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Competition Continues To Set Records
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Competition Continues To Set Records
December 2019
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Oahu Median Sale Price movement is up in December 2019, with the home price up 6% to $825,000 and the condo price up 7% to $428,000 from last year.
Oahu sales activity is mixed in December 2019, with home sales up 17% and condo sales down -5% from last year.
The competitive Oahu real estate market eased in 2018 and through 2019, compared to previous periods. However signs are pointing to the market changing direction upward again in 2020.
| SINGLE FAMILY HOMES | This Month DECEMBER 2019 | Last Month NOVEMBER 2019 | Last Year DECEMBER 2018 |
|---|---|---|---|
| Median Sale Price | $825,000 | $791,999 | $780,000 |
| Average Sale Price | $977,315 | $1,055,893 | $974,566 |
| Homes Sold | 311 | 322 | 265 |
| Median Days on Market | 19 | 21 | 29 |
| Bid Ups | 23% | 18% | 18% |
| CONDOMINIUMS | This Month DECEMBER 2019 | Last Month NOVEMBER 2019 | Last Year DECEMBER 2018 |
|---|---|---|---|
| Median Sale Price | $428,000 | $415,000 | $398,500 |
| Average Sale Price | $579,647 | $485,371 | $449,361 |
| Condos Sold | 424 | 435 | 448 |
| Median Days on Market | 30 | 25 | 25 |
| Bid Ups | 10% | 13% | 12% |
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