Oahu Real Estate Update - June 2023

Page 1

Executive Summary

According to resales figures released today by the Honolulu Board of REALTORS®, the monthly median sales price for both single-family homes and condos fell 4.5% year-over-year. The single-family home monthly median sales price in June was $1,050,000, and $510,000 for condos. Single-family home sales dropped 30.5%, and condo sales dove 24.9% compared to the same time last year. However, the market pace remained relatively quick, with most properties entering a contract in just over two weeks.

There was a noticeable impact on pending sales, with contract signings declining in both markets year-over-year and month-over-month as average mortgage rates rose in June. In the single-family home market, pending sales fell 24.3% year-over-year and 10.5% month-overmonth. The condo market experienced a pending sales slump of 17.2% from June 2022 and 18.1% from a month ago. Throughout June, contract signings totaled 231 for single-family homes and 415 for condos.

Although both markets experienced double-digit sales growth from the first quarter of 2023 to the second up 28.4% for single-family homes and 27.2% for condos sales were approximately one-third down from a year ago for both the second quarter and year-to-date.

Through 2023, prices have somewhat steadied from the rapid rise seen through 2021 and the first half of 2022. Midyear, the single-family home year-to-date median sales price stood at $1,050,000, down 5.5% from the 2022 median price of $1,111,211. Similar to 2022, the $800,000 to $999,999 range accounted for a notable portion of single-family home sales in June 2023 and year-to-date at approximately 31% and 29%, respectively. The year-to-date condo median sales price was $500,000, just 2.9% below the June 2022 year-to-date median of $515,000.

The first half of the year saw 337 single-family homes, approximately 26% of sales, that closed for more than the original asking price, compared to 1,189 single-family homes or 61% of sales over the same period last year. Fourteen percent of single-family home sales received full asking price compared to 13% last year. In the condo market, 502 or 21% of sales closed above the original asking price compared to 1,589 condo sales or 43% in the first half of 2022. The share of condo sales that received full asking price was 21% year-to-date compared to 19% last year.

At the end of last month, active inventory was up in both markets compared to the same time last year. June 2023 ended with 605 active single-family homes, a 14.8% year-over-year increase, and 1,159 active condos, a 16.1% increase from a year ago. However, compared to pre-pandemic active inventory levels in 2019, single-family home inventory remained down more than 40%, while condo inventory was down more than 30%.

JUNE 2023 MONTHLY STATS REPORT

Oahu Monthly Housing Statistics

June 2023

Monthly Indicators 2 Median Sales Price YoY %chg Price Graphs 3-4 $1,050,000-4.5% Closed Sales 5 Closed Sales YoY %chg Median Sales Price 6 Average Sales Price 7 248 -30.5% Median Days on Market 8 Percent of Original List Price Received 9 Average Sales Price YoY %chg New Listings10 Pending Sales 11 $1,300,456-5.9% Active Inventory 12 Total Inventory In Escrow 13 Months Supply of Active Inventory 14 Housing Supply Overview 15 Median Sales Price YoY %chg Closed Sales (by price range) 16-17 Median Days on Market (by price range) 18-19 $510,000-4.5% 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) 26-27 470 -24.9% Active Inventory History 28 Total Inventory In Escrow (by price range) 29-30 Average Sales Price YoY %chg Months Supply of Active Inventory (by price range)31-32 $589,597-6.7% Historical Graphs 33-34 YoY % chg = year-over-year percent change comparing current month to the same month last year. SOURCE: Honolulu Board of REALTORS®, residential resales data compiled from HiCentral MLS, Ltd.® ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed. CONTENTS: CONDOS
SINGLE-FAMILY HOMES

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

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

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

June 2023 Jun-23 Jun-22YoY %chgMay-23MoM %chg Jun-23 Jun-22YoY %chgMay-23MoM %chg Closed Sales 248 357-30.5%262-5.3% 470 626-24.9%4387.3% Median Sales Price $1,050,000 $1,100,000-4.5%$1,109,000-5.3% $510,000 $534,000-4.5%$505,0001.0% Average Sales Price $1,300,456 $1,382,559-5.9%$1,355,804-4.1% $589,597 $631,822-6.7%$623,748-5.5% Median Days on Market 17 1070.0%21-19.0% 18 1163.6%20-10.0% Percent of Orig. List Price Received 99.5% 102.0%-2.5%98.7%0.8% 98.9% 100.0%-1.1%99.0%-0.1% New Listings 324 391-17.1%3094.9% 535 686-22.0%582-8.1% Pending Sales* 231 305-24.3%258-10.5% 415 501-17.2%507-18.1% Active Inventory* 605 52714.8%54311.4% 1,159 99816.1%1,1183.7% Total Inventory in Escrow* 370 509-27.3%418-11.5% 612 728-15.9%686-10.8% Months Supply of Active Inventory* 2.6 1.573.3%2.218.2% 2.8 1.675.0%2.67.7%
Monthly Indicators OAHU, HAWAII
Year-to-Date YTD-2023 YTD-20221-yr %chgYTD-20212-yr %chg YTD-2023 YTD-20221-yr %chgYTD-20212-yr %chg Closed Sales 1,277 1,954-34.6%2,143-40.4% 2,372 3,696-35.8%3,437-31.0% Median Sales Price $1,050,000 $1,111,211-5.5%$949,47510.6% $500,000 $515,000-2.9%$455,0009.9% Average Sales Price $1,315,465 $1,429,891-8.0%$1,193,01310.3% $614,681 $618,082-0.6%$536,73214.5% Median Days on Market 25 10150.0%9177.8% 22 11100.0%1369.2% Percent of Orig. List Price Received 97.9% 101.9%-3.9%101.3%-3.4% 98.6% 100.0%-1.4%100.0%-1.4% New Listings 1,719 2,359-27.1%2,497-31.2% 3,165 4,214-24.9%4,170-24.1% Pending Sales* 1,502 2,042-26.4%2,367-36.5% 2,581 3,673-29.7%3,854-33.0%
Single-Family Homes Condos Single-Family Homes Condos
6 1 8 21 44 34 19 21 11 9 11 9 12 5 7 4 19 7 6 4 8 20 43 62 30 22 33 29 19 8 14 6 8 6 25 14 0 10 20 30 40 50 60 70 Closed Sales Sold Price ($) Single-Family Homes Sold June 2023 vs. June 2022 2023 2022 SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
2 20 43 79 82 70 67 40 18 11 34 4 4 24 63 70 114 98 68 64 41 19 52 9 0 20 40 60 80 100 120 Closed Sales Sold Price ($) Condos Sold June 2023 vs. June 2022 2023 2022 SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Closed Sales

