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Oahu Real Estate Report

April 2022

Market Statistics

Oahu Prices in April at Record Highs

In April, median prices remained near record highs, with homes at $1,111,000 and condos at $510,000. Median prices continue to rise, pushed upward by strong demand, low inventory, and competitive market conditions.

Oahu Sales Activity mixed in April

Sales in April are down -6% for homes and up 3% for condos over April 2021. Now the pace of sales is following the seasonal trend, good news for a more stable market.

Highly Competitive Market

Bid-ups continue at record highs; 61.5% of homes sold in April, and 42.0% of condos sold were bid-up over asking price. These competitive market conditions point to rising prices continuing in 2022.

SINGLE FAMILY HOMES This Month APRIL 2022 Last Month MARCH 2022 Last Year APRIL 2021
Median Sale Price $1,110,711 $1,150,000 $929,000
Average Sale Price $1,405,296 $1,565,912 $1,209,348
Homes Sold 370 330 394
Median Days on Market 11 11 10
Bid Ups 62% 57% 54%
CONDOMINIUMS This Month APRIL 2022 Last Month MARCH 2022 Last Year APRIL 2021
Median Sale Price $510,000 $517,000 $450,000
Average Sale Price $614,743 $622,836 $528,733
Condos Sold 670 678 650
Median Days on Market 13 11 14
Bid Ups 42% 47% 30%

MARKET REPORTS

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

View our 2019 Oahu Real Estate Market Forecast