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While historically low inventory combined with enough buyer demand have prevented any dramatic change in the median price point and average days on the market, these two factors are equally responsible for creating fluctuations in sales volume.
At first glance, affluent buyers looking to purchase a luxury property in Hawaii will find that the overall market seems to have changed very little when we compare the data year-over-year at the end of August.
This month we look back at the first six months of 2023 to analyze the status of the luxury real estate market in Hawaii as we hit the half-year mark.
Take a closer look at the luxury real estate market in Hawaii. Explore some of the trends that are likely to be prominent this summer and throughout the remainder of 2023.
As Corcoran celebrates its 50th anniversary at BeCorcoran this year, agents can expect keynotes, market advice, networking opportunities and more.