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Honolulu, HI Real Estate News

By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Waikiki Honolulu, November 2023   Single Family Homes November Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 0 / 0  0%  0 / 2  -100% Median Sales Price $0 / $0  0% $0 / $1.7375M  0% Percent of Original List Price Received 0 / 0%  0% 0 / 96.1%  0% Median Days on Market Until Sale 0 / 0  0% 0 / 88  0% New Listings 0 / 0  0% 0 / 1  -100% Pending Sales 0 / 0  0% 0 / 2  -100% Active Inventory 0 / 0  0% ---    Condos November Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 77 / 67  15% 1005 / 1207  -17% Median Sales Price $507,000 / $387,000  31%   $425,000 / $425,000  0% Percent of Original List Price Received 95.7% / 98.5%  4%  97.1% / 98.8%  -2% Median Days on Market Until Sale 24 / 23  10% 27 / 20  35% New Listings 106  / 145  -...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Mele Kalikimaka Marketplace Gift & Craft Fair Saturday, December 16, 2023 , 10:00AM-5:00PMSunday, December 17, 2023, 10:00AM-8:00PM Mele Kalikimaka Marketplace, Honolulu’s gift and craft fair, the place to local holiday shop for made in Hawaiʻi products, holiday gifts and crafts.  The 2-day event is Hawaii’s premier local holiday shopping emporium, showcasing local food products, made in Hawaiʻi products, gifts, books, apparel, jewelry, crafts, and other consumer goods.  Featuring: local gourmet gifts, prepackaged gift baskets, holiday pop up shops, a Candy Land, year-end inventory specials from manufacturers, distributors, wholesalers, retailers, and more.  Shop from over 250 plus vendors at the Mele Kalikimaka. PRICE:$6 General Admission, $4 for Seniors, Military, & Kids 12 yrs free L...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 DISPOSING OF HOUSEHOLD HAZARDOUS WASTEResidential households with small quantities of any type of Household Hazardous Waste have different disposal options. Depending on the type of material needed to be disposed, residents can flush some materials down the drain, absorb some fluids and place in the trash, directly dispose of some items in the trash or schedule a drop-off in one of the City's Household Hazardous Waste drop-off events. Schedule an Appointment to Drop-OffMaterials which present serious health and safety hazards, including pesticides and highly flammable substances like gasoline and kerosene, require special handling. Please schedule an appointment if you need to dispose of the following materials:  Acetone, Aluminum Cleaner, Antifreeze, Arsenic, Boric Acid, Chlordane, Co...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
O‘ahu Home Sales Remain Sluggish Amid Holiday SeasonMedian sales prices steady month over monthAccording to resale figures released this week by the Honolulu Board of REALTORS®, November property sales declined slightly year-over-year, with total combined sales for the month dipping about 8% compared to November 2022. Single-family home sales declined by 6.3%, while the condo market saw an 8.8% decrease.Both markets saw median sales prices in November that closely resembled October 2023 figures. Year-over-year, the median price of a single-family home dipped 4.3% to $1,100,055. Conversely, condos marked a 7.5% increase to $516,179.Using data collected from its computerized Multiple Listing Service (MLS) system, the Board reported the following statistics: Single-Family Home Resales   Nu...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
HOLIDAY ART FAIR        Until Dec. 29thFeaturing Windward Artists Guild and The Association of Hawaii Artists.GALLERY HOURS:Tuesday - Saturday 12-5 PMFinal Closing Reception:Friday Pau Hana December 29, 2023 - 5-8 PM LOCATION:The ARTS at Marks Garage, 1159 Nuuanu Ave, Honolulu, HI 96817, USA    For expert Real Estate Sales and Pet Friendly Property ManagementIn Honolulu, HawaiiCONTACT HI Pro Realty TODAY!  
