Honolulu, HI Real Estate News

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  Lender Term/Type Interest Rate % Points % *APR Aloha Pacific Federal Credit Union531-3711NMLS#377314 15-YR Fixed 2.250 1.625 2.625 30-YR Fixed 3.250 1.250 3.434 5-YR ARM 2.500 0.500 2.615 Acclaim Capital Mortgage383-5931NMLS#304090 15-YR Fixed 2.318 0.000 2.376 30-YR Fixed 3.125 0.005 3.165 5-YR ARM       American Savings Bank, F.S.B593-1226NMLS#423168 15-YR Fixed 2.125 1.750 2.458 30-YR Fixed 2.875 2.250 3.104 5-YR ARM       Bank of Hawaii877-616-2636NMLS# 15-YR Fixed 2.250 1.250 2.427 30-YR Fixed 2.875 1.750 3.013 5-YR ARM 2.250 0.500 2.619 Central Pacific Bank544-0500NMLS#416603 15-YR Fixed 2.250 2.125 2...
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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, February 2021  Single Family Homes February Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 13 / 13  0% 24 / 24  0% Closed Sales 9 / 1  800% 17 / 6  183% Median Sales Price $825,000 / $875,000 -6%  $1.135M / $927,500 22%  Percent of Original  List Price Received 90.1% / 94.6%  -5% 97.1% / 92.8%  5% Median Days on  Market Until Sale 35 / 91  -62% 35 / 79  -56% Inventory of Homes for Sale 37 / 38  -3% ---    Condos February Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 49 / 48  2% 113 / 111  2% Closed Sales 43 / 30  43% 68 / 58 17% Median Sales Price $685,000 / $552,500  24% $610,000 / $552,000  10% Percent of Original  List Price Received 98.7% / 95.1%  4% 98.2% / 96.3%  2% Median Days on  Market Unti...
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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 February 2021   Single Family Homes February Year to Date 2021 / 2020 Change 2021 / 2020 Change New Listings 18 / 26 -31% 38 / 51 -25% Closed Sales 20 /  181 11% 41 /  25  64% Median Sales Price $1.3665M/$955,000 43% $1.11M/$935,000 19% Percent of Original List Price Received 98.9% / 90.9% 9% 99.6% / 93.8% 6% Median Days on Market Until Sale 21 / 79 -73% 18 / 49 -63% Inventory of Homes for Sale 77 / 100 -23% --- Condos February Year to Date 2021 / 2020 Change 2021 / 2020 Change New Listings 12 / 14 -14% 24 / 20 20% Closed Sales 11 / 4 175% 20 / 8 150% Median Sales Price $707,000/$588,500 20% $605,000/$574,500 5% Percent of Original List Price Received 97.1% / 97.6% -1% 96.2% / 99.0% -3% Median Days on Market Until Sale 7 / 86 -92% 23 / 24 -4...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Local Market Update - Makiki and Moili‘ili Honolulu, February 2021  Single  Family Homes February Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 19 / 16  19% 30 / 39  -23% Closed Sales 13 / 9  44% 24 / 20  20% Median Sales Price  $1.725M / $985,000  75% $1.4M / $1.125M  24% Percent of Original  List Price Received 98.6% / 94.1%  5% 99.3% / 94.0%  6% Median Days on Market Until Sale 14 / 58  -76% 13 / 50  -74% Inventory of Homes for Sale 53 / 61  -13% ---    Condos February Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 61 / 65  -6% 132 / 151  -13% Closed Sales 47 / 32  47% 79 / 67  18% Median Sales Price $375,000 / $328,000  14% $385,000 / $352,254  9% Percent of Original List Price Received 97.2% / 96.3%  1% 96.9% / 96.7%  0% Median Days on Market Unt...
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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 and Kaka‘ako Honolulu - February 2021   Single   Family Homes February Year to Date 2020 / 2021 Change  2020 / 2021 Change New Listings 1 / 2  -50% 8 / 4  100% Closed Sales 1 / 1   0% 1 / 2  -50% Median Sales Price $1.11M / $740,000 50% $1.11M / $845,000 31%  Percent of Original List Price Received 100.9% / 92.7%  9% 100.9% / 93.9%  7% Median Days on Market Until Sale 3 / 17  -82% 13 / 15  -80% Inventory of Homes for Sale 8 / 2  300% ---        Condos   February Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 67  /  77  -13% 134  /  167  -20% Closed Sales 38 / 26  46% 66 / 69  -4% Median Sales Price $440,000 / $532,000 -17% $530,000 / $659,500 -20% Percent of Original List Price Received 95.1% / 95.9%  -1% 95.3% / 95.6%  0% Median Days o...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Local Market Update - The Waikiki Neighborhood of Honolulu - February 2021  Single Family Homes February Year to Date 2021 / 2020 Change 2021 / 2020 Change New Listings 0 / 1  -100% 0 / 1  -100% Closed Sales 0 / 0  0% 1 / 0  0% Median Sales Price $0.0 / $0.0  0% $1.290M / $0.0  0% Percent of Original List Price Received 0.0% / 0.0% 95.6% / 0.0%  0% Median Days on Market Until Sale 0 / 0  0% 8 / 0  0% Inventory of Homes for Sale 1 / 2  -50% ---      Condos February Year to Date 2021 / 2020 Change 2021 / 2020 Change New Listings 162 / 155  5% 314 / 289  9% Closed Sales 61 / 71  -14% 121 / 135  -10% Median Sales Price $380,000 / $375,000  1% $380,000 / $389,500  -2% Percent of Original List Price Received 95.8% / 94.7%  1% 95.5% / 95.0%  1% Median Days on Market Until Sale 55 / 46  20% 54...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 SHOUT! The Mod Musical  Friday, March 12, 20217:30 pm - 9:00 pm  Shout! The Mod Musical (last seen at DHT in 2010) flips through the years like a musical magazine, taking you back to the music, the clothes, and the freedom of the 1960s. The show tracks five girls from England as they come of age. It's upbeat, it's fast, it's funny and everything is front and center, from the dances to the music to the hair! All set to the irresistible tunes of the times, ex., "To Sir With Love," "Downtown," "You Don't Have to Say You Love Me," "Alfie," "Georgy Girl" and "Windy."  Additional DatesSaturday, March 13, 2021 7:30 pm - 9:00 pmSunday, March 14, 2021 7:30 pm - 9:00 pmThursday, March 18, 2021 7:30 pm - 9:00 pmFriday, March 19, 2021 7:30 pm - 9:00 pm  One Act. No Intermission.Temperatures checke...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  O‘ahu Real Estate Market Continues a Record-Setting Year Single-family homes reach a new median sales price high of $917,500 while condo market activity heats up   HONOLULU – According to resales figures released this week by the Honolulu Board of REALTORS®, the O‘ahu housing market continues a record-setting year as single-family homes reached a median sales price high of $917,500, a nearly 20% year-over-year increase and a 3.9% jump above last month’s record of $883,000. Single-family home sales saw a 5.3% increase and condominium sales soared 41.1% over last year.   Using data collected from its computerized Multiple Listing Service (MLS) system, the Board reported the following statistics:     Single-Family Home Resales   Number of Sales Median Sales Price February 2021   260 $91...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 First TV broadcast of the Honolulu Festival airing on March 13th on K5. Although events like this have been cancelled due to the Pandemic, hopefully, we will see them again in the not so distant future. Honolulu Festival’s main theme, “Pacific Harmony,” reflects the vision to introduce the diverse cultures of the Pacific region to the people of Hawaii and visitors from around the world. The hope is to cultivate the friendship among the people of the Pacific, and play a role in contributing to world peace.  For Expert Sales and Pet Friendly Property Management in Honolulu, HawaiiCONTACT HI Pro Realty TODAY!   
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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  Lender Term/Type Interest Rate % Points % *APR Aloha Pacific Federal Credit Union531-3711NMLS#377314 15-YR Fixed 2.500 0.875 2.769 30-YR Fixed 3.000 1.500 3.201 5-YR ARM 2.500 0.500 2.615 American Savings Bank, F.S.B593-1226NMLS#423168 15-YR Fixed 2.000 1.875 2.348 30-YR Fixed 2.750 1.875 2.946 5-YR ARM       Bank of Hawaii877-616-2636NMLS# 15-YR Fixed 2.250 0.875 2.374 30-YR Fixed 2.750 1.750 2.887 5-YR ARM 2.250 0.625 2.629 Central Pacific Bank544-0500NMLS#416603 15-YR Fixed 2.125 1.875 2.554 30-YR Fixed 2.875 1.750 3.107 5-YR ARM 2.750 0.000 3.034 Finance Factors, Ltd.548-3300NMLS#449916 15-YR Fixed 2.00...
