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Price activity eased for condos in Q1 2019, with the Hawaii State median condo price flat (-0.1%) at $430,000. The median home price moved up 3.2% to $686,000.
Sales activity was down in Q1 2019 statewide, with home sales down -12% and condo sales down -8% from sales in Q1 last year.
Statewide, about 1 in every 7 homes and 1 in every 10 condos sold was bid-up over asking price in Q1 2019. The majority of this bid-up activity is on the island of Oahu.
|SINGLE FAMILY HOMES||This Quarter 2019 Q1||Last QUARTEr 2018 Q4||Last YEAr 2018 Q1|
|Median Sale Price||$686,000||$690,777||$665,000|
|Average Sale Price||$833,420||$872,165||$933,030|
|Median Days on Market||43||42||38|
|CONDOMINIUMS||This Quarter 2019 Q1||Last QUARTEr 2018 Q4||Last YEAr 2018 Q1|
|Median Sale Price||$430,000||$418,000||$430,250|
|Average Sale Price||$561,845||$542,562||$550,769|
|Median Days on Market||40||34||37|
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