Oahu real estate market favors buyers, but sales lower despite high inventory

Oahu real estate market favors buyers, but sales lower despite high inventory

Amid a growing inventory of single-family homes and condominiums on Oahu, year-to-date sales volumes in both markets remained depressed in April from the same period in 2024 but rose slightly from March’s numbers, according to a monthly report released Tuesday by the Honolulu Board of Realtors. April’s numbers signal that while the market is favoring homebuyers and granting them more negotiating power, fewer people are buying homes in a depleted…