Amenities: Pool, Hot Tub, Fitness Room, 2 Tennis Courts, Sauna, Recreation Area, BBQ, Putting Green, Dog Park.
Short-term Vacation Renting: Not Allowed.
Developer: Bruce Stark.
The Royal Iolani, a two-tower condo complex next to Iolani School, features spacious 1BR (792-915 sq ft), 2BR (1081-1227 sq ft), and 3BR (1187 sq ft) units with large lanais (up to 321 sq ft) and only four units per floor, ensuring privacy and expansive views of Diamond Head and Waikiki’s lights.
Royal Iolani is a condo with a mix of fee simple and leasehold units. Consequently, a performance graph specific to Royal Iolani may be less indicative of market trends. Therefore, the graph above depicts the fee simple performance of Kapiolani condos, offering a more meaningful representation of the surrounding market.
Kapiolani Market Summary (December '24 - November '25 vs December '23 - November '24)
Median Sales Price: $414,167 vs $420,000 — down 1.39%
Number of Sales: 168 vs 163 — up 3.07%
List-to-Sale Price Ratio: 98.61% vs 98.82% — down 0.21%
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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.