Demand for Oahu Single-Family Homes Hit Three-Year High in July 2026

Oahu Real Estate Market Update – July 2026

Single-family home sales climbed while condo demand remained more balanced across Oahu in July 2026.

The Oahu real estate market continued to show resilience in July 2026, led by strong demand for single-family homes. Home sales increased, inventory remained relatively limited, and buyer competition reached its highest level in three years.

While the condominium market also experienced modest price growth, higher inventory and longer selling times created a more balanced environment for many condo buyers.

Whether you're buying, selling, or simply monitoring the market, understanding today's trends can help you make more informed real estate decisions.

Key Takeaways

Median single-family home price increased to $1,207,000, up 12% year over year.
Median condo price rose to $507,500, a 4% annual increase.
Year-to-date, both home and condo median prices have increased approximately 3%.
Single-family home sales rose 19% compared to July 2025.
Condo sales increased 5% year over year.
Home inventory declined 7%, while resale condo inventory increased 4%.
More than one in every three single-family homes sold above the asking price.

Single-Family Homes Continue to See Strong Buyer Demand

Demand for single-family homes remained one of the strongest indicators of the July market.

Homes sold in a median of just 16 days, while nearly 36% sold for more than the asking price. Low inventory combined with steady buyer activity has created one of the most competitive home markets Oahu has experienced in the past three years.

For buyers, this means desirable homes often attract multiple offers and move quickly. Preparing financing, understanding neighborhood pricing, and working closely with an experienced Realtor can help buyers compete more effectively.

For sellers, strong demand continues to create favorable conditions, although accurate pricing and thoughtful marketing remain essential. Even in competitive markets, buyers are increasingly selective about condition and value.

“The resale condo market remains softer relative to the single-family home market, with weaker demand indicators. The homes market, on the other hand, is showing strong signs of demand, with low inventory, shorter market times, and the highest buyer competition in three years.”

— Chad Takesue, Interim CEO, Locations

Condo Market Remains More Balanced

While condominium prices continued to rise modestly, buyer activity remained softer than in the single-family home market.

At the end of July:

2,666 resale condos were available for sale

Months of inventory measured 7.3 months

Median market time was 40 days

Approximately 13.5% of condos sold above asking price

Higher inventory gives many condo buyers additional time to compare properties and negotiate, although desirable units in well-located communities continue to generate strong interest. A more balanced condo market can also provide opportunities for first-time buyers, downsizers, and investors seeking greater selection than the single-family segment currently offers.

Neighborhood-Level Trends Across Oahu in July 2026

Market statistics can vary greatly by neighborhood, so it's important to consult a knowledgeable Realtor who has access to market-level data.

Here's a detailed breakdown of key Oahu single-family home market areas, looking at the past 12 months ending in July 2026.

Oahu Single-Family Home Market Update

Key single-family home market trends across Oahu regions:

West Honolulu Homes

West Honolulu home sales declined 2% to 150 homes. The median price increased 14% to $1,170,000. The median DOM increased 3% to 18 days. The bid-up percentage increased 2% to 39.3%. MRI declined 20% to 2.3 months, while active listings fell 22% to 29 homes.

Nuuanu-Makiki Homes

Nuuanu-Makiki home sales increased 32% to 143 homes. The median price increased 5% to $1,368,000. The median DOM increased 42% to 34 days. The bid-up percentage declined 16% to 21.7%. MRI declined 39% to 4.3 months, while active listings fell 19% to 51 homes.

Manoa Homes

Manoa home sales increased 32% to 83 homes. The median price increased 1% to $1,695,000. The median DOM declined 18% to 14 days. The bid-up percentage declined 4% to 28.9%. MRI increased 1% to 2.9 months, while active listings increased 33% to 20 homes.

Kaimuki Homes

Kaimuki home sales declined 6% to 144 homes. The median price increased 6% to $1,300,000. The median DOM declined 16% to 14 days. The bid-up percentage increased 20% to 36.8%. MRI declined 12% to 2.8 months, while active listings fell 17% to 34 homes.

