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Inventory is growing across Oahu, giving buyers more options than we’ve seen in months. Single-family home listings are up 3.7% year-over-year, while condo listings jumped 7.4%. Popular neighborhoods like Hawaii Kai, Kaneohe, Makakilo, and Waipahu are seeing more choices for buyers looking to make a move.

Sales remain steady overall, but pricing trends are shifting. Single-family home sales held flat compared to last year with 261 transactions. Condo sales rose 9.4%, reaching 443 units. Luxury homes priced at $1.9M and above surged 39%, though most closed below asking price. Meanwhile, mid-range single-family sales between $700K–$999K dipped nearly 19%.

What Sellers Should Know

Competitive pricing matters more than ever. If you’re thinking of selling, success today means:

• Setting prices based on current market trends
• Addressing repairs and unknowns upfront
• Partnering with an agent who maximizes your property’s visibility and value

Homebuying Momentum

Mortgage applications for conventional, FHA, and VA loans are climbing. Buyers nationwide are taking advantage of more inventory and slower price growth. According to the Mortgage Bankers Association, this is the strongest start to November since 2022.

Prices at a Glance

• Single-family median: $1,162,500 (↑ 5.7% vs. 2024)
• Condo median: $535,000 (↑ 1.9% vs. 2024)

Bottom Line

With more homes on the market and prices leveling off, there’s opportunity for both buyers and sellers. Whether you’re planning to buy or sell, now is the time to explore your options. Curious what this means for your home or next move? Let’s connect.