In January, the median sale price of a home in Honolulu County fell by $988,750 from the same period in the previous year, while total sales increased by 588.6%, according to BlockShopper.com.
Data shows that there were 482 homes sold in January, with a median sale price of $1,205,000 - a 45.1% decrease from the $2,193,750 median sale price for the same period of the previous year. There were 70 homes sold in Honolulu County in January 2023.
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 January's median home sale price.
The following histogram displays changes in median sales prices in Honolulu County from January 2023 to January 2024.