Oahu Luxury Real Estate Update: What Happened in October 2026
Luxury Home Overview
October brought a more selective pace to Oahu’s luxury single-family home market, with sales volume declining 21.7% from September. Despite fewer closings, the median price increased 3.2% to $2.3 million and homes sold nine days faster, averaging just 34 days on market. With sellers still achieving 98.2% of asking price, the numbers point to continued strength for well-priced luxury homes, even as activity remains considerably more limited at the highest price points.
Luxury Condo Overview
October luxury condo sales fell sharply from September, with eight properties closing compared with 18 the previous month. However, September was an unusually active month, making the 55.5% decline appear more dramatic. Condos sold 21 days faster in October and achieved 98.7% of asking price, while price per square foot declined only 3.9%. With inventory outweighing pending sales across most price ranges, buyers remain selective and strategic pricing continues to be especially important for luxury condo sellers.
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
