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SINGLE-FAMILY HOMES
- The Oahu single-family luxury market is a Seller’s Market with a 22% Sales Ratio.
- Homes sold for a median of 96.51% of list price in March 2023.
- The most active price band is $2,300,000-$2,699,999, where the sales ratio is 67%.
- The median luxury sales price for single-family homes is $2,357,500.
- The median days on market for March 2023 was 35 days, up from 16 in March 2022.
ATTACHED HOMES (CONDOMINIUMS & TOWNHOMES)
- The Oahu attached luxury market is a Seller’s Market with a 23% Sales Ratio.
- Homes sold for a median of 98.44% of list price in March 2023.
- The most active price band is $750,000-$799,999, where the sales ratio is 37%.
- The median luxury sales price for attached homes is $1,000,000.
- The median days on market for March 2023 was 33 days, up from 11 in March 2022.
OUTSTANDING FACTS
Single Family Home
In March 33.3% of luxury single-family homes sold above list price and 35.9% sold at or above list price, which decreased from 25% in February.
Highest number of sales is in the $2,300,000-$2,699,999 price bands.
Highest sale was $15M.
ILHM Sales Ratio was increased to 21.7% in March from 20.8% in February.
It stays at Seller’s market.
Attached Home
In March 12.6% of luxury attached homes sold above list price and 26.2% sold at or above list price.
Highest number of sales is in the $750,000-$799,999 price band.
Highest sale was $12.4M.
ILHM Sales Ratio was down to 22.5% in March from 12.6% in February.
It’s changed from Buyer’s market to Seller’s market.
CURRENT LUXURY LISTINGS
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