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Competition Continues To Set Records
April 2021
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Oahu Median Sale Price movement is mixed in April 2021, with the home price up 15% to $930,000 and the condo price flat 0% to $450,000 from last year.
Oahu sales activity is up in April 2021, with home sales up 53% and condo sales up 88% 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 APRIL 2021 | Last Month MARCH 2021 | Last Year APRIL 2020 |
|---|---|---|---|
| Median Sale Price | $930,000 | $950,000 | $810,000 |
| Average Sale Price | $1,214,417 | $1,220,954 | $946,904 |
| Homes Sold | 387 | 369 | 253 |
| Median Days on Market | 10 | 9 | 16 |
| Bid Ups | 54% | 48% | 22% |
| CONDOMINIUMS | This Month APRIL 2021 | Last Month MARCH 2021 | Last Year APRIL 2020 |
|---|---|---|---|
| Median Sale Price | $450,000 | $445,000 | $450,000 |
| Average Sale Price | $528,785 | $527,405 | $521,243 |
| Condos Sold | 647 | 634 | 345 |
| Median Days on Market | 14 | 16 | 27 |
| Bid Ups | 30% | 28% | 11% |
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