Oahu Real Estate Market Update – August 2026
Oahu’s housing market remained stable in August, with strong demand for single-family homes.
The Oahu real estate market remained stable in August 2026, with single-family home prices continuing to rise and demand remaining strong. The median home price increased 12% from a year ago to $1,240,000, while the median condo price was slightly lower than last year at $510,000.
Sales followed typical seasonal trends, with single-family home sales essentially flat compared with August 2025 and condo sales declining 8%. At the same time, homes and condos sold relatively quickly, while buyer competition remained strongest in the single-family market.
Looking ahead to fall, mortgage-rate stability and continued demand could create opportunities for both buyers and sellers. Market conditions, however, continue to vary significantly by property type, price range and neighborhood.
Key Takeaways
- Median single-family home price increased 12% year over year to $1,240,000.
- Median condo price was $510,000, down 1% from August 2025.
- Year-to-date, median home prices are up 4%, while condo prices are up 1%.
- August home sales were flat compared with the same month last year, while condo sales declined 8%.
- Year-to-date, home sales are up 5%, while condo sales are down 2%.
- There were 850 homes and 2,635 resale condos available for sale at the end of August.
- Home inventory was even with last year, while condo inventory increased 6%.
- Months of remaining inventory remained low and steady at 3.4 months for homes and 7.2 months for condos.
- Single-family homes sold in a median of 17 days, while condos sold in a median of 36 days.
- 34% of homes and 15.6% of condos sold above asking price in August.
Single-Family Home Demand Remains Strong
Single-family homes continued to be the strongest segment of the Oahu residential real estate market in August. For buyers, this continued demand means desirable properties can move quickly and may attract multiple offers. Sellers, meanwhile, continue to benefit from limited inventory and strong buyer interest, although accurate pricing remains important.
“The Oahu real estate market is stable, with August sales following typical seasonal trends. As we move into the fall, there's potential for increasing sales and prices as demand pressures counter the usual end-of-year market slowdown.”
— Chad Takesue, Interim CEO, Locations
Resale Condo Market Shows Signs of Improvement
The Oahu resale condo market remained softer than the single-family home market, but August data showed encouraging signs of activity. It's now moving faster than any month since 2024, suggesting that buyers are becoming more active. Higher inventory continues to provide greater selection and negotiating opportunities for buyers, while sellers may benefit from renewed activity in well-priced, desirable properties.
Neighborhood-Level Trends Across Oahu in August 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.
Oahu Single-Family Home Market Update
Key single-family home market trends across Oahu regions:
West Honolulu Homes
West Honolulu home sales increased 5% to 152 homes. The median price increased 12% to $1,168,000. The median DOM increased 3% to 18 days. The bid-up percentage declined 3% to 38.2%. MRI declined 46% to 1.7 months, while active listings fell 43% to 21 homes.
Nuuanu-Makiki Homes
Nuuanu-Makiki home sales increased 30% to 147 homes. The median price increased 6% to $1,383,000. The median DOM increased 13% to 34 days. The bid-up percentage declined 23% to 19.0%. MRI declined 53% to 3.0 months, while active listings fell 38% to 37 homes.
Manoa Homes
Manoa home sales increased 51% to 86 homes. The median price increased 1% to $1,674,000. The median DOM declined 3% to 15 days. The bid-up percentage declined 3% to 29.1%. MRI declined 18% to 2.2 months, while active listings increased 23% to 16 homes.
Kaimuki Homes
Kaimuki home sales declined 3% to 147 homes. The median price increased 5% to $1,310,000. The median DOM increased 14% to 16 days. The bid-up percentage increased 5% to 34.7%. MRI declined 8% to 2.7 months, while active listings fell 11% to 33 homes.
Waialae-Kahala Homes
Waialae-Kahala home sales declined 10% to 79 homes. The median price increased 2% to $2,600,000. The median DOM declined 19% to 17 days. The bid-up percentage increased 3% to 31.6%. MRI increased 58% to 4.1 months, while active listings increased 42% to 27 homes.
