May Real Estate Market Stats Oahu, Hawaii

 

Market Highlights:

• In comparison to last month, sales are up for both single-family homes (26%) and condos (4.3%)
• The Ewa Plain recorded the largest share of single-family home sales at 25.6% (or 67 sales)
• The Leeward region had the most increase in active listings (55.6% or 70 active listings)
•  Condos in the $700,000 and up price range experienced a 48.5% drop in sales year-over-year
• Approximately 45% of single-family home sales and 45% of the condo sales received the full asking price or more. (in May 2022 that amount was 75% and 65%)

View Full HBR Report

——The Highest MLS Sales——

        

$11,040,000 Cash

588 Kulaiwi Dr, Wailuku 96793 (Maui)

5 Beds, 5 1/2 Baths 

Sq. Ft: 8,692

Year Built: 2008

List price: $8,675,000

DOM: 495

MLS 202224172

$10,000,000 Cash

1388 Ala Moana Blvd #5804, Honolulu 96814 (Park Lane)

3 Beds, 3 1/2 Baths

Sq. Ft: 3,120

Year Built: 2016

List price: $10,800,000

DOM: 213

MLS 202218951

——Statewide Market Trends——

For more information, please visit Housing Trends | Hawai'i Association of Realtors® (hawaiirealtors.com)

——Recipe of the Month——

Sun-Dried Tomato Basil Penne Pasta

——Fun Fact——

Desi's dad's birthday is in June. Happy Birthday, Dad! Cheers to be healthy and let us celebrate many more years together!

MAHALO!

Thank you for connecting with me and enjoy the rest of June, my Ohana!

Looking forward to working with you now or in the future...

Sincerely, 

Desi