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 Union 531-3711 NMLS#377314 15-YR Fixed 2.250 1.000 2.534 30-YR Fixed 2.625 1.375 2.811 5-YR ARM 2.500 0.500 2.698 American Savings Bank, F.S.B 593-1226 NMLS#423168 15-YR Fixed 2.000 1.500 2.294 30-YR Fixed 2.375 2.000 2.575 5-YR ARM       Bank of Hawaii 877-616-2636 NMLS# 15-YR Fixed 2.250 0.875 2.374 30-YR Fixed 2.750 0.250 2.769 5-YR ARM 2.250 1.125 2.749 Central Pacific Bank 544-0500 NMLS#416603 15-YR Fixed 2.000 1.500 2.302 30-YR Fixed 2.375 1.750 2.559 5-YR ARM 2.875 0.000 3.077 Finance Factors, Ltd. 548-3300 NMLS#449916 15-Y...
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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, October 2020   Single  Family Homes October Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 17 / 12  42% 100 / 137  -27% Closed Sales 4 / 7   -43% 65 / 71   -8% Median Sales Price $1.315M / $1.08M  22%  $875,000 / $915,000  -4%   Percent of Original     List Price Received 95.5% / 98.6.9%  -3% 96.0% / 95.7%  0% Median Days on Market Until Sale 109 / 18  506% 26 / 26  0% Inventory of Homes for Sale 34 / 46  -26% ---   Condos October Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 57 / 50  14% 459 / 630  -27% Closed Sales 29 / 31  -6% 298 / 369  -19% Median Sales Price $440,000 / $569,000  -23% $5560000 / $580,000  -4% Percent of Original List Price Received 98.0% / 97.2%  1% 97.0% / 97.8%  -1% 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 -Diamond Head & Kapahulu October 2020   Single Family Homes October Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 34 / 28  21% 262 / 326  -20% Closed Sales 25 /  21  19% 159 / 191  -17% Median Sales Price $999,999 / $1.03M  -3% $967,500 / $1.05M  -8%     Percent of Original List Price Received 97.9% / 97.5%  0% 97.3% / 95.1%  2% Median Days on Market Until Sale 17 / 15  13% 22 / 17  29% Inventory of Homes for Sale 101 / 120  -16% --- Condos October Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 15 / 15  0% 114 / 124  -8% Closed Sales 11 / 3  267% 57 / 73 -22% Median Sales Price $470,000/$375,000  25% $537,000/$540,000  -1% Percent of Original List Price Received 98.2% / 98.3%  0% 97.9% / 97.1%  1% Median Days on Market Until Sale 2...
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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, October 2020   Single  Family Homes  October Year to Date 2020 / 2019 Change  2020 / 2019 Change         New Listings 14 / 25  -44% 141 / 189  -25% Closed Sales 8 / 12  -33% 85 / 105  -19% Median Sales Price  $981,500 / $1.3725M  -28%  $1.225M/ $1.155M  4% Percent of Original  List Price Received 94.3% / 94.4%  0% 97.2% / 95.0%  2% Median Days on Market Until Sale 58 / 35  66% 24 / 26  -8% Inventory of Homes for Sale 54 / 70  -23% ---    Condos October Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 77 / 72  7% 655 / 747  -12% Closed Sales 59 / 51  16% 407 / 450  -10% Median Sales Price $392,000 / $375,000  5% $380,000 / $370,000  3% Percent of Original List Price Received 97.1% / 98.8%  -2% 96.8% / 97.3%  -1% Median ...
