Honolulu County, HI Real Estate News

By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Steep Competition, High Demand Drives Record-Setting Month for O‘ahu Real Estate  Median sales price for a single-family home reaches $978,000 in May    HONOLULU – According to resales figures released this week by the Honolulu Board of REALTORS®, closed sales of single-family homes climbed 63.3% and more than doubled for condos with 135.4% more sales compared to this time last year on O‘ahu. In stark contrast to the low activity of May 2020 amid pandemic uncertainties, May 2021 set new records with the median sales price of a single-family home rising to $978,000 – breaking the previous record of $950,000 set in March 2021 – and properties flying off the market at an unprecedented pace.   Using data collected from its computerized Multiple Listing Service (MLS) system, the Board rep...
Comments 1
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Ho'omau Hawaii Market   *Saturday, June 12, 2021 10:00 am - 3:00 pm   *Sunday, June 13, 2021 10:00 am - 3:00 pm   International Market Place 2330 Kalakaua Avenue Honolulu, HI     International Market Place is hosting the launch of Ho'omau Hawaii Market, a pop-up market featuring Native Hawaiian-owned businesses, featuring local designers and artists such as Mahina Made, Jules + Gem, Kahua Aina, Hawaii’s Heritage Jewelers, and Lahaole Designs, Ho'omau Hawaii Market will be located on Level 3, Grand Lanai.     ADMISSION: Free   LOCATION: International Market Place Directions   WEBSITE: Hoomau Hawaii Market       For Expert Real Estate Sales and Pet Friendly Property Management in Honolulu, Hawaii CONTACT HI Pro Realty TODAY!          
Comments 1
By Theresa Harden, PB SFR e-Pro Realtor
(Hawaii Dream Realty LLC)
The May 2021 Oahu Hawaii Housing Inventory Snapshot represents aggregated values based on Honolulu MLS data as of May 31, 2021. Each inventory category includes a link providing the current Honolulu MLS listings for that particular category. The table does not provide the 30-day trends for the list price, sold price, days on market or available listings. If you are interested in a more detailed table with  trend percentages, click here to register to receive the monthly report via email. The 30-day trend for the average list price for single family homes, luxury single family homes, and condominiums/townhomes remained relatively steady. While luxury single family homes had a slight uptick in the average list price and a significant uptick in the 30-day trend for average sold price. Inv...
Comments 1
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 POW! WOW! The First Decade: From Hawaii to the WorldFRIDAY, JUNE 4, 2021 until SUNDAY,SEPTEMBER 19, 2021, 9:00AM - 5:00PM The Bishop Museum hosts a new, original exhibition, POW! WOW! The First Decade: From Hawaii to the World presented by Hawaiian Airlines.  Celebrating 10 years of POW! WOW! The exhibition provides a dramatic visual experience showcasing some of the most notable street artists and sculptors from Hawaii and around the world.  In partnership with this exhibit, Bishop Museum’s vast collections, galleries, and outdoor spaces provide an immersive contemporary art experience that bridges traditional culture, contemporary creative expression, and indigenous perspectives.  POW! WOW! and its creators showcase their art – in both indoor gallery spaces and outdoors on the Museum...
Comments 2
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, June 2, 2021 Lender Term/Type Interest Rate % Points % *APR Acclaim Capital Mortgage383-5931NMLS#304090 15-YR Fixed 2.145 0.000 2.222 30-YR Fixed 2.875 0.000 2.918 5-YR ARM       Aloha Pacific Federal Credit Union531-3711NMLS#377314 15-YR Fixed 2.125 1.375 2.462 30-YR Fixed 2.750 1.750 2.967 5-YR ARM 2.500 0.500 2.615 American Savings Bank, F.S.B593-1226NMLS#423168 15-YR Fixed 2.000 1.625 2.312 30-YR Fixed 2.750 1.625 2.926 5-YR ARM       Bank of Hawaii877-616-2636NMLS# 15-YR Fixed 2.250 0.625 2.338 30-YR Fixed 2.750 1.375 2.857 5-YR ARM 2.125 0.125 2.549 Central Pacific Bank544-0500NMLS#416603 15-...
