Oahu Real Estate Market update May 2025

 

Market Highlights:

• Condominium sales declined 21.8% to 374 transactions in comparison to May 2024.
• The single-family home median sales price rose 8.3% year-over-year to $1,175,000
• DOM for Single-family homes was 21 days in comparison to 39 for condominiums.
• Single-family home sales declined 5.6% compared to May 2024.

——The Highest MLS Sales——

 $13,000,000 Cash and Conventional

1288 Ala Moana Blvd #B, Honolulu 96814 (Hokua)

3 Beds, 3 1/2 Baths 

4,146 Sq. Ft. Living

Year Built: 2006

List price: $15,888,000

MLS 202427233

 $6,100,000 Cash

2161 Kalia Rd #800, Honolulu 96815 (Waikiki Shore)

2 Beds, 2 Baths 

Sq. Ft: 1,158

Year Built: 1960

List price: $5,900,000

DOM: 3

MLS 202508181

—— Nationwide Market Trends ——

Source: NAR Research 

—— Desi's Newest Painting ——

MAHALO!

Thank you for connecting with me and please reach out with any questions.

Looking forward to working with you now or in the future...

Sincerely,

Desi