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Honolulu, HI Real Estate News

By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Hele mai the volunteer Lēʻahi (Diamond Head) Community Biocultural Forest Restoration Work Day at Muriel Flanders Mini Park on the Makai side of Lēʻahi off Diamond Head Rd.! RSVP HERE: http://go.hawaii.edu/W82 Please RSVP for this event each time so we have a head count for food, or email us at cerene15@hawaii.edu to be invited to the Google Calendar for our regulars. Site Focus: Muriel Flanders and Scenic Byway at Diamond Head State MonumentWhen? 2026: Jan 24, Feb 14, Feb 21, Mar 14, Mar 21, Apr 11, Apr 25, May 9, May 16Time: 9am to NoonSee detailed schedule and carpool info below What to bring:  Hat – Stay shaded!  Sunglasses – Protect your eyes!  Reusable Water Bottle – Stay hydrated!  Sunscreen (SPF 50+ recommended) – Shield from the sun!  Closed-Toe Shoes – For safety & comfort!  ...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
If you're dreaming of waterfront living in East Oahu, specifically along the Hawaii Kai Marina, brace yourself: as of May 2025, only two true marina front single-family homes are on the market. With record-low inventory and continued buyer interest, the Hawaii Kai marina market is hotter than ever, and sellers are in an exceptional position... Read More
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
O'ahu Housing Market Recorded Slowdown in Overall Sales Activity in May Single-family homes show pricing resilience amid steady demand; condo market reflects shifting dynamics HONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®, Oʻahu’s housing market recorded a slowdown in overall sales activity in May, particularly in the condominium segment. Single-family home sales dipped 5.6% year-over-year to 235 closed sales, while condominium sales dropped 21.8% to 374 transactions. Year-to-date, sales remained below 2024 levels, down 5.3% for single-family homes and 7.2% for condominiums. Using data collected from its computerized Multiple Listing Service (MLS) system, the Board reported the following statistics:   Single-Family Home Resales   Number of...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Across the U.S., more home sales are collapsing before they close — and Hawaii isn’t immune. According to Redfin, nearly 1 in 7 real estate contracts were canceled in recent months, making it the second-highest fallout rate ever recorded. While national headlines may sound dramatic, there’s real data behind the concern — and several local factors at play on Oahu, especially in the condo market... 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, June 4, 2025  Lender Term/Type Interest Rate % Points % *APR American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.375 2.000 5.814 30-YR Fixed 6.375 2.000 6.656 5-YR ARM 5.500 1.625 6.612 Bank of Hawaii877-616-2636 15-YR Fixed 5.500 0.875 5.636 30-YR Fixed 6.125 1.750 6.292 5-YR ARM 5.500 1.750 6.541 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.375 2.125 5.843 30-YR Fixed 6.250 1.875 6.521 5-YR ARM 6.250 0.000 6.894 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 5.250 2.125 5.804 30-YR Fixed 6.250 2.125 6.601 5-YR ARM 6.500 1.500 7.194 First Hawaiian Bank808-643...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
With mortgage rates hovering around 7% and homes spending over 120 days on the market, many Hawaii Kai homeowners are wondering: “Is this really the right time to sell?” While conditions might feel uncertain, there are actually strong indicators that this summer may be a smart window to list your property — especially if you’ve owned your home for more than a few years... 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, April 2025   Single Family Homes April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 3 / 10  -70% 21 / 21  0% Median Sales Price $1.28M / $1,179,870  8% $1.375M / $1.259,739  9% Percent of Original List Price Received 100.0% / 99.7%  0% 98.3% / 96.9%  1% Median Days on Market Until Sale 8 / 20  -60% 28 / 32  -13% New Listings 8 / 11  -27% 31 / 29  7% Pending Sales 4 / 5  -20% 22 / 24  -8% Active Inventory 21 / 20  5% ---    Condos April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 24 / 406  -40% 94 / 107  -12% Median Sales Price $525,000 / $608,000  -13% $522,500 / $590,000  -11% Percent of Original List Price Received 93.8% / 98.5%  -5% 95.1% / 98.4%  -3% Median Days on Market Until Sale 48 /...