Comments 0
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Local Market Update - Downtown and Nu'uanu Honolulu, April 2021  Single Family Homes April Year to Date 2021 / 2020 Change 2021 / 2020 Change New Listings 9 /  9  0% 44 / 40  10% Closed Sales 15 / 6  150% 46 / 22  109% Median Sales Price $990K / $975K 2%  $1.115M / $927K 20%  Percent  Original  List Price Received 99.5% / 98.0%  2% 98.7% / 95.4%  3% Median Days on  Market Until Sale 9 / 24  -63% 15 / 29  -48% Inventory of Homes for Sale 26 / 30  -13% ---   Condos April Year to Date 2021 / 2020 Change 2021 / 2020 Change New Listings 66 / 22  200% 249 / 180  38% Closed Sales 67/ 27  148% 174 / 122 43% Median Sales Price $575,000 / $455,000  26% $590,000 / $570,000  4% Percent Original  List Price Received 99.1% / 98.5%  1% 98.6% / 97.0%  2% Median Days on  Market Until Sale 18 / 39  -54%...
Comments 1
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Local Market Update: Diamond Head & Kapahulu April 2021   Single Family  Homes April Year to Date 2021 / 2020 Change 2021 / 2020 Change New Listings 33 / 17 94% 106 / 90 18% Closed  Sales 24 / 10 140% 89 /  44 102% Median Sales Price $1.1625M / $1.04M 12% $1.1445M / $942.5K 21% Percent of Original  List Price Received 99.7% / 98.1% 2% 98.4% / 95.5% 3% Median Days on Market Until Sale 9 / 21 -57% 18 / 37 -51% Inventory of Homes for Sale 78 / 96 -19% --- Condos April Year to Date 2021 / 2020 Change 2021 / 2020 Change New  Listings 21 / 8 163% 55 / 37 49% Closed  Sales 12 / 3 300% 48 / 18 167% Median  Sales Price $521,500 / $548,000 -5% $577,500 / $600,000 -4% Percent of Original  List Price Received   99.5% / 97.3% 2% 98.5% / 99.0% -1% Median Days on  Market Until Sale 31 / 23 35% 27 / 2...
Comments 0
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Local Market Update - Makiki and Moili‘ili Honolulu, April 2021  Single  Family Homes April Year to Date 2021 / 2020 Change 2021/ 2020 Change New Listings 21 / 3  600% 74 / 60  23% Closed Sales 15 / 7  114% 51 / 34  50% Median Sales Price  $1.295M / $920K 41% $1.43M / $1.19M  20% Percent of Original  List Price Received 98.9% / 97.1%  2% 97.7% / 94.3%  4% Median Days on Market Until Sale 21 / 9  133% 22 / 33  -33% Inventory of Homes for Sale 55 / 59  -7% ---    Condos April Year to Date 2021 / 2020 Change 2021 / 2020 Change New Listings 73 / 39  87% 280 / 2523  11% Closed Sales 63 / 43  47% 212 / 156 36% Median Sales Price $382,500 / $419,000  -9% $375,000 / $388,000  -3% Percent of Original List Price Received 99.0% / 96.4%  3% 98.0% / 96.6%  1% Median Days on Market Until Sale 16 / 2...
Comments 2
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
   The Hawaiian Humane Society’s foster care program helps animals in need of temporary tender, loving care. Shelter animals in need of care may be too young, underweight, ill, injured, recovering from surgery or require more socialization before being ready for adoption. The Humane Society provides foster volunteers with basic supplies and medical care for the pets. Foster volunteers are responsible for transportation to and from the shelter for pick up and mandatory check up appointments. The foster care period may vary depending on the animal’s needs and may last anywhere from 2 weeks to several months. Foster Volunteers must be at least 18 years of age. To become a volunteer, sign up for an orientation and learn more about the program and care requirements.  Call 356-2229 or email F...
Comments 2
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update - Ala Moana and Kaka‘ako Honolulu - April 2021   Single   Family Homes April Year to Date 2021 / 2020 Change           2021 / 2020 Change New Listings 3 / 0  0% 12 / 4  200% Closed Sales 2 / 0  0% 4 / 4  0% Median Sales Price $1.0575M / $0.0  0% $1.0575M / $927K  14% Percent of Original List Price Received 91.4% / 0.0%  0% 98.1% / 93.9%  4% Median Days on Market Until Sale 48 / 0  0% 10 / 15  -33% Inventory of Homes for Sale 8 / 0  0% ---        Condos   April Year to Date 2021 / 2020 Change 2021 / 2020 Change New Listings 71  /  49  45% 294  /  281  5% Closed Sales 55 / 25  120% 183 / 139  32% Median Sales Price $450K / $799K -44% $526.26K / $697.5K -25% Percent of Original List Price Received 97.7% / 97.9%  0% 96.7% / 96.6%  0% Median Days on Market Until Sale 28...
