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Hawaii Statewide Real Estate Report

December 2019

Market Statistics

Price Activity Up in December

Hawaii State Median Sale Price movement is up in December 2019, with the home price up 4% to $700,038 and the condo price up 9% to $450,000 from last year.

Home and Condo Sales Mixed in December

Hawaii State sales activity is mixed in December 2019, with home sales up 10% and condo sales down -4% from last year.

Competitive Market Eases

Oahu is leading a market easing across the state, with days on market increasing and bid-ups decreasing.

SINGLE FAMILY HOMES This Month DECEMBER 2019 Last Month NOVEMBER 2019 Last Year DECEMBER 2018
Median Sale Price $700,038 $700,000 $675,000
Average Sale Price $883,689 $913,682 $800,415
Homes Sold 654 637 592
Median Days on Market 39 39 47
Bid Ups 19% 14% 14%
CONDOMINIUMS This Month DECEMBER 2019 Last Month NOVEMBER 2019 Last Year DECEMBER 2018
Median Sale Price $450,000 $437,000 $412,750
Average Sale Price $590,542 $539,603 $523,448
Condos Sold 661 657 688
Median Days on Market 42 42 34
Bid Ups 11% 13% 11%

MARKET REPORTS

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View our 2019 Oahu Real Estate Forcast