O‘ahu Home Sales See Uptick in June while Condo Market Holds Steady
Year-to-date sales lag slightly behind 2024
According to resale figures released today by the Honolulu Board of REALTORS®, Oʻahu’s housing market experienced a slight boost in June, with single-family home sales rising 12% and condominium sales up 0.8%, year-over-year. Compared to the first half of 2024, year-to-date sales were down in both markets, 2.1% for single-family homes and 6% for condominiums.
“Single-family home inventory is gradually increasing, giving buyers more opportunity and options,” said Trevor Benn, President of the Honolulu Board of REALTORS®. “While we’re starting to see early signs of momentum returning to the market, overall sales trends still reflect some caution, particularly in the condominium market.”
Using data collected from its computerized Multiple Listing Service (MLS) system, the Board reported the following statistics:
Single-Family Home Resales
| Number of Sales | Median Sales Price | |
|---|---|---|
| June 2025 | 289 +12.0% | $1,125,000 +0.4% |
| June 2024 | 258 | $1,120,000 |
Condominium Resales
| Number of Sales | Median Sales Price | |
|---|---|---|
| June 2025 | 358 +0.8% | $510,000 -3.8% |
| June 2024 | 355 | $530,000 |
“In this nuanced market, many buyers and sellers are leaning on trusted professionals, like REALTORS®, to help them make sense of the data and make informed decisions,” added Benn. “Local expertise plays a key role in navigating this dynamic environment.”
New Listings and Active Inventory Rise
The resale market continued to see more sellers enter the market in June, with new listings for single-family homes rising 19.2% year-over-year to 398, and condo new listings up 7.9% to 671. Year-to-date, new listings have increased by double digits in both markets, up 13.2% for single-family homes and 18.4% for condos.
Active inventory of single-family homes rose 5.3% from a month ago, while condo active inventory inched down 0.5%. Compared to the same time one year ago, both the single-family home and condo markets offered more active listings, up 31.9% and 47.0% respectively. June ended with 861 active single-family home listings and 2,542 active condo listings.
At the midpoint of 2025, single-family home active inventory offered buyers more options than a year ago. Single-family homes offered at $899,999 and below grew by 49.6% year-over-year, with 202 active listings at the end of June.
With condo active inventory higher across all price points and regions, and units spending more time on the market, a growing share of condos have undergone price adjustments. Approximately 42% of units that were active at the end of June indicated a price decrease occurred since it was first listed, compared to 34% of active units in June 2024.
Sales Volume and Contract Signings Up in Some Areas
In June, single-family home sales activity shifted, with sales rising across most price points. The largest unit growth occurred in the $800,000 to $1,099,999 range, with 109 sales compared to 85 in June 2024, up 28.2%. Single-family home contract signings jumped in a number of areas, but most significantly in the Ewa Plain region, which rose 44.4% from 36 to 52 pending sales.
Condominium sales increased primarily in the lower to mid-range price points of $100,000 to $699,999, which accounted for 259 sales, an 11.2% boost from 233 sales in June 2024. Condominium buyers appeared to be more active in a few regions. Pending sales more than doubled in Hawaii Kai (from 7 to 20 units) and Waipahu (13 to 27), and rose 35.5% in Ewa Plain, from 31 to 42.
Median Sales Prices Change Modestly
The June single-family home sales price reflected a nominal change from a year ago, up 0.4% from $1,120,000 to $1,125,000. Approximately 35% or 473 single-family home sales closed below $1 million compared to approximately 42%, 568 sales, in the first half of 2024. Year-to-date, sales in the $3 million and above range climbed 34% with 71 sales compared to 53 during the same period in 2024. With this shift in sales volume, the year-to-date median sales price stood 6.0% higher than a year ago at $1,150,000.
The June condominium median sales price declined 3.8% year-over-year from $530,000 to $510,000. Year-to-date sales also indicated a small dip in median sales price, down 0.5% for the period at $507,250.
Homes Remained on the Market Slightly Longer
Both single-family homes and condominiums experienced more time on market compared to 2024, about one week longer for single-family homes and two weeks longer for condominiums. In June, the median days on market was 24 days for single-family homes and 40 days for condominiums.
As condo inventory swelled, units spent more time on the market before securing offers. In June, only a handful of regions indicated a condominium median days on market below 30 days, including Hawaii Kai, Kailua, Kaneohe and Waipahu.