Market Report - March 2025

Page 1


Oahu Monthly Housing Statistics

*seefootnotesonpages9-12regardingmethodologyupdatesYoY%chg=year-over-yearpercentchangecomparingcurrentmonthtothesamemonthlastyear.

MoM%chg=month-over-monthpercentchangecomparingcurrentmonthtothepreviousmonth.

*seefootnotesonpages9-12regardingmethodologyupdates1-yr%chg=percentchangecomparingthecurrentYTDtimeperiodtothesameYTDtimeperiodoneyearago. 2-yr%chg=percentchangecomparingthecurrentYTDtimeperiodtothesameYTDtimeperiodtwoyearsago.

Single-Family Homes
Condos
Single-Family Homes
Condos

March 2025

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

Mo-Yr

Single-Family HomesCondosTotal

Mar-22321672993

Apr-223656721,037

May-223446881,032

Jun-22357626983

Jul-22312518830

Aug-22314508822

Sep-22278496774

Oct-22222435657

Nov-22192340532

Dec-22202360562

Jan-23150275425

Feb-23173325498

Mar-23236444680

Apr-23208420628

May-23262438700

Jun-23248470718

Jul-23224422646

Aug-23252422674

Sep-23232376608

Oct-23213399612

Nov-23180310490

Dec-23182272454

Jan-24184292476

Feb-24179334513MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-242303445742023236-26.5%444-33.9%2023559-37.0%1,044-38.9%

March

2025

OAHU,

(Themediansalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

Mar-22$1,150,000$515,500

Apr-22$1,105,000$510,000

May-22$1,153,500$516,500

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

Apr-23$999,995$500,000

May-23$1,109,000$505,000

Jun-23$1,050,000$510,000

Jul-23$1,090,000$500,000

Aug-23$1,110,000$515,000

Sep-23$1,050,000$532,500

Oct-23$1,100,000$515,000

Nov-23$1,100,055$516,179

Dec-23$996,500$510,000

Jan-24$1,021,016$502,500 Monthly Median Sales Price

Year-to-Date Median Sales Price

Feb-24$1,075,000$512,500MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg

Mar-24$1,100,000$500,0002023$1,083,750-5.8%$536,0004.0%2023$1,025,000-6.8%$500,000-2.0%

Apr-24$1,100,000$528,0002024$1,100,0001.5%$500,000-6.7%2024$1,070,0004.4%$505,0001.0%

May-24$1,085,000$495,000 2025$1,160,0005.5%$500,0000.0%

Jun-24$1,120,000$530,000

Jul-24$1,140,000$509,000

Aug-24$1,122,000$500,000

Sep-24$1,112,722$517,500

Oct-24$1,100,000$525,000

Nov-24$1,115,000$530,000

Dec-24$1,054,500$540,000

Jan-25$1,120,000$539,500

Feb-25$1,185,000$494,000

Mar-25$1,160,000$500,000

2025$1,150,000

Median Sales Price
Single-Family Homes Condos

Average Sales Price

March 2025

OAHU,

(Theaveragesalespriceofallclosedpropertiesinagivenmonth)

Mo/Yr Single-Family HomesCondos

Mar-22$1,570,668$623,684

Apr-22$1,404,481$613,189

May-22$1,450,008$625,327

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

Apr-23$1,223,383$603,795

May-23$1,355,804$623,748

Jun-23$1,300,456$589,597

Jul-23$1,270,421$617,683

Aug-23$1,427,996$628,127

Sep-23$1,357,981$608,222

Oct-23$1,304,757$670,805

Nov-23$1,434,999$676,625

Dec-23$1,207,793$602,535

Jan-24$1,323,172$593,630 Monthly Average Sales Price

Average Sales Price

Year-to-Date Average Sales Price

Feb-24$1,437,693$580,274MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg

Mar-24$1,380,838$579,5002023$1,391,538-11.4%$651,6304.5%2023$1,335,094-7.1%$627,0712.4%

Apr-24$1,408,991$617,6642024$1,380,838-0.8%$579,500-11.1%2024$1,377,7533.2%$584,486-6.8%

May-24$1,419,039$592,964 2025$1,819,32631.8%$614,7516.1%

Jun-24$1,282,503$690,803

Jul-24$1,360,415$616,302

Aug-24$1,387,740$590,171

Sep-24$1,307,833$625,154

Oct-24$1,304,557$647,091

Nov-24$1,351,976$635,715

Dec-24$1,236,689$639,866

Jan-25$1,344,122$654,915

Feb-25$1,400,996$610,108

Mar-25$1,819,326$614,751

Single-Family Homes Condos

Median Days on Market

March 2025

OAHU, HAWAII

(DaysonMarketrepresentsthenumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted;theMedianDaysonMarketrepresentsthemedianofallsalesinagivenmonth)

