Oahu Real Estate News & Market Trends 

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings and new project construction. That’s because we care about the community and want to help you find your place in it. Our blog posts are straight forward and we won't sugar coat anything as we feel you ought to hear what you need to know and not what you want to hear. As always, please reach out if you have any questions at all. We would love to talk with you!

Jan. 13, 2020

Oahu's Most Competitive Neighborhood in 2019

The Most Competitive Neighborhoods on Oahu

Have you ever wondered which neighborhoods on Oahu were the hardest to get into? Well, my brokerage firm analyzed all single-family neighborhoods to find out which region was the most competitive.

The Most Competitive Neighborhoods on Oahu

The data was compiled from all single-family neighborhoods that had at a minimum of 5 sales in 2019. We used bid-ups (a bid-up is when a property sells for above list price with multiple offers) to measure these neighborhoods. The region neighborhoods that had the most bid-ups in 2019 are:

The Most Competitive Neighborhoods Data

Kapolei Kai was Oahu's most competitive neighborhood in 2019

In 2019, Kapolei Kai saw bid ups in more than two out of every three homes sold. The neighborhood is comprised of 204 single-family homes and was completed in 2003. It is located right behind the Kapolei Middle School. With only 6 home sales in 2019, the turnover was just 2.7%. The median price was $688,500 which was an increase of 2% from just a year ago. 

Kapuna Hala came in second place

In Kaneohe, Kapuna Hala came in as a close competitor. Here we saw very competitive conditions with 62.5% of homes selling for above-asking price. Kapuna Hala has a mix of old and newer single-family homes with 393 single-family homes that make up the neighborhood. In 2019, there were only 8 sales which resulted in a turnover of just 2%. But the strong demand pushed the median price up 13% to $892,500 - which is just slightly higher than the overall median price of Kaneohe. 

Kaneohe

Kaneohe was Oahu's most competitive region on the island

Among all the 12 regions on Oahu, Kaneohe was the most competitive neighborhood region. With about one in four homes having a bid-up situation. Factors that affect competition among buyers include a neighborhood's median price, relative to the surrounding neighborhoods, median days-on-market statistics, turnover, and desirability.

Posted in Market Updates
Jan. 10, 2020

Victoria Place Owner Occupant Sales Begins 1/11/2020

Sales will be chronological and on a first-come-first-serve basis

Victoria Place in Ward Village

A few months ago Ward Village announced its 7th building Victoria Place. This front row ultra-luxury building is now ready to contract to the public and just announced that it will start owner-occupant sales at 8am on January 11, 2020. If you are interested in purchasing a unit, register your interest below. It will be first-come-first-serve and you will need to be present. You will also need to have a 5% initial deposit check and valid form of identification. For a full recap on the building (floor plate, amenities, specs, etc) CLICK HERE

Dec. 28, 2019

Victoria Place Showroom Opens 12/28/19

Make an appointment to view the Victoria Place Showroom

Victoria Place Aerial View

Victoria Place Ward Village Showroom

Earlier this month Ward Village had a very successful initial launch for Victoria Place. As of 12/28/19, they will officially open their showroom to the general public. Victoria Place is Howard Hughes’ 7th residential tower in Kakaako’s Ward Village. At the showroom, buyers can view the finishes of the units, view floor plans, see prices, and view a mock-up kitchenette and bathroom.

Register Here For A Showroom Tour

Victoria Place Showroom

The previous Aeo and Aalii showroom on the 6th floor is now completely unrecognizable. The new 6th-floor showroom has spared no expense and features finishes and decor similar to what you can expect to see at Victoria Place. There is even a fully stocked state-of-the-art bar so you can have a drink when you contract your new home. The gallery is open from 10am to 5pm daily and it is HIGHLY RECOMMENDED to make an appointment to ensure you can see the sales gallery for Victoria Place at Ward Village. 

