Seashore, a condotel half a block from Kuhio Beach, offers a prime location with a minute’s walk to the ocean, ideal for short-term rentals despite lacking hotel services.
Units
Mostly Studio/1BA (267 or 269 sq ft), 9 1BR/2BA (467 sq ft), and one 2BR/2BA (867 sq ft).
Lanais: 67 sq ft (studios), 134 sq ft (1BRs), with views of Waikiki’s vibrant city life, ocean, and sunsets.
Over the past 3 years, an average of 1.3 fee simple condos sold per year in Seashore Waikiki. With so few sales, this graph may not fully reflect market trends.
The Seashore Waikiki graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
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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.