East Oahu Homes
East Oahu home sales declined 17% to 64 homes. The median price increased 4% to $1,965,000. The median DOM increased 5% to 21 days. The bid-up percentage declined 34% to 26.6%. MRI increased 97% to 6.8 months, while active listings increased 64% to 36 homes.
Hawaii Kai Homes
Hawaii Kai home sales declined 1% to 146 homes. The median price declined 1% to $1,637,500. The median DOM declined 3% to 16 days. The bid-up percentage increased 1% to 26.7%. MRI increased 33% to 4.8 months, while active listings increased 32% to 58 homes.
Kailua Homes
Kailua home sales increased 16% to 270 homes. The median price increased 4% to $1,740,000. The median DOM increased 27% to 19 days. The bid-up percentage declined 5% to 27.0%. MRI increased 7% to 3.6 months, while active listings increased 25% to 81 homes.
Kaneohe Homes
Kaneohe home sales increased 4% to 205 homes. The median price was essentially unchanged at $1,299,000. The median DOM declined 28% to 13 days. The bid-up percentage increased 18% to 40.5%. MRI increased 40% to 3.8 months, while active listings increased 44% to 65 homes.
North Shore Homes
North Shore home sales increased 20% to 85 homes. The median price increased 19% to $1,720,000. The median DOM declined 17% to 30 days. The bid-up percentage declined 55% to 9.4%. MRI declined 18% to 5.9 months, while active listings fell 2% to 42 homes.
Leeward Homes
Leeward home sales declined 4% to 205 homes. The median price declined 4% to $650,000. The median DOM increased 21% to 49 days. The bid-up percentage increased 30% to 29.8%. MRI increased 16% to 6.8 months, while active listings increased 12% to 116 homes.
Ewa Homes
Ewa home sales increased 23% to 564 homes. The median price increased 3% to $950,000. The median DOM declined 11% to 25 days. The bid-up percentage increased 1% to 30.5%. MRI declined 21% to 3.1 months, while active listings fell 2% to 144 homes.
Makakilo Homes
Makakilo home sales increased 8% to 111 homes. The median price declined 6% to $1,030,000. The median DOM increased 3% to 30 days. The bid-up percentage increased 2% to 28.8%. MRI declined 30% to 2.9 months, while active listings fell 25% to 27 homes.
Waipahu Homes
Waipahu home sales declined 8% to 164 homes. The median price increased 2% to $965,000. The median DOM declined 22% to 14 days. The bid-up percentage increased 7% to 39.6%. MRI declined 49% to 1.2 months, while active listings fell 53% to 16 homes.
Mililani Homes
Mililani home sales increased 9% to 162 homes. The median price increased 3% to $1,110,000. The median DOM declined 32% to 13 days. The bid-up percentage increased 24% to 42.6%. MRI increased 20% to 1.9 months, while active listings increased 30% to 26 homes.
Pearl City-Aiea Homes
Pearl City-Aiea home sales increased 6% to 222 homes. The median price increased 9% to $1,145,000. The median DOM declined 4% to 13 days. The bid-up percentage increased 17% to 37.8%. MRI declined 17% to 1.6 months, while active listings fell 12% to 29 homes.
Oahu Condo Market Update
Here's a detailed breakdown of key Oahu condo market areas, looking at the past 12 months.
Key condo market trends across Oahu regions:
Salt Lake Condos
Salt Lake condo sales increased 17% to 150 units. The median price increased 2% to $407,500. The median DOM increased 46% to 59 days. The bid-up percentage increased 22% to 13.3%. MRI declined 32% to 5.8 months, while active listings declined 21% to 73 condos.
Downtown-Nuuanu Condos
Downtown-Nuuanu condo sales increased 4% to 236 units. The median price declined 6% to $366,300. The median DOM increased 19% to 53 days. The bid-up percentage increased 1% to 9.7%. MRI declined 23% to 5.8 months, while active listings declined 20% to 115 condos.
