The Oʻahu housing market continues to adjust as we move through mid-2025. July brought a mix of slower sales, more options for buyers, and shifting strategies for sellers. While single-family home sales fell slightly—down just over 7% compared to last year—condominium sales held steady. Prices also moderated, with the median single-family home at $1,075,000 and condos averaging $490,000.
Despite these softer prices, activity is far from quiet. Accepted offers rose nearly 10% for single-family homes and more than 13% for condos, showing that buyers remain engaged and ready to act when the right property appears.
Buyers: More Choices, More Time
For those in the market to buy, conditions are improving. Inventory is on the rise, with 18% more single-family homesand nearly one-third more condos available compared to last year. That means more selection and less pressure to make rushed decisions.
Homes are also taking longer to sell. The median time on market is now 20 days for houses and 50 days for condos—a notable shift from the fast-paced market of recent years. Paired with steady interest rates, this gives buyers more room to negotiate and the ability to move thoughtfully when making one of life’s biggest investments.
Sellers: Success Takes Strategy
For sellers, the current market calls for preparation and precision. While some neighborhoods like Hawai‘i Kai and Metro are still moving quickly, the broader trend is toward slower sales and fewer bidding wars. Buyers today are informed, patient, and comparing options carefully.
That means the key to success is accurate pricing and strong presentation. A well-prepared home—professionally marketed and priced right from the start—stands out and attracts the serious buyers who are still very much in the market.
Looking Ahead: Data-Driven Decisions
With pending sales rising, we could see momentum build heading into fall. Still, this remains a market in transition. The best approach isn’t to try to “time the market,” but to make decisions based on current data and neighborhood-specific trends.
Whether you’re buying or selling, the opportunities are here—if you navigate with the right strategy.
Ready to Make Your Move?
If you’re considering entering the market or simply want clarity on today’s conditions, let’s connect. I’ll help you review the latest numbers, explore your options, and create a custom plan that works for your goals.
📩 Contact us today to schedule a consultation.
This report is based on re-sales of existing properties only and does not include new home sales. Data is compiled from MLS-reported sales in July 2025, with percentage changes measured against July 2024. Figures reflect closed sales, which typically lag one to three months after contract signing.
