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Oahu Real Estate Report

January 2018

Market Statistics

Home Sales Hit Highest January Ever

Home sales were up 1% in January year-over-year, bringing them to their highest January count ever. Condo sales in January 2018 were down 4% from last year.

Prices Show Continued Increases in January

Median prices rose over last year again, up 7% for homes to $779,000 and up 12% for condos to $439,000.

Brisk Sales Pace Continues

Days on Market for both Homes and Condos dropped significantly from January 2017. Properties listed for sale are going to offer acceptance in about 3 weeks.

SINGLE FAMILY HOMES
JANUARY 2018

DECEMBER 2017

JANUARY 2017
Median Sale Price $783,000 $750,000 $730,000
Average Sale Price $942,000 $867,000 $893,000
Homes Sold 256 377 255
Median Days on Market 22 21 22
Bid Ups 30% 31% 27%
CONDOMINIUMS
JANUARY 2018

DECEMBER 2017

JANUARY 2017
Median Sale Price $439,000 $412,000 $393,000
Average Sale Price $501,000 $499,000 $474,000
Condos Sold 381 471 399
Median Days on Market 20 19 28
Bid Ups 18% 21% 20%
MARKET REPORTS

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