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 October 2025.
Key Takeaways
- Government uncertainty adds pressure. As the federal government shutdown continues, many federal workers across the state have already been furloughed or are preparing for potential disruptions, which could impact the housing market.
- Prices remain flat—for now. Home prices have held steady in recent months. However, if current trends continue, we could begin to see renewed upward pressure as demand stays strong.
- Interest rates have eased slightly. Recent rate drops have given buyers more purchasing power, which has helped fuel demand even amid uncertainty.
- Inventory isn’t rising as expected. Typically, this time of year brings more listings, but not this year. Homes are getting scooped up quickly as motivated buyers act on lower rates.
- Demand remains strong and steady. Despite national headlines, Hawaii’s market continues to be driven by owner-occupants, not investors. That stability has kept the market resilient.
- For now, it’s a waiting game—both for clarity on the federal situation and for how the market will respond heading into the end of the year. What’s clear is that demand for island homes remains steady and local buyers are staying active.
- Every neighborhood and building is different, so be sure to work with a knowledgeable Realtor.
Watch Locations on Sunrise Every Month
Tune in to Hawaii News Now Sunrise every fourth Thursday morning to catch Locations' monthly Oahu real estate market update.
