O'ahu Housing Market Recorded Slowdown in Overall Sales Activity in May Single-family homes show pricing resilience amid steady demand; condo market reflects shifting dynamics HONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®, Oʻahu’s housing market recorded a slowdown in overall sales activity in May, particularly in the condominium segment. Single-family home sales dipped 5.6% year-over-year to 235 closed sales, while condominium sales dropped 21.8% to 374 transactions. Year-to-date, sales remained below 2024 levels, down 5.3% for single-family homes and 7.2% for condominiums. Using data collected from its computerized Multiple Listing Service (MLS) system, the Board reported the following statistics:   Single-Family Home Resales   Number of... 06/09/2025

It’s hard to believe, but it’s been over a decade since the first residents moved into Ka Malanai at Kailua, the only significant new construction condo project on Oahu’s Windward side in recent memory. Built in 2014 by D.R. Horton, Ka Malanai brought fresh, modern condos to an area previously dominated by older townhome communities — and now, ten years later, the numbers are in... Read More 06/08/2025

Across the U.S., more home sales are collapsing before they close — and Hawaii isn’t immune. According to Redfin, nearly 1 in 7 real estate contracts were canceled in recent months, making it the second-highest fallout rate ever recorded. While national headlines may sound dramatic, there’s real data behind the concern — and several local factors at play on Oahu, especially in the condo market... Read More 06/07/2025

               Latest rates, based on 20 percent down, $200,000 owner-occupant mortgages. The rates and terms may vary; check with lenders for details. Rates may have changed click here to verify Wednesday, June 4, 2025  Lender Term/Type Interest Rate % Points % *APR American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.375 2.000 5.814 30-YR Fixed 6.375 2.000 6.656 5-YR ARM 5.500 1.625 6.612 Bank of Hawaii877-616-2636 15-YR Fixed 5.500 0.875 5.636 30-YR Fixed 6.125 1.750 6.292 5-YR ARM 5.500 1.750 6.541 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.375 2.125 5.843 30-YR Fixed 6.250 1.875 6.521 5-YR ARM 6.250 0.000 6.894 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 5.250 2.125 5.804 30-YR Fixed 6.250 2.125 6.601 5-YR ARM 6.500 1.500 7.194 First Hawaiian Bank808-643... 06/05/2025

With mortgage rates hovering around 7% and homes spending over 120 days on the market, many Hawaii Kai homeowners are wondering: “Is this really the right time to sell?” While conditions might feel uncertain, there are actually strong indicators that this summer may be a smart window to list your property — especially if you’ve owned your home for more than a few years... Read More 06/02/2025

  Local Market Update  Downtown and Nu'uanu Honolulu, April 2025   Single Family Homes April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 3 / 10  -70% 21 / 21  0% Median Sales Price $1.28M / $1,179,870  8% $1.375M / $1.259,739  9% Percent of Original List Price Received 100.0% / 99.7%  0% 98.3% / 96.9%  1% Median Days on Market Until Sale 8 / 20  -60% 28 / 32  -13% New Listings 8 / 11  -27% 31 / 29  7% Pending Sales 4 / 5  -20% 22 / 24  -8% Active Inventory 21 / 20  5% ---    Condos April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 24 / 406  -40% 94 / 107  -12% Median Sales Price $525,000 / $608,000  -13% $522,500 / $590,000  -11% Percent of Original List Price Received 93.8% / 98.5%  -5% 95.1% / 98.4%  -3% Median Days on Market Until Sale 48 /... 05/29/2025

  Local Market Update  Diamond Head & Kapahulu Honolulu, April 2025   Single Family Homes April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 15 / 16  -6% 57 / 48  19% Median Sales Price $1.4M/ $1.1825M  18%   $1.375M/ $1.295M  6% Percent of Original List Price Received 96.8% / 95.8%  1% 97.4% / 96.9%  1% Median Days on Market Until Sale 25 / 14  79% 20 / 15  33% New Listings 25 / 21  19% 82 / 65  26% Pending Sales 16 / 14  14% 68 / 54  26% Active Inventory 52 / 42  21% ---    Condos April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 15 / 7  114% 31 / 25  24%  Median Sales Price $625,000 / $620,000  1% $605,000 / $620,000 -2% Percent of Original List Price Received 95.9% / 100.0%  -4% 95.9% / 99.2%  -3% Median Days on Market Until Sale 31 / 11  1... 05/27/2025

