Honolulu County, HI Real Estate News

By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Makiki & Moili'ili Honolulu, December 2022   Single Family Homes December Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 9 / 15  -40% 122 / 180 -32% Median Sales Price $1.8M / $1.398M  29% $1.6M / $1.4155M  13%   Percent of Original List Price Received 95.0% / 96.9%  -2% 100.0% / 100.0%  0% Median Days on Market Until Sale 11 / 18  -39% 13 / 14  -7%  New Listings 5 / 7  -29% 158 / 206  -23% Pending Sales 7 / 10  -30% 128 / 188  -32% Active Inventory 20 / 21  -5% ---    Condos December Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 44 / 75  -41%  715 / 751  -5%  Median Sales Price $382,500 / $405,000  -6%   $410,000 / $398,000  3% Percent of Original List Price Received 98.2% / 99.2%  -1% 100.0% / 98.7%  1% Median Days on Marke...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Happy Lunar New Year - Kung Hee Fat Choi  新年快乐  -  新年好 Wishing You a Hope Filled and Prosperous New Year of the Rabbit!  May you hop, hop, hop towards a year of ingenious success with a smile! For Expert Pet Friendly Property Management in Honolulu, Hawaii COTACT HI Pro Realty TODAY!  
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Bark in the ParkSat at 1:00PM - 5:00PMKaloko‘eli Courtyard 444 Keawe St. Honolulu Bark in the Park returns to kick off 2023! Bring your furry friends for their signature pet workout classes, pop-up market, a photo op wall, Yappy Hour, plus fun keiki activities.New to this event, My Treehouse Club will host an art station where pups and keiki can use paint and paper to create hand and paw print art to take home! Orangetheory Fitness brings back its pet workout classes for you to work up a sweat with your dog — be sure to reserve your spot online since space is limited to 25 per class!To round off the event, various Our Kaka‘ako restaurants and bars will have Yappy Hour specials.To sign up for a pet workout class and find out more about the event, visit https://www.ourkakaako.com/barkinth...
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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, December 2022   Single Family Homes December Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 2 / 2  0% 9 / 11  -18%   Median Sales Price $1.3145M / 1.065M 0%  23% $1.35M / $1.015M  33% Percent of Original List Price Received 85.0% / 110.9%  -23% 96.5% / 100.9%  -4% Median Days on Market Until Sale 162 / 11  1373% 36 / 12  200% New Listings 1 / 0  0% 13 / 22  -41% Pending Sales 1 / 0  0% 10 / 15  -33% Active Inventory 0 / 2  -100% ---    Condos December Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 39 / 72  -46%  746 / 747  0% Median Sales Price $620,000 / $837,500  -26%   $752,500 / $662,500  13% Percent of Original List Price Received 95.5% / 98.4%  -3% 97.9% / 97.7%  0% Median Days on Market Un...
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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, December 2022   Single Family Homes December Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 0 / 0  0% 2 / 3  -33%   Median Sales Price $0 / $0  0% $1.7375M / $1.1M  58% Percent of Original List Price Received 0 / 0  0% 96.1% / 100.0%  -4% Median Days on Market Until Sale 0 / 0  0% 88 / 13  577% New Listings 0 / 0  0% 1 / 4  -75% Pending Sales 0 / 0  0% 2 / 6  -67% Active Inventory 0 / 0  0% ---    Condos December Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 77 / 114  -32%  1,284 / 1,374  -7% Median Sales Price $440,000 / $446,500  -1%   $425,000 / $405,000  5% Percent of Original List Price Received 97.1% / 98.6%  -2% 98.7% / 97.8%  1% Median Days on Market Until Sale 19 / 28  -32% 19 / 26  -27% New Listing...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 Native Plant Garden Tour Thursday, January 19, 2023, 1:30pm-2:30pm   Join volunteer Alice Roberts for a personal guided tour of the Waikiki Aquarium's native Hawaiian plant gardens, where she will be highlighting 16 of the plants. A complete plant guide book is available in the Waikīkī Aquarium's Volunteer Office, or you can print out your own Hawaiian Plant Guide map for the tour by going to the following link: http://www.waikikiaquarium.org/experience/plants-seaweeds/hawaiian-plant-guid   LOCATION: Waikiki Aquarium 2777 Kalakaua Ave Honolulu, HI              
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Hawaiian Honeycreepers StorytimeSaturday, January 14, 2023, 10:00amJapan's master woodcarver Haruo Uchiyama collaborated with Bishop Museum to create exquisite life-like carvings of I'iwi or Hawaiian Honeycreepers to raise awareness of Hawai‘i's native forest birds. Mr. Uchiyama joins museum guests in person to celebrate the completion of the first stage of the project.Hele mai the Atrium of Hawaiian Hall, where Mr. Uchiyama will present a special kamishibai presentation to tell the story of Hawaiian Honeycreeper evolution. Kamishibai, meaning "theater on paper," is a form of street-style storytelling that originated in Japan. Performed by a narrator who uses illustrated paper cards to tell a story, Mr. Uchiyama's kamishibai brings to life the stories of Hawaiian Honeycreepers.Haruo Uch...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
City and County of Honolulu Down Payment Loan Program Buying Real Estate in Hawai'i has many challenges and the cost and affordability of such is probably the biggest obstacle facing many would-be Honolulu homebuyers. With the median sales price's in December for single family residences at $1,049,500 and condos at $502,500, not having the typical 20% in cash for a downpayment on a home loan will push many out of the market. With helping the local buyer in mind, the City and County has created a program to help assist homebuyers with their down payments. The City and County of Honolulu's Down Payment Loan Program is part of the City's efforts to promote homeownership and create a strong community. Utilizing HOME Investment Partnership Act funds from the U.S. Department of Housing and Ur...
