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All About Hawaii Real Estate

By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Downtown and Nu'uanu Honolulu, July 2024   Single Family Homes July Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 9 / 4  125% 40 / 25  60% Median Sales Price $1.525M / $1.0825M  41% $1.22987M / $1.1M  12% Percent of Original List Price Received 100.8% / 100.8%  0% 98.7% / 94.8%  4% Median Days on Market Until Sale 10 / 60  -83% 15 / 17  -12% New Listings 11 / 9  22% 58 / 48  21% Pending Sales 6 / 11  -45% 46 / 36  28% Active Inventory 19 / 22   29% ---    Condos July Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 26 / 32  -19% 185 / 198  -7% Median Sales Price $471,750 / $608,500  -22% $574,000 / $565,000  2% Percent of Original List Price Received 97.7% / 98.6%  -1% 98.4% / 97.5%  0% Median Days on Market Until Sale 31 / 17 ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Diamond Head & Kapahulu Honolulu, July 2024   Single Family Homes July Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 12 / 11  9%  79 / 72  10% Median Sales Price $1.53M / $1.45M  6%    $1.415M / $1.364M  4% Percent of Original List Price Received 96.4% / 102.7%  -6% 97.2% / 94.9%  2% Median Days on Market Until Sale 16 / 13  23% 16 / 25  -36% New Listings 22 / 19  16% 124 / 106  17% Pending Sales 15 / 16  -6% 94 / 97  -3% Active Inventory 51 / 36  42% ---    Condos July Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 4 / 9   -56% 42 / 38  11%  Median Sales Price $990,000 / $2.3M  -57% $644.5M / $1.08  -40% Percent of Original List Price Received 98.0% / 100.0%  -2% 98.4% / 99.5%  -1% Median Days on Market Until Sale 19 / 13  4...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
I did an article 5 years ago on the 50th Anniversary of Hawaii being a state. However, now that we're in the year 2024 celebrating 65 years, let's talk about 13 listings that are here on Oahu that are available (there are several more that are under contract)... Read More
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Makiki & Moili'ili Honolulu, July 2024   Single Family Homes July Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 7 / 8  -13%   56 / 56  0%    Median Sales Price $1.73M / $1.656605M  4% $1.6M / $1.4975M  7% Percent of Original List Price Received 92.5% / 100.3%  -8% 97.4% / 96.8%  1% Median Days on Market Until Sale 22 / 15  47% 14 / 15   -7% New Listings 13 / 11 18% 99 / 86  15% Pending Sales 12 / 4  200% 64 / 59  8% Active Inventory 41 / 35 17% ---    Condos July Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 45 / 54  -17% 275 / 279  -1% Median Sales Price $370,000 / $395,500  -6%   $400,000 / $410,000  -2%  Percent of Original List Price Received 97.0% / 98.6%  -2% 97.2% / 98.7%  -2% Median Days on Market Until Sale 23 / 14 ...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Home sales in Downtown-Nuuanu were up 125%, going from 4 sales in July, 2023 to 9 this past month. Downtown - Nuuanu also saw the largest increase in median sales price, which was up 41%. Last year, the median price was $1,082,500 and this past month it was $1,525,000... Read More
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
For those of you that aren't as familiar with Anchorage, it's on the very back of Hawaii Kai Drive on Makaa Street. It runs primarily along the marina. It's a great neighborhood and a quiet street. You have homes both on the marina and off the marina. As of today, in MLS, there's not one home for sale in Anchorage... Read More
