.5% $150,000-$299,99996.2%100.0%-3.8%97.5%98.4%-0.9% $300,000-$399,99997.3%98.6%-1.3%98.5%100.0%-1.5%
.8%99.0%100.0%-1.0%
.8%99.1%100.0%-0.9% $600,000-$699,99998.5%99.0%-0.5%98.7%100.0%-1.3%
$500,000-$599,99998.2%100.0%-1
$700,000-$999,99999.1%99.0%0.1%98.8%100.0%-1.2%
All Condos 97.8%98.7%-0.9%98.4%100.0%-1.6%
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
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
$1,000,000-$1,499,99996.2%95.6%0.6%96.2%96.3%-0.1% $1,500,000-$1,999,99994.6%97.8%-3.3%96.3%96.8%-0.5% $2,000,000andabove90.0%97.3%-7.5%94.6%96.4%-1.9%
This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.
Median Percent of Original List Price Received by Price Range 1-mth Period: Condos Apr-24 Apr-23
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Period

New Listings by Price Range: Single-Family Homes

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$450,000-$599,999112450.0%897321.9%

$900,000-$999,9993032-6.3%427502-14.9%

$1,000,000-$1,499,9991358853.4%1,0771,175-8.3% $1,500,000-1,999,9994347-8.5%473484-2.3%

$2,000,000-$2,999,999322718.5%272293-7.2%

$3,000,000andabove272128.6%234256-8.6%

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

List

April 2024
Single-Family HomesApr-24Apr-23%chg 12-mth Total This Period 12-mth Total Last Period %chg
$449,999andbelow41300.0%332343.5%
$600,000-$699,9991012-16.7%131150-12.7% $700,000-$799,9991721-19.0%275285-3.5% $800,000-$899,9994041-2.4%447490-8.8%
All Single-Family Homes34929219.5%3,4583,731-7.3% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 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
Price New
1-mth Period: Single-Family Homes Apr-24 Apr-23 0 200 400 600 800 1,000 1,200 1,400 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above New Listings Original
12-mth Total This Period 12-mth Total Last Period SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
List
Listings by Price Range
Price

New Listings by Price Range: Condos April 2024

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$149,999andbelow1723-26.1%169194-12.9%

$150,000-$299,999746219.4%694769-9.8%

$300,000-$399,999907520.0%1,0151,0021.3%

$400,000-$499,9991058425.0%1,0891,090-0.1%

$500,000-$599,999967823.1%9609154.9%

$600,000-$699,999836038.3%728746-2.4%

$700,000-$999,9991107057.1%1,0461,150-9.0%

$1,000,000-$1,499,999473727.0%4224141.9%

$1,500,000-$1,999,9992124-12.5%175195-10.3%

$2,000,000andabove1319-31.6%194200-3.0%

Condos
12-mth Total This Period 12-mth Total Last Period %chg
Apr-24Apr-23%chg
All Condos 65653223.3%6,4926,675-2.7%
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 New Listings Original List Price New Listings by Price Range
Period: Condos Apr-24 Apr-23 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 New Listings Original List Price New
12-mth Total This Period 12-mth Total Last Period SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.
1-mth
Listings by Price Range 12-mth Period: Condos

Pending Sales by Price Range: Single-Family Homes

April 2024

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

$449,999andbelow62200.0%32306.7%

$450,000-$599,99924-50.0%807211.1%

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

$1,000,000-$1,499,999998122.2%9071,034-12.3% $1,500,000-1,999,999322718.5%3553249.6% $2,000,000-$2,999,999201717.6%173200-13.5% $3,000,000andabove1115-26.7%107130-17.7%

Current List Price

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

Current List Price

Single-Family
12-mth Total This Period 12-mth Total Last Period %chg
HomesApr-24Apr-23%chg
$600,000-$699,99910100.0%117142-17.6% $700,000-$799,9992230-26.7%2742701.5% $800,000-$899,9993757-35.1%416451-7.8% $900,000-$999,99930287.1%360418-13.9%
All Single-Family Homes 269271-0.7%2,8213,071-8.1% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 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 Pending Sales
0 200 400 600 800 1,000 1,200 $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 Pending Sales
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Pending Sales by Price Range: Condos April 2024

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

$149,999andbelow191618.8%162164-1.2%

$150,000-$299,9994454-18.5%539629-14.3%

$300,000-$399,999726412.5%763879-13.2%

$400,000-$499,9997281-11.1%797904-11.8%

$500,000-$599,9995970-15.7%7357251.4%

$600,000-$699,99961601.7%574601-4.5%

$700,000-$999,999816230.6%755817-7.6%

$1,000,000-$1,499,999211540.0%224238-5.9%

$1,500,000-$1,999,9998714.3%7595-21.1%

$2,000,000andabove69-33.3%8694-8.5%

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

Condos
12-mth Total This Period 12-mth Total Last Period %chg
Apr-24Apr-23%chg
All Condos 4434381.1%4,7105,146-8.5% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior. 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 Pending Sales Current
0 100 200 300 400 500 600 700 800 900 1,000 $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 Pending Sales by Price Range 1-mth Period: Condos Apr-24 Apr-23
List Price
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

