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Hawaii Statewide Real Estate Report

MARCH 2024

Market Statistics

MEDIAN SALE PRICE MIXED IN MARCH

Hawaii State median sale price movement is mixed in March 2024, with the home price up 8% to $1,047,000 and the condo price down -1% to $579,500 from last year.

HOME AND CONDO SALES DOWN IN MARCH

Hawaii State sales activity is down in March 2024, with home sales down -2% and condo sales down -21% from last year.

MARKET TIMES ARE MIXED IN MARCH

Hawaii State market times are mixed in March 2024, with the home Days on Market down -20% to 41 and the condo Days on Market up 6% to 37 from last year.

SINGLE FAMILY HOMES This MONTH MARCH 2024 Last MONTH FEBRUARY 2024 Last Year MARCH 2023
Median Sale Price $1,047,000 $955,000 $967,000
Average Sale Price $1,379,568 $1,463,943 $1,296,663
Homes Sold 490 440 502
Median Days on Market 41 36 51
Bid Ups 21% 21% 20%
CONDOMINIUMS This MONTH MARCH 2024 Last MONTH FEBRUARY 2024 Last Year MARCH 2023
Median Sale Price $579,500 $555,000 $587,000
Average Sale Price $837,937 $729,077 $783,165
Condos Sold 524 468 666
Median Days on Market 37 38 35
Bid Ups 19% 20% 21%
MARKET REPORTS

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