September's Highlights for Luxury Market Report

This month’s report showcases the market statistics for North America year over year as well as the 13-month trend, while providing in-depth statistics about each of the Hawaiian Islands.

Hawaii

This month’s report showcases the market statistics for North America year over year as well as the 13-month trend, while providing in-depth statistics about each of the Hawaiian Islands.
We review September’s data from an overall perspective to understand the current state of the market.
We then investigate the causes of the fluctuations of sales between the individual islands as well as both single-family and attached markets
Before showcasing these varying statistics by comparing September 2023 against September 2022 and August 2023.

North America

We review the status of September’s market as this month is usually a good barometer of the direction of the market for the next few months.
Initial review shows a slower market, but while the key indicators would suggest we are moving towards a buyer’s market, the statistical data still holds that we are in a seller’s market.
So, why does the current market not feel favorable to either buyers or sellers, in reality?
We investigate why this market is acting differently from traditional norms, what are the influences both within the market and from outside forces.
We review which properties are thought to be better investment returns or in greater demand by affluent purchasers.
And why, over the long term, real estate offers one of the most consistent ways to see a good return.
It is important to understand that the art of selling and buying should always include an analytical approach to truly appreciate the realities, rather than just listening to the market rhetoric.

For homeowners looking to sell or buy their luxury home in today’s market we recommend working with a realtor who can provide you with critical knowledge about your local market, maintain a high level of security during the transaction and knows how to leverage technology to provide maximum exposure and assistance.

It is my responsibility as your REALTOR to ensure that when others around you are lowering their expectations, that this becomes the time for us to switch gears and discover how to leverage the market effectively to achieve your goals.

Luxury Properties on Oahu

$2,199,000

5 Beds ⋅ 5 Baths ⋅ 202420872 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM

Let’s focus your attention on this rare opportunity to own in the highly coveted area of Ewa by Gentry,Cypress Point. Bordering the beautiful Hawaii Prince Golf Club that features golf,a golf academy,driving range,and tennis courts as well as The Bird of Paradise,their signature restaurant.You will love this executive style home which has so much to offer.4 bedrooms,3 ½ baths in the main home and 1 full bed and bath in the casita that’s separated by a beautiful and private courtyard.The owners spared no expense on your dream kitchen with all new high end appliances,Quartz counter tops and backsplash, organized cabinetry, cupboards, drawers and butlers pantry.I’m telling you, this kitchen sparkles!There’s a pretty new powder room and a new laundry room that you’ll WANT to do laundry in.Custom designed light fixtures,window coverings, 24x24 Italia tile flooring and fresh new paint throughout.You want more? How about a new roof, new rain gutters and new exterior paint as well as a completely new solar hot water system.There’s so many details to list, you must come and see it for yourself. Schedule your private appointment now through your agent and let us show you this priceless gem.

91-1315 Kuanoo Street, Ewa Beach

$2,350,000

5 Beds ⋅ 5 Baths ⋅ 202420958 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM

Ka Makana at Hoakalei is resort living at its finest! Rarely available, Koa Series, 5-bedroom, 4.5 bath located beside the captivating championship golf course at the Hoakalei Country Club. The spectacular entryway welcomes you in with an elegant chandelier and grand staircase. On the first floor is a large bedroom and ensuite, gourmet kitchen, half bath and spacious living areas - perfect for entertaining. This ONE-OF-A-KIND gem features a modern ELEVATOR with an innovative design. Ride up to the second floor to 4 bedrooms, 3 baths, 2 decks, and a laundry room. The primary bedroom has an office, 2 walk-in closets and a gorgeous spa style bathroom. This luxury home includes many upgrades such as marble flooring, plantation shutters, tinted windows, central air, upgraded carpets, mirrors, solar water heater, 41 owned PV panels with 2 batteries, EV charger system, a custom deck/trellis and more! Enjoy breathtaking golf course, ocean and mountain views as you relax on the lanai or deck. There are 2 garages plus driveway parking. HOA’s include internet/cable, access to the fitness center, pool/hot tub and tennis court. Come home to this harmonious blend of comfort and style!

