Palms Inc, centrally located in the heart of Waikiki across from the International Marketplace, just minutes from central Waikiki Beach, offers community laundry, in-unit washer/dryer in select units, secure covered parking (1 stall per unit), and ample guest parking.
Note: Palms Inc is different from Palms at Waikiki, which allows short-term renting.
Units
Layouts include 1BRs (615 sq ft), 2BRs (mostly 824-950 sq ft, one at 1,804 sq ft), and 3 3BRs (1,661 sq ft).
High-floor 2BR/2BA Diamond Head-side corner units feature lanais with cooling trade winds and separate entrances for the second bedroom, perfect for guests or rental income.
Over the past 3 years, an average of 5.3 fee simple condos sold per year in Palms Inc. This small sample size means the graph may not capture the full market picture.
The Palms Inc graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
Palms Inc Market Summary (January '25 - December '25 vs January '24 - December '24)
Median Sales Price: $456,000 vs $505,000 — down 9.70%
Number of Sales: 1 vs 9 — down 88.89%
List-to-Sale Price Ratio: 99.13% vs 98.06% — up 1.09%
We are a team of licensed real estate agents with decades of experience and in-depth knowledge of the pros & cons of every Waikiki building and each residence type within them. For an informed decision when making your purchase, contact us here at Hawaii Living.
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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.
