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June 2012 Honolulu Condominium Market Report: Hokua at 1288 Ala Moana

Hokua at 1288 Ala Moana Condominium
1288 Ala Moana Blvd., Honolulu, HI 96814
Built: 2006

The chart above shows the number of sales recorded each month vs. the number of apartments available for sale at the end of each month.  In the last six months, Hokua averaged under one sale each month.  If that pace continues, it will take nearly 10 months to sell the eight apartments available.  Specific sales statistics are listed below.

Homes for Sale:

Elementary School:  Kaahumanu
Middle School:  Central
High School:  McKinley

Conveniently located one block from Ward Centers and just a few blocks from the Ala Moana Shopping Center and Nordstrom located on Kapiolani Blvd.

P.F. Chang’s China Bistro and the Tango Contemporary Café are located on the bottom floor.

Apartments in the building:  246
Apartments available for sale:  8
Average days on market to date:  80
Apartments listed for sale in the last 30 days:  3
Months of inventory available:  9.6

Apartments under contract in escrow:  1
Apartments sold in the last 90 days:  1
Average days on market:  30
Average price per square foot:  $1354.44
Sales Price / List Price:  95%
Last three home sales:
18F sold on 4/2/12 for $2,075,000
7E sold on 2/16/12 for $1,880,000
23D sold on 2/8/12 for $3,600,000

Are you interested in learning more about Hokua at 1288 Ala Moana?  If so, contact Real Estate Agent Michael Zimmerman for a no obligation consultation.  Please visit my web site to order special reports for buyers and sellers or conduct your own Honolulu condo search.

Michael Zimmerman Inc. License RB-21523
Michael Zimmerman (B), Realtor®
1177 Queen Street #2901
Honolulu, HI 96814
Direct: 808-457-9683
Fax: 808-275-3256
Licensed in the State of Hawaii

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