Built: 1974, 7 Stories, 35 Units, 1BR, Pets: OK (verify).
Amenities: None.
Short-term Vacation Renting: Not Allowed.
Hale Hoaloha is a small Honolulu condo building in the makai side of Moiliili/McCully, within walking distance to nearby spots like McCully Shopping Center, Longs, Down to Earth, and Ala Wai Park.
It consists entirely of 1-bedroom, 1-bath units, mostly 395 sq ft with a few larger 596 sq ft units, plus 57 sq ft lanais. Some units have in-unit laundry; others use the building's secured community laundry. Views include city lights, mountains, and Diamond Head.
Over the past three years, there is 1 or more years with 0 condo sales in Hale Hoaloha, which makes making a graph not very relevant. The graph above, therefore, represents all Kapiolani condos, which provides a larger dataset and greater statistical significance for drawing meaningful conclusions.
Kapiolani Market Summary (February '25 - January '26 vs February '24 - January '25)
Median Sales Price: $404,000 vs $421,500 — down 4.15%
Number of Sales: 167 vs 164 — up 1.83%
List-to-Sale Price Ratio: 96.42% vs 98.72% — down 2.33%
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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.
