|The March 2022 Oahu Hawaii Housing Inventory Snapshot represents aggregated values based on Honolulu MLS data as of March 31, 2022. Each inventory category includes a link providing the current Honolulu MLS listings for that particular category. The prices presented in the table are average prices meaning that the presented price includes homes priced well below the average list price. The table does not provide the 30-day trends for the list price, sold price, days on market or available listings. If you are interested in a more detailed table with trend percentages, click here to register to receive the monthly report via email.
|The trend for the average list price and for the average sold price for all categories has risen for March 2022. The average days on market has marginally increased for all categories except luxury single family that has accelerated with 31 fewer days on market before having an acceptable purchase contract. Additionally, the number of active listings has decreased for all categories. With supply waning, demand will contribute to increases in average list price and the average sold price. The increase in prices is also likely contributed to supply chain price increases too. Given the near term persistence of the supply chain issues, the potential exists for an upward trend in prices regardless of demand.
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