Comments 0
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Local Market Update - The Waikiki Neighborhood of Honolulu - April 2021  Single Family Homes April Year to Date 2021 / 2020 Change 2021 / 2020 Change New Listings 0 / 0  0% 1 / 2  -50% Closed Sales 0 / 0  0% 1 / 0  0% Median Sales Price $0.0 / $0.0  0% $1,100,000 / $0.0  0% Percent of Original  List Price  Received 0.0% / 0.0% 110.4% / 0.0%  0% Median Days on Market Until Sale 0 / 0  0% 5 / 0  0% Inventory of Homes for Sale 1 / 2  -50% ---                     Condos April Year to Date 2021 / 2020 Change 2021 / 2020 Change New Listings 124 / 116  7% 567 / 531  7% Closed Sales 127 / 57  123% 368 / 256  21% Median Sales Price $400,000 / $365,000 10% $396,000 / $391,000 1% Percent of Original  List Price  Received 96.0% / 97.2%  -1% 96.0% / 95.5%  1% Median Days on Market Until Sale 40 / 3...
Comments 0
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Bishop Museum’s J. Watumull Planetarium PresentsNavigating by the Stars Online: IwikuamoʻoMay 19, 2021, 7:00 – 8:00 p.m. All ages welcome. Online Registration Required (Registration closes at 6 pm, an hour before the scheduled program) register here COST:  $6 flat rate per login Members: FREE* *Registration is free for Bishop Museum Members, but you must register to receive the link to the show. Not a member? Join today! Livestreamed from the J. Watumull Planetarium at Bishop Museum. Join Bishop Museum Planetarium educators and Hōkūleʻa navigator and Honolulu Community College Hoʻokele Instructor Kaʻiulani Murphy from the comfort of your own home!  Talks include an introduction to the night sky and celestial navigation, and will feature the Hawaiian star line most prominent that month. ...
Comments 2
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 In a dramatic immersive presentation created for our socially challeging times by world renowned audiovisual designers, Beyond Van Gogh uses cutting-edge projection technology to create a rich multimedia journey into the visual world of Van Gogh. Reflecting Van Gogh's own words, thoughts, and dreams to drive the experience as a narrative, participants move along walls projected with light, color, and shapes that undulate and refocus into the artists favorite subject matter of flowers, cafes and landscapes. Original paintings are released from frames, transform, appear and disappear, flowing across surfaces, accompinied by the artists own words and set to a symphonic score. Created by French-Canadian creative director Mathieu St-Arnaud and Montreal’s world-renowned Normal Studio, this i...
Comments 2
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Condo Sales Surpass Single-Family Home Sales in O‘ahu’s Fast-Paced Housing Market  Real estate activity spikes a year after the first stay-at-home order    HONOLULU – According to resales figures released this week by the Honolulu Board of REALTORS®, closed sales of single-family homes and condos rose 51.2% and 88.0%, respectively. The wide year-over-year variance is due to 2020’s downturn in real estate activity spurred by the initial shocks of the pandemic and the first stay-at-home order.   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 April 2021   375 $928,000   April 2020   248 51.2% $809,000  14.7%  Condominium Resales   Number of ...
Comments 0
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 verifyRates Posted on Wednesday, April 28, 2021  Lender Term/Type Interest Rate % Points % *APR Aloha Pacific Federal Credit Union531-3711NMLS#377314 15-YR Fixed 2.250 1.000 2.534 30-YR Fixed 3.125 1.625 3.338 5-YR ARM 2.500 0.500 2.615 Acclaim Capital Mortgage383-5931NMLS#304090 15-YR Fixed 2.125 0.000 2.197 30-YR Fixed 2.875 0.000 2.918 5-YR ARM       American Savings Bank, F.S.B593-1226NMLS#423168 15-YR Fixed 2.000 1.750 2.330 30-YR Fixed 2.750 1.750 2.936 5-YR ARM       Bank of Hawaii877-616-2636NMLS# 15-YR Fixed 2.250 0.750 2.356 30-YR Fixed 2.750 1.625 2.877 5-YR ARM 2.250 0.375 2.610 Central Pacific Bank544-...
