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Oahu Median Sale Price movement is up in April 2020, with the home price up 5% to $810,000 and the condo price up 8% to $450,000 from last year.
Oahu sales activity is down in April 2020, with home sales down -22% and condo sales down -29% from last year.
While the number of sales dropped significantly in April, Other market indicators are not yet showing effects of the coronavirus pandemic and economic shutdown. We believe that sales will be impacted 20-25%, prices 0-5%, and recovery will be swift, with the market rebounding within the year.
|SINGLE FAMILY HOMES||This Month APRIL 2020||Last Month MARCH 2020||Last Year APRIL 2019|
|Median Sale Price||$810,000||$812,500||$769,250|
|Average Sale Price||$948,042||$973,959||$875,411|
|Median Days on Market||17||15||25|
|CONDOMINIUMS||This Month APRIL 2020||Last Month MARCH 2020||Last Year APRIL 2019|
|Median Sale Price||$450,000
|Average Sale Price||$521,428||$525,293||$514,004|
|Median Days on Market||27||23||30|
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