Page 1

Oahu Real Estate Market Report January 2018


Oahu Real Estate

Market Report OAHU HOUSING MARKET OFF TO A STRONG START IN 2018 Condominium Median Price Reaches New High

Oahu’s housing market started off strong in 2018 with increases in both single-family home and condominium median prices in January according to resales figures released by the Honolulu Board of REALTORS®. During January 2018, the median price paid for single-family homes increased by 5.8 percent from the same month last year to $772,000. The median price for condos increased by 13.2 percent to reach a new record of $430,000, which was previously set in July and September of 2017 at $425,000. The sales of single-family homes rose slightly by 2.0 percent, while condominiums sales decreased by 1.1 percent from January 2017. “The first months of a new year are traditionally a slower time for housing sales on Oahu, so it’s encouraging to see a slight increase in January sales for single-family homes,” said the president of the Honolulu Board of REALTORS®. “What’s especially notable is the jump in the median sales price, which set a new record for condominiums. It’s a strong indication that the demand for housing is still very high, but limited inventory continues to be a challenge for potential homebuyers.” {source: Honolulu Board of REALTORS®}

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Honolulu Board of Realtors®

Monthly Housing Statistics January 2018

COMPAN COMPAN

©2016 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.


Monthly Housing Statistics January 2018 SINGLE FAMILY HOMES Median Sales Price $772,000

+5.8%

Closed Sales 252

+2.0%

Average Sales Price $938,831

+4.4%

CONDOS Median Sales Price $430,000

+13.2%

Closed Sales 374

-1.1%

Average Sales Price $490,461

+7.7%

INDEX: Monthly Indicators Closed Sales Median Sales Price Median Days on Market New Listings Pending Sales Months of Inventory Active Listings Average Sales Price % of Original Listing Price Received Active Continue to Show

2 3 4 5 6 7 8 9 10 11 12

Housing Supply Overview Pending Sales (by price range) Median Days on Market (by price range) % of list price received (by price range) Inventory of Homes (by price range) Months Supply of Inventory (price range)

13 14-15 16-17 18-19 20-21 22-23

Historical Graphs

24-25

Price Graphs

26-27


Monthly Indicators January 2018 Single Family Homes

Closed Sales Median Sales Price Median Days on Market New Listings Pending Sales Months of Inventory Active Listings Average Sales Price % of Original Listing Price Received

Closed Sales Median Sales Price Median Days on Market New Listings Pending Sales Months of Inventory Active Listings Average Sales Price % of Original Listing Price Received

Jan-18

Jan-17

%

YTD-18

YTD-17

%

252

247

2.0%

252

247

2.0%

$772,000

$730,000

5.8%

$772,000

$730,000

5.8%

21

21

0.0%

21

21

0.0%

426

446

-4.5%

426

446

-4.5%

404

430

-6.0%

404

430

-6.0%

1.9

2.4

-20.8%

--

--

--

1,003

1,035

-3.1%

--

--

--

$938,831 98.3%

$899,593 97.5%

4.4% 0.8%

$938,831 98.3%

$899,593 97.5%

4.4% 0.8%

Jan-18 374 $430,000 19

Jan-17 378 $380,000 26

Condos % YTD-18 -1.1% 374 13.2% $430,000 -26.9% 19

YTD-17 378 $380,000 26

% -1.1% 13.2% -26.9%

730 565

641 619

13.9% -8.7%

730 565

641 619

13.9% -8.7%

2.4 1,699 $490,461 98.1%

2.4 1,522 $455,595 98.0%

0.0% 11.6% 7.7% 0.1%

--$490,461 98.1%

--$455,595 98.0%

--7.7% 0.1%

SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 2


Closed Sales January-18 OAHU, HAWAII (A count of all properties that have closed in a given month.)

700

+7.4% 600

575 540

548

+5.6% 491

526 501

495 489

486

481

477

500

536

525

512

475

460

461

444 428

421 378

400

374

362 370

324

374

362 344

300

319 297

324

322

301

362

341 335

329

+15.5%

361

355

335

332

309 294

280 252

247

240 200

221

100

Single Family Homes Condos 0 Feb-16

Mar-16

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Feb-16 Mar-16 Apr-16 May-16 Jun-16 Closed Sales: Single Family Homes Closed Sales: Condos Closed Sales: Total

Oct-16

Jul-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17

Apr-17

May-17

Jun-17

Jul-17

Feb-17 Mar-17 Apr-17 May-17 Jun-17

Aug-17

Jul-17

Sep-17

Oct-17

Nov-17

Dec-17

Jan-18

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18

240

297

301

319

324

322

344

329

335

294

341

247

221

309

280

362

370

335

362

374

355

332

361

252

324 564

491 788

460 761

477 796

548 872

444 766

481 825

512 841

428 763

421 715

525 866

378 625

362 583

495 804

486 766

540 902

536 906

475 810

575 937

526 900

489 844

501 833

461 822

374 626

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 3


Median Sales Price January-18 OAHU, HAWAII (The medIan sales price for all closed properties in a given month.)

900,000

$795,000

+7.4%

800,000

$760,000 $746,000 $720,000 $725,000

$730,000 $747,500

$700,000 700,000

$752,000

$750,000 $742,000

+5.6%

$719,000

$750,000

$786,250

$760,000

$750,000 $773,500

$712,500

$755,000

$750,000

$772,000

$752,000

$745,000

$730,000

600,000

500,000

$400,000

$385,000

400,000

$373,000

$405,500

+15.5%

$389,500

$378,444

$395,000

$383,250

$419,000

$400,000

$430,000

$425,000 $405,000

$385,000

$390,000

$405,000

$397,500 $425,000

$415,500

$396,000

$398,000

$406,500

$400,000

$380,000

300,000

200,000

100,000

Single Family Homes Condos

Feb-16

Mar-16

Median Sales Price : SFH Median Sales Price: Condos

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Oct-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17