Waialae-Kahala Homes

Waialae-Kahala home sales declined 11% to 79 homes. The median price increased 15% to $2,750,000. The median DOM increased 25% to 20 days. The bid-up percentage declined 20% to 25.3%. MRI increased 37% to 4.3 months, while active listings increased 22% to 28 homes.

East Oahu Homes

East Oahu home sales declined 3% to 70 homes. The median price declined 7% to $1,865,000. The median DOM declined 12% to 19 days. The bid-up percentage declined 23% to 30.0%. MRI increased 18% to 3.9 months, while active listings increased 15% to 23 homes.

Hawaii Kai Homes

Hawaii Kai home sales increased 3% to 146 homes. The median price declined 5% to $1,572,500. The median DOM increased 6% to 17 days. The bid-up percentage declined 10% to 24.7%. MRI declined 3% to 3.8 months, while active listings remained unchanged at 46 homes.

Kailua Homes

Kailua home sales increased 13% to 261 homes. The median price increased 4% to $1,735,000. The median DOM increased 27% to 19 days. The bid-up percentage declined 7% to 25.7%. MRI declined 2% to 3.6 months, while active listings increased 10% to 78 homes.

Kaneohe Homes

Kaneohe home sales increased 4% to 205 homes. The median price declined 1% to $1,280,000. The median DOM declined 33% to 12 days. The bid-up percentage increased 39% to 42.9%. MRI increased 15% to 3.3 months, while active listings increased 19% to 56 homes.

North Shore Homes

North Shore home sales increased 9% to 81 homes. The median price increased 13% to $1,700,000. The median DOM increased 8% to 35 days. The bid-up percentage declined 57% to 9.9%. MRI declined 27% to 6.4 months, while active listings fell 20% to 43 homes.

Leeward Homes

Leeward home sales declined 4% to 210 homes. The median price declined 1% to $660,000. The median DOM increased 4% to 42 days. The bid-up percentage increased 33% to 30.5%. MRI increased 20% to 6.9 months, while active listings increased 15% to 121 homes.

Ewa Homes

Ewa home sales increased 25% to 559 homes. The median price increased 3% to $950,000. The median DOM declined 4% to 26 days. The bid-up percentage declined 2% to 30.1%. MRI declined 24% to 3.3 months, while active listings fell 4% to 156 homes.

Makakilo Homes

Makakilo home sales increased 19% to 117 homes. The median price declined 7% to $1,030,000. The median DOM increased 9% to 30 days. The bid-up percentage declined 1% to 28.2%. MRI declined 33% to 2.5 months, while active listings fell 20% to 24 homes.

Waipahu Homes

Waipahu home sales declined 7% to 170 homes. The median price increased 1% to $963,500. The median DOM declined 18% to 14 days. The bid-up percentage increased 8% to 40.6%. MRI declined 48% to 1.2 months, while active listings fell 51% to 17 homes.

Mililani Homes

Mililani home sales increased 5% to 159 homes. The median price increased 3% to $1,100,000. The median DOM declined 7% to 14 days. The bid-up percentage increased 13% to 40.3%. MRI declined 25% to 1.7 months, while active listings fell 21% to 22 homes.

Pearl City-Aiea Homes

Pearl City-Aiea home sales increased 8% to 225 homes. The median price increased 10% to $1,150,000. The median DOM declined 7% to 13 days. The bid-up percentage increased 18% to 37.8%. MRI declined 48% to 1.1 months, while active listings fell 44% to 20 homes.

Here's a detailed breakdown of key Oahu condo market areas, looking at the past 12 months ending in July 2026.

Oahu Condo Market Update

Key condo market trends across Oahu regions:

Salt Lake Condos

Salt Lake condo sales increased 14% to 147 units. The median price increased 1% to $405,000. The median DOM increased 57% to 58 days. The bid-up percentage declined 12% to 11.6%. MRI declined 13% to 6.8 months, while active listings declined 1% to 83 condos.

Downtown-Nuuanu Condos

Downtown-Nuuanu condo sales increased 6% to 237 units. The median price declined 6% to $369,000. The median DOM increased 28% to 55 days. The bid-up percentage increased 3% to 10.1%. MRI declined 28% to 5.9 months, while active listings declined 24% to 117 condos.

