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SINGLE-FAMILY HOMES
- The Oahu single-family luxury market is a Balanced Market with a 15% Sales Ratio.
- Homes sold for a median of 98.86% of list price in April 2023.
- The most active price band is $1,800,000-$1,899,999, where the sales ratio is 46%.
- The median luxury sales price for single-family homes is $2,150,000.
- The median days on market for April 2023 was 33 days, up from 14 in April 2022.
ATTACHED HOMES (CONDOMINIUMS & TOWNHOMES)
- The Oahu attached luxury market is a Balanced Market with a 20% Sales Ratio.
- Homes sold for a median of 98.45% of list price in April 2023.
- The most active price band is $750,000-$799,999, where the sales ratio is 39%.
- The median luxury sales price for attached homes is $950,000.
- The median days on market for April 2023 was 35 days, up from 12 in April 2022.
OUTSTANDING FACTS
Single Family Home
In April 20.7% of luxury single-family homes sold above list price and 37.9% sold at or above list price, which increased from 35.9% in March.
Highest number of sales is in the $2,300,000-$2,699,999 price bands.
Highest sale was $8.675M.
ILHM Sales Ratio was increased to 15% in April from 21.7% in March.
It’s changed from Seller’s market to Balanced Market.
Attached Home
In April 18.7% of luxury attached homes sold above list price and 38.5% sold at or above list price.
Highest number of sales is in the $750,000-$799,999 price band.
Highest sale was $6.8M.
ILHM Sales Ratio was down to 19.5% in April from 22.5% in March.
It’s changed from Seller’s market to Balanced market.
CURRENT LUXURY LISTINGS
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