Honolulu Homes For Sale

There are currently 1924 homes for sale on Oahu, and of course the entire island if the city of Honolulu. There 2476 condos for sale in Oahu, with a median list price of $339k.

That's the higest list price in the history of Oahu real estate, which just shows how strong our market is compared to other states. Single family homes on Oahu are listed at a median price of $675k.

There were 287 Condos sold in metro Oahu, this year through February 29th, with a total of 548 condos sold island wide. That's down 21.7% since last year, when 700 Oahu condos sold. However, the average sales price is up 3.7% sinc last year, and the median sales price of Oahu condos is up 4.1% since last year.

All around Oahu, real estate is selling at record levels. In Moanalua and Kalihi, median prices are now $742,500, compared to just $600k last year. While the number of homes sold has dropped by 32.1%, the median price has risen 23.7%!

In cored Honolulu, the median price of homes was $780k, compared to $796,500 last year, a drop of 2.1%, so it's not all up everwhere, and the number of sales was down from 20 to 11 sales. Honolulu home sales are still strong, but not as strong as last year.

In Hawaii Kai, median prices were up to $1,035,000, up from only $816,500 last year. That's a whopping 26.8% rise from last year, even though the number of sales in Hawaii Kai homes was down 35.7%. Hawaii Kai just seems to be the most desireable place for many people, especially those moving to Hawaii from the mainland.

In Kailua, the median price is down to $762,500 from last year's $792k, and sales are down 50%, but inventory remains low overall, with only about 8 months of homes on the market. Compare that to over 2 years of inventory in other states, and you see that Kailua real estate is also very healthy.