Oahu Luxury Real Estate Update: December 2025
Luxury Home Overview
O’ahu luxury home sales remained strong in December, closing out the year with 41 sales, the same as in November. Median price decreased by over 4% and price per square foot dropped by 10% from last month. There was no change in the average days on market from November. Luxury homes received a slightly higher percentage of their asking price and a larger proportion of them sold at or above asking price. There was a notable increase in price reductions compared to November, up from 21.9% of homes having reductions in November to 34.1% in November.
There was very little change in available inventory or pending sales, with one exception. There was a large drop in pending sales in the $1.8-$2.9M range, which corresponds to the high proportion of sales in the range in December. Overall, well-priced, high-quality homes are still generating strong interest and, in some cases, competitive offers. However, homes not strategically priced required adjustments in response to buyer feedback.
Luxury Condo Overview
December marked a robust close to the year for Oʻahu’s luxury condo market. The month’s 17 sales, up 54.5% from November, was second highest sales volume for the year, behind August’s 21 sales. Median price rose 18% from November and price per square foot went up over 13%. Luxury condos sold about two and a half months slower than in November. However, it’s important to note that last month’s DOM was the fastest since January of this year. Luxury condos received a smaller percentage of their asking price and a slightly smaller proportion of condos sold at or above asking price.
As with luxury homes, there was a big increase in price reductions in December compared to November. The luxury condo market also saw little change in available inventory and pending sales. Similar to luxury homes, the most notable change was a decrease in pending sales in the $1.8-$2.9M range. Overall, buyers took more time to commit and negotiated more deliberately, but the market remains healthy.
Click through the report below for the full update on what happened in Oahu luxury real estate in December. Click here for a quarter 3 2025 report on Oahu’s luxury real estate market. Visit our YouTube channel and subscribe for weekly videos on Oahu’s real estate market, featured properties, and our local community.
Your Luxury Hawaii Real Estate Experts
Whether you are selling or buying Hawaii luxury real estate, it’s essential to work with an experienced, knowledgeable realtor who can guide you through the current market. Expert pricing and negotiation are key strengths of the realtors at Caron B Realty. These skills have allowed us to bring record-breaking sales and multiple offers on our client’s listings. To discuss the market in your area or the value of your home, please call our office at (808) 593-9826 or email concierge@caronb.com
