O'ahu Housing Market Begins 2026 with Stable Single-Family Home Sales, Softer Condo Activity

Homes priced at $500,000 and below account for 146 sales in January as overall market activity remains steady

 

O'ahu's housing market opened 2026 with generally steady conditions compared to January 2025, with single-family home sales holding relatively stable and condominium activity softening year-over-year. Properties priced at $500,000 and below accounted for 146 year-to-date sales in January, with more than 1,000 active listings available in that price range. Overall, single-family home sales totaled 194 transactions, down 1.0% from a year ago, while condominium sales declined 4.8% year over year to 297.

 

Highlights from our January Monthly Statistics Report:

• The median sales price for single-family homes modestly increased 0.2% year over year, while the condo median price dipped 1.9%.
• Homes spent more time on the market, with single-family homes recording a median of 27 days compared to 25 days last January, and condominiums increasing from 39 to 47 days.
• New listings for single-family homes rose 2.1% year-over-year to 343, while condominium new listings declined 5.8% to 696.
• Active inventory for single-family homes dropped 8.2% year-over-year to 674 listings, while condominium inventory grew by 5.8% to 2,210 listings at the end of January.

"There is often a perception that sales activity is concentrated at the upper end of the market," said Aaron Tangonan, president of the Honolulu Board of REALTORS^®. "January data for properties in the $500,000 and below range reflects the diversity of listings and buyer activity on O'ahu, and shows that opportunities for homeownership continue to exist, even as market conditions vary across segments."