Honolulu County, HI Real Estate News

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 )
Maintenance fees and special assessments may vary from condo complex to complex but you can expect that these costs, in general, will increase over time as the property ages. Watch this quick presentation to understand the basics.The following video is part of a series created by The Hawaii Real Estate Commission as a guide for buyers with important information concerning the purchasing of a condominium in Hawaii. Please don't hesitate to contact us at HI Pro Realty with your questions, we're here to help you with all your Real Estate needs. Enjoy the presentation! Episode 11: Important Things To Know: Maintenance Fees & Special Assessments   Stay tuned for Episode 12: Important Things To Know:Insurancecoming soon! Click the link to viewPrevious Episodes of Important Things to KnowEpiso...
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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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By Theresa Harden, PB SFR e-Pro Realtor
(Hawaii Dream Realty LLC)
The December 2021 Oahu Hawaii Housing Inventory Snapshot represents aggregated values based on Honolulu MLS data as of December 31, 2021. Each inventory category includes a link providing the current Honolulu MLS listings for that particular category. The prices presented in the table are average prices meaning that the presented price includes homes priced well below the average list price.  The table does not provide the 30-day trends for the list price, sold price, days on market or available listings. If you are interested in a more detailed table with  trend percentages, click here to register to receive the monthly report via email. Housing Inventory Snapshot  December 31, 2021    Average List Price Average Sold Price Average DOM: active/sold listings Number of Listings Honolulu ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
There are costs and expenses associated with a condominiums maintenance and management which ultimately require budgeting; this includes things like grounds keeping, repairs of common elements, and special assessment projects just to name a few. These costs are shared by the owners and realized through maintenance fees. Watch this quick presentation to understand the basics.The following video is part of a series created by The Hawaii Real Estate Commission as a guide for buyers with important information concerning the purchasing of a condominium in Hawaii. Please don't hesitate to contact us at HI Pro Realty with your questions, we're here to help you with all your Real Estate needs. Enjoy the presentation! Episode 10: Important Things To Know: Budgeting & Reserve Funding   Stay tuned...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Oʻahu’s Housing Market Marks Positive 2021 for Sellers Properties continued to sell at record speed and over the asking price amid persistent low inventory levels HONOLULU – According to resales figures released this week by the Honolulu Board of REALTORS®, the O‘ahu housing market ended 2021 with a slight decline of 10.0% in single- family home sales and a healthy 15.4% increase in condo sales year-over-year. The median sales price for single-family homes tied the previously set record in August 2021 at $1,050,000, while condos saw a median sales price of $485,000, slightly up from December 2020. 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 P...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Condominium Associations maintain a number of different records relating to the condominiums maintenance and management; this includes things like board meeting minutes, insurance policies and special assessment projects just to name a few. Some of these records are accessible to owners and available to view and some are not. Watch this quick presentation to understand the basics.The following video is part of a series created by The Hawaii Real Estate Commission as a guide for buyers with important information concerning the purchasing of a condominium in Hawaii. Please don't hesitate to contact us at HI Pro Realty with your questions, we're here to help you with all your Real Estate needs. Enjoy the presentation! Episode 9: Important Things To Know: Association Records   Stay tuned fo...
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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, January 5, 2022  Lender Term/Type Interest Rate % Points % *APR Acclaim Capital Mortgage383-5931NMLS#304090 15-YR Fixed 2.328 0.000 2.406 30-YR Fixed 3.234 0.000 3.278 5-YR ARM       Aloha Pacific Federal Credit Union531-3711NMLS#377314 15-YR Fixed 2.250 2.000 2.680 30-YR Fixed 3.000 1.875 3.231 5-YR ARM 2.500 0.500 2.864 American Savings Bank, F.S.B593-1226NMLS#423168 15-YR Fixed 2.000 2.000 2.366 30-YR Fixed 2.875 2.000 3.083 5-YR ARM       Bank of Hawaii877-616-2636NMLS# 15-YR Fixed 2.000 1.625 2.230 30-YR Fixed 2.750 2.250 2.926 5-YR ARM 2.000 2.000 2.650 Finance Factors, Ltd.548-...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Hau'oli Makahiki Hou!Happy New Year 2022  Make HI Pro Realty your Property Manager in Honolulu Why choose HI Pro Realty as your property manager? No-hassle managementElectronic owner statements that can be accessed at any time in your personal Owner PortalEmergency maintenance servicesPeriodic property evaluation and planningMarket your properties to various websites and listing services in a uniquely tailored rental listing formatThorough background checks of all prospective tenantsProvide professional lease agreements and execute leasesPerform move-in and move-out inspectionsCollect deposits, rent and late feesArrange and manage maintenance, repairs and projectsHandle evictions and take legal action, if necessaryWe specialize in PET FREINDLY management services with a Pet Rental Adde...