Mar-2299

Apr-221012

May-221010

Jun-221011

Jul-221112

Aug-221313

Sep-221814

Oct-221919

Nov-221818 Dec-222521

Jan-242929

Median Days on Market
Single-Family Homes Condos

Percent of Original List Price Received

March 2025

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodindicated)

Mo/Yr

Single-Family HomesCondos

Mar-22102.0%100.0%

Apr-22102.6%100.0%

May-22102.2%100.0%

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%

Apr-2398.3%98.7%

May-2398.7%99.0%

Jun-2399.5%98.9%

Jul-23100.0%98.8%

Aug-2399.1%99.6%

Sep-2399.0%98.8%

Oct-2398.0%98.7%

Nov-2397.1%98.0%

Dec-2398.3%97.9%

Jan-2498.3%97.5%

Percent of Original List Price Received

Feb-2497.8%97.9%MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg

Mar-2498.3%98.3%202396.7%-5.2%98.5%-1.5%202396.5%-4.9%98.3%-1.7% Apr-2499.0%97.8%202498.3%1.7%98.3%-0.2%202498.2%1.8%98.0%-0.3%

May-24100.0%98.3%

Jun-2499.6%98.2%

Jul-2499.0%98.1%

Aug-2499.5%98.3%

Sep-2499.0%97.7%

Single-Family Homes Condos

March 2025

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

Mo-Yr

Single-Family HomesCondosTotal

Mar-224127141,126

Apr-224247221,146

May-224456871,132

Jun-223916861,077

Jul-223866161,002

Aug-22381608989

Sep-22304601905

Oct-22285532817

Nov-22289526815

Dec-22164371535

Jan-23268523791

Feb-23233463696

Mar-23293530823

Apr-23292532824

May-23309582891

Jun-23324535859

Jul-23275521796

Aug-23330549879

Sep-23281516797

Oct-23272566838

Nov-23267457724

Dec-23180349529

Jan-24285581866

Feb-24295533828MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-242916479382023293-28.9%530-25.8%2023794-27.8%1,516-28.5% Apr-243496561,0052024291-0.7%64722.1%20248719.7%1,76116.2%

May-243456581,003

Pending Sales*

March 2025

OAHU, HAWAII

(Ameasureofcontractactivityrepresentedbyacountofpropertiesthathavehadoffersacceptedonthemduringagivenmonth)

Mo/Yr

Single-Family HomesCondosTotal

Mar-223846911,075

Apr-223666631,029

May-22356601957

Jun-22305501806

Jul-22297484781

Aug-22312475787

Sep-22224436660

Oct-22198342540

Nov-22198359557

Dec-22168289457

Jan-23267378645

Feb-23217399616

Mar-23258444702

Apr-23271438709

May-23258507765

Jun-23231415646

Jul-23247421668

Aug-23267425692

Sep-23232371603

Oct-23192325517

Nov-23174308482

Dec-23182290472

Jan-24220376596

Feb-24269390659MarchSFHYoY%chgCNDYoY%chgMarchYTDSFHYoY%chgYTDCNDYoY%chg Mar-242804397192023258-32.8%444-35.7%2023742-26.9%1,221-36.0% Apr-2426944371220242808.5%439-1.1%20247693.6%1,205-1.3%

May-24260422682

Jun-24253385638

Jul-24255380635 Aug-24235410645

Sep-24271399670 Oct-24250319569 Nov-24234328562 Dec-24194310504

Active Inventory*

2025

OAHU, HAWAII (ThenumberofpropertiesinActive(A)statusattheendofthegivenmonth)

Mo/Yr

Single-Family HomesCondosTotal

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 Nov-226821,2441,926

Dec-225971,1701,767

Jan-235511,1961,747

Feb-235471,1771,724

Mar-235411,1521,693 Apr-235351,1441,679

May-235431,1181,661

Jun-236051,1591,764

Jul-235911,1541,745

Aug-235981,1461,744

Sep-235921,1941,786

Inventory

Oct-236261,3061,932MarchSFHYoY%chgCNDYoY%chg Nov-236721,3372,009202354150.3%1,15225.4% Dec-236001,2341,83420245817.4%1,49329.6%

Jan-246071,3481,955 202577333.0%2,30254.2% Feb-245991,3881,987 Mar-245811,4932,074 Apr-246181,5762,194

May-246401,6512,291 Jun-246531,7292,382 Jul-247221,8672,589 Aug-247601,8792,639 Sep-247551,8872,642 Oct-247411,9572,698 Nov-247492,0492,798 Dec-246751,9282,603

Jan-257342,0882,822 Feb-257282,1602,888 Mar-25773 2,3023,075

Active Inventory: Single-Family Homes + Condos

Total Inventory In Escrow*

March 2025

OAHU, HAWAII

(Thenumberofpropertiesundercontractattheendofthegivenmonth/combinedlistingsinCandPstatus)

