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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 )
The 2023 Hawaiian Scottish Festival & Highland Games and Ceilidh Saturday and Sunday, April 1 and 2, 2023 Hele mai the Annual Hawaiian Scottish Festival & Highland Games to celebrate the heritage and history of the Scots in Hawaii. Hosted by the Hawaiian Scottish Association, a 501(c)3 nonprofit organization.  THE FESTIVAL FEATURES: Highland games and athletics, men's and women's competition prizes (learn about the history of the athletic events) Highland Dance competition Entertainment including piping, music, song and dance A gathering of Clans from around Hawaii, as well as from the mainland, to display information pertinent to themselves, and invite other members of the clan to join them Demonstrations of swordplay, weaving, and fencing Vendors featuring Scottish wear, Celtic clothi...
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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, February 2023   Single Family Homes February Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 0 / 0  0% 0 / 1  -100%   Median Sales Price $0 / $0  0%   $0 / $1.205M  0% Percent of Original List Price Received 0.0% / 0%  0% 0.0% / 96.5%  0% Median Days on Market Until Sale 0 / 36  0% 0 / 36  0% New Listings 1 / 2  -50% 1 / 3  -67% Pending Sales 0 / 1  0% 0 / 1  -100% Active Inventory 1 / 3  -67% ---    Condos February Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 30 / 58  -48%  69 / 123  -44% Median Sales Price $502,500 / $750,000  -33%   $593,750 / $790,000  -25% Percent of Original List Price Received 96.0% / 96.3%  0% 96.6% / 97.2%  -1% Median Days on Market Until Sale 70 / 52  35% 49 / 41  20% ...
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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, February 2023   Single Family Homes February Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales NO SALES NO 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 February Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 93 / 100  -7%  154 / 201  -23% Median Sales Price $390,000 / $382,500  2%   $403,750 / $403,000  0% Percent of Original List Price Received 96.7% / 98.2%  -2% 96.6% / 97.9%  -1% Median Days on Market Until Sale 25 / 19  4% 26 / 27  -4% New Listings 100 / 170  -41% 229 / 341  -33%   Pendi...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
WAIKIKI HONOLULU: WAILANA AT WAIKIKIWailana at Waikiki  is a 24-story high-rise condominium completed in 1970 and has 186 residential condos and several commercial units. The building has both Fee Simple and Lease Hold condos available with the lease expiring in 2039. Located in the popular West-end of Waikiki, the Wailana is close to Waikiki beaches, many hotels, restaurants and retail shops. The pet friendly Wailana at Waikiki overlooks Fort Derussy Park with some of the upper floors enjoying ocean views. The complex has 2 bedroom, 2 bath and 3 bedroom, 2 bath floor plans and each condo comes with a lanai and 1 assigned parking space. The building amenities include central AC, heated swimming pool, recreation area, BBQs, secured lobby and elevators.  The famed Wailana Coffee Shop was ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Lucky Charms Adoption Event Now until - Sunday, March 26, 2023 Adoption Hours: 11:00 am - 6:00 pm   Help an animal in need and celebrate St. Patty's Day with the Hawaiian Humane Societies Lucky Charms Adoption Event from now until 3/26/23! Luck is in the air this St. Patrick’s Day. Adoption fees for dogs 7 months and older are only $17 and are completely waived for small animals. (Excluding exotic animals) Visit our adoption page here to view all available animals.      For expert Real Estate Sales and Pet Friendly Property Management In 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 )
Raiatea Helm with Spring Wind Quintet at the Blue NoteSunday, March 19, 2023, 6:30PM Chamber Music Hawaii celebrates 40 years of music with performances by Nā Hōkū Award-winning recording artist and CMH board member, Raiatea Helm and the Spring Wind Quintet. Attendees will travel through history as Ms. Helm and the Quintet pay omage to some of Hawaiian music’s most legendary composers. The performances will include the waltzes of Johann Strauss, Jr. and former Royal Hawaiian Band Master, Charles E. King. The ensemble will also feature Molokai’s most famous composer Matthew Kane and will pay tribute to the mele and aloha of Queen Lydia Lili‘uokalani, Queen Julia Kapi‘olani, Princess Miriam Likelike and more. These performances are not to be missed! FEATURING:    •    Raiatea Helm    •   ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Hele mai and SEA-lebrate the Waikīkī Aquarium's 119th birthday by joining them for a beach clean up on Saturday, March 18th at 10 AM to 1 PM. Bring your friends, family, and be ready to have a whale of a good time. Registration is required. For more information and to sign up visit https://www.waikikiaquarium.org/interact/special-events/cleanups/In addition to the beach clean-up there will be other activities to celebrate the Aquariums la hanau. Plenty activities for the entire 'Ohana!Keiki Activities:• Pigtails and Crewcuts• LEGO Building with LEAHI• NOAA Hawaiian Island HumpbackWhale National Marine SanctuaryInflatable WhaleAquarium Programs:• Special Feedings• Critter Encounters• Waikiki Aquarium CraftsPresentations:• KA HALE I o KAHALA HALAU HULA• Hawaii Marine Animal Response• UH S...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
