Oahu Real Estate Update - April 2025

Page 1


OAHU,

*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

Closed Sales

April 2025

OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

Mo-Yr

Single-Family HomesCondosTotal

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-24179334513

Mar-24230344574AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg Apr-242624316932023208-43.0%420-37.5%2023767-38.8%1,464-38.5%

Jul-24269389658

Median Days on Market

April 2025

OAHU, HAWAII

(DaysonMarketrepresentsthenumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted;theMedianDaysonMarketrepresentsthemedianofallsalesinagivenmonth)

Mo/Yr Single-Family HomesCondos

Apr-221012

May-221010

Jun-221011

Jul-221112

Aug-221313

Sep-221814

Oct-221919

Nov-221818

Dec-222521

Jan-232424

Nov-232923

Dec-231826

Jan-242929

Feb-243039

Median Days on Market
Single-Family Homes Condos

Percent of Original List Price Received April 2025

OAHU,

HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodindicated)

Mo/Yr Single-Family HomesCondos

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%

Feb-2497.8%97.9%

Percent of Original List Price Received

Mar-2498.3%98.3%AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg

Apr-2499.0%97.8%202398.3%-4.2%98.7%-1.3%202397.1%-4.5%98.4%-1.6% May-24100.0%98.3%202499.0%0.7%97.8%-0.9%202498.4%1.3%97.9%-0.5%

Jun-2499.6%98.2%

Jul-2499.0%98.1%

Aug-2499.5%98.3%

Sep-2499.0%97.7%

Single-Family Homes Condos

New Listings

April 2025

OAHU, HAWAII

(Acountofpropertiesthathavebeennewlylistedonthemarketinagivenmonth)

Mo-Yr

Single-Family HomesCondosTotal

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-24295533828

Mar-24291647938AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg Apr-243496561,0052023292-31.1%532-26.3%20231,086-28.7%2,048-27.9% May-243456581,003202434919.5%65623.3%20241,22012.3%2,41718.0% Jun-24334622956

April 2025

OAHU, HAWAII

(Ameasureofcontractactivityrepresentedbyacountofpropertiesthathavehadoffersacceptedonthemduringagivenmonth)

Mo/Yr

Single-Family HomesCondosTotal

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-24269390659

Mar-24280439719AprilSFHYoY%chgCNDYoY%chgAprilYTDSFHYoY%chgYTDCNDYoY%chg Apr-242694437122023271-26.0%438-33.9%20231,013-26.6%1,659-35.5% May-242604226822024269-0.7%4431.1%20241,0382.5%1,648-0.7% Jun-24253385638

Jul-24255380635

Aug-24235410645

Sep-24271399670

Oct-24250319569

Nov-24234328562

Dec-24194310504

Jan-25209357566

*Methodologyupdatedasof2021toreflectacountofpropertiesthatenteredcontractwithinthegivenmonthandremaininescrowstatusattheendofthemonth(alsoappliedtohistoricaldatashownabove). PendingSales,inreportspriorto2021,reflectacountofalllistingsthatheldaPending(P)statusthroughoutthegivenmonth.

Months Supply of Active Inventory*

April 2025

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

Mo/Yr

Single-Family HomesCondos

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

Oct-232.93.3

Dec-232.83.220232.190.9%2.566.7%

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

Feb-253.15.8

Mar-253.36.2

Apr-253.5 6.8

*Methodologyupdatedasof2021(alsoappliedtohistoricaldatashownonthischart). MonthsofInventory,inreportspriorto2021,reflectacomparisonofactivelistingstoaveragependingsales.

Closed Sales by Price Range: Condos

April 2025 OAHU, HAWAII

(Acountofpropertiesthathaveclosedinagivenmonth)

$150,000-$299,9994850-4.0%487523-6.9%

$600,000-$699,9994749-4.1%454551-17.6%

$700,000-$999,9996180-23.8%7447341.4%

$1,000,000-$1,499,9991630-46.7%26522915.7%

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

April 2025 OAHU, HAWAII

(Themediannumberofdaysfromwhenapropertyisfirstlistedtowhenanofferisaccepted)

$449,999andbelow14955.6%342254.5%

$450,000-$599,9998035128.6%2538-34.2% $600,000-$699,9996120205.0%3435-2.9%

Median Days on Market by Price Range

$900,000-$999,9993212166.7%1619-15.8%

$1,000,000-$1,499,999201625.0%1617-5.9%

$1,500,000-1,999,9992225-12.0%1519-21.1% $2,000,000-$2,999,9993812216.7%191258.3%

$3,000,000andabove6214342.9%3339-15.4%

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

Median Percent of Original List Price Received by Price Range: Condos

April 2025

OAHU, HAWAII

(Thepercentagefoundwhendividingaproperty'ssalespricebytheoriginallistprice;reportedpercentageisthemedianofallsalesfortheperiodandpricerangeindicated)

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

$149,999andbelow92.1%94.

