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Oahu Real Estate Report

September 2018

Market Statistics

Prices Continue to Rise

Prices rose again for Oahu homes and condos in September 2018, with the median home price up 7% to $813,000 and the median condo price up 1.2% to $430,000 from September of last year.

Oahu Sales Activity Slows in September

Oahu Sales activity slowed in September 2018, with home sales down -17% and condo sales down -3.6% from September last year.

Competitive Market eases Slightly

Oahu's competitive market is easing slightly, with days on market increasing 1-2 days and bid-ups (sales bid-up over asking price) decreasing. Still a very competitive market.

SINGLE FAMILY HOMES This Month SEPTEMBER 2018 Last Month AUGUST 2018 Last Year SEPTEMBER 2017
Median Sale Price $813,000 $812,500 $760,000
Average Sale Price $1,056,633 $1,007,412 $948,413
Homes Sold 318 368 383
Median Days on Market 18 17 16
Bid Ups 24% 28% 31%
CONDOMINIUMS This Month SEPTEMBER 2018 Last Month AUGUST 2018 Last Year SEPTEMBER 2017
Median Sale Price $430,000 $428,250 $425,000
Average Sale Price $516,161 $511,343 $517,368
Condos Sold 515 534 534
Median Days on Market 21 20 20
Bid Ups 18% 18% 26%
MARKET REPORTS

2018 Market Insights Report: View Our 2018 Oahu Real Estate Market Forecast.

View our 2018 Oahu Market Insights Report