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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 )
 2022 Hawaii Kidney WalkSaturday, March 12, 20228:00 AM - 12:00 PMKapiolani Bandstand Walk-ins welcome on the day of the event.  Stretch those calve muscles and join the 2022 Hawaii Kidney Walk, presented by The Queen’s Health Systems in partnership with Horizon Therapeutics and U.S. Renal Care. Organized by the National Kidney Foundation of Hawaii, the 2022 Hawaii Kidney Walk includes a 1.7-mile walk around the park and a festival for the community.Arrive anytime after 8:00 a.m. to check in or register, then set off on a 1.7-mile walk through the park at 9:00 a.m. or enjoy the festival! The festival will include a cooking demonstration by Chef Sam Choy, as well as, free wellness screenings, shaved ice, balloon art, photo stations, and keiki yard games. Guests will also be entertained b...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Hawaiʻi Triennial 2022 Exhibit at the State Art MuseumNow until May 8th, 2022 - 10:00 am to 4:00 pm PACIFIC CENTURY – E HO‘OMAU NO MOANANUIĀKEAHawai‘i Triennial 2022 (HT22) will be framed around the fluid concept of Pacific Century - E Ho‘omau no Moananuiākea, interweaving themes of history, place, and identity within the context of Hawaiʻi’s unique location at the confluence of Asia-Pacific and Oceania.  HT22’s 43 artists and collectives feature over 60 participants including internationally renowned cultural figures exhibiting alongside multiple generations of Hawai‘i-based artists, as well as others making their U.S. institutional debut. The citywide exhibition will take place at: Bishop Museum, Foster Botanical Garden, Hawaii Theatre Center, Hawai‘i State Art Museum, Iolani Palace, ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Condos Outperform Single-Family Home Sales Following Seasonal Lull Sparse inventory, sustained demand drives new recordsingle-family home median price at $1,125,00    HONOLULU – According to resales figures released this week by the Honolulu Board of REALTORS®, The single-family home market continues to lag behind condos in sales, with single-family home sales falling 7.3% compared to last February, while condo sales were up 9.0% year-over-year. Sparse inventory and sustained demand drove the median single-family home price to a new record high of $1,125,000, up 22.6% from this time last year and 7.1% higher than the previous record of $1,050,000 set in August 2021. The condo market saw a modest bump in the median sales price of $497,000, rising 8.6% from one year earlier.   Using data ...
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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, March 2, 2022 Lender Term/Type Interest Rate % Points % *APR Acclaim Capital Mortgage383-5931NMLS#304090 15-YR Fixed 2.375 2.098 2.754 30-YR Fixed 3.375 2.101 3.591 5-YR ARM       Aloha Pacific Federal Credit Union531-3711NMLS#377314 15-YR Fixed 3.000 1.750 3.406 30-YR Fixed 3.625 1.750 3.857 5-YR ARM 2.500 0.500 3.191 American Savings Bank, F.S.B593-1226NMLS#423168 15-YR Fixed 2.500 2.125 2.895 30-YR Fixed 3.375 2.250 3.613 5-YR ARM       Bank of Hawaii877-616-2636NMLS# 15-YR Fixed 2.500 2.250 2.824 30-YR Fixed 3.375 2.125 3.547 5-YR ARM 2.000 2.000 2.650 Central Pacific Bank544-0500...
