The Honolulu Board of REALTORS®, reported that year-over-year sales for single-family homes are down while condo sales remained flat on O‘ahu. Dive into the report below!
In July, single-family home sales were down 7.4% year-over-year, with 249 sales, and condo sales remained unchanged with 389 units sold.
“While prices softened and more inventory became available, buyers appeared more strategic in July,” said Trevor Benn, President of the Honolulu Board of REALTORS®. “With more options on the table, we saw decision timelines extend, especially in the condo market.”
Sales for single-family homes are down 7.4% when compared to this time last year, with 249 sales in July. Homes spent a median of 20 days on the market in July, 4 days less than the previous month. The median sales price for single-family homes was $1,075,000 in July, representing a decrease of 5.7% when compared to this time last year.
There were 389 condos sold last month, which represents no change when compared to July 2024. The median number of days on the market for condos was 50 days last month. The median sales price for condos in July 2025 was $490,000, representing a decrease of 3.7% when compared to one year ago.
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