Mo/Yr

Single-Family HomesCondosTotal

Mar-226039801,583

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-23393602995

Apr-234356231,058

May-234186861,104

Jun-23370612982

Jul-23383586969

Aug-23391590981

Sep-23383569952

Oct-23333475808MarchSFHYoY%chgCNDYoY%chg

Nov-233124737852023393-34.8%602-38.6%

Dec-23305468773202444814.0%6477.5%

Jan-24334532866

Feb-244165861,002

Mar-244486471,095

Apr-244456471,092

May-244405931,033

Jun-244336071,040

Jul-24409580989

Aug-24380581961

Sep-244215981,019

Oct-24384490874

Nov-24405488893

Dec-24338462800

Jan-25335500835 Feb-25385573958

Months

March 2025

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Mo/Yr

Single-Family HomesCondos

Mar-221.01.5

Apr-221.11.5

May-221.31.5

Jun-221.51.6

Jul-221.61.7

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-232.12.4

Apr-232.12.5

May-232.22.6

Jun-232.62.8

Jul-232.62.8

Aug-232.72.8

Sep-232.73.0

Jan-242.83.5

Feb-242.83.6

Mar-242.74.0

Apr-242.84.2

May-242.94.4

Jun-243.04.7

Jul-243.25.1

Aug-243.45.1

Sep-243.45.2

Oct-243.35.4

Nov-243.35.6

Dec-242.95.2

Jan-253.15.6

Single-Family Homes Condos

$700,000 - $799,999 1315-13.3%34104-67.3%95.7%94.2%1.6%2324-4.2%271942.1%494216.7%37355.7%2.92.231.8%

$800,000 - $899,999 2034-41.2%1322-40.9%97.7%99.7%-2.0%494022.5%46444.5%816132.8%6173-16.4%2.81.947.4%

$900,000 - $999,999 24234.3%14137.7%99.0%98.1%0.9%342630.8%1937-48.6%705234.6%3960-35.0%2.61.936.8%

$1,000,000 - $1,499,999 7376-3.9%1340-67.5%98.7%97.9%0.8%1248939.3%9195-4.2%21113358.6%1491462.1%2.51.931.6%

$1,500,000 - 1,999,999 3236-11.1%917-47.1%100.0%98.8%1.2%624247.6%3035-14.3%94922.2%555010.0%2.93.5-17.1%

$2,000,000 - $2,999,999 17166.3%157114.3%100.0%100.0%0.0%312810.7%1718-5.6%776518.5%28273.7%4.84.64.3% $3,000,000 and above 15966.7%2250-56.0%98.7%96.3%2.5%321788.2%13944.4%1229331.2%201625.0%12.210.318.4% All Single-Family Homes206230-10.4%1531-51.6%99.0%98.3%0.7%37729129.6%265280-5.4%77358133.0%439448-2.0%3.32.722.2%

$300,000 - $399,999 5761-6.6%493348.5%95.8%97.6%-1.8%14210436.5%6566-1.5%36122858.3%101983.1%6.13.764.9%

$400,000 - $499,999 60600.0%332343.5%98.2%100.0%-1.8%1211191.7%6683-20.5%36823655.9%90114-21.1%5.83.756.8%

$500,000 - $599,999 604922.4%2427-11.1%98.4%99.0%-0.6%1269237.0%5567-17.9%31015896.2%8298-16.3%5.62.7107.4%

$600,000 - $699,999 3743-14.0%6420220.0%95.9%98.6%-2.7%865750.9%484311.6%20912271.3%776911.6%5.52.7103.7%

$700,000 - $999,999 5356-5.4%262313.0%98.4%98.8%-0.4%13310329.1%7278-7.7%36722960.3%1081080.0%5.73.850.0%

$1,000,000 - $1,499,999 191346.2%46101-54.5%96.9%93.9%3.2%50484.2%2024-16.7%17613530.4%3238-15.8%7.77.52.7%

$1,500,000 - $1,999,999

Closed Sales by Price Range: Single-Family Homes

March 2025

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$450,000-$599,9997475.0%786323.8%

Price

$1,000,000-$1,499,9997376-3.9%1,00285317.5% $1,500,000-1,999,9993236-11.1%38531223.4%

Closed Sales by Price Range: Condos March

2025

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$150,000-$299,999474211.9%489518-5.6%

Median Days on Market by Price Range: Single-Family Homes

March 2025

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

Median Days on Market by Price Range

$1,000,000-$1,499,9991340-67.5%1618-11.1%

Median Days on Market by Price Range 12-mth Period: Single-Family Homes 12-mth

Median Days on Market by Price Range: Condos March

2025

OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

$150,000-$299,999714557.8%432387.0%

Median Percent of Original List Price Received by Price Range: Single-Family Homes

March 2025

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

Median Percent of Original List Price Received by Price Range 1-mth

$700,000-$799,99995.7%94.2%1.6%98.2%98.0%0.2%

Median Percent of Original List Price Received by Price Range 12-mth Period: 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 2025

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

$149,999andbelow92.7%86.

