Oahu’s Luxury Real Estate Market

Oʻahu Luxury Real Estate 2025: Market Insights & Notable Sales

Oahu’s luxury real estate market continues to thrive. A stunning Keawakapu Beach estate sold in June by Josh Jerman R(B), Matt Beall R(B), and Leslie Mackenzie Smith R(S) for $28.56M. Meanwhile, the median sold price island-wide for the luxury market has reached $5.5M, growing 18% from the same period in 2024. Additionally, over the last 10 years, the average price at which luxury homes have sold has increased by $3.5M, now sitting at around $5.5M.

There are 118 homes currently on the market on Oahu at $3M or higher. Average days on market for luxury homes is 105 days, up from 98 in 2024. Inventory in the ultra luxury market ($10M+) continues to grow and sales are steady from 2024. Read the full Hawaii Life 2025 Midyear Luxury Market Report here.

Notable Oahu Luxury Listings:

1388 Ala Moana Boulevard #6504: Rarely available, 4-bedroom Park Residence at Park Lane Ala Moana, Honolulu’s preeminent luxury development, listed at $12.65M.

Makena Place 8: 4-bedroom, 4.5-bath home nestled into a gated residential condominium community on Maui’s sun-drenched south shore, listed at $18.9M.

17 Halapa Place: Atop the exclusive and private enclave of homes at The Ridge at Wailea, sits an oceanview masterpiece of modern architecture and design, listed at $11.99M.

Why the Luxury Market on Oʻahu Remains Resilient

Several key drivers keep Oʻahu’s luxury real-estate market vibrant, like unique Hawaii properties and limited supply, which amplify the appeal of ocean-view, large-acreage, or “off-market” estates. Global interest, with high-net-worth buyers from the mainland U.S. and overseas continuing to view Oʻahu as a premium destination.

With Hawaii Life, You’re in Good Hands

Hawai’i Life actively participates in the luxury end of the real estate market and focuses not only on respect for our clients, but also seeks to maintain a relationship with the beautiful land and environment that surrounds us daily.

We support Leadership and Energy in Environmental Design (LEED) projects like Ward Village, which is LEED-certified at the highest level, indicating that energy, air quality, water savings, and other environmental impacts are held to high standards set by the U.S. Green Building Council. Sustainable building techniques and healthy environments are important to maintain and develop, and Hawai’i Life actively works to help our clients to find sustainable-living homes.

Connected to this relationship with the environment, we also recognize our clients’ desires for homes that blend into the surrounding topography, use natural materials, and take environmental and weather information into consideration. Hawai’i Life has access to very large acreage and “off market” properties, which aren’t widely advertised.

Hawai’i Life has the resources available to help you find the home that suits your needs. The rate of second home ownership continues to grow. Honolulu has the highest percentage of foreign real estate investment of any city in the United States, but local buyers account for 70% of real estate sales on Oahu. We understand how to work with mainland, international, and local luxury home buyers.

Interested in Exploring the Luxury Real Estate Market?

If you are interested in exploring the luxury real estate market on Oahu, you will be in good hands with Hawai’i Life. Contact us today!