bulk recordations are scheduled for December 2018 and January 2019. 6/8/2018:
Owner of the 7000 Hawaii Kai rental project is planning to convert the majority of the 269 units to condos and anticipate to offer units for sale in the fall with prices in the $479,000 to $750,000 range (2BR to 3BR). 6/8/2018: Aalii
reserved housing lottery is coming soon. From June 9th to June 17th application packages can be picked up at the Ward Village sales gallery. Studio & 1BR price ranges: $271,000 to $487,000. 6/6/2018
, Ward Village project, has scheduled bulk recordations December 2018 and January 2019. 5/31/2018
: Akoko at Hoopili
Building 2 is now taking applicants and lottery will be held June 2, 2018. 5/25/2018:
Ultra-luxury Gateway Towers condo project has been put on hold. 5/17/2018
Ward Village developer broke ground on The Central Plaza, which in its initial phase will be grass and landscaping across 1.5 acres. 4/27/2018
: Kahala By The Sea
, 6 ultra-luxury beachfront homes along Kahala Ave, will begin sales tomorrow, Saturday. Price range: $8.999M to $12.999M. 4/26/2018
: Howard Hughes has contracted on or sold more than 1,500 residences in Ward Villages since sales launched early year 2014. They are now planning to offer a 7th tower, Koula
, within the next year. 4/18/2018
: Whole Foods Market announced it will open its Kakaako location on May 9th. 4/16/2018
: An extended stay 4 story Mariott Hotel with 183 rooms and full kitchens is planned in Kapolei within the mixed-use Leihano development. 4/16/2018
: All La Pietra
townhomes are currently in process of being reroofed. 4/9/2018
: Puuwai Place
in Waipahu is near completion and just 8 homes left. 3/26/2018
: Sank Soflan, a Japanese real estate firm, purchased last year a lot with a small structure at 403 Kalaimoku St
and has recently also acquired another 5 neighboring lots with long-term plans to develop into well over 100 residential units. 3/9/2018
: YMCA sues developer for failing to redevelop its Atkinson / Ala Moana branch - read more details here
: New tax law will cause the median Honolulu homeowner to lose more than $70,000 over a 30 year fixed mortgage according to a new study - see details here
: The Central Ala Moana
- 60% affordable and 40% market priced units - is a project by SamKoo (Kapiolani Residence developer) expected to begin sales late 2018. 3/1/2018
: Kapiolani Residence
- a new condo project in Ala Moana - is on target for completion October 2018.
We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).
We count days on market from listing date through closing date.