The Oahu housing market kicked off the new year with stable activity in the single-family home sector alongside a slight softening in condominium sales, according to the latest January 2026 data. Single-family home sales dipped marginally by 1.0% year-over-year to 194 closed transactions, while the median sales price saw a slight 0.2% increase to $1,122,500. Conversely, condominium sales declined by 4.8% to 297, with the median price dipping 1.9% to $529,000.

Single-Family Home Resales

Condominium Resales

Source: HiCentral


Market dynamics continue to diverge notably between the two sectors, particularly regarding inventory and buyer competition. Single-family homes are experiencing higher demand against constrained supply, with active inventory falling 8.2% year-over-year. This competitive environment has led to 31% of single-family sales closing above the original asking price. In contrast, condominium buyers are finding more options, as active inventory grew 5.8% to 2,210 listings, and properties are spending a median of 47 days on the market.

“The January data illustrates a bifurcated market where single-family homes continue to see fierce competition, while the condominium sector offers buyers a more measured pace and expanded choices,” noted Sachi Braden of Sachi Hawaii. “Navigating these distinct environments requires a strategic approach, whether clients are looking to capitalize on the robust demand for single-family properties or exploring the evolving opportunities within the condo market.”

Despite the contrasting inventory levels, forward-looking indicators suggest a healthy pipeline of activity for both segments. Pending sales for single-family homes surged 14.4% year-over-year, alongside a 5.0% increase in pending condominium sales. Notably, homes priced at $500,000 and below accounted for 146 year-to-date sales, proving that the Oahu real estate landscape continues to provide diverse avenues for homeownership and investment across various price points as 2026 unfolds.