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Statewide Quarterly Real Estate Report

2024 Q2

Market Statistics

MEDIAN PRICE MOVEMENT UP IN Q2 2024

Hawaii State median sale price movement is up in 2024Q2, with the home price up 8% to $1,000,000 and the condo price up 6% to $580,000 from last year.

HOME AND CONDO SALES ACTIVITY MIXED IN Q2 2024

Hawaii State sales activity is mixed in 2024Q2, with home sales up 1% and condo sales down -5% from last year.

MARKET TIMES MIXED IN Q2 2024

Hawaii State market times are mixed in 2024Q2, with the home Days on Market down -18% to 27 and the condo Days on Market up 14% to 32 from last year.

SINGLE FAMILY HOMES This QUARTER 2024 Q2 Last QUARTER 2024 Q1 Last Year 2023 Q2
Median Sale Price $1,000,000 $980,000 $925,000
Average Sale Price $1,342,684 $1,385,358 $1,203,065
Homes Sold 1599 1369 1587
Median Days on Market 27 37 33
Bid Ups 26% 21% 24%
CONDOMINIUMS This QUARTER 2024 Q2 Last QUARTER 2024 Q1 Last Year 2023 Q2
Median Sale Price $580,000 $565,000 $549,000
Average Sale Price $853,668 $779,499 $718,063
Condos Sold 1797 1427 1888
Median Days on Market 32 38 28
Bid Ups 17% 19% 24%
MARKET REPORTS

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