Oahu Real Estate Market Update: February 2026

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February 2026 Oʻahu Real Estate Market Report: Home Prices, Sales & Inventory Trends

The Oʻahu real estate market continued to show a mix of stability and shifting dynamics in February 2026. While buyer activity remained steady in certain segments, changes in inventory and days on market are shaping a more balanced and thoughtful environment for both buyers and sellers.

Here’s a breakdown of what’s happening across the island.

👉 Read the Full Oʻahu January 2026 Market Report Here!

Oʻahu Single-Family Home Market – February 2026

Single-family home sales saw a modest increase in February, with 177 homes sold, reflecting continued demand across key price points. Buyers remained active, particularly in higher price ranges, contributing to a slight year-over-year increase in median pricing.

Homes also moved more quickly compared to last year, with a median of 17 days on market, suggesting that well-positioned and competitively priced homes are still capturing strong attention.

The median sales price reached $1,205,000, showing gradual appreciation and reinforcing the long-term strength of Oʻahu’s single-family home market.

What this means:
Buyers are still competing for quality inventory, while sellers who price strategically are seeing efficient sales timelines.

Oʻahu Condo Market Trends – February 2026

The condo market remained relatively steady in February, with 291 units sold, showing only a slight dip compared to last year. However, the biggest shift is happening in buyer behavior.

Condos are now spending more time on the market, with a median of 56 days, reflecting increased inventory and a more deliberate decision-making process among buyers.

The median sales price rose slightly to $500,000, indicating overall price stability despite longer timelines.

What this means:
Buyers have more options and negotiating power, while sellers need to be mindful of pricing and presentation to stand out.

Inventory and Market Conditions

One of the biggest factors influencing today’s market is inventory.

  • Single-family inventory remains tight, keeping competition steady in that segment

  • Condo inventory has expanded, giving buyers more choices and time to evaluate

This split market is creating different experiences depending on property type. Single-family homes continue to feel competitive, while the condo market is becoming more buyer-friendly.

Oʻahu Real Estate Market Trends: What’s Driving Conditions?

The January 2026 data highlights several important trends shaping the Oʻahu housing market:

  • Single-family pricing remains stable

  • Condo inventory continues to expand

  • Buyers are more selective and comparison-driven

  • Negotiation leverage varies by property type

  • Pending sales growth suggests forward momentum

Inventory trends remain divided:

  • Single-family inventory is tightening

  • Condo inventory is expanding

This divergence is creating two distinct buyer experiences depending on property type and price range.

What This Means for Buyers and Sellers

For Buyers

  • More condo inventory means greater flexibility and negotiating power
  • Single-family homes still require quick action when priced well
  • Overall, buyers have more time to evaluate options compared to last year

For Sellers

  • Pricing correctly is more important than ever
  • Homes that show well and are competitively priced are still selling quickly
  • Condo sellers should expect longer timelines and increased competition

Oʻahu Market Outlook

As we move further into 2026, Oʻahu’s real estate market continues to find balance. While demand remains present, the pace of the market is becoming more measured, creating opportunities on both sides of the transaction.

Understanding these shifts is key to making confident real estate decisions—whether you’re buying, selling, or investing.

Your Next Step: Connect with a LUVA Real Estate Expert

At LUVA Real Estate, we help you navigate Hawaiʻi’s ever-changing market with clarity and confidence. Whether you’re exploring opportunities on Oʻahu or across the islands, our team is here to guide you every step of the way.

📊 Explore the full February 2026 Oʻahu Market Report below: