Market Updates

Oahu real estate market update! What is the Oahu real estate market doing right now?

Neighborhood Insights

The Kiriu Sasaki Team pulls and analyzes data from major neighborhoods across Oahu that encompass active and sold properties. We update this information quarterly to ensure that the Kiriu Sasaki Team is your neighborhood expert. If you’d like a more detailed analysis of your property, call 808-721-2032!

 

Q4 2025

Q3 2025

 

Oahu Real Estate Market Report

Learn all about Oahu's real estate market, including trends in median sales price, number of closed sales, days on market until sale, housing supply, and more!

 

DEC 2025

O'ahu Housing Market Closes 2025 with Gains in Sales

Mortgage rates, insurance costs, and broader economic conditions influenced O'ahu's housing market in 2025

 

O'ahu's housing market closed 2025 with signs of stability, shaped by steady mortgage rate movement, shifting affordability dynamics, and changing conditions in the condo market. While overall sales activity remained relatively flat compared to the prior year, buyers benefited from increased inventory and more choice, while sellers faced a more competitive environment. Our latest report summarizes key data from December 2025 and highlights trends that defined the full year.

Highlights from our December Monthly Statistics Report:

Compared to 2025:

• Combined single-family home and condo sales grew 0.6% year-over-year. Single-family home sales rose 3.5%, while condo sales declined 1.1%. In total, 2,890 single-family homes and 4,408 condos were sold in 2025.

• The median sales price for single-family homes increased 3.5% to $1,139,000, while the annual condo median price softened 1.5% to $507,250.

• Homes spent more time on the market, with median days on market increasing to 23 days for single-family homes and 44 days for condos.

In December 2025:

• Single-family home sales increased 18.4% year-over-year to 270 transactions, while condo sales rose 11.5% to 360.

• The median sales price for single-family homes increased 4.3% to $1,100,000, while the condo median price declined 5.2% to $512,000 following December 2024's record high.

• Median days on market increased for condos from 36 to 44 days, while single-family homes saw a smaller change, rising from 20 to 22 days year-over-year.

• New listings declined in both markets, with single-family home listings down 7.9% and condo listings down 1.3% compared to last December.

• Active inventory for single-family homes declined 5.9% from year-end 2024 levels, while condo inventory remained higher than a year ago, up 12.3%.

"In 2025, O'ahu's housing market was shaped by a combination of economic, financial, and policy-related factors that influenced how buyers and sellers approached the market," said Aaron Tangonan, president of the Honolulu Board of REALTORS®. "While overall activity remained steady, increased inventory, shifting costs, and broader uncertainty changed the pace and dynamics of transactions across both markets."

Source: Honolulu Board of Realtors

 

NOV 2025

SEP 2025

JUL 2025

MAY 2025

OCT 2025

AUG 2025

JUN 2025

APR 2025

 

MAR 2025

FEB 2025

 

JAN 2025

 

If you would like to see previous market reports, please email Carlee at Carlee.Hirano@remaxhawaii.com.


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