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July 2012 Honolulu Condominium Market Report: One Waterfront Towers

One Waterfront Towers Condominium
415-425 South Street, Honolulu, HI 96813
Built: 1989

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 trended lower throughout the last 12 months.  In the last six months, One Waterfront Towers averaged one sale each month.  At that pace, it will take nine months to sell the nine apartments listed for sale.

Homes for Sale:

Schools
Elementary:  Royal
Middle:  Central
High:  McKinley 

Features
Located right next to Restaurant Row which includes Ruth’s Chris Steak House and it’s just steps away from Kakaako Waterfront Park

Availability
Apartments in the building:  302
Apartments available for sale:  9
Average days on market to date:  96
Apartments listed for sale in the last 30 days:  1
Months of inventory available:  9.0

Sales
Apartments under contract in escrow:  2
Apartments sold in the last 90 days:  2
Average days on market:  23
Average price per square foot:  $457.66
Sales Price / List Price:  98%
Last three home sales:
Makai/404 sold on 6/29/12 for $560,000
Makai/2904 sold on 4/26/12 for $694,000
Makai/3303 sold on 3/13/12 for $570,000

What else would you like to know about One Waterfront Towers?  Please visit my web site to request free reports for buyers or sellers or conduct your own Honolulu condo search.  If you’re thinking of selling your home, contact Real Estate Agent Michael Zimmerman for a no obligation consultation.




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




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