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Statewide Quarterly Real Estate Report

Q3 2019

Market Statistics

Price Activity Up in Q3

Hawaii State Median Sale Price movement is up in 2019 Q3, with the home price up 1% to $707,750 and the condo price up 3% to $448,750 from last year.

Home Sales Up and Condo Sales Down

Hawaii State sales activity is mixed in 2019 Q3, with home sales up 6% and condo sales down -4% from last year.

Competition Increases Slightly for Homes and Condos

Statewide, about 1 in every 6 homes and 1 in every 8 condos sold was bid-up over asking price in Q2 2019. The majority of this bid-up activity is on the island of Oahu.

SINGLE FAMILY HOMES This Quarter 2019 Q3 Last QUARTEr 2019 Q2 Last YEAr 2018 Q3
Median Sale Price $707,750 $683,500 $699,900
Average Sale Price $884,684 $801,241 $864,030
Homes Sold 2,196 2,119 2,070
Median Days on Market 40 43 30
Bid Ups 16% 15% 20%
CONDOMINIUMS This Quarter 2019 Q3 Last QUARTEr 2019 Q2 Last YEAr 2018 Q3
Median Sale Price $448,750 $440,000 $435,000
Average Sale Price $550,630 $570,919 $563,276
Condos Sold 2,173 2,283 2,257
Median Days on Market 37 41 31
Bid Ups 13% 13% 15%

MARKET REPORTS

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View our 2019 Oahu Real Estate Market Report