Built: 1962, 25 Units, 12 Floors, 2BR, Pets: OK (verify).
Amenities: None.
Short-term Vacation Renting: Not Allowed.
3003 Kalakaua, a fee-simple Gold Coast condo, commands spacious units with a resident manager on-site and most units including two assigned parking stalls. The residences offer unmatched views and access to the ocean, Waikiki, and Kapiolani Park, delivering natural beauty without amenities.
Units: Only two 2BR/2BA units per floor (~2,000 sq ft), some with a den occasionally listed as a 3rd bedroom, ensuring privacy and expansive space, with large lanais facing directly onto the ocean, a rare proximity enabled by pre-modern building codes.
Over the past three years, there is 1 or more years with 0 condo sales in 3003 Kalakaua, which makes making a graph not very relevant. The graph above, therefore, represents all Diamond Head condos, which provides a larger dataset and greater statistical significance for drawing meaningful conclusions.
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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.