Market Reports
Metric | 1Q 2024 | 1Q 2025 | Q/Q% Change |
---|---|---|---|
Total Volume | $14,700,000 | $17,625,000 | 20% |
Number of Transactions | 7 | 6 | -14% |
Median Sales Price | $1,900,000 | $2,887,500 | 52% |
Median Price Per Unit | $271,428 | $303,750 | 12% |
Total Number of Units | 73 | 72 | -1% |
1Q 2025 Oahu Family Multifamily Market Report
The O'ahu multifamily apartment market kicked off 2025 with a 20% increase in total sales volume, reaching $17.6M, despite a 14% drop in the number of transactions. This suggests that although fewer properties traded hands, they sold at much higher price points, with the median sales price jumping 52% year-over-year. The median price per unit also rose 12%, reflecting continued investor confidence in O'ahu's rental housing market. However, the median days on market more than doubled, signaling potential buyer hesitation or extended due diligence amid rising prices.