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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, April 2025   Single Family Homes April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 15 / 16  -6% 57 / 48  19% Median Sales Price $1.4M/ $1.1825M  18%   $1.375M/ $1.295M  6% Percent of Original List Price Received 96.8% / 95.8%  1% 97.4% / 96.9%  1% Median Days on Market Until Sale 25 / 14  79% 20 / 15  33% New Listings 25 / 21  19% 82 / 65  26% Pending Sales 16 / 14  14% 68 / 54  26% Active Inventory 52 / 42  21% ---    Condos April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 15 / 7  114% 31 / 25  24%  Median Sales Price $625,000 / $620,000  1% $605,000 / $620,000 -2% Percent of Original List Price Received 95.9% / 100.0%  -4% 95.9% / 99.2%  -3% Median Days on Market Until Sale 31 / 11  1...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Condos along the Ala Wai Canal in the McCully/Moili'ili neighborhood of Honolulu. The area has a large community garden and dog park with promenades along the canal, making for an expansive recreation area for you and your pet.  Local Market Update  Makiki & Moili'ili Honolulu, April 2025   Single Family Homes April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 7 / 9  -22%  27 / 29   -7%  Median Sales Price $1.57M / $1.595M   -2%  $1.498955M / $1.595M  -6% Percent of Original List Price Received 93.8% / 97.5%  -4% 97.1% / 97.4%  0% Median Days on Market Until Sale 38 / 23  65% 31 / 23  35% New Listings 10 / 17  -41% 54 / 55  -2% Pending Sales 10 / 12  -17% 38 / 36  6% Active Inventory 39 / 45  -13% ---    Condos April Year to Date 2025 / 2024 Change% 2025 / 2024 Chan...
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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, April 2025   Single Family Homes April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 1 / 0   - 3 / 2  50% Median Sales Price $1.2M / - $1.24M / $1M  24% Percent of Original List Price Received 92.4% / - 92.4% / 94.7%  -2%  Median Days on Market Until Sale 46 / - 46 / 38  21% New Listings 3 / 0  - 6 / 3  200%  Pending Sales 1 / 0  - 3 / 2  50% Active Inventory 9 / 4  125% ---    Condos April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 49 / 52  -6%  183 / 148  24%  Median Sales Price $650,000 / $745,000  -13% $760,000 / $699,500  9% Percent of Original List Price Received 92.0% / 96.0%  -4% 95.1% / 96.1%  -1%  Median Days on Market Until Sale 79 / 65  22% 67 / 50  34% New Listings 109 / 88  24%...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Waikiki Honolulu, April 2025   Single Family Homes April 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 April Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 88 / 107  -18% 300 / 344  -13% Median Sales Price $428,750 / $480,000  -11% $445,000 / $444,000 0% Percent of Original List Price Received 96.1% / 96.0%  0% 95.3% / 96.9%  -2% Median Days on Market...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
While Kakaako and Waikiki often grab headlines, Hawaii Kai offers some of the best hidden value in Honolulu’s condo market — especially when it comes to high-rise living. Nestled along the marina with mountain and ocean views, Hawaii Kai is home to eight official high-rise buildings, most of which were built in the 1970s and 1980s and feature larger units, great amenities, and lower prices than their urban counterparts... Read More
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
O‘ahu Home and Condo Sales Cool Down Ahead of Summer Sales activity softens as more listings and active inventory continue to build across the market HONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®, both single-family home and condo sales declined in April. Single-family home sales fell 8.0% year-over-year with 241 closed sales, while condo transactions dropped 8.4% to 395. Year-to-date, sales volume remains behind 2024 levels, down 5.3% for single-family homes and 2.3% for condos. 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 APRIL 2025 241  -8.0% $1,170,000  +6.4% APRIL 2024 262 $1,100,00   Cond...
