MARKET REPORTS

MAUI RESIDENTIAL SALES

Hawaii Island Residential Sales

Hawaiʻi Island’s real estate market opened 2026 on stable footing, with single-family home sales totaling 152 transactions (-12% YoY) and a median price of $582,000 (-1% YoY), reflecting conditions largely in line with last year. Activity remained balanced across most regions, with no single area driving outsized changes in island-wide results. The condo market showed a modest shift in pace, with 40 sales (+3% YoY) and a median price of $616,500 (-9% YoY), while median days on market increased to 52, signaling a more deliberate buyer approach following stronger activity late last year. Overall, January reflected a market defined by consistency rather than acceleration, as buyers and sellers entered the new year with measured expectations and stable fundamentals across property types.

Oahu Residential Sales

Oʻahu’s housing market began 2026 under conditions largely consistent with the start of last year, reflecting a stable and well-balanced environment across both single-family homes and condominiums. Overall activity, pricing, and buyer behavior remained within recent ranges, reinforcing that the market has settled into a more normalized rhythm following the volatility of prior years. While broad market metrics showed little movement, the luxury segment emerged as a quiet driver of dollar volume, helping support overall pricing even as transaction counts remained steady.

Kauai Residential Sales

Kaua’i’s housing market began 2026 with clear signs of cooling on a year-over-year basis, particularly in the single-family segment. Total single-family home sales declined by 38% year-over-year, with the median price easing to $987,500, the lowest level since October 2023, and median days on market rising to 83, signaling more cautious buyer behavior and increased negotiation. The condo market remained more stable, with sales holding near recent levels and the median condo price rising to $965,000, reflecting strength driven by the mix of units sold rather than an expansion in demand. Overall, January’s results point to a market that is slowing and recalibrating, with buyers exercising greater selectivity as Kauaʻi enters the new year.

Hawaii Market Update

In this report you will find 2024 year to date sales trends across the Hawaiian Islands, including our latest luxury listings!

Hawaii Market Update

With 2023 officially in the books, a word best used to summarize the overall Hawaii real estate market might be “resilience.” Despite many headwinds that led to softening consumer confidence and growing concerns about affordability across the islands, median prices held strong, properties continued to sell, and fears of a larger economic recession waned as the year progressed.

Now, as we head into the new year with mortgage interest rates on the decline, be on the lookout as 2024 is poised to present a variety of opportunities for both buyers and sellers.

Hawaii Market Update

As we cross the midpoint of 2023, the Hawaii real estate landscape continues to adapt to higher mortgage interest rates and tighter inventory levels. While the year started off sluggish due to a spike in mortgage interest rates that edged out many prospective buyers, the market has since shown signs of rebounding. 

With so few homes for sale across the islands, sellers remain in control of the market. However, properties that are priced too high or do not present well are seeing an increase in days on market. 

Hawaii Market Update

After the pandemic year of 2020 and the record-setting rebound market of 2021, the past twelve months brought a much-anticipated correction to a red-hot housing market in 2022. For those looking to purchase property in the year ahead, it is important to not get distracted by the big numbers reported every month. In every real estate market, there are opportunities. By understanding the local nuances of each neighborhood or condo complex, having your finances in order, and staying committed to your goal, Hawaii homeownership is still achievable. 

Hawaii Market Update

As anticipated, Hawai’i’s real estate market has returned to
“pre-pandemic” levels as sales activity has resumed a more
moderate pace and median sales prices have retracted
from all-time highs of the last two years. Even though the
market has slowed — in part to rising mortgage interest
rates and concerns about an economic recession — a
general lack of inventory continues to favor sellers. Buyers,
however, are beginning to take back control as days on
market and the overall number of price reductions have
both increased in recent months.

Hawaii Market Update

Across the globe, the Hawaii luxury home market has consistently ranked among the premier destinations for individuals seeking the ultimate island lifestyle while maintaining access to modern conveniences, limitless activities, and privacy. In the wake of the recent COVID-19 pandemic, the Hawaii luxury home market was red hot as many flocked to the islands to embrace all Hawaii has to offer. Subsequently, between March 2020 and June 2022, there were 1,874 luxury home sales totaling $7.984 billion.

Learn more about 2022 sales trends across Maui, Hawaii Island, and Kauai, and browse all new and active listings year-to-date with this in-depth luxury summary.

Hawaii Market Update

Inventory, inventory, inventory. Across the Hawaiian Islands, the residential real estate market continues to remain extremely competitive as the lack of properties for sale has driven median sales prices for single-family homes and condos to all-time highs throughout the first quarter of 2022. Now into the fourth month of the year, the story remains the same: those looking to buy should be ready to move quickly with a strong offer, and with properties selling as fast as they come on the market, the time to sell is now.

Hawaii Market Update

Across the globe, the Hawaii luxury home market has consistently ranked among the premier destinations for individuals seeking the ultimate island lifestyle while maintaining access to modern conveniences, limitless activities, and privacy. In the wake of the recent COVID-19 pandemic, the Hawaii luxury home market was red hot as many flocked to the islands to embrace all Hawaii has to offer. Subsequently, between March 2020 and June 2022, there were 1,874 luxury home sales totaling $7.984 billion.

Learn more about 2022 sales trends across Maui, Hawaii Island, and Kauai, and browse all new and active listings year-to-date with this in-depth luxury summary.