Are you looking for the perfect condominium, penthouse, or investment for your rental business in Honolulu? Whether you are a seasoned real estate investor or a first-time home buyer, luxury condos and penthouses are attractive options in this vibrant downtown market. From expansive ocean views to resort-style amenities, investing in one of these upscale residences can provide many unique benefits that entice even the most discerning buyers. Take a look at the listings below to see what Honolulu offers!
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The Honolulu housing market in Hawaii exhibits a competitive environment with notable price changes. Homes in Honolulu receive an average of 2 offers and typically sell within approximately 63 days. In May 2023, the median sale price of homes in Honolulu was $496,500, indicating a decline of 6.1% compared to the previous year. Additionally, the median sale price per square foot in Honolulu is $692, reflecting a decrease of 5.7% since last year.
During May 2023, the housing market in Honolulu experienced a decrease in median home prices, with a 6.1% decline compared to the previous year. Homes in this area typically spend an average of 63 days on the market, slightly increasing from 55 days last year. The number of homes sold in May this year was 298, representing a significant decrease of 40.2% compared to the previous year.
The recent data suggests that the Honolulu housing market is undergoing adjustment, with lower median prices and a notable decrease in the number of homes sold. It remains a somewhat competitive market, with homes typically selling within 63 days.
348,116 people live in Honolulu , where the median age is 43.5 and the average individual income is $39,378.14. Data provided by the U.S. Census Bureau.
AVERAGE INDIVIDUAL INCOME
*Data from walkscore.com/HI/Honolulu
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Honolulu is the name of the county that makes up the island of Oahu.
Real Estate Agent & Realtor Serving Honolulu
I have extensive experience working with international sellers, investors and clients with an interest in Hawaiʻi’s superior properties. Most recently, I represented Honolulu’s billion-dollar luxury development Park Lane Ala Moana – considered one of the most affluent and successful developments in the Pacific, with their exclusive sales brokerage. I’m a native of Honolulu, from a large real estate family which does business on every island. I’m uniquely positioned with an innate familiarity of the Hawaiian Islands and our unparalleled landscape of real estate.
As an investor myself, I have seen real estate prove to be a lucrative investment choice – and with clear understanding and collaborative strategy, nowhere is this more demonstratively promising than in Hawaii. In addition to Real Estate, I spent the last twelve years as an entrepreneur and Hawaii restaurant owner. The skill sets I developed as a business owner, coupled with my real estate knowledge, provides valuable resources and insights for my clients.
Second to my family, the Hawaiian Islands and our unique way of life hold utmost importance to me. The culture, tradition and natural beauty are treasures that I love to share with clients and investors who may be new to the islands. Hawaii’s most sought after properties rarely change hands - and when they do, they are often sold off market. I connect my clients with these discrete yet coveted opportunities through trust, teamwork and my valued network.
I have a B.A. in Journalism from University of Southern California and an Executive MBA from the University of Hawaii at Manoa. I take an integrative business-minded approach to real estate, with marketing at the forefront. I believe brokering community assets is vital to success.
Outside of real estate, I’m passionate about travel and surfing - often with my two daughters Eliza and Jordan, all while collaborating with my husband, local residential architect, Andrew Shaw, AIA, on new design projects.
As an investor myself, I have seen real estate prove to be a lucrative investment choice – and with clear understanding and collaborative strategy, nowhere is this more demonstratively promising than in Hawaii.