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Honolulu County, HI Real Estate News

By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Here we are on the Windward side of Oahu. There's a reason why they call it the Windward side. As you can see, the tradewinds are really honking today. We're just off Makapuu, which is kind of the southern most of the Windward side and we're going to be making our way up the coast today to talk about the pros and cons of living in Windward Oahu... Read More
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Here I am at the Waikiki Shore in Waikiki and today we're going to talk about 3 reasons why now at the Waikiki Shore... Read More
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Hawaiʻi Craftsmen Raku Hoʻolauleʻa Exhibition 2024Through the month of May 12PM - 5PM - Tues, Weds, Thurs, Fri, Sat Raku Hoʻolauleʻa Exhibition 2024 will display raku-fired pottery created this year at the Hawaiʻi Craftsmen Raku Hoʻolauleʻa, an annual festival that celebrates the art of raku firing, a traditional Japanese pottery technique. The event brings together artists from across Hawaiʻi and around the world to fire their work during a 3-day beachside campout on the beautiful north shore of Oʻahu. Ninety-eight pieces of raku will be shown from 59 artists.  LOCATION:The ARTS at Marks Garage 1159 Nu`uanu Ave. Honolulu, HI 808-585-1965   EVENT CONTACT: Hawaii Craftsmen Christopher Edwards ChristopherEdwards@gmail.com 808-585-1965         For expert Real Estate Sales and Pet Friendly ...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
First off, we're going to start of with the single family homes and there we saw the same median sales price that we saw last month in March, which was $1.1 Million. That's a nice step up from April of '23, where it's actually a 10% increase. It was just under $1 million bucks at $999,995... Read More
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Home Sales Up Month-to-Month, Still Lag Compared to Pandemic Housing FrenzySingle-family home buyers and sellers enter contract more quickly in AprilHONOLULU – According to resale figures released this week by the Honolulu Board of REALTORS®, April witnessed an uptick in single-family home and condo sales. Single-family home sales rose by 26.0% year-over-year, totaling 262 transactions, and by 13.9% month- over-month. Similarly, condo sales saw a 2.6% rise compared to the same time last year, totaling 431 units sold and a 25.3% increase month-over-month.Despite the momentum change, sales remained at softened levels compared to recent years. Based on a 12-month moving average of sales, April’s average was approximately 40% below the peak moving averages observed in 2021 and 2022. Compare...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
When you first come up St. Louis Drive, you'll come to an intersection that forks in the road. To the left is St. Louis Drive, which runs you up the hill and takes you to the western flank of the ridge. Then, to the right is Kaminaka Drive, which takes you to the eastern flank of the hill. They are little bit different neighborhoods and there's pros and cons about both. First, we're going to dive into the western side of the hill, then we'll come back and hit the eastern side... Read More
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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, May 1, 2024  Lender Term/Type Interest Rate % Points % *APR American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 6.000 1.875 6.434 30-YR Fixed 6.750 2.125 7.052 5-YR ARM 6.250 2.000 7.611 Bank of Hawaii877-616-2636 15-YR Fixed 6.625 0.750 6.745 30-YR Fixed 6.875 1.750 7.049 5-YR ARM 6.500 0.875 7.503 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 6.000 2.125 6.484 30-YR Fixed 6.750 1.875 7.033 5-YR ARM 7.125 0.000 7.900 Finance Factors808-548-3300NMLS#449916 15-YR Fixed 6.250 2.000 6.811 30-YR Fixed 6.875 2.125 7.244 5-YR ARM 6.750 1.500 7.884 First Hawaiian Bank808-643-4...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
The tradition of lei-making continues at The 96th Lei Day Celebration! from 9 a.m. to 5 p.m. on May 1 at Kapi‘olani ParkO‘AHU – Mayor Rick Blangiardi and the Honolulu Department of Parks and Recreation (DPR) welcome everyone to celebrate one of the most recognized symbols of aloha during the 96th Lei Day Celebration! The tradition honoring Native Hawaiian culture and all things lei will be held on Wednesday, May 1, 2024 from 9 a.m. to 5 p.m. at the Kapi‘olani Park Bandstand.This year’s Lei Day theme of Komo mai kāu māpuna hoe (Dip your paddle in), invites everyone to enjoy this free event showcasing the skill and artistry of Hawai‘i’s lei makers. The event also features fantastic local entertainment and performances from hula halau. The following is the schedule of events at the bandsta...