91-1107 Waikai Street, Ewa Beach

$2,100,000

3 Beds ⋅ 2 Baths ⋅ 202420936 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM

Welcome to Hawaii Kai's desirable Triangle neighborhood, by Portlock and Koko Kai. Enjoy the sweeping Ko'olau mountain range and pockets of serene ocean views from your covered lanai. Renovated in 2018, this single level home boasts 33 owned PV panels, Permalock metal roofing panels, an open kitchen w/stainless steel appliances and a spacious private landscaped yard w/mango, lime and plumeria trees to embody true island living. Conveniently located near Hanauma Bay, Koko Marina Center, Costco and world famous beaches and hikes make this home the perfect piece of paradise. Assumable Loan available at 2.25% w/balance at approx. $1,090,000. Come and see this home today!

165 Nawiliwili Street, Honolulu

$2,875,000

6 Beds ⋅ 5 Baths ⋅ 202420998 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM

Almost brand new custom build in 2021, this immaculate 6bdrm/4.5bath with a legal ADU (Accessory Dwelling Unit) has it all. New pool built in 2021, newly installed 28 owned PV panels with 2 Tesla backup batteries, new vinyl privacy fencing, new irrigation/drainage systems, tailored new landscaping, custom built-in entry and primary closet cabinetry, custom shades/shutters/curtains throughout, 2 legal kitchens, 2 main home suites, 2 laundry rooms, large walk-in pantry, bonus room for an office or den, soaring 25ft. ceilings with natural light, and much more. Located on one of the most desired streets in Aina Haina, with ample level street parking, blocks from shopping, dining, schools, beach parks, professional offices, and not far from Downtown.

5322 Manauwea Street, Honolulu

$1,798,000

3 Beds ⋅ 2 Baths ⋅ 202420918 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM

Welcome to this stunning home on a quiet street with golf course views. Discover your dream home in one of Kailua’s most sought-after enchanted lake neighborhoods on a quiet safe street! This beautiful house sits on a spacious, nearly level lot of 11,747 sq. ft., providing ample room for outdoor activities, gardening, or future expansion. The backyard connects to a gentle hill, where you can enjoy stunning, unobstructed views of the lush golf course. Located in close proximity to the iconic Kailua Beach and Lanikai Beach, the famous Lanikai Pillbox hiking trail, this home offers the perfect blend of relaxation and outdoor adventure. In addition to 1,774 sq. ft. main living area , it includes a bonus 324 sq. ft. office or guest room and 120 sq. ft. laundry area, offering extra flexibility. Renovated in 2016 and well-maintained by the current owner, the home combines modern comforts with timeless charm, though it is being sold as-is. Don't wait, schedule your viewing today and experience what Enchanted Lake living can offer you!

1062 Kamahele Street, Kailua

$3,898,000

3 Beds ⋅ 4 Baths ⋅ 202420934 MLS ⋅ FS - Fee Simple Tenure ⋅ 1 DOM

Enjoy this exceptional Mediterranean villa, beautifully designed by award-winning architect, Group 70 International! This home provides the perfect harmonious formal and casual lifestyle blending indoor and outdoor living, in the prestigious gated community of Hawaii Loa Ridge. Located on a highly-desired street with a large, oversized plot of land. Enjoy stunning panoramic Pacific Ocean views and beyond. This home has been meticulously maintained for your comfort. Boasting an open, flowing floor plan, this homes’ features include: soaring high ceilings, designer finishes, a large primary suite with home office or den, gourmet chef’s kitchen equipped with Sub-Zero & Wolf appliances, central A/C system, built-in stereo system, security alarm, hardwood flooring, owned PV panels, and an elevator! Entertain your guests poolside equipped with a full wet bar and huge, covered outdoor lanai. Tropical landscaping with a lush, grassy lawn & a huge bonus – fruit trees! The extra-large land size provides potential to expand. This home is a must see!