Comments 0
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 One of the many negative effects of the current pandemic has been the toll on the intimate Hawaiian cultural tradition of lei giving. Thankfully we have a way to celebrate Lei Day this year and like last year, it will be virtual. Nā Lei Koa: Warrior Lei, theme continues to honor our frontline workers for 2021 Lei Day  O‘AHU – May Day is Lei Day in Hawai‘i, but do you know that the World Record for the longest fresh flower lei belongs to India? Time to reclaim that title… unofficially. In lieu of a more traditional Lei Day Celebration, the Honolulu Department of Parks and Recreation (DPR) encourages everyone to continue making lei and showing their aloha for one another by supporting the pandemic-modified Lei Day theme of “Nā Lei Koa” or Warrior Lei. This theme was developed to show app...
Comments 10
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Local Market Update - Downtown and Nu'uanu Honolulu, March 2021  Single Family Homes March Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 11 /  7  57% 35 / 31  13% Closed Sales 14 / 10  40% 31 / 16  94% Median Sales Price $1.115M / $877K 27%  $1.13M / $927.5K 22%  Percent  Original  List Price Received 99.3% / 95.9%  4% 97.9% / 94.8%  3% Median Days on  Market Until Sale 14 / 31  -55% 18 / 51  -65% Inventory of Homes for Sale 34 / 33  3% ---   Condos March Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 70 / 47  49% 183 / 158  16% Closed Sales 39 / 37  5% 107 / 95 13% Median Sales Price $615,000 / $648,000  -5% $615,000 / $580,500  6% Percent Original  List Price Received 98.7% / 98.5%  0% 98.5% / 96.9%  2% Median Days on  Market Until Sale 35 / 29  21%...
Comments 0
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Local Market Update -Diamond Head & Kapahulu March 2021   Single Family  Homes March Year to Date 2021 / 2020 Change 2021 / 2020 Change New Listings 35 / 22 59% 73 / 73 0% Closed  Sales 24 /  9 167% 65 /  34 91% Median Sales Price $1.1445M / $950K 20% $1.13M / $942.5K 20% Percent of Original  List Price Received 95.2% / 96.0% -1% 98.3% / 94.9% 4% Median Days on Market Until Sale 70 / 26 169% 23 / 42 -45% Inventory of Homes for Sale 71 / 96 -26% --- Condos March Year to Date 2021 / 2020 Change 2021 / 2020 Change New  Listings 10 / 9 11% 34 / 29 17% Closed  Sales 16 / 7 129% 36 / 15 140% Median  Sales Price $605,000/$670,000 -10% $605,000/$600,000 1% Percent of Original  List Price Received   98.7% / 100.0% -1% 97.6% / 100.0% -2% Median Days on  Market Until Sale 25 / 19 32% 23 / 24 -4% ...
Comments 4
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Local Market Update - Makiki and Moili‘ili Honolulu, March 2021  Single  Family Homes March Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 23 / 18  28% 53 / 57  -7% Closed Sales 12 / 7 71% 36 / 27  33% Median Sales Price  $1.6025M / $1.3M 23% $1.49M / $1.190M  25% Percent of Original  List Price Received 89.9% / 100.0%  -10% 95.6% / 94.1%  2% Median Days on Market Until Sale 48 / 7  586% 24 / 41  -41% Inventory of Homes for Sale 53 / 66  -20% ---    Condos February Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 75 / 62  21% 207 / 213  -3% Closed Sales 70 / 46  52% 149 / 113  32% Median Sales Price $364,000 / $388,500  -6% $372,500 / $377,000  -1% Percent of Original List Price Received 98.2% / 97.1%  1% 97.4% / 96.7%  1% Median Days on Market Until Sal...
Comments 0
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update - Ala Moana and Kaka‘ako Honolulu - March 2021   Single   Family Homes March Year to Date 2020 / 2021 Change           2020 / 2021 Change New Listings 1 / 0  0% 9 / 4  125% Closed Sales 1 / 2  -50% 2 / 4  -50% Median Sales Price $762K / $1.147M -34% $936K / $927,000  1% Percent of Original List Price Received 95.4% / 93.9%  2% 98.1% / 93.9%  4% Median Days on Market Until Sale 13 / 65  -80% 8 / 15  -47% Inventory of Homes for Sale 7 / 0  0% ---        Condos   March Year to Date 2020 / 2021 Change 2020 / 2021 Change New Listings 89  /  65  37% 223  /  232  -4% Closed Sales 62 / 45  46% 128 / 114  -4% Median Sales Price $580K / $665K -13% $560K / $665.5K -16% Percent of Original List Price Received 97.4% / 96.8%  1% 96.2% / 96.2%  0% Median Days on Market Until Sale...
Comments 1