For the state of Hawaii as a whole, the number of sales remains the same for single-family homes but are up 5% for condos when compared to last month. The numbers show that median single-family home prices remain the same when compared to last month and up 3% when compared to June 2014. Median condo prices are down 12% when compared to May 2015, and down 8% from a year ago.

Statewide, it took a median of 36 days to sell a single-family home and 29 days to sell a condo.

The number of single-family home sales is down 15% on the Big Island, down 8% on Kauai, up 7% on Oahu, and 12% on Maui. When compared to June last year, the Big Island is down 2%, Kauai is down 10% while Oahu is up 5% and Maui is up 3%.  

Of all the islands in June, Oahu has the highest price for single-family homes at $700,000 while Maui has the highest median price for condos at $355,000. The Big Island has the lowest prices for single-family homes and condos at $285,000 and $286,750 respectively.

Single-Family Home Median Prices

$285,000  - Big Island

$570,000 - Kauai

$650,000 - Maui

$700,000 - Oahu

Condo Median Prices

$286,750 - Big Island

$306,504 - Kauai

$339,000 - Oahu

$355,000 - Maui

Maui's single-family homes showed the largest increase in median prices when compared to last month at 5%.  All of the islands show a decrease in condo price, Maui being the largest, down 21%. 

When compared to last month, the number of condo sales are up 2% on Kauai, and 10% on Oahu while the Big Island is down 4% and Maui is down 9%. When compared to June last year, Oahu is up 24%, Maui is up 9%, and Kauai is up 17% while the Big Island is down 2%.

When we compare median single-family home prices to a year ago, Oahu remains the same, Maui is up 22%, the Big Island is down 4%, and Kauai is up 2%. When we compare condo prices to June last year, Oahu is down 6%, Maui is down 18%, the Big Island is up 7% and Kauai remains the same.

These statistics reflect the entire state of Hawaii as a whole as well as the individual islands, but real estate is local, and each island, region and neighborhood has its own market trends. Contact a Locations agent today for even more hyperlocal real estate market information.

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