September Brings Sales Gains for Oʻahu’s Housing Market
Single-family home and condo sales climb while inventory remains elevated
Single-Family Home Resales
Number of Sales | Median Sales Price | |
---|---|---|
September 2025 | 276 +27.2% | $1,155,000 +3.8% |
September 2024 | 217 | $1,122,722 |
Condominium Resales
Number of Sales | Median Sales Price | |
---|---|---|
September 2025 | 408 +11.5% | $508,750 -1.7% |
September 2024 | 366 | $517,500 |
The September median sales price for single-family homes was $1,155,000, up 3.8% year-over-year, while the condo median sales price dipped 1.7% to $508,750. Year-to-date, the single-family home median sales price rose 4.1% to $1,145,000, while condos edged down 1.0% to $505,000.
Properties spent more time on the market compared to a year ago. Single-family homes recorded a median of 26 days on market, up from 19 in September 2024, while the condo median was 40 days compared to 31 the same time last year.
“Sales activity gained strong momentum in September, closing out the quarter on a high note,” said Trevor Benn, President of the Honolulu Board of REALTORS®. “Even with more listings on the market and slightly longer decision timelines, buyers remained active across a wide range of price points, showing resilience and confidence in Oʻahu’s housing market.”
New listing activity slowed overall, with single-family home listings down 6.0% year-over-year to 330. Condo listings saw a 1.1% bump to 638. For the quarter, new listings fell 4.1% for single-family homes and 0.4% for condos, though both markets remain ahead year-to-date—up 7.0% for single-family homes and 12.0% for condos.
Active inventory levels continued to offer buyers more choice. Single-family listings saw a 5.7% boost compared to last September, while condo inventory rose 23.3%. Contract signings were mixed: pending single-family sales fell 11.8% year-over-year to 239, while pending condo sales increased 2.5% to 409 from 399 in September 2024.
In the single-family home market, sales increased across most price ranges, with notable gains in the $800,000 to $899,999 bracket — up 81.0%, from 21 to 38 sales — and the $1.4 to $1.59 million range, which doubled from 17 to 34 sales. Roughly one in four single-family homes sold above asking price, down slightly from 29% last year.
Condo sales activity increased across multiple price points. The $100,000 to $299,999 range more than doubled from 32 to 70 sales, while the $500,000 to $599,999 range rose 63.6% year-over-year, with 72 sales versus 44. Just 8% of condo sales closed above asking price, down from 14% a year ago.