A SHIFTING MARKET IN EAST HONOLULU

The real estate market in East Honolulu is in a state of transition, as total sales for both single family homes and condos are down over 50% for the first two months of 2023. However, prices have remained strong, with the median price in East Honolulu for 2022 at $1,650,000, up 10% from the previous year. Condominiums and townhouses in Hawaii Kai saw tremendous price increases in 2022 as well, up 19% with a median price of $835,000. Overall, inventory in East Honolulu remains low. With Buyer activity expected to increase as we approach Spring and Summer, this is an excellent opportunity for Sellers to get great results.

East

Honolulu Home Prices

• $1,650,000 SFH Median Sales Price (UP 10%) • 7 Days on Market *Includes

• $1,610,000 SFH Median Sales Price

• 11 Days on Market

• $835,000 Condo Median Sales Price

• 11 Days on Market

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