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Honolulu, HI Real Estate News

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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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Can you imagine owning a 2-bedroom, 2-bathroom oceanfront condo on Diamond Head’s iconic Gold Coast for 14% LESS than what it sold for 10 years ago? It sounds too good to be true — but it’s real! Read More
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By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Downtown and Nu'uanu Honolulu, January 2025   Single Family Homes January Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 12 / 10  20% 12 / 10  20% Median Sales Price $1.26M / $1.425M  -12% $1.26M / $1.425M  -12% Percent of Original List Price Received 94.8% / 99.4%  -5% 94.8% / 99.4%  -5% Median Days on Market Until Sale 23 / 37  -38% 23 / 37  -38% New Listings 15 / 16  -6% 15 / 16  -6% Pending Sales 17 / 11  55% 17 / 11  55% Active Inventory 43 / 41  5% ---    Condos January Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 6 / 7  -14% 6 / 7  -14% Median Sales Price $567,000 / $607,000  -7% $567,000 / $607,000  -7% Percent of Original List Price Received 98.7% / 98.2%  1% 98.7% / 98.2%  1% Median Days on Market Until Sale 14 / 1...
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By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Diamond Head & Kapahulu Honolulu, January 2025   Single Family Homes January Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 12 / 10  20% 12 / 10  20% Median Sales Price $1.26M/ $1.425M  -12%    $1.26M/ $1.425M  -12% Percent of Original List Price Received 94.8% / 99.4%  -5% 94.8% / 99.4%  -5% Median Days on Market Until Sale 23 / 37  -38% 23 / 37  -38% New Listings 15 / 16  -6% 15 / 16  -6% Pending Sales 17 / 11  55% 17 / 11  55% Active Inventory 43 / 41  5% ---    Condos January Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 6 / 7  -14% 6 / 7  -14%  Median Sales Price $567,000 / $607,000  -7%  $567,000 / $607,000  -7%  Percent of Original List Price Received 98.7% / 98.2%  1% 98.7% / 98.2%  1% Median Days on Market Until Sale...
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By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(HI Pro Realty LLC RB-21531 )
Ala Wai Manor sits along the Ala Wai Canal in the McCully/Moili'ili neighborhood of Honolulu. The pet friendly building was built in 1964 and is adjacent to the McCully bridge running into Waikiki. The Ala Wai Dog Park is a short walk away, offering plenty of opportunity for pet owners to recreate with their four legged family.  Local Market Update  Makiki & Moili'ili Honolulu, January 2025   Single Family Homes January Year to Date 2025 / 2024 Change% 2025 / 2024 Change% Closed Sales 8 / 7  14%  8 / 7  14%    Median Sales Price $1.31M / $1.888M  -12%  $1.31M / $1.888M  -12% Percent of Original List Price Received 98.7% / 97.4%  1% 97.0% / 95.7%  1% Median Days on Market Until Sale 18 / 19  -5% 18 / 19  -5% New Listings 14 / 10  40% 14 / 10  40% Pending Sales 7 / 5  40% 7 / 5  40% Activ...
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By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(HI Pro Realty LLC RB-21531 )
Hawai'i Triennial 2025Through May 4thTuesday to Saturday 11:00AM-7:00PM Bringing together the work of 49 artists and artist collectives, across multiple sites, on three islands, Hawai‘i Triennial 2025 (HT25) is the state’s largest, thematic exhibition of contemporary art from Hawai‘i, the Pacific, and beyond. Every three years, Hawai‘i Contemporary presents the Triennial across museums, galleries, and outdoor and unconventional art spaces, and offers a complementary program of public engagements. Sites of exhibition and programming include Bishop Museum, Foster Botanical Garden, HT25 HUB at Davies Pacific Center, Capitol Modern, Honolulu Museum of Art, Donkey Mill Art Center, and East Hawai‘i Cultural Center.Entitled ALOHA NŌ, HT25 invites visitors to [re]consider their own notions and ...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha! 🌺 The Oahu real estate market kicked off 2025 with some major shifts, from record-breaking home price increases to dramatic sales growth in key neighborhoods. Whether you’re looking to buy, sell, or invest, staying updated on the latest trends will help you make the best real estate decisions... Read More
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By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(HI Pro Realty LLC RB-21531 )
Ke KilohanaKe Kilohana is a 424-unit residential condominium developed by the Howard Hughes Corp. The residential condo tower is one of several high-rise projects developing along Ward Ave in what is collectively known Ward Village, in Kaka'ako, Honolulu. Created as affordable work force housing, maintenance fees at the project went up over 50% in less than a year after the move-in date, creating quiet a stir amongst its residence. Despite legal efforts to stop the steep increase in fees, the maintenance fee estimate is often conspicuously noted in sales contracts as "not intended to be and does not constitute any representation or warranty by the developer” in part because of intangibles such as fluctuations in the cost of insurance, energy and labor, which could substantially increase...
