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Honolulu, HI Real Estate News

By Kimo Stowell, REALTOR®, GREEN - 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, December 3, 2025  Lender Term/Type Interest Rate % Points % *APR American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 4.875 2.000 5.303 30-YR Fixed 5.625 2.125 5.900 5-YR ARM 4.875 2.125 6.264 Bank of Hawaii877-616-2636 15-YR Fixed 5.125 0.750 5.240 30-YR Fixed 5.500 1.875 5.672 5-YR ARM 4.750 1.875 6.085 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 4.875 2.125 5.331 30-YR Fixed 5.500 2.250 5.789 5-YR ARM 5.625 0.000 6.501 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 4.750 2.125 5.291 30-YR Fixed 5.500 2.375 5.854 5-YR ARM 5.375 1.500 6.439 First Hawaiian Bank808...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Ala Moana & Kaka'ako Honolulu, August 2025   Single Family Homes August Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 1 / 1  0% 7 / 3  133% Median Sales Price $1.05M / $2.2M $1.2M / $1.1M  9% Percent of Original List Price Received 80.8% / $100.0% 88.6% / 96.5%  -8%  Median Days on Market Until Sale 50 / 17  194% 46 / 37  24% New Listings 1 / 1  0% 10 / 6  67%  Pending Sales 0 / 0  - 8 / 6  33% Active Inventory 7 / 4  75% ---    Condos August Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 66 / 36  83%  389 / 332  17%  Median Sales Price $932,000 / $835,000  12% $749,000 / $724,250  4% Percent of Original List Price Received 95.3% / 97.1%  -2% 94.9% / 96.1%  -1%  Median Days on Market Until Sale 61 / 444  39% 65 / 52  25% New ...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Waikiki Honolulu, August 2025   Single Family Homes August Year to Date 2025 / 2024 Change% 2025 / 2024 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% 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 August Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 76 / 84  -10% 611 / 709  -14% Median Sales Price $380,000 / $400,000  -5% $430,000 / $430,000  0% Percent of Original List Price Received 93.1% / 95.0%  -2% 95.4% / 96.5%  -1% Median Days on Mar...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
PetWalk Pop-Up Registration Event at Rainbow Drive-InSunday, September 14, 2025Join us on Sunday, September 14 from 11 am - 2 pm at Rainbow Drive-In for a PetWalk 2025 pop-up registration event. Meet the team and be apart of Oʻahu's largest outdoor pet friendly event.Hawaiian Humane Society is thrilled to partner with Rainbow Drive-In, the iconic Kapahulu institution that’s been serving up aloha and hearty plate lunches since 1961.Join us at the original Rainbow Drive-In location where it all began – the same spot that’s been featured on Food Network’s Diners, Drive-Ins and Dives and countless other shows – for a special PetWalk 2025 registration pop-up event.Register for PetWalk 2025 (Oʻahu’s largest outdoor, pet-friendly event and our biggest community fundraiser) while you’re there, ...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
O'ahu Housing Market Remained Steady in August Single-family home and condo markets see moderate changes in median price, mixed sales, and shifting inventory levels HONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®, the O'ahu housing market saw modest shifts across both single-family home and condominium sectors in August. Single-family home sales increased slightly by 2.4%, while condo sales dipped 2.5%. Median prices showed stability overall, with single-family homes down 1.5% to $1,105,500 and condos up 3.0% to $515,000. 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 AUGUST 2025 259  2.4% $1,105,0...
