Honolulu Highs and Lows: The Extremes of Our Real Estate Market
Ever wonder just how little you can spend to own something in Honolulu, or just how high our prices go?
Ward Village’s Waiea Penthouse #36.
Photo: Courtesy of Howard Hughes
Each month, housing market statistics come out, reporting the median prices for condos and single-family homes. For July 2017, they were $495,000 and $750,000, respectively. Ever wonder just how little you can spend to own something in Honolulu, or just how high our prices go?
We searched available properties for sale in Honolulu to look at the extremes. Here’s what we found:
For $45,000, you can own a leasehold 525-square-foot, one-bedroom condo at The Oahuan in Makiki. The fee is available for separate purchase. If you opt to purchase the fee, you must be an owner-occupant. No investors are allowed for this co-op property, which is working its way toward condominium conversion. There isn’t any parking available, but it’s a cute building.
Photo: Courtesy of Savio Realty
At the other end of the spectrum, it’s also a condo: Ward Village’s Waiea Penthouse #36, with stunning views of the entire coastline, is currently available for $36 million. With 10,076 square feet of living space, its interior is the size of an average Kāhala lot. It’s got five bedrooms and five-and-a-half baths, a private infinity pool, a four-car garage and a sky lānai to take in the views. Click here to see just how spectacular $36 million living is.