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
               Latest rates, based on 20 percent down, $200,000 owner-occupant mortgages. The rates and terms may vary; check with lenders for details. Rates may have changed click here to verifyWednesday, November 30, 2023  Lender Term/Type Interest Rate % Points % *APR Aloha Pacific Federal Credit Union808-531-3711NMLS#377314 15-YR Fixed 5.625 2.000 6.120 30-YR Fixed 6.375 1.625 6.647 5-YR ARM 6.000 1.625 6.264 American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.625 2.125 6.090 30-YR Fixed 6.250 2.000 6.528 5-YR ARM 6.000 1.625 7.399 Bank of Hawaii877-616-2636 15-YR Fixed 6.250 0.875 6.389 30-YR Fixed 6.375 2.000 6.569 5-YR ARM 6.250 0.875 7.387 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 5.875 2.000 6.335 30-YR Fixed 6.375 2.000 6.661 5-YR ARM 7.500 0.000 8.056 Fin...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Downtown and Nu'uanu Honolulu, October 2023   Single Family Homes October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 8 / 4  100% 46 / 68  -32% Median Sales Price $1.15M / $961,000  20% $1.1235M / $1.2975M  -13%  Percent of Original List Price Received 95.6% / 104.4%  -8%  95.6% / 100.0%  -4%  Median Days on Market Until Sale 44 / 9  389% 27 / 10  170% New Listings 10 / 8  25% 75 / 84  -11%  Pending Sales 5 / 6  -17% 55 / 61  -10% Active Inventory 21 / 24  -13% ---    Condos October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 24 / 37  -35% 274 / 451  -39% Median Sales Price $572,500 / $630,000  -9%   $560,000 / $545,000  3% Percent of Original List Price Received 99.0% / 98.6%  0% 98.1% / 100.0%  -2% Median Days on Marke...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Celebrate the Season with A Pinch of SALTSaturday, December 02, 2023 , 10:00am-3:00pm Holo holo Our Kaka'ako and delve into the seasonal excitement on Saturday, December 2, starting at 10am for the annual ‘A Pinch of SALT’ festive PET FRIENDLY shopping event!  At pop-up locations throughout the center, discover unique treasures, support talented Hawaiʻi designers, and enjoy a day of local kine shopping, just in time for the holidays! Plus, during this special event and all throughout the holiday season, you’ll have access to their many retailers and restaurants!  PRICE:Free LOCATION:SALT at Our Kaka'ako691 Auahi StHonolulu, HI  For expert Real Estate Sales and Pet Friendly Property ManagementIn Honolulu, HawaiiCONTACT HI Pro Realty TODAY!
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Diamond Head & Kapahulu Honolulu, October 2023   Single Family Homes October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 17 / 14  21%  117 / 182  -36%  Median Sales Price $1.11M / $1.25M  -11%   $1.305M / $1.3565M  -4%  Percent of Original List Price Received 102.2% / 100.0%  2% 97.5% / 100.0%  -3% Median Days on Market Until Sale 10 / 9  11%  19 / 12  58% New Listings 23 / 15  53% 168 / 207  -19% Pending Sales 15 / 11  36% 143 / 178  -20% Active Inventory 43 / 30  43% ---    Condos October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 6 / 7  -14%  54 / 86  -37%  Median Sales Price $1.115M / $825,000  35% $1.015 / $650,000  56% Percent of Original List Price Received 97.0% / 94.8%  2% 98.9% / 100.0%  -1%    Median Days on ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Makiki & Moili'ili Honolulu, October 2023   Single Family Homes