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Competition Continues To Set Records
Q1 2021
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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.
Hawaii State sales activity is up in 2021 Q1, with home sales up 20% and condo sales up 33% from last year.
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% |
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