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Oahu Real Estate Report

September 2020

Market Statistics

Oahu Home Prices Hit Record High in September

The Oahu Home Median Sale Price movement reached an all-time high in September 2020, up 13% to $880,000. The condo price is even with last year at $445,000.

Oahu Sales Activity Mixed in September

Oahu sales activity is mixed in September 2020, with home sales up 12% and condo sales down -2% from last year.

Market Steady Through September, Underlying Factors Strong

While the number of sales for condos is down again in September, other market indicators are holding steady. Prices are increasing, and bid-ups - the percent of sales bid-up over asking price - are increasing again.

SINGLE FAMILY HOMES This Month SEPTEMBER 2020 Last Month AUGUST 2020 Last Year SEPTEMBER 2019
Median Sale Price $880,000 $841,500 $781,250
Average Sale Price $1,077,177 $1,042,499 $953,963
Homes Sold 392 381 350
Median Days on Market 11 18 28
Bid Ups 41% 28% 25%
CONDOMINIUMS This Month SEPTEMBER 2020 Last Month AUGUST 2020 Last Year SEPTEMBER 2019
Median Sale Price $445,000 $430,000 $445,000
Average Sale Price $545,573 $529,425 $548,840
Condos Sold 457 411 465
Median Days on Market 21 26 27
Bid Ups 19% 14% 14%

MARKET REPORTS

2019 Market Insights Report: View Our 2019 Oahu Real Estate Market Forecast.

View our 2019 Oahu Real Estate Market Forecast