June 2023

OAHU, HAWAII (Acountofpropertiesthathaveclosedinagivenmonth)

Mo-Yr Single-Family HomesCondosTotal

Jun-20302312614

Jul-20361426787

Aug-20370409779

Sep-20391456847

Oct-20345480825

Nov-20338407745

Dec-20420514934

Jan-21291392683

Feb-21260446706

Mar-21361626987

Apr-213756451,020

May-214055981,003

Jun-214517301,181

Jul-214046711,075

Aug-214256751,100

Sep-214246151,039

Oct-21381611992

Nov-21371601972

Apr-223656721,037 Monthly Closed Sales Year-to-Date Closed Sales May-223446881,032JuneSFHYoY%chgCNDYoY%chgJuneYTDSFHYoY%chgYTDCNDYoY%chg Jun-22357626983202145149.3%730134.0%20212,14332.9%3,43770.7% Jul-223125188302022357-20.8%626-14.2%20221,954-8.8%3,6967.5% Aug-22314508822 2023248-30.5%470-24.9% 2023 1,277-34.6%2,372-35.8% Sep-22278496774 Oct-22222435657 Nov-22192340532 Dec-22202360562 Jan-23150275425 Feb-23173325498 Mar-23236444680 Apr-23208420628 May-23262438700 Jun-23248 470 718
Dec-21378593971 Jan-22326552878 Feb-22241486727 Mar-22321672993
0 100 200 300 400 500 600 700 800 Sales Closed Sales Single-Family Homes Condos 0 500 1,000 1,500 2,000 2,500 202120222023 Closed Sales SFH(YTD) 0 1,000 2,000 3,000 4,000 202120222023 Closed Sales CND(YTD) 0 100 200 300 400 500 202120222023 Closed Sales SFH(Jun) 0 200 400 600 800 202120222023 Closed Sales CND(Jun)
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Median Sales Price

June 2023

OAHU, HAWAII

(Themediansalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

Jun-20$770,000$421,500

Jul-20$815,000$440,000

Aug-20$839,000$430,000

Sep-20$880,000$445,000

Oct-20$865,000$439,500

Nov-20$872,500$420,000

Dec-20$870,000$455,000

Jan-21$883,000$452,000

Feb-21$917,500$457,500

Mar-21$950,000$451,000

Apr-21$928,000$450,000

May-21$978,000$457,750

Jun-21$979,000$460,000

Jul-21$992,500$475,000

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

Sep-21$1,050,000$478,000

Oct-21$1,000,000$500,000

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

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

Jan-22$1,050,000$510,000

Feb-22$1,125,000$497,000

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

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

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

Year-to-Date Median Sales Price May-22$1,153,500$516,500JuneSFHYoY%chgCNDYoY%chgJuneYTDSFHYoY%chgYTDCNDYoY%chg Jun-22$1,100,000$534,0002021$979,00027.1%$460,0009.1%2021$949,47521.0%$455,0006.4% Jul-22$1,107,944$500,0002022$1,100,00012.4%$534,00016.1%2022$1,111,21117.0%$515,00013.2% Aug-22$1,125,500$498,500 2023$1,050,000-4.5%$510,000-4.5% 2023$1,050,000-5.5%$500,000-2.9% Sep-22$1,100,000$502,500 Oct-22$1,050,000$520,000 Nov-22$1,149,500$480,000 Dec-22$1,049,500$502,500 Jan-23$970,000$495,000 Feb-23$987,000$480,000 Mar-23$1,083,750$536,000 Apr-23$999,995$500,000 May-23$1,109,000$505,000 Jun-23$1,050,000$510,000
Monthly Median Sales Price
$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Price ($)
Sales Price
0K 200K 400K 600K 800K 1.0M 1.2M 202120222023 Price ($) SFH(YTD) 0K 100K 200K 300K 400K 500K 600K 202120222023 Price ($) CND(YTD) 0K 200K 400K 600K 800K 1.0M 1.2M 202120222023 Price ($) SFH(Jun) 0K 100K 200K 300K 400K 500K 600K 202120222023 Price ($) CND(Jun)
Median
Single-Family Homes Condos

Average Sales Price

June 2023

OAHU, HAWAII

(Theaveragesalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

Jun-20$899,271$481,220

Jul-20$1,016,491$475,346

Aug-20$1,022,449$527,573

Sep-20$1,073,692$545,367

Oct-20$1,065,594$479,736

Nov-20$1,084,834$472,726

Dec-20$1,113,076$504,222

Jan-21$1,050,263$496,296

Feb-21$1,172,804$545,629

Mar-21$1,226,827$530,257

Apr-21$1,194,150$520,192

May-21$1,246,611$555,798

Jun-21$1,225,011$557,302

Jul-21$1,265,382$544,064

Aug-21$1,316,681$618,612

Sep-21$1,289,510$558,002

Oct-21$1,335,171$582,509

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

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

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

Feb-22$1,486,088$583,367

Average Sales Price

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

Mar-22$1,570,668$623,684 Apr-22$1,404,481$613,189 Monthly Average Sales Price Year-to-Date Average Sales Price May-22$1,450,008$625,327JuneSFHYoY%chgCNDYoY%chgJuneYTDSFHYoY%chgYTDCNDYoY%chg Jun-22$1,382,559$631,8222021$1,225,01136.2%$557,30215.8%2021$1,193,01326.0%$536,7326.0% Jul-22$1,329,023$590,9342022$1,382,55912.9%$631,82213.4%2022$1,429,89119.9%$618,08215.2% Aug-22$1,341,958$547,319 2023$1,300,456-5.9%$589,597-6.7% 2023$1,315,465-8.0%$614,681-0.6% Sep-22$1,307,249$607,502 Oct-22$1,243,960$676,988 Nov-22$1,387,685$594,444 Dec-22$1,325,156$576,689 Jan-23$1,139,294$633,441 Feb-23$1,427,864$592,131 Mar-23$1,391,538$651,630 Apr-23$1,223,383$603,795 May-23$1,355,804$623,748 Jun-23$1,300,456$589,597
$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 Price ($)
Single-Family Homes Condos 0K 500K 1.0M 1.5M 2.0M 202120222023 Price ($) SFH(YTD) 0K 200K 400K 600K 800K 202120222023 Price ($) CND(YTD) 0K 500K 1.0M 1.5M 202120222023 Price ($) SFH(Jun) 0K 200K 400K 600K 800K 202120222023 Price ($) CND(Jun)

Median Days on Market

OAHU, HAWAII

(DaysonMarketrepresentsthenumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted;theMedianDaysonMarketrepresentsthemedianofallsalesinagivenmonth)

