OAHU REAL ESTATE REPORT
23 MARCH
{ S O U R C E : H O N O L U L U B O A R D O F R E A L T O R S 2 0 2 1 }
20
STATISTICS
MEDIAN SALES PRICE FOR OAHU CONDOS REACHES RECORD HIGH
Single-family home and condo sales pick up in March after a seasonal slump
According to resales figures released by the Honolulu Board of REALTORS®, Oahu’s housing market experienced a boost in activity from February to March, with sales rising approximately 36% month-over-month in both single-family home and condo markets. Although year-over-year sales continued to fall short of 2022 – down 26.5% for single-family homes and 33.9% for condos year-over-year – 236 single-family homes and 444 condos sold in March 2023.
“Oahu’s real estate market is rapidly changing, and it’s been an active first quarter despite year-over-year declines in some statistics,” said the President of the Honolulu Board of REALTORS®. “While we see advantageous conditions for buyers, including fewer bid-ups and longer days on market, prices are still high, which incentivizes sellers to list their property.”
Median sales prices for March 2023 increased from January and February but were mixed compared to a year ago. The monthly median price for single-family homes declined 5.8% from $1,150,000 in March 2022 to $1,083,750 last month. Meanwhile, the condo median sales price in March set a new record of $536,000, 0.4% above the previous record of $534,000 set in June 2022, and a 4% rise year-over-year.
In March 2023, 58.5% of single-family home sales closed at $1,000,000 or more, pushing the median sales price above $1 million. However, the $600,000 to $799,999 price range was one of the few to see a year-over-year increase in sales volume, jumping 70.6% from 17 to 29 single-family home sales compared to the same time last year. Meanwhile, the $800,000 to $999,999 price range accounted for more than a quarter of the month’s sales.
Although the condo market saw fewer sales at nearly all price points in March, the shift occurred disproportionately, with the lower price ranges accounting for a greater share of the decline. Condo sales in the $200,000 to $599,999 price range saw the largest decline last month, dropping to 231 closed sales compared to 392 in the same period one year ago, a 41.1% drop. In comparison, condo sales at $600,000 and above experienced only a 25.4% decline, with 185 sales this March compared to 248 sales a year ago.
“There is opportunity for buyers and sellers in every market,” added the HBR President. “The best thing you can do is to work with a knowledgeable expert to identify a plan to achieve your real estate goals.”
Most single-family homes and condos continued to close for less than the original asking price. In March, approximately 35% of single-family homes closed at full asking price or more, compared
to around 74% in March 2022. In the condo market, 41% of condos sold at the full asking price or more compared to 65% in March 2022.
Properties sold in March 2023 were on the market longer than those in March 2022. Median days on market for single-family homes was 36 days and for condos 24 days, compared to a 9-day median in both markets one year ago.
In the single-family home market, active inventory in the $800,000 to $899,999 range saw the most significant change, with approximately triple the number of listings at 76, compared to 25 a year ago. Combined with additional increases in the lower price points, single-family home listings priced at $899,999 and below saw active inventory more than double, with 163 active listings compared to 74 one year ago. For condos, the increase in active inventory was mainly in the $400,000 and above range, where the number of available listings increased by 39% year-over-year.
New listing volume improved from February to March, up 25.8% month-overmonth for single-family homes and 14.5% for condos. Still, new listings continued to see year-over-year declines, and the first quarter ended with total new listings down approximately 28% in both markets compared to the first quarter of 2022.
Pending sales increased from a month ago, with 258 contract signings in the single-family home market and 444 in the condo market. Compared to February, this increased by 18.9% for single-family homes and 11.3% for condos. However, pending sales volume fell short by more than 30% year-over-year in both markets.
{source: Honolulu Board of Realtors 2023}
OAHU
MARKET REPORT BETTERHAWAII.COM | KAHALA MALL, UPPER LEVEL | 4211 WAIALAE AVENUE, BOX 9050 | HONOLULU, HI 96816 | (808) 738-3600 ©2022 Better Homes and Gardens Real Estate Advantage Realty. Better Homes and Gardens® is a registered trademark of Meredith Corporation licensed to Better Homes and Gardens Real Estate LLC. Equal Opportunity Company. Equal Housing Opportunity. An Independently Owned and Operated Franchise.
REAL ESTATE
MARCH 2023
{ S O U R C E : H O N O L U L U B O A R D O F R E A L T O R S 2 0 2 1 }
MONTHLY OAHU HOUSING STATISTICS
HONOLULU BOARD OF REALTORS®
Oahu Monthly Housing Statistics
March 2023
Monthly Indicators 2 Median Sales Price YoY %chg Price Graphs 3-4 $1,083,750-5.8% Closed Sales 5 Closed Sales YoY %chg Median Sales Price6 Average Sales Price 7 236 -26.5% Median Days on Market 8 Percent of Original List Price Received 9 Average Sales Price YoY %chg New Listings10 Pending Sales 11 $1,391,538-11.4% Active Inventory 12 Total Inventory In Escrow 13 Months Supply of Active Inventory 14 Housing Supply Overview 15 Median Sales Price YoY %chg Closed Sales (by price range)16-17 Median Days on Market (by price range) 18-19 $536,000+4.0% Percent of Original List Price Received (by price range)20-21 New Listings (by price range) 22-23 Closed Sales YoY %chg Pending Sales (by price range)24-25 Active Inventory (by price range) 26-27 444 -33.9% Active Inventory History 28 Total Inventory In Escrow (by price range) 29-30 Average Sales Price YoY %chg Months Supply of Active Inventory (by price range)31-32 $651,630+4.5% Historical Graphs 33-34 YoY % chg = year-over-year percent change comparing current month to the same month last year. SOURCE: Honolulu Board of REALTORS®, residential resales data compiled from HiCentral MLS, Ltd.® ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed. CONTENTS: CONDOS
SINGLE-FAMILY HOMES
Monthly Indicators OAHU, HAWAII
*seefootnotesonpages9-12regardingmethodologyupdatesYoY%chg=year-over-yearpercentchangecomparingcurrentmonthtothesamemonthlastyear. MoM%chg=month-over-monthpercentchangecomparingcurrentmonthtothepreviousmonth.
*seefootnotesonpages9-12regardingmethodologyupdates1-yr%chg=percentchangecomparingthecurrentYTDtimeperiodtothesameYTDtimeperiodoneyearago. 2-yr%chg=percentchangecomparingthecurrentYTDtimeperiodtothesameYTDtimeperiodtwoyearsago.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
March 2023 Mar-23 Mar-22YoY %chgFeb-23MoM %chg Mar-23 Mar-22YoY %chgFeb-23MoM %chg Closed Sales 236 321-26.5%17336.4% 444 672-33.9%32536.6% Median Sales Price $1,083,750 $1,150,000-5.8%$987,0009.8% $536,000 $515,5004.0%$480,00011.7% Average Sales Price $1,391,538 $1,570,668-11.4%$1,427,864-2.5% $651,630 $623,6844.5%$592,13110.0% Median Days on Market 36 9300.0%47-23.4% 24 9166.7%28-14.3% Percent of Orig. List Price Received 96.7% 102.0%-5.2%96.0%0.7% 98.5% 100.0%-1.5%98.0%0.5% New Listings 293 412-28.9%23325.8% 530 714-25.8%46314.5% Pending Sales* 258 384-32.8%21718.9% 444 691-35.7%39911.3% Active Inventory* 541 36050.3%547-1.1% 1,152 91925.4%1,177-2.1% Total Inventory in Escrow* 393 603-34.8%3861.8% 602 980-38.6%5921.7% Months Supply of Active Inventory* 2.1 1.0110.0%2.05.0% 2.4 1.560.0%2.40.0%
Year-to-Date YTD-2023 YTD-20221-yr %chgYTD-20212-yr %chg YTD-2023 YTD-20221-yr %chgYTD-20212-yr %chg Closed Sales 559 888-37.0%912-38.7% 1,044 1,710-38.9%1,464-28.7% Median Sales Price $1,025,000 $1,100,000-6.8%$915,00012.0% $500,000 $510,000-2.0%$455,0009.9% Average Sales Price $1,335,094 $1,437,670-7.1%$1,154,14115.7% $627,071 $612,6422.4%$525,56319.3% Median Days on Market 36 11227.3%9300.0% 25 11127.3%1747.1% Percent of Orig. List Price Received 96.5% 101.5%-4.9%100.4%-3.9% 98.3% 100.0%-1.7%98.9%-0.6% New Listings 794 1,099-27.8%1,126-29.5% 1,516 2,119-28.5%1,997-24.1% Pending Sales* 742 1,015-26.9%1,064-30.3% 1,221 1,908-36.0%1,762-30.7%
Single-Family Homes Condos Single-Family Homes Condos
1 4 15 14 32 32 21 22 15 16 9 8 10 1 4 6 16 10 3 6 5 12 44 54 26 21 21 22 21 13 7 9 5 9 16 27 0 10 20 30 40 50 60 Closed Sales Sold Price ($) Single-Family Homes Sold March 2023 vs. March 2022 2023 2022 SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed. Page 3 of 34
9 19 31 54 80 66 64 39 14 16 46 6 4 28 61 96 122 113 67 70 28 21 49 13 0 20 40 60 80 100 120 140 Closed Sales Sold Price ($) Condos Sold March 2023 vs. March 2022 2023 2022 SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed. Page 4 of 34
Closed Sales
March 2023
OAHU,
(Acountofpropertiesthathaveclosedinagivenmonth)
Mo-Yr
Mar-20303410713
Apr-20248343591
May-20248254502
Jun-20302312614
Jul-20361426787
Aug-20370409779
Sep-20391456847
Oct-20345480825
Nov-20338407745
Dec-20420514934
Jan-21291392683
Feb-21260446706
Mar-21361626987
Apr-213756451,020
May-214055981,003
Jun-214517301,181
Jul-214046711,075
Aug-214256751,100
Sep-214246151,039
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
HAWAII
Single-Family HomesCondosTotal
Jan-22326552878 Monthly Closed Sales Year-to-Date Closed Sales Feb-22241486727MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-22321672993202136119.1%62652.7%202191211.9%1,46432.5% Apr-223656721,0372022321-11.1%6727.3%2022888-2.6%1,71016.8% May-223446881,032 2023236-26.5%444-33.9% 2023 559-37.0%1,044-38.9% Jun-22357626983 Jul-22312518830 Aug-22314508822 Sep-22278496774 Oct-22222435657 Nov-22192340532 Dec-22202360562 Jan-23150275425 Feb-23173325498 Mar-23236 444 680
Oct-21381611992 Nov-21371601972 Dec-21378593971
0 100 200 300 400 500 600 700 800 Sales Closed Sales Single-Family Homes Condos 0 200 400 600 800 1,000 202120222023 Closed Sales SFH(YTD) 0 500 1,000 1,500 2,000 202120222023 Closed Sales CND(YTD) 0 100 200 300 400 202120222023 Closed Sales SFH(Mar) 0 200 400 600 800 202120222023 Closed Sales CND(Mar)
Median Sales Price
March 2023
OAHU, HAWAII
(Themediansalespriceofallclosedpropertiesinagivenmonth)
Mo/Yr Single-Family HomesCondos
Mar-20$810,000$435,000
Apr-20$809,000$450,000
May-20$797,000$399,000
Jun-20$770,000$421,500
Jul-20$815,000$440,000
Aug-20$839,000$430,000
Sep-20$880,000$445,000
Oct-20$865,000$439,500
Nov-20$872,500$420,000
Dec-20$870,000$455,000
Jan-21$883,000$452,000
Feb-21$917,500$457,500
Mar-21$950,000$451,000
Apr-21$928,000$450,000
May-21$978,000$457,750
Jun-21$979,000$460,000
Jul-21$992,500$475,000
Aug-21$1,050,000$500,000
Sep-21$1,050,000$478,000
Oct-21$1,000,000$500,000
Nov-21$1,050,000$500,000
Dec-21$1,050,000$485,000
Jan-22$1,050,000$510,000 Monthly Median Sales Price
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Year-to-Date Median Sales Price
Feb-22$1,125,000$497,000MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-22$1,150,000$515,5002021$950,00017.3%$451,0003.7%2021$915,00017.3%$455,0005.8% Apr-22$1,105,000$510,0002022$1,150,00021.1%$515,50014.3%2022$1,100,00020.2%$510,00012.1% May-22$1,153,500$516,500 2023$1,083,750-5.8%$536,0004.0% 2023 $1,025,000-6.8%$500,000-2.0% Jun-22$1,100,000$534,000 Jul-22$1,107,944$500,000 Aug-22$1,125,500$498,500 Sep-22$1,100,000$502,500 Oct-22$1,050,000$520,000 Nov-22$1,149,500$480,000 Dec-22$1,049,500$502,500 Jan-23$970,000$495,000 Feb-23$987,000$480,000 Mar-23$1,083,750$536,000
$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Price ($) Median Sales Price
0K 200K 400K 600K 800K 1.0M 1.2M 202120222023 Price ($) SFH(YTD) 0K 100K 200K 300K 400K 500K 600K 202120222023 Price ($) CND(YTD) 0K 500K 1.0M 1.5M 202120222023 Price ($) SFH(Mar) 0K 100K 200K 300K 400K 500K 600K 202120222023 Price ($) CND(Mar)
Single-Family Homes Condos
Average Sales Price
March 2023
OAHU, HAWAII
(Theaveragesalespriceofallclosedpropertiesinagivenmonth)
Mo/Yr Single-Family HomesCondos
Mar-20$972,367$528,606
Apr-20$941,708$521,484
May-20$1,003,419$453,220
Jun-20$899,271$481,220
Jul-20$1,016,491$475,346
Aug-20$1,022,449$527,573
Sep-20$1,073,692$545,367
Oct-20$1,065,594$479,736
Nov-20$1,084,834$472,726
Dec-20$1,113,076$504,222
Jan-21$1,050,263$496,296
Feb-21$1,172,804$545,629
Mar-21$1,226,827$530,257
Apr-21$1,194,150$520,192
May-21$1,246,611$555,798
Jun-21$1,225,011$557,302
Jul-21$1,265,382$544,064
Aug-21$1,316,681$618,612
Sep-21$1,289,510$558,002
Oct-21$1,335,171$582,509
Nov-21$1,296,551$559,007
Dec-21$1,303,481$604,749
Average Sales Price
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Jan-22$1,277,309$623,928 Monthly Average Sales Price Year-to-Date Average Sales Price Feb-22$1,486,088$583,367MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-22$1,570,668$623,6842021$1,226,82726.2%$530,2570.3%2021$1,154,14121.7%$525,5630.8% Apr-22$1,404,481$613,1892022$1,570,66828.0%$623,68417.6%2022$1,437,67024.6%$612,64216.6% May-22$1,450,008$625,327 2023$1,391,538-11.4%$651,6304.5% 2023$1,335,094 -7.1%$627,0712.4% Jun-22$1,382,559$631,822 Jul-22$1,329,023$590,934 Aug-22$1,341,958$547,319 Sep-22$1,307,249$607,502 Oct-22$1,243,960$676,988 Nov-22$1,387,685$594,444 Dec-22$1,325,156$576,689 Jan-23$1,139,294$633,441 Feb-23$1,427,864$592,131 Mar-23$1,391,538$651,630
$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 Price ($)
Single-Family Homes Condos 0K 500K 1.0M 1.5M 2.0M 202120222023 Price ($) SFH(YTD) 0K 200K 400K 600K 800K 202120222023 Price ($) CND(YTD) 0K 500K 1.0M 1.5M 2.0M 202120222023 Price ($) SFH(Mar) 0K 200K 400K 600K 800K 202120222023 Price ($) CND(Mar)
Median Days on Market
March 2023
OAHU, HAWAII
(DaysonMarketrepresentsthenumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted;theMedianDaysonMarketrepresentsthemedianofallsalesinagivenmonth)
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Single-Family HomesCondos Mar-201523
Nov-21119 Dec-211113 Jan-221214 Monthly Median Days on Market Year-to-Date Median Days on Market Feb-221314MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-229920219-40.0%14-39.1%20219-65.4%17-45.2% Apr-221012202290.0%9-35.7%20221122.2%11-35.3% May-221010 202336300.0%24166.7% 202336227.3%25127.3% Jun-221011 Jul-221112 Aug-221313 Sep-221814 Oct-221919 Nov-221818 Dec-222521 Jan-232424 Feb-234728 Mar-2336 24
Mo/Yr
Apr-201927 May-201323 Jun-202040 Jul-201326 Aug-201523 Sep-20921 Oct-201018 Nov-201016 Dec-201019 Jan-21918 Feb-21918 Mar-21914 Apr-21913 May-21812 Jun-21811 Jul-21911 Aug-21912 Sep-21911 Oct-211011
0 5 10 15 20 25 30 35 40 45 50 Days on Market Median Days on Market Single-Family Homes Condos 0 10 20 30 40 202120222023 Days on Market SFH(YTD) 0 5 10 15 20 25 30 202120222023 Days on Market CND(YTD) 0 10 20 30 40 202120222023 Days on Market SFH(Mar) 0 5 10 15 20 25 30 202120222023 Days on Market CND(Mar)
Percent of Original List Price Received
March 2023
OAHU, HAWAII
(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodindicated)
Mo/Yr Single-Family HomesCondos
Mar-2098.7%98.1%
Apr-2098.9%98.1%
May-2099.0%97.8%
Jun-2098.7%97.7%
Jul-2098.8%97.9%
Aug-2098.7%98.3%
Sep-20100.0%98.6%
Oct-20100.0%98.3%
Nov-20100.0%99.0%
Dec-20100.0%98.5%
Jan-21100.7%98.8%
Feb-21100.0%98.8%
Mar-21100.4%99.1%
Apr-21101.9%99.6%
May-21101.4%100.0%
Jun-21104.2%100.0%
Jul-21103.9%100.0%
Aug-21103.0%100.0%
Sep-21103.1%100.0%
Percent of Original List Price Received
Monthly Percent of Original List Price Received Year-to-Date Percent of Original List Price Received Feb-22100.8%100.0%MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-22102.0%100.0%2021100.4%1.7%99.1%1.0%2021100.4%2.1%98.9%1.3% Apr-22102.6%100.0%2022102.0%1.6%100.0%0.9%2022101.5%1.1%100.0%1.1% May-22102.2%100.0% 202396.7%-5.2%98.5%-1.5% 202396.5%-4.9%98.3%-1.7% Jun-22102.0%100.0% Jul-22100.0%100.0% Aug-22100.0%100.0% Sep-2299.2%100.0% Oct-2299.8%99.0% Nov-2298.4%98.8% Dec-2296.7%98.5% Jan-2395.9%98.4% Feb-2396.0%98.0% Mar-2396.7%98.5% 90.0% 92.0% 94.0% 96.0% 98.0% 100.0% 102.0% 104.0% 106.0% Percent Received
Oct-21102.2%100.0% Nov-21102.2%100.0% Dec-21102.1%100.0% Jan-22101.6%100.0%
Single-Family Homes Condos 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202120222023 Percent Received SFH(YTD) 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202120222023 Percent Received CND(YTD) 95.0% 97.0% 99.0% 101.0% 103.0% 202120222023 Percent Received SFH(Mar) 95.0% 96.0% 97.0% 98.0% 99.0% 100.0% 101.0% 202120222023 Percent Received CND(Mar)
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
New Listings
March 2023
OAHU, HAWAII
(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)
Mo-Yr Single-Family HomesCondosTotal
Mar-203906101,000
Apr-20290440730
May-20345509854
Jun-20392598990
Jul-204226571,079
Aug-203876961,083
Sep-20368576944
Oct-203806641,044
Nov-20379561940
Dec-20264466730
Jan-213656591,024
Feb-21322623945
Mar-214397151,154
Apr-214597061,165
May-214306831,113
Jun-214827841,266
Jul-214696641,133
Aug-214607211,181
Sep-214127381,150
Oct-213767171,093
Nov-21358639997
Dec-21245527772 Jan-22320666986
Monthly New Listings Year-to-Date New Listings Feb-223677391,106MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-224127141,126202143912.6%71517.2%20211,126-7.5%1,9972.7% Apr-224247221,1462022412-6.2%714-0.1%20221,099-2.4%2,1196.1% May-224456871,132 2023293-28.9%530-25.8% 2023 794-27.8%1,516-28.5% Jun-223916861,077 Jul-223866161,002 Aug-22381608989 Sep-22304601905 Oct-22285532817 Nov-22289526815 Dec-22164371535 Jan-23268523791 Feb-23233463696 Mar-23293 530 823
0 100 200 300 400 500 600 700 800 900 Listings New Listings Single-Family Homes Condos 0 200 400 600 800 1,000 1,200 202120222023 Closed Sales SFH(YTD) 0 500 1,000 1,500 2,000 2,500 202120222023 Closed Sales CND(YTD) 0 100 200 300 400 500 202120222023 New Listings SFH(Mar) 0 200 400 600 800 202120222023 Closed Sales CND(Mar)
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Pending Sales*
March 2023
OAHU, HAWAII
(Ameasureofcontractactivityrepresentedbyacountofpropertiesthathavehadoffersacceptedonthemduringagivenmonth)
Mo/Yr Single-Family HomesCondosTotal
Mar-20316379695
Apr-20274234508
May-20337329666
Jun-20423454877
Jul-20422483905
Aug-20410493903
Sep-20389451840
Oct-20358484842
Nov-20394470864
Dec-20315438753
Jan-21329534863
Feb-21365572937
Mar-213706561,026
Apr-214507271,177
May-214316991,130
Jun-214226661,088
Jul-214336581,091
Aug-214156171,032
Sep-213986291,027
Oct-214006301,030
Sep-22224436660
Oct-22198342540
Nov-22198359557
Dec-22168289457
Jan-23267378645
Feb-23217399616
Mar-23258 444 702
*Methodologyupdatedasof2021toreflectacountofpropertiesthatenteredcontractwithinthegivenmonthandremaininescrowstatusattheendofthemonth(alsoappliedtohistoricaldatashownabove). PendingSales,inreportspriorto2021,reflectacountofalllistingsthatheldaPending(P)statusthroughoutthegivenmonth.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Jan-22315574889 Monthly Pending Sales Year-to-Date Pending Sales Feb-22316643959MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-223846911,075202137017.1%65673.1%20211,0646.3%1,76242.9% Apr-223666631,02920223843.8%6915.3%20221,015-4.6%1,9088.3% May-22356601957 2023258-32.8%444-35.7% 2023742-26.9%1,221-36.0% Jun-22305501806
Nov-21367573940 Dec-21287511798
Jul-22297484781 Aug-22312475787
0 100 200 300 400 500 600 700 800 Listings
Single-Family Homes Condos 0 200 400 600 800 1,000 1,200 202120222023 Pending Sales SFH(YTD) 0 500 1,000 1,500 2,000 2,500 202120222023 Pending Sales CND(YTD) 0 100 200 300 400 500 202120222023 Pending Sales SFH(Mar) 0 200 400 600 800 202120222023 Pending Sales CND(Mar)
Pending Sales
Active Inventory*
March 2023
OAHU, HAWAII
(ThenumberofpropertiesinActive(A)statusattheendofthegivenmonth)
Mo/Yr Single-Family HomesCondosTotal
Mar-208251,8452,670
Apr-208041,8602,664
May-207971,8582,655
Jun-206831,8152,498
Jul-206421,8132,455
Aug-205651,7922,357
Sep-205291,7422,271
Oct-205211,7152,236
Nov-205031,6452,148
Dec-204191,4591,878
Jan-214171,3961,813
Feb-213501,3321,682
Mar-213791,2571,636
Apr-213811,1331,514
May-213379831,320
Jun-213771,0251,402
Jul-214159691,384
Aug-214169501,366
Sep-214371,0301,467
Nov-226821,2441,926
Dec-225971,1701,767
Jan-235511,1961,747
Feb-235471,1771,724
Mar-23541 1,152 1,693
*Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Active Inventory
Active Inventory: Single-Family Homes
Condos Oct-214011,0391,440MarchSFHYoY%chgCNDYoY%chg Nov-213661,0331,3992021379-54.1%1,257-31.9% Dec-213099461,2552022360-5.0%919-26.9% Jan-223119671,278 202354150.3%1,15225.4% Feb-223489891,337
Total
+
Mar-223609191,279 Apr-223959171,312
May-224719391,410 Jun-225279981,525 Jul-225761,0501,626 Aug-225961,0731,669 Sep-226291,1411,770 Oct-226561,1941,850
0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000 Listings Active Inventory Single-Family Homes Condos 0 200 400 600 Active202120222023 Listings SFH(Mar) 0 500 1,000 1,500 Active202120222023 Listings CND(Mar) 0 500 1,000 1,500 2,000 2,500 3,000 Mar-20Mar-21Mar-22Mar-23 Listings Total Active Inventory Single-Family Homes + Condos Single-Family Homes Condos
Total Inventory In Escrow*
March 2023
OAHU, HAWAII
(Thenumberofpropertiesundercontractattheendofthegivenmonth/combinedlistingsinCandPstatus)
Mo/Yr Single-Family HomesCondosTotal
Mar-205696001,169
Apr-20543455998
May-206255251,150
Jun-207036821,385
Jul-207427141,456
Aug-207487971,545
Sep-207027691,471
Oct-206937571,450
Nov-207118001,511
Dec-205757031,278
Jan-215968371,433
Feb-216979601,657
Mar-216919791,670
Apr-217391,0301,769
May-217931,1571,950
Jun-217541,0681,822
Jul-217351,0261,761
Aug-217279791,706
Sep-216609511,611
Total Inventory In Escrow
Total Inventory In Escrow: Single-Family Homes + Condos Oct-216639351,598MarchSFHYoY%chgCNDYoY%chg
Apr-225929561,548
May-225838561,439
Jun-225097281,237
Jul-224796761,155
Aug-224626541,116
Sep-22388590978
Oct-22345506851
Nov-22319512831
Dec-22278430708
Jan-23376523899
Feb-23386592978
Mar-23393 602 995
*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Nov-216378991,536202169121.4%97963.2% Dec-215287841,3122022603-12.7%9800.1% Jan-224987971,295 2023393-34.8%602-38.6% Feb-225449461,490
Mar-226039801,583
0 200 400 600 800 1,000 1,200 1,400 Listings
Inventory In Escrow Single-Family Homes Condos 0 500 1,000 202120222023 Listings SFH(Mar) 0 500 1,000 1,500 202120222023 Listings CND(Mar) 0 500 1,000 1,500 2,000 2,500 Mar-20Mar-21Mar-22Mar-23 Listings
Inventory In Escrow Single-Family Homes + Condos Single-Family Homes Condos
Total
Total
Months Supply of Active Inventory*
March 2023
OAHU, HAWAII (Comparesactiveinventorytoarolling12-monthaverageclosedsales)
Mo/Yr Single-Family HomesCondos
Mar-202.64.1
Apr-202.64.2
May-202.64.5
Months Supply of Active Inventory
Feb-211.13.3
Aug-211.11.7
Sep-211.21.8 Months Supply of Active Inventory Active Inventory vs. Closed Sales Oct-211.11.8MarchSFHYoY%chgCNDYoY%chg
*Methodologyupdatedasof2021(alsoappliedtohistoricaldatashownonthischart). MonthsofInventory,inreportspriorto2021,reflectacomparisonofactivelistingstoaveragependingsales.
