Built: 1963, Studios, 218 Units, 10 Floors, Pets: OK (verify)
Amenities: Pool.
Short-term Vacation Renting: Allowed.
Waikiki Grand Hotel, a condotel (short-term vacation renting allowed) with community laundry, a restaurant, large lobby, and 24-hour security, sits on Kapahulu Ave, less than half a block from Queens Beach, directly across from Honolulu Zoo and Kapiolani Park’s green spaces, with Diamond Head and ocean views
Units: Mostly Studio/1BA (195-384 sq ft), with one 1BR/2BA (478 sq ft); some have lanais (48-51 sq ft).
Over the past 3 years, an average of 6.3 fee simple condos sold per year in Waikiki Grand Hotel. This small sample size means the graph may not capture the full market picture.
The Waikiki Grand Hotel 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.