Apr-17

May-17

Jun-17

Jul-17

Aug-17

Sep-17

Oct-17

Nov-17

Dec-17

Jan-18

Feb-16

Mar-16

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Oct-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17

Apr-17

May-17

Jun-17

Jul-17

Aug-17

Sep-17

Oct-17

Nov-17

Dec-17

Jan-18

700,000

725,000

720,000

719,000

760,000

746,000

747,500

750,000

742,000

750,000

730,000

730,000

755,000

752,000

712,500

745,000

795,000

750,000

786,250

760,000

752,000

773,500

750,000

772,000

378,444

385,000

389,500

373,000

405,500

400,000

398,000

383,250

396,000

395,000

390,000

380,000

385,000

400,000

415,500

406,500

400,000

425,000

419,000

425,000

397,500

405,000

405,000

430,000

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 4


Median Days on Market January-18 OAHU, HAWAII (The median number of days between when a property is first listed and when an offer is accepted.)

30

+7.4%

26

25 23

+5.6%

22 21

23 20 20

19

20

20

21

19 18

18 19

17

18

16 15

18

20 19

16

16

18

14 15

15

18

16

18

15

15

19 21

17

16 15

21 20

20

16 15

13

15

14

14

14

+15.5%

14 12

10

5

Single Family Homes Condos 0 Feb-16

Mar-16

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Feb-16 Mar-16 Apr-16 May-16 Jun-16 Median Days on Market: SFH Median Days on Market: Condos

Oct-16

Jul-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17

Apr-17

May-17

Jun-17

Jul-17

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17

Aug-17

Jul-17

Sep-17

Oct-17

Nov-17

Dec-17

Jan-18

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18

23

18

15

17

14

16

16

16

19

17

18

21

21

16

18

14

12

20

16

14

15

16

20

21

23

19

19

15

20

18

15

20

20

15

18

26

22

15

15

14

13

14

18

19

21

20

18

19

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 5


New Listings January-18 OAHU, HAWAII (A count of the properties that have been newly listed on the market in a given month.)

800

754

700

674

686 651

641 623

605

605 584

600

617

+5.6%

593

588

585

565

564

477

500 477

414

428

426

467

461

447

399 457

446

428

415

481

492

402 445 400

692

672

661 629

730

702

+7.4%

427

426

428

401 376

372

+15.5%

362 342

300

200

234

228

100 Single Family Homes Condos 0 Feb-16

Mar-16

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Feb-16 Mar-16 Apr-16 May-16 Jun-16 New Listings: Single Family Homes New Listings: Condos New Listings: Total

Oct-16

Jul-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17

Apr-17

May-17

Jun-17

Jul-17

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17

Aug-17

Jul-17

Sep-17

Oct-17

Nov-17

Dec-17

Jan-18

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18

414

415

445

426

477

428

428

401

376

362

228

446

372

492

447

461

467

481

457

427

428

342

234

426

605 1019

661 1076

629 1074

623 1049

584 1061

605 1033

617 1045

585 986

588 964

477 839

402 630

641 1087

565 937

754 1246

672 1119

702 1163

692 1159

674 1155

686 1143

564 991

651 1079

593 935

399 633

730 1156

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 6


Pending Sales January-18 OAHU, HAWAII (A count of the properties that have offers accepted on them in a given month.)

900 850

836 796

+7.4%

800

829

773

779

777 720

719

727

696 700 644

656

+5.6% 655

667

654

621

619

602

607

628

621

600

625

613 595

500

602

565 591

552

552

535

500

508

493

481 456

454

400

442

443

462

457

457

430

+15.5%

411

423

409

404

350 300

200

100 Single Family Homes Condos 0 Feb-16

Mar-16

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Feb-16 Mar-16 Apr-16 May-16 Jun-16 Pending Sales: Single Family Homes Pending Sales: Condos Pending Sales: Total

Oct-16

Jul-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17

Apr-17

May-17

Jun-17

Jul-17

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17

Aug-17

Jul-17

Sep-17

Oct-17

Nov-17

Dec-17

Jan-18

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18

350

411

456

454

442

443

462

481

457

409

457

430

423

535

552

625

613

595

602

591

552

508

493

404

500 850

644 1055

656 1112

667 1121

719 1161

621 1064

655 1117

696 1177

607 1064

602 1011

654 1111

619 1049

628 1051

796 1331

773 1325

836 1461

829 1442

779 1374

850 1452

777 1368

720 1272

727 1235

621 1114

565 969

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 7


Months of Inventory January-18 OAHU, HAWAII (Compares the number of active listings available to the average monthly pending sales.)

3.5

3.1 3.0

3.1

3.1

3.1

3.1 +7.4%

3.0 2.9

2.9 3.0

2.8 3.0

2.9

3.0 2.9

+5.6%

2.7

2.8

2.8

2.7

2.7 2.6

2.6

2.8

2.8 2.5

2.7

2.7 2.4

2.7

2.4

2.7

2.5 2.4

2.3

2.5

2.5

2.5

2.3

2.5 2.4

2.4

2.3

2.3 2.0

2.6

2.7

2.7

2.2 2.1

2.1

1.9

1.5

+15.5%

1.0

0.5 Single Family Homes Condos 0.0 Feb-16

Mar-16

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Feb-16 Mar-16 Apr-16 May-16 Jun-16 Month of Inventory : SFH Months of Inventory: Condos

Oct-16

Jul-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17

Apr-17

May-17

Jun-17

Jul-17

Feb-17 Mar-17 Apr-17 May-17 Jun-17

Aug-17

Jul-17

Sep-17

Oct-17

Nov-17

Dec-17

Jan-18

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18

2.7

2.1

2.8

2.9

3.0

3.1

3.1

2.9

2.9

2.7

2.5

2.4

2.3

2.7

2.5

2.7

2.7

2.5

2.5

2.4

2.3

2.2

2.1

1.9

2.9

2.3

3.1

3.1

3.1

3.0

3.0

3.0

2.8

2.7

2.6

2.4

2.4

2.7

2.7

2.8

2.8

2.7

2.8

2.6

2.6

2.5

2.3

2.4

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 8


Active Listings January-18 OAHU, HAWAII (The number of properties available for purchase during a given month.)