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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, March 2024   Single Family Homes March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 4 / 3  33% 11 / 11  0% Median Sales Price $1.285/ $1.31M -2% $1.275M / $1.148M  11% Percent of Original List Price Received 90.6% / 86.7%  4% 96.0% / 93.3%  3% Median Days on Market Until Sale 74 / 9  722% 41 / 17  141% New Listings 6 / 7  -14% 18 / 21  -14% Pending Sales 10 / 5  100% 19 / 11  73% Active Inventory 17 / 23   -26% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 20 / 32  -38% 67 / 89  -25% Median Sales Price $404,250 / $590,500  -32% $500,000 / $583,000  -14% Percent of Original List Price Received 97.5% / 99.2%  -2%  98.1% / 97.8%  0% Median Days on Market Until Sale 18 / 17  6%...
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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, March 2024   Single Family Homes March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 14 / 13  8% 32 / 26  38% Median Sales Price $1.4325M / $1.675M  -14%    $1.4075M / $1.3275M  6%   Percent of Original List Price Received 98.3% / 94.9%  4% 97.3% / 94.4%  3% Median Days on Market Until Sale 11 / 54  -80% 16 / 32  -50% New Listings 11 / 10  10% 44 / 37  19% Pending Sales 17 / 17  0% 40 / 44  -9% Active Inventory 39 / 31  26% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 6 / 4   50% 32 / 26  29%  Median Sales Price $575,000 / $943,500  -39% $641,000 / $713,500  -10% Percent of Original List Price Received 99.6% / 100.0%  0% 98.9% / 100.0%  -1% Median Days on Market Until Sa...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Coming Soon.... 133 Kailuana Place Kailua, HI 86734 5 Bedrooms, 4.5 BathroomsIf you're looking for a beautiful single level home close to the beach in Kailua, look no further! High end, custom finishes with a resort -style feel set this home apart. Enjoy living in one of Oahu's most sought after neighborhoods with access to world famous white sandy beach. This Kailuana home is equipped with a gourmet kitchen and 4/5 bedrooms have en-suite bathrooms. Indoor/outdoor living with a backyard that's great for entertaining.
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 This year’s festival will take place on April 27th from 10 am to 2 pm. This will be the 9th annual festival and will officially start after an opening ceremony by students of Ka Papa Lo‘i ‘o Kānewai. The day will follow with exciting guest speakers, ukulele performance, bird tours, spotting scopes, painting with Patrick Ching and much more.  Also making its first debut is a life size Manu o Kū, Ranger Rick, and Hina, the Monk Seal.  Grab a passport and participate in the exciting learning activitiesprovided by participating groups and agencies, all focused on native species, with the Manu o Kū as their ambassador for the day.The Manu O Kū Festival is an annual event usually held in May to coincide with theUS Migratory Bird Treaty Act.  The Festival takes place on the stately Coronation...
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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, 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 David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha, this is David Buck with Harcourts Island Real Estate and today we're going to cover the local market update for single family homes and condos on Oahu for the month of March, 2024... 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  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 Theresa Harden, PB SFR e-Pro Realtor
(Hawaii Dream Realty LLC)
Oahu Housing Inventory SnapshotThe March 2024 Oahu Hawaii Housing Inventory Snapshot represents aggregated values based on Honolulu MLS data as of March 28, 2024, and shows that the Oahu housing market experienced notable trends and fluctuations across different property types. Average list prices have generally increased, particularly in the luxury single-family segment, indicating seller optimism regarding property values. However, average sold prices show more variability, with some property types experiencing declines. The luxury segment, despite longer days on market for single-family homes, demonstrates strong demand, reflected in rising prices. Additionally, while inventory has decreased in certain segments, a surge in regular condo/townhome listings suggests shifting market dyna...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Bloom Garden and Art FestivalSunday, April 21, 2024 , 10:00am-4:00pmSaturday, April 20, 2024, 10:00am-4:00pmHolo holo Ward Centre for Bloom! Garden & Art Festival on April 20th & 21st at East Village Shops in Ward Centre. From 10am to 4pm each day, discover flower and plant displays, shop for handcrafted goods, pottery, and more! PRICE:FreeLOCATION:Ward Centre (Genki Sushi side) and East Village Shops (former Pier1)1170 Auahi StHonolulu, HI  For expert Real Estate Sales and Pet Friendly Property ManagementIn Honolulu, HawaiiCONTACT HI Pro Realty TODAY! 
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Can you believe that we're already in April? This is David Buck with Harcourts Island Real Estate, here to report on the home and condo stats for March of 2024.Oahu Home StatsFirst off, we're going to dive into the single family home sales. There, we saw a dip in home sales from the previous year, which was down 2.5%.... Read More
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