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Statewide Quarterly Real Estate Report

2025 Q1

Market Statistics

MEDIAN PRICE MOVEMENT MIXED IN Q1 2025

Hawaii State median sale price movement is mixed in 2025 Q1, with the home price up 7% to $1,050,000 and the condo price down -3% to $550,000 from last year.

HOME AND CONDO SALES ACTIVITY DOWN IN Q1 2025

Hawaii State sales activity is down in 2025 Q1, with home sales down -7% and condo sales down -7% from last year.

MARKET TIMES MIXED IN Q1 2025

Hawaii State market times are mixed in 2025 Q1, with the home Days on Market down -14% to 32 and the condo Days on Market up 29% to 49 from last year.

SINGLE FAMILY HOMES This QUARTER 2025 Q1 Last QUARTER 2024 Q4 Last Year 2024 Q1
Median Sale Price $1,050,000 $980,000 $977,500
Average Sale Price $1,471,240 $1,232,216 $1,384,598
Homes Sold 1268 1384 1370
Median Days on Market 32 29 37
Bid Ups 20% 23% 21%
CONDOMINIUMS This QUARTER 2025 Q1 Last QUARTER 2024 Q4 Last Year 2024 Q1
Median Sale Price $550,000 $550,000 $566,000
Average Sale Price $804,968 $719,242 $779,370
Condos Sold 1323 1439 1428
Median Days on Market 49 42 38
Bid Ups 12% 15% 19%
MARKET REPORTS

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