2500

+7.4%

2000 1859 1792

1802

1918

1882

+5.6% 1798

1803

1849

1810 1687

1712 1649

1665

1847

1826

1840

1839

1757 1699

1692

1625 1522

1525

1500 1342

1212

1243

1271

1275

1262 1203

1171 1118

1159

1152

+15.5%

1000

1225

1201 1082 1035

1221

1230

1227 1157

1122

1132 1079 1003

1012

844

500

Single Family Homes Condos 0 Feb-16

Mar-16

Apr-16

May-16

Jun-16

Jul-16

Feb-16 Mar-16 Apr-16 Active Listings: Single Family Homes Active Listings: Condos Active Listings: Total

Aug-16

Sep-16

Oct-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17

Apr-17

May-17

Jun-17

Jul-17

Oct-17

Nov-17

Dec-17

Jan-18

May-16

Jun-16

Jul-16

844

1171

1212

1243

1271

1275

1203

1201

1152

1082

1035

1012

1159

1122

1225

1262

1221

1230

1227

1157

1132

1079

1003

1665 2783

1342 2186

1792 2963

1802 3014

1859 3102

1803 3074

1798 3073

1810 3013

1687 2888

1649 2801

1625 2707

1522 2557

1525 2537

1712 2871

1757 2879

1849 3074

1882 3144

1826 3047

1918 3148

1847 3074

1840 2997

1839 2971

1692 2771

1699 2702

Page 9

Jul-17

Sep-17

1118

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data.

Feb-17 Mar-17 Apr-17 May-17 Jun-17

Aug-17

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18


Average Sales Price January-18 OAHU, HAWAII (The average sales price for all closed sales in a given month.)

1,200,000

+7.4% 1,000,000

+5.6% $883,952 $933,044 $830,331

$898,532

$914,314

$825,826

$936,331

$920,466

$852,712 $859,047

$929,235

$919,812

$899,593

$972,357

$871,788

$966,533

$886,261

$927,615

$941,410 $916,392

$893,468

$884,577

$861,097

800,000 $772,000

600,000 $487,412

+15.5% $463,587

$462,803

$443,371

$422,831 400,000

$431,976

$457,503

$459,859

$451,070

$456,270

$464,707 $430,000

$463,051

$461,275

$450,865

$495,955

$478,873

$465,399

$455,595

$437,297

$469,870

$455,873

$477,342

$464,365

200,000

Single Family Homes Condos Feb-16

Mar-16

Average Sales Price: SFH Average Sales Price: Condos

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Oct-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17

Apr-17

May-17

Jun-17

Jul-17

Aug-17

Sep-17

Oct-17

Nov-17

Dec-17

Jan-18

Feb-16

Mar-16

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Oct-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17

Apr-17

May-17

Jun-17

Jul-17

Aug-17

Sep-17

Oct-17

Nov-17

Dec-17

Jan-18

830,331

898,532

933,044

825,826

972,357

883,952

914,314

852,712

859,047

884,577

920,466

899,593

893,468

936,331

871,788

927,615

919,812

886,261

916,392

966,533

929,235

941,410

861,097

772,000

431,976

457,503

462,803

422,831

463,587

459,859

443,371

437,297

451,070

456,270

450,865

455,595

461,275

465,399

463,051

487,412

455,873

478,873

469,870

495,955

464,365

464,707

477,342

430,000

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 10


Percent of Original List Price Received January-18 OAHU, HAWAII (The percentage found when dividing a property's sales price by the original list price.)

101.0

100.0 +7.4% 99.8

100.0 100.0

100.0

100.0

99.5

99.6

100.0

99.4

99.3 99.6

99.1

+5.6%

99.1

99.5

99.0

99.0

99.1 98.3

98.7 98.6

98.8

99.5

98.7

98.6

99.0

98.4 98.7

99.0

98.9

98.5

98.0

98.0 98.0

98.8

98.3

98.3 97.7

98.3

98.3 97.6

98.0

98.1

97.8 97.6

97.6

97.6

97.4

97.4 97.0

+15.5% 96.8

96.7

96.0

95.0

Single Family Homes Condos

94.0 Feb-16

Mar-16

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Feb-16 Mar-16 Apr-16 May-16 Jun-16 Percent of Original List Price: SFH Percent of Original List Price: Condos

Oct-16

Jul-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17

Apr-17

May-17

Jun-17

Jul-17

Feb-17 Mar-17 Apr-17 May-17 Jun-17

Aug-17

Jul-17

Sep-17

Oct-17

Nov-17

Dec-17

Jan-18

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18

99.6

99.3

98.6

98.5

98.4

99.6

99.8

100.0

99.1

98.7

98.6

98.0

98.3

98.3

96.7

99.4

99.5

96.8

99.1

98.8

97.7

98.3

97.4

98.3

97.8

98.7

100.0

99.5

97.6

100.0

97.6

99.5

99.0

99.0

98.0

98.0

98.7

97.6

98.9

99.1

100.0

100.0

98.3

99.0

97.4

98.8

97.6

98.1

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 11


Active Continue to Show January-18 OAHU, HAWAII (A count of the properties that are in ACS during the current month.)