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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 2022   Single Family Homes January Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 10 / 8  25%  10 / 8  25% Median Sales Price $1.2375M / $1.1795M  5%   $1.2375M / $1.1795M  5% Percent of Original List Price Received 101.4% / 98.6%  3% 101.4% / 98.6%  3% Median Days on Market Until Sale 11 / 14  -21% 11 / 14  -21% New Listings 11 / 11  0%   11 / 11  0%   Pending Sales 9 / 10  -10% 9 / 10  -10% Active Inventory 13 / 16  -19% ---    Condos January Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 48 / 25  92% 48 / 25  92% Median Sales Price $505,000 / $575,000  -12%   $505,000 / $575,000  -12%  Percent of Original List Price Received 98.7% / 97.5%  1% 98.7% / 97.5%  1% 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  Diamond Head & Kapahulu Honolulu, January 2022   Single Family Homes January Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 17 / 21  -19% 17 / 21  -19% Median Sales Price $1.55M / $1.02M  52%    $1.55M / $1.02M  52% Percent of Original List Price Received 96.8% / 100.0%  -3% 96.8% / 100.0%  -3% Median Days on Market Until Sale 37 / 16  131% 37 / 16  131% New Listings 14 / 20  -30% 14 / 20  -30% Pending Sales 19 / 23  -17% 19 / 23  -17% Active Inventory 23 / 56  -59% ---    Condos January Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 11 / 9  22%  11 / 9  22%  Median Sales Price $580,000 / $580,000  0%    $580,000 / $580,000  0% Percent of Original List Price Received 99.2% / 94.8%  5%  99.2% / 94.8%  5%  Median Days on Market ...
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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, January 2022   Single Family Homes January Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 7 / 11  -36% 7 / 11  -36% Median Sales Price $1.650M / $1.19M  39%   $1.650M / $1.19M  39%   Percent of Original List Price Received 98.4% / 100.0%  -2% 98.4% / 100.0%  -2% Median Days on Market Until Sale 22 / 11  100% 22 / 11  100% New Listings 6 / 11  -45% 6 / 11  -45% Pending Sales 5 / 10  -50% 5 / 10  -50% Active Inventory 20 / 36  -44% ---    Condos January Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 54 / 32  69%  54 / 32  69%  Median Sales Price $396,250 / $390,000  2%   $396,250 / $390,000  2% Percent of Original List Price Received 98.6% / 96.3%  2% 98.6% / 96.3%  2% Median Days on Market Until Sal...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Kokua Waikīkī Aquarium as we clean up our coastlines! February 25, 2022 11AM - 3PM Waikīkī Aquarium 2777 Kalakaua Avenue Honolulu, HI 96815 Sign up to volunteer at our next beach cleanup  here https://forms.gle/qM2jKQVnBFwq9dK16 Check in any time between 11 AM - 2:30 PM at the front of the Aquarium to pick up a bucket and tools for cleaning up the surrounding parks and beaches. All supplies and collected rubbish must be returned to the Aquarium by 3PM. Groups of up to 15 people can register together. All participants must wear a mask, practice social distancing, and follow COVID-19 restrictions and guidelines. Participants must be fully vaccinated against COVID-19 and provide proof of vaccination with matching identification upon check-in. Supplies such as buckets/bags and tongs will be...
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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, January 2022   Single Family Homes January Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 1 / 0   0%  1 / 0   0% Median Sales Price $1.205M / 0.0  0%   $1.205M / 0.0  0% Percent of Original List Price Received 96.5% / 0%  0% 96.5% / 0%  0% Median Days on Market Until Sale 36 / 0   0% 36 / 0   0% New Listings 1 / 7  -86% 1 / 7  -86% Pending Sales 1 / 1  0% 1 / 1  0% Active Inventory 1 / 2  -50% ---    Condos January Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 65 / 28  132%  65 / 28  132% Median Sales Price $790,000 / $677,500  17%   $790,000 / $677,500  17% Percent of Original List Price Received 97.5% / 95.4%  2% 97.5% / 95.4%  2% Median Days on Market Until Sale 29 / 107  -73% 29 / 107  -73% ...
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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, January 2022   Single Family Homes January Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 0 / 0  0%  0 / 0. 0%   Median Sales Price $0.0 / $0.00  0%   $0.0 / $0.00  0% Percent of Original List Price Received 0.0% / 0.0%  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 / 1  -100% ---    Condos January Year to Date 2022 / 2021cChange% 2022 / 2021 Change% Closed Sales 101 / 60  68%  101 / 60  68% Median Sales Price $424,000 / $367,750  15%   $424,00 / $367,750 15% Percent of Original List Price Received 97.4% / 95.4%  2% 97.4% / 95.4%  2% Median Days on Market Until Sale 35 / 54  -35% 35 / 54  -35% New Listings 171 / 152  ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Island Crafters Market International Marketplace 2330 Kalakaua Avenue in Waikiki Feb 5th - 6th 2022 - 11AM - 5PM Holo holo International Marketplace and shop the local kine! Check out the locally made product including apparel, candles, laser etched home goods, papale, hand sewn totes, baby items and Hawaii's favorite local snacks too! Located on the second level of the International market place, near Mitsuwa's Marketplace, you'll find 2 storefronts and the common areas filled with Hawaii's favorites! Just look for the balloon arches!  Visit all three areas, get your event passport stamped and enter to win prizes! CONTACT INFO:  808-689-9091info@islandcraftfairs.org WEBSITE:http://www.islandcraftfairs.org LOCATION: International Market Place is Pet FriendlyFor Pet Friendly Property Man...
