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Honolulu Restaurant Week / ホノルル レストラン ウィーク 11/9-11/17
63 Restaurants Are Showcasing Their Menus With Deals During Honolulu Restaurant Week November 9th – 17th
The Nov. 9 to 17 showcase is a win-win for restaurants and diners in a historically slow season.
October 2025 Oahu Real Estate Market Stats / 10月2025年オアフ島不動産統計
Aloha!!
Hard to believe the holiday season is just around the corner! It seems less tourists on the island now.
Please see the Market Stats here.
Condo sales saw a notable increase last month, largely due to 130 closings from the new project, The Park on Keeaumoku.
July 2025 Oahu Real Estates Market Stats / 2025年7月オアフ島
Oahu’s housing market, saw some modest adjustment in July.
🌺Aloha～
Hope everyone has a great summer time.
We were very fortunate that the tsunami didn’t impact Oahu on July 30th, following the major earthquake near Russia. Although Kahului in Maui and Hilo on east side of Big island experienced tsunami activity, there were no significant damages. 👍
Here is July’s Housing market stats!
🌺 アロハ～
皆さまが素敵な夏を過ごされていることと思いますが。年々日本の夏は暑すぎているようですので体調には十分気を付けて下さい。
7月30日にロシア付近で発生した大地震の影響による津波が、オアフ島には影響を及ぼさなかったことは本当に幸運でした。マウイ島のカフルイや、ハワイ島東部のヒロでは津波の影響が見られましたが、大きな被害は報告されていません。👍
こちらが7月の住宅市場統計です！
April 2025 Oahu Real Estate Market Stats/ 2025年4月オアフ島不動産マーケット統計
Oahu’s real estate market Apr 2025 is facing some challenges due to several key factors:
- Rising Inventory: The number of available homes, especially condos, has increased significantly. This higher supply can lead to longer selling times and more competition among sellers.
- Market Cooling: After years of rapid price growth, the market is stabilizing. Some buyers are waiting for better opportunities, leading to slower sales.
- Demographic Shifts: A notable percentage of Honolulu buyers are looking to move elsewhere, reducing local demand.
- Economic Uncertainty: Broader economic trends, including inflation and global market shifts, are influencing buyer confidence and investment decisions.
オアフ島の不動産市場は、いくつかの重要な要因によって課題に直面しています。
- 在庫の増加: 特にコンドミニアムの供給が大幅に増加しており、市場の物件数が多くなったことで、販売期間の長期化や売り手間の競争が激化しています。
- 市場の冷え込み: 長年の価格高騰を経て、市場が安定しつつあります。一部の買い手はより良い購入機会を待っており、販売のペースが鈍化しています。
- 人口動態の変化: ホノルルの買い手の中には、他の地域への移住を検討する人が増えており、地元の需要が減少しています。
- 不透明な経済市場: インフレや世界市場の変動などの経済的要因が、買い手の信頼感や投資判断に影響を与えています。
March Oahu Housing Market Update / 3月ハワイオアフ島不動産マーケット
Oahu’s housing market closed out the first quarter of 2025 with mixed results.
- Single Family Home – Inventory increased 33% and the average Sales Price SFH reached $1,819,326 – a figure influenced by a single transaction in the Kahala area for $65.75 mil – excluding this sale results in an adjusted ave of $1,507,469 last month was $1,400,966, 7.6% increase from last month.
- Condo – continues sluggish. Inventory increase 54% compared to last year.
- Mortgage rate – 30-year mortgage rates decreased slightly to 6.65%.
オアフ島の住宅市場は3月もミックス傾向を示しました。 一戸建住宅市場は売り手市場、コンドミニアム市場は買い手市場が続いています。
- 戸建住宅: 在庫が33％増加し、平均販売価格が$1,819,326を付け昨年の同月とくらべて＋31％でしたが、これはカハラ一戸建て$65,75ミリオンという売買が影響したからです。この売買を抜くと$1,507,469になります。
- コンドミニアム: 昨年同月より54％多くのコンドミニアムが市場に出てますが、販売数が7.3％増加しています。それでもしばらく買手市場だと思われます。
- 住宅ローン金利: 30年固定金利はわずかに減少し、6.65％になりました。
December 2024 Oahu Real Estate Market
December 2024 Oahu Real Estate Market Stats
The real estate market continues to show positive sales momentum as we move through 2024. Buyer demand remains robust, indicating an increase in sales activity and a moderate rise in price this year. Despite ongoing challenges such as high home prices, limited inventory, and fluctuating mortgage rates, we anticipate moderate growth this year.
According to a report from the University of Hawaii Economic Research Organization on December 13, a household needs to earn twice the statewide median income, or approximately $200,000 annually, to afford a median-priced single-family home in Hawaii. This highlights the economic pressures facing potential homeowners in our market.
不動産市場は2024年を通じてポジティブな動向が続いています。バイヤーの需要は依然として強く、今年も住宅販売の増加と価格の緩やかな上昇が予想されます。高額な住宅価格、限られた在庫、変動する住宅ローン金利といった課題が続いているにもかかわらず、今年は緩やかな成長が見込まれています。
ハワイ大学経済研究機関の12月13日の報告によると、ハワイで中央値価格の一戸建て住宅を購入するには、州全体の中央値の2倍、約20万ドル（約３千万円）の年収が必要です。これは、潜在的な住宅購入者が直面している経済的圧力を浮き彫りにしています。
Typical First-Time Home Buyer 38 years old.
The National Association survey sheds light on housing market by Star Advertiser
Fewer Fist-Time Buyers:
Just under 1 in 4 home buyers purchased for the first time. That’s the lowest share of first-time buyers since the association began collecting data in 1981. These buyers also are older and make more money than in the recent past. The typical first-time home buyer was 38 years old in the latest survey, compared with 35 in 2023. Buyers are having to wait to purchase their first homes and needing higher incomes because properties have gotten less affordable.
Paying in CASH:
A record high of 26% of buyers paid with CASH! The typical down payment was 9% for first -time buyers- the highest percentage since 1997. It was 23% for repeat buyers – the highest since 2003.
Multiple-Family Home:
Homebuyers are looking to purchase a multigenerational home. Cost savings are a major factor, with young adults returning home – or never leaving due to high rent and home prices.
Married Couples:
An increasing share – roughly 3 in 5 homebuyers were married. The share of unmarried couples buying home dropped to 6%. The share of single women buying homes grew slightly to 20% while the share of single men buying homes dropped to 8%.
Aging Sellers:
The typical home seller was 63 years old – the oldest the survey has ever recorded. The most popular reason for selling was a desire to move closer to family and friends as well as for upsizing or downsizing. One in 10 said they wanted to sell because their neighborhood was becoming less desirable.
October Oahu Real Estate Market
The e October Oahu Real Estate Market shows signs of stability.
The number of closed sales increased by 20.3% for Single-Family Houses and 10.7% for Condos/Townhouses compared to last month.
Year-over-year, Single-Family House sales are up by 22.5%. While Condo/Townhouse sales have lagged, Single-Family House sales are leading the market.
Despite this, the median and average sales prices for both Single-Family Houses and Condos/Townhouses have remained stable.
Condo/Townhouse inventory in October, is showing a 3.7% increase from the previous month.
Post the U.S. Election looks pretty good. Stock market keeps respectably firm and Federal Reserve cut interest rates by a 0.25% on 11/7/2024.
The Federal Open Market Committee lowered its benchmark overnight borrowing rate by a quarter percentage point to a target range of 4.50%-4.75% on November 7th.
