Honolulu, HI Real Estate News

By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Downtown and Nu'uanu Honolulu, August 2023   Single Family Homes August Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 7 / 3  133% 32 / 59  -46% Median Sales Price $1.370M / $1.295M  6%  $1.123M / $1.325M  -15%  Percent of Original List Price Received 94.3% / 100.0%  -6%  94.8% / 100.0%  -5%  Median Days on Market Until Sale 89 / 10  790% 17 / 9  89% New Listings 5 / 9  -44% 53 / 66  -20%  Pending Sales 5 / 3  67% 41 / 51 -20% Active Inventory 17 / 18  -6% ---    Condos August Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 22 / 33  -33% 220 / 369  -40% Median Sales Price $569,500 / $525,000  8%   $565,000 / $564,750  0% Percent of Original List Price Received 100.0% / 98.6%  -1% 98.0% / 100.0%  -2% Median Days on Market Until ...
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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 verifyWednesday, September 27, 2023  Lender Term/Type Interest Rate % Points % *APR Aloha Pacific Federal Credit Union808-531-3711NMLS#377314 15-YR Fixed 5.875 3.125 6.560 30-YR Fixed 6.875 1.875 7.183 5-YR ARM 5.875 0.875 6.065 American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 6.500 1.875 6.946 30-YR Fixed 7.125 1.750 7.398 5-YR ARM 6.875 2.000 7.871 Bank of Hawaii877-616-2636 15-YR Fixed 6.750 1.500 6.992 30-YR Fixed 7.375 0.875 7.464 5-YR ARM 6.625 1.875 7.662 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 6.500 2.250 7.017 30-YR Fixed 7.000 2.000 7.302 5-YR ARM 7.625 0.000 8.108 Fi...
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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, January 2022   Single Family Homes January Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 7 / 11  -36% 7 / 11  -36% Median Sales Price $1.650M / $1.19M  39%   $1.650M / $1.19M  39%   Percent of Original List Price Received 98.4% / 100.0%  -2% 98.4% / 100.0%  -2% Median Days on Market Until Sale 22 / 11  100% 22 / 11  100% New Listings 6 / 11  -45% 6 / 11  -45% Pending Sales 5 / 10  -50% 5 / 10  -50% Active Inventory 20 / 36  -44% ---    Condos January Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 54 / 32  69%  54 / 32  69%  Median Sales Price $396,250 / $390,000  2%   $396,250 / $390,000  2% Percent of Original List Price Received 98.6% / 96.3%  2% 98.6% / 96.3%  2% Median Days on Market Until Sal...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Kokua Waikīkī Aquarium as we clean up our coastlines! February 25, 2022 11AM - 3PM Waikīkī Aquarium 2777 Kalakaua Avenue Honolulu, HI 96815 Sign up to volunteer at our next beach cleanup  here https://forms.gle/qM2jKQVnBFwq9dK16 Check in any time between 11 AM - 2:30 PM at the front of the Aquarium to pick up a bucket and tools for cleaning up the surrounding parks and beaches. All supplies and collected rubbish must be returned to the Aquarium by 3PM. Groups of up to 15 people can register together. All participants must wear a mask, practice social distancing, and follow COVID-19 restrictions and guidelines. Participants must be fully vaccinated against COVID-19 and provide proof of vaccination with matching identification upon check-in. Supplies such as buckets/bags and tongs will be...
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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, January 2022   Single Family Homes January Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 1 / 0   0%  1 / 0   0% Median Sales Price $1.205M / 0.0  0%   $1.205M / 0.0  0% Percent of Original List Price Received 96.5% / 0%  0% 96.5% / 0%  0% Median Days on Market Until Sale 36 / 0   0% 36 / 0   0% New Listings 1 / 7  -86% 1 / 7  -86% Pending Sales 1 / 1  0% 1 / 1  0% Active Inventory 1 / 2  -50% ---    Condos January Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 65 / 28  132%  65 / 28  132% Median Sales Price $790,000 / $677,500  17%   $790,000 / $677,500  17% Percent of Original List Price Received 97.5% / 95.4%  2% 97.5% / 95.4%  2% Median Days on Market Until Sale 29 / 107  -73% 29 / 107  -73% ...
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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, January 2022   Single Family Homes January Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 0 / 0  0%  0 / 0. 0%   Median Sales Price $0.0 / $0.00  0%   $0.0 / $0.00  0% Percent of Original List Price Received 0.0% / 0.0%  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 / 1  -100% ---    Condos January Year to Date 2022 / 2021cChange% 2022 / 2021 Change% Closed Sales 101 / 60  68%  101 / 60  68% Median Sales Price $424,000 / $367,750  15%   $424,00 / $367,750 15% Percent of Original List Price Received 97.4% / 95.4%  2% 97.4% / 95.4%  2% Median Days on Market Until Sale 35 / 54  -35% 35 / 54  -35% New Listings 171 / 152  ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Island Crafters Market International Marketplace 2330 Kalakaua Avenue in Waikiki Feb 5th - 6th 2022 - 11AM - 5PM Holo holo International Marketplace and shop the local kine! Check out the locally made product including apparel, candles, laser etched home goods, papale, hand sewn totes, baby items and Hawaii's favorite local snacks too! Located on the second level of the International market place, near Mitsuwa's Marketplace, you'll find 2 storefronts and the common areas filled with Hawaii's favorites! Just look for the balloon arches!  Visit all three areas, get your event passport stamped and enter to win prizes! CONTACT INFO:  808-689-9091info@islandcraftfairs.org WEBSITE:http://www.islandcraftfairs.org LOCATION: International Market Place is Pet FriendlyFor Pet Friendly Property Man...
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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 verify Wednesday, February 2, 2022 Lender Term/Type Interest Rate % Points % *APR Acclaim Capital Mortgage383-5931NMLS#304090 15-YR Fixed 2.665 0.000 2.743 30-YR Fixed 3.500 0.000 3.543 5-YR ARM       Aloha Pacific Federal Credit Union531-3711NMLS#377314 15-YR Fixed 2.625 2.000 3.062 30-YR Fixed 3.250 1.875 3.486 5-YR ARM 2.500 0.500 3.028 American Savings Bank, F.S.B593-1226NMLS#423168 15-YR Fixed 2.250 1.750 2.585 30-YR Fixed 3.125 2.125 3.348 5-YR ARM       Bank of Hawaii877-616-2636NMLS# 15-YR Fixed 2.125 2.250 2.445 30-YR Fixed 3.000 2.250 3.179 5-YR ARM 2.000 1.625 2.621 Central Pacific Bank544-...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Punahou Carnival Online Art Gallery and Silent AuctionMonday, January 31, through Friday, February 04 20226:00 pm - 9:00 pmVirtual Event URL: http://www.punahoucarnival.com Even though Punahou Carnival will not be held in person or on campus again this year, the Class of 2023 still hopes to raise the necessary financial aid funds to support the students of Punahou.This year’s Punahou Carnival Art Gallery – Hawai‘i’s largest art show – and the Punahou Carnival Silent Auction will be presented virtually. Art buyers and auction bidders will be able to arrange for drive-through, contactless pickup at the Punahou campus for their items. The online art gallery will open Monday, Jan. 31 at 6 p.m., and run through Saturday, Feb. 5 at 9 p.m. at punahoucarnival.com.The gallery features more than ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Downtown and Nu'uanu Honolulu, December 2021   Single Family Homes December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 14 / 7  100%  135 / 80  69% Median Sales Price $1.262M / $1.225M  3%   $1.1515M / $905,000 27% Percent of Original List Price Received 100.0% / 100.0%  0% 100.0% / 96.3%  4% Median Days on Market Until Sale 13 / 14  -7% 16 / 25  -36% New Listings 3 / 7  -57% 132 / 117  13% Pending Sales 3 / 15  -80% 128 / 96  33% Active Inventory 13 / 16  -19% ---    Condos December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 55 / 44  25% 610 / 380  61% Median Sales Price $510,500 / $561,500  -9%   $590,000 / $560,000 5% Percent of Original List Price Received 100.0% / 97.8%  2% 98.9% / 97.3%  2% Median Days on Market U...
