The Honolulu Board of REALTORS® reported that year-over-year sales for single-family homes are up while condo sales fell slightly on O‘ahu. Dive into the report below!
In August, single-family home sales were up 2.4% year-over-year, with 259 sales, and condo sales fell 2.5% with 391 units sold.
“Buyers appear to be responding to a gradual easing in mortgage rates, which created momentum in the single-family home market,” said Trevor Benn, President of the Honolulu Board of REALTORS®. “Condo activity is holding steady, though affordability considerations and longer days on market continue to influence buyer behavior.”
Sales for single-family homes are up 2.4% when compared to this time last year, with 259 sales in August. Homes spent a median of 22 days on the market in August, two days longer than the previous month. The median sales price for single-family homes was $1,105,500 in August representing a decrease of 1.5% when compared to this time last year.
There were 391 condos sold last month, which represents a decrease of 2.5% when compared to August 2024. The median number of days on the market for condos was 48 days last month, two days shorter than the previous month. The median sales price for condos in August 2025 was $515,000, representing an increase of 3.0% when compared to one year ago.