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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 Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Downtown and Nu'uanu Honolulu, October 2023   Single Family Homes October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 8 / 4  100% 46 / 68  -32% Median Sales Price $1.15M / $961,000  20% $1.1235M / $1.2975M  -13%  Percent of Original List Price Received 95.6% / 104.4%  -8%  95.6% / 100.0%  -4%  Median Days on Market Until Sale 44 / 9  389% 27 / 10  170% New Listings 10 / 8  25% 75 / 84  -11%  Pending Sales 5 / 6  -17% 55 / 61  -10% Active Inventory 21 / 24  -13% ---    Condos October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 24 / 37  -35% 274 / 451  -39% Median Sales Price $572,500 / $630,000  -9%   $560,000 / $545,000  3% Percent of Original List Price Received 99.0% / 98.6%  0% 98.1% / 100.0%  -2% Median Days on Marke...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Celebrate the Season with A Pinch of SALTSaturday, December 02, 2023 , 10:00am-3:00pm Holo holo Our Kaka'ako and delve into the seasonal excitement on Saturday, December 2, starting at 10am for the annual ‘A Pinch of SALT’ festive PET FRIENDLY shopping event!  At pop-up locations throughout the center, discover unique treasures, support talented Hawaiʻi designers, and enjoy a day of local kine shopping, just in time for the holidays! Plus, during this special event and all throughout the holiday season, you’ll have access to their many retailers and restaurants!  PRICE:Free LOCATION:SALT at Our Kaka'ako691 Auahi StHonolulu, HI  For expert Real Estate Sales and Pet Friendly Property ManagementIn 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 Honolulu, October 2023   Single Family Homes October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 17 / 14  21%  117 / 182  -36%  Median Sales Price $1.11M / $1.25M  -11%   $1.305M / $1.3565M  -4%  Percent of Original List Price Received 102.2% / 100.0%  2% 97.5% / 100.0%  -3% Median Days on Market Until Sale 10 / 9  11%  19 / 12  58% New Listings 23 / 15  53% 168 / 207  -19% Pending Sales 15 / 11  36% 143 / 178  -20% Active Inventory 43 / 30  43% ---    Condos October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 6 / 7  -14%  54 / 86  -37%  Median Sales Price $1.115M / $825,000  35% $1.015 / $650,000  56% Percent of Original List Price Received 97.0% / 94.8%  2% 98.9% / 100.0%  -1%    Median Days on ...
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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, October 2023   Single Family Homes October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 8 / 6  33%   77 / 108  -29%  Median Sales Price $1.3125M / $1.7345M   -24%  $1.51M / $1.6M  -6%   Percent of Original List Price Received 90.2% / 95.8%  -6% 96.3% / 100.4%  -4% Median Days on Market Until Sale 68 / 27   152% 18 / 13  38% New Listings 9 / 9  0% 125 / 137  -9% Pending Sales 6 / 7  -14% 91 / 113  -19% Active Inventory 33 / 24  38% ---    Condos October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 42 / 54  -22% 420 / 637  -34%  Median Sales Price $402,000 / $409,500  -2%   $408,000 / $410,000  0%  Percent of Original List Price Received 99.1% / 100.0%  -1% 98.8% / 100.0%  -1% Median Days on Mark...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Ho‘omau Hawai’i MākekeSat, November 25, 10:30am-5:00pm & Sun, November 26, 2023, 10:30am-4:00pmHo‘omau Hawai‘i Market returns Saturday, November 25 and Sunday, November 26, 2023 at the Hilton Hawaiian Village in the Coral Ballrooms for a weekend celebrating Hawaiian culture and local artistry.Established by Mahina Made, a renowned Hawai‘i fashion and lifestyle brand, Ho‘omau Hawai‘i Market is a bi-annual pop-up mākeke with a special focus on honoring and preserving Hawaiian heritage during the holiday season. The event proudly showcases a diverse array of local businesses, owned by Native Hawaiians and residents, offering an exquisite range of holiday-themed products, from handcrafted accessories to festive home decor, all infused with the spirit of Hawaii.Shoppers will have the opport...
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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, October 2023   Single Family Homes October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 1 / 1   7 / 7  0%  Median Sales Price $1.04M/ $900,000  16% $1.2375M / $1.325M  -8% Percent of Original List Price Received 100.0% / 106.0%  -6% 95.9% / 100.0%  -4% Median Days on Market Until Sale 1 / 150  -99% 10 / 22  -55% New Listings 4 / 0  0% 11 / 12  -8% Pending Sales 1 / 1  0% 5 / 8  -38% Active Inventory 4 / 2  100.0% ---    Condos October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 59 / 59  0%  471 / 659  -29% Median Sales Price $685,000 / $880,000  -22% $680,000 / $760,000  -9% Percent of Original List Price Received 97.6% / 97.5%  0% 97.0% / 97.9%  -1% Median Days on Market Until Sale 27 / 35 ...
