Oahu Real Estate Market Update: November 2025

November 2025 Oʻahu Real Estate Market Report: Trends, Pricing & Buyer Activity

Oʻahu’s real estate market remained active through November, with engaged buyers navigating a more balanced landscape shaped by longer timelines and evolving inventory. Single-family homes continued to show resilience, while the condo market adjusted to changing conditions, offering increased opportunity and choice as the year came to a close.

Read the Full Oahu November 2025 Report Here!


Single-Family Homes: Resilient Activity in a More Measured Market

Buyer activity for single-family homes remained resilient in November, with 241 closed sales across Oʻahu. While sales volume eased from October, pricing and engagement held steady as buyers navigated longer decision timelines.

Key Metrics for November 2025:

  • Closed Sales: 241

  • Median Price: $1,100,000

  • Median Days on Market: 27 days

Homes are taking slightly longer to sell than they were a year ago, reflecting a more deliberate pace rather than reduced demand. Rising inventory has given buyers more time to evaluate options, but well-priced single-family homes — particularly in desirable neighborhoods — continue to attract strong interest.


Oʻahu Condo Market: Softer Volume with Increased Buyer Choice

The condo market softened in November, with 316 condo sales, down from October and modestly lower year-over-year. Pricing also adjusted as inventory levels expanded and buyers became more selective.

Condo Market Highlights:

  • Closed Sales: 316

  • Median Price: $487,450

  • Median Days on Market: 40 days

Condo prices declined year-over-year, and while days on market remain elevated, the environment favors buyers seeking greater selection and negotiating flexibility. These conditions point to a market recalibrating rather than weakening, particularly as affordability becomes a stronger driver of condo demand.


Islandwide Insights: A Shift Toward Balance

According to the Honolulu Board of REALTORS®, Oʻahu’s real estate market continued to transition toward a more balanced environment in November. Buyer engagement remained present across property types, even as longer timelines and increased inventory reshaped how transactions unfolded.

Key dynamics shaping today’s Oʻahu market:

  • Buyers remain active but are taking more time to decide

  • Inventory growth is expanding choice across regions

  • Single-family pricing remains relatively stable

  • Condo pricing reflects increased selection and affordability considerations

  • Well-positioned listings continue to perform best

Across micro-markets such as Ewa Plain, Metro Honolulu, Kailua/Waimānalo, Ko Olina/Kapolei, and the North Shore, activity varied by location and price point, but demand remained strongest where inventory stayed limited.


What This Means for Buyers & Sellers

For Buyers:

  • More inventory and improved negotiating leverage

  • Additional time to evaluate options across price points

  • A favorable environment for long-term planning

For Sellers:

  • Strategic pricing is more important than ever

  • Strong presentation and marketing make a meaningful difference

  • Longer days on market reflect market balance, not diminished demand


Your Next Step: Connect with a LUVA Realtor

Every Oʻahu neighborhood responds differently to changing market conditions. Whether you’re buying, selling, or investing, your LUVA Realtor can help you interpret the latest data, identify opportunity, and make informed decisions with confidence.

 

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