Built: 1984, 510 Units in 2 Structures, 41 Floors, Pets: No.
Amenities: Pool, Hot Tub, Gym, Sauna, BBQ, Recreation Area.
Short-term Vacation Renting: Allowed.
Executive Centre, a mixed-use condotel in Honolulu's busines district, stands out with its unique BMX-4 zoning, the only building in the area allowing commercial, residential, and short-term vacation rentals, operated by Aston at the Executive Centre Hotel with full services from front desk to maid service.
Predominantly offering 1BR units (450-798 sq ft), it also includes Studios (372-400 sq ft), 1BR/1.5BA (967-1,217 sq ft), and unique open layouts (~370-1,200 sq ft) across ~49 floor plans, some split-level townhouse-style, designed for customization as offices, homes, or both, with most featuring full kitchens.
Mainly fee simple (expires 2053) with some leasehold units (expires 2053), it provides a great amenities deck and community laundry. While most units lack lanais, the few with them enjoy substantial outdoor spaces (308-575 sq ft).
Executive Centre is a condo with a mix of fee simple and leasehold units. Consequently, a performance graph specific to Executive Centre may be less indicative of market trends. Therefore, the graph above depicts the fee simple performance of Downtown Honolulu condos, offering a more meaningful representation of the surrounding market.
Downtown Honolulu Market Summary
(Feb '25 - Jan '26 vs Feb '24 - Jan '25)
$420,000
2.10%
vs $429,000 prior 12 months
Median Sales Price
119
6.30%
vs 127 prior 12 months
Number of Sales
98.82%
1.18%
vs 100% prior 12 months
List-to-Sale Price Ratio
57
72.73%
vs 33 prior 12 months
Median Days on Market
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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.
