Market Intelligence Report — HI-520

Urban Honolulu, HI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-HI-08
As of the latest 2026 data
Cooling

Median Listing

$674K
+0.8% YoY

Pending Ratio

0.32
-2.4% YoY

Active Inventory

3,494
+3.7% YoY

Median DOM

73 Days
-8.8% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Urban Honolulu market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Urban Honolulu, HI.

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The Urban Honolulu market is currently characterized by cooling conditions, with a pending ratio of 0.32 indicating that demand absorption is lagging inventory levels. Active listings increased by 3.7% year-over-year, further contributing to a less competitive environment for prospective buyers.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

2.8%+0.6 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

Data not yet available.

Shows whether the area is gaining or losing potential housing demand.

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Urban Honolulu market right now.

Active listings have expanded by 3.7% over the past year, accompanied by a 5.6% increase in new listings. While the median listing price saw a modest 0.8% year-over-year increase, the pending ratio declined by 2.4% over the same period, signaling a moderation in the pace of sales. Median days on market decreased by 8.8% year-over-year, suggesting some efficiency in transaction closure despite other indicators.

Historical Analysis

Market Trends

Median Price

$674K-0.1% MoM

Active Inventory

3,494+3.7% YoY

Days on Market

73-8.8% YoY

Sold Score™

45-2.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

45
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current dynamics suggest a more measured pace of transactions, with expanding inventory providing greater optionality for those seeking to acquire property. Elevated supply levels apply downward pressure on pricing discipline, potentially allowing for more deliberate negotiations. The absorption rate indicates that prospective purchasers have increased time to evaluate opportunities.

Luxury Segment

The significant spread between the average listing price ($1,151,315) and the median listing price ($674,000) suggests a concentration of high-value properties within the market. However, with the average listing price experiencing only a 1.2% year-over-year increase, there is no distinct signal of robust luxury-segment strength within this dataset, despite a 10.0% year-over-year rise in median $/sqft overall.

Supply Dynamics

3,494 active listings represent the current floor, with new supply arriving at roughly 904 per month.

Pricing Pressure
14.3%

of active listings carry a price reduction, +0.7% from prior period.

$/Sq Ft
$1K

Median price per square foot has moved +10.0% year-over-year.

Absorption
0.32

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Urban Honolulu, HI? Homes here are taking 7 days less to sell than last year.

Buyers have leverage in Urban Honolulu, HI. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
32%
Median Days on Market
73 days
Inventory YoY
+4%

In a buyer's market, strategy beats timing. See how your home scores in Urban Honolulu, HI and what moves the number.

See my Sold Score & selling strategy

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The Monthly Briefing

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Metro Demographics

Metro Area
Urban Honolulu, HI
CBSA Code
46520
State
HI

ZIPs in Urban Honolulu, HI

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Urban Honolulu?+

    As of the latest 2026 data, the Urban Honolulu metro is classified as Cooling. Pending ratio is 0.32 with median days on market at 73.

  • Are home prices dropping in Urban Honolulu?+

    Median listing price is $674K, +0.8% year over year. 14.3% of active listings carry a price reduction.

  • How fast are homes selling in Urban Honolulu?+

    The typical listing sits 73 days on market, a -8.8% change YoY. New listings are arriving at 904 per month.

  • What's happening in the Urban Honolulu luxury market?+

    The significant spread between the average listing price ($1,151,315) and the median listing price ($674,000) suggests a concentration of high-value properties within the market. However, with the average listing price experiencing only a 1.2% year-over-year increase, there is no distinct signal of robust luxury-segment strength within this dataset, despite a 10.0% year-over-year rise in median $/sqft overall.

  • Where can I find a trusted Urban Honolulu real estate expert?+

    Primpted maintains a vetted registry of Urban Honolulu agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 46520 · 36mo history