Luxury Market Report 2025 Q3

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 Q3 2025 priced from $2 to $3 million decreased 50% compared to Q3 2024, with 25 homes sold in the quarter as compared to 50 homes in the same period a year ago. Months’ supply of inventory increased 1.1% compared to last year, rising to 9.0 months in Q3 2025 from 8.9 months in Q3 2024.

For single-family homes in the $3 to $5 million range, sales dropped from 30 in Q3 2024 to 22 in Q3 2025, decreasing 26.7% from the same time last year. Months’ supply of inventory increased 25.9% to 13.6 months from 10.8 months last year.

In the $5 to $10 million range, 6 single-family homes sold in Q3 2025, a 50% increase from the 4 sold during the same quarter last year. Months’ supply of inventory decreased 19.5% to 21.1 months from 26.2 months in Q3 2024.

Two single-family homes sold at or above $10 million in Q3 2025, 100% more than the 1 home sold in Q3 2024. The top sale was a home in Beachside that sold for $19,000,000. Months’ supply of inventory decreased 14.3% from 47 months in Q3 2024 to 40.3 months in the Q3 2025.

Condo sales in the $1 to $2.5 million range increased .9% in Q3 2025 from Q3 2024, with 117 closed sales in third quarter this year versus 116 closed sales in the third quarter last year. Months’ supply of inventory decreased 10.9% to 4.9 months from 5.5 months in Q3 2024.

Sales for condos priced at $2.5 million and higher rose in Q3 2025 to 23, compared to 6 sales in Q3 2024, an increase of 283.3%. Months’ supply of inventory was 13.9 in Q3 2025, which increased 8.6% from 12.8 in Q3 2024. Six condos sold at or above $5 million in Q3 2025. Three at Park Lane, two at Victoria Place, and one at Waiea. The top sale was a unit at Victoria Place that sold for $11,200,000.

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