Ala Moana-Kakaako Condos
Ala Moana-Kakaako condo sales increased 9% to 731 units. The median price increased 4% to $790,000. The median DOM declined 16% to 49 days. The bid-up percentage increased 10% to 6.6%. MRI increased 16% to 9.8 months, while active listings increased 27% to 598 condos.
Makiki Condos
Makiki condo sales increased 5% to 267 units. The median price was unchanged at $360,000. The median DOM declined 2% to 44 days. The bid-up percentage declined 20% to 7.5%. MRI declined 7% to 6.0 months, while active listings declined 3% to 133 condos.
Waikiki Condos
Waikiki condo sales declined 12% to 798 units. The median price increased 3% to $465,000. The median DOM increased 27% to 52 days. The bid-up percentage declined 19% to 7.8%. MRI increased 32% to 11.0 months, while active listings increased 17% to 732 condos.
Kapiolani-University Condos
Kapiolani-University condo sales increased 5% to 232 units. The median price declined 5% to $385,500. The median DOM increased 8% to 41 days. The bid-up percentage declined 33% to 8.2%. MRI remained unchanged at 6.7 months, while active listings increased 6% to 130 condos.
Diamond Head-Kahala Condos
Diamond Head-Kahala condo sales increased 9% to 126 units. The median price declined 1% to $647,000. The median DOM increased 18% to 40 days. The bid-up percentage declined 18% to 6.3%. MRI declined 25% to 4.5 months, while active listings fell 19% to 47 condos.
Hawaii Kai Condos
Hawaii Kai condo sales declined 5% to 141 units. The median price declined 1% to $824,000. The median DOM increased 45% to 45 days. The bid-up percentage declined 56% to 7.1%. MRI increased 19% to 7.0 months, while active listings increased 12% to 82 condos.
Kailua Condos
Kailua condo sales increased 6% to 102 units. The median price declined 2% to $780,000. The median DOM increased 89% to 35 days. The bid-up percentage declined 34% to 11.8%. MRI increased 16% to 3.8 months, while active listings increased 23% to 32 condos.
Kaneohe Condos
Kaneohe condo sales declined 2% to 158 units. The median price increased 3% to $675,000. The median DOM increased 12% to 24 days. The bid-up percentage declined 13% to 18.4%. MRI increased 6% to 4.5 months, while active listings increased 4% to 59 condos.
Leeward Condos
Leeward condo sales declined 6% to 122 units. The median price increased 5% to $241,500. The median DOM declined 25% to 36 days. The bid-up percentage declined 9% to 14.8%. MRI declined 12% to 8.8 months, while active listings fell 18% to 89 condos.
Ewa Condos
Ewa condo sales were unchanged at 367 units. The median price declined 6% to $610,000. The median DOM declined 10% to 37 days. The bid-up percentage declined 14% to 25.9%. MRI increased 11% to 6.6 months, while active listings increased 11% to 203 condos.
Makakilo Condos
Makakilo condo sales increased 9% to 98 units. The median price declined 5% to $524,500. The median DOM increased 42% to 38 days. The bid-up percentage increased 58% to 43.9%. MRI declined 23% to 3.3 months, while active listings declined 16% to 27 condos.
Waipahu Condos
Waipahu condo sales increased 6% to 169 units. The median price declined 5% to $475,000. The median DOM increased 38% to 33 days. The bid-up percentage increased 33% to 29.0%. MRI declined 33% to 2.9 months, while active listings fell 29% to 41 condos.
Mililani Condos
Mililani condo sales increased 3% to 269 units. The median price was essentially unchanged at $518,000. The median DOM increased 8% to 32 days. The bid-up percentage declined 15% to 28.3%. MRI increased 2% to 4.5 months, while active listings increased 5% to 101 condos.
Pearl City-Aiea Condos
Pearl City-Aiea condo sales increased 2% to 263 units. The median price declined 9% to $420,000. The median DOM increased 20% to 42 days. The bid-up percentage declined 18% to 17.5%. MRI declined 25% to 4.8 months, while active listings fell 24% to 106 condos.
