ʻAhakea update — September 29, 2026: Detached GenHomes are the first phase; the second phase adds townhomes and attached FLEX homes. Older detached prices below are historical, not current offers. Confirm pricing and availability by home type. Compare the two phases.
Our reports track sales velocity, price changes, new neighborhood releases, and upcoming lottery dates across every major Oahu new construction development — including Hoʻopili, Koa Ridge, Ward Village, and Kaʻulu. The latest edition is the March 2026 report.
Latest Oahu New Homes Monthly Report
Our most recent report is the March 2026 edition, an archived snapshot of the market in late February 2026. For current prices and status, see each development page.
- March 2026: ʻAhakea’s January launch at Hoʻopili, Mahana amendment hearings at Ward Village, and mortgage rates of 6.5%–7.25% in late February. Read the latest report →
What the Oahu New Homes Monthly Report Covers
Each monthly report provides a comprehensive snapshot of Oahu’s new construction market. We focus exclusively on new homes — not resale listings — because new construction buyers need different data than the typical market reports published by brokerages.
Here’s what you’ll find in every issue:
Sales Velocity by Development
We track how many units sold at each major development month over month. This tells you which communities are moving fast (translation: limited inventory, act now) and which have softening demand (translation: potential negotiating room). Developments we track include:
- Hoʻopili — Oahu’s largest active development with 11,750 planned homes across ʻEwa Beach and East Kapolei
- Koa Ridge — Central Oahu’s master-planned community in Waipiʻo with about 3,500 planned homes
- Ward Village — Kakaʻako’s luxury condo pipeline with 14 planned towers
- Kaʻulu by Gentry — 390 planned homes in Kalaeloa, still selling in numbered releases
Price Changes
New construction prices on Oahu shift more often than most buyers realize. Builders adjust base prices, modify incentive programs, and change upgrade packages. We document every change with specific dollar amounts and percentages so you can track trends over time.
For example, Hoʻopili condos at Kāpili (Pōhaku Estates) started at $622,000+ in early 2026 and $654,945+ by July 2026. For current single-family pricing, see Nanahea. These numbers shift — and our monthly reports capture exactly when and by how much.
New Releases and Announcements
When a developer opens a new neighborhood, releases additional lots, or announces a new phase, we cover it. This matters because early buyers in a new release often get the best pricing and lot selection. Missing a release by even a week can mean losing your preferred floor plan.
Upcoming Lottery Dates
Several Oahu developments use lottery systems for affordable and reserved housing units. Our monthly report aggregates all known lottery dates for the next 30–60 days in one place. For a complete calendar, see our lottery calendar.
Market Analysis
Beyond raw data, each report includes analysis: what’s driving demand, how mortgage rates are affecting buyer behavior, which buyer segments (first-time, military, investor) are most active, and what we expect in the coming month. We compare Oahu’s new construction market to the broader resale market to give you context on relative value.
Oahu New Homes Monthly Report Archive
Every past report remains available so you can track trends over time. Month-over-month comparisons reveal pricing trajectories, seasonal patterns, and shifting demand across developments.
| Month | Key Highlights | Link |
|---|---|---|
| March 2026 | ʻAhakea launch, Mahana amendment hearings, 6.5%–7.25% mortgage rates (late February) | Read report |
| February 2026 | $1,126,000 median SF price (flat YoY), Koa Ridge Keʻolu affordable condos released, Kalae tower on track | Read report |
Who This Oahu New Homes Monthly Report Serves
We write these reports for four specific audiences:
Lottery participants: If you’re waiting for an affordable housing release at Koa Ridge or other affordable programs, our reports track exactly which lotteries are coming and what income limits apply. Timing matters — some lotteries require registration weeks in advance.
Comparison shoppers: Choosing between Hoʻopili and Koa Ridge? Or weighing Ward Village against Koa Ridge? Each report shows pricing and availability as of its date; for current figures, use each development page.
