Housing Inventory: Median Days on Market in Hawaii
MEDDAYONMARHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.00
Year-over-Year Change
22.06%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Days on Market in Hawaii' trend measures the typical number of days a home remains on the market before being sold in the state of Hawaii. This provides insight into the balance between housing supply and demand.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric represents the median number of days a home listing is active before a sale is completed in Hawaii. It's a key indicator of real estate market conditions, with shorter days on market typically signaling tight inventory and strong buyer demand.
Methodology
The data is collected through surveys of real estate brokers and agents.
Historical Context
Policymakers and analysts monitor this trend to assess the health of Hawaii's housing market.
Key Facts
- The current median days on market in Hawaii is X days.
- This represents a Y% change from the previous year.
- Days on market have been declining for Z consecutive months.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Median Days on Market in Hawaii' trend measures the typical number of days a home remains listed for sale before being sold in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the balance between housing supply and demand in Hawaii, which is a key indicator of real estate market conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of real estate brokers and agents in Hawaii.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the health of Hawaii's housing market and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be a short delay in reporting the most recent figures.
Related Trends
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Citation
U.S. Federal Reserve, Housing Inventory: Median Days on Market in Hawaii (MEDDAYONMARHI), retrieved from FRED.