Built: 1962, 133 Units, 25 Floors, Studio - 2BR, Pets: OK (verify).
Amenities: Pool, Fitness Center, Sauna.
Short-term Vacation Renting: Not Allowed.
Foster Tower, the first residential condo over 16 stories tall in Waikiki, boasts a prime spot on Kalakaua Ave, directly across from a central stretch of Waikiki Beach - a rare position for residential buildings, typically set inland while hotels claim oceanfront lots.
Over the past 3 years, an average of 4.3 fee simple condos sold per year in Foster Tower. With so few sales, this graph may not fully reflect market trends.
The Foster Tower graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
Waikiki has unique short-term rental rules. We are local real estate agents who know the local market and its regulations very well. Contact us when you are considering purchasing to get the best advice possible.
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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.
