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Hawaii Statewide Real Estate Report

MAY 2025

Market Statistics

MEDIAN SALE PRICE MIXED IN MAY

Hawaii State median sale price movement is mixed in May 2025, with the home price down -3% to $978,000 and the condo price up 2% to $552,659 from last year.

HOME AND CONDO SALES DOWN IN MAY

Hawaii State sales activity is down in May 2025, with home sales down -16% and condo sales down -25% from last year.

MARKET TIMES ARE MIXED IN MAY

Hawaii State market times are mixed in May 2025, with the home Days on Market down -3% to 29 and the condo Days on Market up 57% to 44 from last year.

SINGLE FAMILY HOMES This MONTH MAY 2025 Last MONTH APRIL 2025 Last Year MAY 2024
Median Sale Price $978,000 $1,096,500 $1,010,000
Average Sale Price $1,231,679 $1,352,781 $1,399,794
Homes Sold 455 470 543
Median Days on Market 29 36 30
Bid Ups 26% 23% 24%
CONDOMINIUMS This MONTH MAY 2025 Last MONTH APRIL 2025 Last Year MAY 2024
Median Sale Price $552,659 $540,000 $540,000
Average Sale Price $781,448 $740,250 $807,811
Condos Sold 498 530 666
Median Days on Market 44 51 28
Bid Ups 12% 13% 19%
MARKET REPORTS

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