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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 Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Waikiki Honolulu, March 2025   Single Family Homes March 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 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 March Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 80 / 82  -2% 212 / 237  -11% Median Sales Price $492,500 / $440,500  17% $456,000 / $435,000  5% Percent of Original List Price Received 94.8% / 97.9%  -3% 94.9% / 97.0%  -2% Median Days on Market ...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Bloom Garden and Art Festival @Salt at Our Kaka'ako Apr 18th & 19th, 2025, 10:00am-5:00pm     A two-day event full of plant and flower themed hand made items from local business's around Oahu. Featuring live plants, plant arrangements, handmade pottery, educational booths and more! Free admission, lots of parking, and always a pet friendly event!     PRICE:   Free   LOCATION: The Barn @ SALT At Our Kaka'ako 327 Keawe Street Honolulu, HI    
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Bizet'sCARMENApril 11 & April 13, 2025 | Blaisdell Concert HallPerformed in French with English supertitles. HOT’s 2024/2025 Season concludes with Bizet’s smoldering tale of seduction and addiction, Carmen, filled with some of opera’s most beloved melodies.Not a soul can resist Carmen’s seductive charm, not even the naïve Don José, who abandons his childhood sweetheart and his military career to follow her. But Carmen is a fiery gypsy with an appetite for smuggling and for powerful men. When she abandons him for a charismatic bullfighter, Don José’s infatuation turns to murderous obsession. What fate, or choice, waits for the woman no man can tame?Carmen will be presented in a staged concert version with the orchestra on stage, fully visible to the audience and part of the landscape of ...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha, Oahu homeowners and future buyers! 🌺 The March 2025 real estate stats are in, and they reveal an interesting shift in the Honolulu housing market. From rising home prices to a spike in condo inventory, this month’s data gives us key insights into where the market may be headed... Read More
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
O‘ahu Housing Market Sees Mixed Activity in March Single-family home median price ticks up, while condo median remains the same HONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®,O‘ahu’s housing market closed out the first quarter of 2025 with mixed results. In March, single- family home sales dipped 10.4% year-over-year, with 206 sales, while condo sales rose 7.3%, with 369 units sold. The median sales price for a single-family home rose 5.5% year-over-year to $1,160,000, up from $1,100,000 in March 2024. The condo median price remained unchanged at $500,000. While the average sales price for single-family homes reached $1,819,326—a figure influenced by a single transaction in the Kāhala area for $65.75 million—excluding this sale results in a...
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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, April 2, 2025  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 5.875 0.000 6.680 Bank of Hawaii877-616-2636 15-YR Fixed 5.375 1.000 5.530 30-YR Fixed 6.000 1.750 6.165 5-YR ARM 5.375 1.750 6.551 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.250 2.000 5.695 30-YR Fixed 6.000 2.000 6.277 5-YR ARM 6.250 0.000 6.968 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 5.250 1.750 5.744 30-YR Fixed 6.000 2.250 6.356 5-YR ARM 6.000 1.500 6.989 First Hawaiian Bank808-64...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
In the heart of Kakaako, one of Honolulu’s most vibrant neighborhoods, Waihonua has become a standout name in luxury condo living. Since its completion in 2015, this elegant residential tower has provided residents with a perfect blend of urban convenience and island luxury. Now, 10 years later, we can truly assess its performance in the Oahu real estate market... 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, February 2025   Single Family Homes February Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 6 / 1  500% 13 / 7  86% Median Sales Price $1.525M / $880,000  73% $1.455M / $1.1M  32% Percent of Original List Price Received 94.8% / 97.9%  -3% 94.8% / 97.3%  -3% Median Days on Market Until Sale 23 / 37  517% 31 / 18  72% New Listings 6 / 6  0% 16 / 12  33% Pending Sales 2 / 6  -67% 12 / 9  33% Active Inventory 17 / 20  -15% ---    Condos February Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 21 / 26  -19% 46 / 47  -2% Median Sales Price $525,000 / $608,000  -14% $442,500 / $606,000  -27% Percent of Original List Price Received 95.2% / 97.8%  -3% 95.3% / 98.3%  1% Median Days on Market Until Sale 50 /...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Did you know that you could buy land today in Kahala for cheaper than you could a dozen years ago? This is David Buck with Harcourts Island Real Estate and today we're gonna talk about land for sale in Kahala and why it's a discount compared to historic levels. First off We're gonna start off with this house behind me... 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, February 2025   Single Family Homes February Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 13 / 8  63% 25 / 18  39% Median Sales Price $1.42M/ $1.285M  11%   $1.28M/ $1.345M  -5% Percent of Original List Price Received 97.4% / 95.8%  2% 95.3% / 96.9%  -2% Median Days on Market Until Sale 26 / 56  -54% 28 / 49  -43% New Listings 22 / 17  29% 37 / 33  12% Pending Sales 17 / 11  55% 34 / 23  48% Active Inventory 45 / 45  0% ---    Condos February Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 3 / 5  -40% 9 / 12  -25%  Median Sales Price $605,000 / $1M  -40%  $594,000 / $712,500 -17% Percent of Original List Price Received 95.2% / 100.0%  -5% 97.4% / 98.4%  -1% Median Days on Market Until Sale 61...