$449,999andbelow440.0%

$450,000-$599,9992511127.3%

$600,000-$699,9991922-13.6%

$700,000-$799,999443333.3%

$1,500,000-1,999,99989837.2%

$2,000,000-$2,999,999685621.4%

$3,000,000andabove100919.9%

$599,999 and below

$600,000 to $799,999

$800,000 to $999,999

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

$2,000,000 and above

$599,999 and below

$600,000 to $799,999

$800,000 to $999,999

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

$2,000,000 and above

(Thenumberofpropertiesactiveonmarketattheendofagivenmonth) Single-Family HomesApr-24Apr-23YOY chg
Active Inventory* by Price Range: Single-Family Homes April 2024 OAHU, HAWAII
Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange)
$800,000-$899,9995760-5.0% $900,000-$999,9994857-15.8% $1,000,000-$1,499,99916411839.0%
All Single-Family Homes 61853515.5% *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus. 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 Active Inventory by Price Range Single-Family Homes Apr-24 Apr-23 3% 10% 22% 38% 27%
APR-23
5% 10% 17% 41% 27% APR-24
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

$300,000-$399,999239117104.3%

$2,000,000andabove101929.8%

$299,999 and below

$300,000 to $499,999

$500,000 to $699,999

$700,000 to $1,499,999

$1,500,000 and above

$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

(Thenumberofpropertiesactiveonmarketattheendofagivenmonth) Condos Apr-24Apr-23YOY chg
Active Inventory* by Price Range: Condos April 2024 OAHU, HAWAII
$149,999andbelow3446-26.1% $150,000-$299,99917613629.4%
$600,000-$699,9991321273.9% $700,000-$999,99923219220.8% Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange)
$400,000-$499,99925813492.5% $500,000-$599,99917811752.1%
$1,000,000-$1,499,99914511526.1% $1,500,000-$1,999,999816819.1%
All Condos 1,5761,14437.8% *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus. 0 50 100 150 200 250 300 $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 Active Inventory
Condos Apr-24 Apr-23 16% 22% 21% 27% 14% APR-23
by Price Range
13% 31% 20% 24% 12% APR-24
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

$599,999 and below

$600,000 to $799,999

$800,000 to $999,999

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

$2,000,000 and above

719399113128133157148143121115127117117130121127121143138114119134113105

$1,000,000 to $1,999,999 160193218226236251243251216207204191201209240229238233247260234235230225253

$2,000,000 and above 127133149166167171162173156146142136147144151152146152152171165170156158168 Total 395471527576596629656682597551547541535543605591598592626672600607599581618

$299,999

$300,000 to $499,999

$500,000 to $699,999

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

Condos A-22M-22J-22J-22A-22S-22O-22N-22D-22J-23F-23M-23A-23M-23J-23J-23A-23S-23O-23N-23D-23J-24F-24M-24A-24

$299,999 and below 194187199188176184183189185179185183182184177177170180196177152186185205210

$300,000 to $499,999 194219229238243263267292261277282251251252273272287314352363349386431464497

$500,000 to $699,999 161162171172196250274272245243229251244236252233243234266296264273266280310

$700,000 to $1,499,999 240253271328330317325340318329322308307289309323301304333337315343343364377

$1,500,000 and above 128118128124128127145151161168159159160157148149145162159164154160163180182 Total 9179399981,0501,0731,1411,1941,2441,1701,1961,1771,1521,1441,1181,1591,1541,1461,1941,3061,3371,2341,3481,3881,4931,576 *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Prev

Active Inventory*: Single-Family Homes and Condos
OAHU,
Single-Family
April 2024
HAWAII
Homes A-22M-22J-22J-22A-22S-22O-22N-22D-22J-23F-23M-23A-23M-23J-23J-23A-23S-23O-23N-23D-23J-24F-24M-24A-24 $599,999 and below 1014151281014161512241815131821171513212625252229 $600,000 to $799,999 27384659576480946765626955606668707171826158546363 $800,000 to $999,999
iousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus. 0 50 100 150 200 250 300 Apr-22 Apr-23 Apr-24 Listings Active Inventory Single-Family Homes
0 100 200 300 400 500 600 Apr-22 Apr-23 Apr-24 Lisings Active Inventory Condos
below
and
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Inventory In Escrow* by Price Range: Single-Family Homes April 2024

