In August, Hawaii Island’s housing market showed mixed movement across property types. Dive into the Hawaii Island Real Estate Market Update: August 2025 below!
Full Hawaii Island Real Estate Market Update: August 2025
Single-Family Homes: Median price inched up to $527,000, while sales held steady at 165 transactions. Homes averaged 73 days on market, nearly three weeks longer than a year ago, reflecting a slower sales pace.
Condos: Activity softened with 37 sales, down from both last month and last year. Median price slipped to $572,500, and listings averaged 67 days on market—an improvement from July but much higher than a year ago.
Land: Sales dipped to 125 transactions from 138 in July. Median price fell to $45,000, a 25% decline year-over-year. Properties spent an average of 108 days on market, slightly less than last month but longer than last year.
Overall: August reflected a market adjusting to slower sales velocity and varied price trends. Buyers are taking more time, and while activity has cooled in some segments, opportunities remain across the island for well-priced properties..
Contact your REALTOR for more specific information regarding sales in certain neighborhoods or parts of Hawaii Island!