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Ala Moana & Kaka'ako Honolulu, July 2024   Single Family Homes July Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 0 / 2  -100% 2 / 4  -50% Median Sales Price $0 / $1.43125M   0%  $1M / $1.24375M   -20% Percent of Original List Price Received 0.0% / 92.1%  0% 94.7% / 92.1%  3% Median Days on Market Until Sale 0 / 26  0% 38 / 15 153% New Listings 1 / 0  0% 5 / 6  -17% Pending Sales 3 / 0  0%   6 / 3  100% Active Inventory 4 / 3   33% ---    Condos July Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 47 / 41  15%  296 / 319  -7%  Median Sales Price $715,000 / $732,000  -2% $724,250 / $680,000  7% Percent of Original List Price Received 96.1% / 96.4%  0% 96.1% / 96.8%  -1%    Median Days on Market Until Sale 46 / 53  -13% 53 / 40 ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Waikiki Honolulu, July 2024   Single Family Homes July Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales No Recorded Sales* No Recorded Sales* Median Sales Price $0 / $0  0% $0 / $0  0% Percent of Original List Price Received 0 / 0%  0% 0 / 0  0% Median Days on Market Until Sale 0 / 0  0% 0 / 0  0% New Listings 0 / 0  0% 0 / 0  0% Pending Sales 0 / 0  0% 0 / 0  0% Active Inventory 0 / 0  0% --- * Waikiki has very few single family residences and are rarely offered for sale.  Condos July Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 87 / 78  12% 625 / 657  -5% Median Sales Price $480,000 / $389,775  23%  $435,000 / $412,000  6% Percent of Original List Price Received 95.5% / 96.9%  -1% 96.7% / 97.2%  -1% Median Days on Market Unt...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
2024 Pokémon World Championships!Fri and Sat Aug 16 and 17, 2024 , 9:00AM - 8:00PMSun, Aug 18, 2024, 9:00AM - 5:00PMThe Pokémon World Championships is the pinnacle of competitive Pokémon – featuring the best Pokémon players from around the globe, the official Play!Pokémon family-friendly event features competitive play from Pokémon Trading Card Game (TCG), Pokémon video game, and Pokémon GO. Players will compete in the three-day event for a prize pool of over 2 million dollars, the title of Pokémon World Champion, and return invitations for the following year’s Worlds!But the fun doesn’t stop there… attendees will also have access to exclusive merchandise at the Pokémon Center pop-up shop, the Pokémon Village, photo opps with Pikachu and friends, and so much more! TICKETS:https://worlds...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Clear the Shelters Adoption EventSaturday, August 10, 2024 - Tuesday, September 10, 2024With shelter capacity critically high, the Hawaiian Humane Society has teamed up with NBC Universal, Hill’s Pet Nutrition and Greater Good Charities to help our shelter pets find loving homes – and YOU can make a lifesaving difference! Now through September 10, 2024, we’re offering 100% waived fees for all animals 7 months and older. Plus, because kittens do better in pairs, when you adopt two kittens, the second adoption fee is completely waived. Find your purr-fect pair today! Offered at our Mōʻiliʻili Campus, Kosasa Family Campus at Hoʻopili, and our off-site adoption partners, Pounce Hawaiʻi and select PETCOs islandwide. Can’t adopt? You can still make a life-changing difference by fostering thro...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Can you believe that active inventory for condos on Oahu is up 61.8% from a year ago? This is David Buck with Harcourts Island Real Estate. Today, we're going to talk about the housing stats for July of 2024. First off, we're going to start off with some optimistic news on the single family home front... Read More
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Peter Pan: A Flight to NeverlandHawai'i Symphony OrchestraFriday, August 16, 20249:30 AM 10:30 AMWaikiki Shell(map) Free Admission!!! - say no more!“All children grow up, except one.”Take flight to a Neverland of magic and pirates with the music of John Williams, Hans Zimmer and James Newton Howard’s sweeping score to the timeless tale of believing and growing up, Peter Pan! Performances are under 45 minutes, perfect for keiki, family, and fans of movie soundtracks! Note: This concert will be music only, not accompanied by a film screen. Sarah Hicks, Conductor Michael-Thomas Foumai, narrator Program:Williams, John - Flight to Neverland from Hook            Howard, James Newton - Peter Pan, Suite for Orchestra    Zimmer, Hans - Pirates of the Caribbean: Dead Man’s Chest     Tickets: Ple...
