12/31/2025 11 major Hawaii construction projects broke ground in 2025, including The Launiu Ward Village, Ward Village’s 11th tower, a 40-story luxury project that began construction in October with completion targeted for 2028. (Source: PBN)
12/31/2025 Starting Jan. 1, 13 new Hawaii laws take effect, including a higher “Green Fee” that raises hotel and vacation rental taxes from 9.25% to 10% and a property insurance law requiring insurers to give homeowners and condo owners 20 days’ notice before policy cancellations, up from 10 days. (Source: Hawaii News Now)
12/30/2025 Hawaii condo insurance premiums have dropped 30%–70% - saving millions statewide - as new state-run insurance programs introduced competition that forced private insurers to sharply cut rates and expand coverage availability. (Source: Hawaii News Now)
We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).
We count days on market from listing date through closing date.