$400,000-$499,99998.2%100.0%-1

Median Percent of Original List Price Received by Price Range 12-mth Period: Condos 12-mth Median This Period 12-mth Median Last Period

New Listings by Price Range: Single-Family Homes March

2025 OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$450,000-$599,999511-54.5%988022.5%

Listings by Price Range

$1,000,000-$1,499,9991248939.3%1,3181,03028.0%

New Listings by Price Range: Condos March 2025

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

$150,000-$299,999755927.1%75468210.6%

$700,000-$999,99913310329.1%1,3401,00633.2%

Pending Sales by Price Range: Single-Family Homes

March 2025

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

$449,999andbelow8560.0%402842.9%

$450,000-$599,999711-36.4%958215.9%

by

$1,000,000-$1,499,9999195-4.2%1,02688915.4%

Pending Sales by Price Range 12-mth Period: Single-Family Homes 12-mth Total This Period 12-mth Total Last Period

List Price

Pending Sales by Price Range: Condos

March 2025

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

$149,999andbelow201717.6%144159-9.4%

$150,000-$299,999544714.9%493549-10.2%

$600,000-$699,999484311.6%519573-9.4%

$700,000-$999,9997278-7.7%7387360.3%

Pending Sales by Price Range 12-mth Period: Condos 12-mth Total This Period 12-mth Total Last Period

List

March 2025 OAHU, HAWAII

$450,000-$599,999251656.3%

$600,000-$699,999402190.5%

$700,000-$799,999494216.7%

$2,000,000-$2,999,999776518.5%

$3,000,000andabove1229331.2%

$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

$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

March 2025 OAHU, HAWAII

$300,000-$399,99936122858.3%

$400,000-$499,99936823655.9% $500,000-$599,99931015896.2%

$2,000,000andabove12310517.1%

$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

$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

$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

127117117130121127121143138114119134113105103112132135138133130111130137151

$1,000,000 to $1,999,999 191201209240229238233247260234235230225253269281305325311315323277291272305

$2,000,000 and above 136147144151152146152152171165170156158168172183188194200197193180182185199 Total 541535543605591598592626672600607599581618640653722760755741749675734728773

$299,999 and

$300,000 to $499,999

$500,000 to $699,999

$700,000 to $1,499,999

$1,500,000 and above

Condos M-23A-23M-23J-23J-23A-23S-23O-23N-23D-23J-24F-24M-24A-24M-24J-24J-24A-24S-24O-24N-24D-24J-25F-25M-25

$299,999 and below 183182184177177170180196177152186185205210217223245253244281287292321308302

$300,000 to $499,999 251251252273272287314352363349386431464497517556593597597605624557615651729

$500,000 to $699,999 251244236252233243234266296264273266280310343364391399420439446412460466519

$700,000 to $1,499,999 308307289309323301304333337315343343364377396412473468463479490443470514543

$1,500,000 and above 159160157148149145162159164154160163180182178174165162163153202224222221209 Total 1,1521,1441,1181,1591,1541,1461,1941,3061,3371,2341,3481,3881,4931,5761,6511,7291,8671,8791,8871,9572,0491,9282,0882,1602,302

March 2025

$449,999andbelow167128.6%

$450,000-$599,9991620-20.0%

$600,000-$699,999181428.6%

$2,999,999

and above

$1,500,000-1,999,999555010.0%

$2,000,000-$2,999,99928273.7%

$3,000,000andabove201625.0%

$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

$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

Mar-25Mar-24YOY chg

$149,999andbelow312714.8%

$150,000-$299,9996972-4.2%

$300,000-$399,999101983.1%

$400,000-$499,99990114-21.1%

$500,000-$599,9998298-16.3%

$600,000-$699,999776911.6%

$700,000-$999,9991081080.0%

$1,000,000-$1,499,9993238-15.8%

$1,500,000-$1,999,999131118.2%

$2,000,000andabove161233.3%

Inventory In Escrow by Price Range

-

and above

$300,000 to $499,999

$500,000 to $699,999

$700,000 to $1,499,999

$1,500,000 and above

$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

Homes

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

$2,000,000-$2,999,9994.84.64.3%

$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

2025

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

$150,000-$299,9996.03.857.9%

$300,000-$399,9996.13.764.9%

$2,000,000andabove17.615.017.3%

$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

Closed Sales

Single-Family Homes and Condos

OAHU, HAWAII: Jan 1987 to the Present

Median Sales Price

Single-Family Homes and Condos

OAHU, HAWAII: Jan 1987 to the Present

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