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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, November 2021   Single Family Homes November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 9 / 8  13%  121 / 73  66% Median Sales Price $996,000 / $1.269M  -22%   $1.1425M / $880,000 30% Percent of Original List Price Received 92.2% / 95.7%  -4% 100.0% / 96.0%  4% Median Days on Market Until Sale 27 / 43  -37% 17 / 27  -37% New Listings 12 / 10  20% 129 / 110  17% Pending Sales 17 / 11  55% 125 / 81  54% Active Inventory 12 / 24  -50% ---    Condos November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 43 / 38  13% 555 / 336  65% Median Sales Price $605,000 / $594,500  2%   $597,000 / $558,500 7% Percent of Original List Price Received 98.3% / 97.1%  1% 98.9% / 97.0%  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, November 2021   Single Family Homes November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 22 / 17  29% 259 / 176  47% Median Sales Price $1.225M / $950,000  29%   $1.2M / $965,000 24% Percent of Original List Price Received 105.6% / 100.0%  6% 100.0% / 97.7%  2% Median Days on Market Until Sale 12 / 10  20% 12 / 21  -43% New Listings 18 / 29  -38% 290 / 291  0% Pending Sales 27 / 30  -10% 277 / 233  19% Active Inventory 34 / 75  -55% ---    Condos November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 5 / 9  -44%  121 / 66  83% Median Sales Price $550,000 / $542,000  1%   $587,750 / $538,500  9% Percent of Original List Price Received 100.0% / 98.9%  1% 99.9% / 98.1%  1% Median Days on Mark...
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By Theresa Harden, PB SFR e-Pro Realtor
(Hawaii Dream Realty LLC)
The November 2021 Oahu Hawaii Housing Inventory Snapshot represents aggregated values based on Honolulu MLS data as of November 30, 2021. Each inventory category includes a link providing the current Honolulu MLS listings for that particular category. However, as noted below, the single family home markets average list price is now exceeding $1 MILLION dollars but the link is still set to only present single family homes priced under $1 MILLION dollars.  Keep in mind that the prices presented in the table are average prices meaning that the presented price includes homes priced well below the average list price.  The table does not provide the 30-day trends for the list price, sold price, days on market or available listings. If you are interested in a more detailed table with  trend p...
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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, November 2021   Single Family Homes November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 22 / 10  120% 165 / 95  74% Median Sales Price $1.6425M / $1.2075M  36%   $1.43M / $1.2M 19% Percent of Original List Price Received 100.0% / 100.5%  0% 100.0% / 97.7%  2% Median Days on Market Until Sale 18 / 15  20% 13 / 22  -41% New Listings 14 / 15  -7% 199 / 156  28% Pending Sales 15 / 12  25% 178 / 114  56% Active Inventory 23 / 45  -49% ---    Condos November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 64 / 43  49%  676 / 450  50% Median Sales Price $342,500 / $365,000  -6%   $395,000 / $375,000  5% Percent of Original List Price Received 100.0% / 98.3%  2% 98.6% / 96.8%  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 )
As a new condominium owner you should know that there are meetings conducted by the H.O.A. or A.O.A.O. board to discuss issues affecting the condominium but not all meetings are the same and some you can attend and others you cannot unless you serve on the board. Watch this quick presentation to understand the basics.The following video is part of a series created by The Hawaii Real Estate Commission as a guide for buyers with important information concerning the purchasing of a condominium in Hawaii. Please don't hesitate to contact us at HI Pro Realty with your questions, we're here to help you with all your Real Estate needs. Enjoy the presentation! Episode 8: Important Things To Know: Meetings   Stay tuned for Episode 9: Important Things To Know:Association Recordscoming soon! Click...
