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Hawaii Statewide Real Estate Report

October 2017

Market Statistics

Prices are up

Prices rose slightly for Hawaii homes and condos in October 2017, with the Hawaii State median home price up 2.6% to $667,000 and the median condo price up 0.5% to $402,000 from October of last year.

Sales are On the Increase

Sales increased again in October 2017, up 22% for both homes and condos statewide. Homes and condos on every island experienced increased sales.

Demand for Hawaii Homes and Condos

Statewide, about 1 in every 5 homes or condos sold in October 2017 was bid-up over asking price. This varies widely by island and by market.

SINGLE FAMILY HOMES
OCTOBER 2017

SEPTEMBER 2017

OCTOBER 2016
Median Sale Price $667,000 $669,000 $650,000
Average Sale Price $815,000 $862,000 $755,000
Homes Sold 754 711 619
Median Days on Market 77 105 152
Bid Ups 21% 22% 22%
CONDOMINIUMS
OCTOBER 2017

SEPTEMBER 2017

OCTOBER 2016
Median Sale Price $402,000 $420,000 $400,000
Average Sale Price $521,000 $545,000 $496,000
Condos Sold 764 764 626
Median Days on Market 29 69 70
Bid Ups 18% 20% 19%
MARKET REPORTS

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View our Interactive Market Report