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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, October 2023   Single Family Homes October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 0 / 1  -100% 0 / 2  -100% Median Sales Price $0 / $1.975  0% $0 / $1.7375M  0% Percent of Original List Price Received 0 / 101.3%  0% 0 / 96.1%  0% Median Days on Market Until Sale 0 / 73  0% 0 / 88  0% New Listings 0 / 0  0% 0 / 1  -100% Pending Sales 0 / 0  0% 0 / 2  -100% Active Inventory 0 / 0  0% ---    Condos October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 110 / 96  15% 928 / 1140  -19% Median Sales Price $457,500 / $381,500  20%   $421,000 / $425,000  -1% Percent of Original List Price Received 96.7% / 97.2%  -1% 97.2% / 98.8%  -2% Median Days on Market Until Sale 32 / 29  10% 27 / 19  42% New Listings 152 ...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
With 572 units at the Marco Polo, there are only 4 for sale today. That's less than 1% of the inventory. We're working with a cash buyer that's looking for one ASAP. Read more.
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Keali'i Reichel at the Blue NoteThursday, November 16th -19th, 2023 , 6:30pmKeali‘i Reichel has been at the forefront in the revival and perpetuation of Hawaiian culture. He is a world class performer, best-selling recording artist, multiple award-winning kumu hula, prolific composer, renowned chanter, choreographer, dancer, crafter, scholar and teacher.In 2011 he was inducted into the Hawaiian Music Hall of Fame for achievement in all facets of Hawaiian music, chant and hula. He has received Grammy nominations for his 2004 CD Keʻalaokamaile and his 2015 release Kawaiokalena, and 36 Nā Hōkū Hanohano awards over a musical career spanning 25 years.Despite critical acclaim and fame, Kealiʻi is a Kumu Hula at his core.  His commitment to the perpetuation of his ancestor’s teachings and valu...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
URGENT: HELP NEEDED!The Hawaiian Humane Society is beyond critical capacity for the animals in their care. They need YOU! Come in to the Mo'iliili or Kosasa Family campuses to foster or adopt today to help alleviate the shelter space crisis. There is a Veterans Day adoption event this weekend until Nov. 15th with 100% off adoption fees!  Hawaiʻi’s high cost of living and lack of affordable, pet-friendly housing are often cited as the reasons individuals are forced to make the difficult decision to surrender their pets. With shelters and their partner rescue organizations full, they need you – all of the animal lovers in our community – to step up and help. Hawaiian Humane’s Pet Kōkua Outreach program helps keep pets with their families through its Pet Food Bank, wellness clinics and acc...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  The Great Hawaiian Smokeout Friday, November 10, 2023 , 12:00PM-8:00PM and Saturday, November 11, 2023, 12:00PM-8:00PM Veteran's Day Weekend just got a little bit tastier!   Celebrate Veterans Day with a smokin' hot family event at Fort DeRussy in Waikiki on November 10th and 11th. Bring your friends and family for a weekend of mouthwatering BBQ, refreshing drinks, and good vibes as we celebrate and honor veterans and first responders. Whether you're a BBQ enthusiast or just love to grub on some finger-lickin' treats, this event is a must-attend if you want to be the judge of the best bbq in town. Come and enjoy LIVE music, a beer garden by Beer Lab HI, food and craft vendors, bounce houses for kids and a cornhole tournament! Live Performances Include: Payton Sullivan John Akapo Over...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
O‘ahu Home Sales Cool Amid Rising Mortgage Rates, Seasonal SlowdownFewer properties are selling at the original asking price or higherAccording to resale figures released this week by the Honolulu Board of REALTORS®, sales volume remained stable in October, with both single-family homes and condos experiencing moderate year-over-year declines of 4.1% and 8.3%, respectively. The median sales price for single-family homes in October increased 4.8% to $1,100,000 while condos experienced a minor 1.0% decrease, ending the month at $515,000.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 October 2023 213  -4.1% $1,100,000  +4.8% October 2022 222 $1,050...
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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 verifyWednesday, November 1, 2023  Lender Term/Type Interest Rate % Points % *APR Aloha Pacific Federal Credit Union808-531-3711NMLS#377314 15-YR Fixed 6.500 1.500 6.931 30-YR Fixed 7.000 1.875 7.311 5-YR ARM 6.500 1.750 6.787 American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 6.375 2.125 6.859 30-YR Fixed 7.125 1.875 7.411 5-YR ARM 7.000 1.500 7.872 Bank of Hawaii877-616-2636 15-YR Fixed 6.750 1.250 6.951 30-YR Fixed 7.500 0.625 7.564 5-YR ARM 6.750 1.250 7.657 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 6.625 1.875 7.083 30-YR Fixed 7.125 2.000 7.430 5-YR ARM 7.750 0.000 8.161 Fina...
