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Research

Coronavirus Situation Affecting Oahu Sales

The effect of the coronavirus is impacting closed sales. Home and condo sales are down 23% and 47% respectively, compared to last year. For the longer term, home sales in the past 12 months are up 3% and condo sales down 10% from the previous 12 months.

Research

Effects of Coronavirus Pandemic Beginning to Show on Oahu Housing Sales

The effects of the coronavirus pandemic on Oahu home sales are beginning to appear, and a greater impact on housing sales is expected next month, as new escrows were down by 43 percent in April. While there were fewer sales in April, median prices for both single-family homes and condos were greater than last year—an indicator that Oahu housing values will hold steady.

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