WAIKIKI HONOLULU: FOSTER TOWERFoster Tower is a 25-story residential condominium tower and is one of only two beach front condo buildings in Waikiki.  Located directly across Kalakaua Ave., from the Duke Kahanamoku statue and Kuhio Beach, Foster Tower is a pet friendly  condo with Studio, 1, 2 and 3 bedroom condos with some units having 180 degree panoramic ocean and Waikiki beach views.Foster Tower has 24-hour security, a resident manager, guest parking and vacation rentals are permitted with a minimum stay of 30 days.  Building amenities include a swimming pool, exercise room and sauna. The building has partially converted from lease hold to fee simple. There are commercial units in the building with several on the ground level facing Kalakaua Ave., and there are many retail shops, re...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
O‘ahu Home Sales Pick Up Month-to-Month, Remain Down Year-Over-Year Single-family homes are taking nearly four times longer to sell, and condos are taking two times longer to sell compared to 2022. HONOLULU – According to resales figures released this week by the Honolulu Board of REALTORS®, O‘ahu’s housing market remained sluggish in February, with closed sales of single-family homes and condos down 28.2% and 33.1%, respectively. However, single-family home sales rose 15.3%, and condo sales increased by 18.2% compared to January 2023.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 Feb. 2023   173  -28.2% $987,000  -12.3% Feb. 2022 241 $1,125,00...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
ʻIolani Palace Kamaʻāina SundaySunday, March 12, 2023, 8:30am-3:00pmAfter a more than three-year hiatus, Kamaʻāina Sundays returns to ʻIolani Palace. The monthly event, sponsored by American Savings Bank, will include free tours for local residents, entertainment, family-friendly activities, and ‘ono food options to enjoy.Gates to ‘Iolani Palace will open at 8:30 a.m. on Kamaʻāina Sundays with activities and tours from 9 a.m. to 3 p.m. Self-led audio tours will be available on a first-come, first-served basis; tickets will be limited to four per adult. Guests will visit the first and second floors of Iolani Palace, which includes the staterooms and private quarters of the royal monarchs. The tour concludes with a self-guided exploration of the basement gallery exhibits showcasing the ro...
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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 1, 2023  Lender Term/Type Interest Rate % Points % *APR Aloha Pacific Federal Credit Union808-531-3711NMLS#377314 15-YR Fixed 5.250 2.000 5.737 30-YR Fixed 6.000 1.750 6.276 5-YR ARM 4.875 0.875 5.050 Bank of Hawaii877-616-2636 15-YR Fixed 5.375 2.125 5.706 30-YR Fixed 6.125 2.125 6.328 5-YR ARM 4.875 2.375 6.253 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 5.375 1.875 5.892 30-YR Fixed 6.000 2.250 6.356 5-YR ARM 5.125 1.500 7.099 First Hawaiian Bank808-643-4663 15-YR Fixed 5.375 2.125 5.900 30-YR Fixed 6.125 2.375 6.470 5-YR ARM 5.375 1.000 6.700 Hawaii Paradise Mortgage8...
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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 2023   Single Family Homes January Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 6 / 10  -40% 6 / 10  -40% Median Sales Price $1.164M / $1.2375M  -6%  $1.164M / $1.2375M  -6%  Percent of Original List Price Received 95.9% / 101.4%  -5%   95.9% / 101.4%  -5%  Median Days on Market Until Sale 21 / 11  91% 21 / 11  91% New Listings 10 / 11  -9% 10 / 11  -9%  Pending Sales 3 / 9  -67% 3 / 9  -67% Active Inventory 23 / 13  77% ---    Condos January Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 17 / 48 -65% 17 / 48 -65% Median Sales Price $670,000 / $505,000  33%   $670,000 / $505,000  33% Percent of Original List Price Received 98.5% / 98.7%  0% 98.5% / 98.7%  0% Median Days on Market Until ...
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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 2023   Single Family Homes January Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 4 / 17  -76%  4 / 17  -76%  Median Sales Price $1.1M / $1.55M -29%   $1.1M / $1.55M -29%  Percent of Original List Price Received 93.8% / 96.8%  -3%   93.8% / 96.8%  -3% Median Days on Market Until Sale 49 / 37  32%  49 / 37  32% New Listings 12 / 14  -14% 12 / 14  -14% Pending Sales 17 / 19  -11% 17 / 19  -11% Active Inventory 35 / 23  52% ---    Condos January Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 3 / 11  -73%  3 / 11  -73%  Median Sales Price $365,000 / $580,000  -37%    $365,000 / $580,000  -37% Percent of Original List Price Received 102.0% / 99.2%  3% 102.0% / 99.2%  3%    Median Days on Ma...
