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Oahu Real Estate Report

December 2019

Market Statistics

Prices Up in December, Pushing 2019 Year Prices Up

Oahu Median Sale Price movement is up in December 2019, with the home price up 6% to $825,000 and the condo price up 7% to $428,000 from last year.

Oahu Sales Activity Mixed in December

Oahu sales activity is mixed in December 2019, with home sales up 17% and condo sales down -5% from last year.

Competitive Market Easing beginning to turn around

The competitive Oahu real estate market eased in 2018 and through 2019, compared to previous periods. However signs are pointing to the market changing direction upward again in 2020.

SINGLE FAMILY HOMES This Month DECEMBER 2019 Last Month NOVEMBER 2019 Last Year DECEMBER 2018
Median Sale Price $825,000 $791,999 $780,000
Average Sale Price $977,315 $1,055,893 $974,566
Homes Sold 311 322 265
Median Days on Market 19 21 29
Bid Ups 23% 18% 18%
CONDOMINIUMS This Month DECEMBER 2019 Last Month NOVEMBER 2019 Last Year DECEMBER 2018
Median Sale Price $428,000 $415,000 $398,500
Average Sale Price $579,647 $485,371 $449,361
Condos Sold 424 435 448
Median Days on Market 30 25 25
Bid Ups 10% 13% 12%

MARKET REPORTS

2019 Market Insights Report: View Our 2019 Oahu Real Estate Market Forecast.

View our 2019 Oahu Real Estate Market Forecast