SOURCE:

June 2023
Mo/Yr Single-Family HomesCondos Jun-202040 Jul-201326 Aug-201523 Sep-20921 Oct-201018 Nov-201016 Dec-201019 Jan-21918 Feb-21918 Mar-21914 Apr-21913 May-21812 Jun-21811 Jul-21911 Aug-21912 Sep-21911 Oct-211011 Nov-21119 Dec-211113 Jan-221214 Feb-221314 Mar-2299 Apr-221012 Monthly Median Days on Market Year-to-Date Median Days on Market May-221010JuneSFHYoY%chgCNDYoY%chgJuneYTDSFHYoY%chgYTDCNDYoY%chg Jun-22101120218-60.0%11-72.5%20219-57.1%13-58.1% Jul-22111220221025.0%110.0%20221011.1%11-15.4% Aug-221313 20231770.0%1863.6% 202325150.0%22100.0% Sep-221814 Oct-221919 Nov-221818 Dec-222521 Jan-232424 Feb-234728 Mar-233624 Apr-232420 May-232120 Jun-2317 18
0 5 10 15 20 25 30 35 40 45 50 Days on Market Median Days on Market Single-Family Homes Condos 0 5 10 15 20 25 30 202120222023 Days on Market SFH(YTD) 0 5 10 15 20 25 202120222023 Days on Market CND(YTD) 0 5 10 15 20 202120222023 Days on Market SFH(Jun) 0 5 10 15 20 202120222023 Days on Market CND(Jun)
Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Percent of Original List Price Received

June 2023

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodindicated)

Mo/Yr Single-Family HomesCondos

Jun-2098.7%97.7%

Jul-2098.8%97.9%

Aug-2098.7%98.3%

Sep-20100.0%98.6%

Oct-20100.0%98.3%

Nov-20100.0%99.0%

Dec-20100.0%98.5%

Jan-21100.7%98.8%

Feb-21100.0%98.8%

Mar-21100.4%99.1%

Apr-21101.9%99.6%

May-21101.4%100.0%

Jun-21104.2%100.0%

Jul-21103.9%100.0%

Aug-21103.0%100.0%

Sep-21103.1%100.0%

Oct-21102.2%100.0%

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%

Percent of Original List Price Received

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

Monthly Percent of Original List Price Received Year-to-Date Percent of Original List Price Received May-22102.2%100.0%JuneSFHYoY%chgCNDYoY%chgJuneYTDSFHYoY%chgYTDCNDYoY%chg Jun-22102.0%100.0%2021104.2%5.6%100.0%2.4%2021101.3%2.8%100.0%2.2% Jul-22100.0%100.0%2022102.0%-2.1%100.0%0.0%2022101.9%0.6%100.0%0.0% Aug-22100.0%100.0% 202399.5%-2.5%98.9%-1.1% 202397.9%-3.9%98.6%-1.4% Sep-2299.2%100.0% Oct-2299.8%99.0% Nov-2298.4%98.8% Dec-2296.7%98.5% Jan-2395.9%98.4% Feb-2396.0%98.0% Mar-2396.7%98.5% Apr-2398.3%98.7% May-2398.7%99.0% Jun-2399.5%98.9% 90.0% 92.0% 94.0% 96.0% 98.0% 100.0% 102.0% 104.0% 106.0% Percent Received
Single-Family Homes Condos 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202120222023 Percent Received SFH(YTD) 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202120222023 Percent Received CND(YTD) 95.0% 97.0% 99.0% 101.0% 103.0% 105.0% 202120222023 Percent Received SFH(Jun) 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202120222023 Percent Received CND(Jun)

New Listings

June 2023

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

Mo-Yr Single-Family HomesCondosTotal

Jun-20392598990

Jul-204226571,079

Aug-203876961,083

Sep-20368576944

Oct-203806641,044

Nov-20379561940

Dec-20264466730

Jan-213656591,024

Feb-21322623945

Mar-214397151,154

Apr-214597061,165

May-214306831,113

Jun-214827841,266

Jul-214696641,133

Aug-214607211,181

Sep-214127381,150

Oct-213767171,093

Nov-21358639997

Dec-21245527772

Apr-224247221,146 Monthly New Listings Year-to-Date New Listings May-224456871,132JuneSFHYoY%chgCNDYoY%chgJuneYTDSFHYoY%chgYTDCNDYoY%chg Jun-223916861,077202148223.0%78431.1%20212,49711.3%4,17019.4% Jul-223866161,0022022391-18.9%686-12.5%20222,359-5.5%4,2141.1% Aug-22381608989 2023324-17.1%535-22.0% 2023 1,719-27.1%3,165-24.9% Sep-22304601905 Oct-22285532817 Nov-22289526815 Dec-22164371535 Jan-23268523791 Feb-23233463696 Mar-23293530823 Apr-23292532824 May-23309582891 Jun-23324 535 859
Jan-22320666986 Feb-223677391,106 Mar-224127141,126
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 2,500 3,000 202120222023 Closed Sales SFH(YTD) 0 1,000 2,000 3,000 4,000 5,000 202120222023 Closed Sales CND(YTD) 0 100 200 300 400 500 600 202120222023 New Listings SFH(Jun) 0 200 400 600 800 1,000 202120222023 Closed Sales CND(Jun)
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Pending Sales*

June 2023

OAHU, HAWAII

(Ameasureofcontractactivityrepresentedbyacountofpropertiesthathavehadoffersacceptedonthemduringagivenmonth)

Mo/Yr Single-Family HomesCondosTotal

Jun-20423454877

Jul-20422483905

Aug-20410493903

Sep-20389451840

Oct-20358484842

Nov-20394470864

Dec-20315438753

Jan-21329534863

Feb-21365572937

Mar-213706561,026

Apr-214507271,177

May-214316991,130

Jun-214226661,088

Jul-214336581,091

Aug-214156171,032

Sep-213986291,027

Oct-214006301,030

Nov-21367573940

Dec-21287511798

Jan-22315574889

Feb-22316643959

Dec-22168289457

Jan-23267378645

Feb-23217399616

Mar-23258444702

Apr-23271438709

May-23258507765

Jun-23231 415 646

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

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

Monthly Pending Sales Year-to-Date Pending Sales
Jun-223055018062021422-0.2%66646.7%20212,36716.3%3,85471.3% Jul-222974847812022305-27.7%501-24.8%20222,042-13.7%3,673-4.7% Aug-22312475787 2023231-24.3%415-17.2% 20231,502-26.4%2,581-29.7% Sep-22224436660
Mar-223846911,075 Apr-223666631,029
May-22356601957JuneSFHYoY%chgCNDYoY%chgJuneYTDSFHYoY%chgYTDCNDYoY%chg
Oct-22198342540 Nov-22198359557
0 100 200 300 400 500 600 700 800 Listings
Single-Family Homes Condos 0 500 1,000 1,500 2,000 2,500 202120222023 Pending Sales SFH(YTD) 0 1,000 2,000 3,000 4,000 5,000 202120222023 Pending Sales CND(YTD) 0 100 200 300 400 500 202120222023 Pending Sales SFH(Jun) 0 100 200 300 400 500 600 700 202120222023 Pending Sales CND(Jun)
Pending Sales

