The Market Pulse is our monthly read on the Oahu market — the numbers first, then what we think they actually mean. Everything below comes from HiCentral MLS closed-sale data (via InfoSparks), pulled July 16, 2026, covering June closings.
The headline: 731 homes closed on Oahu in June — up 9% from last June and the strongest month in over a year. Demand is clearly back. But where that demand is landing depends entirely on what kind of property you're talking about.
Single-family homes: moving fast again
If you've been waiting for proof that buyers returned, June's single-family numbers are it.
- Ewa Plain — the island's busiest single-family market — closed at a median of $977,500, with median days on market down to 16 days (it was 36 last June, and hit 11 in May). Entry-to-mid-priced houses out west are getting absorbed as fast as they list.
- Metro Honolulu single-family closed at a median of $1,275,000, up meaningfully from last June's $1.16M, with homes going under contract in a median of 18 days.
- Hawaii Kai logged 21 single-family closings — its biggest month in our three-year dataset — at a median of $1.54M and just 12 days on market. (Hawaii Kai medians swing month to month because the sample is small; the days-on-market and sales-count story is the reliable part.)
The pattern across all three: correctly-priced houses aren't sitting. Two-to-three weeks on market is the new normal for single-family, which is spring-2024 speed.
Condos: a different market entirely
Condo supply island-wide sits at 6.7 months in Metro Honolulu — technically buyer's-market territory — and the median Metro condo took 49 days to go under contract in June, versus 18 for a Metro house.
Prices are holding better than the pace suggests: the median Metro condo closed at $511,500, the second straight month above $500K. (Condo medians move around with what sold, so we read two consecutive months as a signal and one month as noise.) Ewa Plain condos closed at a median of $667,993 — basically flat year-over-year — but posted 92 closings, an outlier month; when we see a spike like that, it's usually new-project closings recording in batches rather than 92 individual resale wins.
The honest read for condo owners: buyers have choices, they know it, and carrying costs — maintenance fees, insurance, special assessments — are doing more of the negotiating than list prices are. If you own in a building with a clean budget and no looming assessment, say so loudly in your marketing. It's a genuine differentiator right now.
What we're watching
- Inventory is rebuilding into late summer. Active listings hit 3,503 in June, climbing since January but still 3% below last June's peak. Last year supply topped out at 6.0 months in early summer and tightened all fall. If that seasonal rhythm repeats, sellers listing in the next 60 days face more competition than they did in spring.
- The single-family / condo gap. A 16-day market and a 49-day market are coexisting on one island. That gap is the whole ballgame for pricing strategy right now — island-wide averages will mislead you in either direction.
- Sellers are still getting 99% of list. Median percent of list price held at 99% in June. Pricing right the first time is what's separating the 2-week sales from the 2-month ones.
The bottom line: If you own a single-family home and you've been on the fence, June was the market telling you the buyers came back — priced right, you should expect real activity inside a month. If you own a condo, the market hasn't turned against you, but it has turned into a negotiation — go in with accurate pricing, clean building financials, and patience. And if you're a buyer: the condo side is where your leverage lives this summer; on the house side, come pre-approved and ready to move, because 16 days doesn't wait.
Questions about what this means for your specific property? That's a 15-minute conversation — schedule one, or get a real valuation built from your actual comp set.
Data: HiCentral MLS via InfoSparks, pulled July 16, 2026. Data deemed reliable but not guaranteed.
Published July 16, 2026 · Dylan Fujimoto, Realtor (Lic. RS-86710), MY Realty Group at Keller Williams Honolulu.
