July - 2025 Market Data
July 2025’s multifamily sales activity was slim, reflecting just 2 properties (5+ units) trading. A total volume of $5.4M. The median price per unit of these deals was $256K and the median cap rate was 3.70%. From January through July there were 30 properties that traded for a sales volume totaling $93.1M or 82.1% of 2024’s total volume.
Download Sales Comps Below
Inventory Snapshot
Inventory is healthy with 68 active properties (5+ units) listed on the market, representing a total consideration of $280M in opportunities. The average DOM now stands at 192 days, just over 6 months. The median price per unit of the properties being marketed is $282K and the median cap rate is 4.31%. There are 10 deals pending or under contract totaling $31.8M in volume. We’re on pace to eclipse $130M in sales volume in 2025 with the 4th quarter still to unfold.
If you'd like to receive our Hawaii Multifamily Inventory Sheet, which includes both active listings and select off-market opportunities, contact us directly to be added to our distribution list.
Owner’s Corner – Fed’s Rate Cut – What it Means for Multifamily Owners
This past week the Federal Reserve announced a rate cut of 0.25% to the Fed Funds Rate. The impact to multifamily owners is highlighted below.
Lower Borrowing Costs
Floating rate loans may see immediate payment relief. Future refinances and acquisitions could also benefit from cheaper financing.
Property Values
Lower rates often support stronger valuations, since buyers can underwrite higher prices with reduced debt service.
Increased Buyer Demand
Investors who were on the sidelines may re-enter, creating more competition in the marketplace.
Cash Flow & Stability
Reduced debt service improves returns, and if the economy strengthens, it supports rental demand and occupancy.
Even a modest cut can create opportunities for owners and investors to reposition, refinance, or sell.
We help multifamily owners navigate shifts the recent rate move and make informed decisions about their portfolios.
Reach out if you’d like a complimentary valuation or to discuss how this new rate environment could impact your investment strategy.
Visit our Blog for More Tips & Best Practices
Multifamily in the News
From Apartments to Active Streets
Green’s Affordable Housing Proclamations Invalid
Hawaii Ranks Worst in Affordable Housing Study
Affordable Rental Apartments Rising on City Land in Ewa Beach
View Our Active Listings
1125 Hassinger Street
1223 Wilder Avenue
We truly value your referrals. If you know someone that is considering buying or selling a multifamily property, please connect us, we’d be honored to help.
Networking Events
Lili’uokalani Center Tour
CCIM September 30th Lunch & Learn – Advanced 1031 Exchanges
CCIM Golf Tournament
CCIM – General Membership Meeting – Permits to Progress
Hawaii Multifamily Investors Network – Facebook Group
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