Luxury Market Report 2025 Q4

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 singlefamily home categories and two condominium price segments.

Single-family home sales for Q4 2025 priced from $2 to $3 million increased 53.8% compared to Q4 2024, with 60 homes sold in the quarter as compared to 39 homes in the same period a year ago. Months’ supply of inventory decreased 8.4% compared to last year, falling to 8.7 months in Q4 2025 from 9.5 months in Q4 2024.

For single-family homes in the $3 to $5 million range, sales rose from 19 in Q4 2024 to 31 in Q4 2025, increasing 63.2% from the same time last year. Months’ supply of inventory decreased 6.7% to 12.6 months from 13.5 months last year.

In the $5 to $10 million range, 12 single-family homes sold in Q4 2025, a 200% increase from the 4 sold during the same quarter last year. Months’ supply of inventory decreased 67.6% to 9.5 months from 29.3 months in Q4 2024.

Two single-family homes sold at or above $10 million in Q4 2025, 100% more than the 1 home sold in Q4 2024. The top sale was a home in Lanikai that sold for $11,250,000. Months’ supply of inventory decreased 69.1% from 97 months in Q4 2024 to 30 months in the Q4 2025.

Condo sales in the $1 to $2.5 million range increased 16.1% in Q4 2025 from Q4 2024, with 101 closed sales in fourth quarter this year versus 87 closed sales in the third quarter last year. Months’ supply of inventory decreased 28.1% to 4.6 months from 6.4 months in Q4 2024.

Sales for condos priced at $2.5 million and higher rose in Q4 2025 to 24, compared to 18 sales in Q4 2024, an increase of 33.3%. Months’ supply of inventory was 12.2 in Q4 2025, which decreased 19.7% from 15.2 in Q4 2024.

Nine condos sold at or above $5 million in Q4 2025. The top sale was a unit at The Ritz-Carlton Residences that sold for $14,499,000.

Remember that every home and situation is unique. For guidance with your current or future home, 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 Q3 Report >
View 2025 Q2 Report >
View 2025 Q1 Report >
View 2024 Q4 Report >
View 2024 Q3 Report >
View 2024 Q2 Report >
View 2024 Q1 Report >