Special offer

Honolulu, HI Real Estate News

By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Makiki & Moili'ili Honolulu, March 2024   Single Family Homes March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 9 / 14  -36%   20 / 23  -13%    Median Sales Price $1.35M / $1.5M  -10% $1.5444M / $1.5M  3% Percent of Original List Price Received 93.5% / 98.0%  -5% 97.2% / 95.7%  2% Median Days on Market Until Sale 43 / 14   207% 23 / 15   53% New Listings 19 / 11  73% 38 / 36  6% Pending Sales 7 / 10  -30% 24 / 31  -23% Active Inventory 43 / 24  79% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 36 / 41  95% 102 / 86  19%  Median Sales Price $385,000 / $430,000  -10%   $405,000 / $404,500  0%  Percent of Original List Price Received 98.1% / 97.9%  0% 97.4% / 97.8%  0% Median Days on Market Until Sale 26 /...
Comments 1
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Ala Moana & Kaka'ako Honolulu, March 2024   Single Family Homes March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 1 / 0  0%  2 / 0  0%  Median Sales Price $1.1M/ $0   0%  $1M / $0   0% Percent of Original List Price Received 96.5% / 0.0%  0% 94.7% / 0.0%  0% Median Days on Market Until Sale 38 / 0  0% 38 / 0  0% New Listings 1 / 0  0% 2 / 1  100% Pending Sales 0 / 1  -100% 2 / 1  100% Active Inventory 4 / 0   0% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 38 / 55  -31%  96 / 124  -23%  Median Sales Price $747,000 / $830,000  -10% $624,250 / $645,000  -3% Percent of Original List Price Received 95.5% / 95.9%  0% 96.2% / 96.6%  0%    Median Days on Market Until Sale 92 / 39  136% 45 / 41  10% New Listin...
Comments 0
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Waikiki Honolulu, March 2024   Single Family Homes March 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% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 82 / 97  -15% 237 / 251   -6% Median Sales Price $440,000 / $470,000  -6% $435,000 / $403,750  0% Percent of Original List Price Received 97.9% / 97.3%  1%  97.0% / 97.0%  0% Median Days on Market Until Sale 33 / 31  6% 36 / 27  33% New Listings 170  / 150  13% 446  / 379  18% ...
Comments 0
By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha! This is David Buck with Harcourts Island Real Estate. Today is another Wednesday and we're going to cover another episode of We Need Inventory. The neighborhood of discussion today is Waialae Golf Course neighborhood. Every year I do a blog on the Sony Open and the homes along the golf course. Traditionally, every year there's several for sale... Read More
Comments 0
By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
With the recent completion of the Sony Open Honolulu was featured as the backdrop on national television this past week.  As there were record breaking lows on the mainland, we've enjoyed beautiful sunny weather.  In case you were wondering what a home on Waialae Golf Course goes for, here's what's currently on the market:   Single Family   ML#: 2816190 stat Active     Lst: $2,495,000* FS - Fee Simple 1-3-5-043-021-0000 BR: 4 Baths: 3 / 0 959 Waiholo St   Liv: 3,162 Lanai: 805 Other: 1,265 WAIALAE G/C  Stories: One Land: 16,250 YrBt: 1959 Views: Golf Course Pool: In Ground Assd Imprv: $388,200 Prop Cond: Average Assd Land: $1,673,400 Frnt: Golf Course Assd Total: $2,061,600 2008 Prk: 3Car+ , Driveway , Garage Zoning: 03 - R10 - Residential District Tax: $565 Topo: Level Flood: AE Tot Mo...
Comments 0
January 20th, 2009 categories: Rants & Riffs An article in today’s Honolulu Advertiser hints that Honolulu real estate property taxes could be on the rise.  HNA points to many issues, but among the major potential causes is a drop in assessed property values. CLICK HERE TO READ THE ENTIRE POST.
Comments 0
By Richard Dolbeare, Living the Hawaii Lifestyle
(Inactive)
Wow, Gloria Estefan was in Hawaii and performed in Honolulu at the Blaisdell Arena Saturday evening!  There are few opportunities for shows and concerts in Hawaii which only added to the excitement of this event!  I was fortunate to get 2 tickets in front of the stage just 9 rows back and I enjoyed it immensely.  Gloria & The Miami Sound Machine performed for about 2 hours with no break then returned for a double-encore at the "demand" of the thrilled audience.  Overall, it lasted over 2 1/2 hours.  Gloria's teenage daughter was introduced and she proceeded to play some hair-straightening acid rock on the electric guitar and after that, went to town on the drums.  She is VERY talented for such a youngster and it's only my gray hair that caused me to cringe a little at the sounds coming ...
