November condo sales outpaced single-family home sales — with closed condo sales soaring 47.7%, compared to November 2020. In addition to the boom sales volume, the condo market set a

Oahu real estate prices continue to be fueled by healthy demand and a limited supply of homes for sale, compounded by the fact that fewer people want to move during

Statistics show that roughly two out of every three single-family home sales closed for more than the original asking price in September. Bids above the asking price were most prevalent

For the fourth consecutive month, single-family homes set a record median reaching $1,050,000 in August — exceeding the million-dollar mark for the first time. Except for April, each month in

A perfect storm of dwindling inventory, economic rebound, and bottom-dollar mortgage rates have pushed Oahu’s median prices to new record highs — $992,500 for single-family homes and $475,000 for condos.

Low mortgage interest rates and chronic low inventory of listings drove prices to record highs again in June. Single-family median prices peaked for the fifth time in six months, to

As prices and sales volume continue to surge, the number of active listings on Oahu was down last month by 39.6% for single-family homes and down 23.3% for condos, as

A year after Oahu’s real estate market grappled with the uncertainty about the pandemic’s impact, sales volume and prices are booming. “Sustained demand and low inventory levels remain constants in

Demand for housing in a market drained of supply remains the driving force for home sales. In March, homes sold for record prices, in record time, and in record numbers,