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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, February 2025   Single Family Homes February Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 5 / 4  25%  13 / 11  18%    Median Sales Price $1.6M / $1.715M  -7%  $1.49791M / $1.6M  -6% Percent of Original List Price Received 92.7% / 103.0%  -10% 97.4% / 100.0%  -3% Median Days on Market Until Sale 121 / 4  2925% 31 / 6  417% New Listings 15 / 9  67% 29 / 19  53% Pending Sales 12 / 12  0% 19 / 17  12% Active Inventory 38 / 33  15% ---    Condos February Year to Date 2025 / 2024 Change% 2025 / 202...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Ulana at Ward VillageUlana is the 9th tower developed by Howard Hughes Corporation in the Ward Village Master Plan in Kaka'ako, Honolulu. Ulana at Ward Village is a 100% HCDA Reserved Housing condo development. This 41 story high-rise offers studio, 1, 2, and 3  bedroom condominiums at reserved housing pricing.  Local Market Update  Ala Moana & Kaka'ako Honolulu, February 2025   Single Family Homes February Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 1 / 1   0% 2 / 1  100% Median Sales Price $1.55M / $900,000  72% $1.395M / $900,000  55% Percent of Original List Price Received 88.6% / $93.0%  -5% 96.3% / $93.0%  -1%  Median Days on Market Until Sale 64 / 37  73% 38 / 37  3% New Listings 0 / 1  -100% 2 / 1  100%  Pending Sales 1 / 0  - 2 / 2  0% Active Inventory 7 /...
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Waikiki Honolulu, February 2025   Single Family Homes February 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% 0 / 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 February Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 67 / 85  -21% 132 / 155  -15% Median Sales Price $423,000 / $443,000  -5% $435,000 / $435,000  0% Percent of Original List Price Received 95.3% / 97.5%  -2% 95.2% / 96.9%  -2% Median Days ...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha! 🌺 Oahu’s real estate market showed some major shifts this past month, with certain neighborhoods experiencing massive sales growth and significant price increases. Whether you're considering buying, selling, or just keeping an eye on the market, understanding these trends can help you make informed decisions.Let’s break down the key highlights from February 2025 and explore what they mean for you... Read More
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Did you know that there are only 14 leasehold condo buildings remaining in Waikiki? With the majority of condos in Honolulu now converted to fee simple ownership, leasehold properties are becoming increasingly rare... Read More
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
O‘ahu Housing Market Sees Mixed Activity in February Single-family home median price sets a new record, while condo sales and prices soften HONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®, O‘ahu’s housing market experienced mixed trends in February. The median single-family home price reached a new record while overall sales volume for single-family homes and condos declined. The median price for single-family homes reached a record high of $1,185,000, a 10.2% increase from February 2024, surpassing the previous record of $1,153,500 set in May 2022. However, unlike previous record-setting periods driven by heightened buyer competition, recent activity suggests a more balanced market. The median percent of original list price received was 98....
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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, March 5th, 2025  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 6.000 2.125 6.284 5-YR ARM 5.000 1.875 6.439 Bank of Hawaii877-616-2636 15-YR Fixed 5.500 0.750 5.616 30-YR Fixed 6.000 1.625 6.153 5-YR ARM 5.375 1.625 6.540 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.250 2.000 5.695 30-YR Fixed 6.000 1.875 6.265 5-YR ARM 6.875 0.000 7.219 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 5.250 1.875 5.764 30-YR Fixed 6.125 1.875 6.448 5-YR ARM 6.000 1.500 7.063 First Hawaiian Bank808-...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha! 🌺 If you’ve been dreaming about owning a condo in Honolulu, now might be the perfect time to make your move. While the market has had its ups and downs, there are some unique opportunities right now that savvy buyers can take advantage of... Read More
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By Kimo Stowell, REALTOR®, GREEN - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Hawaii 2025 Pink Tie Ball - Paniola In PinkSaturday, March 8, 2025Doors open for Cocktail Hour at 5:30 p.m. Join Susan G. Komen for an evening inspired by Hawaii’s Paniolo culture. This formal gala will be branded with far western country sights, sounds, dance, a gourmet meal from the kitchens of Chef Jordon Swiler and you in your chicest ranch dressing. The Pink Tie Ball brings together community leaders, business partners, and fellow philanthropists for an unforgettable night of hope, and bold giving that champions our shared commitment for a world without breast cancer.TICKETS: $500 and upLOCATION:`Alohilani Resort Waikiki Beach2490 Kalakaua Avenue, Honolulu, HI 96815Attire:Formal – Paniolo ChicParking:Valet parking is available for $15 per vehicle at the main entrance (Porte Cochère...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Can you believe it’s been 10 years since One Ala Moana welcomed its first owners? This luxury condo development, perched atop Ala Moana Shopping Center, was one of Honolulu’s most talked-about projects when it launched. But now that a decade has passed, it’s time to look back and ask: Was buying at One Ala Moana a smart investment? Read More
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