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Statewide Quarterly Real Estate Report

2023 Q4

Market Statistics

MEDIAN PRICE MOVEMENT MIXED IN Q4 2024

Hawaii State median sale price movement is mixed in 2024Q4, with the home price flat 0% to $925,000 and the condo price up 1% to $549,950 from last year.

HOME AND CONDO SALES ACTIVITY DOWN IN Q4 2024

Hawaii State sales activity is down in 2024Q4, with home sales down -11% and condo sales down -12% from last year.

MARKET TIMES MIXED IN Q4 2024

Hawaii State market times are mixed in 2024Q4, with the home Days on Market down -9% to 30 and the condo Days on Market up 12% to 29 from last year.

SINGLE FAMILY HOMES This QUARTER 2023 Q4 Last QUARTER 2023 Q3 Last Year 2022 Q4
Median Sale Price $925,000 $950,000 $928,000
Average Sale Price $1,215,142 $1,245,746 $1,169,765
Homes Sold 1266 1467 1425
Median Days on Market 30 28 33
Bid Ups 23% 29% 25%
CONDOMINIUMS This QUARTER 2023 Q4 Last QUARTER 2023 Q3 Last Year 2022 Q4
Median Sale Price $549,950 $553,500 $545,000
Average Sale Price $819,715 $747,520 $704,805
Condos Sold 1368 1708 1562
Median Days on Market 29 25 26
Bid Ups 20% 23% 25%
MARKET REPORTS

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