Jun-202.24.5 Jul-202.14.6 Aug-201.84.6 Sep-201.74.5 Oct-201.74.4 Nov-201.64.3 Dec-201.33.7 Jan-211.33.6
Mar-211.23.0 Apr-211.12.5 May-211.02.1 Jun-211.02.0 Jul-211.11.8
Nov-211.01.720211.2-53.8%3.0-26.8% Dec-210.81.620221.0-16.7%1.5-50.0% Jan-220.81.6 20232.1110.0%2.460.0% Feb-220.91.6 Mar-221.01.5 Apr-221.11.5
Aug-221.71.8 Sep-221.92.0 Oct-222.12.1 Nov-222.22.3 Dec-222.12.2 Jan-232.02.4 Feb-232.02.4 Mar-232.1
May-221.31.5 Jun-221.51.6 Jul-221.61.7
2.4
0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 Months of Inventory
Single-Family Homes Condos 0 1 2 3 Months202120222023 of Inventory SFH(Mar) 0 2 4 Months202120222023 of Inventory CND(Mar) 0 200 400 600 800 1,000 Mar-20Mar-21Mar-22Mar-23 Sales/Listings Single-Family Homes Active Closed 0 500 1,000 1,500 2,000 Mar-20Mar-21Mar-22Mar-23 Sales/Listings Condos Active Closed
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Housing Supply Overview
March 2023
OAHU,
(Ayear-over-yearoverviewoftheavailabilityandsalesofpropertiesinagivenmonth,bypricerange)
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
HAWAII
Single-Family HomesMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22 %chgMar-23Mar-22%chg $449,999 and below 12-50.0%4541025.0%101.3%99.0%2.3%14-75.0%04-100.0%42100.0%59-44.4%2.00.5300.0% $450,000 - $599,999 47-42.9%4010300.0%94.9%100.0%-5.1%8714.3%13862.5%14955.6%1819-5.3%2.30.8187.5% $600,000 - $699,999 155200.0%427500.0%95.2%101.6%-6.3%1219-36.8%1219-36.8%2411118.2%1729-41.4%2.40.6300.0% $700,000 - $799,999 141216.7%288250.0%100.9%107.3%-5.9%2532-21.9%1634-52.9%452766.7%3159-47.5%2.10.7200.0% $800,000 - $899,999 3244-27.3%6110510.0%96.8%101.8%-4.9%5355-3.6%3948-18.8%7625204.0%5570-21.4%2.30.5360.0% $900,000 - $999,999 3254-40.7%249166.7%97.7%102.1%-4.3%3461-44.3%3167-53.7%512788.9%5294-44.7%1.40.5180.0% $1,000,000 - $1,499,999 83111-25.2%378362.5%96.2%103.6%-7.2%89118-24.6%92131-29.8%1188637.2%131183-28.4%1.20.771.4% $1,500,000 - 1,999,999 2943-32.6%1213-7.7%100.0%105.8%-5.5%3954-27.8%2939-25.6%735337.7%4168-39.7%2.41.384.6% $2,000,000 - $2,999,999 16160.0%4518150.0%96.3%103.0%-6.5%1330-56.7%1718-5.6%4548-6.3%2839-28.2%2.52.025.0% $3,000,000 and above 1027-63.0%754663.0%91.4%96.7%-5.5%1932-40.6%916-43.8%917226.4%1533-54.5%8.34.584.4% All Single-Family Homes236321-26.5%369300.0%96.7%102.0%-5.2%293412-28.9%258384-32.8%54136050.3%393603-34.8%2.11.0110.0% CondosMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chgMar-23Mar-22%chg $149,999 and below 17166.3%27263.8%96.0%99.3%-3.3%16160.0%1222-45.5%453336.4%2539-35.9%3.21.6100.0% $150,000 - $299,999 4277-45.5%1821-14.3%98.2%98.7%-0.5%5794-39.4%4784-44.0%138155-11.0%75114-34.2%2.41.741.2% $300,000 - $399,999 5496-43.8%2410140.0%98.6%100.0%-1.4%66114-42.1%78110-29.1%106110-3.6%106165-35.8%1.41.127.3% $400,000 - $499,999 80122-34.4%238187.5%100.0%100.2%-0.2%92121-24.0%82136-39.7%1459552.6%101182-44.5%1.80.9100.0% $500,000 - $599,999 66113-41.6%209122.2%99.3%101.7%-2.4%82101-18.8%5993-36.6%1188932.6%81133-39.1%1.71.070.0% $600,000 - $699,999 6467-4.5%239155.6%98.5%101.4%-2.9%6676-13.2%4380-46.3%1337675.0%58108-46.3%2.51.1127.3% $700,000 - $999,999 69119-42.0%249166.7%98.7%101.4%-2.7%85127-33.1%70116-39.7%20415234.2%97152-36.2%2.51.747.1% $1,000,000 - $1,499,999 3138-18.4%518537.5%95.3%100.0%-4.7%3237-13.5%31303.3%1048030.0%3349-32.7%4.32.759.3% $1,500,000 - $1,999,999 151136.4%5316231.3%95.7%100.0%-4.3%1315-13.3%11922.2%655322.6%1421-33.3%7.26.69.1% $2,000,000 and above 613-53.8%854973.5%98.4%94.0%4.7%211361.5%11110.0%947623.7%1217-29.4%10.47.636.8% All Condos444672-33.9%249166.7%98.5%100.0%-1.5%530714-25.8%444691-35.7%1,15291925.4%602980-38.6%2.41.560.0% Active Inventory Active Inventory Closed SalesMedian Days on Market Percent of Original List Price ReceivedPending Sales Closed SalesMedian Days on Market Percent of Original List Price ReceivedPending Sales New Listings New Listings In Escrow Months Supply of Active Inventory Total Inventory In Escrow Months Supply of Active Inventory Total Inventory
Closed Sales by Price Range: Single-Family Homes
March 2023
OAHU, HAWAII
(Acountofpropertiesthathaveclosedinagivenmonth)
$449,999andbelow12-50.0%2748-43.8%
$450,000-$599,99947-42.9%66127-48.0%
$600,000-$699,999155200.0%114244-53.3%
$700,000-$799,999141216.7%249447-44.3%
$800,000-$899,9993244-27.3%400631-36.6%
$900,000-$999,9993254-40.7%426623-31.6%
$1,000,000-$1,499,99983111-25.2%1,1421,399-18.4%
$1,500,000-1,999,9992943-32.6%373502-25.7%
$2,000,000-$2,999,99916160.0%215286-24.8%
$3,000,000andabove1027-63.0%133195-31.8%
All Single-Family Homes 236321-26.5%3,1454,502-30.1%
This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
12-mth Total This Period 12-mth Total Last Period%chg
Single-Family HomesMar-23Mar-22%chg
0 20 40 60 80 100 120 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Closed Sales Sold Price Closed Sales by Price Range 1-mth Period: Single-Family Homes Mar-23 Mar-22 0 200 400 600 800 1,000 1,200 1,400 1,600 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Closed Sales Sold Price Closed Sales by Price Range 12-mth Period: Single-Family Homes 12-mth Total This Period 12-mth Total Last Period
Closed Sales by Price Range: Condos
March 2023
OAHU, HAWAII (Acountofpropertiesthathaveclosedinagivenmonth)
$149,999andbelow17166.3%169246-31.3%
$150,000-$299,9994277-45.5%6851,112-38.4%
$300,000-$399,9995496-43.8%9061,160-21.9%
$400,000-$499,99980122-34.4%9881,337-26.1%
$500,000-$599,99966113-41.6%8351,081-22.8%
$600,000-$699,9996467-4.5%637846-24.7%
$700,000-$999,99969119-42.0%9741,095-11.1%
$1,000,000-$1,499,9993138-18.4%285355-19.7%
$1,500,000-$1,999,999151136.4%105987.1%
$2,000,000andabove613-53.8%103119-13.4%
All Condos 444672-33.9%5,6877,449-23.7% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Condos Mar-23Mar-22%chg 12-mth Total This Period 12-mth Total Last Period%chg
0 20 40 60 80 100 120 140 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Closed Sales Sold Price Closed Sales by Price Range 1-mth Period: Condos Mar-23 Mar-22 0 200 400 600 800 1,000 1,200 1,400 1,600 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Closed Sales Sold Price Closed Sales by Price Range 12-mth Period: Condos 12-mth Total This Period 12-mth Total Last Period
Median Days on Market by Price Range: Single-Family Homes
March 2023
OAHU, HAWAII
(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted) Single-Family
$449,999andbelow4541025.0%1113-15.4%
Median Days on Market by Price Range
1-mth
$450,000-$599,9994010300.0%181080.0%
$600,000-$699,999427500.0%2210120.0%
$700,000-$799,999288250.0%209122.2%
$800,000-$899,9996110510.0%14955.6%
$900,000-$999,999249166.7%12933.3%
Median Days on Market by Price Range
$1,000,000-$1,499,999378362.5%12933.3%
$1,500,000-1,999,9991213-7.7%121020.0%
$2,000,000-$2,999,9994518150.0%13128.3%
$3,000,000andabove754663.0%2832-12.5%
All Single-Family Homes 369300.0%131030.0%
This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
HomesMar-23Mar-22%chg 12-mth Median This Period 12-mth Median Last Period%chg
0 10 20 30 40 50 60 70 80 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Days on Market Sold Price
Mar-23 Mar-22 0 5 10 15 20 25 30 35 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Days on Market Sold Price
Period: Single-Family Homes
12-mth Median This Period 12-mth Median Last Period
12-mth Period: Single-Family Homes
Median Days on Market by Price Range: Condos
March 2023
OAHU, HAWAII
(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)
Median Days on Market by Price Range
$149,999andbelow27263.8%2730-10.0%
$150,000-$299,9991821-14.3%1823-21.7%
$300,000-$399,9992410140.0%14137.7%
$400,000-$499,999238187.5%12933.3%
$500,000-$599,999209122.2%12933.3%
Median
$600,000-$699,999239155.6%14955.6%
$700,000-$999,999249166.7%12933.3%
$1,000,000-$1,499,999518537.5%261844.4%
$1,500,000-$1,999,9995316231.3%3436-5.6%
$2,000,000andabove854973.5%3646-21.7%
All Condos 249166.7%141127.3%
This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Condos Mar-23Mar-22%chg 12-mth Median This Period 12-mth Median Last Period%chg
0 10 20 30 40 50 60 70 80 90 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Days on Market Sold Price
1-mth Period: Condos Mar-23 Mar-22 0 5 10 15 20 25 30 35 40 45 50 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Days on Market Sold Price
Period: Condos 12-mth Median This Period 12-mth Median Last Period
Days on Market by Price Range 12-mth
Median Percent of
OAHU,
Original List Price
Received by Price Range: Single-Family Homes
(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)
Median Percent of Original List Price Received by Price Range 1-mth Period:
$1,500,000-1,999,999100.0%105.8%-5.5%100.0%102.7%-2.6%
Median Percent of Original List Price Received by Price Range 12-mth Period: Single-Family Homes
All Single-Family Homes 96.7%102.0%-5.2%100.0%102.3%-2.2% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
2023
March
HAWAII
Single-Family HomesMar-23Mar-22%chg 12-mth Median This Period 12-mth Median Last Period%chg $449,999andbelow101.3%99.0%2.3%100.0%100.0%0.0% $450,000-$599,99994.9%100.0%-5.1%96.8%100.9%-4.1% $600,000-$699,99995.2%101.6%-6.3%98.1%101.0%-2.9% $700,000-$799,999100.9%107.3%-5.9%100.0%103.0%-2.9% $800,000-$899,99996.8%101.8%-4.9%100.0%103.6%-3.5% $900,000-$999,99997.7%102.1%-4.3%100.0%102.8%-2.7% $1,000,000-$1,499,99996.2%103.6%-7.2%100.0%103.5%-3.4%
$2,000,000-$2,999,99996.3%103.
0%-6.5%100.0%100.0%0.0% $3,000,000andabove91.4%96.7%-5.5%96.9%97.5%-0.6%
80.0% 85.0% 90.0% 95.0% 100.0% 105.0% 110.0% $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Percent Orig. LP Received Sold Price
Mar-23 Mar-22 80.0% 85.0% 90.0% 95.0% 100.0% 105.0% $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Percent Orig. LP Received Sold Price
Single-Family Homes
12-mth Median This Period 12-mth Median Last Period
Median Percent of Original List Price Received by Price Range: Condos
March 2023
OAHU, HAWAII
(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)
Median Percent of Original List Price Received by Price Range
This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.