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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, May 7, 2025  Lender Term/Type Interest Rate % Points % *APR American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.375 1.750 5.774 30-YR Fixed 6.375 1.875 6.643 5-YR ARM 5.375 1.875 6.660 Bank of Hawaii877-616-2636 15-YR Fixed 5.500 0.750 5.616 30-YR Fixed 6.000 2.000 6.189 5-YR ARM 5.375 2.000 6.575 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.375 1.875 5.803 30-YR Fixed 6.250 1.875 6.521 5-YR ARM 6.375 0.000 7.018 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 5.250 1.875 5.764 30-YR Fixed 6.250 2.000 6.589 5-YR ARM 6.375 1.500 7.067 First Hawaiian Bank808-643-...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Tucked high above Hawaii Kai, Mariners Ridge offers some of East Oahu’s most breathtaking views — and right now, it’s one of the hottest real estate pockets with zero active listings. That’s right — as of May 2025, there are no homes available for sale on this coveted hillside, creating a unique window of opportunity for sellers and fierce competition among buyers... Read More
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
East Honolulu is home to some of Oahu’s most sought-after residential neighborhoods — and two of the most talked-about in 2025 are Aina Haina and Niu Valley. While they’re located right next to each other, the real estate dynamics in each community tell very different stories. Whether you're a buyer, seller, or investor, understanding how these two neighborhoods compare can make all the difference in your next real estate move... Read More
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
If you've been waiting for an opportunity to buy at The Watermark in Waikiki, your time may be now. In a dramatic shift, the number of active listings at this luxury condo building has jumped from zero in February 2025 to ten listings in May — a staggering 1,000% increase in inventory... 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, March 2025   Single Family Homes March Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 5 / 4  25% 18 / 11  64% Median Sales Price $1M/ $1.285M  -22%   $1.4M/ $1.275M  10% Percent of Original List Price Received 96.9% / 90.6%  7% 95.9% / 96.0% 0% Median Days on Market Until Sale 26 / 74  -65% 28 / 49  -24% New Listings 7 / 6  17% 23 / 18  28% Pending Sales 6 / 10  -40% 18 / 19  48% Active Inventory 18 / 17  6% ---    Condos March Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 24 / 20  20% 70 / 67  4%  Median Sales Price $585,000 / $404,250  45% $517,500 / $500,000 4% Percent of Original List Price Received 95.4% / 97.5%  -2% 95.3% / 98.1%  -3% Median Days on Market Until Sale 83 / 18  361% 50 / ...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Looking for the perfect blend of security, privacy, and luxury on the island of Oahu? Gated communities in Honolulu offer a lifestyle that combines exclusivity with island beauty — whether you’re dreaming of ocean views, lush mountain valleys, or beachside bliss.In this blog, we’ll take you through some of the most sought-after gated communities in Honolulu, from Nuuanu to Hawaii Kai, where you’ll find everything from classic kamaʻāina estates to modern custom-built masterpieces... Read More
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Condos along the Ala Wai Canal in the McCully/Moili'ili neighborhood of Honolulu. The area has a large community garden and dog park with promenades along the canal, making for an expansive recreation area for you and your pet.  Local Market Update  Makiki & Moili'ili Honolulu, March 2025   Single Family Homes March Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 7 / 9  -22%  20 / 20  0%    Median Sales Price $1.38M / $1.35M  2%  $1.438955M / $1.544M  -7% Percent of Original List Price Received 93.2% / 93.5% 0% 97.1% / 97.2% 0% Median Days on Market Until Sale 10 / 43  -77% 25 / 23  9% New Listings 15 / 19  -21% 44 / 38  16% Pending Sales 9 / 7  29% 28 / 24  17% Active Inventory 39 / 43  -9% ---    Condos March Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Close...
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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, March 2025   Single Family Homes March Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 0 / 1   -100% 2 / 2  0% Median Sales Price - / $1.1M  - $1.395M / $1M  40% Percent of Original List Price Received - / 96.5%  - 92.4% / 94.7%  -2%  Median Days on Market Until Sale - / 38  - 38 / 38  0% New Listings 1 / 1  0% 3 / 2  50%  Pending Sales 0 / 0  - 2 / 2  0% Active Inventory 8 / 4  100% ---    Condos March Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 50 / 38  32%  134 / 96  40%  Median Sales Price $805,000 / $747,000  8% $780,000 / $624,250  25% Percent of Original List Price Received 95.8% / 95.5%  0% 95.8% / 96.2%  0%  Median Days on Market Until Sale 78 / 92  -15% 56 / 45  24% New Listings 92 / ...
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