700

601

+7.4%

600

575

600

568 562

555 525

527 500

512 493 468

551 528

+5.6% 505

513

509

513

478

472

470 460

482

477

435

428

438

434

421

418

411

344

339

431

438

394 408

392

377

374 300

547

492 449

400

539

520

523

339

346

+15.5%

312

200

100 ACS: Single Family Homes ACS: Condos 0 Feb-16

Mar-16

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Feb-16 Mar-16 Apr-16 May-16 Jun-16 ACS: Single Family Homes ACS: Condos

Oct-16

Jul-16

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17

Apr-17

May-17

Jun-17

Jul-17

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17

Aug-17

Jul-17

Sep-17

Oct-17

Nov-17

Dec-17

Jan-18

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18

421

493

468

477

512

505

492

482

449

438

344

339

346

374

411

377

392

418

434

431

438

408

312

339

527

575

601

600

525

555

568

513

562

528

435

428

472

523

551

520

513

539

547

509

478

470

394

460

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 12


Housing Supply Overview January 2018

Pending Sales

Single Family Homes $350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above All Single Family Homes

Jan-18 93 197 273 675 1127 969 572 184 4090

Jan-17 117 237 320 681 1020 864 498 173 3910

% -20.5% -16.9% -14.7% -0.9% 10.5% 12.2% 14.9% 6.4% 4.6%

Pending Sales

Condos $150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above All Condos

Jan-18 303 298 437 501 1091 1244 1517 693 6084

Jan-17 387 344 416 566 1060 1163 1287 592 5815

% -21.7% -13.4% 5.0% -11.5% 2.9% 7.0% 17.9% 17.1% 4.6%

Days on Market Jan-18 36 28 14 12 16 17 31 60 17

Jan-17 32 20 16 13 17 18 31 78 18

% 12.5% 40.0% -12.5% -7.7% -5.9% -5.6% 0.0% -23.1% -5.6%

Days on Market Jan-18 42 23 20 21 13 13 16 44 17

Jan-17 43 29 27 19 14 14 18 51 20

% -2.3% -20.7% -25.9% 10.5% -7.1% -7.1% -11.1% -13.7% -15.0%

Percentage of Original Price Received

Inventory of Homes for Sale

Jan-18 96.1% 98.4% 99.2% 99.6% 98.7% 98.9% 96.3% 92.4% 98.2%

Jan-18 14 45 43 91 180 210 201 219 1003

% -0.1% 1.0% 0.4% -0.4% -0.1% 0.9% 0.4% 0.8% -0.9%

Jan-17 17 40 44 102 204 189 210 229 1035

% -17.6% 12.5% -2.3% -10.8% -11.8% 11.1% -4.3% -4.4% -3.1%

Percentage of Original Price Received

Inventory of Homes for Sale

Jan-18 93.9% 96.1% 96.8% 97.7% 98.6% 98.5% 98.7% 96.6% 98.6%

Jan-18 125 75 100 111 208 273 364 443 1699

SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 13

Jan-17 96.2% 97.4% 98.8% 100.0% 98.8% 98.0% 95.9% 91.7% 99.1%

Jan-17 90.7% 96.3% 96.9% 98.4% 99.3% 98.7% 98.7% 94.4% 98.8%

% 3.5% -0.2% -0.1% -0.7% -0.7% -0.2% 0.0% 2.3% -0.2%

Jan-17 112 77 109 104 217 207 300 396 1522

% 11.6% -2.6% -8.3% 6.7% -4.1% 31.9% 21.3% 11.9% 11.6%

Months Supply of Inventory Jan-18 1.5 2.6 1.8 1.6 2.0 2.7 4.4 14.3 3.0

Jan-17 1.6 1.8 1.5 1.8 2.6 2.8 5.3 16.2 3.3

% -6.3% 44.4% 20.0% -11.1% -23.1% -3.6% -17.0% -11.7% -9.1%

Months Supply of Inventory Jan-18 4.3 2.7 2.8 2.5 2.3 2.7 3.0 8.2 3.4

Jan-17 3.4 2.8 3.2 2.0 2.5 2.2 3.2 8.9 3.3

% 26.5% -3.6% -12.5% 25.0% -8.0% 22.7% -6.3% -7.9% 3.0%


Pending Sales Jan-18 Single Family Homes: Monthly, by Price Range (A count of properties that have offers accepted on them in a given month. Based on a 12 month rolling total.) 1280

######## ###### 1080

880 $350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000

680

$650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above

480

280

80 Feb-16

Mar-16

$350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above All Single Family Homes

Apr-16

May-16

Feb-16 138 302 380 675 861 707 456 161 3680

Jun-16

Jul-16

Aug-16

Sep-16

Mar-16 Apr-16 May-16 Jun-16 139 132 132 124 304 296 284 261 387 373 370 363 678 683 684 668 876 913 916 913 734 750 762 761 454 451 445 447 164 175 167 176 3736 3773 3760 3713

Oct-16

Jul-16 124 244 354 677 919 782 457 171 3728

Nov-16

Aug-16 120 235 353 666 931 796 456 170 3727

Dec-16

Sep-16 119 231 339 665 946 814 473 166 3753

Mar-17

Apr-17

Oct-16 Nov-16 Dec-16 115 135 111 236 269 227 343 385 307 689 771 666 1011 1108 1015 866 945 843 510 547 494 163 191 165 3933 4351 3828

Jan-17

Feb-17

Jan-17 117 237 320 681 1020 864 498 173 3910

SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 14

May-17

Jun-17

Jul-17

Aug-17

Sep-17

Feb-17 Mar-17 Apr-17 May-17 Jun-17 115 117 117 114 124 222 224 224 215 211 315 307 297 302 296 666 678 701 698 699 1038 1053 1057 1056 1065 868 879 888 894 899 505 512 513 540 552 180 178 173 182 173 3909 3948 3970 4001 4019

Oct-17

Jul-17 165 230 312 716 1146 961 595 183 4308

Nov-17

Dec-17

Aug-17 113 205 294 675 1102 935 561 178 4063

Jan-18

Sep-17 104 200 296 690 1108 926 549 192 4065

Oct-17 Nov-17 Dec-17 97 92 89 208 201 195 284 284 273 684 687 684 1122 1114 1116 934 955 960 557 570 568 197 190 189 4083 4093 4074

Jan-18 93 197 273 675 1127 969 572 184 4090


Pending Sales Jan-18 Condos: Monthly, by Price Range (A count of properties that have offers accepted on them in a given month. Based on a 12 month rolling total.) 1800

