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September 2018 Honolulu Market Report

Median prices are increasing, with Number of Sales down from 2017.

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September Oahu Single-Family Homes Median Price Tops Previous Record

Oahu’s single-family home median price in September topped the previous record set in August according to resales figures released today by the Honolulu Board of REALTORS®.

Single-Family Home Resales

Number of SalesMedian Sales Price
September 2018309  -17.4%$812,500  +6.9%
September 2017374$760,000

Condominium Resales

Number of SalesMedian Sales Price
September 2018511  -2.9%$428,000  +0.7%
September 2017526$425,000

According to the Days on Market indicator, the median days for single-family homes was 17 and 20 days for condominiums.

The information contained in this report is provided to the National Association of REALTORS® and the Hawaii State Department of Economic Development, Business and Tourism for its official reports. This report reflects information about resales of existing properties only and does not include new home sales. All of the MLS information is compiled from sales reported during the cited months; this data is known only after closing of escrow.

This information was obtained from HICentral.com, the official website of the Honolulu Board of REALTORS®.