Oahu Real Estate Market Report — March 2026

Oahu Real Estate Market Report — March 2026

  • Audrey Alessi
  • 04/18/26

 

Neighborhood Breakdowns

Āina Haina – Kuliouou

East Honolulu · Single-Family Homes

Median Sale Price (Mar 2026): $1,630,000 | 5 closed sales | 89.4% of list price | 19 days on market | Active inventory down 11%

Āina Haina and Kuliouou had a quiet but meaningful March — 5 homes closed in just 19 days on average. This intimate East Honolulu enclave rarely floods with listings, and that scarcity is precisely what makes it valuable. The $1,630,000 median reflects the premium buyers associate with these peaceful streets, mountain views, and ideal positioning between Hawaii Kai and Kahala. With active inventory down 11% year-over-year, the selection here is thinning fast. The 89.4% list-price ratio reflects thoughtful negotiation on both sides — a balanced dynamic that keeps this market healthy and sustainable.

If you own in Āina Haina or Kuliouou and have been curious about what your home is worth in today's market, now is a great time to find out.

Ala Moana – Kaka'ako

Urban Honolulu · Condos

Active Condo Price Range: $510K–$750K | Condo-dominant corridor | $700K–$999K sales up 28.3% | Islandwide condo median up 2%

Ala Moana and Kaka'ako remain the beating heart of urban Honolulu — a walkable, world-class corridor attracting buyers from across the island and around the globe. The $700K–$999K condo segment, right in this neighborhood's sweet spot, posted a 28.3% jump in closed sales islandwide this month. With 43 days on market, buyers in this corridor have real time to evaluate options without last year's pressure. The combination of Ala Moana Beach Park, new luxury towers, and some of the best walkable amenities in Hawaii makes this one of the most compelling long-term investment corridors on Oahu.

This is a neighborhood where the right listing strategy and timing make a meaningful difference. If you're thinking about selling your Ala Moana or Kaka'ako condo, let's connect and look at what's moving right now.

Downtown – Nu'uanu

Urban Honolulu · Single-Family Homes & Condos

Median SFH Sale Price (Mar 2026): $1,307,500 | Sales up 20% | 97.6% of list price | 47 days on market | Price up 31% vs Mar '25

Downtown–Nu'uanu had a standout March — sales rose 20% and the median price surged 31% to $1,307,500, one of the strongest price jumps on Oahu this month. Sellers received 97.6% of asking price, and pending sales jumped 67% in the condo segment — pointing to a wave of activity coming in April and May. Nu'uanu's canopy-covered streets, historic character homes, and central location continue attracting buyers who want authenticity, community, and smart long-term value in one address.

With a 31% price jump and momentum building into spring, Downtown–Nu'uanu is worth paying close attention to right now — whether you're buying, selling, or simply keeping tabs on your home's value.

Hawai'i Kai

East Oahu · Single-Family Homes & Condos

Median SFH Sale Price (Mar 2026): $1,650,000 | Price up 1% vs Mar '25 | 98.3% of list price | 19 days on market | Condo sales up 14%

Hawaii Kai is doing exactly what it always does — performing reliably and beautifully. With a $1,650,000 median, 19 days on market, and sellers receiving 98.3% of asking price, this marina-front community remains one of Oahu's most consistent markets. The resort-style lifestyle, boating access, mountain backdrop, and proximity to world-class hiking and ocean recreation make it enduringly attractive. The condo market adds to the story — with the highest condo median price outside Ala Moana at $845,000 and a 14% jump in condo sales, Hawaii Kai is firing on all cylinders for both property types.

Hawaii Kai homes sell fast and close strong. If you're considering making a move — whether upsizing, downsizing, or cashing in on equity — this market is actively rewarding well-prepared sellers.

Kailua – Waimānalo

Windward Oahu · Single-Family Homes

Median SFH Sale Price (Mar 2026): $1,825,000 | Sales up 45% | 97.4% of list price | 22 days on market | Price up 7% vs Mar '25

Kailua and Waimānalo are on fire this March — sales jumped 45% year-over-year and the median price climbed 7% to $1,825,000, making this one of the most active and appreciating markets on the island right now. 29 homes closed in March alone, with sellers receiving 97.4% of asking price in just 22 days. Buyers who watch this market know: when the right home hits Kailua, it doesn't sit. The world-renowned beaches, beloved town center, and community feel people relocate for aren't going anywhere — and the market reflects that every single month.

