Market Updates

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!

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!

JUL 2025

O'ahu Single-Family Home Sales Jump 20.5% as Median Price Rises

Sales above $1.3 million nearly doubled year-over-year, while one in three homes sold still closed under $1 million

More than 1,200 O'ahu properties priced at $500,000 and below have sold during the first seven months of 2026, with buyers closing on 211 properties in that price range in July to bring the year-to-date total to 1,214 sales. At month's end, 1,237 active listings remained available in that price range. Through the first seven months of the year, 34% of all single-family home sales closed below $1 million, while 47% of condo sales closed below $500,000.

Highlights from our July Monthly Statistics Report:

• Single-family home sales rose 20.5% year-over-year in July and remained up 6.5% year-to-date, while condo sales grew 6.9% year-over-year in July, despite year-to-date condo sales still trailing 2025’s pace by 0.8%.

• The single-family home median sales price rose 13.9% year-over-year to $1,224,500, driven in part by a 76.9% increase in sales between $1,300,000 and $1,999,999 (from 52 to 92 transactions) and an 83.3% jump in sales at $2,000,000 and above (from 24 to 44 transactions). The condo median sales price rose 3% to $504,500.

• Buyer demand remained strong for single-family homes, with a median of just 14 days on market compared to 20 days a year ago, while condo median days on market fell to 38 days from 50.

• The share of single-family homes selling above asking price rose from 26% to 33%, with sellers receiving a median of 100% of their original asking price. Condo sellers received a median of 96.6% of the asking price, with 11% of sales closing above asking, up from 8% a year ago.

• The average 30-year fixed mortgage rate remained below last year’s level but rose nearly a quarter point over the month, averaging 6.66% as of July 30 (Freddie Mac PMMS).

Source: Honolulu Board of Realtors

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

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