Median Percent of Original List Price Received by Price Range
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Condos Mar-23Mar-22%chg 12-mth Median This Period 12-mth Median Last Period%chg $149,999andbelow96.0%99.3%-3.3%96.0%96.3%-0.3% $150,000-$299,99998.2%98.7%-0.5%98.6%98.1%0.5% $300,000-$399,99998.6%100.0%-1.4%100.0%100.0%0.0% $400,000-$499,999100.0%100.2%-0.2%100.0%100.0%0.0% $500,000-$599,99999.3%101.7%-2.4%100.0%100.2%-0.2% $600,000-$699,99998.5%101.4%-2.9%100.0%101.3%-1.3% $700,000-$999,99998.7%101.4%-2.7%100.0%100.1%-0.1% $1,000,000-$1,499,99995.3%100.0%-4.7%97.1%98.5%-1.4% $1,500,000-$1,999,99995.7%100.0%-4.3%96.9%96.4%0.5% $2,000,000andabove98.4%94.0%4.7%95.8%96.0%-0.2%
Condos
90.0% 92.0% 94.0% 96.0% 98.0% 100.0% 102.0% 104.0% $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Percent Orig. LP Received Sold Price
All
98.5%100.0%-1.5%100.0%100.0%0.0%
1-mth Period: Condos Mar-23 Mar-22 84.0% 86.0% 88.0% 90.0% 92.0% 94.0% 96.0% 98.0% 100.0% 102.0% $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Percent Orig. LP Received Sold Price
12-mth Period: Condos 12-mth Median This Period 12-mth Median Last Period
New Listings by Price Range: Single-Family Homes
March 2023
OAHU, HAWAII
(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth) Single-Family
$449,999andbelow14-75.0%2447-48.9%
$450,000-$599,9998714.3%78151-48.3%
$600,000-$699,9991219-36.8%156282-44.7%
$700,000-$799,9992532-21.9%291522-44.3%
$800,000-$899,9995355-3.6%504681-26.0%
$900,000-$999,9993461-44.3%539672-19.8%
$1,000,000-$1,499,99989118-24.6%1,2211,326-7.9%
$1,500,000-1,999,9993954-27.8%494518-4.6%
$2,000,000-$2,999,9991330-56.7%291318-8.5%
$3,000,000andabove1932-40.6%265273-2.9%
All Single-Family Homes293412-28.9%3,8634,790-19.4%
This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
HomesMar-23Mar-22%chg 12-mth Total This Period 12-mth Total Last Period %chg
0 20 40 60 80 100 120 140 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above New Listings Original List Price New Listings by Price Range 1-mth Period: Single-Family Homes Mar-23 Mar-22 0 200 400 600 800 1,000 1,200 1,400 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above New Listings Original List Price New Listings by Price Range 12-mth Period: Single-Family Homes 12-mth Total This Period 12-mth Total Last Period
New Listings by Price Range: Condos
March 2023
OAHU, HAWAII
(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)
$149,999andbelow16160.0%186244-23.8%
$150,000-$299,9995794-39.4%8151,154-29.4%
$300,000-$399,99966114-42.1%1,0191,353-24.7%
$400,000-$499,99992121-24.0%1,1241,461-23.1%
$500,000-$599,99982101-18.8%9401,175-20.0%
$600,000-$699,9996676-13.2%766925-17.2%
$700,000-$999,99985127-33.1%1,2231,1853.2%
$1,000,000-$1,499,9993237-13.5%408434-6.0%
$1,500,000-$1,999,9991315-13.3%18816613.3%
$2,000,000andabove211361.5%196201-2.5%
All Condos 530714-25.8%6,8658,298-17.3% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Condos Mar-23Mar-22%chg 12-mth Total This Period 12-mth Total Last Period %chg
0 20 40 60 80 100 120 140 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above New Listings Original List Price New Listings by
1-mth Period: Condos Mar-23 Mar-22 0 200 400 600 800 1,000 1,200 1,400 1,600 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above New Listings Original List Price New Listings by Price Range 12-mth Period: Condos 12-mth Total This Period 12-mth Total Last Period
Price Range
Pending Sales by Price Range: Single-Family Homes
March 2023
OAHU, HAWAII
(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)
Pending Sales by Price Range
$449,999andbelow04-100.0%2956-48.2%
$450,000-$599,99913862.5%77162-52.5%
$600,000-$699,9991219-36.8%149312-52.2%
$700,000-$799,9991634-52.9%269509-47.2%
$800,000-$899,9993948-18.8%447684-34.6%
$900,000-$999,9993167-53.7%448694-35.4%
Pending Sales by Price Range
$1,000,000-$1,499,99992131-29.8%1,0761,285-16.3%
$1,500,000-1,999,9992939-25.6%337474-28.9%
$2,000,000-$2,999,9991718-5.6%207251-17.5%
$3,000,000andabove916-43.8%127191-33.5%
All Single-Family Homes 258384-32.8%3,1664,618-31.4% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Single-Family HomesMar-23Mar-22%chg 12-mth Total This Period 12-mth Total Last Period%chg
0 20 40 60 80 100 120 140 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Pending Sales Current List Price
Period: Single-Family Homes Mar-23 Mar-22 0 200 400 600 800 1,000 1,200 1,400 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Pending Sales Current List Price
1-mth
12-mth Period: Single-Family Homes 12-mth Total This Period 12-mth Total Last Period
Pending Sales by Price Range: Condos
March 2023
OAHU, HAWAII
(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)
Pending Sales by Price Range
$149,999andbelow1222-45.5%161260-38.1%
$150,000-$299,9994784-44.0%6641,083-38.7%
$300,000-$399,99978110-29.1%9201,301-29.3%
$400,000-$499,99982136-39.7%9311,417-34.3%
$500,000-$599,9995993-36.6%7591,090-30.4%
$600,000-$699,9994380-46.3%612877-30.2%
Pending Sales by Price Range
$700,000-$999,99970116-39.7%8661,017-14.8%
$1,000,000-$1,499,99931303.3%260334-22.2%
$1,500,000-$1,999,99911922.2%101111-9.0%
$2,000,000andabove11110.0%97128-24.2%
All Condos 444691-35.7%5,3717,618-29.5% This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Condos Mar-23Mar-22%chg 12-mth Total This Period 12-mth Total Last Period%chg
0 20 40 60 80 100 120 140 160 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Pending Sales Current List Price
1-mth Period: Condos Mar-23 Mar-22 0 200 400 600 800 1,000 1,200 1,400 1,600 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Pending Sales Current List Price
12-mth Period: Condos 12-mth Total This Period 12-mth Total Last Period
Active Inventory* by Price Range: Single-Family Homes
March 2023
OAHU, HAWAII
(Thenumberofpropertiesactiveonmarketattheendofagivenmonth)
Single-Family HomesMar-23Mar-22YOY chg
$449,999andbelow42100.0%
Active Inventory by Price Range
$450,000-$599,99914955.6%
$600,000-$699,9992411118.2%
$700,000-$799,999452766.7%
$800,000-$899,9997625204.0%
$900,000-$999,999512788.9%
$1,000,000-$1,499,9991188637.2%
Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange)
$1,500,000-1,999,999735337.7%
$2,000,000-$2,999,9994548-6.3% $3,000,000andabove917226.4%
All Single-Family Homes 54136050.3%
*Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandC status.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
0 20 40 60 80 100 120 140 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Active Listings Current List Price
Single-Family Homes Mar-23 Mar-22 3% 11% 14% 39% 33% MAR-22 $599,999 and below $600,000 to $799,999 $800,000 to $999,999 $1,000,000 to $1,999,999 $2,000,000 and above 3% 13% 24% 35% 25% MAR-23 $599,999 and below $600,000 to $799,999 $800,000 to $999,999 $1,000,000 to $1,999,999 $2,000,000 and above
Active Inventory* by Price Range: Condos
March 2023
OAHU, HAWAII
(Thenumberofpropertiesactiveonmarketattheendofagivenmonth)
Condos Mar-23Mar-22YOY chg
$149,999andbelow453336.4%
Active Inventory by Price Range
$150,000-$299,999138155-11.0%
$300,000-$399,999106110-3.6%
$400,000-$499,9991459552.6%
$500,000-$599,9991188932.6%
$600,000-$699,9991337675.0%
$700,000-$999,99920415234.2%
Active Inventory - Percent Share by Price Range (portionoftotalactivestatuslistingsrepresentedbyagivenpricerange)
$1,000,000-$1,499,9991048030.0%
$1,500,000-$1,999,999655322.6%
$2,000,000andabove947623.7%
All Condos 1,15291925.4% *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandC status.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
0 50 100 150 200 250 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Active Listings Current List Price
Condos Mar-23 Mar-22 21% 22% 18% 25% 14% MAR-22 $299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000 to $1,499,999 $1,500,000 and above 16% 22% 22% 26% 14% MAR-23 $299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000 to $1,499,999 $1,500,000 and above
Active Inventory*: Single-Family Homes and Condos
March 2023
OAHU, HAWAII
iousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Single-Family Homes
$599,999 and below 241922162015131813138111110141512810141615122418 $600,000 to $799,999 42432436334339393424224038273846595764809467656269 $800,000 to $999,999 55614460717078625444544952719399113128133157148143121115127 $1,000,000 to $1,999,999 119121105126146145165155135101111139139160193218226236251243251216207204191 $2,000,000 and above 139137142139145143142127130127116109120127133149166167171162173156146142136 Total 379381337377415416437401366309311348360395471527576596629656682597551547541 Condos
$299,999 and below 371313271253227217227218205198188204188194187199188176184183189185179185183 $300,000 to $499,999 335316259280272266298302275248250243205194219229238243263267292261277282251 $500,000 to $699,999 178159132161145142152158189158183183165161162171172196250274272245243229251 $700,000 to $1,499,999 212204180193187191206218227203216232232240253271328330317325340318329322308 $1,500,000 and above 161141141138138134147143137139130127129128118128124128127145151161168159159 Total 1,2571,1339831,0259699501,0301,0391,0339469679899199179399981,0501,0731,1411,1941,2441,1701,1961,1771,152 *Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Prev
0 50 100 150 200 250 300 Mar-21 Mar-22 Mar-23 Listings Active Inventory Single-Family Homes $599,999 and below $600,000 to $799,999 $800,000 to $999,999 $1,000,000 to $1,999,999 $2,000,000 and above 0 50 100 150 200 250 300 350 400 Mar-21 Mar-22 Mar-23 Lisings Active Inventory Condos $299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000 to $1,499,999 $1,500,000 and above
M-21A-21M-21J-21J-21A-21S-21O-21N-21D-21J-22F-22M-22A-22M-22J-22J-22A-22S-22O-22N-22D-22J-23F-23M-23
M-21A-21M-21J-21J-21A-21S-21O-21N-21D-21J-22F-22M-22A-22M-22J-22J-22A-22S-22O-22N-22D-22J-23F-23M-23
Total Inventory In Escrow* by Price Range: Single-Family Homes March
2023
OAHU, HAWAII
(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)
Single-Family HomesMar-23Mar-22YOY chg
$449,999andbelow59-44.4%
Total Inventory In Escrow by Price Range Single-Family
$450,000-$599,9991819-5.3%
$600,000-$699,9991729-41.4%
$700,000-$799,9993159-47.5%
$800,000-$899,9995570-21.4%
$900,000-$999,9995294-44.7%
Total Inventory In Escrow - Percent Share by Price Range
(portionoftotalinventoryinescrowrepresentedbyagivenprice range)
$1,000,000-$1,499,999131183-28.4%
$1,500,000-1,999,9994168-39.7%
$2,000,000-$2,999,9992839-28.2%
*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
$3,000,000andabove1533-54.5% All Single-Family Homes 393603-34.8%
0 20 40 60 80 100 120 140 160 180 200 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Active Listings Current List Price
Homes Mar-23 Mar-22 5% 14% 27% 42% 12% MAR-22 $599,999 and below $600,000 to
$800,000 to $999,999 $1,000,000
$2,000,000 and
6% 12% 27% 44% 11% MAR-23 $599,999 and below $600,000 to $799,999 $800,000 to $999,999 $1,000,000 to $1,999,999 $2,000,000 and above
$799,999
to $1,999,999
above
Total Inventory In Escrow* by Price Range: Condos
March 2023
OAHU, HAWAII
(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth)
Condos Mar-23Mar-22YOY chg
Total Inventory In Escrow by Price Range
$149,999andbelow2539-35.9%
$150,000-$299,99975114-34.2%
$300,000-$399,999106165-35.8%
$400,000-$499,999101182-44.5%
$500,000-$599,99981133-39.1%
$600,000-$699,99958108-46.3%
Total Inventory In Escrow - Percent Share by Price Range
(portionoftotalinventoryinescrowrepresentedbyagivenprice range)
$700,000-$999,99997152-36.2%
$1,000,000-$1,499,9993349-32.7%
$1,500,000-$1,999,9991421-33.3%
$2,000,000andabove1217-29.4%
All Condos 602980-38.6%
*Newindicatoraddedtoreportsasof2021,includingapplicablehistoricaldata.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
0 20 40 60 80 100 120 140 160 180 200 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Active Listings Current List Price
Condos Mar-23 Mar-22 16% 35% 25% 20% 4% MAR-22 $299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000 to $1,499,999 $1,500,000 and above 17% 34% 23% 22% 4% MAR-23 $299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000 to $1,499,999 $1,500,000 and above
Months Supply of Active Inventory by Price Range: Single-Family Homes March 2023
OAHU, HAWAII
(Comparesactiveinventorytoarolling12-monthaverageclosedsales)
Single-Family HomesMar-23Mar-22YOY chg
Months Supply of Inventory by Price Range
$449,999andbelow2.00.5300.0%
$450,000-$599,9992.30.8187.5%
$600,000-$699,9992.40.6300.0%
$700,000-$799,9992.10.7200.0%
$800,000-$899,9992.30.5360.0%
$900,000-$999,9991.40.5180.0%
Months Supply of Inventory
SOURCE:
$1,000,000-$1,499,9991.20.771.4% $1,500,000-1,999,9992.41.384.6%
$3,000,000andabove8.34.584.4% All Single-Family Homes 2.11.0110.0% 0 3 6 9 $449,999 and below $450,000$599,999 $600,000$699,999 $700,000$799,999 $800,000$899,999 $900,000$999,999 $1,000,000$1,499,999 $1,500,0001,999,999 $2,000,000$2,999,999 $3,000,000 and above Months of Inventory Current List Price
$2,000,000-$2,999,9992.52.025.0%
Single-Family Homes Mar-23 Mar-22 0 2 4 6 8 Mar-21Mar-22Mar-23 Months of Inventory
Single-Family Homes $599,999 and below $600,000 to $799,999 $800,000 to $999,999 $1,000,000
$1,999,999 $2,000,000
to
and above
Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
Months Supply of Active Inventory by Price Range: Condos
March 2023
OAHU, HAWAII
(Comparesactiveinventorytoarolling12-monthaverageclosedsales)
Condos Mar-23Mar-22YOY chg
Months Supply of Inventory by Price Range
$149,999andbelow3.21.6100.0%
$150,000-$299,9992.41.741.2%
$300,000-$399,9991.41.127.3%
$400,000-$499,9991.80.9100.0%
$500,000-$599,9991.71.070.0%
$600,000-$699,9992.51.1127.3%
Months Supply of Inventory
$700,000-$999,9992.51.747.1%
$1,000,000-$1,499,9994.32.759.3%
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2023.HonoluluBoardofREALTORS®.AllRightsReserved.Informationhereindeemedreliablebutnotguaranteed.
All Condos 2.41.560.0% 0 3 6 9 12 $149,999 and below $150,000$299,999 $300,000$399,999 $400,000$499,999 $500,000$599,999 $600,000$699,999 $700,000$999,999 $1,000,000$1,499,999 $1,500,000$1,999,999 $2,000,000 and above Months of Inventory Current List Price
$1,500,000-$1,999,9997.26.69.1% $2,000,000andabove10.47.636.8%
Condos Mar-23 Mar-22 0 2 4 6 8 10 12 14 16 18 20 22 24 26 Mar-21Mar-22Mar-23 Months of Inventory
Condos $299,999 and below $300,000 to $499,999 $500,000 to $699,999 $700,000
$1,499,999 $1,500,000
to
and above
Single-Family Homes and Condos OAHU, HAWAII: Jan 1987 to the Present 0 100 200 300 400 500 600 700 800 900 1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023 Closed Sales SFH Closed Sales CONDO SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Closed Sales
Median Sales Price
Single-Family
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Homes and Condos OAHU, HAWAII: Jan 1987 to the Present $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023 Median Sales Price SFH Median Sales Price CONDO
{ S O U R C E : H O N O L U L U B O A R D O F R E A L T O R S 2 0 2 1 }
BOARD OF
MARCH 2023 OAHU LOCAL MARKET UPDATE
HONOLULU
REALTORS®
Oahu Local Market Update
March 2023
LOCAL MARKETS
to 1-2-9 (except 1-2-6)
CONTENTS:
Wahiawa1-7-1 to 1-7-7
Makaha - Nanakuli1-8-1 to 1-8-9
- Salt Lake18
North Shore19
Pearl City - Aiea20
Ewa Plain1-9-1 Wahiawa21
Makakilo1-9-2 to 1-9-3
Waialae - Kahala22
Waipahu1-9-4 Waikiki23
MililaniSelected 1-9-4 to 1-9-5 Waipahu24
Pearl City - Aiea1-9-6 to 1-9-9 Windward Coast25
SOURCE: Honolulu Board of REALTORS®, residential resales data compiled from HiCentral MLS, Ltd.®
©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Current Month Overview (Single-Family Homes) 2 Current Month Overview (Condos) 3 TMK AREAS Year-to-Date Overview 4 Moanalua - Salt Lake1-1-1 Aina Haina - Kuliouou 5 Kalihi - Palama1-1-2
Ala Moana - Kakaako6 Downtown - Nuuanu1-1-8 to 1-2-2 Downtown - Nuuanu7 Ala Moana - Kakaako1-2-3 Ewa Plain8 Makiki - Moiliili1-2-4
Hawaii Kai9 Waikiki1-2-6 Kailua - Waimanalo10
Kalihi
Kaneohe12
Makaha
Makakilo15
Mililani17
Moanalua
to 1-1-7
Kapahulu - Diamond Head1-3-1 to 1-3-4
- Palama11 Waialae - Kahala1-3-5
Aina Haina - Kuliouou1-3-6 to 1-3-8 Kapahulu - Diamond Head13 Hawaii Kai1-3-9
- Nanakuli14 Kailua - Waimanalo1-4-1 to selected 1-4-4
Kaneohe1-4-4 to 1-4-7 Makiki - Moiliili16 Windward Coast1-4-8 to 1-5-5
North Shore1-5-6 to 1-6-9
Oahu - Islandwide26 Neighborhoods Summary 27 Single-Family Homes 27-33 Condos 34-37
Local Market Update
Single Family Homes
March 2023
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data.
©Copyright 2023.
Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Mar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22Change Aina Haina - Kuliouou 1-3-6 to 1-3-8 4 9 -56%$3,270,000$1,830,00079%97.1%101.8%-5% 68 7 871% Ala Moana - Kakaako 1-2-3 00---------Downtown - Nuuanu 1-1-8 to 1-2-2 3 5 -40%$1,310,000$1,400,000-6%86.7%100.0%-13% 9 3 200% Ewa Plain 1-9-1 44 57 -23%$945,950$935,0001%96.9%103.8%-7% 39 9 333% Hawaii Kai 1-3-9 14 19 -26%$1,775,000$1,900,000-7%98.0%102.0%-4% 24 11 118% Kailua - Waimanalo 1-4-1 to Selected 1-4-4 19 21 -10%$1,522,000$1,863,000-18%95.8%105.6%-9% 19 11 73% Kalihi - Palama 1-1-2 to 1-1-7 9 13 -31%$940,000$985,000-5%91.8%100.0%-8% 43 20 115% Kaneohe Selected 1-4-4 to 1-4-7 14 27 -48%$1,100,000$1,300,000-15%94.4%105.9%-11% 19 9 111% Kapahulu - Diamond Head 1-3-1 to 1-3-4 13 19 -32%$1,675,000$1,500,00012%94.9%100.0%-5% 54 16 238% Makaha - Nanakuli 1-8-1 to 1-8-9 22 26 -15%$656,500$739,000-11%98.2%100.8%-3% 44 8 450% Makakilo 1-9-2 to 1-9-3 8 13 -38%$1,100,000$990,00011%98.4%103.9%-5% 33 8 313% Makiki - Moiliili 1-2-4 to 1-2-9 (except 1-2-6) 14 12 17%$1,500,000$1,575,000-5%98.0%97.0%1% 14 35 -60% Mililani Selected 1-9-4 to 1-9-5 14 21 -33%$1,022,000$1,096,491-7%99.8%102.0%-2% 26 8 225% Moanalua - Salt Lake 1-1-1 5 5 0%$1,300,000$1,420,000-8%92.0%110.0%-16% 72 9 700% North Shore 1-5-6 to 1-6-9 4 10 -60%$1,194,000$1,822,500-34%86.5%97.3%-11% 90 15 500% Pearl City - Aiea 1-9-6 to 1-9-9 18 23 -22%$990,000$1,023,000-3%100.0%102.2%-2% 15 8 88% Wahiawa 1-7-1 to 1-7-7 4 6 -33%$734,500$950,000-23%93.0%99.5%-7% 38 9 322% Waialae - Kahala 1-3-5 8 8 0%$1,875,000$1,875,0000%95.3%102.3%-7% 52 23 126% Waikiki 1-2-6 0 1 -100% -$1,500,000- - 90.9% - - 103Waipahu 1-9-4 16 17 -6%$935,000$950,000-2%97.1%101.4%-4% 59 8 638% Windward Coast 1-4-8 to 1-5-5 3 9 -67%$990,000$1,155,000-14%99.5%105.0%-5% 20 6 233% Mar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22Change Aina Haina - Kuliouou 1-3-6 to 1-3-8 6 14 -57% 9 9 0% 18 21 -14% 14 15 -7% Ala Moana - Kakaako 1-2-3 0 2 -100% 1 1 0% 0 4 -100% 2 2 0% Downtown - Nuuanu 1-1-8 to 1-2-2 7 7 0% 5 4 25% 23 15 53% 6 10 -40% Ewa Plain 1-9-1 53 80 -34% 44 76 -42% 99 46 115% 60 120 -50% Hawaii Kai 1-3-9 13 25 -48% 15 21 -29% 15 17 -12% 18 30 -40% Kailua - Waimanalo 1-4-1 to Selected 1-4-4 25 41 -39% 20 41 -51% 42 30 40% 41 58 -29% Kalihi - Palama 1-1-2 to 1-1-7 15 12 25% 13 13 0% 25 16 56% 22 24 -8% Kaneohe Selected 1-4-4 to 1-4-7 14 24 -42% 10 23 -57% 23 15 53% 20 33 -39% Kapahulu - Diamond Head 1-3-1 to 1-3-4 10 22 -55% 17 18 -6% 31 27 15% 22 34 -35% Makaha - Nanakuli 1-8-1 to 1-8-9 34 34 0% 29 37 -22% 70 34 106% 40 59 -32% Makakilo 1-9-2 to 1-9-3 16 12 33% 10 17 -41% 24 9 167% 14 25 -44% Makiki - Moiliili 1-2-4 to 1-2-9 (except 1-2-6) 11 17 -35% 10 20 -50% 24 19 26% 15 26 -42% Mililani Selected 1-9-4 to 1-9-5 25 22 14% 15 24 -38% 28 10 180% 23 30 -23% Moanalua - Salt Lake 1-1-1 3 7 -57% 5 6 -17% 4 4 0% 7 9 -22% North Shore 1-5-6 to 1-6-9 5 17 -71% 6 9 -33% 22 23 -4% 12 23 -48% Pearl City - Aiea 1-9-6 to 1-9-9 16 23 -30% 14 16 -13% 26 15 73% 22 30 -27% Wahiawa 1-7-1 to 1-7-7 6 12 -50% 5 8 -38% 8 10 -20% 8 14 -43% Waialae - Kahala 1-3-5 5 12 -58% 7 8 -13% 18 18 0% 8 12 -33% Waikiki 1-2-6 00-00-00-00Waipahu 1-9-4 20 23 -13% 15 26 -42% 30 14 114% 27 38 -29% Windward Coast 1-4-8 to 1-5-5 9 6 50% 8 7 14% 11 13 -15% 12 11 9% *Metrics updated as of 2021, in accordance with Monthly Statistical Report.
MARCH 2023 Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market MARCH 2023 New Listings Pending Sales* Active Inventory* Total Inventory In Escrow*
Honolulu
Local Market Update Condos
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data.
©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Mar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22Change Aina Haina - Kuliouou 1-3-6 to 1-3-8 00---------Ala Moana - Kakaako 1-2-3 55 76 -28%$830,000$760,5009%95.9%98.8%-3% 39 23 70% Downtown - Nuuanu 1-1-8 to 1-2-2 32 42 -24%$590,500$605,000-2%99.2%100.2%-1% 17 10 70% Ewa Plain 1-9-1 36 67 -46%$652,500$675,000-3%100.0%104.3%-4% 19 8 138% Hawaii Kai 1-3-9 24 19 26%$845,000$915,000-8%97.7%101.8%-4% 19 7 171% Kailua - Waimanalo 1-4-1 to Selected 1-4-4 11 11 0%$675,000$775,000-13%97.8%106.4%-8% 9 7 29% Kalihi - Palama 1-1-2 to 1-1-7 17 12 42%$385,000$415,000-7%96.3%97.6%-1% 40 30 33% Kaneohe Selected 1-4-4 to 1-4-7 14 26 -46%$610,000$697,000-12%100.1%102.9%-3% 8 8 0% Kapahulu - Diamond Head 1-3-1 to 1-3-4 4 13 -69%$943,500$600,00057%100.0%100.0%0% 13 14 -7% Makaha - Nanakuli 1-8-1 to 1-8-9 14 37 -62%$249,500$225,00011%100.0%100.0%0% 19 10 90% Makakilo 1-9-2 to 1-9-3 17 18 -6%$530,000$551,000-4%99.4%104.9%-5% 22 9 144% Makiki - Moiliili 1-2-4 to 1-2-9 (except 1-2-6) 41 82 -50%$430,000$426,5001%97.9%100.0%-2% 35 14 150% Mililani Selected 1-9-4 to 1-9-5 22 37 -41%$510,000$515,000-1%100.0%104.7%-4% 14 7 100% Moanalua - Salt Lake 1-1-1 12 28 -57%$433,750$470,000-8%98.3%100.1%-2% 25 9 178% North Shore 1-5-6 to 1-6-9 4 9 -56%$1,007,500$805,00025%96.8%95.0%2% 9 14 -36% Pearl City - Aiea 1-9-6 to 1-9-9 22 31 -29%$466,250$480,000-3%100.0%102.4%-2% 12 7 71% Wahiawa 1-7-1 to 1-7-7 2 2 0%$372,500$260,00043%97.8%96.1%2% 3 12 -75% Waialae - Kahala 1-3-5 4 5 -20%$602,500$660,000-9%94.4%105.5%-11% 26 10 160% Waikiki 1-2-6 97 132 -27%$470,000$442,5006%97.3%98.8%-2% 31 14 121% Waipahu 1-9-4 15 22 -32%$500,000$510,000-2%100.0%103.4%-3% 8 8 0% Windward Coast 1-4-8 to 1-5-5 1 3 -67%$85,000$465,000-82%100.0%100.0%0% 0 2 -100% Mar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22Change Aina Haina - Kuliouou 1-3-6 to 1-3-8 0 1 -100% 0 1 -100% 1 0 - 0 1 -100% Ala Moana - Kakaako 1-2-3 68 72 -6% 55 71 -23% 257 189 36% 68 115 -41% Downtown - Nuuanu 1-1-8 to 1-2-2 29 74 -61% 22 57 -61% 80 80 0% 29 80 -64% Ewa Plain 1-9-1 43 63 -32% 39 69 -43% 59 23 157% 60 85 -29% Hawaii Kai 1-3-9 15 16 -6% 20 21 -5% 28 13 115% 22 29 -24% Kailua - Waimanalo 1-4-1 to Selected 1-4-4 15 11 36% 9 9 0% 11 7 57% 13 11 18% Kalihi - Palama 1-1-2 to 1-1-7 16 20 -20% 11 15 -27% 23 21 10% 14 21 -33% Kaneohe Selected 1-4-4 to 1-4-7 12 20 -40% 13 25 -48% 15 5 200% 17 34 -50% Kapahulu - Diamond Head 1-3-1 to 1-3-4 7 14 -50% 11 9 22% 15 20 -25% 15 12 25% Makaha - Nanakuli 1-8-1 to 1-8-9 14 28 -50% 16 27 -41% 43 26 65% 25 45 -44% Makakilo 1-9-2 to 1-9-3 14 13 8% 10 15 -33% 15 3 400% 15 23 -35% Makiki - Moiliili 1-2-4 to 1-2-9 (except 1-2-6) 60 90 -33% 52 83 -37% 101 93 9% 58 119 -51% Mililani Selected 1-9-4 to 1-9-5 26 37 -30% 33 31 6% 17 15 13% 44 41 7% Moanalua - Salt Lake 1-1-1 19 28 -32% 17 32 -47% 23 31 -26% 24 40 -40% North Shore 1-5-6 to 1-6-9 3 8 -63% 4 5 -20% 4 11 -64% 6 11 -45% Pearl City - Aiea 1-9-6 to 1-9-9 15 47 -68% 14 42 -67% 29 30 -3% 26 55 -53% Wahiawa 1-7-1 to 1-7-7 2 2 0% 2 1 100% 3 4 -25% 3 3 0% Waialae - Kahala 1-3-5 4 9 -56% 3 8 -63% 6 7 -14% 5 10 -50% Waikiki 1-2-6 150 140 7% 101 148 -32% 398 331 20% 136 213 -36% Waipahu 1-9-4 16 19 -16% 9 19 -53% 21 8 163% 14 28 -50% Windward Coast 1-4-8 to 1-5-5 2 2 0% 3 3 0% 3 2 50% 8 4 100% *Metrics updated as of 2021, in accordance with Monthly Statistical Report.