$400,000-$499,99997.8%98.9%-1

$500,000-$599,99998.1%98.2%-0

$1,000,000-$1,499,99995.6%96.2%-0.6%96.0%96.2%-0.2% $1,500,000-$1,999,99983.3%94.

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

This12-monthperiodreflectstheconsecutive12-monthperiodupthroughthecurrentmonth,whilelastperiod reflectsthesame12-monthperiodoneyearprior.

Pending Sales by Price Range: Single-Family Homes

April 2025

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

$449,999andbelow36-50.0%373215.6%

$450,000-$599,99962200.0%998023.8%

$900,000-$999,99931303.3%3623600.6%

$1,000,000-$1,499,9998599-14.1%1,01290711.6%

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

Pending Sales by Price Range: Condos

April 2025

OAHU, HAWAII

(Ameasureofcontractactivity/acountofpropertiesthathavehadoffersacceptedontheminagivenmonth)

$149,999andbelow20195.3%145162-10.5%

$150,000-$299,99944440.0%493539-8.5%

$300,000-$399,9996572-9.7%754763-1.2%

$400,000-$499,9995872-19.4%763797-4.3%

$500,000-$599,9995259-11.9%655735-10.9%

$600,000-$699,9993761-39.3%495574-13.8%

$700,000-$999,9995681-30.9%713755-5.6%

$1,000,000-$1,499,999292138.1%28422426.8%

$1,500,000-$1,999,99978-12.5%1007533.3%

$2,000,000andabove7616.7%8486-2.3%

Pending Sales by Price Range 12-mth Period: Condos

$449,999andbelow5425.0%

$450,000-$599,99925250.0%

$600,000-$699,9994519136.8%

$700,000-$799,999534420.5%

$2,000,000-$2,999,999816819.1%

$3,000,000andabove12610026.0%

status.

$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

Inventory by Price Range

$150,000-$299,99927117654.0%

$300,000-$399,99940423969.0%

$2,000,000andabove12910127.7%

status.

$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

$1,000,000

$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

$299,999 and

$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 182184177177170180196177152186185205210217223245253244281287292321308302326

$300,000 to $499,999 251252273272287314352363349386431464497517556593597597605624557615651729806

244236252233243234266296264273266280310343364391399420439446412460466519582

307289309323301304333337315343343364377396412473468463479490443470514543577

*Indicatormodifiedasof2021toreflectActivestatuslistingsonlyandappliedtohistoricalmonthlydatashownabove.Previousreportindicator,referredtoasActiveListings,reflectedallactivelymarketedlistingsinAandCstatus.

Total Inventory In Escrow* by Price Range: Single-Family Homes

April 2025

OAHU, HAWAII

(Thenumberofpropertiesinanescrowstatusattheendofagivenmonth) Single-Family HomesApr-25Apr-24YOY chg

$449,999andbelow141216.7%

$450,000-$599,99913128.3%

$600,000-$699,999221729.4%

$700,000-$799,99932313.2%

$800,000-$899,99967661.5%

$900,000-$999,9994753-11.3%

$1,000,000-$1,499,999144158-8.9%

$1,500,000-1,999,999574721.3%

$2,000,000-$2,999,9992932-9.4%

$3,000,000andabove221729.4%

Total Inventory In Escrow by Price Range Single-Family Homes Apr-25 Apr-24

-

and above

Inventory In Escrow - Percent Share by Price Range

$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

OAHU, HAWAII

(Comparesactiveinventorytoarolling12-monthaverageclosedsales)

$149,999andbelow4.22.850.0%

$150,000-$299,9996.64.065.0%

$300,000-$399,9996.64.161.0%

$700,000-$999,9996.33.865.8%

$1,000,000-$1,499,9998.47.610.5%

$1,500,000-$1,999,99911.511.6-0.9%

$2,000,000andabove16.114.411.8%

$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

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