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SINGLE-FAMILY HOMES
- The Oahu single-family luxury market is a Buyer’s Market with a 6% Sales Ratio.
- Homes sold for a median of 95.83% of list price in January 2023.
- The most active price band is $1,800,000-$1,899,999, where the sales ratio is 45%.
- The median luxury sales price for single-family homes is $2,300,000.
- The median days on market for January 2023 was 62 days, up from 16 in January 2022.
ATTACHED HOMES (CONDOMINIUMS & TOWNHOMES)
- The Oahu attached luxury market is a Buyer’s Market with a 11% Sales Ratio.
- Homes sold for a median of 98.19% of list price in January 2023.
- The most active price band is $6,000,000-$6,999,999, where the sales ratio is 33%.
- The median luxury sales price for attached homes is $987,500.
- The median days on market for January 2023 was 25 days, down from 26 in January 2022.
OUTSTANDING FACTS
Single Family Home
In January 27.3% of luxury single-family homes sold above list price and 36.4% sold at or above list price, which increased from 30.4% in December.
Highest number of sales is in the $1,800,000-$1,899,999 price bands.
Highest sale was $10.3M.
ILHM Sales Ratio was decreased to 6.1% in January from 16.5% in December.
It’s changed from Balanced market to Buyer’s market.
Attached Home
In January 16% of luxury attached homes sold above list price and 26% sold at or above list price.
Highest number of sales is in the $800,000-$999,999 and $1,200,000-$1,499,999 price band.
Highest sale was $9.999M.
ILHM Sales Ratio was down to 10.9% in January from 13.7% in December.
It’s changed from Balanced market to Buyer’s market.
CURRENT LUXURY LISTINGS
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