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Honolulu Reporter

Thursday, November 21, 2024

Home prices in Honolulu County during August 2024 fell compared to the same period in 2023

Realestate1

In August, the median sale price of a home in Honolulu County fell by $465,000 from the same period in the previous year, while total sales increased by 16.8%, according to BlockShopper.com.

Data shows that there were 641 homes sold in August, with a median sale price of $855,000 - a 35.2% decrease from the $1,320,000 median sale price for the same period of the previous year. There were 549 homes sold in Honolulu County in August 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 August's median home sale price.

The following histogram displays changes in median sales prices in Honolulu County from August 2023 to August 2024.

August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024August 2024$1,320,000$1,320,000$1,390,000$1,390,000$1,264,000$1,264,000$1,296,000$1,296,000$1,209,000$1,209,000$1,205,000$1,205,000$1,358,600$1,358,600$1,290,000$1,290,000$1,300,000$1,300,000$832,500$832,500$1,450,000$1,450,000$855,000$855,000$855,000$855,000

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