Honolulu Homes by Glenn Perry
Trusted by Hawaii Homeowners & Home Sellers For Over 20 Years
Carolyn, Honolulu
"Great agent to work with. Work tirelessly and above and beyond the line of duty."
Peer Reputation
"Glenn routinely went out of his way to meet my requests and requirements and most importantly, he earned my trust."
Todd, Honolulu
"Glenn was excellent during the negotiation process… and further represented us during the home inspection and final walk-through, as we live in California. Glenn professionally facilitated the entire process through closing, what a pleasure he has been to work with!"
Bruce & Pam, Honolulu
"This is the 2nd Hawaii property (Honolulu & Kona) Glenn Perry has SOLD for us. We have total trust in his ability not only as a Realtor, but as a person. For my wife & I, we say, 'In Glenn Perry, we trust!' Mahalo Nui Loa, Glenn, for all your efforts - we needed it on this sale."
Ron & Dottie, Honolulu
$519,750 FS
$2,350,000 FS
$2,175,000
Local Market Updates
O‘ahu Home Sales Rise Month-to-Month, Remain Down Year-Over-Year
Year-to-date, median sales prices dip for single-family homes and condos
Closed sales of single-family homes and condos declined year-over-year, dropping 19.7% and 16.9%, respectively; however, compared to a month ago, single-family homes recorded a 12.5% uptick in sales, while condo sales remained steady.
Compared to 2022, the median sales price for a single-family home dipped 1.4% to $1,110,000, while the condo median sales price increased 3.3% to $515,000. From a year-to-date perspective, the median sales prices for O‘ahu properties fell for single-family homes to $1,050,000, a 5.7% decline from last year, and for condos to $502,000, down 1.6%. Around 33% of single-family homes and approximately 26% of condos sold above their original list price, with sellers receiving an average of 99.1% and 99.6% of their original list prices, respectively.
Sales volumes varied significantly, with single-family homes in the $900,000 to $1,199,999 range seeing a 39.2% decline and a 13.1% increase in the more affordable $600,000 to $899,999 range. For condos, the $100,000 to $499,999 price range experienced the most significant decline in sales volume, falling 24.3% year-over-year, while higher price points remained stable.
August saw more active inventory of single-family homes in the $799,999 and below range, rising 33.8% from a year ago. The Kāne‘ohe and Leeward regions experienced the largest increase in units of active inventory, with year-over-year increases of 52.9% and 16.7%, respectively. Condo inventory increased at most price points, with the bulk of the active listings in the $300,000 to $699,999 range, reflecting a 20.7% hike compared to last year.
Questions? Please contact Glenn Perry (RA) at 808-282-6474.
The information contained in this report is provided to the National Association of REALTORS® and the Hawaiʻi State Department of Economic Development, Business and Tourism for its official reports. This report reflects information about resales of existing properties only and does not include new home sales. All of the MLS information is compiled from sales reported during the cited months; this data is known only after closing of escrow. This report is provided as a service to HBR members.
Contact Glenn Perry (RA) Certified Residential Specialist
Glenn has been in real estate sales for over 14 years and has over $28M in closed sales.
Glenn Perry (RA) CRS
Real Estate Associate
Compass
License #RS-53176
Email: glennperry@compass.com
Phone: 808.282.6474
"I am very happy in my new home – which Glenn’s sales of my other two properties made possible."