Hawaii Real Estate Market Update: June 2025 

As 2025 draws to a close, Hawaii’s real estate market is still developing, exhibiting both resiliency and regional differences among the islands. With some markets recovering and others adapting to post-pandemic and economic reality, the most recent statewide housing statistics for June 2025 provide insightful information about movements in single-family homes and condominiums.

A Mixed Bag of Sales Activity Overall
Hawaii’s June real estate sales increased 15.6% year over year, with 587 single-family house transactions, up from 508 in June 2024. Condominium sales increased little from 476 to 480 deals (+0.8%), but otherwise stayed largely same.

Single-Family Houses on the Island (June YoY):

18.1% increase on Hawaii Island (189 vs. 160)

Kauai: Huge increase of 87.0% (43 versus 23)

Maui: A 1.5% drop (66 vs. 67)

Oahu: Significant 12.0% growth (289 vs 258)

Condos on the Island Breakdown (June YoY):

30.3% increase on Hawaii Island (43 vs. 33)

Kauai: decline of 20.7% (23 vs 29)

5.1% drop in Maui (56 vs. 59)

Oahu: A marginal 0.8% rise (358 vs 355)

While Kauai’s condo market shrank, indicating a change in consumer preferences, the island’s single-family market performed exceptionally well, almost doubling sales volume.

đź’° Median Sales Prices: Some Islands’ Corrections
Even though there was an increase in sales activity in several places, median sales prices—especially in the Maui market—are beginning to change.

Median prices for single-family homes (June YoY):

Maui: $700,000 -28.6% of $980,000

Kauai: $715,000 -16.4% less than $855,000

$575,000 ↑ from $552,000 (+4.2%) on Hawaii Island

Oahu: $510,000 -3.8 percent of $530,000

Median Prices for Condos (June YoY):

Maui: $1.315M (-5.7%) less than $1.395M

Kauai: $1.175M + 7.6% from $1.092M

Hawaii Island: $608,500 (-3.1%) less than $627,775

$1.125M ↑ from $1.120M (+0.4%) on Oahu

The single-family home market on Maui saw the biggest correction, with median prices dropping by about 29%. This could indicate that the market is cooling or rebalancing following years of sharp appreciation. Condos on Oahu and Kauai, however, continue to fetch high premiums, suggesting that there is still a desire for such areas.