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,
HAWAII
(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,
HAWAII
(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