Single-Family Home Sales Increase in March While Condo Activity Softens

April 2026 Oahu Real Estate Market Update: Interest rates went back up to the low to mid 6% range (from under 6% earlier this year) because of the war in Iran, inflation, and other global factors. This hasn't slowed down the Oahu real estate market much because inventory is so tight and a lot of people are sitting on cash and not affected by having to get a loan. Single family homes are still in a strong sellers market, but condos are in buyer market territory with growing inventory and slower sales. If you have any specific real estate questions reach out and let's chat!

Happy Easter! 🐣🐰🥚

We had an amazing Easter brunch with family at Oahu Country Club!

Last Month Sale Stats

Highlights from our March Monthly Statistics Report:

• Properties priced at $500,000 and below accounted for 178 sales in March and 473 year-to-date, with 1,138 active listings in that price range.

• Nearly 50% of condominium sales occurred in the $300,000 to $599,999 range, with single-family home transactions at $999,999 and below rising 31.9% year-over-year.

• Days on market: Homes spent slightly more time on the market, with single-family homes at a median of 21 days compared to 15 days last March, while condominiums increased from 40 to 43 days.

• Active inventory: At the end of March, inventory remained limited for single-family homes, ending with 691 active listings, down 10.6% year-over-year, while condominium inventory was relatively unchanged with 2,294 condo listings, a 0.3% dip.

Alia - Big Opportunity!

I have a one bedroom available at Alia for the lowest possible price. It’s a new condo project built by Kobayashi group. It’s on the mauka side of the building and it’s just a little over $1 million and it’s probably the lowest entry unit into this brand new building, which should be completed in about a year or two and so if you or you know anyone looking to get into a Alia who missed the boat reach out and I’d be happy to give you the floor plan and the rendering so you can see if it’s the right fit for you.

#1 Brokerage In The US!

We are thrilled to announce that for the 5th consecutive year, RealTrends has named Compass the # 1 independent brokerage in the U.S. by sales volume! #thisiscompass

What's Happening to the Housing Market Right Now

In this episode, Dave Meyer, Chief Investment Officer at BiggerPockets, to discusses how everyday people are achieving financial freedom through real estate. We dive into the demographics of modern investors and the strategies, from rentals to flips, that actually work in today's market.

Dave shares some incredible data-driven insights on the future of the industry, including the impact of climate change, shifting demographics, and why the Midwest is a hidden gem for affordable housing. We also talk about why working with a savvy agent is more critical than ever. I learned a ton from Dave, and I know you will too!

JUST LISTED 84-1000 Maiola St in Makaha for $5M!

It's a 4 bed, 4.5 bath estate with 3,640 sqft of living, 55,241 sqft lot, an ADU, a detached 1,800 sqft 2 story storage warehouse with elevator, swimming pool, tennis court, and mini chip and put golf course all within the private gated community of Mauna 'Olu Estates.

JUST SOLD 2456 Sonoma St in Manoa for $2.4M!

How did we do it? We took professional photos, drone, shots, and video for this property. We also helped renovate the property with our own contractor and paid for premium staging to make it look very nice. We were present for most of the showings and hosted lots of open houses on almost every single Sunday. We had to do a few price reductions and finally found a buyer. We fell out of escrow once because the buyer wanted a large credit but we felt we could find a stronger buyer and sure enough we found one who we didn't have to give any credits or repairs to and closed on time.

JUST SOLD 1898 Iwi Way in Maunalani Heights for $1.39M

JUST SOLD 1898 Iwi Way in Maunalani Heights for $1.39M (listed at $1.43M)! How did we do it? First I took professional photos and did a mixture of light staging along with virtual staging to make the home look really nice and inviting. We also did a lot of video work and social media marketing to attract buyers. We went into escrow twice, but dealt with fickle buyers who were looking for a perfect home. Finally the third time was the charm as we found a reasonable buyer willing to take the home as is and for a great price. We ran into a bit of a predicament when we found out there wasn't a clear access document for the shared road leading up to the property, but we did some research and worked it out with escrow so the buyer's lender could get the job done. We were present for most showings, cared for the property, and hosted open houses on almost every single Sunday. Our seller is very thankful we got the job done for them and we look forward to working with them again in the future.

JUST SOLD Ka La'i Waikiki Beach #1105 for $720,000!

We were listed at $749,000 and went into escrow within about 3 weeks on the market. It's a 559 ft.² studio with a 77 ft.² lanai overlooking Fort Derussy Park and Waikiki Beach. This unit participated in the renovation program so it can be used in the new Hilton LXR hotel pool program, used as a long-term one year rental, or as a primary residence, or second home. The full building renovation is estimated to be completed early this summer and so I think there's a great opportunity right now to pick up a unit at a great price in this building before the grand reveal. I'm a fellow owner and board member of the association so I know all of the ins and outs of this building so please reach out if I can help you with buying or selling within Ka La'i Waikiki Beach!

Current Listings

Punchbowl Area

1415 Victoria St, Unit 211, 96822

1 BD 1 BA 539 SF $340,000

Kahala-Waialae

1455 Kalanikai Pl, Unit 40, 96821

5 BD 3 BA 2122 SF $1,390,000

Waikiki

223 Saratoga Rd, Unit 1906, 96815

0 BD 1 BA 355 SF $470,000

Kapiolani

583 Kamoku St, Unit DH1907, 96826

2 BD 2 BA 1082 SF $660,000

Makiki

1508 Kewalo St, Unit 101B, 96822

2 BD 1 BA 608 SF $390,000

Maunalani Heights

1898 Iwi Way, 96816

3 BD 2 BA 1372 SF $1,430,000

Off Market Listings

Inquire directly for any of these off market opportunities

- Ka La’i Waikiki Beach Penthouse $6.9M

- Palolo Ave 8 bed 6 bath $1.75M

- 1144 Hunakai St in Kahala $2.6M

- 3032 Harding Ave in Kaimuki $999k

- Ae’o 1 Bed Rented at $3700/mo asking $800k

- Kaimuki 3 bed 2 bath make your offer

– Manoa 4 bed 2.5 bath, Alani Drive, $1.9M

Potential Fixer Uppers

Coconut Grove

241 Kihapai St, Unit A, 96734

3 BD 2 BA 1364 SF $1,070,000

If you have a specific real estate question or goal reach out and let's start to have a conversation together so I can come up with a strategy to get you there. Send this to someone who you think would benefit from meeting with me!

Ben Fieman

Realtor Broker | RB-23470 | MBA Compass Hawaii, Founding Agent

#9 Agent on Oahu, #26 in Hawaii - RealTrends Rankings

Career: $250M+ 300 transactions

Work: 808.400.7007

Email: Ben@Fieman.com

Website: www.Fieman.com

Henry Hume

Assistant to Ben Fieman

RS-87091 | DRE-02159332 Compass HI & CA

Team FIEMAN & HouseofHume

P: 310-775-0676

E: henry.hume@compass.com

Compass Profile: Click Here