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Hawaii Statewide Real Estate Report

March 2021

Market Statistics

Prices Move Up in March

Hawaii State Median Sale Price movement is up in March 2021, with the home price up 16% to $832,500 and the condo price up 10% to $505,000 from last year.

Home and Condo Sales Up in March

Hawaii State sales activity is up in March 2021, with home sales up 26% and condo sales up 53% from last year.

Coronavirus Effects Have Passed Through the Market

Homes are faring better than condos, with sales increasing, and days on market decreasing. Prices are rising for both homes and condos.

SINGLE FAMILY HOMES This Month MARCH 2021 Last Month FEBRUARY 2021 Last Year MARCH 2020
Median Sale Price $832,500 $827,000 $720,500
Average Sale Price $1,223,591 $1,230,043 $866,034
Homes Sold 872 655 694
Median Days on Market 20 25 42
Bid Ups 34% 29% 15%
CONDOMINIUMS This Month MARCH 2021 Last Month FEBRUARY 2021 Last Year MARCH 2020
Median Sale Price $505,000 $490,000 $460,000
Average Sale Price $665,559 $668,678 $603,177
Condos Sold 1051 751 688
Median Days on Market 37 35 43
Bid Ups 21% 21% 12%

MARKET REPORTS

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View our 2019 Oahu Real Estate Forcast