Market Update – February 2026

Hawaiʻi Island’s housing market saw a pullback in single-family home volume in February, with sales declining 12% year over year to their lowest level since February 2014. However, the softness was largely concentrated in Kaʻū, where sales fell 62% YoY, while other core districts remained comparatively stable, underscoring the regional nature of the slowdown rather than a broad demand shift. Despite lower volume, pricing trends remained measured, suggesting sellers are holding firm. In contrast, the condo market showed strengthening demand, with median days on market dropping sharply to 13 days (-32% YoY) and moderate sales activity signaling efficient absorption, particularly in lifestyle-oriented areas. Overall, February reflects a market defined more by geographic nuance than island-wide contraction, with steady condo demand helping balance softer single-family turnover.

Brief Overview:
Island of Hawaii Unit Sales Stats for February 2026 VS. February 2025 

TOTAL SALES
Single Family Homes – Total sales of 125 single family homes marks a decrease of 12% in comparison to February 2025.
Condos – 37 total sold – down 20% from 2025 sales.
Land – 103 total sales of land offerings representing a decrease of 36% when compared against 2025 sales for February.

NEW LISTINGS
Single Family Homes – 173 new listings for February 2026. Down 34% from previous year.                                           Condominiums – 50 new condo listings for February 2025. Down 47% from February 2025.

Single Family Homes Specific Stats:
Median Sales Price:
$580,000 in February 2026. An increase of 3% over median prices from February 2025.
Days on Market:
53 days on market for February 2026 – an increase of 3% from February 2025.

Condominium Specific Stats:
Median Sales Price:
$735,000 in February 2025. Median prices down by 2% from February 2025.
Days on Market:
13 median days on market in February 2026.  A decrease of 32% compared to previous year.

Vacant Land Specific Stats:
Median Sales Price:
$69,000 representing a 62% increase in median price over February 2025.
Days on Market:
48 Days on Market for land sold in February 2026.  A decrease for days on market of 24%.