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By Theresa Harden, PB SFR e-Pro Realtor
(Hawaii Dream Realty LLC)
Oahu Housing Inventory Snapshot as of December 31, 2022 The December 2022 Oahu Hawaii Housing Inventory Snapshot represents aggregated values based on Honolulu MLS data as of December 31, 2022. Each inventory category includes a link providing the current Honolulu MLS listings for that particular category. The prices presented in the table are average prices meaning that the presented price includes homes priced well below and well above the average list price. The table is a micro approach in that it only considers data from the past month. The table does not provide the quantified 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 numeric trend percentages, click here to register to receive the month...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
WAIKIKI HONOLULU:Waikiki Banyan is a fee simple condo-tel development in the quieter East-end of Waikiki, just two blocks from the beach. The resort features a number of amenities, including a large recreation deck with keiki play area, swimming pool, spa tubs, BBQs, a convenience store, and tennis court. The complex is popular with both visiting families and vacationing locals. Close to beaches, the Honolulu Aquarium and Zoo, the Ala Wai Golf Course and many shops and restaurants, the property is a bustling family and pet friendly resort.  Condominium sizes rage from 500 to 600 sq ft. and each unit has a lanai(60-70 sq ft). Units offer full kitchens, comparably larger floor plans than what is typical for the area, window A/C, and a parking stall(unassigned). Views vary depending on the...
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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, January 4, 2023  Lender Term/Type Interest Rate % Points % *APR Acclaim Capital Mortgage808-383-5931NMLS#304090 15-YR Fixed 5.635 0.000 5.720 30-YR Fixed 6.446 0.000 6.497 5-YR ARM       Aloha Pacific Federal Credit Union808-531-3711NMLS#377314 15-YR Fixed 4.875 1.875 5.335 30-YR Fixed 5.625 1.750 5.894 5-YR ARM 4.625 0.625 4.774 American Savings Bank808-593-1226NMLS#423168 15-YR Fixed 5.000 2.000 5.431 30-YR Fixed 5.875 2.250 6.168 5-YR ARM 4.875 1.750 6.339 Bank of Hawaii877-616-2636 15-YR Fixed 5.000 1.875 5.289 30-YR Fixed 5.750 2.000 5.937 5-YR ARM 4.750 2.250 6.119 Central Pacif...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
 In honor of Queen Emma's 187th birthday, Hanaiakamalama invites the public to celebrate Mu’umu’u Month, with the 2nd Annual Mu’u at the Museum! This year's fundraiser will pay homage to Queen Emma’s love for horseback riding and her renowned equestrian skills as a wahine holo lio, with the theme "Pau & Paniolo".The evening event will be held on Saturday, January 7, 2023 from 5 PM to 9 PM at Hanaiakamalama – the Queen Emma Summer Palace. Proceeds from this event will support the historic preservation, maintenance and operations of the Palace and grounds. TICKETS:$150 for General Admission and $85 for Youth (25 years old & younger). Doors Open at 5:00 PM, entrance and check-in will be in the front of the Palace.Parking, we encourage carpooling and rideshare services such as Uber and Lyft...
