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Hawaii Statewide Real Estate Report

December 2022

Market Statistics

Mixed Median Sale Prices in December

Hawaii State median sale price movement is mixed in December 2022, with the home price down -2% to $930,000 and the condo price up 3% to $540,000 from last year.

Home and Condo Sales Down in December

Hawaii State sales activity is down in December 2022, with home sales down -47% and condo sales down -47% from last year.

Market Times are Up in December

Hawaii State market times are up in December 2022, with the home Days on Market up 122% to 36 and the condo Days on Market up 40% to 28 from last year.

SINGLE FAMILY HOMES This Month DECEMBER 2022 Last Month NOVEMBER 2022 Last Year DECEMBER 2021
Median Sale Price $930,000 $$937,088 $950,000
Average Sale Price $1,181,577 $1,180,059 $1,276,908
Homes Sold 456 468 855
Median Days on Market 36 31 16
Bid Ups 24% 28% 44%
CONDOMINIUMS This Month DECEMBER 2022 Last Month NOVEMBER 2022 Last Year DECEMBER 2021
Median Sale Price $540,000 $530,000 $522,500
Average Sale Price $667,930 $730,933 $726,223
Condos Sold 488 464 922
Median Days on Market 28 27 20
Bid Ups 23% 23% 38%

MARKET REPORTS

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