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Honolulu, HI Real Estate News

By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Curious what homes are for sale on Waialae Golf Course this year? Read More
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Dog and Cat Adoption Event at Petco BeretaniaSaturday, January 18, 2025Petco Beretania11:00 am - 2:00 pm The Hawaiian Humane Society has teamed up with Petco Beretania to help dogs and cats find loving homes! Stop by to meet our adoptions team and some of the wonderful pets looking for love on:Saturday, January 18, 202511:00 am to 2:00 pmPetco Beretania1121 S Beretania St.,Honolulu, HI 96814Check out all available adoptees here. If you’ve been considering pet adoption, don’t miss this opportunity! Hawaiian Humane has an unprecedented number of adoptable pets, including puppies, kittens, adult dogs and cats, and more. Find your new best friend today! Did you know?The average cost to provide the level of care and services that we offer each adoptable animal in our care is approximately $5...
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
O‘ahu Housing Market Closes 2024 with Positive Momentum Report summarizes 2024 and December 2024 residential real estate activity HONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®, December closed out the year with a jump in sales for both single-family homes and condos. Single-family home sales totaled 228, a 25.3% increase from the previous year, while condo sales rose 18.8% to 323 compared to last December. Year-over-year, the median days on market for single-family homes shifted slightly from 18 to 20 days, while the condo median days on market rose from 26 to 36 days. Both markets recorded a modest year-over-year uptick in median sales prices, with single-family homes increasing 5.8% to $1,054,500 and condos growing 5.9% to $540,000, sett...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha! Today, we're here in Waikiki and we're going to talk about the differences between Waipuna on Ena Road and The Wailana on Ala Moana Blvd. These are two significant landmark properties that have been in Waikiki since the late 1960's to early 1970's. I'm going to break down the difference between the two and why these could be good condo options here in Waikiki... Read More
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By Kimo Stowell, REALTOR® 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 verify Wednesday, January 1, 2025  Lender Term/Type Interest Rate % Points % *APR American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.750 1.750 6.158 30-YR Fixed 6.625 1.750 6.886 5-YR ARM 6.000 1.875 7.013 Bank of Hawaii877-616-2636 15-YR Fixed 6.250 0.875 6.389 30-YR Fixed 6.500 2.000 6.695 5-YR ARM 5.500 2.000 6.698 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.625 2.125 6.099 30-YR Fixed 6.375 2.125 6.674 5-YR ARM 6.750 0.000 7.242 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 5.625 1.875 6.149 30-YR Fixed 6.500 1.875 6.833 5-YR ARM 5.875 1.500 7.012 First Hawaiian Bank808-...
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Hau'oli Makahiki Hou!Happy New Year 2025  Make HI Pro Realty your Property Manager in Honolulu Why choose HI Pro Realty as your property manager? No-hassle managementElectronic owner statements that can be accessed at any time in your personal Owner PortalEmergency maintenance servicesPeriodic property evaluation and planningMarket your properties to various websites and listing services in a uniquely tailored rental listing formatThorough background checks of all prospective tenantsProvide professional lease agreements and execute leasesPerform move-in and move-out inspectionsCollect deposits, rent and late feesArrange and manage maintenance, repairs and projectsHandle evictions and take legal action, if necessaryWe specialize in PET FREINDLY management services with a Pet Rental Adde...
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Downtown and Nu'uanu Honolulu, November 2024   Single Family Homes November Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 7 / 9  -22% 67 / 55  22% Median Sales Price $1.53M / $1.336M  13% $1.23487M / $1.148M  8% Percent of Original List Price Received 100.0% / 97.6%  2% 99.1% / 96.1%  3% Median Days on Market Until Sale 19 / 21 -10% 16 / 24  -33% New Listings 6 / 10  -40% 95 / 85  12% Pending Sales 6 / 8  40% 77 / 63  22% Active Inventory 22 / 20  10% ---    Condos November Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 25 / 17  47% 284 / 291  -2% Median Sales Price $495,000 / $455,000  9% $545,000 / $557,50  -2% Percent of Original List Price Received 97.7% / 98.2%  -1% 98.1% / 98.1%  0% Median Days on Market Until Sale 63 /...
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Diamond Head & Kapahulu Honolulu, November 2024   Single Family Homes November Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 15 / 12  25% 139 / 129  8% Median Sales Price $1.4M / $1.2M  17%    $1.4M / $1.3M  8% Percent of Original List Price Received 100.0% / 99.6%  0% 97.6% / 98.4%  -1% Median Days on Market Until Sale 13 / 13  0% 16 / 18  -11% New Listings 20 / 18  11% 209 / 186  12% Pending Sales 15 / 10  50% 155 / 153   1% Active Inventory 55 / 49  12% ---    Condos November Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 7 / 3  133% 73 / 57  28%  Median Sales Price $699,000 / $615,000  14%  $700,000/ $945,000  -26% Percent of Original List Price Received 100.0% / 97.6%  2% 98.5% / 98.9%  0% Median Days on Market Until Sal...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha, this is David Buck and today we’re going to do a tour of all of the condo along the Ala Wai Canal, which front Ala Wai Blvd. For those of you that don’t know, Ala Wai Blvd is a one way street here in Waikiki on the mauka side of Waikiki. It’s literally on the mountain or Mauka border of Waikiki.,, Read More
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Makiki & Moili'ili Honolulu, November 2024   Single Family Homes November Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 5 / 8  -38%  94 / 85  11%    Median Sales Price $1.75M / $1.78495M  -2%  $1.65M / $1.51M  9% Percent of Original List Price Received 100.0% / 92.6%  8% 97.0% / 95.7%  1% Median Days on Market Until Sale 17 / 38  -55% 19 / 21   -10% New Listings 9 / 12  -25% 151 / 137  10% Pending Sales 11 / 4  175% 104 / 95  9% Active Inventory 37 / 39  -5% ---    Condos November Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 45 / 37  22% 452 / 457  -1% Median Sales Price $420,000 / $398,000  6%   $405,000 / $405,000  0% Percent of Original List Price Received 98.0% / 96.2%  2% 97.5% / 98.7%  -1% Median Days on Market Until ...
