If you’ve been thinking of selling your home, Summer 2022 might be the perfect time. With Oahu home prices at an all-time high and for-sale inventory near record lows, sellers often receive multiple offers over the asking price—sometimes within just a few days.

If you’ve been dreaming of moving to a newer or larger home “someday,” you might consider making that “someday” today! The current real estate market presents a great opportunity for homeowners: It’s now possible to leverage the large gains in home equity made over the last several years to trade up to home that meets your needs—in some cases, without adding to your monthly mortgage payment.

After the hottest summer home-buying season on record, the Oahu real estate market is beginning to return to its typical seasonal pattern as we head into the winter months. However, even as sales are dipping slightly from the summer peak, buyer demand remains strong — with record-high bid-ups and record-low days on market. With comparatively fewer homes for sale in the winter months and pent-up demand from buyers, there are several advantages for sellers who list their homes over the holidays.

Oahu single-family home inventory is at its lowest point in more than 40 years and condo inventory is dropping at an accelerating pace. Coupled with decades of pent-up demand, there’s no end in sight to current market conditions—making it an advantageous time for sellers and a critical time for homebuyers, especially first-time buyers.