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Hawaii Statewide Real Estate Report

July 2018

Market Statistics

Prices up for Homes and Condos

Prices rose again for Hawaii homes and condos in July 2018, with the Hawaii State median home price up 5.2% to $689,000 and the median condo price up 4.8% to $435,000 from July of last year.

Home Sales Activity Mixed

Sales activity in Hawaii State showed mixed results in July 2018, with home sales down -3.4% and condo sales up 1.9% from July last year.

Hawaii's Market Mix

Hawaii's residential market is dominated by Oahu, where 50% of all home sales and 70% of all condo sales occur. .

SINGLE FAMILY HOMES This Month JULY 2018 Last Month JUNE 2018 Last Year JULY 2017
Median Sale Price $689,000 $686,000 $655,000
Average Sale Price $846,000 $825,000 $819,000
Homes Sold 679 731 703
Median Days on Market 139 33 141
Bid Ups 21% 22% 20%
CONDOMINIUMS This Month JULY 2018 Last Month JUNE 2018 Last Year JULY 2017
Median Sale Price $435,000 $445,000 $415,000
Average Sale Price $547,000 $584,000 $531,000
Condos Sold 710 853 697
Median Days on Market 77 45 74
Bid Ups 15% 15% 19%

MARKET REPORTS

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