Active Inventory*

June 2023

OAHU, HAWAII

(ThenumberofpropertiesinActive(A)statusattheendofthegivenmonth)

Mo/Yr Single-Family HomesCondosTotal

Jun-206831,8152,498

Jul-206421,8132,455

Aug-205651,7922,357

Sep-205291,7422,271

Oct-205211,7152,236

Nov-205031,6452,148

Dec-204191,4591,878

Jan-214171,3961,813

Feb-213501,3321,682

Mar-213791,2571,636

Apr-213811,1331,514

May-213379831,320

Jun-213771,0251,402

Jul-214159691,384

Aug-214169501,366

Sep-214371,0301,467

Oct-214011,0391,440

Nov-213661,0331,399

Dec-213099461,255

Total Active Inventory: Single-Family Homes + Condos

Jun-23605 1,159 1,764

*Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus.

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

Active Inventory
Jan-223119671,278JuneSFHYoY%chgCNDYoY%chg Feb-223489891,3372021377-44.8%1,025-43.5% Mar-223609191,279202252739.8%998-2.6% Apr-223959171,312 202360514.8%1,15916.1% May-224719391,410 Jun-225279981,525 Jul-225761,0501,626 Aug-225961,0731,669 Sep-226291,1411,770 Oct-226561,1941,850 Nov-226821,2441,926 Dec-225971,1701,767 Jan-235511,1961,747
Feb-235471,1771,724 Mar-235411,1521,693 Apr-235351,1441,679 May-235431,1181,661
0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000 Listings Active Inventory Single-Family Homes Condos 0 500 1,000 Active202120222023 Listings SFH(Jun) 0 500 1,000 1,500 Active202120222023 Listings CND(Jun) 0 500 1,000 1,500 2,000 2,500 3,000 Jun-20Jun-21Jun-22Jun-23 Listings Total Active Inventory Single-Family Homes + Condos Single-Family Homes Condos

Total Inventory In Escrow*

June 2023

OAHU, HAWAII

(Thenumberofpropertiesundercontractattheendofthegivenmonth/combinedlistingsinCandPstatus)

Mo/Yr Single-Family HomesCondosTotal

Jun-207036821,385

Jul-207427141,456

Aug-207487971,545

Sep-207027691,471

Oct-206937571,450

Nov-207118001,511

Dec-205757031,278

Jan-215968371,433

Feb-216979601,657

Mar-216919791,670

Apr-217391,0301,769

May-217931,1571,950

Jun-217541,0681,822

Jul-217351,0261,761

Aug-217279791,706

Sep-216609511,611

Oct-216639351,598

Nov-216378991,536

Dec-215287841,312

Total Inventory In Escrow

Total Inventory In Escrow: Single-Family Homes + Condos

Jun-225097281,237

Jul-224796761,155

Aug-224626541,116

Sep-22388590978

Oct-22345506851

Nov-22319512831

Dec-22278430708

Jan-23376523899

Feb-23386592978

Mar-23393602995

Apr-234356231,058

May-234186861,104

Jun-23370 612 982

*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

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

Jan-224987971,295JuneSFHYoY%chgCNDYoY%chg Feb-225449461,49020217547.3%1,06856.6% Mar-226039801,5832022509-32.5%728-31.8% Apr-225929561,548 2023370-27.3%612-15.9%
May-225838561,439
0 200 400 600 800 1,000 1,200 1,400 Listings
Inventory In Escrow Single-Family Homes Condos 0 500 1,000 202120222023 Listings SFH(Jun) 0 500 1,000 1,500 202120222023 Listings CND(Jun) 0 500 1,000 1,500 2,000 2,500 Jun-20Jun-21Jun-22Jun-23 Listings
Inventory In Escrow Single-Family Homes + Condos Single-Family Homes Condos
Total
Total

Months Supply of Active Inventory*

June 2023

OAHU, HAWAII (Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Mo/Yr Single-Family HomesCondos Jun-202.24.5 Jul-202.14.6

Months Supply of Active Inventory

Dec-210.81.6 Months Supply of Active Inventory Active Inventory vs. Closed Sales Jan-220.81.6JuneSFHYoY%chgCNDYoY%chg

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

Aug-201.84.6 Sep-201.74.5 Oct-201.74.4 Nov-201.64.3 Dec-201.33.7 Jan-211.33.6 Feb-211.13.3 Mar-211.23.0 Apr-211.12.5 May-211.02.1 Jun-211.02.0 Jul-211.11.8 Aug-211.11.7 Sep-211.21.8 Oct-211.11.8 Nov-211.01.7
Feb-220.91.620211.0-54.5%2.0-55.6% Mar-221.01.520221.550.0%1.6-20.0% Apr-221.11.5 20232.673.3%2.875.0% May-221.31.5 Jun-221.51.6 Jul-221.61.7
Aug-221.71.8 Sep-221.92.0 Oct-222.12.1 Nov-222.22.3 Dec-222.12.2 Jan-232.02.4 Feb-232.02.4 Mar-232.12.4 Apr-232.12.5 May-232.22.6 Jun-232.6 2.8
0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 Months of Inventory
Single-Family Homes Condos 0 1 2 3
of Inventory SFH(Jun) 0 1 2 3
of Inventory CND(Jun) 0 200 400 600 800 Jun-20Jun-21Jun-22Jun-23 Sales/Listings Single-Family Homes Active Closed 0 500 1,000 1,500 2,000 Jun-20Jun-21Jun-22Jun-23 Sales/Listings Condos Active Closed
Months202120222023
Months202120222023
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Housing Supply Overview

June 2023

OAHU, HAWAII

(Ayear-over-yearoverviewoftheavailabilityandsalesofpropertiesinagivenmonth,bypricerange)

