As the Oahu real estate market continues to moderate, competition is easing slightly. The pace of sales has slowed over the past several months, and although median prices for both homes and condos are at all-time highs, the rate of increase is leveling off.

Locations Chief Operating Officer Chad Takesue and Locations Partner and Realtor® Priscilla Walthouse discuss the real estate market in Mililani. With a variety of neighborhoods and unique opportunities, Mililani offers options for almost everyone. They offer expert insight into the community, and tips for buying and selling in Mililani.

Locations Lead Real Estate Research Analyst John Jacobson and Locations Partner and Realtor® Cory Takata discuss the real estate market in 2022. Last year the market was hot with competitive. Now that we are halfway through the year they offer insight into the current market and the change of activities for buyers and sellers.

There are more signs of easing in the Oahu real estate market this summer, on the heels of last year’s supercharged market. Changes in homebuyer sentiment and decreased open house traffic that began to emerge last spring are now showing up as slowing sales. However, even as the market moderates, competitive conditions are still present due to persistently low housing supply and strong buyer demand.