Luxury Market Report 2026 Q2

Market Report September 3, 2026

Aloha and welcome to The Oahu Quarterly Luxury Market Report from List Sotheby’s International Realty, where we take a closer look at the most recent real estate activity here on Oahu.

The Oahu luxury home market report is broken down into four single-family home categories and two condominium price segments.

Single-family home sales for Q2 2026 priced from $2 to $3 million increased 17.54% compared to Q2 2025, with 67 homes sold in the quarter compared to 57 homes during the same period last year. Months’ supply of inventory decreased 14.43%, falling to 8.3 months in Q2 2026 from 9.7 months in Q2 2025.

For single-family homes in the $3 to $5 million range, sales decreased 42.42%, falling from 33 in Q2 2025 to 19 in Q2 2026. Months’ supply of inventory increased 40.37% to 15.3 months from 10.9 months last year.

In the $5 to $10 million range, 9 single-family homes sold in Q2 2026, a 28.57% increase from the 7 sold during the same quarter last year. Months’ supply of inventory decreased 39.29% to 11.9 months from 19.6 months in Q2 2025.

One single-family home sold at or above $10 million in Q2 2026, a 50.00% decrease from the 2 homes sold in Q2 2025. The top sale was a home in Beachside that sold for $10,500,000. Months’ supply of inventory increased 25.75%, rising from 26.8 months in Q2 2025 to 33.7 months in Q2 2026.

Condo sales in the $1 to $2.5 million range increased 8.82% in Q2 2026 from Q2 2025, with 111 closed sales this quarter versus 102 during the second quarter last year. Months’ supply of inventory decreased 3.51% to 5.5 months from 5.7 months in Q2 2025.

Sales for condos priced at $2.5 million and higher rose in Q2 2026 to 23, compared to 20 sales in Q2 2025, an increase of 15.00%. Months’ supply of inventory decreased 5.65% to 11.7 months from 12.4 months in Q2 2025.

Ten condos sold at or above $5 million in Q2 2026. Four were at Park Lane, three at Waiea, and one each at Victoria Place, Ritz-Carlton Residences and Ocean Villas at Turtle Bay. The top sale was a residence at Waiea that sold for $10,800,000.

Remember that every home and situation is unique. For guidance with your current or future home, contact one of our experienced agents. That’s the Oahu Quarterly Luxury Market Report for this quarter. Check back soon for the latest.