###### ######

1600

1400

1200

$150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000

1000

$300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000

800

$700,001 and above

600

400

200 Feb-16 Mar-16 Apr-16 May-16 Jun-16

$150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above All Condos

Jul-16

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17

Feb-16 Mar-16 Apr-16 May-16 Jun-16 385 399 397 396 390 335 320 335 321 316 419 428 418 419 421 657 679 674 659 644 1041 1045 1044 1052 1038 1075 1092 1095 1089 1111 962 981 1013 1019 1066 484 498 500 489 514 5358 5442 5476 5444 5500

Jul-16 375 313 406 615 1028 1102 1094 533 5466

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 383 388 394 452 428 387 316 311 314 372 369 344 402 397 396 465 449 416 589 578 581 663 606 566 1035 1029 1025 1196 1120 1060 1120 1108 1099 1269 1235 1163 1137 1173 1203 1389 1381 1287 546 543 541 637 637 592 5528 5527 5553 6443 6225 5815

SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 15

Jul-17

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18

Feb-17 Mar-17 Apr-17 May-17 Jun-17 368 366 388 375 360 338 357 356 345 346 402 422 441 435 412 535 562 544 533 516 1018 1073 1090 1093 1115 1114 1188 1195 1181 1186 1256 1339 1360 1412 1412 585 607 599 619 622 5616 5914 5973 5993 5969

Jul-17 354 362 413 518 1113 1187 1426 633 6006

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 357 328 338 365 309 350 338 329 350 306 438 417 440 479 441 533 527 516 549 487 1101 1092 1104 1184 1095 1203 1214 1218 1318 1228 1464 1486 1495 1632 1503 643 652 674 722 688 6089 6054 6114 6599 6057

Jan-18 303 298 437 501 1091 1244 1517 693 6084


Days on Market Until Sale Jan-18 Single Family Homes: Monthly, by Price Range (The median number of days between when a property is first listed and when an offer is accepted. Based on a 12 month rolling median.) 90

80

####### ######

70

60

$350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000

50

$650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M

40

$1.9M and Above

30

20

10 Feb-16

Mar-16

$350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above All Single Family Homes

Apr-16 May-16

Feb-16 36 20 15 16 21 22 30 59 20

Jun-16

Jul-16

Aug-16

Sep-16

Mar-16 Apr-16 May-16 Jun-16 36 36 35 36 20 20 20 19 16 14 15 15 15 14 13 13 20 19 20 19 23 23 23 22 29 29 31 29 61 56 61 65 20 19 19 19

Oct-16

Jul-16 36 20 15 13 19 23 30 63 19

Nov-16

Aug-16 34 19 15 13 19 22 30 58 19

Dec-16

Sep-16 32 17 16 13 18 21 30 62 18

Jan-17

Feb-17

Mar-17 Apr-17 May-17

Oct-16 Nov-16 Dec-16 31 29 33 21 20 19 16 16 16 13 14 14 17 17 17 21 20 19 30 29 30 67 76 74 18 18 18

SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 16

Jan-17 32 20 16 13 17 18 31 78 18

Jun-17

Jul-17

Aug-17

Sep-17

Feb-17 Mar-17 Apr-17 May-17 Jun-17 24 27 30 31 30 22 22 22 22 24 16 15 16 15 15 13 13 13 13 13 16 16 16 15 16 19 18 18 17 17 32 32 32 30 29 76 73 73 71 72 18 18 18 18 17

Oct-17

Jul-17 36 25 15 13 17 17 27 74 18

Nov-17

Dec-17

Aug-17 38 26 15 13 17 17 29 71 18

Jan-18

Sep-17 38 26 14 13 16 17 30 63 18

Oct-17 Nov-17 Dec-17 35 35 32 24 24 24 14 14 14 13 12 12 16 16 16 16 16 17 29 29 28 66 62 63 17 17 17

Jan-18 36 28 14 12 16 17 31 60 17


Days on Market Until Sale Jan-18 Condos: Monthly, by Price Range (The median number of days between when a property is first listed and when an offer is accepted. Based on a 12 month rolling median.) 60

55

####### ###### 50

45

$150,000 and below 40

$150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000

35

$300,001 - $375,000 $375,001 - $475,000 30

$475,001 - $700,000 $700,001 and above

25

20

15

10 Feb-16 Mar-16 Apr-16 May-16 Jun-16

$150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above All Condos

Feb-16 44 32 29 21 17 16 25 43 22

Jul-16

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17

Mar-16 Apr-16 May-16 Jun-16 45 46 46 44 33 33 29 27 28 27 26 26 22 21 20 20 17 16 16 16 16 16 16 16 24 19 19 19 44 45 46 48 21 21 21 21

Jul-16 43 29 26 18 15 15 19 47 20

Jul-17

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 42 39 41 43 41 43 43 42 44 44 44 28 29 31 32 32 29 28 25 24 24 24 24 24 26 27 24 27 24 23 22 23 23 18 18 18 18 17 19 19 18 18 18 20 15 15 15 14 14 14 14 14 13 13 13 15 14 14 14 13 14 14 13 13 13 13 20 20 19 18 18 18 19 18 18 18 17 48 49 50 49 51 51 53 52 52 52 48 20 20 20 20 19 20 20 19 19 19 18

SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 17

Jul-17 41 23 22 21 13 13 16 47 18

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 39 38 41 43 46 42 24 24 25 24 24 23 23 22 21 21 22 20 21 21 21 20 22 21 13 13 13 13 13 13 13 13 13 13 13 13 16 16 16 16 16 16 50 50 49 47 45 44 18 18 18 18 18 17


Percentage of Original Price Received Jan-18 Single Family Homes: Monthly, by Price Range (The average percentage found when dividing a property's sales price by the original list price. Based on a rolling 12 month average.) 100.0%

####### ######

98.0%

$350,000 and Below 96.0%

$350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M

94.0%

$1.1M - $1.9M $1.9M and Above

92.0%

90.0% Feb-16 Mar-16 Apr-16 May-16 Jun-16

$350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above All Single Family Homes