March 2023 MARCH 2023 Closed Sales Median Sales Price Percent of Original List Price Received Median Days on Market MARCH 2023 New Listings Pending Sales* Active Inventory* Total Inventory In Escrow*
Local Market Update
Single Family Homes and Condos
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Mar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22Change Aina Haina - Kuliouou 1-3-6 to 1-3-8 1420-30%$2,579,000$1,765,00046%97.6%102.2%-5%319244%2330-23%1623-30% Ala Moana - Kakaako 1-2-3 01-100%-$1,205,000--96.5%- -36-15-80%12-50% Downtown - Nuuanu 1-1-8 to 1-2-2 1124-54%$1,148,000$1,240,000-7%93.3%101.3%-8%178113%2122-5%1119-42% Ewa Plain 1-9-1 99188-47%$900,000$920,000-2%96.8%102.3%-5%4410340%145223-35%128203-37% Hawaii Kai 1-3-9 3053-43%$1,512,500$1,650,000-8%95.9%103.7%-8%151225%3461-44%3852-27% Kailua - Waimanalo 1-4-1 to Selected 1-4-4 5576-28%$1,500,000$1,565,000-4%96.0%100.4%-4%211191%8199-18%7292-22% Kalihi - Palama 1-1-2 to 1-1-7 2433-27%$845,000$970,000-13%92.6%100.0%-7%5121143%3643-16%3741-10% Kaneohe Selected 1-4-4 to 1-4-7 3550-30%$1,100,000$1,300,000-15%94.3%103.2%-9%3010200%3765-43%3463-46% Kapahulu - Diamond Head 1-3-1 to 1-3-4 2650-48%$1,327,500$1,550,000-14%94.4%100.0%-6%321788%3757-35%4454-19% Makaha - Nanakuli 1-8-1 to 1-8-9 5978-24%$658,000$712,500-8%96.5%100.0%-4%4813269%9197-6%7196-26% Makakilo 1-9-2 to 1-9-3 2140-48%$980,000$994,000-1%97.7%101.8%-4%409344%3550-30%3252-38% Makiki - Moiliili 1-2-4 to 1-2-9 (except 1-2-6) 2327-15%$1,500,000$1,600,000-6%95.7%100.0%-4%1526-42%3637-3%3134-9% Mililani Selected 1-9-4 to 1-9-5 2046-57%$1,022,000$1,060,000-4%97.6%100.5%-3%5012317%4852-8%4054-26% Moanalua - Salt Lake 1-1-1 611-45%$1,175,000$1,375,000-15%92.8%109.8%-15%6810580%916-44%1215-20% North Shore 1-5-6 to 1-6-9 1524-38%$1,198,000$1,650,000-27%92.3%97.2%-5%5617229%1542-64%2135-40% Pearl City - Aiea 1-9-6 to 1-9-9 4956-13%$910,000$1,054,000-14%99.1%101.6%-2%11110%5459-8%5859-2% Wahiawa 1-7-1 to 1-7-7 1218-33%$750,000$950,000-21%93.0%102.6%-9%4611318%1428-50%1118-39% Waialae - Kahala 1-3-5 1819-5%$2,250,000$2,400,000-6%95.6%100.0%-4%6918283%1529-48%24229% Waikiki 1-2-6 01-100%-$1,500,000--90.9%- -103-00-00Waipahu 1-9-4 3454-37%$925,000$920,0001%98.6%101.9%-3%349278%4460-27%4357-25% Windward Coast 1-4-8 to 1-5-5 819-58%$1,035,000$1,305,000-21%99.7%100.0%0%1124-54%1824-25%1824-25% Mar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22ChangeMar-23Mar-22Change Aina Haina - Kuliouou 1-3-6 to 1-3-8 00- - - - - ---01-100%01-100% Ala Moana - Kakaako 1-2-3 124199-38%$645,000$775,000-17%96.6%97.9%-1%413517%219243-10%147214-31% Downtown - Nuuanu 1-1-8 to 1-2-2 89120-26%$583,000$529,00010%97.8%100.0%-2%3015100%101171-41%87139-37% Ewa Plain 1-9-1 87161-46%$600,000$680,000-12%100.0%103.1%-3%248200%123181-32%111174-36% Hawaii Kai 1-3-9 4051-22%$792,000$842,500-6%97.5%100.7%-3%221283%53530%5359-10% Kailua - Waimanalo 1-4-1 to Selected 1-4-4 28274%$735,000$750,000-2%99.3%102.5%-3%188125%353017%26260% Kalihi - Palama 1-1-2 to 1-1-7 2737-27%$400,000$425,000-6%97.6%98.8%-1%342821%46452%3341-20% Kaneohe Selected 1-4-4 to 1-4-7 3254-41%$642,000$710,000-10%99.6%103.0%-3%218163%3665-45%4169-41% Kapahulu - Diamond Head 1-3-1 to 1-3-4 1436-61%$713,500$587,50021%100.0%100.0%0%1118-39%2537-32%2528-11% Makaha - Nanakuli 1-8-1 to 1-8-9 3368-51%$245,000$227,5008%100.0%100.0%0%2610160%5285-39%4084-52% Makakilo 1-9-2 to 1-9-3 3245-29%$547,500$550,0000%100.0%103.0%-3%219133%3449-31%3251-37% Makiki - Moiliili 1-2-4 to 1-2-9 (except 1-2-6) 86192-55%$404,500$415,000-3%97.8%100.0%-2%3712208%151256-41%111233-52% Mililani Selected 1-9-4 to 1-9-5 61113-46%$475,000$515,000-8%100.0%103.4%-3%188125%7997-19%7788-13% Moanalua - Salt Lake 1-1-1 2768-60%$440,000$450,000-2%98.5%100.0%-2%12120%4891-47%4275-44% North Shore 1-5-6 to 1-6-9 922-59%$1,000,000$850,00018%95.2%100.0%-5%241385%930-70%1225-52% Pearl City - Aiea 1-9-6 to 1-9-9 5697-42%$455,000$460,000-1%100.0%100.5%0%11110%62107-42%58104-44% Wahiawa 1-7-1 to 1-7-7 47-43%$291,000$135,000116%98.9%100.0%-1%816-50%660%6450% Waialae - Kahala 1-3-5 715-53%$580,000$660,000-12%98.7%101.1%-2%111010%1222-45%920-55% Waikiki 1-2-6 251333-25%$435,000$424,0003%97.0%98.2%-1%272129%379481-21%275409-33% Waipahu 1-9-4 3558-40%$499,500$490,0002%100.0%102.1%-2%13863%4160-32%3155-44% Windward Coast 1-4-8 to 1-5-5 27-71%$280,000$360,000-22%98.0%96.0%2%1431-55%59-44%59-44% *Metric updated as of 2021, in accordance with Monthly Statistical Report.
March 2023 YEAR-TO-DATE Closed Sales Median Sales Price % Orig. List Price ReceivedMedian Days on Market New Listings Pending Sales* Single-Family Homes Condos Pending Sales* YEAR-TO-DATE Closed Sales Median Sales Price % Orig. List Price ReceivedMedian Days on Market New Listings
Year-to-Date
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data.
Local Market Update March 2023
1-3-6 to 1-3-8 20232022Change20232022Change 20232022Change20232022Change Closed Sales 4 9-56%1420-30% Closed Sales 0 0-0 0Median Sales Price $3,270,000$1,830,00079%$2,579,000$1,765,00046% Median Sales PricePercent of Original List Price Received 97.1%101.8%-5%97.6%102.2%-5% Percent of Original List Price ReceivedMedian Days on Market 68 7871%31 9244% Median Days on MarketNew Listings 6 14-57%2330-23% New Listings 0 1-100%0 1-100% Pending Sales 9 90%1623-30% Pending Sales 0 1-100%0 1-100% Active Inventory 1821-14%- Active Inventory 1 0-Total Inventory In Escrow 1415-7%- Total Inventory In Escrow 0 1-100%-
Aina Haina - Kuliouou
Single-Family Homes March Year to Date Condos March Year to Date 1,241,000 1,777,500 1,183,000 1,875,000 2,100,000 1,750,000 1,500,000 1,263,500 1,700,000 1,350,000 2,075,000 1,830,000 2,086,111 2,330,000 1,850,000 1,550,000 1,565,000 1,497,000 1,496,625 2,647,500 1,235,000 2,294,000 2,137,500 3,270,000 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Single-Family Homes 657,000 575,000 650,000 675,000 0 750,000 600,000 675,000 0 0 0 0 808,000 0 950,000 0 0 0 0 0 0 0 0 0 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 1112121014151561556910777993105644 0 2 4 6 8 10 12 14 16 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 111201110000102000000000 0 1 2 3 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Ala Moana - Kakaako
Local Market Update March 2023
Median Sales Price: Single-Family Homes
1-2-3 20232022Change20232022Change 20232022Change20232022Change Closed Sales 0 0-0 1-100% Closed Sales 5576-28%124199-38% Median Sales Price - ---$1,205,000- Median Sales Price $830,000$760,5009%$645,000$775,000-17% Percent of Original List Price Received - ---96.5%- Percent of Original List Price Received 95.9%98.8%-3%96.6%97.9%-1% Median Days on Market - 36- Median Days on Market 392370%413517% New Listings 0 2-100%1 5-80% New Listings 6872-6%219243-10% Pending Sales 1 10%1 2-50% Pending Sales 5571-23%147214-31% Active Inventory 0 4-100%- Active Inventory 25718936%Total Inventory In Escrow 2 20%- Total Inventory In Escrow 68115-41%-
Single-Family Homes March Year to Date Condos March Year to Date 1,057,500 841,000 0 1,190,000 1,160,000 0 950,000 0 1,065,000 1,205,000 0 0 999,000 1,437,500 1,418,500 0 0 0 900,000 0 1,314,500 0 0 0 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
450,000 802,500 566,000 750,000 785,000 405,000 500,000 630,000 837,500 790,000 750,000 760,500 732,000 800,000 709,000 732,500 615,000 695,000 880,000 612,500 620,000 737,500 502,500 830,000 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 220110102100122000102000 0 0.5 1 1.5 2 2.5 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 556483659954646372655876917067546158594839393055 0 20 40 60 80 100 120 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Median Sales Price: Single-Family Homes
Local Market Update
March 2023
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data.
Downtown-Nuuanu 1-1-8 to 1-2-2 20232022Change20232022Change 20232022Change20232022Change Closed Sales 3 5-40%1124-54% Closed Sales 3242-24%89120-26% Median Sales Price $1,310,000$1,400,000-6%$1,148,000$1,240,000-7% Median Sales Price $590,500$605,000-2%$583,000$529,00010% Percent of Original List Price Received 86.7%100.0%-13%93.3%101.3%-8% Percent of Original List Price Received 99.2%100.2%-1%97.8%100.0%-2% Median Days on Market 9 3200%17 8113% Median Days on Market 171070%3015100% New Listings 7 70%2122-5% New Listings 2974-61%101171-41% Pending Sales 5 425%1119-42% Pending Sales 2257-61%87139-37% Active Inventory 231553%- Active Inventory 80800%Total Inventory In Escrow 6 10-40%- Total Inventory In Escrow 2980-64%-
Single-Family Homes March Year to Date Condos March Year to Date 990,000 1,200,000 1,500,000 1,135,500 1,182,000 1,130,000 1,300,000 996,000 1,262,000 1,237,500 1,230,000 1,400,000 1,512,500 1,364,500 1,325,000 1,725,000 1,295,000 1,400,000 961,000 1,405,000 1,026,944 1,164,000 905,000 1,310,000 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
575,000 425,000 560,000 559,000 650,000 602,500 697,500 605,000 510,500 505,000 500,750 605,000 640,000 629,950 545,000 423,000 525,000 470,000 630,000 425,000 630,000 670,000 490,000 590,500 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 151310147111191410954109935464623 0 2 4 6 8 10 12 14 16 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 675463754545564355483042576255423345371927174032 0 10 20 30 40 50 60 70 80 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
©Copyright 2023.
of
Reserved.
Honolulu Board
REALTORS®. All Rights
Information herein deemed reliable but not guaranteed.
Ewa Plain
Local Market Update
March 2023
Median Sales Price: Single-Family Homes
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
1-9-1 20232022Change20232022Change 20232022Change20232022Change Closed Sales 4457-23%99188-47% Closed Sales 3667-46%87161-46% Median Sales Price $945,950$935,0001%$900,000$920,000-2% Median Sales Price $652,500$675,000-3%$600,000$680,000-12% Percent of Original List Price Received 96.9%103.8%-7%96.8%102.3%-5% Percent of Original List Price Received 100.0%104.3%-4%100.0% 103.1%-3% Median Days on Market 39 9333%4410340% Median Days on Market 19 8138%24 8200% New Listings 5380-34%145223-35% New Listings 4363-32%123181-32% Pending Sales 4476-42%128203-37% Pending Sales 3969-43%111174-36% Active Inventory 9946115%- Active Inventory 5923157%Total Inventory In Escrow 60120-50%- Total Inventory In Escrow 6085-29%-
Single-Family Homes March Year to Date Condos March Year to Date 801,000 860,000 871,000 872,500 856,000 869,500 873,500 886,500 874,900 920,000 907,500 935,000 950,000 940,250 932,000 950,000 949,000 870,000 890,000 880,000 845,000 810,000 910,000 945,950 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
625,000 617,500 629,000 650,000 660,000 675,000 675,000 667,500 685,000 687,500 705,000 675,000 692,500 715,000 710,500 630,000 639,500 705,000 734,000 597,500 590,000 546,000 517,000 652,500 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 737995889170806871755657797269645951372541223344 0 10 20 30 40 50 60 70 80 90 100 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 707460606557646859484667565962515445322433262536 0 10 20 30 40 50 60 70 80 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Median Sales Price: Single-Family Homes
Local Market Update March 2023
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data.
Hawaii Kai 1-3-9 20232022Change20232022Change 20232022Change20232022Change Closed Sales 1419-26%3053-43% Closed Sales 241926%4051-22% Median Sales Price $1,775,000$1,900,000-7%$1,512,500$1,650,000-8% Median Sales Price $845,000$915,000-8%$792,000$842,500-6% Percent of Original List Price Received 98.0%102.0%-4%95.9%103.7%-8% Percent of Original List Price Received 97.7%101.8%-4%97.5%100.7%-3% Median Days on Market 2411118%151225% Median Days on Market 19 7171%221283% New Listings 1325-48%3461-44% New Listings 1516-6%53530% Pending Sales 1521-29%3852-27% Pending Sales 2021-5%5359-10% Active Inventory 1517-12%- Active Inventory 2813115%Total Inventory In Escrow 1830-40%- Total Inventory In Escrow 2229-24%-
Homes March Year to Date Condos March Year to Date 1,314,000 1,538,000 1,425,000 1,550,000 1,387,500 1,420,000 1,625,000 1,702,500 1,495,000 1,395,000 1,875,000 1,900,000 1,600,000 1,485,000 1,600,000 1,450,000 1,750,000 1,640,000 1,580,000 1,637,500 1,605,000 1,275,000 1,700,000 1,775,000 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
Single-Family
672,500 680,000 767,750 762,500 764,500 860,000 746,000 670,000 670,000 821,000 750,000 915,000 899,000 810,000 816,000 955,000 757,000 745,000 835,000 870,000 900,000 670,000 780,000 845,000 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 16222614182525182423111923131972011781451114 0 5 10 15 20 25 30 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 2719202020141620181913191723251517121711551124 0 5 10 15 20 25 30 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
©Copyright 2023.
of
Reserved.
Honolulu Board
REALTORS®. All Rights
Information herein deemed reliable but not guaranteed.
