Oahu Real Estate News
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.
3/8/2018: 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.
3/6/2018:
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.
2/15/2018: Developer of
Trump Tower Waikiki has 8 units left in their inventory and developer of
Ritz-Carlton Waikiki (same developer as Trump) has 5 units left in their East Tower inventory (under construction).
2/13/2018:
Aalii unrestricted sales will begin March 3, 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.
