Built in 1974, 240 Units on 35 Floors, Studio - 4BR, Pets: No.
Amenities include Pool, Recreation Area, Meeting Rooms, Club House, Security Guard.
About Banyan Tree Plaza The Banyan Tree Plaza condos are found right where Makiki transitions from urban area to a more open residential neighborhood toward the mountains. This location on the corner of Punahou St and Beretania Ave puts you right on a veritable expressway for getting around Honolulu.
H1 runs just a block mauka, erasing frustrating minutes spent just getting to, and on, the highway. Your cross street, Beretania Ave, is a direct line to downtown, a godsend if you work in that district. Finally, Kalakua Ave is a block away, which you can follow right into Waikiki to all the entertainment, shops and beaches that are world-famous for a reason.
What about your home base? The units in the Banyan Tree are a mix of good to excellent sizes, ensuring you can't go wrong here. 1BRs start at 514 sq ft, but most take in 715, a generous amount of interior space for Honolulu.
The 2BRs also have two sizes, the smaller at 981 sq ft and the larger ballooning to a huge 1,398. 3BRs begin with 1,356 sq ft and go to a high of 1,420, with the 4BRs all taking up 1,762 sq ft. Each condo has at least one lanai, with varying sizes, from 32 sq ft to as much as 158.
The views are incredible, because the building dwarfs much of the surrounding area. From your lanai and windows you can see a huge sweep of Honolulu, Waikiki and Diamond Head herself looming on the south shore. At night all of that turns into a sparkling galaxy of lights that will demand your gaze when the sun goes down.
From here you're on the starting block for getting to every part of urban Honolulu in no time at all. When it's time to spend a night in, you still have the key to this beautiful city as you look out upon it from the comfort of your home in the Banyan Tree Plaza.
Banyan Tree Plaza is a condo with a mix of fee simple and leasehold units. Consequently, a performance graph specific to Banyan Tree Plaza may be less indicative of market trends. Therefore, the graph above depicts the fee simple performance of Makiki condos, offering a more meaningful representation of the surrounding market.
Makiki Market Summary (January '25 - December '25 vs January '24 - December '24)
Median Sales Price: $355,000 vs $410,000 — down 13.41%
Number of Sales: 202 vs 227 — down 11.01%
List-to-Sale Price Ratio: 97.39% vs 97.64% — down 0.26%
Median Days on Market: 47 vs 38 — up 23.68%
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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.