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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 - October 2020   Single   Family Homes October Year to Date 2020 / 2019 Change           2020 / 2019 Change New Listings 1 / 2  -50% 13 / 8  63%  Closed Sales 0 / 1  -100% 7 / 3  133% Median Sales Price 0 / $1.225M   0% $880,000/ $1.05M  -16%  Percent of Original List Price Received 0.0% / 98.0%  0% 95.2% / 95.5%  0% Median Days on Market Until Sale 0 / 610  0% 6  /  39  -85% Inventory of Homes for Sale 5 / 3  67% ---        Condos   October Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 48  /  64  -25% 654  / 749  -13%   Closed Sales 24 / 49  -51% 298 / 430  -31% Median Sales Price $680,000 / $725,000  -6%    $660,500 / $665,000  -1%    Percent of Original List Price Received 94.7% / 97.3%  -3%    95.7% / 95.8%  0...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Open Space Yoga is giving back some Aloha in this time of need with Free Yoga and guided Mediation online Wednesday, November 18, 2020Thursday, November 19, 2020Friday, November 20, 2020Saturday, November 21, 2020Sunday, November 22, 2020 Open Space Yoga Diamond Head StudioHonolulu, HIVirtual Event URL: https://yogaopenspace.com Price: Free Note: Virtual Event.Open Space Yoga is giving back some Aloha in this time of need. We are offering Free yoga and guided Mediation online.  Practice at home go to yogaopenspace.com and press play. Contact Infoosyhawaii@gmail.com(808) 216-6972More Infoyogaopenspace.com     For Expert Real Estate Sales & Pet Friendly Property Managementin Honolulu, Hawaii CONTACT 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 - The Waikiki Neighborhood of Honolulu - October 2020  Single Family Homes October Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 0 / 1  -100% 3 / 3  0% 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 October Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 128 / 139  -8% 1356 / 1711  -21% Closed Sales 60 / 77  -22% 538 / 837  -36% Median Sales Price $365,000 / $430,000  -15% $390,000 / $398,888  -2% Percent of Original List Price Received 93.8% / 96.0%  -2% 95.1% / 96.9%  -2% Median Days on Market Until Sale 56 / 55  2% 4...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 The New Chamberlain’s Tour The Friends of Iolani Palace invites visitors to take a never before seen tour of the Chamberlain’s office suite and other rooms with the new Chamberlain’s Tour. The specialty tour will be offered on Thursdays and Fridays at 3:00 p.m. This specialty tour brings a new perspective of life at Iolani Palace through the eyes of the Royal Chamberlain and other members of the Palace staff. The Chamberlain answered directly to the King and Queen and his office revealed what it took to run the royal household. For the first time, guests will be able to step into the Chamberlain’s office and hear insightful and enchanting stories about the monarchs who once walked the halls.  TOUR DETAILS SCHEDULE: Thursdays & Fridays at 3:00 p.m. LENGTH: 60 minutes COST: $49.95 per ad...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  O‘ahu’s Single-Family Home and Condo Market Sales Steady in October Condo market marks first year-over-year sales increase since January, while single-family homes sales are nearly flat   HONOLULU – According to resales figures released this week by the Honolulu Board of REALTORS®, O‘ahu single-family home sales dropped by 0.6%, while condo sales marked a 1.7% increase compared to the same period last year. The modest jump in sales activity is the first year-over- year sales increase for the condo market since January.   Single-Family Home Resales   Number of Sales Median Sales Price October 2020   345 $865,000   October 2019   347  -0.6% $780,000  10.9%  Condominium Resales   Number of Sales Median Sales Price October 2020   480 $439,500   October 2019   472  1.7% $441,000  -0.3%  T...
