Built: 1977, 36 1 & 2 BR in 6-Story Building on 15,088 Sq Ft.
Amenities: Pool, Recreation Area.
Short-term Vacation Renting: Not Allowed.
Developer: Ward Development Co.
Ward Villa is located on Ward Ave, one of Honolulu’s main streets, but on a less traveled section of it above where H-1 runs through the area. The concrete building has six stories, though the residences do not start until the second, with the ground floor used for resident parking. Units are divided equally into eighteen one and two bedroom layouts with, respectively, 459 and 544 Sq Ft interiors as well as a small lanai space outside.
Each condo has one assigned, covered parking space. Window A/C units are in most residences, some also having ceiling fans. A shared laundry facility is on the 2nd floor for residents to use. The building has an elevator for residents on the upper floors.
Although they cannot see out to the ocean, residents do have mountain and city views to enjoy.
Over the past three years, there is 1 or more years with 0 condo sales in Ward Villa, which makes making a graph not very relevant. The graph above, therefore, represents all Punchbowl condos, which provides a larger dataset and greater statistical significance for drawing meaningful conclusions.
Punchbowl Market Summary (February '25 - January '26 vs February '24 - January '25)
Median Sales Price: $393,000 vs $399,000 — down 1.50%
Number of Sales: 75 vs 109 — down 31.19%
List-to-Sale Price Ratio: 98.5% vs 100% — down 1.50%
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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.