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By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(HI Pro Realty LLC RB-21531 )
The world famous Ilikai CondotelCompleted in 1964, the Ilikai was the first luxury high-rise hotel in Honolulu. The ultra modern design was created by renowned architect, John Graham, Jr., which came to define a bold new era in Hawaiian architecture. The project was the largest of it’s kind in the world at the time; made famous during the opening scenes of the original Hawaii Five-O television series, with it’s panoramic oceanfront views.  Local Market Update  Waikiki Honolulu, January 2025   Single Family Homes January 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 Listin...
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By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(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, February 5th, 2025   Lender Term/Type Interest Rate % Points % *APR American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.500 2.000 5.942 30-YR Fixed 6.375 2.000 6.656 5-YR ARM 5.000 2.125 6.462 Bank of Hawaii877-616-2636 15-YR Fixed 5.625 0.750 5.742 30-YR Fixed 6.125 1.750 6.292 5-YR ARM 5.375 1.750 6.551 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.500 2.000 5.951 30-YR Fixed 6.250 2.125 6.546 5-YR ARM 6.875 0.000 7.219 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 5.500 2.250 6.081 30-YR Fixed 6.375 1.875 6.704 5-YR ARM 6.125 1.500 7.114 First Hawaiian Bank...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha! 🌺 If you're looking for high-rise living in the heart of Honolulu, Kapiolani Boulevard offers some of the best condo options on Oahu. Nestled near Waikiki, Ala Wai Canal, and the University of Hawaii at Manoa, this vibrant neighborhood is home to a mix of luxury, mid-range, and classic condominiums that cater to various lifestyles and budgets... Read More
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By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(HI Pro Realty LLC RB-21531 )
Hawaii Collectors Expo (34th Annual)Feb 21 at 4:00PM - Feb 23 at 5:00PM Hawaii Collectors Expo is an annual 3-day event where vendors / exhibitors from all over the island and the mainland showcase their wide range of collectibles.The expo offers an in-person marketplace for vendors to promote and sell a variety of collectibles ranging from Anime, Sports Cards, Coin & Stamp collecting, Hawaiiana, Action Figures, Vintage Sports & Movie Memorabilia, Comics, Art, Vintage clothing, Jewelry, Toys, Trades Cards, Funko Pop and much more! TICKETS:General Admission: $10 and Children 11 and under Free. Please note: Tickets available at Blaisdell Center Box Office on the day of event. LOCATION:Neal S. Blaisdell Center 777 Ward Avenue, Honolulu, HI   For expert Real Estate Sales and Pet Friendly Pr...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Thinking of buying a condo in Oahu?  Before you dive into paradise living, it’s crucial to understand the hidden costs—especially maintenance fees. These fees, also known as "strata fees" in Canada and Australia, can vary significantly depending on the building, amenities, and location... Read More
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By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Downtown and Nu'uanu Honolulu, December 2024   Single Family Homes December Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 5 / 5  0% 72 / 60  20% Median Sales Price $1.15M / $995,000  16% $1.21M / $1.1235M  8% Percent of Original List Price Received 87.1% / 100.0%  -13% 98.8% / 96.4%  2% Median Days on Market Until Sale 92 / 17  441% 16 / 19  -16% New Listings 4 / 6  -33% 99 / 91  9% Pending Sales 4 / 5  -20% 81 / 68  19% Active Inventory 14 / 19  -26% ---    Condos December Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 20 / 21  -5% 304 / 312  -3% Median Sales Price $802,500 / $650,000  23% $555,000 / $560,000  -2% Percent of Original List Price Received 98.1% / 100.0%  -2% 98.0% / 98.2%  0% Median Days on Market Until Sale 3...