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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 1.250 2.570 30-YR Fixed 2.625 1.375 2.811 5-YR ARM 2.500 0.500 2.698 American Savings Bank, F.S.B593-1226NMLS#423168 15-YR Fixed 2.000 1.625 2.312 30-YR Fixed 2.375 2.250 2.595 5-YR ARM 3.625 0.000 3.437 Bank of Hawaii877-616-2636NMLS# 15-YR Fixed 2.250 0.875 2.374 30-YR Fixed 2.750 0.625 2.798 5-YR ARM 2.375 1.125 2.792 Central Pacific Bank544-0500NMLS#416603 15-YR Fixed 2.000 1.875 2.427 30-YR Fixed 2.500 1.375 2.657 5-YR ARM 2.875 0.000 3.073 Finance Factors, Ltd.548-3300NMLS#449916 15-...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Safe Honolulu Halloween HauntsSome Safe Alternatives to the Traditional Tricks and Treats Seek & Treat Scavenger Hunt in Kailua Town From Oct. 12 to 31, 11 a.m. to 4 p.m. daily, grab your smartphone and pick a day you want to play. You’ll have to head to the Fall Harvest Cart near the California Pizza Kitchen in Kailua and find your first QR code and clue. Then you’ll have to follow the clues and get to your final destination. Keiki will receive treat bags if they complete the hunt.   Tall Tale Trick or Treat Hawaii Arts Alliance will help you transform your living room into a Halloween haven! Join them for a Tall Tale Trick-or-Treat for keiki starting at 6 p.m. on Halloween, Oct. 31. Your family bubble will enjoy keiki-friendly, chicken skin stories from three storytellers: Lopaka Kapa...
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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, September 2020   Single  Family Homes September Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 7 / 11  -36% 83 / 125  -34% Closed Sales 13 / 5   160% 61 / 64   -5% Median Sales Price $853,000 / $920,000 -7%  $856,000 / $907,500  -6%   Percent of Original     List Price Received 97.5% / 91.9%  6% 96.0% / 96.2%  0% Median Days on Market Until Sale 17 / 54  -69% 26 / 28  -7% Inventory of Homes for Sale 26 / 48  -46% ---   Condos September Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 37 / 48  -23% 402 / 580  -31% Closed Sales 40 / 43  -7% 269 / 3385  -20% Median Sales Price $537,500 / $550,000  -2% $565,0000 / $584,500  -3% Percent of Original List Price Received 97.3% / 97.4%  0% 96.8% / 97.9%  -1% Me...
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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 September 2020   Single Family Homes September Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 21 / 38  -45% 228 / 298  -23% Closed Sales 25 /  19  32% 134 / 170  -21% Median Sales Price $970,000 / $900,000  8% $965,000 / $1.065M  -9%     Percent of Original List Price Received 100.0% / 97.9%  2% 97.2% / 96.3%  1% Median Days on Market Until Sale 12 / 21  -43% 22 / 18  22% Inventory of Homes for Sale 101 / 121  -17% --- Condos September Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 14 / 13  8% 99 / 109  -9% Closed Sales 13 / 8  63% 46 / 70  -34% Median Sales Price $670,000/$1.1225M  -40% $544,000/$547,500  -1% Percent of Original List Price Received 97.2% / 95.6%  2% 97.5% / 97.1%  0% Median Days on Market U...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Halloween Costume Contests in HonoluluOf all the holidays to reclaim during social distancing, Halloween seems like it could work quite successfully if done with a contiencious attitude. Considering masks are a central theme to All Hallows Eve, it seems appropriate that the holiday offers an ironic distraction from the harsh realities of a maskless world both socially distant and on edge. Hosting virtual parties and horror movie marathons are some of the trendy tricks and treats reimagined and below is a list of some of some of Honolulu's virtual costume contests on Social Media for the Keiki to enter.   Kāhala Mall's Spooktacular Halloween Costume ContestEnter Oct. 25 through 31. Winners will be notified on Halloween.Post a photo of your child 12 years and younger in his or her costum...
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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, September 2020   Single  Family Homes  September Year to Date 2020 / 2019 Change  2020 / 2019 Change         New Listings 13 / 23  -43% 114 / 141  -23% Closed Sales 12 / 8  50% 77 / 93  -17% Median Sales Price  $1.4175M / $987,500  44%  $1.225M/ $1.15M  7% Percent of Original  List Price Received 100.0% / 99.7%  0% 97.6% / 95.7%  2% Median Days on Market Until Sale 8 / 16  -50% 21 / 26  -19% Inventory of Homes for Sale 53 / 71  -25% ---    Condos September Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 65 / 78  -17% 578 / 675  -14% Closed Sales 48 / 37  30% 348 / 399  -13% Median Sales Price $382,500 / $395,000  -3% $376,000 / $370,000  2% Percent of Original List Price Received 96.9% / 98.0%  -1% 96.7% / 97.1% 0% Me...
