In August 2023, the median sale price of a home in Honolulu County rose by $420,500 from the same period in the previous year, while total sales decreased by 6.9%, according to BlockShopper.com.
Data shows that there were 549 homes sold in August 2023, with a median sale price of $1,320,000 - a 46.7% increase over the $899,500 median sale price for the same period of the previous year. There were 590 homes sold in Honolulu County in August 2022.
For context, the median sales tax in Honolulu County, based on the latest available data from 2022, was $2,466, which stands at 0.2% of August 2023's median home sale price.
The following histogram displays changes in median sales prices in Honolulu County from August 2022 to August 2023.