Waikiki—one of the top tourist destinations in Hawaii—is also home to a thriving real estate market. With easy access to world-famous beaches, shopping, dining and downtown Honolulu, Waikiki offers all the perks of island and city living, making Waikiki properties desirable for homeowners and investors alike. In this post are five charts prepared by Locations Research that provide a snapshot of Waikiki market activity in early 2024.

Who hasn't dreamed of waking up to the sound of waves crashing against the shore, with a panoramic view of the ocean right from their window? For many, this dream sums up the allure of owning a beachfront home in Hawaii, and the island of Oahu boasts some of the most picturesque shoreline properties. But before diving headfirst into this idyllic vision, it's important to address one burning question: Can I afford it?

Running from January 11 to January 14, 2024, the Sony Open in Hawaii showcases world-class golf while celebrating Hawaii's unique heritage and commitment to sustainability and community.

As we head into the last quarter of year, the Oahu real estate market continues to move at a steady pace. Oahu for-sale inventory is holding flat, while new inventory is still lagging. Market trends throughout the summer and into fall continue to point to competitive conditions for buyers.