Comments 2
January 19th, 2009 categories: Honolulu Real Estate 101 We learned everything we need to know about the direction of Honolulu real estate values in Economics 101.  It’s all supply and demand!  Too little supply and values rise.  Too much supply and they go down.  Too much demand and prices go up.  Too little demand and prices decline.  A recent Honolulu Advertiser article regarding the stationing of the new Virginia class submarines at Pearl Harbor means higher demand is coming. CLICK HERE TO READ THE ENTIRE POST.
Comments 0
By Keahi Pelayo
(KU Realty)
January 16th, 2009 categories: Honolulu Vintage Homes Here is another home that is very near the University of Hawaii President’s home in Manoa. CLICK HERE TO READ THE ENTIRE POST.
Comments 0
By Keahi Pelayo
(KU Realty)
January 15th, 2009 categories: Honolulu Vintage Homes Manoa is the hide out for many of Honolulu’s most interesting vintage homes. CLICK HERE TO READ THE ENTIRE POST.
Comments 0
January 13th, 2009 categories: Honolulu Condominiums, Honolulu Real Estate 101 Here is a BIG thank you to Tim O’Leary, of Bank of Hawaii, for directing me to Hicondos.com.  In yesterday’s blog post, I informed you that lenders are now requiring a owner occupancy of 70% or more, if a buyer is using a down payment in a purchase of less that 20% of the price.  As I feared, there are not many Honolulu condos that can meet this level of occupancy. Below are 10 that do meet the guideline. CLICK HERE TO READ THE ENTIRE POST.
Comments 0
January 12th, 2009 categories: Honolulu Condominiums In the good old days of the fast and easy availability of financing, a lender would make a loan on a condominium with an owner occupancy percentage above 50%.  Some lenders had a stricter guideline of 55%.  With all of the shifts in financing over the last half year, in cases where buyers are using a down payment of less than 20%, lenders are now requiring an owner occupancy percentage of 70%!  To find a Honolulu condo with this high of an owner occupancy level is very rare. CLICK HERE TO READ THE ENTIRE POST.
Comments 0
January 8th, 2009 categories: Honolulu Real Estate 101, Rants & Riffs A Wall Street Journal article about Chicago condominium sales translates beautifully to the Honolulu real estate market. “However, I quickly discovered that a 10% drop in Chicago didn’t necessarily translate into a similar decline in the neighborhoods where we wanted to live, where prices have held relatively steady. CLICK HERE TO READ THE ENTIRE POST.
Comments 0
By Barbara Abe
(East Oahu Realty)
For 2008, real estate sales in Hawaii Kai showed mixed results.  161 homes sold in the community in 2008, compared to 229 in 2007, a decrease of 29.7%.  Median sales price, however, decreased only 2.9%, to $850,000 from $875,000. Here's the most expensive home sold in 2008:  a gorgeous remodeled oceanfront home on 0.67 acres, with 6 bedrooms/4.5 baths, 5869 sq ft interior, sales price $6,400,000, in the Hawaii Kai neighborhood of Koko Kai.  The lowest sale was in Kalama Valley, a neighborhood "over the hill" from the main part of Hawaii Kai, generally without views, close to Sandy Beach and the Hawaii Kai Golf Course.  This home was a "fixer" of 3 bedrooms/2.5 baths, 2008 sq ft on a 6,465 sq ft lot, sales price $512,000. Visit the Neighborhood page on my web site and request a full repo...
Comments 0
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Questions for Kimo: Our family is re-locating to Hawaii and we are wondering where's the best place to learn about Hawaiian culture? In my opinion the best and most family orientated place to learn about Hawaiian culture is the Bishop Museum, located at 1525 Bernice Street, Honolulu, Hawai'i 96817  Phone: 808.847.3511. The Museum is located in Palama just off the Like Like and H1 Highways. It's a little bit out of the way for tourists and new comers but it's well worth the trip for visitors and locals alike.    "The Bishop Museum is the largest museum in the state and the premier natural and cultural history institution in the Pacific, recognized throughout the world for its cultural collections, research projects, consulting services and public educational programs. It also has one of ...
Comments 6
By sean Remos, Financial Wellness for You!
(USF Mortgage Services)
man! Someone stole my website! I had to get anothe one!  Sucks!  But I just updated my loan officers and info on my new website.  I was actually a victim of website theft. Someone logged on my account and changed the owner so I could not access my own website. They then waited until it expired and bought it.  Hoping I would go to my website and buy it back from them for thousands of dollars! Messed up! Anyway. So I found out the hard way that you should have the business account setting that perserves your anonymity and allows for better privacy so no one steals you I have a new site now just changed the .com to .info .  Just thought you might want to check it out. Aloha sean remos 808-282-4666 loandocter@yahoo.com
Comments 2
By Robin McCann
(Robin McCann Realty)
If you enjoy anything "under the sea" or have ever wanted to be a marine biologist, then this is the perfect opportunity for you. The Waikiki Aquarium invites you to its free hands-on training sessions January 13th - 29th. Training sessions will be held on Tuesdays, Thursdays, and Saturdays. Saturday sessions will be held at 9 a.m. until noon. Tuesday and Thursday session will be held from 6:30 p.m. - 9:00 p.m. Those attending the training will learn about the various species and their habitats which are on exhibit at the Aquarium. In addition, they will learn about Hawaii 's ocean ecosystem, rare species and how to help protect marine life for generations to come. Volunteers to the Waikiki Aquarium not only receive a fine education about Hawaii's ocean ecosystem, they also receive othe...
