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Honolulu County, HI Real Estate News

By Theresa Harden, PB SFR e-Pro Realtor
(Hawaii Dream Realty LLC)
Oahu Housing Inventory SnapshotThe June 2024 Oahu Hawaii Housing Inventory Snapshot represents aggregated values based on Honolulu MLS data as of June 27, 2024, and depicting a robust Oahu housing market across all segments with varying degrees of price increases and market activity. Single-family homes and luxury properties show stable to moderate price increases, while condos and luxury condos exhibit stronger price appreciation. The decrease in days on market for sold properties across most segments indicates a competitive market environment with properties selling relatively quickly compared to previous periods. Overall, the Oahu housing market presents opportunities for both buyers and sellers, who should remain vigilant and adaptable in response to evolving conditions. Housing Inv...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha! This is David Buck and today we're going to take you on a walking tour of the Gold Coast. It's something I've done countless times with my clients here at the very end of Kalakaua Ave. at Diamond Head. What we have behind me is Sans Souci Beach Park and the Natatorium is directly behind me. We're going to start on Kalakaua and make our way down to Coconut Ave... Read More
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Summer Reading Challenge - For All AgesTue, Jul 02, 2024 , 6:00amReaders of All Ages are invited to join the Hawaii State Public Library System's Summer Reading Challenge from June 1 – July 31, 2024!EVENT FORMAT:In-person and virtual LOCATION:All Hawaii Public Libraries478 South King St.Honolulu, HI PRICE:Free This summer’s theme is E Heluhelu Kākou; Moʻolelo, and Hawaii’s public libraries will be celebrating the rich and varied stories that shape our communities.If you join and log minutes, you will be entered into a drawing for a grand prize of four roundtrip tickets on Alaska Airlines to travel and build your own new stories!For more information, visit the web link below or call your local public https://www.librarieshawaii.org/summerreading/ THREE EASY WAYS TO JOIN: ONLINE: Go to th...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Downtown and Nu'uanu Honolulu, May 2024   Single Family Homes May Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 4 / 7  -43% 25 / 21  19% Median Sales Price $1.001M/ $1.1M  -9% $1.2M / $1.1M  9% Percent of Original List Price Received 96.2% / 100.0%  -4% 96.9% / 94.8%  2% Median Days on Market Until Sale 34 / 14  143% 32 / 17  88% New Listings 7 / 6  17% 36 / 30  20% Pending Sales 8 / 1  700% 32 / 18  78% Active Inventory 19 / 22   -14% ---    Condos April Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 26 / 23  13% 133 / 133  0% Median Sales Price $522,500 / $585,000  -11% $585,000 / $571,500  2% Percent of Original List Price Received 100.0% / 97.3%  3% 98.4% / 97.5%  1% Median Days on Market Until Sale 17 / 36  -530% 19 / 32...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha! I'm going to give you a quick walk through of my listing here at 204 Poipu Drive in Koko Kai. We put this one in escrow pretty quick. It's a very special property. I'm going to give you a quick walk around and then show you a little bit of the professional video... Read More
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha! This is David Buck with Harcourts Island Real Estate and I just spent the past 5 days out and about on Oahu talking about the 71 things us as Realtors do when working with Buyers. I had to edit this video a little bit because I started off talking about the 99 things that Realtors do. It turns out, there's A LOT more... Read More
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Diamond Head & Kapahulu Honolulu, May 2024   Single Family Homes May Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 8 / 11  -27% 56 / 50  12% Median Sales Price $1.568750M / $1.2M  31%    $1.4075M / $1.267M  12% Percent of Original List Price Received 92.1% / 94.8%  -3% 96.7% / 94.6%  2% Median Days on Market Until Sale 14 / 25  76% 16 / 29  -45% New Listings 20 / 13  54% 85 / 67  27% Pending Sales 12 / 10  20% 66 / 66  0% Active Inventory 48 / 35  37% ---    Condos May Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 6 / 5   20% 31 / 25  24%  Median Sales Price $620,000 / $592,500  -47% $620,000 / $637,000  -5% Percent of Original List Price Received 100.0% / 94.5%  -2% 99.2% / 99.5%  -1% Median Days on Market Until Sale 11 / 4...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
25th Annual Haleiwa Arts FestivalSat, Jun 29, 2024 & Sun, Jun 30, 2024, 10:00am-5:00pm Haleiwa Arts Festival hosts it’s 25th Annual event on June 29-30 at Haleiwa Beach Park on the North Shore, Oahu. This two day event features over 100 Visual Fine Artists, Performing Artists, Food and Drink, Keiki Art projects, Community outreach. More info HaleiwaArtFestival.org. Family friendly, Fun and FREE! EVENT OVERVIEW: This is a FREE event! Event includes live music and dance performances, artist and food vendor booths and a dedicated Keiki Art Tent offering hands on activities for kids. Parking can be limited. Please plan accordingly! Click on the 2024 Program button below to view the schedule and event map.  PRICEFree—Free Event LOCATIONHaleiwa Beach Park62-449 Kamehameha HWYHaleiwa, HI  For ...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
What we're going to cover today are the 3 main neighborhoods out here, which are going to be Portlock, which is everything along the ocean behind me. Then, Triangle, which is above it to the left. Then, Koko Kai is going to be the 3rd MLS neighborhood. I'm going to walk you through all 3, talk about the ins and outs of them and why it's a great spot to live here in Hawaii Kai... Read More
