The Hawaiʻi Island real estate market remained steady in November, with total residential sales reaching 184 transactions (up 7% year-over-year), while the island-wide median sales price settled at $498,500, down 9% compared to last year. This divergence between improving sales activity and softening prices reflects a market where buyers are becoming more engaged, while maintaining strong price sensitivity.

With mortgage rates still lower than mid-year highs following the Federal Reserve’s September rate cuts, buyer interest appears cautiously improving, though price sensitivity and location continue to shape activity patterns as the winter season approaches.

BRIEF OVERVIEW:

Island of Hawaii Unit Sales Stats for November 2025 VS. November 2024

TOTAL SALES
Single Family Homes – Total sales of 130 single-family homes mark a decrease of 18% in comparison to November 2024 (158).
Condominiums – 38 total sold – down 16% from 2024 sales (45).

Single Family Homes Specific Stats:

Median Sales Price:
$537,500 in November 2025. A decrease of 2% over the median prices from November 2024-$550,000.
SFR Days on Market:
41 days on market average for November 2025 – a decrease of 2% from November 2024.

Condominium Specific Stats:
Median Sales Price:
$604,900 in November 2025. Median prices down by 7% from November 2024 ($650,000).
Days on Market:
80 median days on market in November 2025.Increase of 86% compared to November 2024 which had a 43 day average.

Vacant Land Specific Stats:
November 2025 Total Closed Sales:
89 parcels. Down 33%compared to November 2024.

Median Sales Price:
$43,000, representing a 1% increase in median price over November 2024.

Days On Market:
32 Days on Market for land sold in November 2025.A 23% decrease in days on market.