Queen Emma Gardens, a condo in Downtown Honolulu designed by Yamasaki & Associates (known for the World Trade Center), feels like a serene retreat with its three buildings and extensive grounds ringed by trees, distancing you from the nearby urban bustle. Reflecting the architects’ Japanese heritage, the property features koi ponds, picturesque tea houses, and community laundry.
Offering diverse floor plans - Studios (361 or 417 sq ft), 1BR/1BA (548-674 sq ft), 2BR/1BA (667-787 sq ft), and 2BR/2BA (785 or 1,035 sq ft) - with lanais (66-110 sq ft) on some units, it provides ample living options.
Over the past 3 years, an average of 20 fee simple condos sold per year in Queen Emma Gardens. This moderate sample size provides a reasonable view of market trends, but some variability may exist.
The Queen Emma Gardens graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
Queen Emma Gardens Market Summary (February '25 - January '26 vs February '24 - January '25)
Median Sales Price: $301,500 vs $360,000 — down 16.25%
Number of Sales: 20 vs 17 — up 17.65%
List-to-Sale Price Ratio: 98.05% vs 98.63% — down 0.59%
Median Days on Market: 40 vs 26 — up 53.85%
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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.