Oahu Real Estate Market Report – April 2026

Median prices in April decreased slightly in both markets. Prices for single-family homes declined 1.7% compared to the same period last year, while the condo median decreased 1.0% to $500,000.

Properties priced at $500,000 or less accounted for 193 sales in April and 666 year-to-date, with 1,168 active listings in that price range.

Single-family home sales declined 4.6% year-over-year to 230 transactions in April, compared to 241 a year ago, though year-to-date sales are up 6.3% compared to the same period last year. Condo sales were down 4.3% to 378 from 395 last April, with year-to-date sales dipping 3.8%.

The $900,000 to $1,099,999 price range recorded the largest gain in single-family home sales, rising 37.8% year-over-year from 37 to 51 sales. Condo sales in the $400,000 to $499,999 range recorded a 26.9% uptick from 52 to 66, while the $1,000,000 to $1,999,999 range rose 50.0% from 26 to 39 transactions.

Despite softer sales activity, properties in both markets moved faster than a year ago, with median days on market for single-family homes dropping from 29 to 24 days and condominiums from 43 to 38 days.

New listings for single-family homes slipped 4.1% year-over-year to 351 in April, compared to 366 a year ago, while active inventory was down 12.2% to 707 listings. Condo new listings also fell 18.0% to 698 units from 851 last April, with active inventory declining 6.3% to 2,353.
Both markets ended the month with increases in pending sales, rising 1.5% year-over-year in the single-family home market and 8.0% in the condo market.

Courtesy of the Honolulu Board of Realtors

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