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SINGLE-FAMILY HOMES
- The Oahu single-family luxury market is a Buyer’s Market with a 12% Sales Ratio.
- Homes sold for a median of 100.00% of list price in October 2022.
- The most active price band is $4,100,000-$4,699,999, where the sales ratio is 50%.
- The median luxury sales price for single-family homes is $2,362,500.
- The median days on market for October 2022 was 21 days, up from 14 in October 2021.
ATTACHED HOMES (CONDOMINIUMS & TOWNHOMES)
- The Oahu attached luxury market is a Seller’s Market with a 28% Sales Ratio.
- Homes sold for a median of 98.72% of list price in October 2022.
- The most active price band is $4,400,000-$5,199,999, where the sales ratio is 50%.
- The median luxury sales price for attached homes is $990,000.
- The median days on market for October 2022 was 34 days, up from 12 in October 2021.
OUTSTANDING FACTS
Single Family Home
In October 37.5% of luxury single-family homes sold above list price and 54.2% sold at or above list price, which was up from 35.1% in September.
Highest number of sales is in the $2,300,000-$2,699,999 price bands.
Highest sale was $6.5M.
ILHM Sales Ratio was decreased to 11.6% in October from 19% in September.
It’s Buyer’s market after long time Seller’s market/Balanced market.
Attached Home
In October 12.6% of luxury attached homes sold above list price and 31.9% sold at or above list price.
Highest number of sales is in the $800,000-$899,999 price band.
Highest sale was $10.98M.
ILHM Sales Ratio was increased to 28.3% in October from 26% in September.
CURRENT LUXURY LISTINGS
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