Quantcast Statewide Quarterly Real Estate Report | Locations
×
×

Statewide Quarterly Real Estate Report

Q4 2020

Market Statistics

Price Movement Up in Q4

Hawaii State Median Sale Price movement is up in 2020 Q4, with the home price up 13% to $790,000 and the condo price up 3% to $465,000 from last year.

Home and Condo Sales Activity Mixed in Q4

Hawaii State sales activity is up in 2020 Q4, with home sales up 22% and condo sales up 7% from last year.

Closed Sales Starting to Show Improvement After Coronavirus Impact

The effects of the coronavirus pandemic and economic shutdown are passing through the Hawaii real estate market. May appears to be the worst month.

SINGLE FAMILY HOMES This Quarter 2020 Q4 Last QUARTEr 2020 Q3 Last YEAr 2019 Q4
Median Sale Price $790,000 $750,000 $700,000
Average Sale Price $1,044,806 $926,991 $889,169
Homes Sold 2,467 2,289 2,019
Median Days on Market 20 29 39
Bid Ups 29% 22% 17%
CONDOMINIUMS This Quarter 2020 Q4 Last QUARTEr 2020 Q3 Last YEAr 2019 Q4
Median Sale Price $465,000 $450,000 $450,000
Average Sale Price $606,583 $579,628 $562,919
Condos Sold 2,215 1,849 2,062
Median Days on Market 36 38 41
Bid Ups 16% 14% 13%

MARKET REPORTS

We’re up-to-date with Hawaii's Real Estate Market. We want you to be, too.

View our 2019 Oahu Real Estate Market Report