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Honolulu Hawaii Housing Market Overview

The Honolulu real estate market presents unique opportunities for homeowners considering a sale. With a median sale price of $570,000 — 33% higher than the national average — the market remains robust despite recent adjustments. Current data shows homes typically spend about 85 days on the market, receiving an average of two offers per property. This paradise location continues to attract buyers from major mainland cities like Los Angeles, Seattle, and New York. Recent trends indicate some interesting shifts in the market dynamics. While the median sale price has experienced a slight 1.6% decrease year-over-year, the sale-to-list price ratio has improved to 97.7%, reflecting strong buyer interest. Notably, 15.4% of homes are selling above list price, a 1.5 percentage point increase from the previous year. The increasing number of price adjustments, with 15.2% of listings experiencing reductions, indicates a market that’s finding its balance. This shifting landscape creates opportunities for sellers who price their homes strategically or consider alternative selling methods that offer greater certainty and speed.

Why now is a good time to sell your property in Honolulu Hawaii

We serve throughout Oahu, including Honolulu, Kailua, and Kaneohe. Our team’s extensive knowledge spans every neighborhood in Honolulu, and we understand local challenges. These include Hawaii’s unique tropical climate maintenance requirements, neighborhood-specific property values and trends, as well as the complex local real estate regulations that differ from those on the mainland. We also take into account special considerations that apply to different property types.

Experience a Better Way to Sell Your Honolulu Home

Benefits of Owner Advocate

Benefits of Owner Advocate
Our streamlined process includes an initial consultation, followed by a thorough property evaluation, after which we present a cash offer and facilitate a fast closing. We eliminate the traditional hassles associated with home sales, such as requiring repairs or renovations, staging the property, managing multiple showings, handling all paperwork, and covering all closing costs. Our deep understanding of the local market ensures that we provide competitive offers for properties across Honolulu, ranging from desirable Waikiki condos to charming Manoa homes.
$570,000
Median Sale Price
97.7%
List Price to Sale Price Ratio
85
Median Days on Market
$709
Price Per Square Foot
15.4%
Percent of Sales Over List Price
15.2%
Percent of Listings with Price Cuts
268
Number of Homes Sold (Month)
33%
National Price Comparison
85%
Cost of Living vs National
(Metrics from Redfin)
How does this data help me?
The Owner Advocate displays market data by showing market changes in locations across the USA
City Map
Honolulu Key Takeaways
Median Sale Price:
$570,000
Honolulu housing market is changing
$570,000
The average home value is $570,000 and goes to pending in around 85 days.
85
Average Days on Market
on average for MLS listed homes
Don't wait!
Now is a great time to sell your home.
Get the best cash offer for your property
Your home has more value than you might expect.

Why now is a good time to sell your property in Honolulu Hawaii?

Common situations that necessitate a quick sale include military PCS orders, preventing foreclosure, managing an inherited property, or navigating divorce proceedings. Our network of buyers provides peace of mind for homeowners in these difficult circumstances. With homes averaging 85 days on the market and generating only two offers per property, our 10-day closing guarantee presents a superior solution. We understand Honolulu’s unique real estate challenges and provide tailored solutions for your specific situation to ensure a smooth transition.

Frequently Asked Questions About Selling Your Honolulu Home

Q: How quickly can you close on my Honolulu home?

A: We can typically close in as little as 10 days, though we’re happy to work with your preferred timeline. As a real estate solution in Honolulu, we understand that timing can be crucial, especially given the current average market time of 85 days.

Q: Do you buy homes in as-is condition?

A: Yes, our network operates across Oahu and works with properties in any condition — from pristine homes in Manoa to properties needing major repairs in Aiea. There’s no need for repairs, cleaning, or staging.

Q: Are there any fees or commissions?

A: No fees whatsoever. We cover all closing costs, saving you thousands compared to traditional sales. What we offer is what you receive without hidden costs.

Q: How does your process work?

A: Simply contact us, receive an offer within 72 hours, and close in as few as 10 days. No repairs, no showings, no waiting.

Q: What types of properties do you buy?

A: We buy all residential properties in Honolulu County — including single-family homes, condos, townhouses, and multi-family units.

Q: Which areas do you serve?

A: We serve properties across Oahu, including Honolulu, Kailua, Kaneohe, Pearl City, Waipahu, and Kapolei.

Get Top Dollar for your Home

Ready to sell your Honolulu home fast? Get a fair cash offer within 72 hours and close in as few as 10 days. Owner Advocate provides:
  • Quick closings across Oahu
  • No repair requirements for your property
  • Zero fees or commissions for home sales
  • In-depth local market knowledge
  • Stress-free transactions throughout the process
Why Choose Us:

  • Whether you own a Waikiki condo or a Manoa Valley home, our network of buyers works with properties in any condition.
  • Skip the traditional selling hassles and proceed with confidence in a quick and efficient process.
  • Contact us today to start your simplified home sale journey and enjoy a smooth transition.
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