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Oahu Real Estate Report

AUGUST 2023

Market Statistics

OAHU MEDIAN PRICES MIXED COMPARED TO AUGUST 2022

Oahu median sale price movement is mixed in August 2023, with the home price down -1% to $1,110,000 and the condo price up 3% to $515,000 from last year.

OAHU SALES ACTIVITY DOWN FROM AUGUST 2022

Oahu sales activity is down in August 2023, with home sales down -21% and condo sales down -18% from last year.

MEDIAN DAYS ON MARKET UP FROM AUGUST 2022

Oahu market times are up in August 2023, with the home Days on Market up 29% to 18 and the condo Days on Market up 29% to 18 from last year.

SINGLE FAMILY HOMES This MONTH AUGUST 2023 Last MONTH JULY 2023 Last Year AUGUST 2022
Median Sale Price $1,110,000 $1,092,500 $1,120,000
Average Sale Price $1,424,425 $1,268,299 $1,331,731
Homes Sold 254 230 323
Median Days on Market 18 17 14
Bid Ups 39% 35% 40%
CONDOMINIUMS This MONTH AUGUST 2023 Last MONTH JULY 2023 Last Year AUGUST 2022
Median Sale Price $515,000 $500,000 $499,000
Average Sale Price $626,389 $614,429 $550,018
Condos Sold 421 426 512
Median Days on Market 18 17 14
Bid Ups 28% 27% 35%
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