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Statewide Quarterly Real Estate Report

Q1 2021

Market Statistics

Price Movement Up in Q1 2021

Hawaii State Median Sale Price movement is up in 2021 Q1, with the home price up 16% to $822,500 and the condo price up 9% to $495,000 from last year.

Home and Condo Sales Activity Mixed in Q1 2021

Hawaii State sales activity is up in 2021 Q1, with home sales up 20% and condo sales up 33% from last year.

Closed Sales Show Improvement After Coronavirus Impact

The effects of the coronavirus pandemic and economic shutdown have passed through the Hawaii real estate market.

SINGLE FAMILY HOMES This Quarter 2021 Q1 Last QUARTEr 2020 Q4 Last YEAr 2020 Q1
Median Sale Price $822,500 $790,000 $710,000
Average Sale Price $1,173,120 $1,045,721 $866,176
Homes Sold 2,233 2,457 1,865
Median Days on Market 15 20 46
Bid Ups 32% 30% 16%
CONDOMINIUMS This Quarter 2021 Q1 Last QUARTEr 2020 Q4 Last YEAr 2020 Q1
Median Sale Price $495,000 $467,000 $455,000
Average Sale Price $654,396 $622,891 $585,606
Condos Sold 2,438 2,211 1,829
Median Days on Market 35 36 45
Bid Ups 21% 16% 10%

MARKET REPORTS

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View our 2019 Oahu Real Estate Market Report