Hawaii Real Estate Market Update: October 2025
The Oʻahu residential real estate market concluded the month with modest increases in median sales prices across both single-family homes and condominiums, according to the latest report from the Honolulu Board of Realtors. These price gains were accompanied by a noticeable increase in the time properties spent on the market.
“The October market statistics for Oʻahu confirm the enduring strength of our median sales prices, particularly in the single-family home sector where the median climbed over five percent. However, a significant takeaway for both buyers and sellers is the lengthening median days on market,” said Sachi Braden, President and Principal Broker of Sachi Hawaii. “Buyers are exercising more deliberate due diligence, especially with a 19.6% jump in condo inventory providing more options. For sellers, this highlights the critical need for strategic pricing and optimal presentation to stand out in a market where buyers now feel less compelled to move quickly.”
Single-Family Home Resales
| Number of Sales | Median Sales Price | |
|---|---|---|
| October 2025 | 261 — | $1,162,500 +5.7% |
| October 2024 | 261 | $1,100,000 |
Condominium Resales
| Number of Sales | Median Sales Price | |
|---|---|---|
| October 2025 | 400 +9.4% | $535,000 +1.9% |
| October 2024 | 366 | $525,000 |
Sales volume for single-family homes remained flat year-over-year, recording 261 transactions. Despite the stable volume, the median sales price saw an upward trend, rising by 5.7% to $1,162,500.
A key development in this sector was the increase in market duration. The median days on market for single-family homes extended to 26 days, which is 10 days longer than the same period last year. Active inventory also rose by 4.6%, closing the month with 775 active listings.
The condo and townhome market experienced slight gains in both sales and price. Sales volume increased by 9.4%, and the median condo price ticked up 1.9% to $535,000.
Similar to single-family homes, condos and townhomes spent more time on the market, with the median days rising to 44 days, an 18-day increase from the previous year. Inventory saw a significant climb, up 19.6% year-over-year, ending the month with 2,341 active condo listings.
Although average mortgage rates generally trended lower throughout the reporting period, buyer activity showed only minor shifts. Contract signings indicated slight movement, with pending sales rising 4.0% in the single-family home market (260 pending sales) and 1.3% in the condo market (323 pending sales).