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By Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info
(Hawai'i Life Real Estate Brokers)
August 2024 update from Maui - 1 year after the firesI thought it would be timely to do an update on the situation on Maui.  I'll send you to my other blog so I don't have to repeat myself.  A lot has changed but a lot still needs to be done, and it's way more that I can say here quickly.Our tourist industry really took a hit over the past year, with visitor numbers down about 27% they say.  Thankfully those visitors are spending heavily and that helps... thank you!There's a lot of drama about what's happening and what's not happening, as you can imagine.  People are being housed and things are progressing, but it's a tough situation to just move on from.  I am blessed to live far from all of it, but still feel the energy and also the fear, since parts of Maui continue to have wild fire...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
We've had a really busy summer with home sales and I'm just trying to play catch up now. Please take a look at the video above celebrating the 249th birthday of our nation. We're excited about 250 coming up next year! We're going to talk a little about 4th of July in Hawaii, what it means.Then, we're going to jump into VA home loans in Hawaii, history of VA loans, going back to COVID (you'll see some charts below) going back to 2020 and through today, 2nd quarter of 2024... Read More
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Well, I'm not sure if that $3 million price reduction got your attention? 3239 Noela Drive in Diamond Head just reduced by $3,000,000 earlier this month. This is the 2nd $3 million price reduction (the last of which took place in June) since it's been on the market... Read More
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
O‘ahu Single-Family Home Sales Heat Up in July Single-family home sales rose 20.1%, while condo sales declined 7.8% year-over-year   HONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®, July saw year-over-year single-family home sales jump by 20.1%, from 224 to 269, while condo sales declined 7.8%, with 389 sales compared to 422 in July 2023. Compared to one month ago, sales in both markets rose slightly, up 4.3% in the single-family home market and 9.6% in the condo market.Using data collected from its computerized Multiple Listing Service (MLS) system, the Board reported the following statistics: Single-Family Home Resales   Number of Sales Median Sales Price JULY 2024 269  20.1% $1,140,000  4.3% JULY 2023 224 $1,120,000  Condominium Resales   ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Hele Mai Waikīkī Aquariumʻs Trash Bash Coastal Cleanup! Malama the environment with a day of coastal care and along the way, enjoy refreshments, snacks, educational games, and giveaways!Youʻre invited to join our cleanup, connect with current Waikīkī Aquarium volunteers, and learn how to get involved while making a difference at this yearʻs Trash Bash! Event Time: Saturday, August 24th, 2024 10:00 AM – 1:00 PMMeeting Address: Waikīkī Aquarium 2777 Kalākaua Avenue Honolulu, HI 96815 Sign Up Here https://forms.gle/e8H9Ug4uMV5K3Ljs8 Check-in anytime between 10:00AM and 11:30AM at the gated lawn entrance of the Aquarium (to the left of the front entrance) to sign in and pick up a bucket/bag and tools for cleaning up the surrounding parks and beaches around the Aquarium. All supplies and col...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
               Latest rates, based on 20 percent down, $200,000 owner-occupant mortgages. The rates and terms may vary; check with lenders for details. Rates may have changed click here to verifyPosted July 31st  Lender Term/Type Interest Rate % Points % *APR American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.125 2.125 5.578 30-YR Fixed 6.000 1.875 6.260 5-YR ARM 5.500 1.875 6.931 Bank of Hawaii877-616-2636 15-YR Fixed 5.875 1.000 6.032 30-YR Fixed 6.250 1.750 6.418 5-YR ARM 5.875 0.875 7.087 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.375 1.875 5.803 30-YR Fixed 6.000 1.875 6.265 5-YR ARM 7.000 0.000 7.849 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 5.250 2.000 5.784 30-YR Fixed 6.000 2.250 6.356 5-YR ARM 6.375 1.500 7.583 First Hawaiian Bank808-643-4663 15...
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By Kona Home Team (LUVA LLC) Lance Owens (RB-24133), 2024 Real Estate Expert - Hawaii Island
(Kona Home Team (luva llc))
Maui is on the verge of significant changes with a proposal to phase out thousands of short-term vacation rentals in an effort to address the island’s housing crisis. This move aims to prioritize long-term housing for residents and alleviate the pressures on the local housing market. You can read the full article on these developments here.Secure Your Investment with ConfidenceIn light of these upcoming changes, the listing at 2481 Kaanapali Pkwy #964 stands out as a secure and versatile investment. This property is not included in the proposed regulations, ensuring your investment remains unaffected by the new short-term rental policies.Key Features: 2481 Kaanapali Pkwy Unit: 964 2481 Kaanapali Pkwy Unit: 964, Lahaina, HI 96761 Prime Location: Enjoy the vibrant surroundings of Kaanapal...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha! Here we are on the corner of Leahi Ave. and Pualei Circle and today we're going to do a walking tour of Pualei Circle. As we promised a few weeks back, we did a a tour of the Gold Coast, which is going to be across Kapiolani Park behind here. We're going to start at the very base here at Pualei Circle... Read More
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