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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, November 2021   Single Family Homes November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 0 / 0   0%  9 / 7  29% Median Sales Price $0.0 / 0.0  0%   $1.015M / $880,000 15% Percent of Original List Price Received 0.0% / 0%  0% 100.8% / 95.2%  6% Median Days on Market Until Sale 0 / 0   0% 12 / 6  100% New Listings 2 / 2  0% 22 / 15  47% Pending Sales 3 / 0  0% 15 / 6  150% Active Inventory 3 / 6  -50% ---    Condos November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 63 / 24  163%  675 / 322 110% Median Sales Price $630,000 / $715,000  -12%   $638,000 / $669,000  -5% Percent of Original List Price Received 98.6% / 96.7%  2% 97.7% / 95.8%  2% Median Days on Market Until Sale 22 / 55  -60% 33 /...
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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, November 2021   Single Family Homes November 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 November Year to Date 2021 / 2020 Change% 2021 / 2020 Change% Closed Sales 122 / 54  126%  1,260 / 592  113% Median Sales Price $424,044 / $392,500  8%   $400,00 / $390,000 3% Percent of Original List Price Received 98.1% / 95.0%  3% 97.7% / 95.2%  3% Median Days on Market Until Sale 15 / 51 -71% 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 )
You may be aware that a condominium complex or building has its' own set of rules and regulations for residents to follow, these are known as governing documents but do you know the difference between the House Rules and Bylaws? Watch this quick presentation to understand the basics.The following video is part of a series created by The Hawaii Real Estate Commission as a guide for buyers with important information concerning the purchasing of a condominium in Hawaii. Please don't hesitate to contact us at HI Pro Realty with your questions, we're here to help you with all your Real Estate needs. Enjoy the presentation! Episode 7: Important Things To Know: Governing Documents   Stay tuned for Episode 8: Important Things To Know:Meetingscoming soon! Click the link to viewPrevious Episodes ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 The Makaha Sons - MAKAHA KALIKIMAKAFriday, December 17 and Saturday, December 18, 2021 Friday and Saturday, the Na Hoku Hanohano Award winning Makaha Sons will perform at the Historic Hawai’i Theatre their new Makaha Kalikimaka Album along with some of their poplar tunes from the past 40 years. Hele mai Downtown, take in the seasonal Honolulu City Lights and come enjoy Makaha Sons vibrant sound, full and rich, with harmonies that are their signature. Delight in their incomparable vocal arrangements and witty stage presence that have entertained and enchanted fans worldwide. Let the legacy of Hawaiian Music continue…VACCINATION CARD, ID AND MASKS REQUIRED TICKETS:$35 - $50 - Buy Tickets LOCATION:Hawaii Theatre Center1130 Bethel StHonolulu, HI CONTACT:(808) 528-0506 WEBSITE:Hawaii Theatr...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Did you know there are down payment programs that can help you save on your down payment and closing costs?Programs include: Home loans: competitive interest rates, below-market interest rates and 100-percent financing Down payment and closing cost assistance Grants for down payments, which do not have to be repaid Mortgage Credit Certificates (MCCs): Up to $2,000 in annual tax credits that are good for the life of the loan  Together, our REALTOR® members and hicentral.com work with Down Payment Resource to alert consumers when a property qualifies for one or more down payment programs. On qualified listings, you'll find this icon next to the list price. Click it to see if you qualify for down payment assistance, too. You'll learn the number of programs that may be available to you, the...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Your condominium complex or building has a process it follows when residents break the rules or conflicts arise. Each association will expect its' owners to engage in this process of conflict resolution.  Watch this quick presentation to understand the basics.The following video is part of a series created by The Hawaii Real Estate Commission as a guide for buyers with important information concerning the purchasing of a condominium in Hawaii. Please don't hesitate to contact us at HI Pro Realty with your questions, we're here to help you with all your Real Estate needs. Enjoy the presentation! Episode 6: Important Things To Know: Dispute Resolution   Stay tuned for Episode 7: Important Things To Know:Governing Documentscoming soon! Click the link to viewPrevious Episodes of Important T...
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