Investors and market watchers: Sales velocity tells you where demand is concentrated. Price changes reveal builder confidence. Together, this data helps you identify value opportunities before they’re obvious to casual buyers.
Military and relocating buyers: If you’re PCSing to Oahu and can’t visit model homes monthly, our reports give you a market pulse from the mainland. You’ll know which developments have inventory, current pricing, and whether to prioritize ʻEwa Beach or Central Oahu when you arrive.
How We Gather Oahu New Homes Monthly Report Data
Our data comes from multiple sources to ensure accuracy:
- MLS data: Closed sales, pending transactions, and days on market for new construction listings
- Developer websites and sales offices: Official pricing, floor plan availability, and release schedules
- Honolulu Board of Realtors: Broader market statistics for context (median prices, sales volume, inventory)
- County building permits: Early signals on upcoming projects and phase expansions
- On-the-ground visits: We visit model homes, attend open houses, and talk to sales representatives across Oahu
Each report covers the previous month’s activity. The March 2026 edition is the latest. When data is preliminary or estimated, we note it clearly.
Subscribe to the Oahu New Homes Monthly Report
Bookmark this page. New editions are added to the archive table above when they publish. You can also check current Hoʻopili pricing between reports for the most up-to-date development-specific data.
Frequently Asked Questions
When is the Oahu new homes monthly report published?
Each edition covers the previous month’s sales activity, price changes, and market developments. The latest edition is the March 2026 report, and new editions are added to the archive on this page. Data sources include MLS records, developer websites, and Honolulu Board of Realtors statistics.
What developments does the monthly report cover?
The report tracks all major Oahu new construction developments including Hoʻopili (ʻEwa Beach), Koa Ridge (Waipiʻo), Ward Village (Kakaʻako), Kaʻulu by Gentry (Kalaeloa), Kuilei Place (Moʻiliʻili), and smaller projects like Aria Lane, NorthPark, and Kekainani at Hoakalei. We cover both market-rate and affordable housing developments.
How is this different from other Oahu real estate market reports?
Most Oahu market reports from brokerages and listing sites mix resale and new construction data together. Our monthly report focuses exclusively on new construction — tracking development-by-development sales velocity, builder pricing changes, new neighborhood releases, and lottery dates. No other publication provides this level of new construction-specific tracking for Oahu.
Does the report include affordable housing updates?
Yes. Each monthly report includes updates on affordable housing developments (like Koa Ridge’s Keʻolu condos and Kuilei Place), upcoming lottery dates, income qualification changes, and reserved housing availability. We also link to our dedicated affordable housing resources including income limits and the lottery calendar.
Where does the sales velocity data come from?
Sales velocity data comes from MLS closed transactions, developer sales office reports, and county recording data. We track units sold per month by development and compare month-over-month to identify trends. Some data is preliminary at publication and may be updated as final numbers are confirmed.
How much do new construction homes cost on Oahu in 2026?
Prices change with every release, so we keep current figures on each development page rather than here. Broadly, Oahu new construction runs from condo townhomes under $500,000 at Koa Ridge and Hoʻopili to luxury Ward Village condos priced in the millions. Detached homes cost more than condos and townhomes in the same community. Affordable housing units require income qualification.
Can I access past monthly reports?
Yes. All past monthly reports are archived on this page with links to each edition. Reviewing multiple months lets you track pricing trajectories, seasonal demand patterns, and development progress over time. The archive table above links to every published report.
Should I wait to buy new construction on Oahu or buy now?
Timing depends on your target development and budget. New construction prices on Oahu have generally trended upward, but builders do cut prices on specific homes and add incentives (like closing cost credits) when inventory sits longer. Our monthly reports track these trends so you can make data-driven timing decisions rather than guessing. Key factors to watch: mortgage rates, sales velocity, and builder incentive programs.
Your next step
Want the next release first?
Team Wong watches every Oʻahu sales office and can tell you what is opening next and what fits your budget.
Ask Team Wong