Comments 0
By Keahi Pelayo
(KU Realty)
January 7th, 2009 categories: Rants & Riffs Pacific Business News reports that the bright spot in Hawaii tourism is time shares. “Amid all the gloom evident in Hawaii’s tourism industry, one business is still growing: time shares. CLICK HERE TO READ THE ENTIRE POST.
Comments 0
January 6th, 2009 categories: Rants & Riffs Since Waikiki is one of the main engines that powers Honolulu’s economy and real estate market.  It is great to hear from Pacific Business News that the owners of the Waikiki Shopping Plaza are planning redevelopment. CLICK HERE TO READ THE ENTIRE POST.
Comments 1
By Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
(Liberty Homes)
MILILANI MAUKA TOWNHOUSE FOR SALE!  Mililani Mauka Townhouse for Sale! 95-1163 Makaikai Street., #183, Mililani, HI 96789 View Map Entering the Hilldale Townhome complex through 30 foot high palms bordering each side of the entrance. No doubt you will feel like you're in paradise! With well maintained lush landscaped grounds it becomes more appealing. You then enter Unit #183 and you are now ooo'ing and ahh'ing. A spacious ground floor level townhouse with an additional 150 sq/ft fenced in courtyard you are that much more delighted! The possibilities for the amateur gardener await... and this humble abode occupy your memory bank! The kitchen is open and airy with a window to peek out of while cooking or holding a conversation with loved ones in the living room. Loads of cabinet and coun...
Comments 13
January 5th, 2009 categories: Honolulu Real Estate 101, Rants & Riffs Today’s Wall Street Journal has an optimistic article written by Allan Murray.  In writing about the national economy, Mr. Murray touches on a few points that apply to Honolulu real estate. CLICK HERE TO READ THE ENTIRE POST.
Comments 0
By Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
(Liberty Homes)
The National Memorial Cemetary of the Pacific (Punchbowl Cemetary) was built in 1948 to honor the men and women with a memorial for the sacrifice they made in the US Armed Forces.   Pu'owaina Crater (Punchbowl) was formed some 75,000 to 100,000 years ago. Pu'owaina is defined as "The Hill of Sacrifice" and relates to the history of the crater when it was used as an altar for human sacrifice. Early in the 1880's the slopes of the crater were opened for settlement on "leasehold" land. This area is commonly known as Punchbowl and Makiki neighborhoods. Papakolea is on the northern side extending into the valley. In the 1890's they wanted to turn it into a cemetary for the growing population of Honolulu residents but it was rejected. Why? They didn't want a city of dead overlooking the city...
Comments 21
By Barbara Abe
(East Oahu Realty)
The 2008 12th Annual "Festival of Lights" Boat Parade, hosted by the Hawaii Kai Marina Community Association, was again a huge success. People from all parts the island, including tourists, gathered to the three major Hawaii Kai shopping centers to watch 33 decorated boats troll around the marina waterways. Winner of the "Best Overall Boat" went to Tom Hintnaus and his crew. Tom transformed his 24' outboard to a winning "Mark Twain" theme. His creative abilities have won him several grand prizes in past boat parades. Other winners included Bob Raben for "Best Electric Boat," John Gravener for "Peanuts Charlie Brown," Eddie Fraser for "Santa," and Bob Hampton for "Mommy Kissing Santa Claus." There were also winners for second and third place in several boat categories The parade was held...
Comments 0
We've all made our New Year's Resolution List and it's history by now.  But when I read an article by a realtor in another state, I thought how resolutions for your community are especially important now, as we all work together to strengthen the economy and move toward a greener future.  Hawaii Kai is a beautiful home, and we can keep it that way by making a commitment to care about the community. Here are his resolutions: 1.  Love your neighbor as yourself2.  Respect the rights of others3.  Try to understand the spirit of the law4.  Obey the letter of the law5.  Drive within the speed limit6.  Attend and participate in public hearings and community boards7.  Volunteer for a community project8.  Promote worthwhile service and charitable organizations9.  Go Green and try to implement en...
Comments 0
Explore Honolulu, HI
Honolulu, HI Real Estate Professionals