Victoria Place Bar

Victoria Place Showroom Kitchen

Victoria Place Showroom

Posted in New Projects
Dec. 9, 2019

Hawaii Holiday Lights

The best spots around the island for some festive holiday cheer!

Christmas Lights in Hawaii

Mele Kalikimaka, Merry Christmas, and Happy Holidays! It’s officially that festive time of the year where holiday lights fill the streets, decorative Reindeer pop up around the neighborhood homes, and Santa makes his rounds across the various malls. If you’re not a Scrooge or Grinch and want to indulge in the beautiful Christmas lights, here are my top picks for 2019.

Honolulu Hale Christmas Tree

Honolulu Hale Christmas Decorations

Honolulu Hale City Lights

The Honolulu City Lights display at Honolulu Hale returns with its iconic Shaka Santa and giant 60ft pine tree. The City Lights are open from 8am to 11pm daily from December 1 through January 1. Free parking at the city’s municipal lot. Trolley tours are also available (30minutes) and departs from Ward Village (Available from Dec 2 to Dec 30) $8 for riders over the age of 3.

King Kamehameha Seasons Greetings

Iolani Palace During Christmas

Downtown (Business District) Honolulu

Drive or walk through the business district of Downtown Honolulu. Along South King Street you can see all the major business’ decorate their courtyards, lobbies, and exteriors with festive ornaments and lights. A perfect first stop on your way to Honolulu Hale. Be sure to go after the typical work hours to avoid the traffic and commuters leaving work.

Downtown Honolulu Christmas Lights

Kaimuki/Kahala

In Kaimuki you can see the Iconic Christmas Tree above the Kaimuki Fire Station from the freeway. There’s also a large blue lit pine tree on Pueo Street in Kahala that can be seen from far away. But if you are looking for a more air conditioned environment location, you can check out Kahala Mall’s signature Poinsettia tree where the central fountain is.

Kahala Mall Christmas Tree

Waikele

Featured on ABC’s “The Great Christmas Light Flight” in 2014, Anapau Place in Waikele has been a local favorite. Known for their computerized synchronized light shows, people from all over flock to the neighborhood. There will usually be a wait and you can expect a lot of traffic; since vehicular traffic is closed off during the light show times (7 to 9:30pm from Dec 1 to Dec 31st) but it is well worth it!



Kapolei

Out in the second city of Oahu, Kapolei Hale takes its own spin off of Honolulu Hale. Here you will find a giant decorated Christmas tree, holiday themed courtyard, and plenty of food vendors.



Kailua

In Kailua at 1170 Akumu Street the Brede family puts together an amazing Christmas show comprised of over 10,000 lights synchronized to holiday music. Check it out Monday through Thursday from 6 to 8:30pm and on Friday through Sunday from 6 to 9:30pm.

Kaneohe

During December, you can find a variety of houses along Namoku Street decked out to the max. There isn’t any coordination or theme, but the street has been nicknamed “Christmas Lane” and is a Kaneohe hot spot!

Christmas Lane in Kaneohe

Hawaii Kai

Candy Cane Lane in Mariners Village 2 (575 Hahaione Street) is the place to visit while in Hawaii Kai. There’s a fun well lit path full of sparkling and glistening lights along the homes and hedges and along the way you will meet Santa, his reindeer, and other holiday friends.

Waikiki

Out in Waikiki tourists and residents alike can enjoy seeing Santa make a grand entrance via canoe brought to you by the Outrigger. You can also find plenty of lights at the International Market Place and along the Royal Hawaiian Shopping Center. Also be sure to check out the festive Christmas Sand Art at the Sheraton Hotel.

Santa Canoe

Short Holiday Video brought to you by Jonathan Pang of Homesearchoahu.com— Total Video Time 1:15
Posted in Good To Know
Nov. 25, 2019

Just Announced - Select Ililani's Market Priced Units gets a Price Adjustment

Just Announced - Select Ililani's Market Priced Units gets a Price Adjustment 

Ililani Market Price Sheet (Updated11/25/19)

With the holidays soon approaching, many are speculating when the sales will begin for Ililani in Kakaako. The short answer is "Soon!" The project has had a strong demand for it's affordable housing component and is just awaiting the Project's Public Report which is needed to go to sales for both Market and Affordable units.