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Ala Moana & Kaka'ako Honolulu, November 2024   Single Family Homes November Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 0 / 0  0% 5 / 7  -29% Median Sales Price - / - $1.1M / $1.24375M   -11% Percent of Original List Price Received - / - 93.0% / 95.9%  -3% Median Days on Market Until Sale - / -  37 / 10  270% New Listings 1 / 1  0% 13 / 12  8% Pending Sales 1 / 0   7 / 5  40% Active Inventory 9 / 5  80% ---    Condos November Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 42 / 45  -7%  456 / 516  -12%  Median Sales Price $892,500 / $873,000  2% $770,000 / $710,000  8% Percent of Original List Price Received 96.0% / 95.5%  1% 96.1% / 96.8%  -1%    Median Days on Market Until Sale 59 / 42  40% 55 / 35  57% New Listings 123 / ...
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Waikiki Honolulu, November 2024   Single Family Homes November 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 1 / 0  0% 1 / 0  0% Pending Sales 0 / 0  0% 0 / 0  0% Active Inventory 1 / 0  0% --- * Waikiki has very few single family residences and are rarely offered for sale.  Condos November Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 74 / 77  -4% 926 / 1005  -8% Median Sales Price $462,500 / $507,000  -9% $442,500 / $425,000  4% Percent of Original List Price Received 96.0% / 95.7%  0% 96.4% / 97.1%  -1% Median Days on...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
So often when we're selling real estate here in Diamond Head, people ask me "I'd like to buy something short term and legally vacation rental". Here we are at the Diamond Head Beach Hotel and this is literally going to be the only condominium here on the Gold Coast that you can actually do a legal vacation rental... Read More
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
What is 'Auana about? OUTRIGGER Waikīkī Beachcomber Hotel and Cirque du Soleil Entertainment Group have teamed up to bring kama'aina and visitors a bespoke new show, exclusive to Hawai‘i, Cirque du Soleil ‘Auana – a Hawai‘i-inspired production featuring a cast of powerful acrobats, hilarious comedians, talented musicians and singers, and profound hula dancers. The unparalleled ensemble brings together international and local talents to shine a fresh light on the spirit of Hawai‘i. .  TICKETS:  click here  LOCATION:OUTRIGGER Waikiki Beachcomber Hotel, Honolulu    For expert Real Estate Sales and Pet Friendly Property ManagementIn Honolulu, HawaiiCONTACT HI Pro Realty TODAY!
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha! Today we’re going to talk about the difference between fee simple and leasehold ownership in Hawaii... Read More
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
November Single-Family Home and Condo Sales Up Year-Over-Year Single-family homes and condos report double-digit increases, median prices remain stable HONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®, single-family home sales rose 12.8% with 203 closings and condo sales jumped 10% to 341 closings, compared to November 2023. Both markets experienced nominal changes in median sales prices. The single-family home median sales price for November was $1,115,000, up 1.4% from a year ago, while the condo median sales price was $530,000, a year-over-year increase of 2.7%.   Using data collected from its computerized Multiple Listing Service (MLS) system, the Board reported the following statistics:   Single-Family Home Resales   Number of Sales Medi...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha, this is David Buck and we’re down at the Gold Coast at Diamond Head and we’re going to talk about the difference between condo and co-op ownership in Hawaii. What most people don’t know is this is the highest concentration and the reason we’re filming down here is this is the highest concentration of co-ops on Oahu. We do have some condos as well...Read More
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
KŪKOLU Holiday MarketDecember 13, 12:00 pm - 8:00 pmTHE BARN AT SALT AT OUR KAKA'AKOThe holidays are here, and it’s time to shop local and celebrate Native Hawaiian and Indigenous makers! Join us for the KŪKOLU Holiday Market in The Barn, featuring talented artisans from the IWI cohort program and a curated selection of entrepreneurs.Shop unique, meaningful gifts and support local businesses this holiday season!  Don’t miss this special mākeke - mark your calendars today!https://saltatkakaako.com/event/kukolu-holiday-marketThe IWI program is a three-year business development program, businesses have the opportunity to evaluate their business model against current market opportunities. IWI provides entrepreneurs with the education, resources, and mentorship needed to build and promote gr...
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By Kimo Stowell, REALTOR® 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 verifyWednesday, December 4th  Lender Term/Type Interest Rate % Points % *APR American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.250 2.125 5.706 30-YR Fixed 6.125 1.875 6.387 5-YR ARM 5.375 2.125 6.832 Bank of Hawaii877-616-2636 15-YR Fixed 5.750 1.000 5.906 30-YR Fixed 6.250 1.625 6.406 5-YR ARM 5.250 1.625 6.550 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.375 2.125 5.843 30-YR Fixed 6.000 1.875 6.265 5-YR ARM 6.625 0.000 7.264 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 5.375 1.875 5.892 30-YR Fixed 6.000 2.250 6.356 5-YR ARM 5.875 1.500 7.086 First Hawaiian Bank808-643-...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha, this is David Buck with Harcourts Island Real Estate and today we're down at the Gold Coast at Diamond Head. What we're going to talk about today is how some of these buildings being on the oceanfront here at Diamond Head need a lot of TLC and maintenance. In particular, spalling and painting... Read More
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