O'ahu Real Estate Market Report – June 2025

O'ahu Real Estate Market Report

The data’s in—and it might surprise you. Condo prices are slipping, inventory is piling up, and nearly 42% of active condos have had a price cut. But single-family homes? They're holding strong. Sales rose 12% year-over-year, especially in the hot $800K–$1.1M range, where demand is alive and well. If you’re a seller with a well-priced, well-presented home, this is your moment. Buyers are still showing up for single-family homes, especially in sought-after neighborhoods, and willing to pay close to asking when the property shines.

Speaking of choices, there are a lot more of them. Condo inventory is up a massive 47% year-over-year, and homes are sitting longer: 24 days for single-family, 40 for condos. Buyers have room to breathe and negotiate. Sellers? It’s time to get real with pricing and prep—no more “wait and see.”

Median home prices held steady at $1.125M, but condos dipped to $510K. That tells the story: demand is cautious, and buyers are winning the timing game. But well-priced, move-in-ready listings are still moving fast.

This report reflects information about re-sales of existing properties only and does not include new home sales. All the MLS information is com­piled from sales reported during the cited months; this data is Known only after closing of escrow. The time delay between the signing of a sales contract and the closing of escrow is usually between one and three months. This report is provided as a service to HBR members. Note: Percentage change compares data from June 2025 to June 2024.