Built: 1963, 5 Stories, 162 Units, Studio - 2BR, Pets: OK (verify).
Amenities: Pool, Meeting Room.
Short-term Vacation Renting: Not Allowed.
Developer: Peter Savio.
Rycroft Terrace, originally part of the Pagoda Hotel, was extensively remodeled and converted into an affordable condo in 2014 after Kamehameha Schools sold it to developer Peter Savio under a reserved housing agreement, offering Studio (304-312 sq ft), 1BR (495-616 sq ft), and 2BR (649-737 sq ft) units with some featuring lanais (82-123 sq ft).
The condo is located near Don Quijote, Walmart, Keeaumoku’s restaurants, Ala Moana Center, and Ala Moana Beach Park.
Over the past 3 years, an average of 4.3 fee simple condos sold per year in Rycroft Terrace. With so few sales, this graph may not fully reflect market trends.
The Rycroft Terrace graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
We are a team of licensed real estate agents with decades of experience and in-depth knowledge of the pros & cons of every Ala Moana 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.