OAHU, HAWAII

$449,999andbelow126100.0%

$450,000-$599,99912119.1%

$600,000-$699,99917166.3%

$700,000-$799,9993146-32.6%

$1,500,000-1,999,999474211.9%

$2,000,000-$2,999,999322718.5%

$3,000,000andabove1721-19.0%

$599,999 and below

$600,000 to $799,999

$800,000 to $999,999

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

$2,000,000 and above

$599,999 and below

$600,000 to $799,999

$800,000 to $999,999

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

$2,000,000 and above

Total
Single-Family
(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)
HomesApr-24Apr-23YOY chg
$800,000-$899,9996679-16.5% $900,000-$999,999534129.3%
Total
$1,000,000-$1,499,9991581468.2%
Inventory In Escrow - Percent Share by Price Range
All Single-Family Homes 4454352.3% *Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata. (portionoftotalinventoryinescrowrepresentedbyagivenprice range) 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 $1,500,000
$2,000,000
Active Listings Current List Price Total
Range Single-Family Homes
4% 14% 28% 43% 11% APR-23
1,999,999
$2,999,999 $3,000,000 and above
Inventory In Escrow by Price
Apr-24 Apr-23
5% 11% 27% 46% 11% APR-24
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

$149,999andbelow302330.4%

$150,000-$299,9996780-16.3%

$300,000-$399,9991119220.7%

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

$1,000,000-$1,499,999322718.5%

$1,500,000-$1,999,9991011-9.1%

$2,000,000andabove1011-9.1%

$300,000 to $499,999

$500,000 to $699,999

$700,000 to $1,499,999

$1,500,000 and above

$299,999 and below

$300,000 to $499,999

$500,000 to $699,999

$700,000 to $1,499,999

$1,500,000 and above

Total
In
by Price
April
Condos
Inventory
Escrow*
Range: Condos
2024 OAHU, HAWAII (Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)
Apr-24Apr-23YOY chg
Total Inventory In Escrow - Percent Share by Price Range
$500,000-$599,9999091-1.1% $600,000-$699,99979755.3% $700,000-$999,9991159817.3%
All Condos 6476233.9% *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
Active Listings Current List Price Total
Condos
17% 33% 27% 20% 3%
-
and above
Inventory In Escrow by Price Range
Apr-24 Apr-23
APR-23
15% 33% 26% 23% 3% APR-24
and below
$299,999
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

$2,000,000-$2,999,9994.53.336.4%

$599,999 and below

$600,000 to $799,999

$800,000 to $999,999

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

$2,000,000 and above

Months Supply of Active Inventory by Price Range: Single-Family Homes April 2024
Single-Family
HomesApr-24Apr-23YOY chg $449,999andbelow1.32.0-35.0%
$700,000-$799,9992.21.729.4% $800,000-$899,9991.81.80.0% $900,000-$999,9991.81.75.9% $1,000,000-$1,499,9992.21.369.2%
$450,000-$599,9995.01.8177.8% $600,000-$699,9992.12.2-4.5%
$1,500,000-1,999,9993.32.913.8%
$3,000,000andabove11.19.122.0% All Single-Family Homes 2.82.133.3% 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 Months Supply of Inventory by Price Range Single-Family Homes Apr-24 Apr-23 0 2 4 6 8 Apr-22Apr-23Apr-24 Months of Inventory Months
Single-Family Homes
Supply of Inventory
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

$150,000-$299,9994.02.560.0%

$300,000-$399,9994.11.6156.3%

$2,000,000andabove14.410.241.2%

$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: Condos April 2024
Condos
Apr-24Apr-23YOY chg $149,999andbelow2.83.3-15.2%
$400,000-$499,9994.01.7135.3% $500,000-$599,9993.11.782.4% $600,000-$699,9992.92.516.0% $700,000-$999,9993.82.552.0%
$1,000,000-$1,499,9997.65.052.0% $1,500,000-$1,999,99911.67.652.6%
All Condos 4.22.568.0% 0 3 6 9 12 15 18 $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 Months Supply of Inventory by Price Range Condos Apr-24 Apr-23 0 2 4 6 8 10 12 14 16 Apr-22 Apr-23 Apr-24 Months of Inventory Months Supply
Condos
of Inventory
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2024.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Closed Sales

Single-Family Homes and Condos

OAHU, HAWAII: Jan 1987 to the Present

0 100 200 300 400 500 600 700 800 900 19871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024 Closed Sales SFH Closed Sales CONDO SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2024. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Median Sales Price

Single-Family Homes and Condos

OAHU, HAWAII: Jan 1987 to the Present

$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000
19871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024 Median Sales Price SFH Median Sales Price CONDO SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2024. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
$1,400,000

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Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.