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Hawaii Statewide Real Estate Report

December 2020

Market Statistics

Prices Move Up in December

Hawaii State Median Sale Price movement is up in December 2020, with the home price up 14% to $800,000 and the condo price up 6% to $475,000 from last year.

Home and Condo Sales Up in December

Hawaii State sales activity is up in December 2020, with home sales up 38% and condo sales up 24% from last year.

Coronavirus Effects are Passing Through the Market

Homes are faring better than condos, with sales increasing, and days on market decreasing. Prices are rising for both homes and condos.

SINGLE FAMILY HOMES This Month DECEMBER 2020 Last Month NOVEMBER 2020 Last Year DECEMBER 2019
Median Sale Price $800,000 $785,000 $700,000
Average Sale Price $1,140,312 $999,773 $880,660
Homes Sold 912 759 662
Median Days on Market 19 23 39
Bid Ups 32% 28% 19%
CONDOMINIUMS This Month DECEMBER 2020 Last Month NOVEMBER 2020 Last Year DECEMBER 2019
Median Sale Price $475,000 $455,000 $450,000
Average Sale Price $594,629 $602,008 $588,436
Condos Sold 834 658 673
Median Days on Market 39 37 42
Bid Ups 16% 15% 11%

MARKET REPORTS

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View our 2019 Oahu Real Estate Forcast