O'ahu Luxury Market Report

CONDOMINIUM OVERVIEW O'AHU LUXURY MARKET

YTD Through Q1 2026 Condominium Sales > $ 1 . 5M

LISTINGS 117 SALES 41

CONDOMINIUM

Q1 2025 - 58 Sales | 18 % Decrease YOY

The O'ahu Luxury Condominium market is defined as exceptional properties selling for more than $1,500,000. With 117 listings and 41 sales, the luxury condominium market reflects approximately 2.8 months of supply — balanced conditions where buyers have more options, but well-priced, turnkey residences continue to attract serious interest. YOY Comparison Line: Q1 2025: 58 Sales | Q1 2026: 41 Sales | -18% Year-Over-Year Context Callout (address the decline directly):The year-over-year decrease reflects a recalibration following an exceptionally active 2025 condo market, combined with continued rate sensitivity in the second-home segment. Demand remains present — buyers are simply more selective about timing, building quality, and price positioning. Price Tier Breakdown: $1.5M–$3M: 32 — The most active condo tier, driven by lifestyle buyers and those simplifying island living $3M+: 9 — Ultra-luxury condos continue to transact for the right product in the right building

O'ahu luxury condominium buyers are increasingly purchasing for lifestyle — as a primary residence, a second home, or a lower-maintenance alternative to single-family living. Security, amenities, and location remain the top priorities.

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Hawai ʻ i Modern Realty

Q1 2026 O’ahu Luxury Real Estate Market Report