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🌺 Is the Oahu real estate market heating up or cooling down? September 2026 brought some interesting changes to the Hawaii housing market, with single-family home sales increasing while the condo market continues to face challenges.
Aloha! I'm David Buck with Harcourts Island Real Estate, and in this month's Oahu real estate market update, we're breaking down the latest numbers for single-family homes, condos, inventory, days on market, and luxury real estate across Oahu.
🏡 Oahu Single-Family Home Market
Home sales increased 6.2% year over year, rising from 276 sales to 293. However, the median home price dipped 3.9% to $1,110,000. Homes are also selling faster, with median days on market dropping from 26 days to just 16 days. With only 3.2 months of remaining inventory, the single-family home market continues to favor sellers.
🏢 Oahu Condo Market
The condo market is telling a different story. Sales declined 8.1% year over year, but the median condo price increased 2.8% to $523,000. Inventory has climbed nearly 8% over the past year, reaching 2,509 condos for sale. With seven months of remaining inventory, buyers have more options and potentially greater negotiating power.
💎 Luxury Real Estate on Oahu
We also take a look at the high end of the market. September's highest home sale was an oceanfront property in Diamond Head that sold for $16.5 million. The highest condo sale was at Victoria Place, which sold for $5.85 million. These sales highlight how different segments of Oahu's luxury real estate market can move in different directions from month to month.
📊 In this video, you'll learn:
How Oahu home sales and median prices changed in September 2026
Why single-family homes are still in a seller's market
What's happening with Oahu condo prices and growing inventory
Why condo buyers may have more opportunities right now
The latest luxury home and condo sales on Oahu
What these market trends could mean if you're buying or selling a home in Hawaii
Whether you're thinking about buying your first condo, selling your Oahu home, investing in Hawaii real estate, or simply keeping an eye on the local market, this update will help you understand what's happening right now.
📍 Have questions about buying or selling real estate on Oahu?
Contact me!
David E. Buck, Realtor | Harcourts Island Real Estate
📞 808-371-3509
Subscribe for more Oahu real estate market updates, property tours, neighborhood guides, and helpful tips for buying or selling a home in Hawaii.
Mahalo for watching! 🌴
#OahuRealEstate #HawaiiRealEstate #OahuMarketUpdate #HonoluluRealEstate #HawaiiHomes
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