August 2022 Oahu Hawaii Housing Inventory Snapshot

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

Oahu Housing Inventory Snapshot as of August 28, 2022

The August 2022 Oahu Hawaii Housing Inventory Snapshot represents aggregated values based on Honolulu MLS data as of August 28, 2022. Each inventory category includes a link providing the current Honolulu MLS listings for that particular category. The prices presented in the table are average prices meaning that the presented price includes homes priced well below and well above the average list price.  The table does not provide the quantified 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 numeric trend percentages, click here to register to receive the monthly report via email.


Housing Inventory Snapshot  August 28, 2022 
  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] $1,185,360 $1,168,602 53 / 25 475
Click to Search Single Family over $1M [MLS Data Based on Luxury SFH] $4,794,613 $3,507,400 99 / 31 145
Click to Search Condo/Townhome under $500K [MLS Data Based on Condo/Townhome] $499,180 $478,581 82 / 29 823
Click to Search Condo/Townhome over $500K [MLS Data Based on Luxury Condo/Townhome] $2,098,138 $1,470,433 138 / 39 282

The Single Family Home Market

The single family home market has remained relatively stagnant with respect to average list price and average sold price while inventory has crept upwards.  The luxury single family home markets continues to trend upwards with respect to pricing likely associated with less available inventory. 

The Condominium/Townhome Market

The condominium/townhome market has experienced an increase in list prices although the average sold price has dropped as has inventory.  With dropping inventory, the condominium/townhome market may be ready for an increase in average sold price. If you are in the market for a luxury condominium/townhome, both average list price and average sold price has dropped but so has the inventory. 

Oahu Housing Inventory Summary

Overall, inventory is providing more options to buyers but prices continue to make records despite the rising interest rates. Ultimately the affordability for those who need a mortgage is going to make the market more challenging.  However, no matter the market condition opportunity can present itself. For example, investors may just want out of the market for a variety of reasons and for tax purposes may be willing to list at below market values. Other times a listed investment property comes with a substantial amount of future revenue. Such opportunities only come to those who are actively looking and ready to pounce.

Ready to Assist

If you know someone who is considering buying or selling a home, please give me a call. I provide professional and courteous service and offer decades of experience 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 or email
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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2463 Kuhio Ave. C1
Honolulu, Hawaii 96815

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Comments (4)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Theresa. Thanks for the short and succinct summary of your current market conditions. Enjoy your day.

Sep 06, 2022 04:24 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em:

Thank you for sharing the information. Buyers and sellers in your area will benefit from your expertise. Wishing you continued success.  Have a wonderful day and sell a house.  bill

Sep 06, 2022 05:37 AM
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.

Sep 06, 2022 02:07 PM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Hello Theresa! Thank you once again for sharing this information with us here.

Sep 06, 2022 05:00 PM