Local Market Update
March 2023 Single-Family
Kailua - Waimanalo
Median Sales Price: Single-Family Homes
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
1-4-1 to Selected 1-4-4 20232022Change20232022Change 20232022Change20232022Change Closed Sales 1921-10%5576-28% Closed Sales 11110%28274% Median Sales Price $1,522,000$1,863,000-18%$1,500,000$1,565,000-4% Median Sales Price $675,000$775,000-13%$735,000$750,000-2% Percent of Original List Price Received 95.8%105.6%-9%96.0%100.4%-4% Percent of Original List Price Received 97.8%106.4%-8%99.3%102.5%-3% Median Days on Market 191173%211191% Median Days on Market 9 729%18 8125% New Listings 2541-39%8199-18% New Listings 151136%353017% Pending Sales 2041-51%7292-22% Pending Sales 9 90%26260% Active Inventory 423040%- Active Inventory 11 757%Total Inventory In Escrow 4158-29%- Total Inventory In Escrow 131118%-
Homes March Year to Date Condos March Year to Date 1,428,000 1,467,500 1,535,000 1,692,500 1,500,000 1,560,000 1,800,000 1,700,000 1,662,500 1,565,000 1,470,000 1,863,000 1,600,000 1,620,000 1,683,000 1,600,000 1,500,000 1,575,000 1,505,000 1,700,000 1,724,000 1,487,500 1,420,000 1,522,000 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
645,000 636,000 723,000 943,550 849,000 750,000 950,000 715,000 650,000 735,000 850,000 775,000 700,000 840,000 910,000 721,500 760,000 757,000 745,000 708,750 718,425 712,000 759,500 675,000 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 324239424343232728332221284033332927231714162019 0 5 10 15 20 25 30 35 40 45 50 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 15131310141951013610111013789948671011 0 2 4 6 8 10 12 14 16 18 20 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Kalihi - Palama
Local Market Update March 2023
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
1-1-2 to 1-1-7 20232022Change20232022Change 20232022Change20232022Change Closed Sales 9 13-31%2433-27% Closed Sales 171242%2737-27% Median Sales Price $940,000$985,000-5%$845,000$970,000-13% Median Sales Price $385,000$415,000-7%$400,000$425,000-6% Percent of Original List Price Received 91.8%100.0%-8%92.6%100.0%-7% Percent of Original List Price Received 96.3%97.6%-1%97.6%98.8%-1% Median Days on Market 4320115%5121143% Median Days on Market 403033%342821% New Listings 151225%3643-16% New Listings 1620-20%46452% Pending Sales 13130%3741-10% Pending Sales 1115-27%3341-20% Active Inventory 251656%- Active Inventory 232110%Total Inventory In Escrow 2224-8%- Total Inventory In Escrow 1421-33%-
Single-Family Homes March Year to Date Condos March Year to Date 915,000 880,000 855,000 885,750 850,000 900,000 952,500 950,000 958,438 870,000 1,055,000 985,000 1,050,000 1,050,000 905,000 925,000 925,000 875,000 950,000 1,150,000 922,500 927,500 750,000 940,000 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
Single-Family Homes 415,000 540,000 375,000 416,000 281,000 457,500 386,500 347,500 370,000 470,000 402,500 415,000 395,000 457,500 399,000 420,000 377,500 420,000 452,000 370,000 388,000 345,000 532,500 385,000 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 141217141719141510911131511151311139510699 0 2 4 6 8 10 12 14 16 18 20 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 105191791010121511141213141711611101044617 0 2 4 6 8 10 12 14 16 18 20 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Median Sales Price:
Kaneohe
Local Market Update
March 2023
Median Sales Price: Single-Family Homes
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Selected 1-4-4 to 1-4-7 20232022Change20232022Change 20232022Change20232022Change Closed Sales 1427-48%3550-30% Closed Sales 1426-46%3254-41% Median Sales Price $1,100,000$1,300,000-15%$1,100,000$1,300,000-15% Median Sales Price $610,000$697,000-12%$642,000$710,000-10% Percent of Original List Price Received 94.4%105.9%-11%94.3%103.2%-9% Percent of Original List Price Received 100.1%102.9%-3%99.6% 103.0%-3% Median Days on Market 19 9111%3010200% Median Days on Market 8 80%21 8163% New Listings 1424-42%3765-43% New Listings 1220-40%3665-45% Pending Sales 1023-57%3463-46% Pending Sales 1325-48%4169-41% Active Inventory 231553%- Active Inventory 15 5200%Total Inventory In Escrow 2033-39%- Total Inventory In Escrow 1734-50%-
Single-Family Homes March Year to Date Condos March Year to Date 1,050,000 1,011,000 1,077,500 1,251,000 1,100,000 1,245,000 1,225,000 1,180,000 1,105,000 1,325,000 1,167,500 1,300,000 1,125,000 1,280,000 1,350,000 1,287,500 1,157,500 1,250,000 1,180,000 1,295,000 1,105,000 1,100,000 1,140,000 1,100,000 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
530,000 580,000 625,000 700,000 700,500 724,500 715,500 708,500 755,000 712,500 675,000 697,000 697,500 730,000 724,500 610,000 600,000 817,000 749,000 660,000 695,000 752,500 590,000 610,000 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 2323302934342627231582723172314181719111515614 0 5 10 15 20 25 30 35 40 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 1725332324222420111612262424161717248111181014 0 5 10 15 20 25 30 35 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Kapahulu - Diamond Head
Local Market Update March 2023
Median Sales Price: Single-Family Homes
1-3-1 to 1-3-4 20232022Change20232022Change 20232022Change20232022Change Closed Sales 1319-32%2650-48% Closed Sales 4 13-69%1436-61% Median Sales Price $1,675,000$1,500,00012%$1,327,500$1,550,000-14% Median Sales Price $943,500$600,00057%$713,500$587,50021% Percent of Original List Price Received 94.9%100.0%-5%94.4%100.0%-6% Percent of Original List Price Received 100.0%100.0%0%100.0%100.0%0% Median Days on Market 5416238%321788% Median Days on Market 1314-7%1118-39% New Listings 1022-55%3757-35% New Listings 7 14-50%2537-32% Pending Sales 1718-6%4454-19% Pending Sales 11 922%2528-11% Active Inventory 312715%- Active Inventory 1520-25%Total Inventory In Escrow 2234-35%- Total Inventory In Escrow 151225%-
Single-Family Homes March Year to Date Condos March Year to Date 1,162,500 1,200,000 1,053,000 1,200,000 1,526,500 1,300,000 1,252,500 1,225,000 1,218,000 1,550,000 1,747,500 1,500,000 1,367,500 1,200,000 1,365,000 1,300,000 1,339,000 1,220,000 1,250,000 1,300,000 1,345,000 1,100,000 1,305,000 1,675,000 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
521,500 607,750 672,500 417,500 655,000 577,000 771,000 550,000 553,000 580,000 580,000 600,000 567,500 650,000 1,675,000 609,500 660,000 687,500 825,000 629,500 1,225,000 365,000 790,000 943,500 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 242332241827242231171419211511252323141994913 0 5 10 15 20 25 30 35 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 126141013131259111213888478766374 0 2 4 6 8 10 12 14 16 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Makaha - Nanakuli
Local Market Update March 2023
Median
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
1-8-1 to 1-8-9 20232022Change20232022Change 20232022Change20232022Change Closed Sales 2226-15%5978-24% Closed Sales 1437-62%3368-51% Median Sales Price $656,500$739,000-11%$658,000$712,500-8% Median Sales Price $249,500$225,00011%$245,000$227,5008% Percent of Original List Price Received 98.2%100.8%-3%96.5%100.0%-4% Percent of Original List Price Received 100.0%100.0%0%100.0%100.0%0% Median Days on Market 44 8450%4813269% Median Days on Market 191090%2610160% New Listings 34340%9197-6% New Listings 1428-50%5285-39% Pending Sales 2937-22%7196-26% Pending Sales 1627-41%4084-52% Active Inventory 7034106%- Active Inventory 432665%Total Inventory In Escrow 4059-32%- Total Inventory In Escrow 2545-44%-
Single-Family Homes March Year to Date Condos March Year to Date 630,000 647,000 675,000 630,000 630,000 660,000 650,000 700,000 690,000 720,000 670,000 739,000 745,000 740,000 721,000 680,000 650,000 656,000 684,500 736,000 702,500 640,000 675,000 656,500 $560,000 $580,000 $600,000 $620,000 $640,000 $660,000 $680,000 $700,000 $720,000 $740,000 $760,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
210,500 188,500 180,000 202,450 180,000 204,500 235,000 275,000 215,000 237,500 215,000 225,000 283,500 257,500 235,000 245,000 305,000 289,000 220,000 268,750 287,000 214,500 235,000 249,500 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 293039372936292817351726322730212522141216172022 0 5 10 15 20 25 30 35 40 45 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 17162820162825172516153728182315141515161910914 0 5 10 15 20 25 30 35 40 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Sales Price: Single-Family Homes
Median Sales Price: Single-Family Homes
Local Market Update March 2023
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Makakilo 1-9-2 to 1-9-3 20232022Change20232022Change 20232022Change20232022Change Closed Sales 8 13-38%2140-48% Closed Sales 1718-6%3245-29% Median Sales Price $1,100,000$990,00011%$980,000$994,000-1% Median Sales Price $530,000$551,000-4%$547,500$550,0000% Percent of Original List Price Received 98.4%103.9%-5%97.7%101.8%-4% Percent of Original List Price Received 99.4%104.9%-5%100.0%103.0%-3% Median Days on Market 33 8313%40 9344% Median Days on Market 22 9144%21 9133% New Listings 161233%3550-30% New Listings 14138%3449-31% Pending Sales 1017-41%3252-38% Pending Sales 1015-33%3251-37% Active Inventory 24 9167%- Active Inventory 15 3400%Total Inventory In Escrow 1425-44%- Total Inventory In Escrow 1523-35%-
Single-Family Homes March Year to Date Condos March Year to Date 840,000 835,000 927,000 974,500 1,100,000 997,500 955,000 963,821 1,000,000 994,000 1,020,000 990,000 1,240,000 922,500 1,113,000 930,000 1,150,000 1,050,000 944,000 850,000 1,010,000 804,500 850,000 1,100,000 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
446,500 465,000 513,500 535,000 512,750 491,000 496,050 515,000 526,500 537,500 610,000 551,000 553,001 622,500 555,000 512,000 570,000 528,000 560,000 610,000 551,000 523,000 645,000 530,000 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 18101981122141619161113171218131571054498 0 5 10 15 20 25 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 14121810141910291216111816181611118119158717 0 5 10 15 20 25 30 35 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Makiki - Moiliili
Local Market Update March 2023
Single-Family Homes
Median Sales Price: Single-Family Homes
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
1-2-4 to 1-2-9 (except 1-2-6) 20232022Change20232022Change 20232022Change20232022Change Closed Sales 141217%2327-15% Closed Sales 4182-50%86192-55% Median Sales Price $1,500,000$1,575,000-5%$1,500,000$1,600,000-6% Median Sales Price $430,000$426,5001%$404,500$415,000-3% Percent of Original List Price Received 98.0%97.0%1%95.7%100.0%-4% Percent of Original List Price Received 97.9%100.0%-2%97.8%100.0%-2% Median Days on Market 1435-60%1526-42% Median Days on Market 3514150%3712208% New Listings 1117-35%3637-3% New Listings 6090-33%151256-41% Pending Sales 1020-50%3134-9% Pending Sales 5283-37%111233-52% Active Inventory 241926%- Active Inventory 101939%Total Inventory In Escrow 1526-42%- Total Inventory In Escrow 58119-51%-
March Year to Date Condos March Year to Date 1,295,000 1,350,000 1,411,000 1,375,000 1,500,000 1,450,000 1,550,000 1,642,500 1,398,000 1,650,000 1,562,500 1,575,000 1,800,000 1,940,000 1,525,000 1,425,000 1,460,750 1,310,000 1,734,500 1,350,000 1,800,000 1,435,000 5,700,000 1,500,000 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
382,500 392,500 385,000 415,000 445,000 420,000 395,000 342,500 405,000 396,250 402,500 426,500 418,000 399,500 400,000 407,000 410,000 415,000 409,500 437,000 382,500 382,000 375,000 430,000 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 15191910151712221578121314121114116597214 0 5 10 15 20 25 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 635277635977726475545682749069615542543444252041 0 10 20 30 40 50 60 70 80 90 100 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Median Sales Price: Single-Family Homes
Local Market Update
March 2023
Selected 1-9-4 to 1-9-5 20232022Change20232022Change 20232022Change20232022Change Closed Sales 1421-33%2046-57% Closed Sales 2237-41%61113-46% Median Sales Price $1,022,000$1,096,491-7%$1,022,000$1,060,000-4% Median Sales Price $510,000$515,000-1%$475,000$515,000-8% Percent of Original List Price Received 99.8%102.0%-2%97.6%100.5%-3% Percent of Original List Price Received 100.0%104.7%-4%100.0% 103.4%-3% Median Days on Market 26 8225%5012317% Median Days on Market 14 7100%18 8125% New Listings 252214%4852-8% New Listings 2637-30%7997-19% Pending Sales 1524-38%4054-26% Pending Sales 33316%7788-13% Active Inventory 2810180%- Active Inventory 171513%Total Inventory In Escrow 2330-23%- Total Inventory In Escrow 44417%-
Mililani
Single-Family Homes March Year to Date Condos March Year to Date 919,000 925,000 960,000 1,092,500 915,000 1,216,000 965,000 1,070,000 950,000 1,050,000 980,000 1,096,491 1,045,000 1,110,000 1,080,000 1,065,000 1,200,000 1,110,000 1,051,000 1,075,000 1,275,000 947,500 1,146,000 1,022,000 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
435,000 435,000 468,500 477,000 485,000 505,000 511,000 525,000 469,000 512,500 510,000 515,000 501,000 536,250 520,000 552,500 566,250 560,000 565,000 523,000 533,000 467,500 450,000 510,000 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 1615172416211821151692115242713161916782414 0 5 10 15 20 25 30 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 353552414341403927443237313828363237232724182122 0 10 20 30 40 50 60 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
2023. Honolulu
of REALTORS®.
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright
Board
All Rights Reserved. Information herein deemed reliable but not guaranteed.
Moanalua - Salt Lake
Local Market Update
March 2023
Median Sales Price: Single-Family Homes
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
1-1-1 20232022Change20232022Change 20232022Change20232022Change Closed Sales 5 50%6 11-45% Closed Sales 1228-57%2768-60% Median Sales Price $1,300,000$1,420,000-8%$1,175,000$1,375,000-15% Median Sales Price $433,750$470,000-8%$440,000$450,000-2% Percent of Original List Price Received 92.0%110.0%-16%92.8%109.8%-15% Percent of Original List Price Received 98.3%100.1%-2%98.5% 100.0%-2% Median Days on Market 72 9700%6810580% Median Days on Market 25 9178%12120% New Listings 3 7-57%9 16-44% New Listings 1928-32%4891-47% Pending Sales 5 6-17%1215-20% Pending Sales 1732-47%4275-44% Active Inventory 4 40%- Active Inventory 2331-26%Total Inventory In Escrow 7 9-22%- Total Inventory In Escrow 2440-40%-
Single-Family Homes March Year to Date Condos March Year to Date 940,000 1,139,500 952,500 1,056,000 1,110,000 1,162,500 1,200,000 951,000 1,150,000 1,105,000 1,430,000 1,420,000 1,150,000 1,201,000 1,300,000 1,087,500 1,100,000 1,200,000 1,220,000 1,110,000 874,500 953,888 0 1,300,000 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
355,000 400,000 426,000 415,000 442,500 380,000 407,000 432,000 435,000 441,000 450,000 470,000 435,250 442,500 440,000 470,000 430,000 428,000 508,500 410,000 425,000 445,000 395,000 433,750 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 6645965411515375259572105 0 2 4 6 8 10 12 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 2322233132202623261624282434291321276997812 0 5 10 15 20 25 30 35 40 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Median Sales Price: Single-Family Homes
Local Market Update
March 2023
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023.
North Shore 1-5-6 to 1-6-9 20232022Change20232022Change 20232022Change20232022Change Closed Sales 4 10-60%1524-38% Closed Sales 4 9-56%9 22-59% Median Sales Price $1,194,000$1,822,500-34%$1,198,000$1,650,000-27% Median Sales Price $1,007,500$805,00025%$1,000,000$850,00018% Percent of Original List Price Received 86.5%97.3%-11%92.3%97.2%-5% Percent of Original List Price Received 96.8%95.0%2%95.2%100.0%-5% Median Days on Market 9015500%5617229% Median Days on Market 9 14-36%241385% New Listings 5 17-71%1542-64% New Listings 3 8-63%9 30-70% Pending Sales 6 9-33%2135-40% Pending Sales 4 5-20%1225-52% Active Inventory 2223-4%- Active Inventory 4 11-64%Total Inventory In Escrow 1223-48%- Total Inventory In Escrow 6 11-45%-
Single-Family Homes March Year to Date Condos March Year to Date 2,100,000 1,340,000 1,350,000 1,505,000 1,397,500 1,722,500 962,000 1,300,000 1,475,000 1,650,000 1,750,000 1,822,500 2,135,900 2,075,000 1,400,000 2,001,250 1,212,500 1,050,000 1,580,000 2,367,500 1,785,000 1,389,000 1,292,750 1,194,000 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
594,500 410,000 410,000 350,000 498,000 646,000 860,000 417,000 523,000 850,000 1,057,500 805,000 505,000 1,440,000 786,250 885,000 704,450 930,000 1,217,277 725,000 732,000 1,135,000 682,500 1,007,500 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 1721761512451195101781312107558384 0 5 10 15 20 25 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 4195345385897461044712324 0 2 4 6 8 10 12 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Honolulu
of
Board
REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Pearl City - Aiea
Local Market Update
March 2023
Median Sales Price: Single-Family Homes
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
1-9-6 to 1-9-9 20232022Change20232022Change 20232022Change20232022Change Closed Sales 1823-22%4956-13% Closed Sales 2231-29%5697-42% Median Sales Price $990,000$1,023,000-3%$910,000$1,054,000-14% Median Sales Price $466,250$480,000-3%$455,000$460,000-1% Percent of Original List Price Received 100.0%102.2%-2%99.1%101.6%-2% Percent of Original List Price Received 100.0%102.4%-2%100.0%100.5%0% Median Days on Market 15 888%11110% Median Days on Market 12 771%11110% New Listings 1623-30%5459-8% New Listings 1547-68%62107-42% Pending Sales 1416-13%5859-2% Pending Sales 1442-67%58104-44% Active Inventory 261573%- Active Inventory 2930-3%Total Inventory In Escrow 2230-27%- Total Inventory In Escrow 2655-53%-
Single-Family Homes March Year to Date Condos March Year to Date 885,000 942,000 920,000 985,000 905,000 1,013,000 1,000,000 1,020,000 1,035,000 1,123,500 1,030,000 1,023,000 1,030,000 1,162,500 1,071,000 1,128,500 1,100,000 1,012,500 1,060,000 987,250 986,000 850,000 905,000 990,000 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
447,000 429,250 457,000 432,000 410,000 460,000 530,000 460,000 405,000 459,000 435,000 480,000 455,000 515,000 499,000 475,000 495,000 432,500 472,500 470,000 540,000 497,000 384,000 466,250 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 172329252220292622141923211621221422211416141718 0 5 10 15 20 25 30 35 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 383243383251372731412531464133393128292021181622 0 10 20 30 40 50 60 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Median Sales Price: Single-Family Homes
Local Market Update
March 2023
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023.
Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Wahiawa 1-7-1 to 1-7-7 20232022Change20232022Change 20232022Change20232022Change Closed Sales 4 6-33%1218-33% Closed Sales 2 20%4 7-43% Median Sales Price $734,500$950,000-23%$750,000$950,000-21% Median Sales Price $372,500$260,00043%$291,000$135,000116% Percent of Original List Price Received 93.0%99.5%-7%93.0%102.6%-9% Percent of Original List Price Received 97.8%96.1%2%98.9%100.0%-1% Median Days on Market 38 9322%4611318% Median Days on Market 3 12-75%8 16-50% New Listings 6 12-50%1428-50% New Listings 2 20%6 60% Pending Sales 5 8-38%1118-39% Pending Sales 2 1100%6 450% Active Inventory 8 10-20%- Active Inventory 3 4-25%Total Inventory In Escrow 8 14-43%- Total Inventory In Escrow 3 30%-
Single-Family Homes March Year to Date Condos March Year to Date 780,000 798,500 765,000 722,500 732,050 840,000 800,000 845,000 840,000 925,000 876,000 950,000 888,000 942,500 922,500 777,500 930,000 732,500 880,500 808,000 820,000 837,000 750,000 734,500 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
