Oʻahu’s housing market saw a notable uptick in buyer activity in September, with both single-family home and condominium sales rising year-over-year and quarter-over-quarter. The increase in closed transactions, coupled with elevated inventory levels and longer days on market, suggests buyers are taking advantage of expanded options and adjusting price points.
Sales activity was especially strong in key price segments. In the single-family market, the $800,000 to $899,999 range surged 81.0%, while the $1.4 to $1.59 million bracket doubled year-over-year. Condo sales saw similar growth, with the $100,000 to $299,999 range more than doubling and the $500,000 to $599,999 segment increasing 63.6%.
Despite the rise in sales, properties spent more time on the market. Single-family homes recorded a median of 26 days on market, up from 19 days last year, while condos saw a median of 40 days, compared to 31 in September 2024. This shift reflects a more deliberate pace among buyers as they navigate a changing landscape.
New listing activity slowed in September, with single-family listings down 6.0% to 330, while condo listings edged up 1.1% to 638. Quarterly new listings declined slightly for both segments, though year-to-date totals remain ahead—up 7.0% for single-family homes and 12.0% for condos.
Inventory levels continued to expand, offering buyers more choice. Active single-family listings rose 5.7% year-over-year, while condo inventory jumped 23.3%. However, contract signings were mixed: pending single-family sales fell 11.8% to 239, while pending condo sales rose 2.5% to 409.
“We’re seeing buyers respond to increased inventory and more favorable pricing, especially in mid-range and entry-level segments,” said Mike James, president of Coldwell Banker Realty. “The September rebound in closed sales is a strong indicator that buyers are re-engaging with the market as conditions become more balanced.”
Sales of Single-Family Homes and Condos | September 2025
Source: Honolulu Board of REALTORS®, compiled from MLS data
Single-family home sales rose 27.2% year-over-year—from 217 in September 2024 to 276 this year. For the third quarter, sales increased 6.1%. Condominium sales climbed 11.5% year-over-year—from 366 to 408 units—and were up 2.8% for the quarter.
The median sales price of a single-family home in September 2025 was $1,155,000—a 3.8% increase from $1,112,722 in September 2024. Year-to-date, the median stands at $1,145,000, up 4.1% from $1,100,000 in the same period last year.Condominium prices dipped slightly. The September 2025 median was $508,750, a 1.7% decrease from $517,500 a year ago. Year-to-date, the condo median is $505,000, down 1.0% from $510,000 in the same period last year.
MARKET SPOTLIGHT
This month, we spotlight the most affordable Oahu neighborhoods. If you’re wondering where single-family homes are selling for under $1 million, and condos are selling for under $500,000, here’s the scoop. Happy hunting.
| Median Sales Price | ||
| Single Family | Year-To-Date | Year-To-Date |
| August 2025 | August 2024 | |
| Ewa Plain | $935,000 | $890,000 |
| Makaha – Nanakuli | $680,000 | $655,000 |
| Wahiawa | $852,000 | $825,000 |
| Waipahu | $940,000 | $950,000 |
| Median Sales Price | ||
| Condo | Year-To-Date | Year-To-Date |
| August 2025 | August 2024 | |
| Kalihi – Palama | $380,000 | $399,888 |
| Makaha – Nanakuli | $223,750 | $245,000 |
| Makiki – Moiliili | $377,500 | $400,000 |
| Moanalua – Salt Lake | $399,900 | $430,000 |
| Pearl City – Aiea | $450,000 | $481,500 |
| Wahiawa | $315,000 | $345,000 |
| Waikiki | $430,000 | $430,000 |
| Waipahu | $495,000 | $507,500 |
| Windward Coast | $372,000 | $354,950 |
For an up-to-date market analysis of your property, contact Coldwell Banker Realty today. We are happy to provide you with a current valuation on your home.
SOURCE: Honolulu Board of REALTORS®, compiled from MLS data.
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