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Hawaii Statewide Real Estate Report

April 2022

Market Statistics

Prices Continue to Rise in April

Hawaii State Median Sale Price movement is up in April 2022, with the home price up 16% to $1,000,000 and the condo price up 14% to $570,000 from last year.

Home and Condo Sales Down in April

Hawaii State sales activity is down in April 2022, with home sales down -13% and condo sales down -13% from last year.

The Hawaii Market is Getting Increasingly Competitive

Inventory for sale is dropping, Days on Market are dropping, and bid-ups (the percent of sales bid-up over asking price) are increasing, for both homes and condos.

SINGLE FAMILY HOMES This Month APRIL 2022 Last Month MARCH 2022 Last Year APRIL 2021
Median Sale Price $1,000,000 $950,000 $865,000
Average Sale Price $1,417,015 $1,421,293 $1,257,616
Homes Sold 776 780 887
Median Days on Market 14 14 15
Bid Ups 48% 43% 37%
CONDOMINIUMS This Month APRIL 2022 Last Month MARCH 2022 Last Year APRIL 2021
Median Sale Price $570,000 $550,000 $501,500
Average Sale Price $781,632 $763,735 $657,324
Condos Sold 977 999 1,122
Median Days on Market 16 14 25
Bid Ups 42% 45% 24%

MARKET REPORTS

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View our 2019 Oahu Real Estate Forcast