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By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Diamond Head & Kapahulu Honolulu, December 2024   Single Family Homes December Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 13 / 16  -19% 152 / 145  5% Median Sales Price $990,000 / $1.175M  -16%    $1.375M / $1.3M  6% Percent of Original List Price Received 99.2% / 99.6%  0% 97.6% / 98.7%  -1% Median Days on Market Until Sale 8 / 13  -12% 15 / 17  -12% New Listings 16 / 8  100% 225 / 194  16% Pending Sales 18 / 10  80% 173 / 163   6% Active Inventory 46 / 43  7% ---    Condos December Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 5 / 3  67% 78 / 60  30%  Median Sales Price $740,000 / $700,000  6%  $711,000/ $867,500  -18% Percent of Original List Price Received 97.2% / 98.6%  -1% 98.4% / 98.8%  0% Median Days on Market Unt...
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By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(HI Pro Realty LLC RB-21531 )
                        Celebrate the Lunar New Year!!                                January 25 @ 11:00 AM - 5:00 PMHolo Holo Hawaii Kai Towne Center TODAY; Saturday, January 25, 2025, starting at 11 AM, as the festivities kick off with the Wah Ngai Lion Dance at the Marina Docks stage and a special appearance by the Narcissus Festival Court.The celebration continues with an exciting kung fu demonstration and a lively lion dance skit that will captivate the whole ʻohana. You’ll also have the chance to feed the lion for good luck and prosperity in the year ahead!Don’t miss this exciting event that brings culture, blessings, and fun to the community. See you there! LOCATION:Hawaii Kai Towne Center 333 Keahole St Honolulu, HI      
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By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Makiki & Moili'ili Honolulu, December 2024   Single Family Homes December Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 9 / 4  125%  103 / 89  16%    Median Sales Price $1.69M / $1.8465M  -8%  $1.65M / $1.521M  8% Percent of Original List Price Received 99.4% / 100.5%  -1% 97.0% / 95.7%  1% Median Days on Market Until Sale 16 / 7  129% 17 / 18  -6% New Listings 7 / 5  40% 158 / 142  11% Pending Sales 7 / 6  17% 111 / 101  10% Active Inventory 32 / 36  -11% ---    Condos December Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 27 / 19  42% 479 / 476  1% Median Sales Price $403,000 / $440,000  -8%  $405,000 / $408,000  -1% Percent of Original List Price Received 97.9% / 96.6%  1% 97.5% / 98.5%  -1% Median Days on Market Until Sa...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Can you believe that home sales in Waialae-Kahala were up 450%? This is David Buck with Harcourts Island Real Estate here to report on the local market update for December of 2024... Read More
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By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Ala Moana & Kaka'ako Honolulu, December 2024   Single Family Homes December Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 0 / 2  -100% 5 / 9  -44% Median Sales Price - / $1.045M $1.1M / $1.182M   -7% Percent of Original List Price Received - / 97.1% 93.0% / 96.3%  -3% Median Days on Market Until Sale - / 0  37 / 7  429% New Listings 1 / 2   -50% 14 / 14  0% Pending Sales 0 / 0   7 / 5  40% Active Inventory 8 / 6  33% ---    Condos December Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 47 / 44  7%  503 / 560  -10%  Median Sales Price $703,000 / $812,000  -13%  $769,000 / $715,000  8% Percent of Original List Price Received 93.3% / 97.1%  -4% 96.0% / 96.9%  -1%    Median Days on Market Until Sale 49 / 25  96% 53 / 34  56% New ...
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By Kimo Stowell, James "Kimo" Stowell - REALTOR®, ABR®, GREEN
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Waikiki Honolulu, December 2024   Single Family Homes December 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% 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 December Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 72 / 69  4% 998 / 1074  -7% Median Sales Price $552,500 / $430,000  28% $450,000 / $425,000  6% Percent of Original List Price Received 96.0% / 96.4%  0% 96.4% / 96.9%  -1% Median Days on ...
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