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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, December 2021   Single Family Homes December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 31 / 28  11% 290 / 204  42% Median Sales Price $1.218M / $1.2125M  0%    $1.2M / $995,000 21% Percent of Original List Price Received 103.4% / 98.7%  5% 100.0% / 97.9%  2% Median Days on Market Until Sale 11 / 21  -48% 12 / 21  -43% New Listings 16 / 18  -11% 306 / 309  -1% Pending Sales 18 / 22  -18% 295 / 255  16% Active Inventory 28 / 64  -56% ---    Condos December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 9 / 9  0%  130 / 75  73% Median Sales Price $553,000 / $505,000  10%   $587,750 / $527,000  11% Percent of Original List Price Received 96.5% / 96.5%  0%  98.9% / 98.0%  1% Median Days on Mar...
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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, December 2021   Single Family Homes December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 15 / 12  25% 180 / 107  68% Median Sales Price $1.398M / $1.1775M  19%   $1.4155M / $1.2M 18% Percent of Original List Price Received 96.9% / 98.0%  -1% 100.0% / 97.7%  2% Median Days on Market Until Sale 18 / 18  0%  14 / 22  -36% New Listings 7 / 11  -36% 206 / 167  23% Pending Sales 10 / 14  -29% 188 / 128  47% Active Inventory 21 / 40  -48% ---    Condos December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 75 / 38  97%  751 / 488  54% Median Sales Price $405,000 / $377,000  7%   $398,000 / $375,000  6% Percent of Original List Price Received 99.2% / 96.7%  3% 98.7% / 96.8%  2% Median Days on Market Un...
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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, December 2021   Single Family Homes December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 2 / 0   0%  11 / 7  57% Median Sales Price $1.065M / 0.0  0%   $1.015M / $880,000 15% Percent of Original List Price Received 110.9% / 0%  0% 100.9% / 95.2%  6% Median Days on Market Until Sale 11 / 0   0% 12 / 6  100% New Listings 0 / 2  -100% 22 / 17  29% Pending Sales 0 / 0  0% 15 / 6  150% Active Inventory 2 / 5  -60% ---    Condos December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 72 / 39  85%  747 / 361 107% Median Sales Price $637,500 / $730,000  15%   $662,500 / $670,000  -1% Percent of Original List Price Received 98.4% / 95.4%  3% 97.7% / 95.7%  2% Median Days on Market Until Sale 27 / 65  -...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Eddie Wen’ Go: The Story of the Upside-Down CanoeJanuary 28, 29 and February 4 - 6, 2022FRI 7:30PM, SAT/SUN 2:00PMAnticipated limited live audience performances but will switch to streaming if public health concerns arise.A Theatre for Young Audiences (TYA) tribute to Eddie Aikau.Adapted from the book Eddie Wen’ Go: The Story of the Upside-Down Canoe written by Marion Lyman-Mersereau and directed by Mark BrannerThis Theatre for Young Audiences production incorporates giant puppetry, dance, ‘ōlelo Hawai’i, pidgin, and hula to tell the story of Eddie Aikau’s act of courage through the eyes of sea creatures who watched from underneath the upside-down canoe. Celebrating the story of legendary local hero, Eddie Aikau who dared to dream big and who put the lives of others before his own, this...
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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, December 2021   Single Family Homes December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 0 / 0  0%  3 / 1  200% Median Sales Price $0.0 / $0.00  0%   $1.1M / $1.29M -15% Percent of Original List Price Received 0.0% / 0.0%  0% 100.0% / 95.6%  5% Median Days on Market Until Sale 0 / 0  0% 13 / 8  63% New Listings 0 / 0  0% 4 / 3  33% Pending Sales 0 / 0  0% 6 / 1  500% Active Inventory 0 / 1  -100% ---    Condos December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 114 / 86  33%  1,374 / 678  103% Median Sales Price $446,500 / $387,000  15%   $405,00 / $390,000 4% Percent of Original List Price Received 98.6% / 96.7%  2% 97.8% / 95.2%  3% Median Days on Market Until Sale 28 / 48 -42% 26 / 47 -45% New Listi...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Holo holo Our Kaka‘ako’s Bark in the Park at Kaloko‘eli Courtyard in Keawe Retail at 444 Keawe St. for a tail wagging day of fun in the sun! The event is free to the public and will feature pet-focused wellness classes, pop-up retail vendors, and a photo op wall on Saturday, January 22, from 2:00 p.m. to 6:00 p.m.  On the lawn, Orangetheory Fitness Kaka‘ako will lead special pet workout classes for you to work up a sweat with your dog. Be sure to reserve your spot ahead of time since participants are limited to 20 per class! Additionally, the Community Kōkua Foundation For Fire Safety And Recovery will host talk story sessions and have a booth to promote pet fire safety through the Eddy Project. To round off the event, various Our Kaka‘ako restaurants and bars will have Yappy Hour spec...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Oʻahu’s Housing Market Marks Positive 2021 for Sellers Properties continued to sell at record speed and over the asking price amid persistent low inventory levels HONOLULU – According to resales figures released this week by the Honolulu Board of REALTORS®, the O‘ahu housing market ended 2021 with a slight decline of 10.0% in single- family home sales and a healthy 15.4% increase in condo sales year-over-year. The median sales price for single-family homes tied the previously set record in August 2021 at $1,050,000, while condos saw a median sales price of $485,000, slightly up from December 2020. 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 P...
