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Statewide Quarterly Real Estate Report

2024 Q3

Market Statistics

MEDIAN PRICE MOVEMENT MIXED IN Q3 2024

Hawaii State median sale price movement is mixed in 2024Q3, with the home price up 9% to $1,035,950 and the condo price down -1% to $550,000 from last year.

HOME AND CONDO SALES ACTIVITY MIXED IN Q3 2024

Hawaii State sales activity is mixed in 2024Q3, with home sales up 4% and condo sales down -11% from last year.

MARKET TIMES MIXED IN Q3 2024

Hawaii State market times are mixed in 2024Q3, with the home Days on Market down -7% to 26 and the condo Days on Market up 36% to 34 from last year.

SINGLE FAMILY HOMES This QUARTER 2024 Q3 Last QUARTER 2024 Q2 Last Year 2023 Q3
Median Sale Price $1,035,950 $1,000,000 $949,450
Average Sale Price $1,355,896 $1,339,921 $1,245,058
Homes Sold 1532 1605 1470
Median Days on Market 26 27 28
Bid Ups 24% 26% 29%
CONDOMINIUMS This QUARTER 2024 Q3 Last QUARTER 2024 Q2 Last Year 2023 Q3
Median Sale Price $550,000 $582,500 $553,000
Average Sale Price $768,990 $855,471 $746,958
Condos Sold 1529 1792 1710
Median Days on Market 34 31 25
Bid Ups 16% 17% 23%
MARKET REPORTS

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