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Makiki & Moili'ili Honolulu, May 2024   Single Family Homes May Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 11 / 6  83%   40 / 37  8%    Median Sales Price $1.415M / $1.2775M  11% $1.529444M / $1.435M  7% Percent of Original List Price Received 100.8% / 95.5%  6% 98.1% / 95.7%  3% Median Days on Market Until Sale 8 / 15  -47% 16 / 13   23% New Listings 20 / 16  25% 75 / 64  17% Pending Sales 7 / 13  -46% 43 / 51 -16% Active Inventory 48 / 26  85% ---    Condos May Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 53 / 48  10% 199 / 175  14%  Median Sales Price $395,000 / $415,000  -5%   $405,000 / $415,000  -2%  Percent of Original List Price Received 97.0% / 98.3%  -1% 97.1% / 97.9%  -1% Median Days on Market Until Sale 30 / ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Ala Moana & Kaka'ako Honolulu, May 2024   Single Family Homes May Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 0 / 0   0% 2 / 2  0%  Median Sales Price $0 / $0   0%  $1M / $1.01M   -1% Percent of Original List Price Received 0.0% / 0.0%  0% 94.7% / 103.7%  -9% Median Days on Market Until Sale 0 / 0  0% 38 / 4  850% New Listings 0 / 3  -100% 2 / 6  -67% Pending Sales 1 / 0   0%   3 / 3  0% Active Inventory 3 / 3   0% ---    Condos May Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 54 / 54  0%  202 / 225  -10%  Median Sales Price $748,500 / $610,000  23% $732,500 / $645,000  14% Percent of Original List Price Received 96.0% / 97.3%  -1% 96.1% / 96.8%  -1%    Median Days on Market Until Sale 66 / 34  94% 53 / 35  51% New Listin...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
The median home price in Kapahulu - Diamond Head saw the largest increase here on Oahu year over year. That was up 31% from a year ago. A year ago, the median home price in Kapahulu to Diamond Head was $1,200,000 and this past month it was at... Read More
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Waikiki Honolulu, May 2024   Single Family Homes May 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% 0 / 0  0% Pending Sales 0 / 0  0% 0 / 0  0% Active Inventory 0 / 0  0% --- * Waikiki has very few single family residences and are rarely offered for sale.  Condos May Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 127 / 94  35% 471 / 449   5% Median Sales Price $390,000 / $402,500   -3%  $430,000 / $411,500  4% Percent of Original List Price Received 97.4% / 97.4%  0%  97.0% / 97.2%  0% Median Days on Market Until...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
There's only 1 unit for sale in Pualei Circle. That's a 1 bedroom at Diamond Head Alii going for $535,000. In addition to that, there's 2 others in Pualei Circle that have accepted offers on them. Over the past 6 months, there's only been 7 sales, with an average 23 days on market.. Read More
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha! This is David Buck and we're reporting from the Harcourts Island Real Estate office in Kahala. Today, we're going to be covering the home and condo stats for May of 2024... Read More
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Raise HawaikiSunday, June 16, 20244:00 PM 6:30 PMThe 23-24 Halekulani Masterworks season finale concludes with Dane Lam conducting Michael-Thomas Foumai’s (HSO Composer-in Residence) epic Hōkūleʻa oratorio, Raise Hawaiki.Setting the words of Nainoa Thompson, Eddie Aikau, and Mau Pialug, Foumai’s sweeping choral symphony voyages through decades of Polynesian wayfinding. Journey through the trials and triumphs of the awakening Hawaiian consciousness, the 1976 maiden voyage to Tahiti, the Mālama Honua worldwide voyage, and the dream to “Raise Hawaiki from the sea.” (Eddie Aikau). Promoted by Hawai‘i Symphony Orchestrainfo@hawaiisymphonyorchestra.org808-380-7724 Concert Update: Due to unforeseen changes in artist availability for the performance of Raise Hawaiki, the Hawaiʻi Symphony Orche...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
O‘ahu Housing Prices Dip Modestly Compared to 2023 More than a quarter of single-family homes sold in May in the $899,999 or less price range HONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®,Single-family home sales in May fell 5.0% year-over-year and month-over-month, while condo sales increased 9.1% year-over-year and 10.9% from the previous month.Median sales prices for both single-family homes and condos saw a slight decline compared to May 2023. Single-family homes ended the month with a median price of $1,085,000, reflecting a 2.2% decrease year-over-year, while the condo median price of $495,000 marks 2% dip year-overyear. However, year-to-date median prices for single-family homes and condos experienced a modest increase of 2.4% and 1....
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
If you're thinking about living in Waialae Iki, David shares the pros and cons about living in one of East Honolulu's coveted neighborhoods. In addition to covering Waialae Iki's history of development, he compares and contrasts to neighboring Kahala Kua... Read More
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By Kimo Stowell, REALTOR Associate® 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 verify Posted Wednesday, June 5, 2024  Lender Term/Type Interest Rate % Points % *APR American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.500 2.125 5.962 30-YR Fixed 6.250 2.250 6.552 5-YR ARM 5.875 1.875 7.300 Bank of Hawaii877-616-2636 15-YR Fixed 6.250 0.875 6.389 30-YR Fixed 6.375 1.750 6.544 5-YR ARM 6.125 0.875 7.330 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.625 2.000 6.079 30-YR Fixed 6.250 2.000 6.533 5-YR ARM 7.000 0.000 7.849 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 5.500 2.125 6.061 30-YR Fixed 6.125 2.125 6.473 5-YR ARM 6.500 1.500 7.780 First Hawaiian Bank...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Here we are at Makaha Valley Towers in Makaha. You can tell you're at Makaha Valley Towers when you hear peacocks. I wanted to give you a tour of a unit we closed on recently and put it right back on the market at Makaha Valley Towers. This is a studio, unit #524.... Read More
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