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

Single-Family HomesJun-23Jun-22%chgJun-23Jun-22%chgJun-23Jun-22%chgJun-23Jun-22%chgJun-23Jun-22%chgJun-23Jun-22%chgJun-23Jun-22 %chgJun-23Jun-22%chg $449,999 and below 41300.0%322245.5%95.6%100.0%-4.4%20-12-50.0%5425.0%210-80.0%1.71.330.8% $450,000 - $599,999 39-66.7%2411118.2%96.2%93.1%3.3%10100.0%39-66.7%131118.2%1220-40.0%2.61.2116.7% $600,000 - $699,999 880.0%207185.7%98.9%103.8%-4.7%141216.7%13944.4%241471.4%1925-24.0%2.70.9200.0% $700,000 - $799,999 21205.0%232015.0%99.7%100.0%-0.3%1929-34.5%2021-4.8%423231.3%3546-23.9%2.11.190.9% $800,000 - $899,999 44432.3%2310130.0%99.1%101.8%-2.7%524515.6%3542-16.7%694072.5%5570-21.4%2.10.9133.3% $900,000 - $999,999 3462-45.2%2210120.0%98.5%101.6%-3.1%3655-34.5%3049-38.8%61593.4%4570-35.7%2.01.266.7% $1,000,000 - $1,499,999 71133-46.6%17988.9%99.5%102.7%-3.1%106128-17.2%75113-33.6%1551522.0%114153-25.5%1.91.258.3% $1,500,000 - 1,999,999 3742-11.9%111010.0%100.0%103.3%-3.2%4253-20.8%2834-17.6%856628.8%4660-23.3%3.11.5106.7% $2,000,000 - $2,999,999 1925-24.0%191090.0%93.0%100.0%-7.0%2129-27.6%171513.3%5054-7.4%2835-20.0%3.12.334.8% $3,000,000 and above 714-50.0%1011-9.1%96.1%100.0%-3.9%2230-26.7%911-18.2%101956.3%1420-30.0%11.25.6100.0% All Single-Family Homes248357-30.5%171070.0%99.5%102.0%-2.5%324391-17.1%231305-24.3%60552714.8%370509-27.3%2.61.573.3% CondosJun-23Jun-22%chgJun-23Jun-22%chgJun-23Jun-22%chgJun-23Jun-22%chgJun-23Jun-22%chgJun-23Jun-22%chgJun-23Jun-22%chgJun-23Jun-22%chg $149,999 and below 1013-23.1%9727259.3%89.6%93.8%-4.5%1216-25.0%181428.6%453915.4%272222.7%3.22.152.4% $150,000 - $299,999 5578-29.5%18175.9%100.0%100.0%0.0%5383-36.1%4958-15.5%132160-17.5%8196-15.6%2.61.936.8% $300,000 - $399,999 797012.9%14955.6%98.6%100.0%-1.4%83104-20.2%7294-23.4%1221138.0%99130-23.8%1.71.241.7% $400,000 - $499,999 82114-28.1%141040.0%100.0%100.7%-0.7%83107-22.4%6583-21.7%15111630.2%94109-13.8%2.11.190.9% $500,000 - $599,999 7098-28.6%12120.0%100.0%100.0%0.0%91113-19.5%6382-23.2%1369346.2%87111-21.6%2.21.0120.0% $600,000 - $699,999 6768-1.5%228175.0%98.4%100.0%-1.6%73679.0%635416.7%1167848.7%81810.0%2.41.1118.2% $700,000 - $999,999 69124-44.4%229144.4%99.0%100.0%-1.0%81121-33.1%5282-36.6%1931788.4%91122-25.4%2.91.770.6% $1,000,000 - $1,499,999 2636-27.8%311963.2%95.5%97.3%-1.8%36352.9%1720-15.0%1169324.7%2536-30.6%5.82.9100.0% $1,500,000 - $1,999,999 816-50.0%5419184.2%95.0%97.6%-2.7%1121-47.6%660.0%5860-3.3%910-10.0%8.36.038.3% $2,000,000 and above 49-55.6%44106-58.5%92.5%92.0%0.5%1219-36.8%10825.0%906832.4%181163.6%11.36.866.2% All Condos470626-24.9%181163.6%98.9%100.0%-1.1%535686-22.0%415501-17.2%1,15999816.1%612728-15.9%2.81.675.0% Active Inventory Active Inventory Closed SalesMedian Days on Market Percent of Original List Price ReceivedPending Sales Closed SalesMedian Days on Market Percent of Original List Price ReceivedPending Sales New Listings New Listings In Escrow Months Supply of Active Inventory Total Inventory In Escrow Months Supply of Active Inventory Total Inventory

Closed Sales by Price Range: Single-Family Homes

June 2023

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$449,999andbelow41300.0%3134-8.8%

$450,000-$599,99939-66.7%61105-41.9%

$600,000-$699,999880.0%110191-42.4%

$700,000-$799,99921205.0%237361-34.3%

$800,000-$899,99944432.3%400569-29.7%

$900,000-$999,9993462-45.2%366599-38.9%

$1,000,000-$1,499,99971133-46.6%9751,478-34.0%

$1,500,000-1,999,9993742-11.9%324519-37.6%

$2,000,000-$2,999,9991925-24.0%187276-32.2%

$3,000,000andabove714-50.0%106205-48.3%

All Single-Family Homes 248357-30.5%2,7974,337-35.5%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

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

HomesJun-23Jun-22%chg 12-mth Total This Period 12-mth Total Last Period%chg
Single-Family
0 20 40 60 80 100 120 140 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Closed Sales Sold Price Closed Sales by Price Range 1-mth Period: Single-Family Homes Jun-23 Jun-22 0 200 400 600 800 1,000 1,200 1,400 1,600 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Closed Sales Sold Price Closed Sales by Price Range 12-mth Period: Single-Family Homes 12-mth Total This Period 12-mth Total Last Period

Closed Sales by Price Range: Condos

June 2023

OAHU, HAWAII (Acountofpropertiesthathaveclosedinagivenmonth)

$149,999andbelow1013-23.1%165230-28.3%

$150,000-$299,9995578-29.5%6121,020-40.0%

$300,000-$399,999797012.9%8411,095-23.2%

$400,000-$499,99982114-28.1%8681,311-33.8%

$500,000-$599,9997098-28.6%7401,098-32.6%

$600,000-$699,9996768-1.5%587818-28.2%

$700,000-$999,99969124-44.4%7941,275-37.7%

$1,000,000-$1,499,9992636-27.8%245382-35.9%

$1,500,000-$1,999,999816-50.0%87115-24.3%

$2,000,000andabove49-55.6%90118-23.7%

All Condos 470626-24.9%5,0297,462-32.6% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