460 Maono Loop, Honolulu

$10,250,000

4 Beds ⋅ 5 Baths ⋅ 202412573 MLS ⋅ FS - Fee Simple Tenure ⋅ 7 DOM

Stroll beachfront with your morning coffee from the covered lanai of this turn-key oceanfront estate and onto a lush lawn, dotted with palm trees & framed by the Pacific stretching out before you. The open layout of this single-family estate+guest house offers sea breezes & views year-round. Extensively remodeled in 2021, nearly every inch of this home has been updated- top-of-the-line luxury finishes, fixtures, & a state-of-the-art lighting & technology package. This is a rare find in Hawaii, satisfying those desiring a fresh, barefoot luxury, resort-style home. A bright, spacious kitchen featuring natural stone countertops, Sub-Zero, Wolf & Thermador appliances, a 100-bottle wine refrigerator, as well as the convenience of a second kitchen in the guest house, make for effortless entertaining. The vaulted plantation-style ceilings, hardwood floors, & neutral colors throughout lend an air of laid-back glamor to this North Shore property. All the famed activities of Oahu’s North Shore are right out your backdoor including vibrant reefs for snorkeling, Silva’s Channels and Glass Doors surf spots, and miles of white sandy beach for beach walks, snorkeling, kayaking & paddle boarding.

68-361 Crozier Drive, Waialua

$3,188,000

202420806 MLS ⋅ FS - Fee Simple Tenure ⋅ 2 DOM

Discover your own oasis nestled on 3 acres of picturesque land with a tranquil stream and breathtaking mountain views. This property features 1 bedroom, 1 bath and Outdoor kitchen perfect for enjoying the natural surroundings Serene atmosphere ideal for relaxation and rejuvenation .Whether you're seeking a peaceful retreat or a place to create your dream home, this property offers endless possibilities to enjoy nature's beauty. Conveniently located just a 1-minute walk from Haleiwa town, enjoy easy access to paddle boarding, dining, and more. Don't miss the chance to make this serene haven your own!

66-86 Haleiwa Road, Haleiwa

$1,795,000

7 Beds ⋅ 4 Baths ⋅ 202420825 MLS ⋅ FS - Fee Simple Tenure ⋅ 3 DOM

There's no better location than beautiful Kaimuki. Enjoy great ocean and Diamond Head views from this two-story family house. Freshly painted and move-in ready with a 25-panel PV system and solar water heater. Two-car garage and available street parking in a friendly neighborhood. Close to schools, a library, parks, a shopping mall, small business shops, and many restaurants. The main level has four bedrooms and two full baths, a living room, a family room, a laundry room, and a full kitchen. The upper level has a nice wet bar, three bedrooms, and three full baths. Check out our virtual tour! The first Sunday Open House is on September 15 from 2:00 p.m. to 5:00 p.m.

618 9th Avenue, Honolulu

$2,380,000

4 Beds ⋅ 3 Baths ⋅ 202420808 MLS ⋅ FS - Fee Simple Tenure ⋅ 3 DOM

Welcome to this perfect blend of expert stonemasonry and modern luxuries. Featuring 4 large bedrooms, 3 remodeled bathrooms, a living room with picture window, separate dining room, family-sized kitchen, 2 car secured garage with a bonus parking, and covered private patio. The one-of-a-kind, private patio comes with your very own movie projector with 120" screen, 12 skylights, and space to keep your surfboards/bicycles. Real grass in the back yard and stone garden in the front yard. Wall AC in every bedroom. Brand new windows with sturdy vertical blinds give this home the peace and quiet that you have been looking for. Close to Kahala Mall and beaches. All utilities included.

4153 Kilauea Avenue, Honolulu

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.