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Oahu Real Estate Report

April 2018

Market Statistics

Prices Continue to Rise, Homes Hit Record High

Oahu single-family home median prices reached a new high at $795,000 in April, up slightly from January 2018’s high of $794,000. Home and Condo prices continue to rise around the island.

April Shows Strong Sales Activity

Oahu condo sales rose by 14 percent over last year, while home sales increased by 2%, in April 2018 compared to last year.

Competitive Market Continues

Competition for single-family homes eased slightly in April, thanks to a 14 percent bump in new listings, which contributed to a three percent increase in active listings and a 12 percent increase in Days on Market.

SINGLE FAMILY HOMES
APRIL 2018

MARCH 2018

APRIL 2017
Median Sale Price $793,000 $765,000 $720,000
Average Sale Price $987,000 $996,000 $873,000
Homes Sold 300 314 294
Median Days on Market 18 15 18
Bid Ups 26% 30% 33%
CONDOMINIUMS
APRIL 2018

MARCH 2018

APRIL 2017
Median Sale Price $421,000 $440,000 $420,000
Average Sale Price $549,000 $507,000 $469,000
Condos Sold 562 503 490
Median Days on Market 19 18 16
Bid Ups 21% 19% 21%
MARKET REPORTS

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

View our 2018 Oahu Market Insights Report