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

Condos Jun-23Jun-22%chg 12-mth Total This Period 12-mth Total Last Period%chg
0 20 40 60 80 100 120 140 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Closed Sales Sold Price Closed Sales by Price Range 1-mth Period: Condos Jun-23 Jun-22 0 200 400 600 800 1,000 1,200 1,400 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Closed Sales Sold Price Closed Sales by Price Range 12-mth Period: Condos 12-mth Total This Period 12-mth Total Last Period

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

June 2023

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

Median Days on Market by Price Range

1-mth

$449,999andbelow322245.5%1213-7.7%

$450,000-$599,9992411118.2%2811154.5%

$600,000-$699,999207185.7%2610160.0%

$700,000-$799,999232015.0%259177.8%

$800,000-$899,9992310130.0%219133.3%

$900,000-$999,9992210120.0%171070.0%

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

$1,000,000-$1,499,99917988.9%171070.0%

$1,500,000-1,999,999111010.0%131030.0%

$2,000,000-$2,999,999191090.0%161323.1%

$3,000,000andabove1011-9.1%422850.0%

All Single-Family Homes 171070.0%181080.0%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

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

HomesJun-23Jun-22%chg 12-mth Median This Period 12-mth Median Last Period%chg
Single-Family
0 5 10 15 20 25 30 35 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Days on Market Sold Price
Jun-23 Jun-22 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
Price
Period: Single-Family Homes
Sold
12-mth Median This Period 12-mth Median Last Period
Homes

Median Days on Market by Price Range: Condos

June 2023

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

Median Days on Market by Price Range

$149,999andbelow9727259.3%282227.3%

$150,000-$299,99918175.9%1920-5.0%

$300,000-$399,99914955.6%171241.7%

$400,000-$499,999141040.0%141040.0%

$500,000-$599,99912120.0%14955.6%

$600,000-$699,999228175.0%189100.0%

$700,000-$999,999229144.4%209122.2%

All Condos 181163.6%181163.6%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

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

Condos Jun-23Jun-22%chg 12-mth Median This Period 12-mth Median Last Period%chg
$1,500,000-$1,999,9995419184.2%413228.1%
$1,000,000-$1,499,999311963.2%311782.4%
$2,000,000andabove44106-58.5%3646-21.7%
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 Days on Market Sold Price
Period: Condos Jun-23 Jun-22 0 5 10 15 20 25 30 35 40 45 50 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Days on Market Sold Price
Days on Market by Price Range
Period: Condos 12-mth Median This Period 12-mth Median Last Period
1-mth
Median
12-mth

Median Percent of

Original List Price

Received by Price Range: Single-Family Homes

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

Median Percent of Original List Price Received by Price Range

Median Percent of Original List Price Received by Price Range

$1,500,000-1,999,999100.0%103.3%-3.2%100.0%102.7%-2.6%

$2,000,000-$2,999,99993.0%100.0%-7.0%97.9%100.0%-2.1%

$3,000,000andabove96.1%100.0%-3.9%95.8%96.9%-1.1%

All Single-Family Homes 99.5%102.0%-2.5%98.8%102.3%-3.4% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

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

June 2023
Single-Family HomesJun-23Jun-22%chg 12-mth Median This Period 12-mth Median Last Period%chg $449,999andbelow95.6%100.0%-4.4%100.0%100.0%0.0% $450,000-$599,99996.2%93.1%3.3%97.1%100.0%-2.9% $600,000-$699,99998.9%103.8%-4.7%96.9%101.5%-4.5% $700,000-$799,99999.7%100.0%-0.3%98.2%102.9%-4.6% $800,000-$899,99999.1%101.8%-2.7%98.8%103.2%-4.3% $900,000-$999,99998.5%101.6%-3.1%99.9%102.7%-2.7% $1,000,000-$1,499,99999.5%102.7%-3.1%99.1%103.1%-3.9%
80.0% 85.0% 90.0% 95.0% 100.0% 105.0% $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Percent Orig. LP Received Sold Price
1-mth Period: Single-Family Homes Jun-23 Jun-22 80.0% 85.0% 90.0% 95.0% 100.0% 105.0% $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Percent Orig. LP Received Sold Price
Single-Family Homes 12-mth Median This Period 12-mth Median Last Period
12-mth Period:

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

June 2023

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

Median Percent of Original List Price Received by Price Range

$1,000,000-$1,499,99995.5%97.3%-1.8%96.2%98.6%-2.4%

Median Percent of Original List Price Received by Price Range

$1,500,000-$1,999,99995.0%97.6%-2.7%95.7%97.4%-1.7%

$2,000,000andabove92.5%92.0%0.5%96.7%94.9%1.9%

All Condos 98.9%100.0%-1.1%99.1%100.0%-0.9% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

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

Condos Jun-23Jun-22%chg 12-mth Median This Period 12-mth Median Last Period%chg $149,999andbelow89.6%93.8%-4.5%95.6%96.8%-1.2% $150,000-$299,999100.0%100.0%0.0%98.2%98.6%-0.4% $300,000-$399,99998.6%100.0%-1.4%99.4%100.0%-0.6% $400,000-$499,999100.0%100.7%-0.7%100.0%100.0%0.0% $500,000-$599,999100.0%100.0%0.0%100.0%100.2%-0.2% $600,000-$699,99998.4%100.0%-1.6%99.2%100.9%-1.7% $700,000-$999,99999.0%100.0%-1.0%98.9%100.6%-1.7%
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-mth Period: Condos Jun-23 Jun-22 84.0% 86.0% 88.0% 90.0% 92.0% 94.0% 96.0% 98.0% 100.0% 102.0% $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Percent Orig. LP Received Sold Price
12-mth Period: Condos 12-mth Median This Period 12-mth Median Last Period

New Listings by Price Range: Single-Family Homes

June 2023

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$449,999andbelow20-1932-40.6%

$450,000-$599,99910100.0%71117-39.3%

$600,000-$699,999141216.7%141219-35.6%

$700,000-$799,9991929-34.5%270429-37.1%

$800,000-$899,999524515.6%486628-22.6%

$900,000-$999,9993655-34.5%459694-33.9%

$1,000,000-$1,499,999106128-17.2%1,1001,405-21.7%

$1,500,000-1,999,9994253-20.8%475536-11.4%

$2,000,000-$2,999,9992129-27.6%266318-16.4%

$3,000,000andabove2230-26.7%241301-19.9%

All Single-Family Homes324391-17.1%3,5284,679-24.6%

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

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

HomesJun-23Jun-22%chg 12-mth Total This Period 12-mth Total Last Period %chg
Single-Family
0 20 40 60 80 100 120 140 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above New Listings Original List Price
1-mth Period: Single-Family Homes Jun-23 Jun-22 0 200 400 600 800 1,000 1,200 1,400 1,600 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above New Listings Original List Price
Listings
12-mth Period: Single-Family Homes 12-mth Total This Period 12-mth Total Last Period
New Listings by Price Range
New
by Price Range

