May 2012 Honolulu Condominium Market Report: Koolani

Koolani Condominium 1177 Queen Street, Honolulu, HI 96814 Built:  2006 The chart above shows the number of sales recorded each month vs. the number of apartments available for sale at the end of the month.  In the last six months, Koolani averaged just over one sale per month.  At that pace, it will take nine months to sell the 12 apartments on the market. Apartments currently available Schools Elementary School:  Kaahumanu Middle School:  Central High School:  McKinley Features Conveniently located one block from the Ala … Continue reading May 2012 Honolulu Condominium Market Report: Koolani

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New Purchase Contract

The Honolulu Board of Realtors® released a new Purchase Contract.  It must be used in all transactions dated on or after May 1, 2012.  In my opinion, the content is much the same, but it is organized differently.  The contract grew from 12 to 13 pages.  Take a look:  New Purchase Contract

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Honolulu Real Estate Statistics: April 2012

The Honolulu Board of REALTORS® released the April 2012 residential resales statistics.  According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are: Single Family Home Resales   Number of Sales Compared to Prior Year Median* Sales Price Compared to Prior Year April 2012 217 -5.2% $600,000 +2.6% April 2011 229   $585,000             Condominium Resales   Number of Sales Compared to Prior Year Median* … Continue reading Honolulu Real Estate Statistics: April 2012

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Sold in Just 17 Days: Ocean Side Koolani Two Bedroom Condo

Michael Zimmerman just sold apartment 2907 in the Koolani Condominium. Sold for $790,000 Fee Simple  SIMPLY SENSATIONAL Koolani Condominium 1177 Queen Street #2907 Honolulu, HI 96814 MLS #1202962 View all 36 large photos Interactive Floor Plan  View the Home Flyer Perched high above the city, this home offers breathtaking views of rainbows, ocean, harbor and city.  The apartment features a gourmet kitchen with stainless steel Viking appliances and granite counters and is ready for immediate move in.  Just steps away from theaters, … Continue reading Sold in Just 17 Days: Ocean Side Koolani Two Bedroom Condo

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Honolulu Real Estate Statistics: March 2012

The Honolulu Board of REALTORS® released the March 2012 residential resales statistics.  According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are: Single Family Home Resales   Number of Sales Compared to Prior Year Median* Sales Price Compared to Prior Year March 2012 222 -10.8% $625,000 +13.9% March 2011 249   $548,500             Condominium Resales   Number of Sales Compared to Prior Year Median* … Continue reading Honolulu Real Estate Statistics: March 2012

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March 2012 Honolulu Condominium Market Report: Keola Lai

Summary As I write, there are no apartments for sale in the building (one is in escrow). Keola Lai Condominium 600 Queen Street, Honolulu, HI 96813 Built:  2008 Apartments currently available Schools Elementary:  Royal Middle:  Central High:  McKinley  Availability Apartments in the building:  350 Apartments available for sale:  0 Average days on market to date:  NA Apartments listed for sale in the last 30 days:  0 Months of inventory available:  NA Sales Apartments under contract in escrow:  1 Apartments sold in the last 90 … Continue reading March 2012 Honolulu Condominium Market Report: Keola Lai

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Honolulu Real Estate: Ocean Side Koolani Condo for Sale

Michael Zimmerman just listed apartment 2907 in the Koolani Condominium for sale.  SIMPLY SENSATIONAL Koolani Condominium 1177 Queen Street #2907 Honolulu, HI 96814 MLS #1202962 View all 36 large photos Interactive Floor Plan  View the Home Flyer Perched high above the city, this home offers breathtaking views of rainbows, ocean, harbor and city.  The apartment features a gourmet kitchen with stainless steel Viking appliances and granite counters and is ready for immediate move in.  Just steps away from theaters, malls and restaurants; … Continue reading Honolulu Real Estate: Ocean Side Koolani Condo for Sale

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March 2012 Honolulu Condominium Market Report: Capitol Place

Capitol Place Condominium 1200 Queen Emma Street, Honolulu, HI 96813 Built:  2008 The chart above shows the number of sales recorded each month vs. the number of apartments available for sale at the end of the month.  In the last six months, Capitol Place averaged just under two sales per month.  At that pace, it will take seven months to sell the 13 apartments available for sale. Apartments currently available: Schools Elementary:  Royal Middle:  Central High:  McKinley  Availability Apartments in the building:  394 Apartments available for sale:  13 … Continue reading March 2012 Honolulu Condominium Market Report: Capitol Place

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Honolulu Real Estate Statistics: February 2012

The Honolulu Board of REALTORS® released the February 2012 residential resales statistics.  According to the analysis conducted by the Board, using data collected from its computerized Multiple Listing Service (MLS) system, the statistics are: Single Family Home Resales   Number of Sales Compared to Prior Year Median* Sales Price Compared to Prior Year February 2012 217 +19.9% $625,000 +9.6% February 2011 181   $570,000             Condominium Resales   Number of Sales Compared to Prior Year Median* … Continue reading Honolulu Real Estate Statistics: February 2012

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February 2012 Honolulu Condominium Market Report: Harbor Court

Summary There is just one apartment for sale as I write and it’s a floor plan that hasn’t sold in over four years; an ’05 stack apartment.  The apartment is very large at 1509 sq. ft., has a 142 sq. ft. lanai and one parking stall.  The apartment was recently remodeled with new carpet, fresh paint and new appliances.  Since it’s located on the Ewa end of the building, the apartment has city views in addition to the usual gorgeous harbor views.   The chart … Continue reading February 2012 Honolulu Condominium Market Report: Harbor Court

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