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Competition Continues To Set Records
March 2021
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Oahu Median Sale Prices hit another record high in March 2021, with the home price up 17% to $950,000 and the condo price up 2% to $445,500 from last year.
Oahu sales activity is up in March 2021, with home sales up 17% and condo sales up 50% from last year.
Inventory for sale is dropping, Days on Market are dropping, and bid-ups (the percent of sales bid-up over asking price) are increasing, for both homes and condos.
| SINGLE FAMILY HOMES | This Month MARCH 2021 | Last Month FEBRUARY 2021 | Last Year MARCH 2020 |
|---|---|---|---|
| Median Sale Price | $950,000 | $920,000 | $812,500 |
| Average Sale Price | $1,221,691 | $1,169,539 | $973,959 |
| Homes Sold | 368 | 269 | 314 |
| Median Days on Market | 9 | 11 | 15 |
| Bid Ups | 48% | 46% | 20% |
| CONDOMINIUMS | This Month MARCH 2021 | Last Month FEBRUARY 2021 | Last Year MARCH 2020 |
|---|---|---|---|
| Median Sale Price | $445,500 | $455,000 | $435,000 |
| Average Sale Price | $527,942 | $565,303 | $524,839 |
| Condos Sold | 632 | 448 | 421 |
| Median Days on Market | 16 | 19 | 24 |
| Bid Ups | 28% | 28% | 14% |
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