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SINGLE-FAMILY HOMES
- The Oahu single-family luxury market is a Seller’s Market with a 21% Sales Ratio.
- Homes sold for a median of 96.00% of list price in February 2023.
- The most active price band is $7,500,000-$8,499,999, where the sales ratio is 75%.
- The median luxury sales price for single-family homes is $2,394,000.
- The median days on market for February 2023 was 49 days, up from 16 in February 2022.
ATTACHED HOMES (CONDOMINIUMS & TOWNHOMES)
- The Oahu attached luxury market is a Buyer’s Market with a 13% Sales Ratio.
- Homes sold for a median of 98.84% of list price in February 2023.
- The most active price band is $6,000,000-$6,999,999, where the sales ratio is 50%.
- The median luxury sales price for attached homes is $972,500.
- The median days on market for February 2023 was 27 days, up from 15 in February 2022.
OUTSTANDING FACTS
Single Family Home
In February 13.9% of luxury single-family homes sold above list price and 25% sold at or above list price, which decreased from 36.4% in January.
Highest number of sales is in the $1,900,000-$2,099,999 price bands.
Highest sale was $8.3M.
ILHM Sales Ratio was increased to 20.8% in February from 6.1% in January.
It’s changed from Buyer’s market to Seller’s market.
Attached Home
In January 13.8% of luxury attached homes sold above list price and 36.2% sold at or above list price.
Highest number of sales is in the $750,000-$799,999 price band.
Highest sale was $7.5M.
ILHM Sales Ratio was down to 12.6% in February from 10.9% in January.
It stays at Buyer’s market.
CURRENT LUXURY LISTINGS
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