Luxury Market Report 2025 Q2

Aloha and welcome to The Oahu Quarterly Luxury Market Report from List Sotheby’s International Realty, where we take a closer look at the most recent real estate activity here on Oahu.

The Oahu luxury home market report is broken down into four single-family home categories and two condominium price segments.

Single-family home sales for Q2 2025 priced from $2 to $3 million increased 9.63% compared to Q2 2024, with 57 homes sold in the
quarter as compared to 52 homes in the same period a year ago. Months’ supply of inventory increased 34.72% compared to last year, rising to 9.7 months in Q2 2025 from 7.2 months in Q2 2024.

For single-family homes in the $3 to $5 million range, sales rose from 20 in Q2 2024 to 33 in Q2 2025, increasing 65.00% from the same time last year. Months’ supply of inventory decreased 9.17% to 10.9 months from 12 months last year.

In the $5 to $10 million range, 7 single-family homes sold in Q2 2025, a 12.5% decrease from the 8 sold during the same quarter last year. Months’ supply of inventory decreased 5.31% to 19.6 months from 20.7 months in Q2 2024.

Two single-family homes sold at or above $10 million in Q2 2025, 100.00% more than the 1 home sold in Q2 2024. The top sale was a home in Kahala that sold for $18,500,000. Months’ supply of inventory decreased 44.74% from 48.5 months in Q2 2024 to 26.8 months in the Q2 2025.

Condo sales in the $1 to $2.5 million range decreased 15% in Q2 2025 from Q2 2024, with 102 closed sales in second quarter this year versus 120 closed sales in the second quarter last year. Months’ supply of inventory increased 5.56% to 5.7 months from 5.4 months in Q2 2024.

Sales for condos priced at $2.5 million and higher rose in Q2 2025 to 20, compared to 15 sales in Q2 2024, an increase of 33.33%. Months’ supply of inventory was 12.4 Q2 2025, which was the same as Q2 2024.

Five condos sold at or above $5 million in Q2 2025. Two at Victoria Place, two at Waikiki Shore, and one at Hokua at 1288. The top sale was a unit at the Hokua at 1288 that sold for $13,000,000.

Remember that every home and situation is unique. For guidance with your current or future home, visit listsothebysrealty.com and contact one of our experienced agents. That’s the Oahu Quarterly Luxury Market Report for this quarter. Check back soon for the latest.

All Data from the HiCentral MLS, Ltd. Report © 2025 ShowingTime.

Past Reports

View 2025 Q1 Report >
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View 2024 Q3 Report >
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View 2023 Q4 Report >
View 2023 Q3 Report >
View 2023 Q2 Report >
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