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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 verifyWednesday, January 5, 2022  Lender Term/Type Interest Rate % Points % *APR Acclaim Capital Mortgage383-5931NMLS#304090 15-YR Fixed 2.328 0.000 2.406 30-YR Fixed 3.234 0.000 3.278 5-YR ARM       Aloha Pacific Federal Credit Union531-3711NMLS#377314 15-YR Fixed 2.250 2.000 2.680 30-YR Fixed 3.000 1.875 3.231 5-YR ARM 2.500 0.500 2.864 American Savings Bank, F.S.B593-1226NMLS#423168 15-YR Fixed 2.000 2.000 2.366 30-YR Fixed 2.875 2.000 3.083 5-YR ARM       Bank of Hawaii877-616-2636NMLS# 15-YR Fixed 2.000 1.625 2.230 30-YR Fixed 2.750 2.250 2.926 5-YR ARM 2.000 2.000 2.650 Finance Factors, Ltd.548-...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Hau'oli Makahiki Hou!Happy New Year 2022  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 Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Downtown and Nu'uanu Honolulu, November 2021   Single Family Homes November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 9 / 8  13%  121 / 73  66% Median Sales Price $996,000 / $1.269M  -22%   $1.1425M / $880,000 30% Percent of Original List Price Received 92.2% / 95.7%  -4% 100.0% / 96.0%  4% Median Days on Market Until Sale 27 / 43  -37% 17 / 27  -37% New Listings 12 / 10  20% 129 / 110  17% Pending Sales 17 / 11  55% 125 / 81  54% Active Inventory 12 / 24  -50% ---    Condos November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 43 / 38  13% 555 / 336  65% Median Sales Price $605,000 / $594,500  2%   $597,000 / $558,500 7% Percent of Original List Price Received 98.3% / 97.1%  1% 98.9% / 97.0%  2% Median Days on Market U...
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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, November 2021   Single Family Homes November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 22 / 17  29% 259 / 176  47% Median Sales Price $1.225M / $950,000  29%   $1.2M / $965,000 24% Percent of Original List Price Received 105.6% / 100.0%  6% 100.0% / 97.7%  2% Median Days on Market Until Sale 12 / 10  20% 12 / 21  -43% New Listings 18 / 29  -38% 290 / 291  0% Pending Sales 27 / 30  -10% 277 / 233  19% Active Inventory 34 / 75  -55% ---    Condos November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 5 / 9  -44%  121 / 66  83% Median Sales Price $550,000 / $542,000  1%   $587,750 / $538,500  9% Percent of Original List Price Received 100.0% / 98.9%  1% 99.9% / 98.1%  1% Median Days on Mark...
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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, November 2021   Single Family Homes November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 22 / 10  120% 165 / 95  74% Median Sales Price $1.6425M / $1.2075M  36%   $1.43M / $1.2M 19% Percent of Original List Price Received 100.0% / 100.5%  0% 100.0% / 97.7%  2% Median Days on Market Until Sale 18 / 15  20% 13 / 22  -41% New Listings 14 / 15  -7% 199 / 156  28% Pending Sales 15 / 12  25% 178 / 114  56% Active Inventory 23 / 45  -49% ---    Condos November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 64 / 43  49%  676 / 450  50% Median Sales Price $342,500 / $365,000  -6%   $395,000 / $375,000  5% Percent of Original List Price Received 100.0% / 98.3%  2% 98.6% / 96.8%  2% Median Days on Market U...
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