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.