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By Kimo Stowell, REALTOR®, GREEN - 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, September 3, 2025  Lender Term/Type Interest Rate % Points % *APR American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.125 1.625 5.499 30-YR Fixed 6.000 1.875 6.260 5-YR ARM 5.375 1.375 6.613 Bank of Hawaii877-616-2636 15-YR Fixed 5.125 1.000 5.278 30-YR Fixed 5.875 1.500 6.015 5-YR ARM 5.375 1.500 6.528 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.000 2.000 5.439 30-YR Fixed 5.875 2.000 6.149 5-YR ARM 6.000 0.000 6.869 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 4.875 2.000 5.399 30-YR Fixed 5.875 2.250 6.228 5-YR ARM 6.000 1.500 6.840 First Hawaiian Bank80...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Cove Waikiki marked its 10-year milestone, and the appreciation numbers reveal surprising winners. Here’s a full breakdown of how each unit type performed and what that means for buyers and investors... Read More
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Downtown and Nu'uanu Honolulu, July 2025   Single Family Homes July Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 1 / 9  -89% 32 / 40  -20% Median Sales Price $1.255M / $1.525M  -18% $1.3475M / $1.22987M  10% Percent of Original List Price Received 96.9% / 100.8%  -4% 96.9% / 98.7% -2% Median Days on Market Until Sale 56 / 10  460% 27 / 15  80% New Listings 10 / 11  -9% 62 / 58  7% Pending Sales 8 / 6  33% 38 / 46 -17% Active Inventory 30 / 22  36% ---    Condos July Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 18 / 26  -31% 155 / 185  -16% Median Sales Price $586,500 / $471,750  24% $525,000 / $574,000  -9% Percent of Original List Price Received 96.6% / 97.7%  -1% 96.1% / 98.2%  -2% Median Days on Market Until Sale 55 / 3...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
This is David Buck with Harcourts Island Real Estate and today we're going to talk about what it costs to get a parking stall if one isn't included with your (condo) unit. Now I get that question asked often when I'm working with buyers and sellers here in Honolulu because it's hard to factor that that in. Especially when you're looking at comps or comparable units.  Sometimes you can have a unit in the same building that comes with a parking stall and another one that does not or sometimes you could have one that includes two stalls and another might include one stall... Read More
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Diamond Head & Kapahulu Honolulu, July 2025   Single Family Homes July Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 18 / 12  50% 96 / 67  44% Median Sales Price $1.31M/ $1.53M  -14%    $1.3M/ $1.415M  -8% Percent of Original List Price Received 99.0% / 96.4%  3% 98.3% / 97.2%  1% Median Days on Market Until Sale 20 / 16  25% 19 / 16  19% New Listings 26 / 22  18% 163 / 124  31% Pending Sales 22 / 15  47% 130 / 94  38 Active Inventory 56 / 51 10% ---    Condos July Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 11 / 4  175% 52 / 42  24%  Median Sales Price $1.7M / $990,000  72%  $612,500 / $644,500  -5%   Percent of Original List Price Received 93.4% / 98.0%  -5% 95.0% / 98.4%  -3%  Median Days on Market Until Sale 100 / 19  ...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Makiki & Moili'ili Honolulu, July 2025   Single Family Homes July Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 9 / 7  29%  53 / 56  -5%    Median Sales Price $1.425M / $1.73M  -18%  $1.52M / $1.6M  -5% Percent of Original List Price Received 100.0% / 92.5%  8% 97.9% / 97.4% 1% Median Days on Market Until Sale 10 / 22  -55% 19 / 14  36% New Listings 17 / 13  31% 101 / 99  2% Pending Sales 10 / 12 -17% 69 / 64  8% Active Inventory 41 / 41  0% ---    Condos July Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 35 / 45  -22% 256 / 275  -7% Median Sales Price $375,000 / $370,000  1%  $375,000 / $400,000  -6% Percent of Original List Price Received 96.0% / 97.0%  -1% 95.7% / 97.2%  -2% Median Days on Market Until Sale 51 / 23  122% ...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Ala Moana & Kaka'ako Honolulu, July 2025   Single Family Homes July Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 1 / 0   - 6 / 2  200% Median Sales Price $1.63M / - $1.22M / $1M  22% Percent of Original List Price Received 88.2% / - 90.5% / 94.7%  -4%  Median Days on Market Until Sale 53 /  - 39 / 38  3% New Listings 1 / 1  0% 9 / 5  80%  Pending Sales 0 / 3  -100% 8 / 6  33% Active Inventory 7 / 4  75% ---    Condos July Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 40 / 47  -15%  323 / 296  9%  Median Sales Price $882,000 / $715,000  23% $749,000 / $724,250  3% Percent of Original List Price Received 94.6% / 96.1%  -2% 94.8% / 96.1%  -1%  Median Days on Market Until Sale 66 / 46  43% 66 / 53  25% New Listings 84 / 91  -8%...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Waikiki Honolulu, July 2025   Single Family Homes July Year to Date 2025 / 2024 Change% 2025 / 2024 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% 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 July Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 83 / 87  -5% 535 / 625  -14% Median Sales Price $410,000 / $480,000  -15% $444,650 / $435,000  2% Percent of Original List Price Received 95.4% / 95.5%  0% 95.6% / 96.7%  -1% Median Days on Market Unt...