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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 2023   Single Family Homes September Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 6 / 5  20% 38 / 64  -41% Median Sales Price $1.370M / $1.4M  -23%  $1.1235M / $1.325M  -15%  Percent of Original List Price Received 98.4% / 95.2%  3%  95.5% / 100.0%  -5%  Median Days on Market Until Sale 20 / 22  -9% 17 / 10  70% New Listings 12 / 10  20% 65 / 76  -14%  Pending Sales 9 / 4  125% 50 / 55 -9% Active Inventory 17 / 21  -19% ---    Condos September Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 30 / 45  -33% 250 / 414  -40% Median Sales Price $544,000 / $470,000  16%   $562,500 / $540,000  4% Percent of Original List Price Received 99.0% / 98.9%  0% 98.0% / 100.0%  -2% Median Days on Marke...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Waikiki’s biggest and best costume celebrations, Halloween at the Hyatt Regency Waikiki Beach Resort and Spa, returns Tuesday, Oct. 31, at 8 p.m. Prepare for a star-studded event, with this year’s theme “Celebrities in the Night”. Unleash your inner celebrity and join us for a night full of tricks, treats, DJ’s, dancing, and up to $2,000 in costume contest prizes, at this 21+ event.Halloween at the Hyatt has earned the reputation of being the Waikiki’s best costume contest, attracting partygoers across the island for an incredible night. The fun continues at the official after party, at The District Nightclub.VIP entry includes a glow stick, dedicated line for entry and candy pouch. For VIP and bottle service reservations, email events@racesauce.com or text (808) 383-3595.Self-parking ...
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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, September 2023   Single Family Homes September Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 15 / 23  -35%  100 / 168  -40%  Median Sales Price $1.3M / $1.22M  7%   $1.355M / $1.366M  -1%  Percent of Original List Price Received 100.0% / 97.6%  2 96.1% / 100.0%  -4% Median Days on Market Until Sale 11 / 21 -48%  23 / 13  77% New Listings 19 / 15  27% 145 / 192  -24% Pending Sales 14 / 17  -18% 128 / 167  -23% Active Inventory 39 / 37  5% ---    Condos September Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 1 / 8  -88%  48 / 79  -39%  Median Sales Price $1.795M / $687,500  -161% $895000 / $650,000  38% Percent of Original List Price Received 89.8% / 96.1%  -7% 99.2% / 100.0%  -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  Makiki & Moili'ili Honolulu, September 2023   Single Family Homes September Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 10 / 11  -9%  69 / 102  -32%  Median Sales Price $1.755M / $1.31M   34%   $1.51M / $1.6M  -6%   Percent of Original List Price Received 94.3% / 100.0%  -6% 97.3% / 100.4%  -3% Median Days on Market Until Sale 24 / 12   100% 16 / 13  23% New Listings 12 / 10  20% 116 / 128  -9% Pending Sales 11 / 6  83% 85 / 106  -20% Active Inventory 33 / 28  18% ---    Condos September Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 43 / 42  2% 378/ 583  -34%  Median Sales Price $439,000 / $415,000  6%   $409,000 / $410,000  0%  Percent of Original List Price Received 99.6% / 98.6%  1% 98.8% / 100.0%  -1% Median Days on Ma...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
PetWalk 2023Saturday, October 28, 20238:00 am - 2:00 pm Hele mai PetWalk 2023! This community event raises critical funds for the Hawaiian Humane Society and is a day of fun and excitement for the whole 'OhanaThis year’s PetWalk returns to Kapiʻolani Regional Park on Saturday, October 28 from 8:00 am to 2:00 pm and will feature: 1.8-mile walk and 5K fun run/walk around Kapiʻolani Regional Park beginning at the Bandstand with registration, which will include a commemorative Eden in Love x Hawaiian Humane Society PetWalk tote bag All are welcome to register their own individual or team fundraising page and are encouraged to invite their friends and ʻohana to join their team or donate to support their fundraising efforts A variety of pet- and family-friendly vendors that will be open 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  Ala Moana & Kaka'ako Honolulu, September 2023   Single Family Homes September Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 2 / 0   6 / 6  0%  Median Sales Price $1.241M/ $0.0   $1.243750M / $1.3625M  -9% Percent of Original List Price Received 95.4% / 0.0%  0% 92.1% / 98.2%  -6% Median Days on Market Until Sale 51 / 0  0% 16 / 21  -24% New Listings 1 / 0  0% 7 / 12  -42% Pending Sales 0 / 1  -100% 4 / 7  -43% Active Inventory 2 / 3  -33% ---    Condos September Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 49 / 58  -16%  412 / 600  -31% Median Sales Price $735,000 / $695,000  6% $680,000 / $753,500  -8% Percent of Original List Price Received 97.3% / 98.1%  -1% 96.8% / 98.0%  -1% Median Days on Market Until Sale 25 / 30  -1...
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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, September 2023   Single Family Homes September Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 0 / 0  0% 0 / 1  -100% Median Sales Price $0 / $0  0% $0 / $1.5M  0% Percent of Original List Price Received 0 / 0  0% 0 / 90.9%  0% Median Days on Market Until Sale 0 / 0  0% 0 / 103  0% New Listings 0 / 0  0% 0 / 1  -100% Pending Sales 0 / 0  0% 0 / 2  -100% Active Inventory 0 / 0  0% ---    Condos September Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 75 / 92  -18%  818 / 1044  -22% Median Sales Price $507,500 / $437,000  16%   $420,000 / $429,000  -2% Percent of Original List Price Received 97.2% / 98.8%  -2% 97.2% / 98.8%  -2% Median Days on Market Until Sale 27 / 15  80% 27 / 18  50% New Listings 117 / 127  -...
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