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By George Thoma, Branch Manager / Broker
(Island Lending Hawaii, LLC | Equal Housing Lender | NMLS 312250)
If you're considering getting a reverse mortgage in Hawaii, here are some steps you can take to get started:  Determine if you are eligible: To qualify for a reverse mortgage in Hawaii, you must be at least 62 Years or older, with low to no Mortgage Balance. Whether you live on the island of Oahu, Maui, Kauai, or the Big Island, it is vital to understand the eligibility requirements for a reverse mortgage in Hawaii.  If you own a Condo or Condominiumized Property in Hawaii:  Your Primary Residence, the Condo or Conddominiumized Property has to be FHA-approved to be eligible for a Reverse Mortgage. Condotels are Traditionally not Allowed. ( Ask your Mortgage Professional )  Get a reverse mortgage quote from a qualified mortgage broker: It is essential to compare reverse mortgage quotes f...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
HUMANE SOCIETY PET TOY DRIVENow until – Sunday, January 15, 2023 The Hawaiian Humane Society is hosting a toy drive for cats and dogs in their care. Swing by the Mōʻiliʻili campus and drop off new dog and cat toys into the decorated gift boxes at Adoptions Lanai during operating hours (Wednesday through Monday, 11:00 am to 6:00 pm) https://hawaiianhumane.org/ 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 )
 Hau'oli Makahiki Hou!Happy New Year 2023  Make the resolution to have HI Pro Realty as your Property Manager in Honolulu in 2023 Why choose HI Pro Realty as your property manager?No-hassle managementElectronic owner statements that can be accessed at any time in your personal Owner PortalEmergency maintenance servicesPeriodic property evaluation and planningMarket your properties to various websites and listing services in a uniquely tailored rental listing formatThorough background checks of all prospective tenantsProvide professional lease agreements and execute leasesPerform move-in and move-out inspectionsCollect deposits, rent and late feesArrange and manage maintenance, repairs and projectsHandle evictions and take legal action, if necessaryWe specialize in PET FREINDLY managemen...
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By Theresa Harden, PB SFR e-Pro Realtor
(Hawaii Dream Realty LLC)
Hauʻoli Makahiki HouWe want to take a moment to update you on 2022 and provide an economic outlook in our  2023 New Year greeting.  Before we get started, mahalo to our Clients and our local community for the outstanding support and the continued confidence you have shown us in 2022. Advocating for Our Property Owner RightsWe started this year with a great deal of uncertainty: the Omicron variant on the rise, travel barriers increasing instead of decreasing and a general sense of exhaustion from almost two years of dealing with our lives turned upside down.  However, we continued to strive and improve our services and commitment to our Clients, Staff and community.  We expanded to a new office location and hired additional Staff.  We saw a surge in real estate sales and our property man...
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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, November 2022   Single Family Homes November Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 6 / 9  -33% 74 / 121  -39% Median Sales Price $1.405 / $996,000  41%  $1.3125M / $1.1425M  15% Percent of Original List Price Received 98.9% / 92.2%  7%   100.0% / 100.0%  0% Median Days on Market Until Sale 23 / 27  -15% 10 / 17 -41% New Listings 5 / 12  -58% 89 / 129  -31%   Pending Sales 3 / 17  -82% 64 / 125  -49% Active Inventory 24 / 12  100% ---    Condos November Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 19 / 43 -56% 470 / 555  -15% Median Sales Price $425,000 / $605,000  -30%   $540,000 / $597,000  -10% Percent of Original List Price Received 100.0% / 98.3%  2% 100.0% / 98.9%  1% Median Days ...
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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, November 2022   Single Family Homes November Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 19 / 22  -14%  201 / 259  -22% Median Sales Price $1.3M / $1.225M  6%   $1.35M / $1.2M  13% Percent of Original List Price Received 100.0% / 105.6%  -5%   100.0% / 100.0%  0% Median Days on Market Until Sale 19 / 12  58%  12 / 12  0%    New Listings 24 / 18  33% 231 / 290  -20% Pending Sales 7 / 27  -74% 185 / 277  -33% Active Inventory 42 / 34  24% ---    Condos November Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 6 / 5  20%  92 / 121  -24%  Median Sales Price $629,500 / $550,000  14%    $650,000 / $585,000  11% Percent of Original List Price Received 95.9% / 100.0%  -4% 100.0% / 99.0%  1%    Median...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Mele Kalikimaka! peace and joy to you and in the spirit of the season please support the Hawaii Food Bank As those of us more fortunate celebrate this holiday season, thousands of Hawai‘i families will be unable to put food on the table for their loved ones. This holiday season, your support won’t just help provide food. You’ll be building connections — between people, communities and families, alike.Your tax-deductible gift goes beyond helping provide necessities — together, we’re helping people connect with the ones they love. A gift of $50 can provide a family of four with meals for an entire week. your donation to the Hawaii Food Bank is needed more than everhttps://hawaiifoodbank.org/donate/Mahalo!  
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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, November 2022   Single Family Homes November Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 5 / 22  -77% 113 / 165 -32% Median Sales Price $1.350M / $1.6425M  -18% $1.6M / $1.43M  12%   Percent of Original List Price Received 100.0% / 100.0%  0% 100.4% / 100.0%  0% Median Days on Market Until Sale 5 / 18  -72% 13 / 13  0%  New Listings 16 / 14  14% 153 / 199  -23% Pending Sales 8 / 15  -47% 121 / 178  -32% Active Inventory 27 / 23  17% ---    Condos November Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 34 / 64  -47%  671 / 676  -1%  Median Sales Price $437,000 / $342,500  28%   $410,000 / $395,000  4% Percent of Original List Price Received 97.2% / 100.0%  -3% 100.0% / 98.6%  1% Median Days on Ma...
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