The initial effects of the coronavirus pandemic have passed, and Oahu market activity has returned to last year’s levels or better, as strong demand for housing and lack of supply for sale continues. With just 590 single-family homes for sale, inventory is at the lowest point in the 40 years that Locations has been tracking the Oahu real estate market. Record-low single-family home inventory, coupled with near historically low interest rates, pushed median home prices and competition to new highs in September, with four in 10 homes selling for above the asking price.

Oahu Single-Family Home Median Price Reaches All-Time High of $880,000 in September 2020.

For many extended families in Hawaii, living under one roof is not uncommon. In fact, Hawaii ranks first in the United States for the most multigenerational families sharing a roof, according to the U.S. Census Bureau.

The “condo lifestyle” can be appealing in many ways, especially in Hawaii. Here are ten helpful tips as you work to find the perfect one for you!