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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 Wednesday, February 2, 2022 Lender Term/Type Interest Rate % Points % *APR Acclaim Capital Mortgage383-5931NMLS#304090 15-YR Fixed 2.665 0.000 2.743 30-YR Fixed 3.500 0.000 3.543 5-YR ARM       Aloha Pacific Federal Credit Union531-3711NMLS#377314 15-YR Fixed 2.625 2.000 3.062 30-YR Fixed 3.250 1.875 3.486 5-YR ARM 2.500 0.500 3.028 American Savings Bank, F.S.B593-1226NMLS#423168 15-YR Fixed 2.250 1.750 2.585 30-YR Fixed 3.125 2.125 3.348 5-YR ARM       Bank of Hawaii877-616-2636NMLS# 15-YR Fixed 2.125 2.250 2.445 30-YR Fixed 3.000 2.250 3.179 5-YR ARM 2.000 1.625 2.621 Central Pacific Bank544-...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Punahou Carnival Online Art Gallery and Silent AuctionMonday, January 31, through Friday, February 04 20226:00 pm - 9:00 pmVirtual Event URL: http://www.punahoucarnival.com Even though Punahou Carnival will not be held in person or on campus again this year, the Class of 2023 still hopes to raise the necessary financial aid funds to support the students of Punahou.This year’s Punahou Carnival Art Gallery – Hawai‘i’s largest art show – and the Punahou Carnival Silent Auction will be presented virtually. Art buyers and auction bidders will be able to arrange for drive-through, contactless pickup at the Punahou campus for their items. The online art gallery will open Monday, Jan. 31 at 6 p.m., and run through Saturday, Feb. 5 at 9 p.m. at punahoucarnival.com.The gallery features more than ...
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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 2021   Single Family Homes December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 14 / 7  100%  135 / 80  69% Median Sales Price $1.262M / $1.225M  3%   $1.1515M / $905,000 27% Percent of Original List Price Received 100.0% / 100.0%  0% 100.0% / 96.3%  4% Median Days on Market Until Sale 13 / 14  -7% 16 / 25  -36% New Listings 3 / 7  -57% 132 / 117  13% Pending Sales 3 / 15  -80% 128 / 96  33% Active Inventory 13 / 16  -19% ---    Condos December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 55 / 44  25% 610 / 380  61% Median Sales Price $510,500 / $561,500  -9%   $590,000 / $560,000 5% Percent of Original List Price Received 100.0% / 97.8%  2% 98.9% / 97.3%  2% 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 )
  Local Market Update  Diamond Head & Kapahulu Honolulu, December 2021   Single Family Homes December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 31 / 28  11% 290 / 204  42% Median Sales Price $1.218M / $1.2125M  0%    $1.2M / $995,000 21% Percent of Original List Price Received 103.4% / 98.7%  5% 100.0% / 97.9%  2% Median Days on Market Until Sale 11 / 21  -48% 12 / 21  -43% New Listings 16 / 18  -11% 306 / 309  -1% Pending Sales 18 / 22  -18% 295 / 255  16% Active Inventory 28 / 64  -56% ---    Condos December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 9 / 9  0%  130 / 75  73% Median Sales Price $553,000 / $505,000  10%   $587,750 / $527,000  11% Percent of Original List Price Received 96.5% / 96.5%  0%  98.9% / 98.0%  1% Median Days on Mar...
