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For single-family homes, 43% of sales (91 properties) closed at or above the asking price, down from 50% (111 properties) in October 2022. For condos, 38% of sales (151 condos) closed at or above the asking price, down from 48% of sales (208 condos) in October 2022.
28 mar 2024 · Honolulu Housing Market Forecast for 2024 & 2025. According to Zillow, the average home value in Honolulu stands at $787,369, depicting a 1.0% decrease over the past year. This figure offers a glimpse into the current state of the market, providing valuable insights for prospective buyers, sellers, and investors alike.
10 lis 2023 · Most condo regions of Oahu are maintaining a median of under 30 days on the market, at 21 days for October 2023 compared to 19 days in October 2022. In contrast to the Single-Family Home market, the condo market has seen a 6.4% increase in new listings compared to the prior year.
10 lis 2023 · The Honolulu Board of REALTORS® reports the O’ahu single-family home market sales volume remained stable in October, with both single-family homes and condos experiencing moderate year-over-year declines of 4.1% and 8.3%, respectively. READ THE FULL REPORT HERE!
For condos on Oahu, 38% of sales successfully closed at or above the asking price, marking a decrease from the 48% observed in October 2022. Regarding specific price ranges for Oahu condos, the $500,000 to $599,999 bracket experienced a substantial 44.7% year-over-year increase, boasting 68 sales.
Market Statistics. Oahu median sale price movement is down in May 2024, with the home price down -2% to $1,082,000 and the condo price down -2% to $491,000 from last year. Oahu sales activity is mixed in May 2024, with home sales down -7% and condo sales up 7% from last year.
Discover the latest trends and insights in Oahu real estate for 2024. Explore market updates, neighborhood guides, and tips for buying, selling, or investing on Oahu. Stay informed and make savvy decisions with our expert advice
