Your home in Hawaii

Hawaii's housing market has been experiencing price declines and weakness in sales, presenting new opportunities to homebuyers. Explore Hawaii's properties and find the right home.  View Hawaii's active real estate listings with our Oahu MLS search.

Click a neighborhood link on the left and checkout the area maps, driving instructions and public schools information.  For users' convenience, the lowest priced homes for a given neighborhood are at the top of the list.  Scrolling down the listings leads you to the higher priced properties.

Visit our Hawaii Real Estate Frequently Asked Questions page for answers to your real estate questions.

hawaii real estate search

What's an MLS?

MLS is an abbreviation for "Multiple Listing Service."  These are the services that provide listing information to realtors and their customers throughout the country.   Each region has its own MLS system.  In Hawaii, the largest MLS system is operated by the Honolulu Board of Realtors.  Listings are primarily for the island of Oahu. They also have listings for Maui, Kauai and the Big Island.   As a member of the Honolulu Board of Realtors, Mike Bates is able to present the listings on this website for public access.

Experience with Hawaii's real estate market

Mike Bates is a Realtor Associate with Savvy Realty & Loans, in Honolulu, Hawaii. Are you looking for a realtor that knows Hawaii? Mike's lived on Oahu for over 25 years. He's also lived on Maui, the Big Island and Molokai. Mike's primary market is Oahu properties. Our most current listings are at WaialaePunaluu and Waikele.

Buying homes in Hawaii

We assist residents and newcomers alike in finding homes. We can help you decide what location and home fits your lifestyle and budget. Mike is ready to help with your home purchase and offers a $500 buyers rebate, guaranteed in writing. See our Hawaii Home Buyers page for more information.

Selling your Hawaii home

Our marketing program includes extensive internet advertising as well as the local newspapers. Your property will be a featured listing on our website. Thousands of homebuyers will see your home when they search for Hawaii real estate.   Find out more by visiting our Hawaii Home Sellers page.

____________________________________________________________

Released: Tuesday, June 2, 2009 

HONOLULU - The Honolulu Board of REALTORS® released resale figures today for the month of May. According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are:

May 2009 Residential Resales Statistics for Oahu

Single Family Home Resales

Number of
Sales
This Month
Compared To
Median*
Sales Price
This Month
Compared To
May 2009
225
$ 550,000
April 2009
$ 585,000
dn 6.0%
May 2008
252
dn 10.7%
$ 649,500
dn 15.3%

Condominium Resales
Number of
Sales
This Month
Compared To
Median*
Sales Price
This Month
Compared To
May 2009
263
$ 305,000
April 2009
$ 310,000
dn 1.6%
May 2008
382
dn 31.2%
$ 337,300
dn 9.6%
*Median price means half the prices were above and half below the given price.

During May, sales of 225 single-family homes and 263 condominiums were reported through the Board's MLS, decreases of 10.7 percent for single-family homes and 31.2 percent for condominiums, compared to the same month last year. This brings total single-family home sales on Oahu to 853 for the first five months of 2009, a decrease of 27.8 percent over the same time period one year ago. Total condominium sales through April were 1,087, a 39.7 percent decrease from last year. The median prices paid for Oahu properties in the first five months of 2009 were $570,000 and $305,000, respectively, decreases of 9.5 percent for single-family homes from the same time period in 2008 and 7.6 percent for condominiums. The year-to-date total dollar sales volume generated in the housing market, through May, was $948.3 million, a decrease of 43.2 percent, or $721.8 million, compared to the $1.670 billion produced one year ago.

"The Oahu residential housing market is still weak but there are indications that we may be near the bottom," said Sandra "Sam" Bangerter, President of the Honolulu Board of REALTORS®. "Single-family home sales rebounded a bit in May and the sales speed of 49 days was faster than at the same time last year. While prices were lower for single-family dwellings, the condominium median price has been holding quite steady at just over $300,000. These are just some of the signals that our housing market may be starting to return to normalcy."

"Mainland cities have experienced significant inventory bloat and, with limited demand, this is the culprit in their falling prices," added Harvey Shapiro, Research Economist at the Honolulu Board of REALTORS®. "The fact that Oahu's inventory of available properties continues to be low is the important factor that is keeping our prices more stable. Prices in some single-family home neighborhoods, like Hawaii Kai and Mililani, are have decreased less than 7 percent, while prices in some condominium neighborhoods, like Kapahulu-Diamond Head, Ala Moana-Kaka'ako and Kailua, actually rose in May. In an otherwise lackluster housing market, these positives may predict a turnaround for real estate, even as the state's economic conditions continue to deteriorate."

____________________________________________________________

The Honolulu Board of REALTORS® also released annual resale figures for 2008:

Annual 2008 Residential Resales Statistics for Oahu

Single Family Home Resales

Number of
Sales
This Year
Compared To
Median*
Sales Price
This Year
Compared To
2008
2,741
$ 624,000
2007
3,627
dn 26.1%
$ 643,500
dn 3.0%

Condominium Resales
Number of
Sales
This Year
Compared To
Median*
Sales Price
This Year
Compared To
2008
3,933
$ 325,000
2007
5,499
dn 28.5%
$ 325,000
No Change

*Median price means half the prices were above and half below the given price.

During 2008, the number of sales declined from one year ago and the median price paid for a single-family home decreased by 3.0 percent and the median condominium price was unchanged from 2007. The following table provides the annual 2008 median prices for the Oahu neighborhood groups.

GEOGRAPHIC AREA SINGLE FAMILY HOMES Change CONDOS Change
Metro Oahu (Town) $ 722,500 Honolulu home median prices increased in 2008 $ 320,000 NC
Diamond Head $ 936,000 Diamond head single family home prices went down $ 437,500 Diamond head condo prices decreased in 2008
Hawaii Kai $ 850,000 Hawaii kai single family home prices down in 2008 $ 539,000 Hawaii kai townhomes and condo median prices went down in 2008 vs. 2007
Kailua $ 774,500 Kailua median home prices decreased in 2008 $ 415,000 Kailua townhomes and condo prices down
Kaneohe $ 663,800 Kaneohe single family home prices down compared with 2007 $ 400,000 Kaneohe townhome prices went up in 2008
North Shore $ 797,500 North shore oahu home prices went up in 2008 $ 360,500 North shore condo prices up 2008 vs. 2007
Central Oahu $ 580,000 Central oahu home prices down from 2007 $ 307,500 Central oahu townhome prices went up in 2008
Leeward Coast $ 380,000 NC $ 154,000 Leeward oahu condo and townhome prices down
Ewa $ 465,000 Ewa beach home prices down in 2008 $ 299,000 ewa townhome prices increased in 2008
Makakilo $ 560,000 Makakilo single family home sales 2008 $ 299,000 Makakilo townhome prices down during 2008
Waipahu $ 550,000 Decrease in Waipahu home prices $ 280,000 Waipahu townhome prices down
Pearl City $ 627,300 Pearl city home prices $ 302,900 condo and townhome prices increased in Pearl City
      Hawaii Association of Realtors | Honolulu Board of Realtors | National Association of Realtors
Site Navigation