O‘ahu’s Housing Market Sees Mixed Activity Amid Ongoing Pandemic

Single-family home market marks new record and steady recovery,
while condos continue to trail 2019 activity

“A lack of inventory coupled with high demand from buyers looking to capitalize on historically low interest rates is driving a very competitive market for single-family homes on O‘ahu. This is an opportune time for sellers to list their properties as housing values continue to rise, and buyers are on the hunt for their forever homes,” said Tricia Nekota, president, Honolulu Board of REALTORS^®. “Our members have reemployed new technology and shifted how we serve our clients to ensure we keep O‘ahu’s real estate market moving. We continue to observe strict social distancing, use of face masks and sanitation to keep one another and our communities safe,” added Nekota.