March 2022 Hawaii Real Estate Report – Record Median Sales Prices
Hawaii real estate reports found that the first quarter of 2022 closed with new record median sales prices for both single-family homes, and then condos at $1,150,000 and $515,500. The March median sales price for single-family homes reflects a 21.1% increase from last year. It is 2.2% above the previous record of $1,125,000 set just a month ago. The condo market’s median sales price of $515,500 represents a 14.3% hike compared to this time last year and a 1.1% increase from the prior record of $510,000 set in January 2022.
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