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Duke’s OceanFestFriday, Aug. 15, to Sunday, Aug. 24Holo holo Waikiki for this years annual festival honoring Duke Paoa Kahanamoku, the legendary Olympian, waterman and ambassador of aloha.Duke’s disciplines of Surfing, Swimming, Outrigger Canoeing, Paddle-boarding, Surfboard Water Polo, Beach Volleyball, along with evolutions of his influence that includes Foiling and Dog Surfing are shared throughout the weeklong festival by local, international, and mainland competitors and lifestyle enthusiasts.Duke Kahanamoku OceanFest is held each summer in Waikiki in honor of Hawaiian legend Duke Paoa Kahanamoku, who is fondly remembered as the greatest waterman who ever lived. Held at venue sites throughout Waikiki , Duke Kahanamoku OceanFest features a variety of ocean sports that were close to...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Will Waikiki Be Under Water in Our Lifetime?Is Waikiki going to be underwater? That's a fear I get asked a lot from people looking to buy a condo here in Waikiki. What I'm going to do is start out with the worst case scenario because today we're on a king tide in the middle of summer This is probably going to be the most extreme that you'll see throughout the year. Because today, we have a huge south swell. It's like 15 feet on the outside and then we have a king tide and we had a full moon last night. So I want to show you from perspective this is kind of as bad as it'll get. Once again, this is a question I get asked often from buyers... Read More
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
O'ahu Median Sales Pricing Softens in July with Increases in Inventory and Listings  Sales prices dip slightly while pending sales and active inventory remain strong   HONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®,O'ahu's housing market showed signs of cooling in July, with single-family home sales down 7.4% year-over-year to 249 units, while condo sales remained unchanged at 398 units. Year-to-date sales were down in both markets, declining 2.9% for single-family homes and 5.1% for condos. In the single-family home market, sales between the $800,000 and $999,999 range increased by 20% and accounted for nearly one third of all transactions. For condos, units priced between $300,000 and $499,999 made up the largest portion of sales, increas...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Discover why Waikiki Shore remains one of the most coveted—and surprising—real estate opportunities in Waikiki. In this video, we revisit Unit 418, a fully furnished 2-bedroom, 2-bathroom condo priced at $2.3M, and explore why it’s still a standout deal. From being the only oceanfront condo building in Waikiki to its legal vacation rental status, Waikiki Shore offers unmatched value... Read More
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By Kimo Stowell, REALTOR®, GREEN - 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, August 6, 2025  Lender Term/Type Interest Rate % Points % *APR American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.125 1.875 5.539 30-YR Fixed 6.125 1.875 6.387 5-YR ARM 5.375 1.875 6.660 Bank of Hawaii877-616-2636 15-YR Fixed 5.250 0.875 5.385 30-YR Fixed 5.875 2.000 6.063 5-YR ARM 5.375 2.000 6.575 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.125 2.000 5.567 30-YR Fixed 6.000 2.000 6.277 5-YR ARM 6.125 0.000 6.918 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 5.125 1.875 5.636 30-YR Fixed 6.000 2.125 6.344 5-YR ARM 6.250 1.500 7.091 First Hawaiian Bank808-6...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Downtown and Nu'uanu Honolulu, June 2025   Single Family Homes June Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 6 / 6  0% 31 / 31  0% Median Sales Price $1.34M / $1.250M  7% $1.375M / $1.2M  15% Percent of Original List Price Received 95.9% / 100.9%  0% 96.9% / 97.3% 0% Median Days on Market Until Sale 9 / 7  29% 28 / 32  44% New Listings 16 / 11  45% 36 / 36  11% Pending Sales 5 / 8  -38% 30 / 40  -25% Active Inventory 29 / 117  71% ---    Condos June Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 16 / 26  -38% 137 / 159  -14% Median Sales Price $456,950 / $621,000  -26% $515,000 / $590,000  -13% Percent of Original List Price Received 100.0% / 97.4%  3% 95.8% / 98.3%  -3% Median Days on Market Until Sale 34 / 43  -21% 46 ...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Diamond Head & Kapahulu Honolulu, June 2025   Single Family Homes June Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 25 / 111  20% 96 / 67  43% Median Sales Price $1.2M/ $1.498M  -20%    $1.25M/ $1.415M  -12% Percent of Original List Price Received 98.5% / 97.9%  1% 98.3% / 97.2%  1% Median Days on Market Until Sale 23 / 37  -45% 18 / 16  13% New Listings 15 / 16  88% 137 / 102  34% Pending Sales 17 / 11  38% 108 / 79  37% Active Inventory 43 / 41  20% ---    Condos June Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 5 / 7  -29% 41 / 38  8%  Median Sales Price $390,000 / $1.125M  -65%  $600,000 / $613,500  -2%   Percent of Original List Price Received 93.2% / 92.0%  1% 95.2% / 98.4%  -3%  Median Days on Market Until Sale 115 ...
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