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Competition Continues To Set Records
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Competition Continues To Set Records
April 2019
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Price activity was down in April 2019, with the median home price down -3.4% to $770,000 and the median condo price down -0.7% to $418,000 from April of last year.
Oahu sales activity was mixed in April, with the number of home sales up 7% and condo sales down -15% from April last year.
The pace of sales is slowing around the island, with median days on market increasing to 24 and 29 days for homes and condos, respectively. Still a competitive market, however; properties are going into escrow in 4 weeks.
| SINGLE FAMILY HOMES | This Month APRIL 2019 | Last Month MARCH 2019 | Last Year APRIL 2018 |
|---|---|---|---|
| Median Sale Price | $770,000 | $788,500 | $797,625 |
| Average Sale Price | $876,362 | $914,012 | $987,293 |
| Homes Sold | 321 | 286 | 300 |
| Median Days on Market | 24 | 25 | 19 |
| Bid Ups | 24% | 17% | 26% |
| CONDOMINIUMS | This Month APRIL 2019 | Last Month MARCH 2019 | Last Year APRIL 2018 |
|---|---|---|---|
| Median Sale Price | $418,000 | $425,000 | $421,000 |
| Average Sale Price | $514,294 | $512,123 | $547,834 |
| Condos Sold | 477 | 472 | 561 |
| Median Days on Market | 29 | 24 | 20 |
| Bid Ups | 13% | 10% | 22% |
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