Recently a select batch of Ililani market priced units have had a price adjustment - and for the better! The new ranges will be $665,000 going up to $905,500. You can see the line on the price sheet above; all the units under the line (these are 2 beds with 1 parking stall) have been reduced! They also readjusted it so that certain upper units (that were supposed to have a tandem stall) now have two side-by-side parking stalls. You may view the official Ililani Market Sheet Here. Also feel free to click here to see the original Ililani Market Pricing

If you are interested be sure to register using the button below. *Reminder* Sales/Contracting will start soon for both Market Priced and Affordable Units once the project's public report is received.

Oct. 31, 2019

Ililani Lottery Results - Affordable Housing

480 Lucky Applicants for Ililani's Affordable Housing

Ililani Affordable Lottery

Below is the lottery results from Ililani's Affordable Housing Lottery. There were 480 applicants that made it through HHFDC's Affordable Housing requirements. To find your public drawing number, please search by your application number which was mailed to you from HHFDC. If you cannot find it, please contact your agent. If you got an acceptance letter from the State, you will be receiving a digital copy of the results as well.

Keep in mind this is not the order of which you will choose your unit. This list will be further sorted by each individual's AMI group and there is a chance that certain applications may be removed (due to HHFDC not approving the application as some were still under conditional approval). Stay tuned for the exact unit selection appointments and times coming up soon!

Ililani Affordable Lottery Results

Ililani Affordable Lottery Results

Ililani Affordable Lottery Results

Ililani Affordable Lottery Results

Oct. 30, 2019

Halloween In Hawaii - The Best Areas To Trick-Or-Treat

Halloween In Hawaii - The Best Areas To Trick-Or-Treat

Halloween In HawaiiHalloween in Hawaii is always a fun time for keiki (children) across the island. It is that one special night where they can dress up as whatever or whoever they want! However, the big question is always the same - Where is the best areas to trick-or-treat?

Luckily for you, we have done the hard work for you and here are our top picks:

Ala Moana - At the world's largest open air mall, Ala Moana Shopping Center will feature a variety of stores participating in trick-or-treat from 5-7pm. 

Hawaii Kai - is a residential neighborhood with many areas to check out. Parking can fill up so it's always encouraged to stop by area. Some of the more popular areas are Koko Head Terrace (near the Hawaii Kai Library), Lalea Townhomes, The Peninsula Community, Anchorage, Mariner's Cove, Hahaione, and Spinnaker Isle just to name a few. 

Kaneohe - The most popular area would definitely be Windward Mall. The keiki can go store-to-store rather than door-to-door in a very safe and well lit environment from 5:30-7:30. But note that masks are not allowed for children 12 years old or older. Another area outside of the mall is the Ahuimanu neighborhood which is also known as "Christmas Lane" during December. 

Pineapple Jack-o-lantern

 

Kahala - One of the most well known neighborhoods on the island for trick-or-treaters as the residents often give full sized candy bars. Also Kahala Mall is always a popular spot. 

Kapolei - At Kapolei Shopping Center they will offer trick-or-treating, a pumpkin patch with free mini pumpkins to decorate, make-and-takes, photo ops, and more! From 5-7pm. Also be sure to check out Ka Makana Alii as they will have trick-or-treating in the mall from 5:30-7:30pm. 

Manoa - Another popular residential neighborhood known across the island is Manoa. With it's history of spooky stories from the ghost banyan trees and night marchers, this area can definitely feel like Halloween with some very elaborate decorated homes. 

Mililani Mauka - At the end of Meheula Parkway and the left turn on Kapanoe Street you will see a very crowded neighborhood of trick-or-treaters. Some residents recall giving out over 300 bags of goodies! There's also the Mililani Shopping Center in Mililani Town that will have a costume contest and mall wide trick-or-treating from 5-7pm.

