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.
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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
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Bill Salvatore - East ...
Chandler, AZ
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: 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
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Bill Salvatore - East ...
Chandler, AZ
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
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