227,000 270,000 270,000 287,500 273,000 310,000 220,000 191,500 0 132,000 130,000 260,000 162,500 285,000 325,000 340,000 316,500 261,590 149,000 278,685 232,500 252,000 101,266 372,500 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 969881311106756510412132697444 0 2 4 6 8 10 12 14 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 415453520412232543332112 0 1 2 3 4 5 6 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Honolulu
Waialae - Kahala
Local Market Update March 2023
Median Sales Price: Single-Family Homes
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
1-3-5 20232022Change20232022Change 20232022Change20232022Change Closed Sales 8 80%1819-5% Closed Sales 4 5-20%7 15-53% Median Sales Price $1,875,000$1,875,0000%$2,250,000$2,400,000-6% Median Sales Price $602,500$660,000-9%$580,000$660,000-12% Percent of Original List Price Received 95.3%102.3%-7%95.6%100.0%-4% Percent of Original List Price Received 94.4%105.5%-11%98.7%101.1%-2% Median Days on Market 5223126%6918283% Median Days on Market 2610160%111010% New Listings 5 12-58%1529-48% New Listings 4 9-56%1222-45% Pending Sales 7 8-13%24229% Pending Sales 3 8-63%9 20-55% Active Inventory 18180%- Active Inventory 6 7-14%Total Inventory In Escrow 8 12-33%- Total Inventory In Escrow 5 10-50%-
March Year to Date Condos March Year to Date 2,050,000 2,336,155 2,320,000 2,180,000 2,280,000 2,110,500 2,825,000 2,825,000 2,740,000 2,115,000 2,980,000 1,875,000 2,375,000 3,220,000 2,050,000 3,125,000 2,600,000 2,425,000 2,450,000 1,627,500 2,384,549 1,085,000 2,960,000 1,875,000 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
Single-Family Homes
601,163 570,000 105,000 550,000 370,000 599,000 600,000 570,000 650,000 572,500 714,000 660,000 720,000 375,000 532,500 645,000 337,500 650,000 685,000 168,500 610,000 395,000 580,000 602,500 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 131020617614121229891079910366198 0 5 10 15 20 25 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 11611944345645766483135214 0 2 4 6 8 10 12 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Median Sales Price: Single-Family Homes
Local Market Update March 2023
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Waikiki 1-2-6 20232022Change20232022Change 20232022Change20232022Change Closed Sales 0 1-100%0 1-100% Closed Sales 97132-27%251333-25% Median Sales Price -$1,500,000--$1,500,000- Median Sales Price $470,000$442,5006%$435,000$424,0003% Percent of Original List Price Received -90.9%--90.9%- Percent of Original List Price Received 97.3%98.8%-2%97.0%98.2%-1% Median Days on Market -103--103- Median Days on Market 3114121%272129% New Listings 0 0-0 0- New Listings 1501407%379481-21% Pending Sales 0 0-0 0- Pending Sales 101148-32%275409-33% Active Inventory 0 0-- Active Inventory 39833120%Total Inventory In Escrow 0 0-- Total Inventory In Escrow 136213-36%-
Single-Family Homes March Year to Date Condos March Year to Date 1,075,000 0 0 1,880,000 0 0 0 0 0 0 1,500,000 0 0 0 0 0 0 1,975,000 0 0 0 0 0 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
400,000 350,500 409,000 390,000 452,400 418,350 425,000 424,044 446,500 424,000 382,500 442,500 460,000 420,000 515,000 442,000 340,000 437,000 381,500 387,000 440,000 412,000 390,000 470,000 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 010010000001000000100000 0 0.2 0.4 0.6 0.8 1 1.2 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 12713612613814810711512211410110013214313613310410392966777619397 0 20 40 60 80 100 120 140 160 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Median Sales Price: Single-Family Homes
Local Market Update
March 2023
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Waipahu 1-9-4 20232022Change20232022Change 20232022Change20232022Change Closed Sales 1617-6%3454-37% Closed Sales 1522-32%3558-40% Median Sales Price $935,000$950,000-2%$925,000$920,0001% Median Sales Price $500,000$510,000-2%$499,500$490,0002% Percent of Original List Price Received 97.1%101.4%-4%98.6%101.9%-3% Percent of Original List Price Received 100.0%103.4%-3%100.0% 102.1%-2% Median Days on Market 59 8638%34 9278% Median Days on Market 8 80%13 863% New Listings 2023-13%4460-27% New Listings 1619-16%4160-32% Pending Sales 1526-42%4357-25% Pending Sales 9 19-53%3155-44% Active Inventory 3014114%- Active Inventory 21 8163%Total Inventory In Escrow 2738-29%- Total Inventory In Escrow 1428-50%-
Single-Family Homes March Year to Date Condos March Year to Date 800,000 864,500 837,500 860,000 890,000 880,000 880,500 910,000 950,000 840,000 974,986 950,000 960,000 1,050,000 980,000 1,015,000 976,250 879,500 880,000 915,000 922,500 935,000 888,000 935,000 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
430,000 440,000 450,000 452,500 505,000 435,000 503,500 460,000 475,000 490,000 485,500 510,000 537,500 530,000 505,000 527,000 544,000 497,000 520,000 501,000 542,500 510,000 375,000 500,000 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales
Condos 17222029252320262723141725232721181013171015316 0 5 10 15 20 25 30 35 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 3019232219221627172511221625181718231311613715 0 5 10 15 20 25 30 35 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Price:
Windward Coast
Local Market Update March 2023
Single-Family Homes
Median Sales Price: Single-Family Homes
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
1-4-8 to 1-5-5 20232022Change20232022Change 20232022Change20232022Change Closed Sales 3 9-67%8 19-58% Closed Sales 1 3-67%2 7-71% Median Sales Price $990,000$1,155,000-14%$1,035,000$1,305,000-21% Median Sales Price $85,000$465,000-82%$280,000$360,000-22% Percent of Original List Price Received 99.5%105.0%-5%99.7%100.0% 0% Percent of Original List Price Received 100.0%100.0%0%98.0%96.0%2% Median Days on Market 20 6233%1124-54% Median Days on Market 0 2-100%1431-55% New Listings 9 650%1824-25% New Listings 2 20%5 9-44% Pending Sales 8 714%1824-25% Pending Sales 3 30%5 9-44% Active Inventory 1113-15%- Active Inventory 3 250%Total Inventory In Escrow 12119%- Total Inventory In Escrow 8 4100%-
March Year to Date Condos March Year to Date 912,500 910,750 655,000 1,255,000 1,009,500 846,500 1,337,500 1,200,000 810,000 2,085,000 1,477,500 1,155,000 1,175,000 1,435,000 1,050,000 1,437,500 1,890,000 900,000 1,260,000 1,047,500 1,042,000 1,095,000 1,080,000 990,000 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
375,000 97,500 360,000 256,000 137,000 321,000 290,025 268,250 80,000 0 220,000 465,000 420,000 408,450 471,056 495,000 435,000 308,750 460,000 420,000 98,000 0 475,000 85,000 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 814710144695469465433542233 0 2 4 6 8 10 12 14 16 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 5598114521043124132335011 0 2 4 6 8 10 12 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Oahu - Islandwide
Local Market Update March 2023
Single-Family Homes
Median Sales Price: Single-Family Homes
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©Copyright 2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
20232022Change20232022Change 20232022Change20232022Change Closed Sales 236321-26%559888-37% Closed Sales 444672-34%1,0441,710-39% Median Sales Price $1,083,750$1,150,000-6%$1,025,000$1,100,000-7% Median Sales Price $536,000$515,5004%$500,000$510,000-2% Percent of Original List Price Received 96.7%102.0%-5%96.5%101.5%-5% Percent of Original List Price Received 98.5%100.0%-2%98.3%100.0%-2% Median Days on Market 36 9300%3611227% Median Days on Market 24 9167%2511127% New Listings 293412-29%7941,099-28% New Listings 530714-26%1,5162,119-28% Pending Sales 258384-33%7421,015-27% Pending Sales 444691-36%1,2211,908-36% Active Inventory 54136050%- Active Inventory 1,15291925%Total Inventory In Escrow 393603-35%- Total Inventory In Escrow 602980-39%-
March Year to Date Condos March Year to Date 928,000 978,000 979,000 992,500 1,050,000 1,050,000 1,000,000 1,050,000 1,050,000 1,050,000 1,125,000 1,150,000 1,105,000 1,153,500 1,100,000 1,107,944 1,125,500 1,100,000 1,050,000 1,149,500 1,049,500 970,000 987,000 1,083,750 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23
450,000 457,750 460,000 475,000 500,000 478,000 500,000 500,000 485,000 510,000 497,000 515,500 510,000 516,500 534,000 500,000 498,500 502,500 520,000 480,000 502,500 495,000 480,000 536,000 $400,000 $420,000 $440,000 $460,000 $480,000 $500,000 $520,000 $540,000 $560,000 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Median Sales Price: Condos 375405451404425424381371378326241321365344357312314278222192202150173236 0 50 100 150 200 250 300 350 400 450 500 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Single-Family Homes 645598730671675615611601593552486672672688626518508496435340360275325444 0 100 200 300 400 500 600 700 800 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Closed Sales: Condos
Single Family Homes Sold - March 2023 vs 2022 (Residential resales data, based on region and neighborhood groupings as listed in MLS)
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Note: YTD sold counts reflect combined monthly "snapshots" of the reported MLS data from Jan. 1 to the end of the currently reported month. March March March March YTD YTD YTD YTD 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/- 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/Central Region LAUNANI VALLEY 915,000 $ ---- 3---- 940,000 $ ---- 5---MILILANI AREA 969,000 $ 1,075,000 $ -9.9%(106,000) $ 9 812.5%1 985,000 $ 1,050,000 $ -6.2%(65,000) $ 15 24-37.5%-9 MILILANI MAUKA 1,177,500 $ 1,362,500 $ -13.6%(185,000) $ 4 8-50.0%-4 1,177,500 $ 1,325,000 $ -11.1%(147,500) $ 4 13-69.2%-9 WAHIAWA AREA 860,000 $ 859,000 $ 0.1%1,000 $ 1 10.0%0 780,000 $ 859,000 $ -9.2%(79,000) $ 7 540.0%2 WAHIAWA HEIGHTS 690,000 $ 987,500 $ -30.1%(297,500) $ 2 20.0%0 720,000 $ 1,005,000 $ -28.4%(285,000) $ 3 7-57.1%-4 WAHIAWA PARK 852,500 $ ---- 2---WAIPIO ACRES/WAIKALANI WOODLANDS 760,000 $ 1,007,500 $ -24.6%(247,500) $ 1 2-50.0%-1 760,000 $ 1,007,500 $ -24.6%(247,500) $ 1 4-75.0%-3 WHITMORE VILLAGE 749,000 $ 950,000 $ -21.2%(201,000) $ 1 2-50.0%-1 749,500 $ 950,000 $ -21.1%(200,500) $ 2 3-33.3%-1 WILIKINA 1,137,500 $ ---- 1---- 1,137,500 $ ---- 1---Central Region 957,000 $ 1,070,000 $ -10.6%(113,000) $ 18 27-33.3%-9 927,500 $ 1,029,667 $ -9.9%(102,167) $ 32 64-50.0%-32 Diamond Head Region AINA HAINA AREA 1,500,000 $ 1,100,050 $ 36.4%399,950 $ 1 2-50.0%-1 1,500,000 $ 1,131,500 $ 32.6%368,500 $ 1 3-66.7%-2 DIAMOND HEAD 6,800,000 $ 5,285,000 $ 28.7%1,515,000 $ 3 6-50.0%-3 5,900,000 $ 5,062,500 $ 16.5%837,500 $ 4 12-66.7%-8 HAWAII LOA RIDGE 3,700,000 $ 2,800,000 $ 32.1%900,000 $ 3 30.0%0 3,100,000 $ 2,800,000 $ 10.7%300,000 $ 7 540.0%2 KAHALA AREA 15,000,000 $ 1 3,580,000 $ 3,350,000 $ 6.9%230,000 $ 5 366.7%2 KAHALA-BLACK POINT 2,350,000 $ 1 2,350,000 $ 1 KAHALA-PUUPANINI 1,550,000 $ ---- 1---- 1,840,000 $ 1,999,999 $ -8.0%(159,999) $ 3 30.0%0 KAI NANI 8,250,000 $ ---- 1---KAIMUKI 1,200,000 $ 1,379,000 $ -13.0%(179,000) $ 1 6-83.3%-5 1,175,000 $ 1,185,500 $ -0.9%(10,500) $ 3 12-75.0%-9 KALANI IKI 1,448,000 $ 1,175,000 $ 23.2%273,000 $ 3 1200.0%2 1,448,000 $ 1,327,500 $ 9.1%120,500 $ 3 250.0%1 KAPAHULU 1,850,000 $ 1,500,000 $ 23.3%350,000 $ 1 10.0%0 1,525,000 $ 1,500,000 $ 1.7%25,000 $ 2 3-33.3%-1 KULIOUOU 865,000 $ 1---- 1,875,000 $ 1,312,500 $ 42.9%562,500 $ 1 6-83.3%-5 MAUNALANI HEIGHTS 2,350,000 $ 1,420,000 $ 65.5%930,000 $ 3 1200.0%2 1,774,000 $ 2,227,500 $ -20.4%(453,500) $ 4 40.0%0 NIU BEACH 2,600,000 $ 1---- 3,400,000 $ 2,600,000 $ 30.8%800,000 $ 1 10.0%0 NIU VALLEY 1,540,000 $ 2---- 1,285,000 $ 1,427,500 $ -10.0%(142,500) $ 3 4-25.0%-1 PALOLO 975,000 $ 1,300,000 $ -25.0%(325,000) $ 3 250.0%1 965,000 $ 1,432,500 $ -32.6%(467,500) $ 6 60.0%0 ST. LOUIS 1,219,000 $ 4---WAIALAE IKI 1,950,000 $ 1,900,000 $ 2.6%50,000 $ 1 5-80.0%-4 1,890,000 $ 2,325,000 $ -18.7%(435,000) $ 4 10-60.0%-6 WAIALAE NUI RDGE 2,082,030 $ 2,460,000 $ -15.4%(377,970) $ 1 10.0%0 2,150,000 $ 1,999,999 $ 7.5%150,001 $ 3 30.0%0 WAIALAE NUI VLY 1,800,000 $ 1 1,800,000 $ 1 WAIALAE NUI-LWR 1,050,000 $ 1---- 1,085,000 $ 1,050,000 $ 3.3%35,000 $ 1 10.0%0 WAILUPE BCH 4,800,000 $ 1 WILHELMINA 1,512,500 $ 1,427,000 $ 6.0%85,500 $ 2 20.0%0 1,687,500 $ 1,465,000 $ 15.2%222,500 $ 4 6-33.3%-2 Diamond Head Region 1,850,000 $ 1,625,000 $ 13.8%225,000 $ 25 36-30.6%-11 1,845,000 $ 1,700,000 $ 8.5%145,000 $ 58 89-34.8%-31 Ewa Plain Region EWA BEACH 940,000 $ 900,000 $ 4.4%40,000 $ 3 5-40.0%-2 785,000 $ 960,000 $ -18.2%(175,000) $ 9 13-30.8%-4 EWA GEN ALII COURT 838,000 $ ---- 1---- 814,000 $ ---- 2---EWA GEN ALII COVE 775,000 $ ---- 1---EWA GEN BREAKERS 1,185,000 $ ---- 1---EWA GEN CARRIAGES 1,200,000 $ 1 1,200,000 $ 1 EWA GEN CORAL RIDGE 1,200,000 $ ---- 1---EWA GEN CORTEBELLA 725,000 $ ---- 2----
Single Family Homes Sold - March 2023 vs 2022 (Residential resales data, based on region and neighborhood groupings as listed in MLS)
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Note: YTD sold counts reflect combined monthly "snapshots" of the reported MLS data from Jan. 1 to the end of the currently reported month.
March March March March YTD YTD YTD YTD 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/- 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/EWA GEN CYPRESS POINT 1,835,000 $ 1 1,835,000 $ 1 EWA GEN HALEAKEA 1,461,000 $ ---- 1---- 1,350,000 $ 1,400,000 $ -3.6%(50,000) $ 2 3-33.3%-1 EWA GEN KEALII 1,550,000 $ ---- 1---EWA GEN KULA LEI 880,000 $ ---- 1---- 865,000 $ 936,250 $ -7.6%(71,250) $ 1 4-75.0%-3 EWA GEN LAS BRISAS 820,000 $ ---- 2---- 685,000 $ 760,000 $ -9.9%(75,000) $ 1 7-85.7%-6 EWA GEN LATITUDES 1,089,000 $ 975,000 $ 11.7%114,000 $ 1 3-66.7%-2 EWA GEN LAULANI 810,000 $ 839,500 $ -3.5%(29,500) $ 1 2-50.0%-1 EWA GEN LAULANI-TIDES 825,000 $ 1 800,000 $ 845,000 $ -5.3%(45,000) $ 3 30.0%0 EWA GEN LOMBARD WAY 660,000 $ 685,000 $ -3.6%(25,000) $ 1 10.0%0 665,000 $ 685,000 $ -2.9%(20,000) $ 3 1200.0%2 EWA GEN MERIDIAN 860,000 $ 1---EWA GEN MONTECITO/TUSCANY 800,000 $ 3---EWA GEN NORTHPARK 899,000 $ 1 869,500 $ 2 EWA GEN PARKSIDE 925,000 $ 2---- 875,000 $ 915,000 $ -4.4%(40,000) $ 1 3-66.7%-2 EWA GEN PRESCOTT 999,000 $ 1,199,000 $ -16.7%(200,000) $ 1 10.0%0 954,500 $ 1,001,000 $ -4.6%(46,500) $ 2 5-60.0%-3 EWA GEN SANDALWOOD 1,068,000 $ 1 EWA GEN SODA CREEK 712,500 $ 770,000 $ -7.5%(57,500) $ 2 1100.0%1 EWA GEN SONOMA 960,000 $ 1 960,000 $ 1,135,500 $ -15.5%(175,500) $ 1 10.0%0 EWA GEN SUMMERHILL 820,000 $ 1 820,000 $ 900,000 $ -8.9%(80,000) $ 1 10.0%0 EWA GEN SUN TERRA 930,000 $ 2---- 905,000 $ 3---EWA GEN SUN TERRA ON THE PARK 950,000 $ 1---- 937,500 $ 2---EWA GEN SUN TERRA SOUTH 810,000 $ 833,500 $ -2.8%(23,500) $ 1 5-80.0%-4 EWA GEN TERRAZZA 781,000 $ 810,000 $ -3.6%(29,000) $ 1 3-66.7%-2 EWA GEN TIBURON 865,000 $ 3---- 839,000 $ 5---EWA GEN TROVARE 965,000 $ 910,000 $ 6.0%55,000 $ 1 10.0%0 965,000 $ 910,000 $ 6.0%55,000 $ 1 10.0%0 EWA GEN TUSCANY II 820,000 $ 1 830,000 $ 2 EWA GEN WOODBRIDGE 1,430,000 $ 1 1,430,000 $ 1,335,000 $ 7.1%95,000 $ 1 3-66.7%-2 EWA GEN-SEABRIDGE 855,000 $ 855,000 $ 0.0%-$ 1 10.0%0 840,000 $ 855,000 $ -1.8%(15,000) $ 3 30.0%0 EWA VILLAGES 687,500 $ 865,000 $ -20.5%(177,500) $ 2 3-33.3%-1 775,000 $ 786,000 $ -1.4%(11,000) $ 7 10-30.0%-3 EWA VILLAGES-HOONANI 867,000 $ ---- 1---HAWAIIAN HOMES LAND 750,000 $ 570,000 $ 31.6%180,000 $ 1 10.0%0 750,000 $ 625,000 $ 20.0%125,000 $ 1 2-50.0%-1 HOAKALEI-KA MAKANA 1,670,000 $ 1,085,000 $ 53.9%585,000 $ 1 6-83.3%-5 1,363,000 $ 1,120,000 $ 21.7%243,000 $ 3 17-82.4%-14 HOAKALEI-KIPUKA 1,035,000 $ 1,550,000 $ -33.2%(515,000) $ 2 1100.0%1 1,087,500 $ 1,425,000 $ -23.7%(337,500) $ 4 333.3%1 HOAKALEI-KUAPAPA 1,262,500 $ 1,250,000 $ 1.0%12,500 $ 4 1300.0%3 1,200,000 $ 1,250,000 $ -4.0%(50,000) $ 8 560.0%3 HOOPILI-AULU 1,200,000 $ 1---- 1,201,000 $ 2---HOOPILI-HAAKEA 1,200,000 $ 1 1,200,000 $ 1 HOOPILI-ILIAHI 910,000 $ 1,100,000 $ -17.3%(190,000) $ 1 10.0%0 910,000 $ 878,000 $ 3.6%32,000 $ 1 3-66.7%-2 HOOPILI-MAMAKA 799,000 $ 1 HUELANI 790,000 $ 850,000 $ -7.1%(60,000) $ 1 10.0%0 790,000 $ 850,000 $ -7.1%(60,000) $ 1 10.0%0 KAPOLEI 945,000 $ 840,000 $ 12.5%105,000 $ 1 2-50.0%-1 900,000 $ 850,000 $ 5.9%50,000 $ 5 50.0%0 KAPOLEI KNOLLS 1,300,000 $ 1---- 1,150,000 $ 1,090,000 $ 5.5%60,000 $ 1 6-83.3%-5 KAPOLEI-AELOA 1,050,000 $ 1 1,024,500 $ 851,000 $ 20.4%173,500 $ 2 1100.0%1 KAPOLEI-IWALANI 810,000 $ 1,031,000 $ -21.4%(221,000) $ 1 3-66.7%-2 KAPOLEI-KAI 860,000 $ 1---KAPOLEI-KAWENA AT MEHANA 920,000 $ 1---KAPOLEI-KEKUILANI 850,000 $ 905,000 $ -6.1%(55,000) $ 1 10.0%0 850,000 $ 775,000 $ 9.7%75,000 $ 1 3-66.7%-2 KAPOLEI-MALANAI 1,250,000 $ 1---- 890,000 $ 1,250,000 $ -28.8%(360,000) $ 1 10.0%0 KAPOLEI-MEHANA-KUKUNA 900,000 $ 880,000 $ 2.3%20,000 $ 1 10.0%0
Single Family Homes Sold - March 2023 vs 2022 (Residential resales data, based on region and neighborhood groupings as listed in MLS)
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Note:
March March March March YTD YTD YTD YTD 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/- 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/KAPOLEI-MEHANA-LA HIKI 940,000 $ ---- 1---- 945,000 $ ---- 2---KAPOLEI-MEHANA-OLINO 925,000 $ 1 987,000 $ 2 KO OLINA 2,450,000 $ 2,170,000 $ 12.9%280,000 $ 1 10.0%0 2,450,000 $ 2,170,000 $ 12.9%280,000 $ 1 10.0%0 LEEWARD ESTATES 870,000 $ 870,000 $ 0.0%-$ 1 3-66.7%-2 870,000 $ 890,000 $ -2.2%(20,000) $ 1 5-80.0%-4 NANAKAI GARDENS 1,055,000 $ ---- 2---- 750,000 $ 880,000 $ -14.8%(130,000) $ 1 3-66.7%-2 OCEAN POINTE 1,030,950 $ 1,017,500 $ 1.3%13,450 $ 6 60.0%0 953,450 $ 946,500 $ 0.7%6,950 $ 8 22-63.6%-14 WESTLOCH ESTATES 770,000 $ 925,000 $ -16.8%(155,000) $ 1 10.0%0 810,000 $ 925,000 $ -12.4%(115,000) $ 2 3-33.3%-1 WESTLOCH FAIRWAY 900,000 $ 938,800 $ -4.1%(38,800) $ 3 30.0%0 892,500 $ 890,000 $ 0.3%2,500 $ 4 5-20.0%-1 Ewa Plain Region 945,950 $ 935,000 $ 1.2%10,950 $ 44 59-25.4%-15 899,500 $ 920,000 $ -2.2%(20,500) $ 100 191-47.6%-91 Hawaii Kai Region ANCHORAGE 3,250,000 $ ------3------ 3,250,000 $ 1,875,000 $ 73.3%1,375,000 $ 3 1200.0%2 HAHAIONE-LOWER 1,150,000 $ 1,160,000 $ -0.9%(10,000) $ 1 10.0%0 KALAMA VALLEY 1,450,000 $ 1,575,000 $ -7.9%(125,000) $ 3 250.0%1 1,405,000 $ 1,515,000 $ -7.3%(110,000) $ 6 60.0%0 KAMEHAME RIDGE 1,390,000 $ ---- 1---- 1,390,000 $ ---- 1---KAMILO NUI 2,350,000 $ 1 2,350,000 $ 1 KAMILOIKI 1,200,000 $ 1 1,200,000 $ 3 KOKO HEAD TERRACE 1,275,000 $ 1,150,000 $ 10.9%125,000 $ 3 1200.0%2 1,275,000 $ 1,280,000 $ -0.4%(5,000) $ 5 9-44.4%-4 KOKO KAI 3,302,000 $ ---- 1---- 3,342,500 $ ---- 3---KOKO VILLAS 2,290,000 $ ---- 1- 2,044,000 $ 2,420,000 $ -15.5%(376,000) $ 2 20.0%0 LUNA KAI 1,475,000 $ 1---- 1,475,000 $ 1---MARINERS COVE 2,900,000 $ 2---- 1,724,500 $ 1,699,000 $ 1.5%25,500 $ 2 7-71.4%-5 MARINERS RIDGE 1,985,000 $ 2,037,500 $ -2.6%(52,500) $ 12-50.0%-1 1,705,000 $ 1,900,000 $ -10.3%(195,000) $ 2 3-33.3%-1 MARINERS VALLEY 1,050,000 $ 1---- 1,260,000 $ 5---NAPALI HAWEO 1,995,000 $ 1---PORTLOCK 6,500,000 $ 1---- 8,250,000 $ 3,540,000 $ 133.1%4,710,000 $ 1 4-75.0%-3 SPINNAKER ISLE 2,950,000 $ 2---- 2,025,000 $ 1,900,000 $ 6.6%125,000 $ 1 3-66.7%-2 TRIANGLE 2,365,000 $ 2,700,000 $ -12.4%(335,000) $ 1 3-66.7%-2 2,087,500 $ 2,700,000 $ -22.7%(612,500) $ 2 3-33.3%-1 WEST MARINA 1,975,000 $ 1,700,000 $ 16.2%275,000 $ 1 10.0%0 1,975,000 $ 1,500,000 $ 31.7%475,000 $ 1 3-66.7%-2 Hawaii Kai Region 1,775,000 $ 1,900,000 $ -6.6%(125,000) $ 14 19-26.3%-5 1,512,500 $ 1,650,000 $ -8.3%(137,500) $ 30 53-43.4%-23 Kailua Region AIKAHI PARK 1,810,000 $ ---- 1---- 1,850,000 $ 1,810,000 $ 2.2%40,000 $ 2 1100.0%1 BEACHSIDE 10,300,000 $ 3,500,000 $ 194.3%6,800,000 $ 1 3-66.7%-2 CNTRY CLUB KNOLL 2,450,000 $ 1 2,450,000 $ 1 COCONUT GROVE 1,305,000 $ 1,600,000 $ -18.4%(295,000) $ 4 1300.0%3 1,335,000 $ 1,292,500 $ 3.3%42,500 $ 10 12-16.7%-2 ENCHANTED LAKE 1,525,000 $ 1,877,500 $ -18.8%(352,500) $ 4 40.0%0 1,600,000 $ 1,680,000 $ -4.8%(80,000) $ 9 11-18.2%-2 HILLCREST 2,250,000 $ 1 KAILUA BLUFFS 1,612,500 $ 1,410,000 $ 14.4%202,500 $ 2 20.0%0 KAILUA ESTATES 2,200,000 $ ---- 1---KAIMALINO 2,120,000 $ 1 2,120,000 $ 1 KALAHEO HILLSIDE 1,882,500 $ 2---- 1,863,000 $ 3---KALAMA TRACT 2,385,000 $ 1 2,192,500 $ 1,850,000 $ 18.5%342,500 $ 2 3-33.3%-1 KALAMA/CNUT GROV 1,559,000 $ 1 1,559,000 $ 1,375,000 $ 13.4%184,000 $ 1 10.0%0
YTD sold counts reflect combined monthly "snapshots" of the reported MLS data from Jan. 1 to the end of the currently reported month.
