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Statewide Quarterly Real Estate Report

Q4 2022

Market Statistics

Median Price Movement Up in Q4 2022

Hawaii State median sale price movement is up in 2022Q4, with the home price up 1% to $925,000 and the condo price up 3% to $545,000 from last year.

Home and Condo Sales Activity Down in Q4 2022

Hawaii State sales activity is down in 2022Q4, with home sales down -41% and condo sales down -42% from last year.

Market Times Up in Q4 2022

Hawaii State market times are up in 2022Q4, with the home Days on Market up 132% to 33 and the condo Days on Market up 73% to 26 from last year.

SINGLE FAMILY HOMES This Quarter 2022 Q4 Last QUARTEr 2022 Q3 Last YEAr 2021 Q4
Median Sale Price $925,000 $939,000 $919,000
Average Sale Price $1,166,931 $1,201,806 $1,226,711
Homes Sold 1,440 1,847 2,421
Median Days on Market 32.5 20 14
Bid Ups 26% 35% 46%
CONDOMINIUMS This Quarter 2022 Q4 Last QUARTEr 2022 Q3 Last YEAr 2021 Q4
Median Sale Price $545,000 $544,400 $530,000
Average Sale Price $705,413 $695,713 $710,896
Condos Sold 1,559 2,103 2,666
Median Days on Market 26 17 15
Bid Ups 25% 32% 39%

MARKET REPORTS

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