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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, January 2021  Single  Family Homes  January Year to Date 2020 / 2021 Change  2020 / 2021 Change         New Listings 11 / 11  0% 11 / 11  0% Closed Sales 5 / 8  60% 5 / 8  60% Median Sales Price  $980,000 / $1.1795M  20%  $980,000 / $1.1795M  20%  Percent of Original  List Price Received 91.7% / 98.6%  8% 91.7% / 98.6%  8% Median Days on Market Until Sale 66 / 14  -79% 66 / 14  -79% Inventory of Homes for Sale 27 / 36  33% ---    Condos January Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 63 / 64  2% 63 / 64  2% Closed Sales 28 / 25  -11% 28 / 25  -11% Median Sales Price $532,000 / $575,000  8% $532,000 / $575,000  8% Percent of Original List Price Received 97.1% / 97.5%  0% 97.1% / 97.5%  0% Median Days on Market ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 50%OFF exclusive 2021 Pets in Paradise calendar! Featuring the photogenic pets who entered the annual Humane Society calendar contest. Mahalo nui to everyone who entered and supported this fundraiser which raised more than $45,000 for Oahu animals in need! https://hawaiian-humane.myshopify.com  For Pet Friendly Property Management in Honolulu, HawaiiContact HI Pro Realty Today!
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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 January 2021   Single Family Homes January Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 25 / 20  -20% 25 / 20  -20% Closed Sales 7 /  21 200% 7 /  21 200% Median Sales Price $900,000 / $1.020M  13% $900,000 / $1.020M  13% Percent of Original List Price Received 97.5% / 100.0%  3% 97.5% / 100.0%  3% Median Days on Market Until Sale 18 / 16  -11% 18 / 16  -11% Inventory of Homes for Sale 89 / 86  -3% --- Condos January Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 6 / 12  100% 6 / 12  100% Closed Sales 4 / 9  125% 4 / 9  125% Median Sales Price $574,500 / $580,000  1% $574,500 / $580,000  1% Percent of Original List Price Received 100.0% / 94.8%  -5% 100.0% / 94.8%  -5% Median Days on Market Until Sale 6 / ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Local Market Update - Makiki and Moili‘ili Honolulu, January 2021  Single  Family Homes  January Year to Date 2020 / 2021 Change  2020 / 2021 Change         New Listings 23 / 11  -52% 23 / 11  -52% Closed Sales 11 / 11  0% 11 / 11  0% Median Sales Price  $1.15M / $1.19M  3%  $1.15M / $1.19M  3% Percent of Original  List Price Received 91.1% / 100.0%  10% 91.1% / 100.0%  10% Median Days on Market Until Sale 48 / 11  -77% 48 / 11  -77% Inventory of Homes for Sale 57 / 49  -14% ---    Condos January Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 86 / 71  -17% 86 / 71  -17% Closed Sales 35 / 32  -9% 35 / 32  -9% Median Sales Price $365,000 / $390,000  7% $365,000 / $390,000  7% Percent of Original List Price Received 96.7% / 96.3%  0% 96.7% / 96.3%  0% Median Days on Marke...