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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, December 2021   Single Family Homes December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 15 / 12  25% 180 / 107  68% Median Sales Price $1.398M / $1.1775M  19%   $1.4155M / $1.2M 18% Percent of Original List Price Received 96.9% / 98.0%  -1% 100.0% / 97.7%  2% Median Days on Market Until Sale 18 / 18  0%  14 / 22  -36% New Listings 7 / 11  -36% 206 / 167  23% Pending Sales 10 / 14  -29% 188 / 128  47% Active Inventory 21 / 40  -48% ---    Condos December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 75 / 38  97%  751 / 488  54% Median Sales Price $405,000 / $377,000  7%   $398,000 / $375,000  6% Percent of Original List Price Received 99.2% / 96.7%  3% 98.7% / 96.8%  2% Median Days on Market Un...
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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, December 2021   Single Family Homes December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 2 / 0   0%  11 / 7  57% Median Sales Price $1.065M / 0.0  0%   $1.015M / $880,000 15% Percent of Original List Price Received 110.9% / 0%  0% 100.9% / 95.2%  6% Median Days on Market Until Sale 11 / 0   0% 12 / 6  100% New Listings 0 / 2  -100% 22 / 17  29% Pending Sales 0 / 0  0% 15 / 6  150% Active Inventory 2 / 5  -60% ---    Condos December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 72 / 39  85%  747 / 361 107% Median Sales Price $637,500 / $730,000  15%   $662,500 / $670,000  -1% Percent of Original List Price Received 98.4% / 95.4%  3% 97.7% / 95.7%  2% Median Days on Market Until Sale 27 / 65  -...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Eddie Wen’ Go: The Story of the Upside-Down CanoeJanuary 28, 29 and February 4 - 6, 2022FRI 7:30PM, SAT/SUN 2:00PMAnticipated limited live audience performances but will switch to streaming if public health concerns arise.A Theatre for Young Audiences (TYA) tribute to Eddie Aikau.Adapted from the book Eddie Wen’ Go: The Story of the Upside-Down Canoe written by Marion Lyman-Mersereau and directed by Mark BrannerThis Theatre for Young Audiences production incorporates giant puppetry, dance, ‘ōlelo Hawai’i, pidgin, and hula to tell the story of Eddie Aikau’s act of courage through the eyes of sea creatures who watched from underneath the upside-down canoe. Celebrating the story of legendary local hero, Eddie Aikau who dared to dream big and who put the lives of others before his own, this...
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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, December 2021   Single Family Homes December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 0 / 0  0%  3 / 1  200% Median Sales Price $0.0 / $0.00  0%   $1.1M / $1.29M -15% Percent of Original List Price Received 0.0% / 0.0%  0% 100.0% / 95.6%  5% Median Days on Market Until Sale 0 / 0  0% 13 / 8  63% New Listings 0 / 0  0% 4 / 3  33% Pending Sales 0 / 0  0% 6 / 1  500% Active Inventory 0 / 1  -100% ---    Condos December Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 114 / 86  33%  1,374 / 678  103% Median Sales Price $446,500 / $387,000  15%   $405,00 / $390,000 4% Percent of Original List Price Received 98.6% / 96.7%  2% 97.8% / 95.2%  3% Median Days on Market Until Sale 28 / 48 -42% 26 / 47 -45% New Listi...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Holo holo Our Kaka‘ako’s Bark in the Park at Kaloko‘eli Courtyard in Keawe Retail at 444 Keawe St. for a tail wagging day of fun in the sun! The event is free to the public and will feature pet-focused wellness classes, pop-up retail vendors, and a photo op wall on Saturday, January 22, from 2:00 p.m. to 6:00 p.m.  On the lawn, Orangetheory Fitness Kaka‘ako will lead special pet workout classes for you to work up a sweat with your dog. Be sure to reserve your spot ahead of time since participants are limited to 20 per class! Additionally, the Community Kōkua Foundation For Fire Safety And Recovery will host talk story sessions and have a booth to promote pet fire safety through the Eddy Project. To round off the event, various Our Kaka‘ako restaurants and bars will have Yappy Hour spec...
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