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Competition Continues To Set Records
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Competition Continues To Set Records
June 2020
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Oahu Median Sale Price movement is down in June 2020, with the home price down -4% to $770,000 and the condo price down -3% to $420,000 from last year.
Oahu sales activity is down in June 2020, with home sales down -8% and condo sales down -34% from last year. However, June sales are up 20 from May, the previous month.
While the number of sales dropped again in June, other market indicators are holding steady. Prices are still staying level, despite a slight dip for condos.
| SINGLE FAMILY HOMES | This Month JUNE 2020 | Last Month MAY 2020 | Last Year JUNE 2019 |
|---|---|---|---|
| Median Sale Price | $770,000 | $800,000 | $799,000 |
| Average Sale Price | $897,686 | $1,008,992 | $950,672 |
| Homes Sold | 307 | 256 | 333 |
| Median Days on Market | 19 | 14 | 21 |
| Bid Ups | 23% | 22% | 19% |
| CONDOMINIUMS | This Month JUNE 2020 | Last Month MAY 2020 | Last Year JUNE 2019 |
|---|---|---|---|
| Median Sale Price | $420,000 | $399,000 | $432,500 |
| Average Sale Price | $473,658 | $453,220 | $515,788 |
| Condos Sold | 314 | 254 | 475 |
| Median Days on Market | 39 | 23 | 27 |
| Bid Ups | 12% | 9% | 15% |
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