Summary
As you can see in the chart below, winter sales at Imperial Plaza were extremely slow, but are beginning to pick up. Four of the 12 apartments for sale offer more than 2000 square feet of living space. That’s quite rare and the listing prices seem very affordable ($899,000-$999,999). The main drawback to these spacious apartments is the large maintenance fee (ranging from $1800-$2200) that comes with them.
Imperial Plaza Listings vs. Sales
The chart above shows the number of sales recorded each month vs. the number of apartments available for sale at the end of the month. The number of apartments for sale varied quite a bit over the past year and sales have been sporadic as well. In the last six months, Imperial Plaza averaged just two sales every three months. At that pace, it will take 18 months to sell the 12 apartments listed for sale.
725 Kapiolani Blvd., Honolulu, HI 96813
Built: 1991
Availability
Apartments in the building: 205
Apartments available for sale: 12
Average days on market to date: 128
Apartments listed for sale in the last 30 days: 0
Months of inventory available: 18.0
Sales
Apartments under contract in escrow: 1
Apartments sold in the last 90 days: 3
Average days on market: 93
Sales Price / List Price: 91%
Do you have questions about The Imperial Plaza? If so, contact Michael Zimmerman for a no obligation consultation. Please visit my web site to view Imperial Plaza apartments for sale or conduct your own Honolulu home search.
