O‘ahu Real Estate Market Snapshot - January 2026

The Oʻahu real estate market entered 2026 with quiet confidence, like a canoe gliding out of the harbor, steady, deliberate, and powered by consistent momentum rather than sudden waves.

Single-Family Homes: Strong Current, Limited Supply

Single-family home sales were essentially flat, down just 1.0% year-over-year, while prices held firm. The median sales price rose 0.2% to $1,122,500, underscoring continued value support. Inventory tightened further, with active listings down 8.2%, keeping supply lean at 2.8 months and competition elevated.

Nearly 31% of homes sold above asking price, particularly between $800,000 and $1.4 million, which accounted for almost 60% of all single-family sales. Homes moved efficiently, with a median of 27 days on market, and a 14.4% jump in pending sales points to sustained buyer demand heading into the spring.

Condominiums: More Room to Navigate

The condo market offered buyers more flexibility. Sales dipped 4.8% year-over-year, and the median price softened 1.9% to $529,000. Inventory expanded 5.8%, pushing supply to 6.0 months, giving buyers greater leverage.

Condos took longer to sell, with a 47-day median, and only 7% closed above asking price, as most sales occurred below list price, especially in the $700,000–$899,999 range. Still, pending condo sales rose 5.0%, signaling steady, selective demand.