As 2026 begins, Oahu’s luxury real estate market continues to set the bar for ultra-high-end living in Hawaii. Limited inventory, irreplaceable oceanfront land, and legacy estates in premier neighborhoods have pushed prices to historic levels—particularly along Diamond Head and Kahala.

The beginning of a new year is a good time to take stock of the past year and reflect on your goals for 2026. While many of us will set goals for our health, career or personal lives, don’t neglect to set real estate goals for the coming year, too.

The Oahu real estate market outperformed 2025 projections, closing the year with single-family home sales rising three percent and condo sales declining a modest two percent. Momentum strengthened in the second half of the year, with single-family home sales increasing 16 percent and condo sales up nine percent compared to the first half, signaling improved market activity despite a measured pullback in overall condo transactions.

Watch as Chad Takesue, chief sales officer for Locations, gives an Oahu real estate market update to Hawaii News Now Sunrise host Howard Dicus in December 2025.