October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 8 / 6  33%   77 / 108  -29%  Median Sales Price $1.3125M / $1.7345M   -24%  $1.51M / $1.6M  -6%   Percent of Original List Price Received 90.2% / 95.8%  -6% 96.3% / 100.4%  -4% Median Days on Market Until Sale 68 / 27   152% 18 / 13  38% New Listings 9 / 9  0% 125 / 137  -9% Pending Sales 6 / 7  -14% 91 / 113  -19% Active Inventory 33 / 24  38% ---    Condos October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 42 / 54  -22% 420 / 637  -34%  Median Sales Price $402,000 / $409,500  -2%   $408,000 / $410,000  0%  Percent of Original List Price Received 99.1% / 100.0%  -1% 98.8% / 100.0%  -1% Median Days on Mark...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Ho‘omau Hawai’i MākekeSat, November 25, 10:30am-5:00pm & Sun, November 26, 2023, 10:30am-4:00pmHo‘omau Hawai‘i Market returns Saturday, November 25 and Sunday, November 26, 2023 at the Hilton Hawaiian Village in the Coral Ballrooms for a weekend celebrating Hawaiian culture and local artistry.Established by Mahina Made, a renowned Hawai‘i fashion and lifestyle brand, Ho‘omau Hawai‘i Market is a bi-annual pop-up mākeke with a special focus on honoring and preserving Hawaiian heritage during the holiday season. The event proudly showcases a diverse array of local businesses, owned by Native Hawaiians and residents, offering an exquisite range of holiday-themed products, from handcrafted accessories to festive home decor, all infused with the spirit of Hawaii.Shoppers will have the opport...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Ala Moana & Kaka'ako Honolulu, October 2023   Single Family Homes October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 1 / 1   7 / 7  0%  Median Sales Price $1.04M/ $900,000  16% $1.2375M / $1.325M  -8% Percent of Original List Price Received 100.0% / 106.0%  -6% 95.9% / 100.0%  -4% Median Days on Market Until Sale 1 / 150  -99% 10 / 22  -55% New Listings 4 / 0  0% 11 / 12  -8% Pending Sales 1 / 1  0% 5 / 8  -38% Active Inventory 4 / 2  100.0% ---    Condos October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 59 / 59  0%  471 / 659  -29% Median Sales Price $685,000 / $880,000  -22% $680,000 / $760,000  -9% Percent of Original List Price Received 97.6% / 97.5%  0% 97.0% / 97.9%  -1% Median Days on Market Until Sale 27 / 35 ...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Waikiki Honolulu, October 2023   Single Family Homes October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 0 / 1  -100% 0 / 2  -100% Median Sales Price $0 / $1.975  0% $0 / $1.7375M  0% Percent of Original List Price Received 0 / 101.3%  0% 0 / 96.1%  0% Median Days on Market Until Sale 0 / 73  0% 0 / 88  0% New Listings 0 / 0  0% 0 / 1  -100% Pending Sales 0 / 0  0% 0 / 2  -100% Active Inventory 0 / 0  0% ---    Condos October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 110 / 96  15% 928 / 1140  -19% Median Sales Price $457,500 / $381,500  20%   $421,000 / $425,000  -1% Percent of Original List Price Received 96.7% / 97.2%  -1% 97.2% / 98.8%  -2% Median Days on Market Until Sale 32 / 29  10% 27 / 19  42% New Listings 152 ...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
With 572 units at the Marco Polo, there are only 4 for sale today. That's less than 1% of the inventory. We're working with a cash buyer that's looking for one ASAP. Read more.
