Oʻahu Real Estate Market Report – April 2026
What Buyers & Sellers Need to Know
Oʻahu’s real estate market showed mixed but steady activity throughout April 2026, with both single-family home and condo sales declining slightly year-over-year while buyer demand remained active across several price segments. Despite softer pricing compared to recent highs, homes and condos generally moved faster than they did one year ago, reflecting continued demand in many areas of the market.
According to the Honolulu Board of REALTORS® (HBR), Oʻahu recorded 608 combined condo and single-family home sales during April 2026.
Single-Family Homes:
Single-family home sales totaled 230 closed transactions in April, representing a 4.6% decrease compared to the 241 sales recorded during April 2025. While closed sales softened year-over-year, year-to-date residential sales remain ahead of last year’s pace, indicating that overall buyer activity continues to hold relatively steady.
The median single-family home price adjusted to $1,150,000 in April, down 1.7% year-over-year and slightly below March’s median of nearly $1.2 million. Despite the modest decline, Oʻahu home prices remain elevated by historical standards.
Homes spent a median of 24 days on market during April, selling faster than the 29-day median recorded one year ago. The relatively quick marketing timeline suggests continued buyer demand, particularly for well-priced and move-in-ready properties.
The strongest growth in residential activity occurred within the $900,000 to $1,099,999 price range, which saw a 37.8% year-over-year increase in sales activity.
Oahu Condo Market:
The condo market recorded 378 closed sales in April, a 4.3% decrease compared to April 2025. However, condo sales increased month-over-month from March, indicating some renewed buyer activity entering the spring season.
The median condo sales price adjusted slightly lower to $500,000, down 1.0% year-over-year. While pricing softened modestly, activity remained concentrated within more attainable price points, particularly in the $400,000 to $499,999 range, which recorded a 26.9% increase in sales year-over-year.
Luxury condo activity also remained active, with the $1 million to $1.99 million segment recording a 50% increase in transactions compared to April 2025.
Condominiums spent a median of 38 days on market in April, improving from 43 days one year ago. The faster pace suggests buyers continue to engage with available inventory despite elevated overall condo supply levels.
Inventory and Market Conditions:
Inventory levels remained mixed across Oʻahu during April.
Single-family home active inventory decreased 12.2% year-over-year to 707 active listings, while condo inventory declined 6.3% to 2,353 active listings.
New listings also declined in both segments:
Single-family new listings decreased 4.1%
Condo new listings decreased 18.0%
At the same time, pending sales increased year-over-year for both property types:
Single-family pending sales rose 1.5%
Condo pending sales increased 8.0%
These forward-looking indicators suggest buyer demand remains active despite slightly softer pricing conditions and lower overall inventory.
Oahu Micro-market Trends:
Across Oʻahu, market conditions continue to vary by region and price point.
More attainable areas such as Ewa Plain and portions of West Oʻahu continue to see consistent activity from local buyers and owner-occupants seeking relative affordability.
Metro Honolulu’s condo market remains active in mid-range price segments, while Windward communities such as Kailua and Waimānalo continue to benefit from limited inventory and lifestyle-driven demand.
Meanwhile, North Shore and luxury-focused communities continue to attract interest from buyers seeking unique properties and long-term lifestyle value, though many buyers remain measured and selective in today’s market environment.
What Buyers and Sellers Should Know:
Oʻahu’s April market reflects a more balanced environment compared to the intense competition seen over the past several years.
For buyers, slightly softer pricing and improving days on market may create additional opportunities for negotiation and expanded inventory selection, particularly within the condo market.
For sellers, pricing strategy and property presentation remain critically important as buyers continue to compare value carefully across available inventory.
While year-over-year pricing adjusted modestly in both segments, Oʻahu real estate continues to demonstrate long-term resilience supported by limited land supply, lifestyle demand, and continued local and investor interest.
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📊 Explore the full April 2026 Oʻahu Market Report below: