Honolulu, HI Real Estate News

By Randy L. Prothero, Hawaii REALTOR, (808) 384-5645
(eXp Realty)
Salt Lake Area (tax map key 111, includes Moanalua, Aliamanu, Mapunapuna and Airport Area)The below figures include both fee simple and leasehold properties.  These are only the totals and average sale prices.Single Family homes sales have softened. Average sales price of single family homes have continued to climb, while sales volume is down from last year.  Inventory levels are fairly low, so prices may hold strong in Salt Lake for the near future at least.Condo and townhouse sales are another story.  Inventory continues to remain low.  Average sales prices have seen a nice jump over last year.  The Salt Lake area is still in a seller's market for condos.Current Active for Sale (as of 1/15/08):  18 Single Family Homes43 Condos/ TownhousesCurrently in Escrow (as of 1/15/08):    4 Singl...
Comments 1
By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
I finally had the chance yesterday to get down and see the Ossipoff exhibition at the Honolulu Academy of Arts.  For those of you that don't know, Vladimir Ossipoff was the most renowned architect in Hawaii in the 20th Century.  He was born in Russia, raised in Japan and schooled at UC, Berkley.  He passed away in 1998 after a career spanning six decades! The reason for the display was this year marked what would have been his 100th birthday.  I've heard so much about him over the years.  His work included both residential and commercial designs.  There are just too many too name.  Some of his noted works were the Honolulu International Airport, the IBM Building, the McInerny Building in Waikiki, the Chapel at Hawaii Preparatory Academy on the Big Island, and the Chapel at Punahou Schoo...
Comments 1
By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
First of all, I would like to say Happy New Year! I am really excited about 2008.  Every RE/MAX Realtor will be "Reaching for the Sky", some literally and some figuratively.  Dave Liniger, the founder of RE/MAX predicts this year will be real similar to 2007 on the national level.  However, locally Oahu still seems to defy national housing statistics.  We are one of a few select markets including San Francisco and New York where prices have held strong over the past year.  The reason: Demand still outstrips Supply.  There is only so much land in all 3 markets mentioned.  The tough thing about moving to Hawaii from some of the slower markets on the mainland is that those markets are slower.... I now have 4-5 clients that are "ready and able" to purchase here "as soon as they sell" anothe...
Comments 1
By Randy L. Prothero, Hawaii REALTOR, (808) 384-5645
(eXp Realty)
                              We have been talking about this gathering ever since we learned the CRS Sell-a-bration was coming to Hawaii.  WooHoo Sally (Celeste Cheeseman) has reserved the location so it is on!We will be gathering at the Gordon Biersch micro brewery.  For those of you who know Sally and I you may see the humor.  Neither of us drink, making us good designated drivers.Monday January 28, 2008 7:00pm until they throw us out 1 Aloha Tower Drive Suite 1123Honolulu, HI 96813phone: 808-599-4877We chose Gordon Biersch for a couple of reasons.                                               They are easy to find from Waikiki and the Hilton were the CRS convention is going on.It has a large enough area to support us and they have similar gatherings regularly thereThey have great fo...
Comments 34
By Randy L. Prothero, Hawaii REALTOR, (808) 384-5645
(eXp Realty)
Salt Lake Area (tax map key 111, includes Moanalua, Aliamanu, Mapunapuna and Airport Area)The below figures include both fee simple and leasehold properties.  These are only the totals and average sale prices.Single Family homes sales have softened. Average sales price of single family homes have continued to climb, while a little off in November the low sales volume makes it impossible to draw any conclusions.  Sales volume is down from last year.  Inventory levels are beginning to come down.Condo and townhouse sales are another story.  Inventory continues to remain low.  Average sales prices have seen a nice jump over last year.  The Salt Lake area is still in a seller's market for condos.Current Active for Sale (as of 12/22/07):  20 Single Family Homes35 Condos/ TownhousesCurrently i...
Comments 0
By Bob Farrell, RA, MS, RSPS, TRC, RECS
(ERA Signature Homes)
Comments 1
By Barbara Abe
(East Oahu Realty)
Numbers are down only slightly for sales and active listings in Hawaii Kai for the past month. The market continues strong, as buyers place a good value on homes in the east part of Oahu. 120 sales took place in the last 6 months for single family: 37 under $799,999, 40 between $800,000 - $999,999, 18 between $1,000,000 - $1,199,999, 21 between $1,200,000 - $1,999,999, 4 over $2,000,000 - the highest sale was $15,900,000. There are 119 active listings as of 12.14, and 19 under contract. For condos, 124 sales occurred in the last 6 months, ranging from $300,000 for a leasehold unit to $1,400,000 for a 3 bedroom home in Kalele Kai. There are 78 active condo listings, and 22 under contract. Call or email me for questions and a complete market analysis of Hawaii Kai real estate. www.movetoh...
Comments 1
By Celeste "SALLY" Cheeseman, (RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
(Liberty Homes)
The following Guides for Oahu, Hawaii should prove helpful for activities, scenic areas, dining and points of interest for the visitor. This three (maybe ...four) part series Hawaii is known worldwide as one of the most scenic places on the face of the earth. From flower blooms to ocean views to beautiful blue skies you can expect to see and preserve these memories with unreal photographs as well as gaining a sense of peace within from our rich Hawaiian history.    In Part 1 I'll take you through the Historic side of Oahu, Hawaii to gain some insight into Hawaii's Rich History. So many come to our islands and miss out on the important things that will be remembered for years to come. The RICH HISTORY. The shows, entertainment and other stuff can follow but please be sure to do the Histo...
Comments 43
By Randy L. Prothero, Hawaii REALTOR, (808) 384-5645
(eXp Realty)
Salt Lake Area (tax map key 111, includes Moanalua, Aliamanu, Mapunapuna and Airport Area)The below figures include both fee simple and leasehold properties.  These are only the totals and average sale prices.Single Family homes sales have softened. Average sales price of single family homes have continued to climb again.  Sales volume is down from last year.  Inventory levels are still hovering at about 6 months.Condo and townhouse sales are another story.  Inventory is low with just a little more than 2 months worth.  Average sales prices have seen a nice jump over last year.  The Salt Lake area is still in a seller's market for condos.Current Active for Sale (as of 11/29/07):  20 Single Family Homes49 Condos/ TownhousesCurrently in Escrow (as of 11/29/07):    6 Single Family Homes17 ...
Comments 0
By Barbara Abe
(East Oahu Realty)
The market in Hawaii Kai continues to be strong and the median home price on Oahu rose again in October to $655,000, although the median price for condos fell slightly to $322,500. As of November 23, in the last six months, 116 single family homes sold in Hawaii Kai, from $590,000 to $15,900,000. Here is the breakdown by price: 36 under $799,999 39 between $800,000 - $999,999 13 between $1,000,000 - $1,199,999 23 between $1,200,000 - $1,999,999 5 over $2,000,000 Condo sales also kept pace with the good market. 138 condos sold in the last six months, ranging from a leasehold unit in Village Green at $300,000 to a 3 bedroom in Kalele Kai for $1,400,000. If you aren't familiar with the beauty and amenities of Hawaii Kai, visit my web site at www.movetohawaiikai.com which will give you deta...
Comments 0
By Jeffery Griffin, Broker Owner
(Jeff Griffin LLC )
Hawaiian Electric Co. is making available, free of charge to any interested wind energy developer, data collected about wind conditions and bird activities in the Kahuku area of Oahu's North Shore."While it is unusual for a package of valuable data to be offered for free, we want to do all we can to help encourage more renewable energy in Hawaii," says Karl Stahlkopf, Hawaiian Electric's senior vice president of energy solutions and chief technology officer. "This is especially important on Oahu, where we have the most customers but lack availability of some of the renewable resources found on the Neighbor Islands - such as geothermal and run-of-the-river hydro. Hawaiian Electric has diligently pursued wind resource assessment on Oahu, and we want to share the data."The initial package ...
Comments 0
By Barbara Abe
(East Oahu Realty)
The Honolulu Advertiser released the news Nov. 8 that the city has begun work on the Hawaii Kai Dog Park, at the corner of Keahole Street and Kalaniana'ole Highway. They are clearing the boundaries and will start putting up fence posts by mid-November. The non-profit group Hui'ilio Hawai'i has been working on the project and raising funds for three years. They formed a private-public partnership with the city of Honolulu, which requires the city to clear the land, install irrigation and fencing. The non-profit will provide the fence material, benches, and some landscaping. While the grass will take a few months to grow in strong enough to withstand all those pounding paws, dogs and Hawaii Kai residents alike hope for an opening in the Spring. To contribute to the dog park through the n...
Comments 2
By Karel Kon, PB,R
(Hi Success Estates LLC)
Waikiki is located in Hawaii,Island of Oahu and is part of Honolulu.Waikiki means "Spouting Water" in Hawaiian language.Waikiki is a beautiful,fascinating,cosmopolitan island-within-an-island,home of the world's famous Waikiki Beach.Waikiki can be celebrated from sunrise until sunset and through warm tropical nights.Dawn is one of my favorite times.You may see the Dawn Patrol of surfers rushing to the Pacific Ocean to catch that special wave with their names.Visitors and locals meet at the McDonald's across Pacific Beach Hotel ordering the coffee while sharing yesterday's gossip and adventures.While you relax in the shade of the beach pavilion,you can observe a lot of characters. Chess and bridge players,swimmers,surfers,beach goers,folks from the Minnesota soaking up the sun and eating...
Comments 0
By Barbara Abe
(East Oahu Realty)
The market in Hawaii Kai, on the east end of Oahu, continues strong. As of Nov. 2, 116 single family homes were available, 24 under contract, and 126 sold in the last six months. The sales range from $590,000 to $15,900,000. More homes are listed between $1,200,000-$1,999,999 than at other prices, 42 as of today, but numbers of sales in that range trailed the less expensive homes, those under $1,000,000. For condos, there are 83 active listings, from $389,000 to $1,248,000, 23 under contract, and 150 sold in the last six months. The sales range from $300,000 to $1,400,000. There is a wide variety of price ranges, but also of style, age, size, and location. Waterfront brings the highest price, water view next, and no view the least. But in Hawaii Kai, you are only 5 minutes from the wate...
Comments 0
By Randy L. Prothero, Hawaii REALTOR, (808) 384-5645
(eXp Realty)
Two evenings ago (Halloween evening), I was in Honolulu and trapped in traffic.  Where did all these people come from?  I felt like I was in Manhattan or downtown Chicago during rush hour.  Intersections were grid locked.  It took me 2 hours to go a reasonably short distance.                    I had appointments in town and then was going to catch a quick dinner with a good friend to avoid the rush hour traffic home.When I finally met up with my friend for dinner he suggested we try to go to Waikiki and watch the Halloween crazies.  So after fighting our way in and finding the one in a million parking stall, we decided to go to the front of the International Market Place.                  For the next couple of hours we saw a sea of people.  I had heard that Halloween was a big deal in...
Comments 2
By Barbara Abe
(East Oahu Realty)
I've discovered some great live web cams available online for our island. Visit http://www.honolulu.gov/cameras/index.htm. You can watch the tourists in Waikiki in two different locations, accompanied by music, traffic congestion hot spots, Honolulu traffic cameras, and live webcasts of the Honolulu City and County Council meetings. If you get tired of snow and cold this winter, try http://www.honolulu.gov/multimed/waikiki.asp, watch the waves break and dream of white sand beaches in Hawaiian Paradise. Should these webcams make you dream of owning a hideaway in Waikiki, or anywhere on Oahu, give me a call or email. I'll help you find your special home in the Islands. Enjoy! Barbara Abe, REALTOR barbara@barbarashawaii.com 800-999-6090
Comments 2
By Yvonne Jaramillo Ahearn, Esq. (B), REALTOR-Broker, CRS, GRI, ABR CLHMS
(Hawaii Life Real Estate Brokers)
530 Portlock Road in the Hawaii Kai region of Honolulu At $15,900,000, this property is the most expensive sold (so far) in 2007, topping the $11 million dollar beachfront lot on Kailuana Place, which was sold earlier this year in Kailua. This custom-built (in 2005) beachfront property has 4BR and 5BA, a roofed living space of over 10,000 square feet, lanais of over 2,000 square feet, and is situated on almost two acres of private, beautifully landcaped grounds. With too many gorgeous custom features to mention, including amazing views of Diamondhead, this is a truly spectacular property. Listed by MWA-SIR. If you are interested in buying another unique custom home in Hawaii, please contact Yvonne Jaramillo Ahearn at 808-721-8088. ~ Aloha
Comments 3
Market Update for Hawaii Kai as of Sept. 21, 2007:      Single Family Homes Active Listings: total 123 Under $1,000,000 - 37 $1,000,000-$1,200,000 - 12 1,200,000-$2,000,000 - 48 $2,000,000-$17,888,888 - 26 Listings Under Contract: total 23 Under $1,000,000 - 13 $1,000,000-$3,575,000 - 10 Sold in the last 6 months: total 130 Under $1,000,000 - 86 $1,000,000-$1,200,000 - 15 $1,200,000-$2,000,000 - 23 $2,000,000-$4,500,000 - 6 Condos Active Listings: total 83 From $365,000 to $1,288,000 Listings Under Contract: total 34 From $320,000 to $1,580,000 Sold in the last 6 months: total 152 From $300,000 to $1,150,000Contact me for information on any property on Oahu.  I specialize in the neighborhoods in Hawaii Kai.  Barbara
Comments 1
By Yvonne Jaramillo Ahearn, Esq. (B), REALTOR-Broker, CRS, GRI, ABR CLHMS
(Hawaii Life Real Estate Brokers)
Data current September 2007Na Pali Haweo is an East Hawaii-Kai neighborhood of custom homes, built after 1991, winding uphill from Maunanani St on the higher part of Kamehame Dr and its offshoot streets (above the Kamehame Ridge neighborhood). Na Pali Haweo is located Northeast of the Kokohead Crater and many homes have spectacular ocean and crater views. Lot size usually runs between 10K-14K sq ft, with some much larger exceptions. Most homes are between 2K-4K sq ft, again with some larger exceptions. Prices start around $1.3M and most go up to about $2.5M.(c) 2007, Yvonne Jaramillo Ahearn. All rights reserved.Kailua Real Estate. Buy or sell real estate on Oahu. http://www.yvonneahearn.com/
Comments 0
By Yvonne Jaramillo Ahearn, Esq. (B), REALTOR-Broker, CRS, GRI, ABR CLHMS
(Hawaii Life Real Estate Brokers)
Data Current September 2007Portlock is one of the most beautiful and expensive neighborhoods on the island! Beachfront homes in Portlock are favored for their lack of CCRs and spectacular sunset views of Diamondhead. The Portlock area encompasses both the odd and even sides of Portlock Road and a small part of the Kalanianaole Hwy, past Keahole St, just SE of where the Kaupa Pond meets the ocean (in the 6000-7000 blocks of the Hwy). In Portlock, there are many gorgeous, newly constructed large-sized (4k+sq ft) island-style homes, usually on lots 11,000-20,000 sq ft, and some older (late 40's early 50's) Kama'anina homes, with square footage in the mid-2000s, as well. Prices on Portlock Road range from about $1.9M to $18M, with most of the homes in the $2.5-$6M range. (c) 2007, Yvonne Ma...
Comments 0