Watch as Chad Takesue, Interim Chief Executive Officer for Locations, gives an Oahu real estate market update to Hawaii News Now Sunrise host Howard Dicus in April 2026.

Oahu’s real estate market continued to show two distinct trends in April 2026: strong competition in the single-family home market and a gradually improving resale condo market. While affordability challenges and higher mortgage rates continue to shape buyer behavior across Hawaii, demand for homes on Oahu has remained steady, especially in neighborhoods with limited inventory.

Foreclosures remain a small but important segment of Hawaii’s housing market. While inventory levels fluctuate, buyers who understand the process can sometimes find opportunities that are not widely available through traditional listings.

The Oahu real estate market was steady in March 2026. The single-family home market continues to outperform the resale condo market, but demand for condos is increasing. If this trend holds, condo sales will rise, followed by prices. Mortgage rates—which had been improving—have now reversed course, as the war in Iran and global uncertainties pushed U.S. bond yields higher.