Condos along the Ala Wai Canal in the McCully/Moili'ili neighborhood of Honolulu. The area has a large community garden and dog park with promenades along the canal, making for an expansive recreation area for you and your pet.  Local Market Update  Makiki & Moili'ili Honolulu, April 2025   Single Family Homes April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 7 / 9  -22%  27 / 29   -7%  Median Sales Price $1.57M / $1.595M   -2%  $1.498955M / $1.595M  -6% Percent of Original List Price Received 93.8% / 97.5%  -4% 97.1% / 97.4%  0% Median Days on Market Until Sale 38 / 23  65% 31 / 23  35% New Listings 10 / 17  -41% 54 / 55  -2% Pending Sales 10 / 12  -17% 38 / 36  6% Active Inventory 39 / 45  -13% ---    Condos April Year to Date 2025 / 2024 Change% 2025 / 2024 Chan... 05/25/2025

  Local Market Update  Ala Moana & Kaka'ako Honolulu, April 2025   Single Family Homes April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 1 / 0   - 3 / 2  50% Median Sales Price $1.2M / - $1.24M / $1M  24% Percent of Original List Price Received 92.4% / - 92.4% / 94.7%  -2%  Median Days on Market Until Sale 46 / - 46 / 38  21% New Listings 3 / 0  - 6 / 3  200%  Pending Sales 1 / 0  - 3 / 2  50% Active Inventory 9 / 4  125% ---    Condos April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 49 / 52  -6%  183 / 148  24%  Median Sales Price $650,000 / $745,000  -13% $760,000 / $699,500  9% Percent of Original List Price Received 92.0% / 96.0%  -4% 95.1% / 96.1%  -1%  Median Days on Market Until Sale 79 / 65  22% 67 / 50  34% New Listings 109 / 88  24%... 05/23/2025

  Local Market Update  Waikiki Honolulu, April 2025   Single Family Homes April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales No Recorded Sales* No Recorded Sales* Median Sales Price $0 / $0  0% $0 / $0  0% Percent of Original List Price Received 0 / 0%  0% 0 / 0  0% Median Days on Market Until Sale 0 / 0  0% 0 / 0  0% New Listings 0 / 0  0% 1 / 0  0% Pending Sales 0 / 0  0% 0 / 0  0% Active Inventory 1 / 0  0% --- * Waikiki has very few single family residences and are rarely offered for sale.  Condos April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 88 / 107  -18% 300 / 344  -13% Median Sales Price $428,750 / $480,000  -11% $445,000 / $444,000 0% Percent of Original List Price Received 96.1% / 96.0%  0% 95.3% / 96.9%  -2% Median Days on Market... 05/21/2025

The Oahu real estate market continues to shift in 2025 — but instead of broad island-wide trends, it’s the neighborhood-level data that reveals the most important insights. In this April 2025 update, we break down which local areas saw the biggest spikes in home and condo sales, along with notable price jumps that could impact your next real estate move... Read More 05/19/2025

While Kakaako and Waikiki often grab headlines, Hawaii Kai offers some of the best hidden value in Honolulu’s condo market — especially when it comes to high-rise living. Nestled along the marina with mountain and ocean views, Hawaii Kai is home to eight official high-rise buildings, most of which were built in the 1970s and 1980s and feature larger units, great amenities, and lower prices than their urban counterparts... Read More 05/15/2025

The April 2025 housing market stats are in — and the shift continues. While prices for single-family homes on Oahu are holding strong, the real opportunity right now lies in the condo market, where inventory is climbing and buyers are regaining control. Whether you're in the market for a luxury estate or a starter condo, understanding where the market is headed can give you a real advantage... Read More 05/15/2025

