What’s Really Happening With Home and Condo Sales Across Oahu?
The Oahu real estate market delivered some surprising shifts in November 2025, with certain neighborhoods seeing dramatic increases in sales activity and price appreciation, while others cooled off. If you’re a homeowner, buyer, seller, or investor, understanding these localized trends is critical, because no two neighborhoods on the island are performing the same.
Below is a breakdown of the most important Oahu housing market trends, straight from the latest Honolulu Board of Realtors data.
Home Sales on Oahu: One Area Surges Ahead
One of the biggest surprises this month came from Makiki to Moiliili, which recorded the largest year-over-year increase in home sales on Oahu. Home sales jumped 140%, rising from 5 transactions last year to 12 this November.
Out of 21 major Oahu neighborhoods, home sales:
- Increased in 10 areas
- Remained flat in 4 areas
- Declined in 7 areas
This mixed performance highlights an important reality. While some parts of Oahu are heating up, others are stabilizing or slowing.
Oahu Home Prices: Where Appreciation Was Highest
When it comes to home value appreciation, Aina Haina to Kuliouou stood out as the strongest performer. Median home prices rose from $1,793,750 to $2,170,000 This represents the largest year-over-year appreciation for single-family homes on Oahu in November For homeowners in this area, this kind of appreciation reinforces the long-term value of owning real estate in high-demand East Oahu neighborhoods.
Condo Sales on Oahu: A Different Story
Unlike the single-family home market, Oahu condo sales showed broader softening across the island. The standout for condo sales volume was Moanalua to Salt Lake: Condo transactions increased from 6 last year to 9 this November However, across the island as a whole:
- Condo sales were down in 13 of 21 neighborhoods
- Flat in 3 neighborhoods
- Up in only 6 neighborhoods
This divergence between home and condo activity shows how buyer demand is becoming more selective, especially with interest rates and affordability still top of mind.
Condo Prices on Oahu: Appreciation Still Exists
Even with softer sales, some condo markets posted impressive gains in value. Waialae to Kahala led the island in condo appreciation: Prices increased 24% year-over-year Rising from $635,000 to $788,000 This confirms that premium locations with limited inventory continue to command strong buyer demand, even in a more balanced condo market.
What This Means for Buyers and Sellers on Oahu
The November 2025 data makes one thing clear: Every market, neighborhood, and condo complex on Oahu behaves differently. Some areas are seeing explosive sales growth Others are experiencing price appreciation without high transaction volume Condo and single-family markets are moving in opposite directions in many cases Relying on island-wide headlines can be misleading. Hyper-local data is what truly matters when making real estate decisions on Oahu.
Thinking About Buying or Selling on Oahu?
If you want to understand what these trends mean specifically for your neighborhood or condo building, getting a personalized market analysis is essential.
📞 Contact David Buck with Harcourts Island Real Estate 📱 Call or text 808-371-3509 for a custom breakdown of your local market.
As we head into the holiday season, November wraps up with valuable insights for anyone watching the Oahu real estate market in 2025. Merry Christmas and Aloha 🌴