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Competition Continues To Set Records
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Competition Continues To Set Records
April 2018
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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.
Oahu condo sales rose by 14 percent over last year, while home sales increased by 2%, in April 2018 compared to last year.
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% |
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