Oahu’s Hawaii real estate market in January 2025 painted a picture of continued strength and healthy appreciation. Single-family homes saw a median sales price of $1,110,000, a 4.8% jump from December and 9.9% increase year-over-year. With 207 homes changing hands, we see a fairly typical seasonal dip compared to December 2024, a 14.5% decrease; however, compared to January 2024, there was an 8.9% increase. This activity translated to a total sales dollar volume of $274,842,445 for single-family homes. Meanwhile, the condominium market also demonstrated positive momentum, with a median sales price of $539,500, up 0.8% from last month and 7.9% from the same time last year. Condo sales reached 318 units, a 4.5% decrease from December but a more substantial 7.8% rise compared to this time last year. Total condominium sales amount was $206,345,471.

The data suggests a healthy market with steady appreciation and strong demand. For single-family homes, the average list price was $1.4 million, with an average sold price of $1.3 million and a median days on market of 24. Condominiums had an average list price of $662.9K, an average sold price of $648.9K, and a median days on market of 38.

Single-Family Homes

Condominiums

The strong performance in January points towards a positive trajectory for the Oahu real estate market in 2025. The consistent appreciation in median prices, coupled with healthy sales volume, signals continued buyer demand and seller confidence.

Source: Title Guaranty Hawaii

Hawaii and Japan are strengthening their relationship with a new action plan aimed at boosting tourism and economic ties. Governor Josh Green and the Japanese Consul General in Honolulu recently signed the agreement, which focuses on streamlining travel for Japanese visitors. This initiative follows a Hawaii-Japan summit held last year, designed to revitalize connections and create new opportunities for collaboration. A similar summit is planned for 2026.

The action plan introduces an expanded VIP entry program, now including school groups, and promotes existing programs like mobile passport control and Global Entry to simplify the arrival process. This effort recognizes the importance of Japanese tourism to Hawaii’s economy and seeks to address the slower-than-expected recovery of this vital market. While visitor numbers have increased compared to last year, they remain significantly below pre-pandemic levels.

This new agreement reflects a broader effort to enhance cooperation between Japan and the U.S., aligning with recent discussions between national leaders. It underscores the commitment to strengthening economic partnerships and fostering people-to-people exchanges. Hawaii continues to explore additional measures to facilitate travel, such as pre-clearance programs at Japanese airports, to ensure a smoother and more welcoming experience for visitors.

The return of Japanese visitors promises to revitalize not only Hawaii’s tourism sector but also its real estate market, where Japanese investment has long played a significant role.

A rare and exceptional condominium residence has just been listed in Honolulu, offering an unprecedented 501 sq. ft. wrap-around lanai with panoramic, unobstructed views of the Pacific Ocean, Diamond Head, Ala Moana Beach Park, the Ko’olau Mountains, boat harbors, and both sunrises and sunsets. This highly desirable corner unit, the only of its kind in the building, represents a unique opportunity for discerning buyers seeking a landmark property with incomparable “forever views” unique to this residence.

The 2-bedroom, 2-bath home encompasses 1,612 sq. ft. of thoughtfully designed living space, maximizing the breathtaking views throughout the primary living areas. The interior has been meticulously renovated and upgraded, featuring large slab tile flooring, sleek lacquer cabinetry, and bespoke built-ins. High-end appliances, fixtures, and lighting further enhance the refined elegance of the home. Both generously sized bedrooms offer access to the expansive lanai, allowing residents to wake up to and unwind with stunning vistas.

1350 Ala Moana is situated in one of Honolulu’s most coveted locations, directly across from Ala Moana Beach Park and the world-class Ala Moana Shopping Center. Its prime location also provides convenient access to Waikiki, Ward Village, and other popular destinations, placing a near-endless array of dining, shopping, entertainment, and recreational opportunities at residents’ fingertips. This exceptional property represents a rare chance to own a truly remarkable piece of Honolulu real estate.

Interested parties are encouraged to schedule a viewing to fully appreciate the unique features and unparalleled views this residence offers.

For more information about 1350 Ala Moana #L2, contact Sachi Hawaii:
(808) 596-8801 | info@sachihawaii.com