New Listings by Price Range: Condos

June 2023

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$149,999andbelow1216-25.0%187225-16.9%

$150,000-$299,9995383-36.1%7371,091-32.4%

$300,000-$399,99983104-20.2%9681,268-23.7%

$400,000-$499,99983107-22.4%1,0401,401-25.8%

$500,000-$599,99991113-19.5%8961,181-24.1%

$600,000-$699,99973679.0%740915-19.1%

$700,000-$999,99981121-33.1%1,0681,310-18.5%

$1,000,000-$1,499,99936352.9%396461-14.1%

$1,500,000-$1,999,9991121-47.6%1851793.4%

$2,000,000andabove1219-36.8%2021896.9%

All Condos 535686-22.0%6,4198,220-21.9% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

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

Condos Jun-23Jun-22%chg 12-mth Total This Period 12-mth Total Last Period %chg
0 20 40 60 80 100 120 140 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above New Listings Original List Price
Listings by Price Range 1-mth Period: Condos Jun-23 Jun-22 0 200 400 600 800 1,000 1,200 1,400 1,600 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above New Listings Original List Price New Listings by Price Range 12-mth Period: Condos 12-mth Total This Period 12-mth Total Last Period
New

Pending Sales by Price Range: Single-Family Homes

June 2023

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

Pending Sales by Price Range

$449,999andbelow12-50.0%2836-22.2%

$450,000-$599,99939-66.7%65126-48.4%

$600,000-$699,99913944.4%138234-41.0%

$700,000-$799,9992021-4.8%262415-36.9%

$800,000-$899,9993542-16.7%437622-29.7%

$900,000-$999,9993049-38.8%380684-44.4%

Pending Sales by Price Range

$1,000,000-$1,499,99975113-33.6%9661,321-26.9%

$1,500,000-1,999,9992834-17.6%312470-33.6%

$2,000,000-$2,999,999171513.3%190246-22.8%

$3,000,000andabove911-18.2%121188-35.6%

All Single-Family Homes 231305-24.3%2,8994,342-33.2% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

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

Single-Family HomesJun-23Jun-22%chg 12-mth Total This Period 12-mth Total Last Period%chg
0 20 40 60 80 100 120 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Pending Sales Current List Price
1-mth Period: Single-Family Homes Jun-23 Jun-22 0 200 400 600 800 1,000 1,200 1,400 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Pending Sales Current List Price
12-mth Period: Single-Family Homes 12-mth Total This Period 12-mth Total Last Period

Pending Sales by Price Range: Condos

June 2023

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

Pending Sales by Price Range

$149,999andbelow181428.6%166223-25.6%

$150,000-$299,9994958-15.5%605974-37.9%

$300,000-$399,9997294-23.4%8501,212-29.9%

$400,000-$499,9996583-21.7%8691,329-34.6%

$500,000-$599,9996382-23.2%6951,061-34.5%

$600,000-$699,999635416.7%606838-27.7%

Pending Sales by Price Range

$700,000-$999,9995282-36.6%7541,079-30.1%

$1,000,000-$1,499,9991720-15.0%230353-34.8%

$1,500,000-$1,999,999660.0%96106-9.4%

$2,000,000andabove10825.0%95116-18.1%

All Condos 415501-17.2%4,9667,291-31.9% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

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

Condos Jun-23Jun-22%chg 12-mth Total This Period 12-mth Total Last Period%chg
0 10 20 30 40 50 60 70 80 90 100 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Pending Sales Current List Price
1-mth Period: Condos Jun-23 Jun-22 0 200 400 600 800 1,000 1,200 1,400 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Pending Sales Current List Price
12-mth Period: Condos 12-mth Total This Period 12-mth Total Last Period

Active Inventory* by Price Range: Single-Family Homes

June 2023

OAHU, HAWAII

(Thenumberofpropertiesactiveonmarketattheendofagivenmonth)

Single-Family HomesJun-23Jun-22YOY chg

$449,999andbelow5425.0%

Active Inventory by Price Range

$450,000-$599,999131118.2%

$600,000-$699,999241471.4%

$700,000-$799,999423231.3%

$800,000-$899,999694072.5%

$900,000-$999,99961593.4%

$1,000,000-$1,499,9991551522.0%

Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange)

$1,500,000-1,999,999856628.8%

$2,000,000-$2,999,9995054-7.4%

$3,000,000andabove101956.3%

All Single-Family Homes 60552714.8%

*Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandC status.

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

0 20 40 60 80 100 120 140 160 180 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Active Listings Current List Price
Single-Family Homes Jun-23 Jun-22 3% 9% 19% 41% 28% JUN-22 $599,999 and below $600,000 to $799,999 $800,000 to $999,999 $1,000,000 to $1,999,999 $2,000,000 and above 3% 11% 21% 40% 25% JUN-23 $599,999 and below $600,000 to $799,999 $800,000 to $999,999 $1,000,000 to $1,999,999 $2,000,000 and above

Active Inventory* by Price Range: Condos

June 2023

OAHU, HAWAII

(Thenumberofpropertiesactiveonmarketattheendofagivenmonth)

Condos Jun-23Jun-22YOY chg

$149,999andbelow453915.4%

Active Inventory by Price Range

$150,000-$299,999132160-17.5%

$300,000-$399,9991221138.0%

$400,000-$499,99915111630.2%

$500,000-$599,9991369346.2%

$600,000-$699,9991167848.7%

$700,000-$999,9991931788.4%

Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange)

$1,000,000-$1,499,9991169324.7%

$1,500,000-$1,999,9995860-3.3%

$2,000,000andabove906832.4%

All Condos 1,15999816.1% *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandC status.

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

0 50 100 150 200 250 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Active Listings Current List Price
Condos Jun-23 Jun-22 20% 23% 17% 27% 13% JUN-22 $299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000 to $1,499,999 $1,500,000 and above 15% 23% 22% 27% 13% JUN-23 $299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000 to $1,499,999 $1,500,000 and above

Active Inventory*: Single-Family Homes and Condos

June 2023

OAHU, HAWAII

iousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus.

