In July, the median sale price of a home in Honolulu County fell by $485,000 from the same period in the previous year, while total sales increased by 45%, according to BlockShopper.com.
Data shows that there were 677 homes sold in July, with a median sale price of $855,000 - a 36.2% decrease from the $1,340,000 median sale price for the same period of the previous year. There were 467 homes sold in Honolulu County in July 2023.
For context, the median sales tax in Honolulu County, based on the latest available data from 2022, was $2,466, which stands at 0.3% of July's median home sale price.
The following histogram displays changes in median sales prices in Honolulu County from July 2023 to July 2024.