April 2023 Oahu Real Estate Market Update: Much of the same has been happening in the Oahu real estate market. Single family homes are down slightly and condominiums are up. This is possibly due to the fact that some buyers are paying for condominiums in cash but single family homes are still out of reach for cash buyers and thus more affected by the higher interest rates. Closed sales are down and days on market are up across the board showing not as much buyer activity when compared to last year. Interest rates are hovering at about 6.5% when it was half that amount a year ago. Every neighborhood and condominium on Oahu is different so if you have any particular questions or want to talk real estate more specific to you, just reach out to me and I'd be happy to offer my guidance.