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Honolulu, HI Real Estate News

By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Makiki & Moili'ili Honolulu, March 2024   Single Family Homes March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 9 / 14  -36%   20 / 23  -13%    Median Sales Price $1.35M / $1.5M  -10% $1.5444M / $1.5M  3% Percent of Original List Price Received 93.5% / 98.0%  -5% 97.2% / 95.7%  2% Median Days on Market Until Sale 43 / 14   207% 23 / 15   53% New Listings 19 / 11  73% 38 / 36  6% Pending Sales 7 / 10  -30% 24 / 31  -23% Active Inventory 43 / 24  79% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 36 / 41  95% 102 / 86  19%  Median Sales Price $385,000 / $430,000  -10%   $405,000 / $404,500  0%  Percent of Original List Price Received 98.1% / 97.9%  0% 97.4% / 97.8%  0% Median Days on Market Until Sale 26 /...
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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, March 2024   Single Family Homes March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 1 / 0  0%  2 / 0  0%  Median Sales Price $1.1M/ $0   0%  $1M / $0   0% Percent of Original List Price Received 96.5% / 0.0%  0% 94.7% / 0.0%  0% Median Days on Market Until Sale 38 / 0  0% 38 / 0  0% New Listings 1 / 0  0% 2 / 1  100% Pending Sales 0 / 1  -100% 2 / 1  100% Active Inventory 4 / 0   0% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 38 / 55  -31%  96 / 124  -23%  Median Sales Price $747,000 / $830,000  -10% $624,250 / $645,000  -3% Percent of Original List Price Received 95.5% / 95.9%  0% 96.2% / 96.6%  0%    Median Days on Market Until Sale 92 / 39  136% 45 / 41  10% New Listin...
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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, March 2024   Single Family Homes March 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% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 82 / 97  -15% 237 / 251   -6% Median Sales Price $440,000 / $470,000  -6% $435,000 / $403,750  0% Percent of Original List Price Received 97.9% / 97.3%  1%  97.0% / 97.0%  0% Median Days on Market Until Sale 33 / 31  6% 36 / 27  33% New Listings 170  / 150  13% 446  / 379  18% ...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha! This is David Buck with Harcourts Island Real Estate. Today is another Wednesday and we're going to cover another episode of We Need Inventory. The neighborhood of discussion today is Waialae Golf Course neighborhood. Every year I do a blog on the Sony Open and the homes along the golf course. Traditionally, every year there's several for sale... Read More
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By Douglas Fischer
(East Oahu Realty - Selling Honolulu, Hawaii Condos)
Listing Alerts - Honolulu Condos Aloha! Please view the links below for this week's Listing Alerts. Don't miss the HOT LINKS at the bottom of this newsletter for such distressed property listings as: Lender Owned Property Listings Foreclosure Property Listings Short Sale Property Listings Also, please feel free to visit our website, one of the most complete Honolulu Condominium Directories available online at www.HNLCondos.com. NEW CONDO LISTINGS These condo listings are new listings that have come on the market for sale, since last week's newsletter.   MLS Search page on our Website or set up your own Listing Manager Account. ALA MOANA NEW CONDO LISTINGS   DIAMOND HEAD NEW CONDO LISTINGS DOWNTOWN/CHINATO WN NEW CONDO LISTINGS KAKAAKO NEW CONDO LISTINGS KAPIOLANI NEW CONDO LISTINGS - No...
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January 13th, 2010 categories: For Buyers, Mortgages & Financing Yesterday, an anonymous source at one of the Hawaii’s major lenders told me that within the next few weeks they would have conventional financing with a minimum down payment requirement of 5% of the purchase price.  Since the mortgage market melt down the minimum conventional loan down payment was extended from zero (this was crazy) to 10% down.  An even bigger issue has been the tightening of lending guidelines. CLICK HERE TO READ THE ENTIRE POST.
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By Keahi Pelayo
(KU Realty)
January 12th, 2010 categories: For Buyers, Homes For Sale Here are three house listings that came on the market over night.  Feel free to call me at 808-398-3220 to discuss any of them, I can represent you as they are listed with other real estate firms. Honolulu Homes Aiea Heights 3 bedroom 2-bathroom on a 10,000 square foot lot. $675,000. CLICK HERE FOR FACT SHEET. CLICK HERE TO READ THE ENTIRE POST.
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By Keahi Pelayo
(KU Realty)
January 11th, 2010 categories: For Buyers, Homes For Sale Here are four house listings that came on the market over the weekend.  Feel free to call me at 808-398-3220 to discuss any of them, I can represent you as they are listed with other real estate firms. Honolulu Homes Kamehameha Heights/Kam Heights 3 bedroom 2-bathroom 1,452 square interior square feet.  Recently remodeled.  5,000 square foot lot.  $565,000. CLICK HERE FOR FACT SHEET. CLICK HERE TO READ THE ENTIRE POST.
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By Caroline Huising
(Huising)
Price: $1,099,000 FIZBER.com ID 13642198 Condo/Townhome/Co-op with 3 bed, 2.5 bath, in 117C Maunalua Ave Unit 7 Honolulu, HI, 96821 http://www.fizber.com/13642198/ 117C Maunalua Ave Unit 7 - For Sale By Owner Property Details: Type: Condo/Townhome/Co-op Address: 117C Maunalua Ave Unit 7, Honolulu, HI, 96821 Sq footage: 1953.0 Floors: n/a Bathrooms: 2.5 Bedrooms: 3 Year built: 1980 View full property details and seller's contacts. View more Hawaii homes for sale. Homes for Sale by Owner. Description: Remodeled in 2005. Oceanfront 3 bdrm/2.5 bath tri-level town home in exclusive Napua Point. Enjoy spectacular ocean and Koko Head views from a highly upgraded unit. S/S appliances; granite c/tops; quartzite flooring; walk in closet system; custom kitchen; built in dining and seating; securi...
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January 8th, 2010 categories: Condos For Sale, For Buyers, Homes For Sale, Neighborhoods Here are 6 more listings that have recently come on the market.  Feel free to call me at 808-398-3220 to discuss any of them, I can represent you as they are listed with other real estate firms. Honolulu Homes Kahala/Puupanini area.  Rare 3-year new 5 bedroom 3-bathroom home.  2,210 square feet interior.  Very nice neighborhood.  $1,245,000. CLICK HERE FOR FACT SHEET. CLICK HERE TO READ THE ENTIRE POST.
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By Barbara Abe
(East Oahu Realty)
O'ahu's housing market has recorded its second consecutive full-year decline in the median sale price of previously owned single-family homes.  The median price - a point at which half the sales were higher and half lower - ended the year down 7.9 percent at $575,000, according to the Honolulu Board of Realtors. A year earlier, the median had slipped 3 percent to $624,000 from the 2007 peak of $643,500. Transactions were down 5.7 percent to 2,585 last year, from 2,741 a year earlier, though sales activity has been on an upswing since September. Last month, the median sales price for single-family homes was $550,000, down 12.2 percent from $626,500 in December 2008. The number of sales was up 37 percent, to 265 from 194. A University of Hawai'i Economic Research Organization forecast pub...
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January 6th, 2010 categories: Condos For Sale, For Buyers, Homes For Sale, Neighborhoods Here 6 listings that have come on the market in the last 24 hours.  As of 6:00 this morning, 22 homes and 17 apartments had been listed for sale. Honolulu Homes Moanalua Valley 4 bedroom 2 bathroom.  Central to Honolululu, Aiea and Pearl City.  Well priced at $650,000. CLICK HERE FOR FACT SHEET. CLICK HERE TO READ THE ENTIRE POST.
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By Douglas Fischer
(East Oahu Realty - Selling Honolulu, Hawaii Condos)
Listing Alerts - Honolulu Condos Aloha! Please view the links below for this week's Listing Alerts. Don't miss the HOT LINKS at the bottom of this newsletter for such distressed property listings as: Lender Owned Property Listings Foreclosure Property Listings Short Sale Property Listings Also, please feel free to visit our website, one of the most complete Honolulu Condominium Directories available online at www.HNLCondos.com. NEW CONDO LISTINGS These condo listings are new listings that have come on the market for sale, since last week's newsletter. MLS Search page on our Website or set up your own Listing Manager Account. ALA MOANA NEW CONDO LISTINGS DIAMOND HEAD NEW CONDO LISTINGS - No New Listings This Week DOWNTOWN/CHINATO WN NEW CONDO LISTINGS KAKAAKO NEW CONDO LISTINGS KA PIOLAN...
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January 5th, 2010 categories: Condos For Sale, For Buyers, Homes For Sale Here 5 listings that have come on the market in the last 24 hours.  If you like income property be sure to look at the 18 unit building. Honolulu Home This home was list for sale in 2009.  Remodel the 4 bedroom 2-bath house or tear it down and start over.  $830,000. CLICK HERE FOR FACT SHEET. CLICK HERE TO READ THE ENTIRE POST.
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By Barbara Abe
(East Oahu Realty)
2009 was a very positive year for the Hawaii Kai home market.  Not only did December show increased sales over last year, both in single family homes and condos, but the year-end totals were also above those in 2008. Single Family Homes 18 homes sold in Hawaii Kai in December, compared to 13 last year.  Median sales price was $784,500, vs. $885,000 in 2008. For the year, 182 homes sold, compared to 161 last year.  Median sales price was $795,000 vs. $850,000 in 2008. A very encouraging sign for the market is that Inventory has decreased to 64 active listings, down from 137 last year, 53.3%.  Condos 20 condos closed in December, compared to 13 last year.  Median sales price was $458,250 compared to $480,000 in 2008.For the year, 186 condos sold vs. 195 last year.  Median sales price was ...
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January 4th, 2010 categories: For Buyers, For Sellers, The Market I haven’t seen anything posted by the Honolulu Advertiser or Honolulu Star Bulletin regarding the recently released December (12/31/2009) Honolulu Board of Realtors statistical report. Below is a summary of the salient statistics. CLICK HERE TO READ THE ENTIRE POST
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By Barbara Abe
(East Oahu Realty)
Thanks to an article in Realtor.org, about replacing those old appliances in your home with energy-efficient ones, and getting government rebates, I learned of DSIREUSA, the web site listing State Incentives for Renewables and Efficiency.  Find Hawaii Residential Incentives with this link. Examples of energy efficiency programs in Hawaii are Honolulu Real Property Tax Exemption for Alternative Energy Improvements Personal Tax Credit for Solar and Wind Energy Loan Program for Solar Water Heat Solar Water Rebate Program Energy Star Appliance Rebate Program There are more, so be sure and look at the site to save on your 2010 taxes.  Make a New Year's Resolution to help your Hawaii Kai home become Greener and save you money at the same time.
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By Keahi Pelayo
(KU Realty)
December 30th, 2009 categories: Rants & Riffs I love the simplicity of this vintage home.  It needs some paint, but it’s a classic.  Again, this one is located in Manoa which seems to the location of many of these houses. CLICK HERE TO SEE THE ENTIRE POST.
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By Douglas Fischer
(East Oahu Realty - Selling Honolulu, Hawaii Condos)
Listing Alerts - Honolulu Condos Aloha! Please view the links below for this week's Listing Alerts. Don't miss the HOT LINKS at the bottom of this newsletter for such distressed property listings as: Lender Owned Property Listings Foreclosure Property Listings Short Sale Property Listings Also, please feel free to visit our website, one of the most complete Honolulu Condominium Directories available online at www.HNLCondos.com. NEW CONDO LISTINGS These condo listings are new listings that have come on the market for sale, since last week's newsletter. ALA MOANA NEW CONDO LISTINGS - No New Listings This Week DIAMOND HEAD NEW CONDO LISTINGS DOWNTOWN/CHINATOWN NEW CONDO LISTINGS KAKAAKO NEW CONDO LISTINGS KAPIOLANI NEW CONDO LISTINGS MAKIKI NEW CONDO LISTINGS WAIKIKI NEW CONDO LISTINGS To ...
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By Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
(Liberty Homes)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Celeste "Sally" Cheeseman is a Realtor-Associate with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client's needs, she serves the island of Oahu (Honolulu County) and all Hawaii Military Relocating to Hawaii, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents. Website: www.hawaiihomesmarket.com Supporting Hawaii Local Businesses!
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December 28th, 2009 categories: Condos For Sale, For Buyers, Homes For Sale Here is my daily list of the most interesting Honolulu homes and condos to have been put on the market for sale in the last few days. Check them out. Honolulu Homes Classic Manoa home with views! 5 bedrooms 4 bathrooms 4,245 square feet of living area.  Extra large lot.  Price $1,398,000.  CLICK HERE FOR FACT SHEET. CLICK HERE TO READ THE ENTIRE BLOG.
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By Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
(Liberty Homes)
We boarded the Star of Honolulu for the  Honolulu Sunset Dinner Cruise and we were on our way out into the open sea by 5:30pm yesterday evening. We started with a beautiful romaine salad and a tiny loaf of taro bread...and then out I went to the deck to snap some shots. With a sun setting over open seas with a view ‘to die for' of Diamond Head and Waikiki and a lovely dinner with entertainment like hula, Tahitian and other dances with a wonderful dinner  it has surely been another memorable time for Gary and I. We had gone on this same cruise 8 years ago...the day after we got married. Both of these thoughtful gifts were from my daughter.  One thing is for certain...no matter what the occasion this cruise is a romantic one indeed. Enjoy the pictures and the video too...it will surely in...
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The 13th Annual Festival of Lights Boat Parade was held last Saturday in the Hawaii Kai Marina.  Thousands came from all over Oahu to watch because the Hawaii Kai Marina is unique - as the heart of a residential area - and the only marina on the island with a boat parade. 42 boats entered, a record, and competed for cash prizes donated by Hawaii Kai merchants and businesses.  Music was provided by the trio, Maunalua, and a hula danced by Ka Hale I o Kahala Halau Hula.  The Festival of Lights Boat Parade was sponsored by the Hawaii Kai Marina Community Association and co-sponsored by Koko Marina Shopping Center and Hale Alii in Hawaii Kai.  Photos will be posted soon on the Hawaii Kai Marina site.  The above is courtesy of Examiner.com.  This was John Gravener's 17-foot Maxum with the "M...
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By Barbara Abe
(East Oahu Realty)
The Honolulu Marathon was held last Sunday, and for the second straight year, Patrick Ivuti took commanding charge of the race.  Ivuti, 31, successfully defended his men's title in the 26.2-mile event with a time of 2 hours, 12 minutes and 14 seconds, nearly a minute in front of countryman Nicholas Chelimo, who finished in 2:13:10. William Chebon followed in third place (2:14:59) and six-time winner Jimmy Muindi finished fourth (2:17:17), as the Kenyan contingent took the top five places. After setting a blistering early pace and running off the race "rabbits" and his main rivals, Ivuti faltered a bit in the final 8 miles but still managed to record the sixth-fastest time in race history.  With the race-time temperature at a cool 68 degrees and trades barely blowing, the elite Kenyan co...
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