 

Halloween In HawaiiNorth Shore - Kukea Circle is a local favorite for North Shore residents as plenty of homes participate in handing out candy.

Nuuanu - Many residents have their go-to-spots as some homeowners go all out with decorations and great candy. If you're lucky some will even have live music and pupus! Just be sure to have comfortable shoes as you may have to walk a little extra from house to house.

Waikiki - This is the meca of Halloween and gets very busy during the evening especially on the main strip. For the little ones Royal Hawaiian Center will start their festivities from 2-7pm and the International Market Place will be from 5-7pm. 

Ward Village - in the heart of Kakaako you can find a ton of activities at Ward Village's South Shore Market and Ward Center. From trick-or-treating, photo booths, make and takes, and halloween tattoos. After you can head to Ala Moana which is just a few minutes away.

Halloween in Oahu

Posted in Good To Know
Oct. 3, 2019

Scenic Towers in Mo'ili'ili Honolulu Hawaii

When it comes to homes, it is always about Location, Location, Location!

Scenic Towers in Mo'ili'ili

Hawaii City PlazaScenic Towers is one of those buildings in Metro Oahu that can literally boast that it is centrally located and close to virtually everything. Located at 796 Isenberg Street, Scenic Towers is a residential condominium that features 127 residential units (1 and 2 bedrooms) and has a pool, recreation area, grassy lawn, and secured garage and building access. 

I just listed a brand new 11th floor Diamond Head facing 1 bedroom unit (MLS#201927337) and it is perfect for someone looking for a condo in town. 

Rarely does a Diamond Head facing 1-bedroom pop up as there isn't much turnover for the building. The building has 9 units per floor and there are only 2 units that have bedrooms and lanais that face Diamond Head; and this is one of them! If you are interested in learning more click on the link below or contact me to set up a private showing.

Learn More About Scenic Towers Here and Don't Forget To Watch The Video Below

View More
Sept. 6, 2019

Ililani Market Units - Just Announced

Ililani Market Priced Units - Starting Soon - Register Here

Ililani

After a very successful launch of the affordable units at Ililani in Kakaako, Ililani just announced their market unit release for 163 two bedroom units. Prices will range from $700,500 to $905,500 and it will be open to owner occupants and investors within the coming month via lottery. All owner occupants who are interested need to submit a notarized owner occupant affidavit by 5pm on October 5, 2019. All units will have higher end appliances and features compared to the affordable units but will have the same counter tops, flooring, cabinets, and carpet. 

If you are interested in getting an affidavit, learning more about the project, or are interested in viewing the showroom, be sure to register using the button below. Owner Occupant Units will be offered via lottery. Units that don't sell during the first 30 days will then be opened to investors. 

Ililani Market Unit Price Sheet

Posted in New Projects
Aug. 24, 2019

Ililani Affordable Housing Final Application Count

Today marked the last day to turn in applications for Ililani's Affordable Housing

Ililani in KakaakoIlilani officially launched their project on July 26, 2019. This new Kakaako project set aside 165 out of 328 to go towards affordable housing with 1 bedrooms ranging from $312K-$583K and 2 bedrooms ranging from $372K - $657K.

The application submission for affordable housing went by very fast. This project only accepted applications for a 30 day period (July 26 - August 24). 

In total, there were 566 Applications submitted to the sales center.

These applications will now be reviewed by HHFDC over the next several weeks and those applicants will be issued an approval or rejection letter. Then there will be a lottery followed by unit selection. Stay up to date for updates on Ililani as well as the market units which will be released very soon. 

Learn More About Ililani

If you are interested in registering to be a backup for the affordable housing register here to be kept up to date on Ililani and all new projects.

Ililani Affordable Housing Price Sheet

Official Ililani Affordable Housing Price Sheet
Posted in New Projects