As we head into the summer season, Hawaii’s real estate market continues to show resilience with some interesting shifts. With mortgage rates hovering around 6.4–6.8% and low inventory keeping competition alive, now is a strategic time to understand the nuances on Oahu and Maui. Oahu Snapshot (April/May 2026) Single-family homes remain in strong seller’s market territory with ~2.9 months of inventory and median prices around $1.15M–$1.16M. Condos are leaning more buyer-friendly at ~6.5 months of supply, with median prices near $500K showing slight softening. Sales volume is mixed — some neighborhoods like Downtown Honolulu to Nuuanu saw big jumps, while others are steadier. Days on market are increasing slightly as buyers are more selective. Maui Snapshot Single-family median prices rebounded to ~$1.29M–$1.30M. Condo market remains more buyer-oriented with higher inventory and median prices around $650K–$700K. Sales activity has been up year-over-year in some segments, but buyers are taking their time post recent weather and regulatory impacts. Key Factors Influencing the Market Rising rates due to global events, low overall inventory, and lingering effects from earlier 2026 weather events. Actionable Advice Buyers : Stronger negotiating power in condo segments. Sellers : Price realistically and prepare for slightly longer market times. Investors : Opportunities in well-managed long-term rentals.