Hawaii Real Estate Market Summary
Explore Hawaii’s real estate market? Oahu, Big Island, Kauai, and Maui single-family home and condominium trends are summarized here.
On Oahu, single-family homes average $1.4 million in list price and sell for $1.3 million. The highest transaction was $14.5 million, and houses sold in 17 days.
Condominiums: List prices average $655,700, with sales prices at $642,800. The top condo sale was $4.9 million, and the average days on market is 25.
The average list price of single-family homes on Big Island is $798,100, but the average sales price is $1.1 million, showing high demand. The biggest transaction was $54.5 million, and residences average 60 days on the market.
Condominiums: Big Island condos average $935,200 list price and $915,200 closing price. Condos listed for 63 days and sold for $4.8 million.
Kauai Single Family Homes: Listings average $1.8 million and sell for approximately $1.7 million. The market averaged 55 days and the highest selling was $6.5 million.
Condominiums: Average list price is $945,000, selling for $901,900. The highest condo sale was $2.5 million, with a 70-day average.
Maui’s single family home market is top-tier, with an average list price of $2.1 million and a sales price of $2 million. Property listings last 144 days, and the top selling was $26.5 million.
Condominiums: Listings and sales average $1.2 million. Average market duration is 139 days, while the most expensive condo transaction was $7.1 million.
Each Hawaiian island has a unique real estate market, from luxurious homes to tranquil condos. The market has something for every buyer, from Oahu’s quick speed to Maui’s high-end, slower turnover.
Thank you Title Guaranty Hawaii for the information.