Feb-16 96.0% 97.9% 98.6% 98.5% 98.0% 97.5% 95.3% 93.3% 98.3%

Mar-16 95.1% 97.4% 98.7% 98.7% 98.3% 97.2% 95.1% 93.1% 98.5%

Jul-16

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17

Apr-16 May-16 Jun-16 94.8% 94.3% 94.8% 97.2% 97.2% 97.0% 98.8% 98.9% 98.9% 98.8% 99.0% 99.0% 98.4% 98.4% 98.4% 97.2% 97.0% 96.9% 95.1% 94.8% 95.3% 93.4% 93.8% 93.8% 98.6% 98.7% 98.6%

Jul-16 94.2% 97.1% 98.9% 99.3% 98.5% 97.0% 95.5% 94.3% 98.8%

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 94.6% 94.4% 95.3% 95.8% 96.3% 96.2% 96.1% 96.0% 97.5% 97.5% 97.3% 96.9% 97.2% 97.4% 97.2% 97.9% 99.0% 99.0% 99.2% 99.2% 99.1% 98.8% 98.8% 98.9% 99.4% 99.6% 99.7% 99.7% 99.9% 100.0% 100.1% 100.1% 98.5% 98.6% 98.9% 98.9% 98.9% 98.8% 99.0% 98.9% 96.9% 97.0% 97.3% 97.4% 97.8% 98.0% 98.0% 98.3% 95.5% 96.0% 96.0% 95.9% 95.8% 95.9% 96.6% 96.6% 93.9% 93.4% 92.4% 92.1% 91.6% 91.7% 91.2% 90.9% 98.8% 98.9% 99.1% 99.1% 99.1% 99.1% 99.0% 98.9%

SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 18

Jul-17

Apr-17 96.0% 98.2% 99.1% 100.0% 98.7% 98.2% 96.5% 90.7% 98.7%

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18

May-17 96.2% 98.2% 99.1% 99.8% 98.8% 98.4% 96.9% 90.9% 98.8%

Jun-17 95.1% 98.1% 99.2% 99.9% 98.9% 98.5% 96.7% 91.0% 98.9%

Jul-17 96.0% 97.9% 99.3% 99.8% 99.0% 98.5% 96.7% 90.6% 98.7%

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 95.9% 95.7% 95.8% 95.7% 96.2% 98.0% 98.3% 98.4% 98.6% 99.0% 99.1% 99.0% 99.0% 99.1% 99.1% 99.7% 99.5% 99.6% 99.6% 99.5% 99.0% 98.9% 98.8% 98.7% 98.7% 98.7% 98.7% 98.7% 98.7% 98.7% 96.8% 96.6% 96.3% 96.4% 96.5% 91.3% 91.5% 91.5% 91.9% 92.4% 98.6% 98.5% 98.4% 98.3% 98.2%

Jan-18 96.1% 98.4% 99.2% 99.6% 98.7% 98.9% 96.3% 92.4% 98.2%


Percentage of Original Price Received Jan-18 Condos: Monthly, by Price Range (The average percentage found when dividing a property's sales price by the original list price. Based on a rolling 12 month average.) 100.0%

######## ###### 98.0%

96.0% $150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000

94.0%

$300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above

92.0%

90.0%

88.0% Feb-16 Mar-16 Apr-16 May-16 Jun-16

$150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above All Condos

Feb-16 90.6% 96.4% 96.6% 98.0% 98.1% 98.8% 98.0% 96.0% 98.7%

Mar-16 90.2% 96.0% 96.4% 98.1% 98.2% 98.8% 98.0% 95.2% 98.6%

Jul-16

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17

Apr-16 May-16 Jun-16 89.8% 90.4% 90.5% 96.2% 96.3% 96.3% 96.4% 96.8% 97.1% 98.1% 98.1% 98.3% 98.0% 98.1% 98.0% 98.7% 98.7% 98.6% 98.0% 98.0% 98.3% 95.1% 95.3% 95.1% 98.7% 98.9% 98.6%

Jul-16 89.4% 96.2% 97.2% 98.5% 98.2% 98.5% 98.4% 94.9% 98.8%

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 89.2% 90.2% 90.4% 90.1% 90.3% 96.0% 96.3% 96.4% 96.6% 96.4% 97.3% 97.2% 96.9% 97.0% 97.1% 98.5% 98.5% 98.6% 98.8% 98.6% 98.3% 98.5% 98.7% 98.8% 99.0% 98.7% 98.8% 99.1% 99.1% 99.0% 98.3% 98.3% 98.3% 98.4% 98.7% 94.9% 94.9% 94.8% 94.5% 94.0% 98.8% 98.8% 98.9% 98.9% 98.8%

SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 19

Jul-17

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18

Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 90.7% 91.3% 91.0% 90.9% 91.0% 91.1% 96.3% 95.9% 96.4% 96.3% 96.5% 96.3% 96.9% 97.1% 97.0% 97.1% 97.1% 97.1% 98.4% 98.3% 98.2% 98.2% 98.1% 98.0% 99.3% 99.3% 99.2% 99.3% 99.4% 99.5% 98.7% 98.6% 98.7% 98.6% 98.7% 98.8% 98.7% 98.8% 98.7% 98.7% 98.7% 98.7% 94.4% 94.6% 95.5% 95.7% 95.4% 95.7% 98.8% 98.8% 98.7% 98.7% 98.6% 98.8%

Jul-17 91.7% 96.4% 97.0% 97.9% 99.4% 98.8% 98.7% 95.8% 98.8%

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 92.3% 92.2% 92.2% 92.6% 93.3% 93.9% 96.8% 96.6% 96.2% 95.8% 96.0% 96.1% 96.8% 96.7% 96.9% 96.8% 96.8% 96.8% 97.8% 97.8% 97.6% 97.7% 97.7% 97.7% 99.2% 99.1% 98.9% 98.9% 98.8% 98.6% 98.6% 98.6% 98.5% 98.4% 98.5% 98.5% 98.7% 98.7% 98.9% 98.9% 98.8% 98.7% 95.8% 95.7% 95.8% 96.1% 96.5% 96.6% 98.9% 98.8% 98.7% 98.7% 98.6% 98.6%


