In August, both single-family home and condo sales hit their highest point in more than 10 years on Oahu. Additionally, the Oahu median home price hit $786,000 in August, the second-highest median price on record.

Locations – Hawaii’s leading real estate firm – published its Oahu Residential Real Estate Report for August 2017. The report, which analyzes sales activity for more than 350 Oahu neighborhoods, concludes that the Oahu real estate market is continuing to show strong and steady growth, with increasing sales figures, rising prices and a competitive buyer’s market in August with Days on Market remaining at near-record lows.

If you're looking to buy in a neighborhood with low turnover, be prepared to be patient and, possibly, to pay a premium. On the other hand, if you're looking to buy and aren't tied to a particular area, you may want to focus your search on high turnover neighborhoods, where you may be able to score a better deal

Oahu boasts some of the world's finest homes--and some of the world's heftiest homes prices. We've rounded up the top 10 most expensive homes currently for sale in Honolulu so you can see how the ultra-rich and famous live. Hey, it doesn't hurt to dream, right?