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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 and Kaka‘ako Honolulu - January 2021   Single   Family Homes January Year to Date 2020 / 2021 Change           2020 / 2021 Change New Listings 2 / 7  250% 2 / 7  250% Closed Sales 1 / 0   -100% 1 / 0   -100% Median Sales Price $950,000 / $0.0 0% $950,000/ $0.0  0%  Percent of Original List Price Received 95.1% / 0.0%  0% 95.1% / 0.0%  0% Median Days on Market Until Sale 0 / 0  0% 13 / 0  0% Inventory of Homes for Sale 3 / 10  233% ---        Condos   December Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 90  /  67  -26% 90  /  67  -26%   Closed Sales 43 / 28  -35% 43 / 28  -35% Median Sales Price $670,000 / $677,500 1%    $670,000 / $677,500 1%   Percent of Original List Price Received 95.5% / 95.4%  0%    95.5% / 95.4%  0%   Median Da...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Local Market Update - The Waikiki Neighborhood of Honolulu - January 2021  Single Family Homes January Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 0 / 0  0% 0 / 0  0% Closed Sales 0 / 0  0% 0 / 0  0% Median Sales Price $0.0  / $0.0  0% $0.0 / $0.0  0% Percent of Original List Price Received 0.0% / 0.0% 0.0% / 0.0%  0% Median Days on Market Until Sale 0 / 0  0% 0 / 0  0% Inventory of Homes for Sale 3 / 1  -67% ---     Condos January Year to Date 2020 / 2021 Change 2020 / 2021Change New Listings 134 / 152  13% 134 / 152  13% Closed Sales 64 / 60  -6% 64 / 60  -6% Median Sales Price $410,000 / $367,750  -10% $410,000 / $367,750  -10% Percent of Original List Price Received 96.0% / 95.4%  -1% 96.0% / 95.4%  -1% Median Days on Market Until Sale 51 / 54  6% 51 / 54  6% In...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Steep Competition Drives Positive Market Activity for O‘ahu Real Estate Sales  Single-family homes sales set a record median price of $883,000    HONOLULU – According to resales figures released this week by the Honolulu Board of REALTORS®, the O‘ahu housing market continued to gain positive momentum into the new year with closed sales of single-family homes and condos increasing 9.8% and 3.4%, respectively over last year. The median sales price for single-family homes set a new record of $883,000, marking a 14.7% increase year-over-year and 1.5% more than last month. Compared to the previous year, the condo median sales price increased 5.4% to $452,000, which is a slight decrease of 0.7% from last month.    Using data collected from its computerized Multiple Listing Service (MLS) sy...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
We go together -Like rama lama lama ka dinga da dinga dong You know the tunes...now it's time to don the saddle shoes, kick the white walls and holo holo to Ala Moana Mall for a rollicking  GREASE : SING-A-LONG a Hawaii International Film Fest PRE-SHOW Friday Feb. 12th, 2021 8:55 pm   Tickets: $30-$45 Ticket includes 1 vehicle and guests in vehicle. Honolulu's Only Drive-In Movie Experiences!  Visit alohadriveinmovies.com for more information. To purchase tickets to this film visit: https://alohadriveinmovies.simpletix.com/e/63559?aff=HomePageLink Location:Ala Moana Mall - Level 2 Makai between Neiman Marcus & Macy's 1450 Ala Moana Blvd Mall, Honolulu, Hawaii, 96814, United States Website:https://www.alohadriveinmovies.com  For Expert Real Estate Sales and Pet Friendly Property Manageme...
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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  Lender Term/Type Interest Rate % Points % *APR Aloha Pacific Federal Credit Union531-3711NMLS#377314 15-YR Fixed 2.250 0.875 2.516 30-YR Fixed 2.625 1.875 2.850 5-YR ARM 2.500 0.500 2.615 American Savings Bank, F.S.B593-1226NMLS#423168 15-YR Fixed 1.875 1.875 2.221 30-YR Fixed 2.500 1.625 2.673 5-YR ARM       Bank of Hawaii877-616-2636NMLS# 15-YR Fixed 2.250 0.250 2.285 30-YR Fixed 2.625 0.875 2.692 5-YR ARM 2.250 0.375 2.692 Central Pacific Bank544-0500NMLS#416603 15-YR Fixed 1.875 2.125 2.264 30-YR Fixed 2.500 1.750 2.686 5-YR ARM 2.375 0.000 2.906 Finance Factors, Ltd.548-3300NMLS#449916 15-YR Fixed 1.8...
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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, December 2020   Single  Family Homes December Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 7 / 6  17% 117 / 152  -23% Closed Sales 7 / 8   -13% 80 / 90   -11% Median Sales Price $1.225M / $926,900  32%  $905,000 / $917,500  -1%   Percent of Original     List Price Received 100.0% / 96.9%  3%  96.3% / 96.2%  0% Median Days on Market Until Sale 14 / 24  -42% 25 / 25 0%  Inventory of Homes for Sale 34 / 28  21% ---   Condos December Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 35 / 39  -10% 543 / 720  -25% Closed Sales 44 / 35  26% 380 / 437  -13% Median Sales Price $561,500 / $679,000  -17% $560,000 / $590,000  -5% Percent of Original List Price Received 97.8% / 97.3%  1% 97.3% / 97.6%  0% Median D...
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