Inventory of Homes for Sale Jan-18 Single Family Homes: Monthly, by Price Range (The number of properties available for sale in active status at the end of a given month.) 300

######## ###### 250

200 $350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000

150

$650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above

100

50

0 Feb-16 Mar-16 Apr-16 May-16 Jun-16

$350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above All Single Family Homes

Feb-16 27 62 70 124 197 184 217 237 1118

Jul-16

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17

Mar-16 Apr-16 May-16 Jun-16 19 27 39 26 39 51 58 45 43 71 68 58 87 121 137 130 122 199 219 231 145 203 219 234 162 242 228 250 227 257 244 269 844 1171 1212 1243

Jul-16 38 57 48 127 234 256 249 262 1271

Jul-17

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 30 37 34 27 28 17 23 34 23 23 25 61 53 56 60 59 40 41 44 34 43 47 57 65 61 50 50 44 49 57 44 58 49 125 121 119 108 112 102 100 105 118 128 127 238 220 226 210 201 204 175 249 232 253 244 256 233 231 208 212 189 187 211 227 240 264 257 243 241 247 201 210 208 222 226 255 272 251 231 233 242 219 229 229 237 218 225 234 1275 1203 1201 1152 1082 1035 1012 1159 1112 1225 1262

SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 20

Jul-17 19 42 55 123 237 248 268 229 1221

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 27 15 14 13 10 14 41 47 59 56 52 45 45 54 45 49 49 43 120 132 107 98 119 91 243 247 224 211 209 180 255 240 254 233 215 210 269 263 241 250 214 201 230 229 213 222 211 219 1230 1227 1157 1132 1079 1003


Inventory of Homes for Sale Jan-18 Condos: Monthly, by Price Range (The number of properties available for sale in active status at the end of a given month.) 520

470

######## ######

420

370 $150,000 and below $150,001 - $200,000 320

$200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000

270

$375,001 - $475,000 $475,001 - $700,000 $700,001 and above

220

170

120

70 Feb-16 Mar-16

$150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above All Condos

Apr-16 May-16 Jun-16

Feb-16 147 99 95 158 203 249 314 400 1665

Jul-16

Aug-16

Sep-16

Mar-16 Apr-16 May-16 Jun-16 133 159 175 169 94 118 102 116 94 114 112 115 105 166 155 144 122 192 221 219 178 261 255 245 233 342 356 389 383 440 426 462 1342 1792 1802 1859

Oct-16

Jul-16 165 103 115 140 214 264 371 431 1803

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17

Apr-17 May-17

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 151 170 131 143 114 112 105 101 91 83 89 77 102 132 106 110 122 109 124 135 141 107 124 104 242 236 201 209 199 217 269 242 261 246 243 207 354 343 333 321 324 300 451 451 423 430 410 396 1798 1810 1687 1649 1625 1522

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 21

Jun-17

Jul-17

Aug-17

Sep-17

Feb-17 Mar-17 Apr-17 May-17 Jun-17 117 125 133 135 145 83 86 94 98 96 107 107 114 125 129 123 141 117 134 134 187 223 224 241 233 228 265 248 225 267 278 337 372 402 420 402 428 455 459 458 1525 1712 1757 1849 1882

Oct-17

Jul-17 156 81 141 120 227 265 401 435 1826

Nov-17

Dec-17

Jan-18

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 170 163 166 143 116 125 90 86 78 84 76 75 146 135 128 137 120 100 139 123 129 107 100 111 226 219 238 240 213 208 283 287 255 277 247 273 439 385 400 400 357 364 425 449 446 451 463 443 1918 1847 1840 1839 1692 1699


Months Supply of Inventory Jan-18 Single Family Homes: Monthly, by Price Range (Compares the number of active listings available to the average monthly pending sales from the last 12 months.) 25.0

####### ###### 20.0

$350,000 and Below 15.0 $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M 10.0

$1.1M - $1.9M $1.9M and Above

5.0

0.0 Feb-16

Mar-16

$350,000 and Below $350,001 - $475,000 $475,001 - $550,000 $550,001 - $650,000 $650,001 - $800,000 $800,001 - $1.1M $1.1M - $1.9M $1.9M and Above All Single Family Homes

Apr-16

May-16

Jun-16

Jul-16

Aug-16

Sep-16

Feb-16 Mar-16 Apr-16 May-16 Jun-16 2.1 1.5 2.2 3.2 2.2 2.2 1.4 1.9 2.2 1.7 2.2 1.3 2.2 2.1 1.8 2.2 1.6 2.2 2.5 2.3 2.9 1.8 2.9 3.1 3.2 3.4 2.6 3.6 3.8 4.0 6.2 4.5 6.7 6.3 6.8 17.7 16.9 18.9 17.9 19.6 3.7 2.8 3.9 4.0 4.0

Oct-16

Jul-16 3.2 2.3 1.5 2.3 3.2 4.3 6.7 19.0 4.1

Nov-16

Dec-16

Jan-17

Feb-17

Mar-17

Apr-17 May-17

Jun-17

Jul-17

Aug-17

Sep-17

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 2.6 3.2 3.1 2.5 2.6 1.6 2.2 3.4 2.3 2.3 2.5 2.5 2.2 2.4 2.6 2.7 1.8 1.9 2.1 1.7 2.2 2.4 1.8 2.1 2.0 1.6 1.7 1.5 1.7 2.0 1.6 2.1 1.8 2.2 2.2 2.1 1.9 2.0 1.8 1.8 1.8 2.1 2.2 2.2 3.2 2.9 3.0 2.7 2.6 2.6 2.2 3.0 2.8 3.0 2.9 4.2 3.8 3.7 3.2 3.2 2.8 2.8 3.1 3.3 3.4 3.7 6.9 6.5 6.4 6.4 5.1 5.3 5.2 5.5 5.6 6.2 6.5 18.1 16.6 16.8 17.3 15.6 16.2 16.0 16.5 15.2 15.6 16.2 4.1 3.9 3.9 3.6 3.4 3.3 3.2 3.6 3.5 3.8 3.9

SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 22

Oct-17

Nov-17

Jul-17 1.9 2.2 2.0 2.1 2.7 3.4 6.2 15.8 3.7

Dec-17

Jan-18

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 2.7 1.5 1.4 1.4 1.1 1.5 2.2 2.5 3.2 3.1 2.9 2.6 1.7 2.1 1.7 2.0 2.0 1.8 2.1 2.3 1.9 1.7 2.1 1.6 2.8 2.8 2.5 2.4 2.3 2.0 3.4 3.2 3.4 3.1 2.8 2.7 6.2 5.9 5.4 5.6 4.7 4.4 15.8 15.5 14.2 14.8 13.9 14.3 3.7 3.7 3.4 3.4 3.2 3.0


Months Supply of Inventory Jan-18 Condos: Monthly, by Price Range (Compares the number of active listings available to the average monthly pending sales from the last 12 months.) 12.0

####### ###### 10.0

8.0 $150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000

6.0

$300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above

4.0

2.0

0.0 Feb-16 Mar-16 Apr-16 May-16 Jun-16

$150,000 and below $150,001 - $200,000 $200,001 - $250,000 $250,001 - $300,000 $300,001 - $375,000 $375,001 - $475,000 $475,001 - $700,000 $700,001 and above All Condos

Feb-16 4.4 3.2 2.4 2.8 2.5 3.0 4.2 9.5 3.8

Jul-16

Aug-16 Sep-16

Mar-16 Apr-16 May-16 Jun-16 4.0 4.8 5.3 5.1 3.1 3.9 3.4 4.0 2.4 3.0 3.0 3.1 1.9 3.0 2.8 2.6 1.5 2.3 2.7 2.6 2.1 3.1 3.0 2.8 3.1 4.5 4.6 4.9 9.1 10.4 10.2 11.1 3.0 4.0 4.1 4.2

Jul-16 5.0 3.6 3.2 2.5 2.5 3.0 4.6 10.3 4.0

Oct-16 Nov-16 Dec-16

Jan-17

Feb-17 Mar-17 Apr-17 May-17 Jun-17

Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 4.6 5.2 4.0 4.4 3.5 3.8 3.7 3.4 3.1 3.3 2.9 3.8 3.0 3.2 3.5 2.3 2.5 2.6 2.0 2.4 2.9 2.8 2.3 2.4 2.3 3.1 2.7 2.9 2.7 2.6 4.3 4.1 3.9 3.6 3.5 10.6 10.5 9.9 9.9 9.2 4.0 4.0 3.7 3.6 3.5

SOURCE: Honolulu Board of REALTORSÂŽ , compiled from MLS data. Page 23

Jan-17 3.4 2.8 3.2 2.0 2.5 2.2 3.2 8.9 3.3

Jul-17

Aug-17 Sep-17

Feb-17 Mar-17 Apr-17 May-17 Jun-17 3.6 3.9 4.1 4.2 4.5 3.1 3.1 3.4 3.5 3.4 3.1 3.1 3.3 3.6 3.8 2.4 2.8 2.4 2.8 2.9 2.2 2.6 2.6 2.8 2.6 2.4 2.8 2.6 2.7 2.8 2.9 3.4 3.7 3.9 4.0 8.9 9.3 9.7 9.6 9.5 3.3 3.7 3.7 3.9 3.9

Oct-17 Nov-17 Dec-17

Jul-17 4.9 2.9 4.1 2.6 2.6 2.8 3.7 8.9 3.8

Jan-18

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 5.4 5.2 5.4 4.7 3.9 3.2 3.0 2.7 2.9 2.7 4.2 3.9 3.6 3.8 3.4 3.0 2.7 2.9 2.4 2.3 2.5 2.4 2.6 2.6 2.3 2.9 2.9 2.6 2.8 2.5 4.0 3.4 3.5 3.4 3.0 8.5 8.9 8.7 8.6 8.7 3.9 3.8 3.7 3.7 3.4

Jan-18 4.3 2.7 2.8 2.5 2.3 2.7 3.0 8.2 3.4


Closed Sales Single Family Homes and Condos OAHU, HAWAII: Jan 1987 to the Present 900 Closed Sales SFH Closed Sales CONDO 800

700

600

500

400

300

200

100

0 1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 24

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018


Median Sales Price Single Family Homes and Condos OAHU, HAWAII: Jan 1987 to the Present 900000 Median Sales Price SFH Median Sales Price CONDO 800000

700000

600000

500000

400000

300000

200000

100000

0 1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 25

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018


January 2018 Single Family Homes Sold 60

51 50

40 40

39

30

25

20 20

13 12 11 10

9

9 8

4 2

4 2 1

0

1

1 0

0

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 26


January 2018 Condos Sold 120

100

98

80

72

60

58 54

40

26

20

17

16 12 10 7 4

0 Less than 100,000

100,000-199,999

200,000-299,999

300,000-399,999

400,000-499,999

500,000-599,999

SOURCE: Honolulu Board of REALTORS® , compiled from MLS data. Page 27

600,000-699,999

700,000-799,999

800,000-899,999

900,000-999,999

1,000,000 or more


COMPANY COMPANY

B e t t e r H awa i i .c o m 808.738.3600 Kahala Mall, Upper Level 4211 Waialae Ave, Box 9050, Honolulu, HI 96816 Š2016 Better Homes and Gardens Real Estate Advantage Realty. Better Homes and GardensŽ 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.

Oahu Real Estate Market Report January 2018  

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