Leave a Message

Thank you for your message. We will be in touch with you shortly.

Explore Our Properties
Background Image

May 2025 Oʻahu Real Estate Market Report: What Buyers and Sellers Should Know

The Oʻahu housing market in April 2025 continued its trend of price stability, even as sales activity softened. This month’s data shows how the market is adapting to higher interest rates, increased inventory, and shifting buyer behavior.
June 14, 2025

📈 Market at a Glance

  • Median Single-Family Price: $1,170,000 (+6.4% YoY)

  • Median Condo Price: $505,000 (–4.4% YoY)

  • Closed Single-Family Sales: 241 (–8.0%)

  • Closed Condo Sales: 395 (–8.4%)

  • Active Listings: 805 Single-Family (+30.3%) | 2,512 Condos (+59.4%)

Oʻahu’s market is balancing out. Home prices remain relatively steady, but a jump in active listings and slower sales signal increased opportunities—especially for buyers.


🔍 Key Market Insights

  • Affordability is front & center as buyers seek value amid high rates

  • Inventory is growing, giving buyers more negotiating power

  • Sellers are adjusting their pricing and expectations

  • Buyer behavior is shifting, with more focus on value and concessions


💼 What This Means for You

For Buyers:

More inventory means less competition and better pricing flexibility. This is a great time to:

  • Negotiate concessions or rate buydowns

  • Take time comparing options

  • Enter the market with long-term vision

For Sellers:

Homes are still selling, especially those that are:

  • Properly priced for today’s market

  • Professionally presented and move-in ready
    Flexibility is key—aggressive pricing or concessions may be necessary to stand out.

For Investors:

The market is beginning to normalize. Single-family homes are showing steady growth, while condos are softening—creating potential buy-and-hold opportunities.


🌺 Let’s Talk Local

Every neighborhood in Oʻahu responds to these trends a little differently. Want a custom market report for your area? We'd be happy to walk you through the numbers and what they mean for your real estate goals.

Reine Ah Moo and Shannon Smith

About the Author

Team Hawaii, affiliated with Berkshire Hathaway HomeServices Hawai‘i Realty, brings over 20 years of combined real estate experience to clients across the islands and globally. Led by Shannon and Reine, the team supports Buyers, Sellers, and Investors with a focus on 1031 exchanges, military relocations, and investment properties. Their partnership has expanded their global reach, elevated their marketing and technology, and connected them with a trusted network of real estate professionals. Known for their integrity, creativity, and deep local knowledge, Team Hawaii is committed to delivering results with spirit, style, and straightforward advice.

📍 931 Hausten St., Honolulu HI 96826
📞 (808) 343-4204

Follow Us On Instagram