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Statewide Quarterly Real Estate Report

Q4 2019

Market Statistics

Price Movement Up in Q4

Hawaii State Median Sale Prices are up in 2019 Q4, with the home price up 1% to $700,000 and the condo price up 8% to $450,000 from last year.

Home and Condo Sales Increase

Hawaii State sales activity is up in 2019 Q4, with home sales up 12% and condo sales up 1% from last year.

Competition Increases Slightly for Homes and Condos

Statewide, about 1 in every 6 homes and 1 in every 7 condos sold was bid-up over asking price in Q4 2019. The majority of this bid-up activity is on the island of Oahu.

SINGLE FAMILY HOMES This Quarter 2019 Q4 Last QUARTEr 2019 Q3 Last YEAr 2018 Q4
Median Sale Price $700,000 $705,273 $690,777
Average Sale Price $890,187 $883,627 $872,165
Homes Sold 2,011 2,200 1,801
Median Days on Market 39 40 42
Bid Ups 17% 16% 16%
CONDOMINIUMS This Quarter 2019 Q4 Last QUARTEr 2019 Q3 Last YEAr 2018 Q4
Median Sale Price $450,000 $449,000 $418,000
Average Sale Price $563,435 $555,208 $542,443
Condos Sold 2,048 2,178 2,019
Median Days on Market 41 37 34
Bid Ups 13% 13% 12%

MARKET REPORTS

We’re up-to-date with Hawaii's Real Estate Market. We want you to be, too.

View our 2019 Oahu Real Estate Market Report