O‘ahu’s housing market closed 2025 with signs of stability, shaped by steady mortgage rate movement, shifting affordability dynamics, and changing conditions in the condo market. While overall sales activity remained relatively flat compared to the prior year, buyers benefited from increased inventory and more choice, while sellers faced a more competitive environment. Our latest report summarizes key data from December 2025 and highlights trends that defined the full year.

We are pleased to congratulate the following Island Living Homes agents on their 2025 Aloha ‘Āina REALTOR® Award nominations: Sarah Baker, Arielle Oftedal, Shannon King, and Scott King. Ten award winners are announced each December at the Honolulu Board of REALTORS® Winter General Membership Meeting, recognizing Realtors® who go above and beyond in service while maintaining the highest ethical standards.

September of 2025 ended with rising sales for Oʻahu’s housing market. Single-family home sales jumped 27.2% year-over-year in September, to 276 sales, and 6.1% for the quarter. Condominium sales increased 11.5% to 408 last month and were up 2.8% compared to the third quarter of 2024.

Buyers in the single-family home market were particularly active in August, with pending sales jumping 28.5% year-over-year to 302—the highest monthly total so far this year. Pending condo sales were steady, slipping just 1.0% with 406 contract signings.

As more recession talk fills the air, one concern many people have is: "Should I delay my homeownership plans if there’s a recession? "