O’ahu Luxury Real Estate Report: Quarter 2 2026
O’ahu Luxury Single-Family Market Summary
Oahu’s luxury single-family home market strengthened in Q2 2026. Sales 12% quarter-over-quarter and average days on market fell from 81 to 58 days. This signals healthy buyer demand and improved market absorption. Homes sold for an average of 97.7% of asking price, and nearly 39% sold at or above list price, demonstrating continued competition for well-priced properties. The $1.8M-$2.9M range remained the market’s strongest segment, accounting for nearly 77% of all luxury home sales, while local Hawaii buyers represented the majority of purchasers. Although the median luxury home price declined slightly to $2.38 million, price stability, faster sales, and sustained buyer activity point to a balanced and resilient Oahu luxury real estate market.
O’ahu Luxury Condominium Market Summary
Oahu’s luxury condominium market gained significant momentum in Q2 2026, with sales increasing 65% quarter-over-quarter and the median sales price rising to $2.71 million. Buyers remained active yet selective, with luxury condos selling for an average of 93.9% of asking price, while 18.4% of transactions closed at or above list price compared to none in the previous quarter. The $1.8 million to $2.9 million price range continued to drive the market, accounting for nearly 65% of all luxury condo sales. Although average days on market increased, reflecting a more deliberate buying environment, strong sales growth and increased demand from Japanese and mainland corporate buyers underscore the continued appeal of Oahu luxury condominiums to both local and international purchasers.
Click through this report to learn more about what happened in the Oahu luxury real estate market in the second quarter of 2026. See the the top single-family home and condominium sales, data on active listings and escrows, and statistical comparisons to quarter 1 2026. Click here to read our Quarterly Market Report on Kauai, Maui, and Hawaii Island luxury real estate.
Your Luxury Hawaii Real Estate Experts
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
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.
Curious about the value of your home?
Online tools like Zillow offer convenient estimates of home values. However, they often lack the nuanced understanding and personal touch that a real estate agent provides. Click here to learn why it’s important to get an expert assessment of the value of your home, whether you’re making plans to sell, are wealth or financial planning, or are just curious.
