Built: 1968, 17 Floors with 44 Units, 2 - 3BR, Pets: OK (verify).
Amenities: None.
Short-term Vacation Renting: Not Allowed.
Ala Wai Terrace, with community laundry and a resident manager, sits just over the Ala Wai Canal bridge, blending Waikiki and Ala Moana lifestyles. Refurbished in 2009, its common areas enhance its appeal in this prime location offering endless possibilities.
Units
Mostly 2BR/1BA (673, 739, or 743 sq ft).
Lanais (128-260 sq ft) provide views of the marina, Ala Wai Canal, ocean, and stunning sunsets.
Location
Steps from Ala Moana Center, Hawaii’s largest mall with abundant shops, dining, and services.
Over the past 3 years, an average of 2.3 fee simple condos sold per year in Ala Wai Terrace. With so few sales, this graph may not fully reflect market trends.
The Ala Wai Terrace graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
Ala Wai Terrace Market Summary (December '24 - November '25 vs December '23 - November '24)
Median Sales Price: $455,000 vs $510,000 — down 10.78%
Number of Sales: 1 vs 3 — down 66.67%
List-to-Sale Price Ratio: 99.13% vs 97.14% — up 2.05%
We are a team of licensed real estate agents with decades of experience and in-depth knowledge of the pros & cons of every Waikiki building and each residence type within them. For an informed decision when making your purchase, contact us here at Hawaii Living.
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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.