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Honolulu, HI Real Estate News

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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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Downtown and Nu'uanu Honolulu, October 2024   Single Family Homes October Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 9 / 8  13% 60 / 46  30% Median Sales Price $1.3M / $1.15M  13% $1.2M / $1.1235M  7% Percent of Original List Price Received 99.3% / 95.6%  4% 98.8% / 95.6%  3% Median Days on Market Until Sale 26 / 44  -41% 16 / 27  -41% New Listings 10 / 10  0% 89 / 75  19% Pending Sales 7 / 5  40% 71 / 55  29% Active Inventory 22 / 21  5% ---    Condos October Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 27 / 24  13% 259 / 274  -5% Median Sales Price $465,000 / $572,500  -19% $550,000 / $560,000  -2% Percent of Original List Price Received 97.6% / 99.0%  -1% 98.1% / 98.1%  0% Median Days on Market Until Sale 42 / 12  250...
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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, October 2024   Single Family Homes October Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 11 / 17  -35% 124 / 117  6% Median Sales Price $1.5M / $1.11M  35%    $1.4M / $1.305M  7% Percent of Original List Price Received 100.0% / 102.2%  -2% 97.2% / 97.5% 0% Median Days on Market Until Sale 15 / 10  50% 16 / 19  -16% New Listings 20 / 23  -13% 189 / 168  13% Pending Sales 12/ 15  -20% 140 / 143   -2% Active Inventory 54 / 43  26% ---    Condos October Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 8 / 6  33% 66 / 54  22%  Median Sales Price $1.6325M / $1.115M  46%  $711,000/ $1.015M  -30% Percent of Original List Price Received 100.0% / 97.0%  3% 98.4% / 98.9%  -1% Median Days on Market Until S...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Can you believe that home sales in Waialae - Kahala were up 200% last month? This is David Buck with Harcourts Island Real Estate and today we're going to talk about the local market update for Oahu in October of 2024...Read More
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Diamond Head Theatre presents White Christmas Wed, Nov 27, 2024 , 7:30pm - Now through Dec. 15th   It's time to wax nostalgia with Christmas cheer... Diamond Head Theatre presents the heartwarming holiday classic White Christmas from November 22 through December 15 with possibility of extension. Join us at Diamond Head Theatre in Honolulu as we celebrate the season with this beloved musical. Veterans Bob Wallace and Phil Davis have a successful song-and-dance act after World War II. With romance in mind, they follow a duo of singing sisters en route to their Christmas show in a Vermont lodge. With a dazzling score featuring well-known standards including "Blue Skies", "I Love A Piano", "How Deep Is the Ocean" and the perennial title song, White Christmas is an uplifting, wholesome mu...
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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, October 2024   Single Family Homes October Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 10 / 8  25%  89 / 77  16%    Median Sales Price $1.6325M / $1.3125M  24%  $1.628M / $1.5M  9% Percent of Original List Price Received 95.2% / 90.2%  6% 96.6% / 96.3%  0% Median Days on Market Until Sale 27 / 68  -60% 19 / 18   6% New Listings 15 / 9  67% 142 / 125  14% Pending Sales 9 / 6  50% 93 / 91  2% Active Inventory 39 / 33  18% ---    Condos October Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 50 / 42  19% 407 / 420  -3% Median Sales Price $411,500 / $402,000  2%   $400,000 / $408,000  -2%  Percent of Original List Price Received 97.9% / 99.1%  -1% 97.5% / 98.8%  -1% Median Days on Market Until Sale 1...
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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, October 2024   Single Family Homes October Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 0 / 1  -100% 5 / 7  -29% Median Sales Price - / $1.040M  -5% $1.1M / $1.24375M   -11% Percent of Original List Price Received - / 100.0%  -8% 93.0% / 95.9%  -3% Median Days on Market Until Sale - / 1   37 / 10  270% New Listings 1 / 4  -75% 37 / 10  9% Pending Sales 0 / 1  -100% 6 / 5  20% Active Inventory 9 / 4   125% ---    Condos October Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 42 / 59  -29%  414 / 471  -12%  Median Sales Price $825,000 / $685,000  20% $750,000 / $690,000  9% Percent of Original List Price Received 94.8% / 97.6%  -3% 96.1% / 97.0%  -1%    Median Days on Market Until Sale 63 / 27  13...
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Waikiki Honolulu, October 2024   Single Family Homes October 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 October Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 77 / 110  -30% 852 / 928  -8% Median Sales Price $500,000 / $457,500  9%  $440,000 / $421,400  4% Percent of Original List Price Received 95.7% / 96.7%  -1% 96.5% / 97.2%  -1% Median Days on ...
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Science and Stories seminar series Mon, Nov 18, 2024 , 5:30pm-7:00pm   Every Monday in November at The ARTS at Marks Garage the public will have the opportunity to learn from early career scientists and local artists as they share their unique perspectives on scientific research, art, and understanding. Doors open at 5:30 p.m., presentations from 6:00 to 7:00p.m. OR you can register to join us over Zoom for each event.   Albert Yee: "The Cost of Beach Erosion through Nonmarket Evaluation" Nakoa Goo: "Ecological & Cultural Value of Hawai'i Forage Fishes" Tehina Kahikina: "Ka hala o Weke: Threats to Hala Forest in Hana, Maui Go to HawaiiSeaGrant.org and click on All Events to register for the Zoom link.   Price: Free   Location: The ARTS at Marks Garage 1159 Nuuanu Avenue Honolulu, HI (8...
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Vanishing Voices: Saving Our Hawaiian Forest Birds  Doris Duke Theatre - At the HoMa - Honolulu Museum of Art Friday, November 22 · 6:30pm Director: Todd J. RobertsonNative Hawaiian Forest Birds face imminent extinction from non-native mosquitoes spreading deadly avian diseases. This film explores the urgent mission to control mosquitoes, crucial to preserving these iconic species. (29 min)The Sustainability Film Series is designed to explore contemporary issues at the intersection of human and natural environments. The series combines films and panel discussions aimed at linking film themes to Hawai‘i and the region. Panelists with differing expertise, including scientists, policy-makers, nonprofit experts, and artists, will discuss the many dimensions of existing efforts and sustainab...
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