Single Family Homes Sold - March 2023 vs 2022 (Residential resales data, based on region and neighborhood groupings as listed in MLS)
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Note: YTD sold counts reflect combined monthly "snapshots" of the reported MLS data from Jan. 1 to the end of the currently reported month.
March March March March YTD YTD YTD YTD 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/- 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/KAOPA 1,399,500 $ ---- 2---- 1,475,000 $ 1,372,000 $ 7.5%103,000 $ 1 4-75.0%-3 KEOLU HILLS 1,610,976 $ 1,294,500 $ 24.4%316,476 $ 2 20.0%0 1,355,000 $ 1,300,000 $ 4.2%55,000 $ 6 10-40.0%-4 KOOLAUPOKO 1,581,500 $ 2 1,999,999 $ 1,910,000 $ 4.7%89,999 $ 3 30.0%0 KUKANONO 1,522,000 $ 1 1,522,000 $ 1 KUULEI TRACT 1,450,000 $ 1,757,500 $ -17.5%(307,500) $ 2 1100.0%1 LANIKAI 3,200,000 $ 4,550,000 $ -29.7%(1,350,000) $ 1 6-83.3%-5 5,500,000 $ 5,000,000 $ 10.0%500,000 $ 3 11-72.7%-8 MAUNAWILI 1,894,000 $ ---- 2---- 1,725,000 $ ---- 4---OLOMANA 1,512,500 $ 1,450,000 $ 4.3%62,500 $ 2 3-33.3%-1 POHAKUPU 1,270,000 $ 1,375,000 $ -7.6%(105,000) $ 1 10.0%0 1,310,000 $ 1,375,000 $ -4.7%(65,000) $ 2 1100.0%1 WAIMANALO 625,000 $ 770,000 $ -18.8%(145,000) $ 5 2150.0%3 Kailua Region 1,522,000 $ 1,863,000 $ -18.3%(341,000) $ 19 21-9.5%-2 1,500,000 $ 1,565,000 $ -4.2%(65,000) $ 55 76-27.6%-21 Kaneohe Region AHAOLELO 1,600,000 $ 1 AHUIMANU AREA 1,227,500 $ 1,106,500 $ 10.9%121,000 $ 2 20.0%0 1,062,500 $ 1,137,500 $ -6.6%(75,000) $ 4 40.0%0 AHUIMANU HILLS 1,650,000 $ 1,181,000 $ 39.7%469,000 $ 1 10.0%0 1,650,000 $ 1,181,000 $ 39.7%469,000 $ 1 10.0%0 ALII BLUFFS 2,000,000 $ ---- 1---ALII SHORES 3,200,000 $ ---- 1---- 3,200,000 $ ---- 1---BAY VIEW ESTATES 1,275,000 $ ---- 1---- 1,051,008 $ 1,275,000 $ -17.6%(223,992) $ 1 10.0%0 CASTLE HILL 1,190,000 $ 1 1,190,000 $ 1 CROWN TERRACE 980,000 $ 1 980,000 $ 1,042,500 $ -6.0%(62,500) $ 1 2-50.0%-1 HAIKU KNOLLS 1,440,000 $ 1- 1,440,000 $ 1---HAIKU PLANTATION 2,150,000 $ 1 2,150,000 $ 1 HAIKU VILLAGE 1,485,000 $ 1---- 1,350,000 $ 1,485,000 $ -9.1%(135,000) $ 2 1100.0%1 HAKIPUU 1,050,000 $ 1---HALE KOU 1,375,000 $ 5---- 1,375,000 $ 5---HALEKAUWILA 782,500 $ 2---- 782,500 $ 2---HALEPUU 1,150,000 $ 1---- 1,150,000 $ 1---HAUULA 1,337,500 $ 1,085,000 $ 23.3%252,500 $ 2 6-66.7%-4 1,080,000 $ 1,102,500 $ -2.0%(22,500) $ 5 8-37.5%-3 HEEIA VIEW 1,375,000 $ 1---KAAAWA 1,350,000 $ 3---- 1,435,000 $ 4---KAHALUU TOWN 1,100,000 $ 1 1,100,000 $ 1 KAMOOALII 900,000 $ 1---KANEOHE TOWN 1,405,000 $ 1,450,000 $ -3.1%(45,000) $ 2 1100.0%1 1,257,500 $ 1,450,000 $ -13.3%(192,500) $ 6 1500.0%5 KAPUNA HALA 1,080,000 $ 1---- 955,000 $ 1,080,000 $ -11.6%(125,000) $ 2 1100.0%1 LILIPUNA 1,100,000 $ 1,350,000 $ -18.5%(250,000) $ 1 10.0%0 1,100,000 $ 1,387,500 $ -20.7%(287,500) $ 3 250.0%1 LULANI OCEAN 1,505,000 $ 1---- 1,532,500 $ 4---MAHALANI 1,100,000 $ 980,000 $ 12.2%120,000 $ 1 10.0%0 MAHINUI 940,000 $ 1,850,000 $ -49.2%(910,000) $ 1 3-66.7%-2 1,445,000 $ 1,675,000 $ -13.7%(230,000) $ 2 6-66.7%-4 MIKIOLA 1,300,000 $ 1---- 1,050,000 $ 1,300,000 $ -19.2%(250,000) $ 1 10.0%0 MOKULELE 1,700,000 $ 1---- 1,700,000 $ 1---NOHANANI TRACT 1,700,000 $ 1---PIKOILOA 1,210,000 $ 1---- 1,322,500 $ 1,210,000 $ 9.3%112,500 $ 2 1100.0%1 PUNALUU 675,000 $ 1 675,000 $ 1,650,000 $ -59.1%(975,000) $ 1 3-66.7%-2 PUOHALA VILLAGE 950,000 $ 1,250,000 $ -24.0%(300,000) $ 1 10.0%0 950,000 $ 1,230,000 $ -22.8%(280,000) $ 1 2-50.0%-1 PUUALII 490,000 $ 1----
Single Family Homes Sold - March 2023 vs 2022 (Residential resales data, based on region and neighborhood groupings as listed in MLS)
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data.
of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Note: YTD sold counts reflect combined monthly "snapshots" of the reported MLS data from Jan. 1 to the end of the currently reported month. March March March March YTD YTD YTD YTD 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/- 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/VALLEY ESTATES 770,000 $ 1 747,500 $ 830,000 $ -9.9%(82,500) $ 2 1100.0%1 WAIHEE 1,125,000 $ ---- 1---WAIKALUA 788,888 $ ---- 1---- 835,000 $ 1,027,500 $ -18.7%(192,500) $ 1 4-75.0%-3 WOODRIDGE 800,000 $ 1 800,000 $ 1 Kaneohe Region 1,100,000 $ 1,287,500 $ -14.6%(187,500) $ 17 36-52.8%-19 1,100,000 $ 1,300,000 $ -15.4%(200,000) $ 41 66-37.9%-25 Leeward Region LUALUALEI 727,000 $ 580,000 $ 25.3%147,000 $ 2 3-33.3%-1 722,500 $ 650,000 $ 11.2%72,500 $ 10 11-9.1%-1 MAILI 650,000 $ 782,500 $ -16.9%(132,500) $ 13 862.5%5 645,000 $ 650,000 $ -0.8%(5,000) $ 30 2142.9%9 MAILI SEA-KAIMALINO 626,000 $ 1 600,500 $ 2 MAILI SEA-MAKALAE 1 812,500 $ 712,500 $ 14.0%100,000 $ 2 20.0%0 812,500 $ 712,500 $ 14.0%100,000 $ 2 8-75.0%-6 MAILI SEA-MAKALAE 2 740,000 $ ---- 3---MAILI SEA-NOHOKAI 779,500 $ ---- 2---- 760,000 $ 801,000 $ -5.1%(41,000) $ 3 5-40.0%-2 MAILI SEA-PALEKAI 800,000 $ ---- 1---- 670,000 $ 780,000 $ -14.1%(110,000) $ 1 2-50.0%-1 MAILI SEA-POOKELA 735,000 $ 1 735,000 $ 812,000 $ -9.5%(77,000) $ 1 10.0%0 MAKAHA 650,000 $ 677,000 $ -4.0%(27,000) $ 3 6-50.0%-3 610,000 $ 710,000 $ -14.1%(100,000) $ 8 15-46.7%-7 NANAKULI 450,000 $ 1---WAIANAE 794,500 $ 4---- 465,000 $ 705,000 $ -34.0%(240,000) $ 2 11-81.8%-9 Leeward Region 656,500 $ 739,000 $ -11.2%(82,500) $ 22 26-15.4%-4 658,000 $ 712,500 $ -7.6%(54,500) $ 59 78-24.4%-19 Makakilo Region CAMPBELL IND PRK 1,267,000 $ 1 1,267,000 $ 1 MAKAKILO-ANUHEA 1,050,000 $ ---- 1---- 980,000 $ 1,007,500 $ -2.7%(27,500) $ 1 4-75.0%-3 MAKAKILO-HIGHLANDS 990,000 $ ---- 2---MAKAKILO-HIGHPOINTE 1,250,000 $ ---- 1---MAKAKILO-KAHIWELO 1,300,000 $ 1,455,000 $ -10.7%(155,000) $ 1 10.0%0 1,190,000 $ 1,350,000 $ -11.9%(160,000) $ 3 5-40.0%-2 MAKAKILO-KUMULANI 1,596,500 $ ---- 2---MAKAKILO-LOWER 975,000 $ 782,500 $ 24.6%192,500 $ 1 2-50.0%-1 850,000 $ 725,000 $ 17.2%125,000 $ 7 475.0%3 MAKAKILO-PALEHUA HGTS 1,085,500 $ 998,000 $ 8.8%87,500 $ 2 1100.0%1 1,085,500 $ 998,000 $ 8.8%87,500 $ 2 3-33.3%-1 MAKAKILO-ROYAL RIDGE 1,160,000 $ 1 1,160,000 $ 992,500 $ 16.9%167,500 $ 1 2-50.0%-1 MAKAKILO-STARSEDGE 1,188,688 $ 2---MAKAKILO-UPPER 889,000 $ 859,000 $ 3.5%30,000 $ 1 5-80.0%-4 830,000 $ 900,000 $ -7.8%(70,000) $ 4 11-63.6%-7 MAKAKILO-WAI KALOI 1,420,000 $ 1---- 1,420,000 $ 1---MAKAKILO-WEST HILLS 1,100,000 $ 1 1,100,000 $ 1 Makakilo Region 1,100,000 $ 990,000 $ 11.1%110,000 $ 8 11-27.3%-3 983,500 $ 998,000 $ -1.5%(14,500) $ 20 37-45.9%-17 Metro Region ALEWA HEIGHTS 1,246,000 $ ---- 4---ALIAMANU 1,202,500 $ 2 1,202,500 $ 1,055,849 $ 13.9%146,651 $ 2 4-50.0%-2 DOWSETT 1,310,000 $ 1,632,500 $ -19.8%(322,500) $ 1 2-50.0%-1 1,148,000 $ 1,710,000 $ -32.9%(562,000) $ 3 4-25.0%-1 KALIHI UKA 760,000 $ ---- 1---KALIHI VALLEY 940,000 $ 985,000 $ -4.6%(45,000) $ 1 10.0%0 825,000 $ 1,650,000 $ -50.0%(825,000) $ 4 333.3%1 KALIHI-LOWER 1,075,000 $ 945,000 $ 13.8%130,000 $ 1 3-66.7%-2 1,040,000 $ 910,000 $ 14.3%130,000 $ 4 6-33.3%-2
©2023. Honolulu
Board
Single Family Homes Sold - March 2023 vs 2022 (Residential resales data, based on region and neighborhood groupings as listed in MLS)
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Note: YTD sold counts reflect combined monthly "snapshots" of the reported MLS data from Jan. 1 to the end of the currently reported month.
March March March March YTD YTD YTD YTD 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/- 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/KALIHI-UPPER 1,068,000 $ 2 948,000 $ 799,000 $ 18.6%149,000 $ 5 425.0%1 KAMEHAMEHA HEIGHTS 850,000 $ 1,100,000 $ -22.7%(250,000) $ 1 3-66.7%-2 750,000 $ 1,199,500 $ -37.5%(449,500) $ 3 8-62.5%-5 KAPALAMA 915,000 $ 987,500 $ -7.3%(72,500) $ 3 4-25.0%-1 840,000 $ 1,090,000 $ -22.9%(250,000) $ 7 616.7%1 KAPIOLANI 1,050,000 $ 1 LILIHA 580,000 $ 849,000 $ -31.7%(269,000) $ 1 10.0%0 580,000 $ 849,500 $ -31.7%(269,500) $ 1 2-50.0%-1 MAKIKI HEIGHTS 1,675,000 $ 7,129,000 $ -76.5%(5,454,000) $ 1 2-50.0%-1 4,987,500 $ 4,000,000 $ 24.7%987,500 $ 2 3-33.3%-1 MANOA AREA 1,510,700 $ 1,949,000 $ -22.5%(438,300) $ 10 3233.3%7 1,500,000 $ 1,717,000 $ -12.6%(217,000) $ 13 6116.7%7 MANOA-LOWER 1,380,000 $ 1- 1,130,000 $ 1,500,000 $ -24.7%(370,000) $ 1 3-66.7%-2 MANOA-UPPER 1,495,000 $ 1,550,000 $ -3.5%(55,000) $ 1 3-66.7%-2 1,495,000 $ 1,537,500 $ -2.8%(42,500) $ 1 6-83.3%-5 MANOA-WOODLAWN 1,500,000 $ 1 1,625,000 $ 1,865,000 $ -12.9%(240,000) $ 4 333.3%1 MOANALUA GARDENS 1,300,000 $ 1,675,000 $ -22.4%(375,000) $ 3 1200.0%2 1,300,000 $ 1,525,000 $ -14.8%(225,000) $ 3 30.0%0 MOANALUA VALLEY 1,517,000 $ 1---- 953,888 $ 1,517,000 $ -37.1%(563,112) $ 1 10.0%0 MOILIILI 1,300,000 $ 1---- 1,280,000 $ 2---NUUANU AREA 925,000 $ 1---- 1,180,000 $ 1,250,000 $ -5.6%(70,000) $ 1 3-66.7%-2 NUUANU-LOWER 1,300,000 $ 1---- 1,300,000 $ 4---OLD PALI 1,650,000 $ 1,400,000 $ 17.9%250,000 $ 1 10.0%0 1,650,000 $ 1,754,317 $ -5.9%(104,317) $ 1 2-50.0%-1 PACIFIC HEIGHTS 905,000 $ 2 PAUOA VALLEY 1,240,000 $ 1,195,000 $ 3.8%45,000 $ 1 5-80.0%-4 PAWAA 1,205,000 $ 1---PUNAHOU 1,110,000 $ 1---PUNCHBOWL AREA 750,000 $ 888,000 $ -15.5%(138,000) $ 1 10.0%0 PUNCHBOWL-LOWER 1,225,000 $ 1---- 1,225,000 $ 1---PUUNUI 850,000 $ 1 1,069,000 $ 1,200,000 $ -10.9%(131,000) $ 2 3-33.3%-1 SALT LAKE 1,375,000 $ 3---- 1,375,000 $ 3TANTALUS 1,594,000 $ 2---- 1,908,000 $ 3---UNIVERSITY 989,000 $ 1 989,000 $ 1 WAIKIKI 1,500,000 $ 1---- 1,500,000 $ 1---Metro Region 1,300,000 $ 1,377,500 $ -5.6%(77,500) $ 31 36-13.9%-5 1,120,000 $ 1,299,000 $ -13.8%(179,000) $ 64 97-34.0%-33 North Shore Region HALEIWA 1,198,000 $ 2,320,000 $ -48.4%(1,122,000) $ 1 10.0%0 1,624,000 $ 1,760,000 $ -7.7%(136,000) $ 2 20.0%0 KAHUKU 754,000 $ ---- 1---KAWAILOA-NORTH SHORE 5,000,000 $ 2,300,000 $ 117.4%2,700,000 $ 1 10.0%0 KAWELA BAY 3,700,000 $ ---- 1---- 4,500,000 $ ---- 2---LAIE 1,087,500 $ 2,650,000 $ -59.0%(1,562,500) $ 2 3-33.3%-1 MALAEKAHANA 4,400,000 $ ---- 1---- 4,400,000 $ ---- 1---MOKULEIA 1,900,000 $ 3,525,000 $ -46.1%(1,625,000) $ 1 2-50.0%-1 1,900,000 $ 2,955,500 $ -35.7%(1,055,500) $ 3 4-25.0%-1 PAALAAKAI 959,000 $ 2 PUPUKEA 1,790,000 $ 1---SUNSET AREA 2,475,000 $ 2---SUNSET/VELZY 1,640,500 $ 1,750,000 $ -6.3%(109,500) $ 2 1100.0%1 WAIALUA 1,035,000 $ 935,000 $ 10.7%100,000 $ 2 5-60.0%-3 880,000 $ 1,220,000 $ -27.9%(340,000) $ 5 9-44.4%-4 North Shore Region 1,194,000 $ 1,822,500 $ -34.5%(628,500) $ 4 10-60.0%-6 1,198,000 $ 1,700,000 $ -29.5%(502,000) $ 17 27-37.0%-10
Single Family Homes Sold - March 2023 vs 2022 (Residential resales data, based on region and neighborhood groupings as listed in MLS)
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Note: YTD sold counts reflect combined monthly "snapshots" of the reported MLS data from Jan. 1 to the end of the currently reported month. March March March March YTD YTD YTD YTD 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/- 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/Pearl City Region AIEA AREA 720,000 $ 1,080,000 $ -33.3%(360,000) $ 1 10.0%0 850,000 $ 1,080,000 $ -21.3%(230,000) $ 3 1200.0%2 AIEA HEIGHTS 1,092,500 $ 1,147,500 $ -4.8%(55,000) $ 2 4-50.0%-2 1,185,000 $ 1,191,944 $ -0.6%(6,944) $ 3 8-62.5%-5 FOSTER VILLAGE 850,000 $ 1,500,000 $ -43.3%(650,000) $ 1 10.0%0 850,000 $ 1,244,444 $ -31.7%(394,444) $ 1 2-50.0%-1 HALAWA 956,500 $ 1,048,550 $ -8.8%(92,050) $ 2 20.0%0 975,000 $ 1,050,000 $ -7.1%(75,000) $ 5 425.0%1 HALAWA HEIGHTS 1,500,000 $ ---- 1---MOMILANI 910,000 $ 990,000 $ -8.1%(80,000) $ 1 3-66.7%-2 NEWTOWN 1,275,000 $ 1,130,000 $ 12.8%145,000 $ 3 250.0%1 1,069,500 $ 1,224,000 $ -12.6%(154,500) $ 6 450.0%2 PACIFIC PALISADES 1,050,000 $ 958,000 $ 9.6%92,000 $ 3 5-40.0%-2 895,000 $ 960,000 $ -6.8%(65,000) $ 9 11-18.2%-2 PEARL CITY-UPPER 980,000 $ 1,036,500 $ -5.5%(56,500) $ 5 8-37.5%-3 877,500 $ 1,021,500 $ -14.1%(144,000) $ 16 1233.3%4 PEARLRIDGE 1,410,000 $ 1 ROYAL SUMMIT 1,800,000 $ 1---WAIAU 885,000 $ 995,000 $ -11.1%(110,000) $ 1 2-50.0%-1 WAILUNA 1,265,000 $ 1---WAIMALU 885,000 $ 1 850,000 $ 1,040,000 $ -18.3%(190,000) $ 3 6-50.0%-3 Pearl City Region 990,000 $ 1,023,000 $ -3.2%(33,000) $ 18 23-21.7%-5 910,000 $ 1,054,000 $ -13.7%(144,000) $ 49 56-12.5%-7 Waipahu Region BUSINESS 750,000 $ ---- 1---CRESTVIEW 850,000 $ 780,000 $ 9.0%70,000 $ 1 10.0%0 HALE LUMI 918,000 $ ---- 1---- 949,000 $ 918,000 $ 3.4%31,000 $ 1 10.0%0 HARBOR VIEW 940,000 $ 1 1,020,000 $ 944,000 $ 8.1%76,000 $ 2 20.0%0 RENAISSANCE 1,000,000 $ 1 1,000,000 $ 1 ROBINSON HEIGHTS 680,000 $ 920,000 $ -26.1%(240,000) $ 1 3-66.7%-2 ROYAL KUNIA 990,000 $ 1,095,500 $ -9.6%(105,500) $ 4 2100.0%2 1,058,000 $ 995,000 $ 6.3%63,000 $ 7 616.7%1 SEAVIEW 885,000 $ 1 VILLAGE PARK 890,000 $ 920,000 $ -3.3%(30,000) $ 3 30.0%0 882,500 $ 900,000 $ -1.9%(17,500) $ 6 11-45.5%-5 WAIKELE 942,500 $ 1,165,000 $ -19.1%(222,500) $ 2 20.0%0 983,750 $ 950,000 $ 3.6%33,750 $ 4 5-20.0%-1 WAIPAHU ESTATES 960,000 $ 1---- 910,000 $ 1,030,000 $ -11.7%(120,000) $ 1 4-75.0%-3 WAIPAHU GARDENS 888,000 $ 1 WAIPAHU TRIANGLE 840,000 $ 950,000 $ -11.6%(110,000) $ 1 10.0%0 840,000 $ 912,500 $ -7.9%(72,500) $ 1 2-50.0%-1 WAIPAHU-LOWER 1,000,000 $ 957,500 $ 4.4%42,500 $ 3 6-50.0%-3 903,000 $ 900,000 $ 0.3%3,000 $ 5 13-61.5%-8 WAIPIO GENTRY 1,030,000 $ 870,000 $ 18.4%160,000 $ 1 10.0%0 982,500 $ 980,000 $ 0.3%2,500 $ 2 5-60.0%-3 Waipahu Region 935,000 $ 950,000 $ -1.6%(15,000) $ 16 17-5.9%-1 925,000 $ 920,000 $ 0.5%5,000 $ 34 54-37.0%-20
Condos Sold - March 2023 vs 2022 (Residential resales data, based on region and neighborhood groupings as listed in MLS)
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of
All Rights Reserved. Information herein deemed reliable but not guaranteed.