Ala Moana-Kakaako Condos

Ala Moana-Kakaako condo sales increased 18% to 747 units. The median price increased 3% to $790,000. The median DOM declined 12% to 51 days. The bid-up percentage increased 23% to 7.0%. MRI increased 5% to 9.6 months, while active listings increased 24% to 597 condos.

Makiki Condos

Makiki condo sales increased 3% to 269 units. The median price declined 4% to $350,000. The median DOM declined 5% to 42 days. The bid-up percentage declined 35% to 7.4%. MRI declined 15% to 5.9 months, while active listings declined 12% to 133 condos.

Waikiki Condos

Waikiki condo sales declined 11% to 814 units. The median price increased 2% to $460,000. The median DOM increased 33% to 52 days. The bid-up percentage declined 25% to 7.4%. MRI increased 24% to 10.7 months, while active listings increased 10% to 724 condos.

Kapiolani-University Condos

Kapiolani-University condo sales declined 1% to 220 units. The median price declined 4% to $389,000. The median DOM increased 10% to 40 days. The bid-up percentage declined 44% to 7.3%. MRI increased 2% to 7.6 months, while active listings increased 1% to 139 condos.

Diamond Head-Kahala Condos

Diamond Head-Kahala condo sales increased 12% to 129 units. The median price declined 2% to $645,000. The median DOM increased 80% to 45 days. The bid-up percentage increased 11% to 7.8%. MRI declined 24% to 4.7 months, while active listings declined 15% to 50 condos.

Hawaii Kai Condos

Hawaii Kai condo sales increased 3% to 146 units. The median price declined 3% to $822,000. The median DOM increased 57% to 48 days. The bid-up percentage declined 61% to 6.8%. MRI increased 14% to 6.2 months, while active listings increased 17% to 75 condos.

Kailua Condos

Kailua condo sales increased 17% to 105 units. The median price declined 1% to $800,000. The median DOM increased 94% to 35 days. The bid-up percentage declined 48% to 10.5%. MRI increased 11% to 4.0 months, while active listings increased 30% to 35 condos.

Kaneohe Condos

Kaneohe condo sales declined 7% to 152 units. The median price increased 2% to $660,000. The median DOM increased 19% to 25 days. The bid-up percentage declined 29% to 16.4%. MRI increased 1% to 4.7 months, while active listings declined 6% to 59 condos.

Leeward Condos

Leeward condo sales declined 6% to 124 units. The median price increased 11% to $250,000. The median DOM declined 25% to 36 days. The bid-up percentage declined 10% to 13.7%. MRI increased 6% to 9.8 months, while active listings remained unchanged at 101 condos.

Ewa Condos

Ewa condo sales increased 2% to 373 units. The median price declined 8% to $609,000. The median DOM increased 8% to 39 days. The bid-up percentage declined 10% to 26.8%. MRI remained unchanged at 6.3 months, while active listings increased 2% to 196 condos.

Makakilo Condos

Makakilo condo sales increased 11% to 101 units. The median price declined 4% to $525,000. The median DOM increased 32% to 37 days. The bid-up percentage increased 52% to 43.6%. MRI declined 24% to 3.8 months, while active listings declined 16% to 32 condos.

Waipahu Condos

Waipahu condo sales increased 8% to 174 units. The median price declined 3% to $477,000. The median DOM increased 32% to 33 days. The bid-up percentage increased 12% to 27.0%. MRI declined 23% to 3.1 months, while active listings declined 17% to 45 condos.

Mililani Condos

Mililani condo sales increased 1% to 275 units. The median price increased 1% to $518,000. The median DOM increased 14% to 33 days. The bid-up percentage declined 15% to 27.6%. MRI increased 10% to 5.0 months, while active listings increased 11% to 114 condos.

Pearl City-Aiea Condos

Pearl City-Aiea condo sales declined 12% to 246 units. The median price declined 10% to $420,000. The median DOM increased 37% to 43 days. The bid-up percentage declined 19% to 17.1%. MRI declined 17% to 4.7 months, while active listings declined 27% to 96 condos.

Aug 05 2026 10:30:00 AM by Locations