Quantcast Oahu Single-Family Home Median Price Hits High for 2023 in May | Locations
×
×

Oahu Single-Family Home Median Price Hits High for 2023 in May

The Oahu single-family home median price surpassed $1.1M in May—the highest so far in 2023. Home sales also reached a high for the year last month and are trending up as we head into the summer home-buying season.

Although competition has eased from its peak in 2021, Locations expects competitive market conditions to persist, particularly in entry-level neighborhoods and neighborhoods with low for-sale inventory. In contrast, neighborhoods with growing inventory have seen an easing of competition and more significant price leveling, providing an opportunity for buyers.