O'ahu Luxury Market Report

YTD Through Q1 2026 Condominium / Townhomes > $ 1 . 5M

AVG PRICE/SQFT DAYS TO SELL 203 $1,862 MEDIAN PRICE $1,815,000

LISTINGS 13

WAIKIKI

SALES

2

Waikiki is home to a diverse range of condominiums, including luxury residences such as the Watermark, Ka Lai (formerly Trump International Hotel & Tower), and The Ritz-Carlton Residences. These iconic towers make up the luxury market in Waikiki, offering modern sophistication and resort-style amenities, providing residents with panoramic ocean and city views and access to world-class shopping, dining, and entertainment in the heart of Waikiki. With meticulously designed interiors, lavish spa facilities, and unparalleled service, Luxury Waikiki condominiums represent an exclusive and upscale oasis in the vibrant energy of Waikiki. During the first quarter of 2026, the Waikiki luxury condo market remained active but more selective, with buyers showing greater resistance to aggressive pricing. High-end properties at Ka Lai Waikiki Beach, Ritz-Carlton Residences, and Waikiki Shore continued to attract attention, though many listings faced longer market times and increased competition. Closed sales averaged about 95% of list price, reflecting stronger negotiation activity and a shift toward a more balanced luxury market.

Notable Sale: Ritz Carlton #3405 sold for $3,100,000

14

Hawai ʻ i Modern Realty

Q1 2026 O’ahu Luxury Real Estate Market Report