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Q1 2022
ShareHawaii State Median Sale Price movement is up in 2022 Q1, with the home price up 16% to $950,000 and the condo price up 11% to $550,000 from last year.
Hawaii State sales activity is mixed in 2022 Q1, with home sales down -8% and condo sales up 5% from last year.
Inventory for sale is dropping, Days on Market are dropping, and bid-ups (the percent of sales bid-up over asking price) are increasing, for both homes and condos.
SINGLE FAMILY HOMES | This Quarter 2022 Q1 | Last QUARTEr 2021 Q4 | Last YEAr 2021 Q1 |
---|---|---|---|
Median Sale Price | $950,000 | $919,000 | $822,500 |
Average Sale Price | $1,297,888 | $1,226,506 | $1,172,261 |
Homes Sold | 2,061 | 2,421 | 2,241 |
Median Days on Market | 16 | 14 | 15 |
Bid Ups | 43% | 46% | 32% |
CONDOMINIUMS | This Quarter 2022 Q1 | Last QUARTEr 2021 Q4 | Last YEAr 2021 Q1 |
---|---|---|---|
Median Sale Price | $550,000 | $530,000 | $495,000 |
Average Sale Price | $731,950 | $710,909 | $657,270 |
Condos Sold | 2,582 | 2,669 | 2,451 |
Median Days on Market | 18 | 15 | 36 |
Bid Ups | 41% | 39% | 21% |
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