Weekly market intelligence from Jeb Fuller — Honolulu's only condo-exclusive broker who is also a Certified General Appraiser. Waikiki-specific data, investment analysis, and expert commentary updated every week.
Jeb Fuller publishes weekly Waikiki condo market updates. Bookmark this page and check back every week for the latest data, investment analysis, and actionable insights for Waikiki's 223 buildings.
Waikiki is one of the most dynamic condo markets in the entire United States — a neighborhood where tourism demand, investment activity, and primary residential buyers all compete for the same inventory. As the primary hub for Hawaii's tourism economy and a highly sought-after destination for mainland and international investors, Waikiki's condo market often operates independently of broader Oahu real estate trends. With over 25 years of specialized experience as a condo broker and appraiser, I continuously track the unique dynamics of Waikiki's 223 condo buildings to provide clients with precise, actionable data.
Recent data for March 2026 from the Honolulu Board of Realtors highlights the distinctive nature of the condo market compared to single-family homes. While single-family home sales across Oahu surged 26.2% year-over-year, the condo market — including Waikiki — experienced a slight cooling in volume but a resilient pricing structure that signals continued underlying demand.
Waikiki's market is characterized by its high concentration of condominiums, ranging from entry-level studios to luxury penthouses and condotels. The neighborhood's proximity to the beach, world-class dining, and entertainment creates a pricing floor that insulates it from the volatility seen in less desirable locations.
| Metric | March 2026 | March 2025 | Change (YoY) |
|---|---|---|---|
| Oahu Condo Closed Sales | 351 | 369 | ▼ 4.9% |
| Oahu Median Condo Price | $510,000 | $500,000 | ▲ 2.0% |
| Waikiki Active Listings | 464 | — | — |
| Waikiki Median List Price | $585,000 | — | — |
| Avg. Days on Market (Oahu Condos) | 117 days | — | — |
| Month-over-Month Sales (Oahu) | +20.6% | — | ▲ Strong Spring Pickup |
The current environment is highly advantageous for buyers in Waikiki. The slight increase in days on market year-over-year provides a crucial window for due diligence. When purchasing a Waikiki condo, evaluating the building's financial health, maintenance fees, and specific zoning regulations — especially concerning short-term rentals — is paramount.
Not all Waikiki buildings are created equal. Some buildings carry legal short-term rental (STR) status, which dramatically affects both their value and their income potential. Others are strictly residential. As a Certified Condominium Specialist (CCS®), I know the STR status of every building in Waikiki and can guide you toward the right investment based on your specific goals.
The entry-level segment ($400,000 to $700,000) remains competitive, but the stabilization of inventory means buyers have more options to consider without the pressure of immediate bidding wars.
"Waikiki is the only place in America where you can buy a condo, rent it out to tourists, and have it pay for itself while you enjoy the best beach in the Pacific. But you have to know which buildings allow it. That is the difference between a great investment and an expensive mistake." — Jeb Fuller, Honolulu Condo Company
Despite slightly softer sales volume year-over-year, the consistent increase in median price demonstrates that demand for Waikiki real estate remains strong. The key to a successful sale is precise pricing and highlighting the unique attributes of your unit — whether it is an ocean view, recent renovations, or legal vacation rental status.
As a Certified General Appraiser, I ensure your property is priced accurately based on the most recent comparable sales within your specific building and immediate vicinity. A proper appraisal-based pricing strategy consistently outperforms generic market estimates.
One of the most frequently asked questions I receive from mainland and international buyers is about Waikiki's condotel market. Buildings like the Ilikai, Waikiki Banyan, and Aloha Surf Hotel operate under hotel management programs that allow owners to place their units in a rental pool, generating income when the unit is not in personal use.
With Hawaii tourism continuing to recover and grow in 2026, these condotel investments are attracting renewed interest from investors who want a Hawaii foothold with income potential. If you are considering a condotel purchase, the due diligence process is significantly more complex than a standard condo transaction — and having a specialist is not optional, it is essential.
Honolulu Condo Company maintains individual profile pages for all 223 condo buildings in Waikiki. Click any building for the full profile, unit count, HOA details, and current listings.
Browse a selection of notable Waikiki buildings below, or visit the full Condo Directory to search all 3,489+ buildings on Oahu.
Jeb Fuller is the only broker in Hawaii who is both a Certified General Appraiser and a Certified Condominium Specialist® — with a profile page for every building in Waikiki and 25+ years of Honolulu market expertise.