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Statewide Quarterly Real Estate Report

Q2 2021

Market Statistics

Price Movement Up in Q2 2021

Hawaii State Median Sale Price movement is up in 2021 Q2, with the home price up 24% to $885,000 and the condo price up 14% to $500,000 from last year.

Home and Condo Sales Activity Mixed in Q2 2021

Hawaii State sales activity is up in 2021 Q2, with home sales up 70% and condo sales up 152% from last year.

Increasingly Competitive Market

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 2021 Q2 Last QUARTEr 2021 Q1 Last YEAr 2020 Q2
Median Sale Price $885,000 $822,500 $715,000
Average Sale Price $1,298,555 $1,172,261 $869,962
Homes Sold 2,678 2,241 1,575
Median Days on Market 13 15 33
Bid Ups 42% 32% 17%
CONDOMINIUMS This Quarter 2021 Q2 Last QUARTEr 2021 Q1 Last YEAr 2020 Q2
Median Sale Price $500,000 $495,000 $437,000
Average Sale Price $669,242 $657,496 $556,831
Condos Sold 3,297 2,449 1,309
Median Days on Market 30 36 42
Bid Ups 29% 21% 10%

MARKET REPORTS

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View our 2019 Oahu Real Estate Market Report