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Hawaii Statewide Real Estate Report

August 2020

Market Statistics

Price Activity Up in August

Hawaii State Median Sale Price movement is up in August 2020, with the home price up 2% to $739,500 and the condo price up 7% to $460,000 from last year.

Home and Condo Sales Mixed in August

Hawaii State sales activity is mixed in August 2020, with home sales up 0% and condo sales down -18% from last year.

Coronavirus Starting to Show Effects on Sales

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 AUGUST 2020 Last Month JULY 2020 Last Year AUGUST 2019
Median Sale Price $739,500 $730,000 $725,000
Average Sale Price $945,071 $880,588 $910,638
Homes Sold 762 717 761
Median Days on Market 32 34 42
Bid Ups 12% 14% 12%
CONDOMINIUMS This Month AUGUST 2020 Last Month JULY 2020 Last Year AUGUST 2019
Median Sale Price $460,000 $440,000 $428,500
Average Sale Price $624,402 $523,782 $531,020
Condos Sold 600 606 732
Median Days on Market 41 41 33
Bid Ups 12% 14% 12%

MARKET REPORTS

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View our 2019 Oahu Real Estate Forcast