July 2021 Oahu Hawaii Housing Inventory Snapshot

By
Real Estate Broker/Owner with Hawaii Dream Realty LLC RB-19372

The July 2021 Oahu Hawaii Housing Inventory Snapshot represents aggregated values based on Honolulu MLS data as of July 31, 2021. Each inventory category includes a link providing the current Honolulu MLS listings for that particular category. The table does not provide the 30-day trends for the list price, sold price, days on market or available listings. If you are interested in a more detailed table with  trend percentages, click here to register to receive the monthly report via email.

 

The 30-day trend for the average list price for all categories, except luxury single family homes, rose slightly.  Luxury single family homes fell nearly 5 percentage points in their list price in the past 30 days. The average sold price for luxury market, for homes and condominiums alike, dropped significantly with luxury condominiums plummeting just over 23 percentage points.   

 

Inventory wise, all categories, except condominiums/townhomes which lost 23 listings, remained flat or had a slight increase. Our average days on market whether considering active or sold listings suggests the market is still supporting sellers. The luxury market seems to be losing steam. Overall, the trend supports a market likely transitioning to a flat market over the next quarter which is consistent with seasonal performance as we move out of summer. 

   

Housing Inventory Snapshot  July 31, 2021 
  Average List Price Average Sold Price Average DOM: active/sold listings Number of Listings
Honolulu County, HI
Click to Search Single Family under $1M [MLS Data Based on SFH] $1,260,204 $1,131,229 46 / 18 351
Click to Search Single Family over $1M [MLS Data Based on Luxury SFH] $6,614,638 $4,100,000 144 / 78 109
Click to Search Condo/Townhome under $500K [MLS Data Based on Condo/Townhome] $413,640 $456,517 87 / 33 807
Click to Search Condo/Townhome over $500K [MLS Data Based on Luxury Condo/Townhome] $2,331,466 $1,262,558 144 / 66 271

If you know someone who is considering buying or selling a home, please give me a call. I provide professional and courteous service and have first hand knowledge on Honolulu neighborhoods and communities.

 

If you are considering selling, our digital marketing strategy and distributed print media ensures that your listing gets exposure. If you want to know what your home is worth in the current market Click Here, or for more personalized service, contact me directly at 808-223-0429. 

Posted by

Aloha and Mahalo,

Theresa Harden
Principal Broker e-PRO, SFR, Realtor

Direct: (808) 223-0429
Office: (808) 735-2221
Toll Free (866) 800-7250

eFax: (866) 405-4274 

Skype: theresa.harden
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Waikiki Sales Office
2463 Kuhio Ave. C1
Honolulu, Hawaii 96815

Search for Oahu Real Estate For Sale www.Invest808.com

Oahu Property Management Services www.OahuRentalServices.com

Comments (3)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Theresa and thanks for sharing the market report with us here in the Rain.  Make it a great day!

 

Aug 14, 2021 12:32 PM
Bill Salvatore - YVP Blog
Arizona Elite Properties - Chandler, AZ
Realtor - Valley of the Sun / golfArizona@cox.net

Theresa,

Interesting on the Condos' plummetting 23%, I'm guessing they hit their max? thanks for the post.  Enjoy your weekend.  Bill Salvatore 

Aug 14, 2021 02:02 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Theresa Harden this is valuable information for both Buyers and Sellers in your area.

Aug 14, 2021 05:13 PM