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