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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 2023   Single Family Homes January Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 7 / 7  0% 7 / 7  0% Median Sales Price $1.435M / $1.65M  -13%   $1.435M / $1.65M  -13%   Percent of Original List Price Received 91.4% / 98.4%  -7% 91.4% / 98.4%  -7% Median Days on Market Until Sale 22 / 22  0% 22 / 22  0% New Listings 13 / 6  117% 13 / 6  117% Pending Sales 10 / 5  100% 10 / 5  100% Active Inventory 21 / 20  5% ---    Condos January Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 25 / 54  -54%  25 / 54  -54%  Median Sales Price $382,000 / $396,250 -4%   $382,000 / $396,250 -4% Percent of Original List Price Received 97.6% / 98.6%  -1% 97.6% / 98.6%  -1% Median Days on Market Until Sale 34 / 1...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 WAIKIKI HONOLULU: FOUR PADDLEFour Paddle is a 250 unit, Fee Simple condo complex with a recreation deck and swimming pool. Fort Derussy Park, several beaches, restaurants, hotels, and many amenities are nearby. The lobby and common areas have been updated along with the central air conditioning system. Some condo units have special permits allowing for short term rentals. Despite the hotel like feel of the complex the condominium is zoned residential. The pet friendly Four Paddle sits across the street from the Ritz Carlton and the Luxury Row shopping area, enjoying one of the more quieter areas of Waikiki. There is a dog park, convenient store and several bus stops located within a block of the building with parking access off Launiu Street. The condo is a short distance to Duke Kahan...
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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 2023   Single Family Homes January Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 0 / 1  -100% 0 / 1  -100%   Median Sales Price $0 / $1.205M  0%   $0 / $1.205M  0% Percent of Original List Price Received 0.0% / 96.5%  0% 0.0% / 96.5%  0% Median Days on Market Until Sale 0 / 36  0% 0 / 36  0% New Listings 0 / 1  -100% 0 / 1  -100% Pending Sales 0 / 1  -100% 0 / 1  -100% Active Inventory 0 / 1  -100% ---    Condos January Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 39 / 65  -40%  39 / 65  -40% Median Sales Price $737,500 / $790,000  -7%   $737,500 / $790,000  -7% Percent of Original List Price Received 97.0% / 97.5%  -1% 97.0% / 97.5%  -1% Median Days on Market Until Sale 24 / 29  -17% ...
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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 2023   Single Family Homes January Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 0 / 0  0% 0 / 0  0% 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 January Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 61 / 101  -40%  61 / 101  -40% Median Sales Price $412,000 / $424,000  -3%   $412,000 / $424,000  -3% Percent of Original List Price Received 95.9% / 97.4%  -2% 95.9% / 97.4%  -2% Median Days on Market Until Sale 28 / 35  -20% 28 / 35  -20% New Listings 129 / 171  -25% 129 / 171  -25%   P...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Hidden Biodiversity: Tardigrades!Saturday, February 18, 2023, 9:30am-2:00pm Saturday, hele mai Bishop Museum's Pacific Center for Molecular Biodiversity (PCMB) and join the scientists as they share ongoing research in biodiversity discovery and conservation. It has been 250 years since Johann August Ephraim Goeze first described the Kleiner Wasserbär (little water bear), scientifically called tardigrades (slow walker). Come join Bishop Museum researchers and explore the hidden biodiversity that is all around us, from tardigrades to rotifers and a whole host of animals more abundant than all the mammals and birds on the planet. The workshop will feature hands-on activities for discovering water bears, rotifers, nematodes, and all sorts of hidden diversity. Once you see them, you will nev...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Whale You Be My Valentine - Humpback Whale CanvasTuesday, February 14th at 5:30 pm Need a unique activity to celebrate the day with your special someone? Why not get creative at the Waikīkī Aquarium On Valentines Day Tuesday, February 14th at 5 p.m., you’re invited to paint an ocean-inspired canvas!For $40, you will receive the supplies needed to create a masterpiece. A portion of the proceeds will benefit the Aquarium. Children under the age of 13 must be accompanied by an adult. Reserve your canvas now by texting or calling (808)379-6811 Waikiki Aquarium 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 )
WAIKIKI HONOLULU: DISCOVERY BAYDiscovery Bay is a popular 42-story pet friendly residential condo in the West-end of Waikiki. This Lease Hold property has Studio, 1 bedroom, 2 and 3 bedroom condos available. The complex has a resident manager and 24hr security.The twin tower condo has 665 lease units with 633 offered as residential condominiums. Relatively spacious in size comparatively for the area, condo units have access to a large recreation deck connecting the two towers. Higher floors offer ocean views over the Waikiki and Hawaii Yachts clubs with restaurants, hotels, and beaches nearby.The lease on the twin tower complex expires in 2039. The east tower on the Diamond Head side is called the "Resolution" and the West tower on the Ewa side is named the "Endeavor. Although considere...
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