Oahu Luxury Real Estate Update: What Happened in July 2026
Luxury Home Overview
July was a standout month for Oahu’s luxury single-family home market, with sales activity reaching its highest level since April 2022. While median prices softened slightly, homes sold faster and a larger share of properties achieved or exceeded asking price, signaling continued buyer demand. At the same time, growing inventory and an increase in price reductions highlight a more competitive environment where strategic pricing is essential. In the report below, you’ll find trends, performance metrics, and opportunities shaping the luxury market.
Luxury Condo Overview
Oahu’s luxury condominium market remained steady in July, with sales activity increasing modestly and market performance improving across several key indicators. Condos sold at a faster pace, achieved stronger list-to-sale price ratios, and saw gains in price per square foot, reflecting healthy demand for well-located luxury properties. Inventory continues to provide buyers with a broad selection, particularly in the most active price ranges, while low levels of price reductions suggest sellers remain relatively confident. Overall, the market remains balanced, supported by steady demand, improving absorption rates, and continued interest in Honolulu’s premier luxury condominium communities.
Your Luxury Hawaii Real Estate Experts
Caron B Davis is a Honolulu luxury real estate broker and founder of Caron B Realty International, with over 36 years of experience and more than 950 closed transactions totaling $1.6 billion in sales. She is widely recognized for her expertise in East Honolulu luxury homes, including Diamond Head, Kahala, and Hawaii Loa Ridge, as well as oceanfront and view properties. In 2025, she sold the most homes in Diamond Head among individual agents. Caron also represented the highest sale in Hawaii Loa Ridge. Learn more about Caron B Davis here.
Caron B Realty International is a boutique luxury real estate brokerage based in Honolulu, specializing in East Honolulu’s most sought-after neighborhoods. Founded in 2001, the firm has closed over 1,326 transactions totaling more than $1 billion in sales volume. 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.
Guided by the philosophy of high tech, high care, high results, Caron B Realty International provides a level of precision, service, and market expertise designed for today’s luxury real estate clients. Follow us on YouTube for our latest luxury property tours, market update videos, and more. 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
