Quantcast January 2021 Oahu Real Estate Market Breaks Records | Locations
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January 2021 Oahu Real Estate Market Breaks Records

Lack of for-sale inventory is the biggest challenge to the Oahu real estate market. With fewer homes for sale, both prices and buyer competition have increased. Market conditions are very favorable for current homeowners with equity to move up to a newer or larger home, or to a different neighborhood. It’s also a great time to be a seller, with prices above last year’s levels, increasing sales, falling Days on Market and rising bid-ups. With interest rates below three percent, prospective homebuyers also have greater purchasing power than ever before.