O‘ahu Home and Condo Sales Cool Down Ahead of Summer Sales activity softens as more listings and active inventory continue to build across the market HONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®, both single-family home and condo sales declined in April. Single-family home sales fell 8.0% year-over-year with 241 closed sales, while condo transactions dropped 8.4% to 395. Year-to-date, sales volume remains behind 2024 levels, down 5.3% for single-family homes and 2.3% for condos. Using data collected from its computerized Multiple Listing Service (MLS) system, the Board reported the following statistics:   Single-Family Home Resales   Number of Sales Median Sales Price APRIL 2025 241  -8.0% $1,170,000  +6.4% APRIL 2024 262 $1,100,00   Cond... 05/11/2025

               Latest rates, based on 20 percent down, $200,000 owner-occupant mortgages. The rates and terms may vary; check with lenders for details. Rates may have changed click here to verify Wednesday, May 7, 2025  Lender Term/Type Interest Rate % Points % *APR American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.375 1.750 5.774 30-YR Fixed 6.375 1.875 6.643 5-YR ARM 5.375 1.875 6.660 Bank of Hawaii877-616-2636 15-YR Fixed 5.500 0.750 5.616 30-YR Fixed 6.000 2.000 6.189 5-YR ARM 5.375 2.000 6.575 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.375 1.875 5.803 30-YR Fixed 6.250 1.875 6.521 5-YR ARM 6.375 0.000 7.018 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 5.250 1.875 5.764 30-YR Fixed 6.250 2.000 6.589 5-YR ARM 6.375 1.500 7.067 First Hawaiian Bank808-643-... 05/08/2025

Tucked high above Hawaii Kai, Mariners Ridge offers some of East Oahu’s most breathtaking views — and right now, it’s one of the hottest real estate pockets with zero active listings. That’s right — as of May 2025, there are no homes available for sale on this coveted hillside, creating a unique window of opportunity for sellers and fierce competition among buyers... Read More 05/07/2025

East Honolulu is home to some of Oahu’s most sought-after residential neighborhoods — and two of the most talked-about in 2025 are Aina Haina and Niu Valley. While they’re located right next to each other, the real estate dynamics in each community tell very different stories. Whether you're a buyer, seller, or investor, understanding how these two neighborhoods compare can make all the difference in your next real estate move... Read More 05/03/2025

If you've been waiting for an opportunity to buy at The Watermark in Waikiki, your time may be now. In a dramatic shift, the number of active listings at this luxury condo building has jumped from zero in February 2025 to ten listings in May — a staggering 1,000% increase in inventory... Read More 05/01/2025

  Local Market Update  Diamond Head & Kapahulu Honolulu, March 2025   Single Family Homes March Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 5 / 4  25% 18 / 11  64% Median Sales Price $1M/ $1.285M  -22%   $1.4M/ $1.275M  10% Percent of Original List Price Received 96.9% / 90.6%  7% 95.9% / 96.0% 0% Median Days on Market Until Sale 26 / 74  -65% 28 / 49  -24% New Listings 7 / 6  17% 23 / 18  28% Pending Sales 6 / 10  -40% 18 / 19  48% Active Inventory 18 / 17  6% ---    Condos March Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 24 / 20  20% 70 / 67  4%  Median Sales Price $585,000 / $404,250  45% $517,500 / $500,000 4% Percent of Original List Price Received 95.4% / 97.5%  -2% 95.3% / 98.1%  -3% Median Days on Market Until Sale 83 / 18  361% 50 / ... 04/28/2025

Looking for the perfect blend of security, privacy, and luxury on the island of Oahu? Gated communities in Honolulu offer a lifestyle that combines exclusivity with island beauty — whether you’re dreaming of ocean views, lush mountain valleys, or beachside bliss.In this blog, we’ll take you through some of the most sought-after gated communities in Honolulu, from Nuuanu to Hawaii Kai, where you’ll find everything from classic kamaʻāina estates to modern custom-built masterpieces... Read More 04/27/2025