Kailua is one of the top-performing markets on Oahu right now. If you own here and have been thinking about what's next, the demand picture heading into summer is as strong as it's been in years.

Kāne'ohe

Windward Oahu · Single-Family Homes

Median SFH Sale Price (Mar 2026): $1,350,000 | Sales up 15% | 100% of list price | 9 days on market | Price up 4% vs Mar '25

Kaneohe is quietly one of the most compelling stories on Oahu right now — homes are selling in 9 days and commanding 100% of asking price. Buyers here move fast and pay full price, which tells you everything about demand in this lush windward community. The $1,350,000 median is up 4% year-over-year with sales rising 15%. Nestled between the Ko'olau Mountains and Kaneohe Bay, this neighborhood offers a cooler, greener lifestyle that feels worlds away from the city while staying incredibly well-connected.

9 days on market and 100% of list price says it all. If you've been considering a sale in Kaneohe, the market conditions right now are about as favorable as they come.

Kapahulu – Diamond Head

East Honolulu · Single-Family Homes

Median SFH Sale Price (Mar 2026): $1,369,750 | Sales up 6% | 98.6% of list price | 13 days on market | $1M–$1.5M sales up 39.7%

Kapahulu and Diamond Head deliver one of the best combinations on Oahu — a prestigious address at a relatively accessible price point for the area. Homes here sell in just 13 days with sellers receiving 98.6% of asking, reflecting a focused and ready buyer pool. The $1,369,750 median spans a diverse mix of character homes near Kapiolani Park and elevated properties with iconic Diamond Head views. Islandwide, the $1M–$1.5M segment posted 39.7% more closed sales year-over-year — exactly the range most homes here fall into — signaling strong, broad-based demand in this corridor.

The Diamond Head address carries a prestige that transcends market cycles, and buyers are actively competing for homes in this price range. 13 days on market speaks for itself.

North Shore

North Oahu · Single-Family Homes

Median SFH Sale Price (Mar 2026): $1,525,000 | 8 closed sales | 92.4% of list price | 96 days on market | New listings down 61%

The North Shore operates on its own beautiful timeline — and that's part of what makes it so special. 8 homes closed in March at a $1,525,000 median, and homes take longer here (96 days) because buyers are deliberate and thorough on a purchase this meaningful. Sellers pricing strategically are receiving 92.4% of asking. With new listings down 61% year-over-year, inventory is extraordinarily thin — which sets up a compelling supply story heading into summer, the season when North Shore lifestyle peaks and buyer interest is highest.

New listings down 61% is a significant number. If you own on the North Shore and have been sitting on the fence, the supply picture heading into summer makes this a particularly interesting time to have that conversation.

Waialae – Kāhala

East Honolulu · Single-Family Homes

Median SFH Sale Price (Mar 2026): $3,137,500 | Price up 14% vs Mar '25 | 96% of list price | 11 days on market | Highest median price on Oahu

Waialae-Kahala continues its reign as Oahu's undisputed luxury market leader. The median sale price climbed 14% to $3,137,500 — the highest of any neighborhood on the island — with homes selling in just 11 days and sellers receiving 96% of asking price. The March 2026 data shows the $3M+ segment posting 40% more closed sales year-over-year, perfectly in line with what we're seeing here. Kahala's oceanfront estates, tree-lined streets, proximity to the Kahala Hotel, and global prestige make it a market unto itself — driven by scarcity, legacy, and a lifestyle that cannot be replicated anywhere else on earth.

14% appreciation, 11 days on market, and the highest median price on the island. If you own in Waialae-Kahala, you hold one of the most valuable assets in all of Hawaii — and right now, the market is moving in your favor.

 

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Audrey chose a career in real estate because she realized her potential was being able to connect people to the opportunity to create wealth through real estate within the community, Audrey thrives by remembering this one thing every day. Contact Audrey today!