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Hawaii real estate is expensive. Oahu’s luxury homes are selling like hotcakes This 5-bedroom, 4-bath home along Black Point Road has 3,990 square feet of space, and is currently listed at $3.5 million. (Source: Coldwell Banker Realty) By HNN Staff | April 20, 2021 at 6:52 PM HST - Updated April 20 at 7:01 PM HONOLULU, Hawaii (HawaiiNewsNow) - Over the last year, the pandemic has driven up prices of real estate on Oahu to levels never before seen. Also seeing an astounding boom are sales of luxury homes, valued at $2 million or more. According to data released by Coldwell Banker Realty, the first quarter of 2021 saw a 106% increase in sales compared to the same time in 2020.

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