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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 - September 2020   Single   Family Homes September Year to Date 2020 / 2019 Change           2020 / 2019 Change New Listings 1 / 2  -50% 12 / 6  100%  Closed Sales 2 / 0  0% 7 / 2  250% Median Sales Price $880,000 / $0  0% $880,000/ $997,500  -12%  Percent of Original List Price Received 0.0% / 0.0%  0% 95.1% / 89.6%  6% Median Days on Market Until Sale 6 / 0  0% 6  /  29  -79% Inventory of Homes for Sale 4 / 4  0% ---        Condos   September Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 59  /  65  -9% 606  / 685  -12%   Closed Sales 28 / 46  -39% 274 / 381  -28% Median Sales Price $691,000 / $712,500  -3%    $657,000 / $660,000  0%    Percent of Original List Price Received 94.1% / 93.3%  1%    95.8% / 95.7%  0...
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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 - September 2020  Single Family Homes September Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 0 / 1  -100% 3 / 2  50% 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 / 1  0% ---     Condos September Year to Date 2020 / 2019 Change 2020 / 2019 Change New Listings 121 / 133  -9% 1228 / 1572  -22% Closed Sales 46 / 89  -48% 478 / 760  -37% Median Sales Price $417,500 / $399,000  5% $391,000 / $398,444  -2% Percent of Original List Price Received 95.2% / 97.1%  -2% 95.2% / 96.9%  -2% Median Days on Market Until Sale 59 / 46  2...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 PetWalk is Going Virtual October 24!PetWalk 2020 will be a virtual event this year! The Hawaiian Humane Society helps more than 20,000 animals each year never stoping, even during difficult times like these. The priority is to serve all of O’ahu’s animals and people who need help while also ensuring the health and safety of our community.  Click HERE to learn what our virtual PetWalk will look like and how you can start fundraising today!     New Hours of OperationsStarting October 7, 2020, Hawaiian Humane Society hours of operation are:    Animal Admissions:7 am – 8 pm daily Animal Adoptions:11 am – 7 pm, Monday – Friday10 am- 6 pm, Saturday – Sunday     For Expert Real Estate 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 )
  O‘ahu’s Single-Family Home Market Drives Activity Breaking Two Records Single-family home  home sales improve year-over-year, while condo sales slowly recover to pre-pandemic levels   HONOLULU – According to resales figures released this week by the Honolulu Board of REALTORS®, the summer season ended on a high note with closed sales of single-family homes surpassing year-over-year activity by 12.7%, while condo sales marked a steady month-over-month improvement of 11.5%. Dynamic activity in O‘ahu’s single-family home market drove the median sales price to a record of $880,000 and properties are spending a record-low of just nine days on the market.  Using data collected from its computerized Multiple Listing Service (MLS) system, the Board reported the following statistics:  Single-...
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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 1.500 2.607 30-YR Fixed 2.625 1.875 2.850 5-YR ARM 2.500 0.000 2.660 American Savings Bank, F.S.B593-1226NMLS#423168 15-YR Fixed 2.000 1.500 2.294 30-YR Fixed 2.500 2.000 2.702 5-YR ARM 3.125 0.000 3.258 Bank of Hawaii877-616-2636NMLS# 15-YR Fixed 2.375 0.750 2.481 30-YR Fixed 2.875 0.125 2.885 5-YR ARM 2.375 1.000 2.782 Central Pacific Bank544-0500NMLS#416603 15-YR Fixed 2.125 1.250 2.393 30-YR Fixed 2.750 1.375 2.911 5-YR ARM 2.875 0.000 2.995 Finance Factors, Ltd.548-3300NMLS#449916 15-...
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