Oahu Real Estate Market Update: July 2026 Key Trends & Insights
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| At Ward Village, Kakaako |
Key Market Indicators: July 2026 vs. July 2025
| Metric | Single-Family Homes (July 2026) | Single-Family YoY Change | Condos (July 2026) | Condos YoY Change |
| Closed Sales | 300 | +20.5% | 416 | +6.9% |
| Median Sales Price | $1,224,500 | +13.9% | $504,500 | +3.0% |
| Average Sales Price | $1,458,986 | +16.1% | $643,134 | -3.9% |
| Median Days on Market | 14 Days | -30.0% | 38 Days | -24.0% |
| Percent of Original Price Received | 100.0% | +0.6% | 96.6% | +0.3% |
| New Listings | 380 | +3.0% | 707 | +9.3% |
| Active Inventory | 802 | -5.9% | 2,554 | +3.9% |
| Months Supply of Inventory | 3.2 Months | -13.5% | 7.0 Months | +2.9% |
What’s Driving the Market?
Luxury and Mid-Tier Acceleration: The surge in the single-family median sales price ($1,224,500) was primarily fueled by strong movement in higher price brackets
. Sales between $1.5M and $1,999,999 jumped 55.6% (to 42 sales), while transactions between $2M and $2,999,999 climbed 70.6% (to 29 sales) .
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| Source: Honolulu Board of Realtors, MLS Data |
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| Source: Honolulu Board of Realtors, MLS Data |
Properties Moving Rapidly: Homes sold significantly faster compared to last year
. Single-family homes spent a median of just 14 days on market (down from 20 days), with sellers receiving a median of 100% of their original list price and 33% closing above asking price . Condos averaged 38 days on market (down from 50 days) . Divergence in Inventory Levels: Single-family active inventory dropped 5.9% to 802 homes, keeping months of supply low at 3.2 months
. Conversely, condo inventory expanded 3.9% to 2,554 listings, offering buyers 7.0 months of supply and greater room for negotiation .
If you are looking to buy, sell, relocate, or PCS-ing to Hawaii, and you have questions about the neighborhoods, real estate, or life in Hawaii, feel free to reach out—I’d love to help you!
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