Hawaii luxury real estate market soars to all-time highs

In the first three quarters of 2021, the number of Hawaii homes selling for over $3 million more than doubled from the number sold in the same period 2020. For homes above $10 million, the sales increased sixfold over that period. In many ways, Hawaii represents a larger trend fueled by the pandemic – homebuyers looking to focus on securing and finding a serene home. While the luxury market shifts for many reasons, this data reveals that the pandemic’s impact on home demand and homebuyer preferences spans across price points.