08/05/2026
Two numbers from July that don’t agree with each other: the average Oahu sale price crossed $1M for the second straight month — up 9% from last July. And price per square foot fell to $653, the lowest in our dataset since early 2023.
Both are true. The resolution: the typical home isn’t appreciating 9%. The top of the market woke up — Metro Honolulu single-family just posted its highest median since 2023, selling in a median of 14 days — and big sales pull the average up with them.
Also in this month’s Pulse: 736 closings (+17%) with zero rate relief, Ewa Plain now $7K from a $1M median, and condos quietly finding a floor.
The full August Market Pulse is on our journal — myrealtygrouphi.com/journal.
Data: HiCentral MLS via InfoSparks, July 2026 closings.