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Keali'i Reichel at the Blue NoteThursday, November 16th -19th, 2023 , 6:30pmKeali‘i Reichel has been at the forefront in the revival and perpetuation of Hawaiian culture. He is a world class performer, best-selling recording artist, multiple award-winning kumu hula, prolific composer, renowned chanter, choreographer, dancer, crafter, scholar and teacher.In 2011 he was inducted into the Hawaiian Music Hall of Fame for achievement in all facets of Hawaiian music, chant and hula. He has received Grammy nominations for his 2004 CD Keʻalaokamaile and his 2015 release Kawaiokalena, and 36 Nā Hōkū Hanohano awards over a musical career spanning 25 years.Despite critical acclaim and fame, Kealiʻi is a Kumu Hula at his core.  His commitment to the perpetuation of his ancestor’s teachings and valu...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
URGENT: HELP NEEDED!The Hawaiian Humane Society is beyond critical capacity for the animals in their care. They need YOU! Come in to the Mo'iliili or Kosasa Family campuses to foster or adopt today to help alleviate the shelter space crisis. There is a Veterans Day adoption event this weekend until Nov. 15th with 100% off adoption fees!  Hawaiʻi’s high cost of living and lack of affordable, pet-friendly housing are often cited as the reasons individuals are forced to make the difficult decision to surrender their pets. With shelters and their partner rescue organizations full, they need you – all of the animal lovers in our community – to step up and help. Hawaiian Humane’s Pet Kōkua Outreach program helps keep pets with their families through its Pet Food Bank, wellness clinics and acc...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  The Great Hawaiian Smokeout Friday, November 10, 2023 , 12:00PM-8:00PM and Saturday, November 11, 2023, 12:00PM-8:00PM Veteran's Day Weekend just got a little bit tastier!   Celebrate Veterans Day with a smokin' hot family event at Fort DeRussy in Waikiki on November 10th and 11th. Bring your friends and family for a weekend of mouthwatering BBQ, refreshing drinks, and good vibes as we celebrate and honor veterans and first responders. Whether you're a BBQ enthusiast or just love to grub on some finger-lickin' treats, this event is a must-attend if you want to be the judge of the best bbq in town. Come and enjoy LIVE music, a beer garden by Beer Lab HI, food and craft vendors, bounce houses for kids and a cornhole tournament! Live Performances Include: Payton Sullivan John Akapo Over...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
O‘ahu Home Sales Cool Amid Rising Mortgage Rates, Seasonal SlowdownFewer properties are selling at the original asking price or higherAccording to resale figures released this week by the Honolulu Board of REALTORS®, sales volume remained stable in October, with both single-family homes and condos experiencing moderate year-over-year declines of 4.1% and 8.3%, respectively. The median sales price for single-family homes in October increased 4.8% to $1,100,000 while condos experienced a minor 1.0% decrease, ending the month at $515,000.Using data collected from its computerized Multiple Listing Service (MLS) system, the Board reported the following statistics: Single-Family Home Resales   Number of Sales Median Sales Price October 2023 213  -4.1% $1,100,000  +4.8% October 2022 222 $1,050...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
               Latest rates, based on 20 percent down, $200,000 owner-occupant mortgages. The rates and terms may vary; check with lenders for details. Rates may have changed click here to verifyWednesday, November 1, 2023  Lender Term/Type Interest Rate % Points % *APR Aloha Pacific Federal Credit Union808-531-3711NMLS#377314 15-YR Fixed 6.500 1.500 6.931 30-YR Fixed 7.000 1.875 7.311 5-YR ARM 6.500 1.750 6.787 American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 6.375 2.125 6.859 30-YR Fixed 7.125 1.875 7.411 5-YR ARM 7.000 1.500 7.872 Bank of Hawaii877-616-2636 15-YR Fixed 6.750 1.250 6.951 30-YR Fixed 7.500 0.625 7.564 5-YR ARM 6.750 1.250 7.657 Central Pacific Bank808-544-0500NMLS#416603 15-YR Fixed 6.625 1.875 7.083 30-YR Fixed 7.125 2.000 7.430 5-YR ARM 7.750 0.000 8.161 Fina...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Downtown and Nu'uanu Honolulu, September 2023   Single Family Homes September Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 6 / 5  20% 38 / 64  -41% Median Sales Price $1.370M / $1.4M  -23%  $1.1235M / $1.325M  -15%  Percent of Original List Price Received 98.4% / 95.2%  3%  95.5% / 100.0%  -5%  Median Days on Market Until Sale 20 / 22  -9% 17 / 10  70% New Listings 12 / 10  20% 65 / 76  -14%  Pending Sales 9 / 4  125% 50 / 55 -9% Active Inventory 17 / 21  -19% ---    Condos September Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 30 / 45  -33% 250 / 414  -40% Median Sales Price $544,000 / $470,000  16%   $562,500 / $540,000  4% Percent of Original List Price Received 99.0% / 98.9%  0% 98.0% / 100.0%  -2% Median Days on Marke...
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