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Competition Continues To Set Records
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Competition Continues To Set Records
Q3 2018
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Oahu prices rose again in 2018 Q3, with the median home price up 5.8% to $809,500 and the median condo price up 0.9% to $429,000.
Oahu sales activity eased in Q3 2018. Oahu home sales were down 7.1% from Q3 last year; condo sales were down 3.4% from last year.
The Oahu market is very competitive, with low days on market and homes and condos bid-up over asking price.
| SINGLE FAMILY HOMES | This Quarter 2018 Q3 | Last QUARTEr 2018 Q2 | Last YEAr 2017 Q3 |
|---|---|---|---|
| Median Sale Price | $809,500 | $782,388 | $765,000 |
| Average Sale Price | $1,011,902 | $992,239 | $919,601 |
| Homes Sold | 1,028 | 1,019 | 1,107 |
| Median Days on Market | 16 | 17 | 18 |
| Bid Ups | 27% | 27% | 30% |
| CONDOMINIUMS | This Quarter 2018 Q3 | Last QUARTEr 2018 Q2 | Last YEAr 2017 Q3 |
|---|---|---|---|
| Median Sale Price | $429,000 | $428,000 | $425,000 |
| Average Sale Price | $512,233 | $527,379 | $494,177 |
| Condos Sold | 1,555 | 1,617 | 1,609 |
| Median Days on Market | 20 | 19 | 17 |
| Bid Ups | 17% | 21% | 25% |
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