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Hawaii Statewide Real Estate Report

November 2018

Market Statistics

Prices up for Homes and Condos

Prices rose again for Hawaii homes and condos in November 2018, with the Hawaii State median home price up 2.0% to $699,000 and the median condo price up 6.7% to $432,000 from November of last year.

Home Sales Slower in November

Sales activity in Hawaii State slowed again in November 2018, with home sales down -10.2% and condo sales down -13.6% from November last year.

Days on Market Drops

Homes and condos were selling faster across the state, with days on market down -51% for homes and down -3.3% for condos.

SINGLE FAMILY HOMES This Month NOVEMBER 2018 Last Month OCTOBER 2018 Last Year NOVEMBER 2017
Median Sale Price $699,000 $703,000 $685,000
Average Sale Price $938,000 $882,000 $909,000
Homes Sold 583 617 649
Median Days on Market 57 43 34
Bid Ups 17% 17% 21%
CONDOMINIUMS This Month NOVEMBER 2018 Last Month OCTOBER 2018 Last Year NOVEMBER 2017
Median Sale Price $432,000 $410,000 $405,000
Average Sale Price $593,000 $518,000 $518,000
Condos Sold 637 679 737
Median Days on Market 34 30 46
Bid Ups 13% 13% 18%

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