Note: YTD sold counts reflect combined monthly "snapshots" of the reported MLS data from Jan. 1 to the end of the currently reported month. March March March March YTD YTD YTD YTD 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/- 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/Central Region LAUNANI VALLEY 510,000 $ 515,000 $ -1.0%(5,000) $ 4 7-42.9%-3 530,000 $ 515,000 $ 2.9%15,000 $ 6 24-75.0%-18 MILILANI AREA 621,000 $ 690,000 $ -10.0%(69,000) $ 5 10-50.0%-5 540,000 $ 645,000 $ -16.3%(105,000) $ 19 39-51.3%-20 MILILANI MAUKA 445,000 $ 545,500 $ -18.4%(100,500) $ 5 12-58.3%-7 450,000 $ 550,000 $ -18.2%(100,000) $ 11 23-52.2%-12 WAHIAWA HEIGHTS 415,000 $ 1 258,133 $ 130,000 $ 98.6%128,133 $ 2 5-60.0%-3 WAIPIO ACRES/WAIKALANI WOODLANDS 522,500 $ 405,000 $ 29.0%117,500 $ 8 80.0%0 435,000 $ 395,000 $ 10.1%40,000 $ 25 27-7.4%-2 WILIKINA 330,000 $ 260,000 $ 26.9%70,000 $ 1 2-50.0%-1 291,000 $ 260,000 $ 11.9%31,000 $ 2 20.0%0 Central Region 494,500 $ 490,000 $ 0.9%4,500 $ 24 39-38.5%-15 465,000 $ 500,000 $ -7.0%(35,000) $ 65 120-45.8%-55 Diamond Head Region DIAMOND HEAD 1,250,000 $ 600,000 $ 108.3%650,000 $ 3 11-72.7%-8 1,250,000 $ 595,000 $ 110.1%655,000 $ 11 32-65.6%-21 KAIMUKI 425,000 $ 385,000 $ 10.4%40,000 $ 1 10.0%0 KALANI IKI 1,100,000 $ 1 1,100,000 $ 1,397,500 $ -21.3%(297,500) $ 1 2-50.0%-1 KAPAHULU 275,000 $ ---- 1---- 315,000 $ ---- 2---PALOLO 301,000 $ 1 ST. LOUIS 637,000 $ 650,000 $ -2.0%(13,000) $ 1 10.0%0 637,000 $ 650,000 $ -2.0%(13,000) $ 1 10.0%0 WAIALAE G/C 362,500 $ 199,999 $ 81.3%162,501 $ 2 1100.0%1 362,500 $ 199,999 $ 81.3%162,501 $ 4 333.3%1 WAIALAE NUI VLY 680,000 $ 667,500 $ 1.9%12,500 $ 1 4-75.0%-3 675,000 $ 667,500 $ 1.1%7,500 $ 2 10-80.0%-8 Diamond Head Region 658,500 $ 627,500 $ 4.9%31,000 $ 8 18-55.6%-10 637,000 $ 618,000 $ 3.1%19,000 $ 21 51-58.8%-30 Ewa Plain Region AG/INDL/NAVY 334,500 $ ---- 2---EWA 655,000 $ 500,000 $ 31.0%155,000 $ 3 5-40.0%-2 485,000 $ 485,000 $ 0.0%$ 11 19-42.1%-8 EWA BEACH 418,000 $ ---- 1---- 360,000 $ ---- 4---EWA GEN 556,000 $ 460,000 $ 20.9%96,000 $ 2 3-33.3%-1 570,000 $ 590,000 $ -3.4%(20,000) $ 3 6-50.0%-3 EWA GEN LOMBARD WAY 680,000 $ ---- 1---- 680,000 $ ---- 1---EWA GEN PARKSIDE 865,000 $ 1 EWA GEN SODA CREEK 518,500 $ 500,000 $ 3.7%18,500 $ 2 20.0%0 485,000 $ 505,000 $ -4.0%(20,000) $ 12 850.0%4 EWA GEN SUN TERRA ON THE PARK 492,500 $ 485,000 $ 1.5%7,500 $ 4 1300.0%3 500,000 $ 485,000 $ 3.1%15,000 $ 5 1400.0%4 EWA GEN-SEABRIDGE 851,500 $ 1---HOAKALEI-KA MAKANA 765,000 $ 808,000 $ -5.3%(43,000) $ 1 10.0%0 775,000 $ 772,500 $ 0.3%2,500 $ 2 4-50.0%-2 HOAKALEI-LEI PAUKU 820,000 $ 835,000 $ -1.8%(15,000) $ 1 10.0%0 810,000 $ 895,000 $ -9.5%(85,000) $ 2 20.0%0 HOOPILI-AKOKO 752,000 $ 569,762 $ 32.0%182,239 $ 1 2-50.0%-1 752,000 $ 720,000 $ 4.4%32,000 $ 1 5-80.0%-4 HOOPILI-ILIAHI 625,000 $ 810,000 $ -22.8%(185,000) $ 1 2-50.0%-1 435,000 $ 810,000 $ -46.3%(375,000) $ 3 250.0%1 HOOPILI-ILIMA 800,000 $ 1---- 800,000 $ 1---HOOPILI-KOHINA 814,000 $ 735,000 $ 10.7%79,000 $ 2 1100.0%1 699,500 $ 627,500 $ 11.5%72,000 $ 6 2200.0%4 KAPOLEI 468,500 $ 554,500 $ -15.5%(86,000) $ 4 12-66.7%-8 462,500 $ 545,000 $ -15.1%(82,500) $ 10 23-56.5%-13 KAPOLEI-KAHIKU AT MEHANA 705,000 $ 820,000 $ -14.0%(115,000) $ 3 4-25.0%-1 KAPOLEI-MALANAI 385,000 $ 485,000 $ -20.6%(100,000) $ 1 3-66.7%-2 430,500 $ 485,000 $ -11.2%(54,500) $ 2 3-33.3%-1 KAPOLEI-MEHANA-AWAKEA 780,000 $ 1---- 780,000 $ 1---KAPOLEI-MEHANA-MANAWA 600,000 $ 600,000 $ 0.0% - $ 1 10.0%0 600,000 $ 709,500 $ -15.4%(109,500) $ 1 2-50.0%-1 KAPOLEI-MEHANA-NANALA 745,500 $ 2---KAPOLEI-MEHANA-OLINO 700,000 $ 550,000 $ 27.3%150,000 $ 1 10.0%0 730,000 $ 769,000 $ -5.1%(39,000) $ 2 3-33.3%-1 KAPOLEI-MEHANA-PULEWA 718,750 $ 2---- 614,000 $ 710,000 $ -13.5%(96,000) $ 1 4-75.0%-3 KAPOLEI-POHAKALA AT MEHANA 680,000 $ 630,000 $ 7.9%50,000 $ 1 10.0%0 727,500 $ 644,500 $ 12.9%83,000 $ 2 20.0%0
REALTORS®.
Condos Sold - March 2023 vs 2022 (Residential resales data, based on region and neighborhood groupings as listed in MLS)
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Note: YTD sold counts reflect combined monthly "snapshots" of the reported MLS data from Jan. 1 to the end of the currently reported month. March March March March YTD YTD YTD YTD 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/- 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/KO OLINA 1,069,000 $ 945,000 $ 13.1%124,000 $ 5 9-44.4%-4 1,075,000 $ 986,500 $ 9.0%88,500 $ 9 28-67.9%-19 OCEAN POINTE 695,000 $ 760,000 $ -8.6%(65,000) $ 6 12-50.0%-6 700,000 $ 720,500 $ -2.8%(20,500) $ 11 26-57.7%-15 WESTLOCH FAIRWAY 549,000 $ ---- 4---- 548,000 $ ---- 5---Ewa Plain Region 652,500 $ 675,000 $ -3.3%(22,500) $ 36 67-46.3%-31 600,000 $ 680,000 $ -11.8%(80,000) $ 87 161-46.0%-74 Hawaii Kai Region HAHAIONE-LOWER 642,000 $ 655,000 $ -2.0%(13,000) $ 4 5-20.0%-1 650,000 $ 652,500 $ -0.4%(2,500) $ 11 16-31.3%-5 KALAMA VALLEY 930,000 $ ---- 1---- 930,000 $ ---- 1---MARINERS VALLEY 800,000 $ ---- 5---NAPUA POINT 1,699,000 $ ---- 1---- 1,699,000 $ ---- 1---WEST MARINA 862,500 $ 999,000 $ -13.7%(136,500) $ 20 1266.7%8 900,000 $ 945,000 $ -4.8%(45,000) $ 29 283.6%1 Hawaii Kai Region 845,000 $ 915,000 $ -7.7%(70,000) $ 24 1926.3%5 792,000 $ 842,500 $ -6.0%(50,500) $ 40 51-21.6%-11 Kailua Region AIKAHI PARK 782,000 $ 1 728,500 $ 730,000 $ -0.2%(1,500) $ 4 1300.0%3 BLUESTONE 1,330,000 $ ---- 3---- 1,310,000 $ 1,450,000 $ -9.7%(140,000) $ 1 7-85.7%-6 COCONUT GROVE 440,000 $ 1 440,000 $ 1 KAILUA BLUFFS 1,145,000 $ ---- 1---KAILUA TOWN 630,000 $ 715,000 $ -11.9%(85,000) $ 7 8-12.5%-1 705,000 $ 695,000 $ 1.4%10,000 $ 19 185.6%1 KUKILAKILA 1,280,000 $ 1 1,135,000 $ 2 LANIKAI 1,200,000 $ 1 1,200,000 $ 1 Kailua Region 675,000 $ 775,000 $ -12.9%(100,000) $ 11 110.0%0 735,000 $ 750,000 $ -2.0%(15,000) $ 28 273.7%1 Kaneohe Region COUNTRY CLUB 897,500 $ ---- 4---- 860,000 $ 887,500 $ -3.1%(27,500) $ 3 8-62.5%-5 HAIKU PLANTATION 802,000 $ ---- 1---- 600,000 $ 802,000 $ -25.2%(202,000) $ 1 3-66.7%-2 HAIKU VILLAGE 775,000 $ 1 702,500 $ 2 HALE KOU 420,000 $ ---- 2---- 415,000 $ ---- 3---KAAAWA 465,000 $ ---- 3---- 465,000 $ ---- 3---KEAPUKA 900,000 $ ---- 1---- 900,000 $ ---- 1---LILIPUNA 755,500 $ 775,000 $ -2.5%(19,500) $ 2 3-33.3%-1 810,000 $ 765,000 $ 5.9%45,000 $ 4 6-33.3%-2 MAHALANI 867,500 $ ---- 2---MAHINUI 482,500 $ ---- 2---- 482,500 $ 2---PUNALUU 85,000 $ 1 280,000 $ 220,000 $ 27.3%60,000 $ 2 4-50.0%-2 PUUALII 717,000 $ 622,000 $ 15.3%95,000 $ 2 4-50.0%-2 717,000 $ 622,000 $ 15.3%95,000 $ 2 8-75.0%-6 TEMPLE VALLEY 580,000 $ 747,500 $ -22.4%(167,500) $ 1 4-75.0%-3 580,000 $ 695,000 $ -16.5%(115,000) $ 3 9-66.7%-6 WINDWARD ESTATES 495,000 $ 485,000 $ 2.1%10,000 $ 8 560.0%3 530,000 $ 475,000 $ 11.6%55,000 $ 17 1241.7%5 Kaneohe Region 580,000 $ 555,000 $ 4.5%25,000 $ 15 29-48.3%-14 635,000 $ 592,500 $ 7.2%42,500 $ 34 61-44.3%-27 Leeward Region MAILI 260,500 $ 325,500 $ -20.0%(65,000) $ 2 6-66.7%-4 195,000 $ 230,000 $ -15.2%(35,000) $ 9 13-30.8%-4 MAKAHA 339,950 $ 249,000 $ 36.5%90,950 $ 4 23-82.6%-19 289,000 $ 237,500 $ 21.7%51,500 $ 13 44-70.5%-31
Condos Sold - March 2023 vs 2022 (Residential resales data, based on region and neighborhood groupings as listed in MLS)
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Note: YTD sold counts reflect combined monthly "snapshots" of the reported MLS data from Jan. 1 to the end of the currently reported month. March March March March YTD YTD YTD YTD 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/- 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/MAKAHA OCEANVIEW ESTATES 302,500 $ ---- 2---WAIANAE 222,500 $ 165,000 $ 34.8%57,500 $ 8 80.0%0 230,000 $ 165,000 $ 39.4%65,000 $ 11 922.2%2 Leeward Region 249,500 $ 225,000 $ 10.9%24,500 $ 14 37-62.2%-23 245,000 $ 227,500 $ 7.7%17,500 $ 33 68-51.5%-35 Makakilo Region MAKAKILO-UPPER 530,000 $ 551,000 $ -3.8%(21,000) $ 17 18-5.6%-1 547,500 $ 550,000 $ -0.5%(2,500) $ 32 45-28.9%-13 Makakilo Region 530,000 $ 551,000 $ -3.8%(21,000) $ 17 18-5.6%-1 547,500 $ 550,000 $ -0.5%(2,500) $ 32 45-28.9%-13 Metro Region ALA MOANA 687,500 $ 685,000 $ 0.4% 2,500 $ 20 22-9.1%-2 485,000 $ 680,000 $ -28.7%(195,000) $ 50 57-12.3%-7 ALIAMANU 330,000 $ 1 330,000 $ 1 CHINATOWN 542,500 $ 595,000 $ -8.8%(52,500) $ 6 2200.0%4 550,000 $ 565,000 $ -2.7%(15,000) $ 9 13-30.8%-4 DILLINGHAM 415,000 $ 470,000 $ -11.7%(55,000) $ 1 10.0%0 415,000 $ 467,500 $ -11.2%(52,500) $ 1 2-50.0%-1 DOWNTOWN 307,500 $ 399,500 $ -23.0%(92,000) $ 6 60.0%0 350,000 $ 404,500 $ -13.5%(54,500) $ 21 28-25.0%-7 HOLIDAY MART 382,450 $ 609,000 $ -37.2%(226,550) $ 6 12-50.0%-6 387,500 $ 425,000 $ -8.8%(37,500) $ 12 33-63.6%-21 KAKAAKO 894,000 $ 850,000 $ 5.2%44,000 $ 42 56-25.0%-14 826,400 $ 872,500 $ -5.3%(46,100) $ 100 138-27.5%-38 KALIHI AREA 337,000 $ 345,000 $ -2.3%(8,000) $ 3 1 200.0%2 359,000 $ 360,000 $ -0.3%(1,000) $ 5 425.0%1 KALIHI-LOWER 345,000 $ 1 335,000 $ 293,000 $ 14.3%42,000 $ 2 5-60.0%-3 KAMEHAMEHA HEIGHTS 390,000 $ 1---- 390,000 $ 1---KAPAHULU 420,000 $ 455,000 $ -7.7%(35,000) $ 5 425.0%1 427,500 $ 415,000 $ 3.0%12,500 $ 8 11-27.3%-3 KAPALAMA 312,000 $ 352,500 $ -11.5%(40,500) $ 1 2-50.0%-1 311,000 $ 352,500 $ -11.8%(41,500) $ 2 20.0%0 KAPIO/KINAU/WARD 265,000 $ 300,000 $ -11.7%(35,000) $ 1 10.0%0 287,500 $ 339,500 $ -15.3%(52,000) $ 2 7-71.4%-5 KAPIOLANI 637,500 $ 463,500 $ 37.5%174,000 $ 7 12-41.7%-5 599,000 $ 499,500 $ 19.9%99,500 $ 13 28-53.6%-15 KUAKINI 445,000 $ 467,000 $ -4.7%(22,000) $ 1 10.0%0 467,500 $ 467,000 $ 0.1%500 $ 2 1100.0%1 LILIHA 255,000 $ 322,500 $ -20.9%(67,500) $ 3 250.0%1 255,000 $ 322,500 $ -20.9%(67,500) $ 3 250.0%1 MAKIKI 870,000 $ 370,000 $ 135.1%500,000 $ 4 1300.0%3 400,000 $ 330,000 $ 21.2%70,000 $ 5 7-28.6%-2 MAKIKI AREA 425,000 $ 410,000 $ 3.7%15,000 $ 13 30-56.7%-17 366,950 $ 400,000 $ -8.3%(33,050) $ 36 61-41.0%-25 MANOA-LOWER 356,000 $ 300,000 $ 18.7%56,000 $ 1 3-66.7%-2 356,000 $ 300,000 $ 18.7%56,000 $ 1 3-66.7%-2 MCCULLY 247,250 $ 243,000 $ 1.7%4,250 $ 2 20.0%0 375,000 $ 343,000 $ 9.3%32,000 $ 3 6-50.0%-3 MOANALUA VALLEY 820,000 $ 1 820,000 $ 1 MOILIILI 240,000 $ 475,000 $ -49.5%(235,000) $ 5 12-58.3%-7 350,000 $ 435,000 $ -19.5%(85,000) $ 15 30-50.0%-15 NUUANU-LOWER 455,000 $ 415,000 $ 9.6%40,000 $ 6 60.0%0 470,000 $ 425,000 $ 10.6%45,000 $ 11 16-31.3%-5 PALAMA 280,950 $ ---- 2---PAWAA 410,000 $ 330,000 $ 24.2%80,000 $ 1 6-83.3%-5 345,000 $ 375,000 $ -8.0%(30,000) $ 5 13-61.5%-8 PUNAHOU 777,500 $ 530,000 $ 46.7%247,500 $ 2 7-71.4%-5 655,000 $ 495,000 $ 32.3%160,000 $ 3 23-87.0%-20 PUNCHBOWL AREA 425,000 $ 407,000 $ 4.4%18,000 $ 4 15-73.3%-11 355,000 $ 393,500 $ -9.8%(38,500) $ 8 34-76.5%-26 PUNCHBOWL-LOWER 383,500 $ 393,000 $ -2.4%(9,500) $ 4 7-42.9%-3 368,000 $ 387,000 $ -4.9%(19,000) $ 9 21-57.1%-12 SALT LAKE 433,750 $ 470,000 $ -7.7%(36,250) $ 10 28-64.3%-18 440,000 $ 450,000 $ -2.2%(10,000) $ 25 68-63.2%-43 WAIKIKI 470,000 $ 442,500 $ 6.2%27,500 $ 97 132-26.5%-35 435,000 $ 424,000 $ 2.6%11,000 $ 251 333-24.6%-82 Metro Region 490,900 $ 475,000 $ 3.3%15,900 $ 254 372-31.7%-118 455,625 $ 460,000 $ -1.0%(4,375) $ 604 949-36.4%-345 North Shore Region BEACH PARKS 805,000 $ ---- 1---- 805,000 $ ---- 1----
Condos Sold - March 2023 vs 2022 (Residential resales data, based on region and neighborhood groupings as listed in MLS)
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data. ©2023. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Note: YTD sold counts reflect combined monthly "snapshots" of the reported MLS data from Jan. 1 to the end of the currently reported month.
March March March March YTD YTD YTD YTD 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/- 2023 Median 2022 Median +/- +/- 2023 Sold 2022 Sold +/- +/KUILIMA 1,007,500 $ 3,375,000 $ -70.1% (2,367,500) $ 4 333.3%1 1,015,000 $ 1,275,000 $ -20.4%(260,000) $ 7 12-41.7%-5 MOKULEIA 717,000 $ ---- 2---- 682,500 $ 749,000 $ -8.9%(66,500) $ 2 3-33.3%-1 WAIALUA 496,000 $ ---- 3---- 490,500 $ ---- 6---North Shore Region 1,007,500 $ 805,000 $ 25.2%202,500 $ 4 9-55.6%-5 1,000,000 $ 850,000 $ 17.6%150,000 $ 9 22-59.1%-13 Pearl City Region AG/PRESERVE 305,000 $ ---- 1---AIEA HEIGHTS 750,000 $ ---- 1---- 740,000 $ ---- 2---HALAWA 460,000 $ 545,500 $ -15.7%(85,500) $ 3 1200.0%2 555,000 $ 482,750 $ 15.0%72,250 $ 6 60.0%0 MANANA 280,000 $ 330,000 $ -15.2%(50,000) $ 1 3-66.7%-2 280,000 $ 265,000 $ 5.7%15,000 $ 3 7-57.1%-4 MILITARY 565,000 $ 600,000 $ -5.8%(35,000) $ 3 1200.0%2 565,000 $ 600,000 $ -5.8%(35,000) $ 3 1200.0%2 NAVY/FEDERAL 385,000 $ 432,500 $ -11.0%(47,500) $ 1 2-50.0%-1 NEWTOWN 680,000 $ 635,000 $ 7.1%45,000 $ 1 10.0%0 680,000 $ 639,250 $ 6.4%40,750 $ 1 4-75.0%-3 PACIFIC PALISADES 975,000 $ ---- 1PEARL CITY-LOWER 420,000 $ 1---PEARL CITY-UPPER 390,000 $ 1 380,000 $ 3 PEARLRIDGE 472,500 $ 437,500 $ 8.0%35,000 $ 9 16-43.8%-7 420,000 $ 436,000 $ -3.7%(16,000) $ 29 48-39.6%-19 WAIAU 612,000 $ 505,000 $ 21.2%107,000 $ 1 7-85.7%-6 612,000 $ 507,500 $ 20.6%104,500 $ 3 20-85.0%-17 WAILUNA 775,000 $ 1 714,000 $ 755,000 $ -5.4%(41,000) $ 4 1300.0%3 WAIMALU 404,000 $ 400,000 $ 1.0%4,000 $ 2 1100.0%1 415,000 $ 365,000 $ 13.7%50,000 $ 3 30.0%0 Pearl City Region 466,250 $ 480,000 $ -2.9%(13,750) $ 22 31-29.0%-9 455,000 $ 460,000 $ -1.1%(5,000) $ 56 97-42.3%-41 Waipahu Region ROYAL KUNIA 560,000 $ ---- 3---- 512,500 $ 555,000 $ -7.7%(42,500) $ 2 6-66.7%-4 VILLAGE PARK 465,000 $ ---- 1---- 472,500 $ ---- 2---WAIKELE 550,000 $ 553,000 $ -0.5%(3,000) $ 7 9-22.2%-2 550,000 $ 551,500 $ -0.3%(1,500) $ 13 24-45.8%-11 WAIPAHU-LOWER 290,000 $ 315,000 $ -7.9%(25,000) $ 3 6-50.0%-3 315,500 $ 302,500 $ 4.3%13,000 $ 8 12-33.3%-4 WAIPIO GENTRY 485,000 $ 530,000 $ -8.5%(45,000) $ 5 366.7%2 492,500 $ 470,000 $ 4.8%22,500 $ 12 14-14.3%-2 Waipahu Region 500,000 $ 510,000 $ -2.0%(10,000) $ 15 22-31.8%-7 499,500 $ 490,000 $ 1.9%9,500 $ 35 58-39.7%-23
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