Amenities: Pool, Hot Tub, Gym, Billiards Room, BBQ, Spa Treatment Room, Recreation Room.
Developer: Caribou Industries.
Short-term Vacation Renting: Not Allowed.
The Pinnacle Honolulu, a luxury condo developed by Caribou Industries (led by Michael Harrah, known for revitalizing Downtown Santa Ana, California), stands as the most luxurious condo in Honolulu’s Downtown business district.
Offering half-floor (~1,500 sq ft, including private foyer) or full-floor (>3,000 sq ft) residences, each unit features an elevator opening to a large private foyer, a private trash chute on the lanai, 9.5ft ceilings, chef-worthy kitchens, double-paned floor-to-ceiling windows, with Diamond Head-facing units preferred for cooler air and expansive mountain views from living rooms.
Over the past 3 years, an average of 2 fee simple condos sold per year in The Pinnacle Honolulu. With so few sales, this graph may not fully reflect market trends.
The The Pinnacle Honolulu graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
The Pinnacle Honolulu Market Summary
(Feb '25 - Jan '26 vs Feb '24 - Jan '25)
$1,850,000
2.78%
vs $1,800,000 prior 12 months
Median Sales Price
3
200.00%
vs 1 prior 12 months
Number of Sales
88.6%
11.40%
vs 100% prior 12 months
List-to-Sale Price Ratio
84
34.88%
vs 129 prior 12 months
Median Days on Market
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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.