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

Single-Family Homes
$599,999 and below 162015131813138111110141512810141615122418151318 $600,000 to $799,999 36334339393424224038273846595764809467656269556066 $800,000 to $999,999 60717078625444544952719399113128133157148143121115127117117130 $1,000,000 to $1,999,999 126146145165155135101111139139160193218226236251243251216207204191201209240 $2,000,000 and above 139145143142127130127116109120127133149166167171162173156146142136147144151 Total 377415416437401366309311348360395471527576596629656682597551547541535543605 Condos
$299,999 and below 253227217227218205198188204188194187199188176184183189185179185183182184177 $300,000 to $499,999 280272266298302275248250243205194219229238243263267292261277282251251252273 $500,000 to $699,999 161145142152158189158183183165161162171172196250274272245243229251244236252 $700,000 to $1,499,999 193187191206218227203216232232240253271328330317325340318329322308307289309 $1,500,000 and above 138138134147143137139130127129128118128124128127145151161168159159160157148 Total 1,0259699501,0301,0391,0339469679899199179399981,0501,0731,1411,1941,2441,1701,1961,1771,1521,1441,1181,159 *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Prev
0 50 100 150 200 250 300 Jun-21 Jun-22 Jun-23 Listings Active Inventory Single-Family Homes $599,999 and below $600,000 to $799,999 $800,000 to $999,999 $1,000,000 to $1,999,999 $2,000,000 and above 0 50 100 150 200 250 300 350 400 Jun-21 Jun-22 Jun-23 Lisings Active Inventory Condos $299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000 to $1,499,999 $1,500,000 and above
J-21J-21A-21S-21O-21N-21D-21J-22F-22M-22A-22M-22J-22J-22A-22S-22O-22N-22D-22J-23F-23M-23A-23M-23J-23
J-21J-21A-21S-21O-21N-21D-21J-22F-22M-22A-22M-22J-22J-22A-22S-22O-22N-22D-22J-23F-23M-23A-23M-23J-23

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

June 2023

OAHU, HAWAII

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

Single-Family HomesJun-23Jun-22YOY chg

Total Inventory In Escrow by Price Range

$449,999andbelow210-80.0%

$450,000-$599,9991220-40.0%

$600,000-$699,9991925-24.0%

$700,000-$799,9993546-23.9%

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

$900,000-$999,9994570-35.7%

Total Inventory In Escrow - Percent Share by Price Range

(portionoftotalinventoryinescrowrepresentedbyagivenprice range)

$1,000,000-$1,499,999114153-25.5%

$1,500,000-1,999,9994660-23.3%

$2,000,000-$2,999,9992835-20.0%

370509-27.3%

*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

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

$3,000,000andabove1420-30.0% All Single-Family Homes
0 20 40 60 80 100 120 140 160 180 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Active Listings Current List Price
Single-Family Homes Jun-23 Jun-22 6% 14% 27% 42% 11% JUN-22 $599,999 and below $600,000 to $799,999 $800,000 to $999,999 $1,000,000 to $1,999,999 $2,000,000 and above 4% 15% 27% 43% 11% JUN-23 $599,999 and below $600,000 to $799,999 $800,000 to $999,999 $1,000,000 to $1,999,999 $2,000,000 and above

Total Inventory In Escrow* by Price Range: Condos

June 2023

OAHU, HAWAII

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)

Condos Jun-23Jun-22YOY chg

Total Inventory In Escrow by Price Range

$149,999andbelow272222.7%

$150,000-$299,9998196-15.6%

$300,000-$399,99999130-23.8%

$400,000-$499,99994109-13.8%

$500,000-$599,99987111-21.6%

$600,000-$699,99981810.0%

$700,000-$999,99991122-25.4%

Total Inventory In Escrow - Percent Share by Price Range

$1,000,000-$1,499,9992536-30.6%

$1,500,000-$1,999,999910-10.0%

$2,000,000andabove181163.6%

All Condos 612728-15.9%

*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.

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

(portionoftotalinventoryinescrowrepresentedbyagivenprice range) 0 20 40 60 80 100 120 140 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Active Listings Current List Price
Condos Jun-23 Jun-22 16% 33% 26% 22% 3% JUN-22 $299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000 to $1,499,999 $1,500,000 and above 18% 32% 27% 19% 4% JUN-23 $299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000 to $1,499,999 $1,500,000 and above

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

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Single-Family HomesJun-23Jun-22YOY chg

Months Supply of Inventory by Price Range

$449,999andbelow1.71.330.8%

$450,000-$599,9992.61.2116.7%

$600,000-$699,9992.70.9200.0%

$700,000-$799,9992.11.190.9%

$800,000-$899,9992.10.9133.3%

$900,000-$999,9992.01.266.7%

Months Supply of Inventory

SOURCE:

$3,000,000andabove11.25.6100.0% All Single-Family Homes 2.61.573.3% 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
$1,000,000-$1,499,9991.91.258.3% $1,500,000-1,999,9993.11.5106.7% $2,000,000-$2,999,9993.12.334.8%
Single-Family Homes Jun-23 Jun-22 0 2 4 6 8 Jun-21Jun-22Jun-23 Months of Inventory
Single-Family Homes $599,999 and below $600,000 to $799,999 $800,000
$999,999 $1,000,000
$2,000,000
to
to $1,999,999
and above
Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.

Months Supply of Active Inventory by Price Range: Condos

June 2023

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Condos Jun-23Jun-22YOY chg

Months Supply of Inventory by Price Range

$149,999andbelow3.22.152.4%

$150,000-$299,9992.61.936.8%

$300,000-$399,9991.71.241.7%

$400,000-$499,9992.11.190.9%

$500,000-$599,9992.21.0120.0%

$600,000-$699,9992.41.1118.2%

Months Supply of Inventory

$700,000-$999,9992.91.770.6%

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

All Condos 2.81.675.0% 0 3 6 9 12 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Months of Inventory Current List Price
$1,000,000-$1,499,9995.82.9100.0% $1,500,000-$1,999,9998.36.038.3% $2,000,000andabove11.36.866.2%
Condos Jun-23 Jun-22 0 2 4 6 8 10 12 14 16 Jun-21Jun-22Jun-23 Months of Inventory
Condos $299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000
$1,499,999 $1,500,000
to
and above
Closed
Single-Family Homes and Condos OAHU, HAWAII: Jan 1987 to the Present 0 100 200 300 400 500 600 700 800 900 1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023 Closed Sales SFH Closed Sales CONDO SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Sales

Honolulu

Median Sales Price

compiled from

Homes and Condos OAHU, HAWAII: Jan 1987 to the Present $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023 Median Sales Price SFH Median Sales Price CONDO
Single-Family
SOURCE:
Board of REALTORS®,
MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.

Turn static files into dynamic content formats.

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