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SINGLE-FAMILY HOMES
- The Oahu single-family luxury market is a Balanced Market with a 16% Sales Ratio.
- Homes sold for a median of 96.82% of list price in December 2022.
- The most active price band is $2,100,000-$2,299,999, where the sales ratio is 42%.
- The median luxury sales price for single-family homes is $2,285,000.
- The median days on market for December 2022 was 27 days, up from 17 in December 2021.
ATTACHED HOMES (CONDOMINIUMS & TOWNHOMES)
- The Oahu attached luxury market is a Buyer’s Market with a 14% Sales Ratio.
- Homes sold for a median of 98.15% of list price in December 2022.
- The most active price band is $750,000-$799,999, where the sales ratio is 31%.
- The median luxury sales price for attached homes is $915,000.
- The median days on market for December 2022 was 24 days, up from 15 in December 2021.
OUTSTANDING FACTS
Single Family Home
In December 15.2% of luxury single-family homes sold above list price and 30.4% sold at or above list price, which was down from 50% in November.
Highest number of sales is in the $1,800,000-$2,699,999 price bands.
Highest sale was $8.8M.
ILHM Sales Ratio was decreased to 16.3% in December from 16.1% in November.
It’s been Balanced market for 2 months.
Attached Home
In December 15.9% of luxury attached homes sold above list price and 33.4% sold at or above list price.
Highest number of sales is in the $750,000-$899,999 price band.
Highest sale was $4.4M.
ILHM Sales Ratio was down to 13.7% in December from 13.1% in November. It’s been Buyer’s market for 2 months.
CURRENT LUXURY LISTINGS
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