Hokua At 1288 Ala Moana

July 2009 Hokua at 1288 Ala Moana Condominium Market Report Honolulu

Summary What a difference a few months make!  Not a single Hokua apartment sold since my March 2009 Market Report.  While there are two apartments in escrow, the last Hokua sale recorded on February 25.   The weak economy has affected Hokua sales, but it’s more than the economy.  The average list price is nearly $2.4 million, … Continue reading July 2009 Hokua at 1288 Ala Moana Condominium Market Report Honolulu

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March 2009 Hokua at 1288 Ala Moana Condominium Market Report Honolulu

Summary Despite a weak economy, apartment sales continue at Hokua.  In the last six months, the average sale price has exceeded $2.2 million and five of the eight sales were cash purchases.  Tough economic conditions have forced new, high-end condo construction projects on Ala Moana Blvd. to the back burner, thus preserving Hokua’s position as the premier Kakaako condominium.   … Continue reading March 2009 Hokua at 1288 Ala Moana Condominium Market Report Honolulu

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September 2008 Hokua at 1288 Ala Moana Condominium Market Report Honolulu

Summary The number of Hokua condo sales have fallen dramatically since my May Market Report.  Consequently, if the sales rate doesn’t change, it will take over 25 months to sell all units offered for sale.  12 of the 17 condos for sale have been on the market over 200 days and some have been available a great deal longer than … Continue reading September 2008 Hokua at 1288 Ala Moana Condominium Market Report Honolulu

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May 2008 Hokua at 1288 Ala Moana Condominium Market Report Honolulu

Summary The sales pace at Hokua slowed since my last report.  At the current sales rate, it would take over 11 months to sell all units offered for sale and that assumes sellers move their asking price closer to the price buyers are willing to pay.  11 of 15 units for sale have been on and off the market … Continue reading May 2008 Hokua at 1288 Ala Moana Condominium Market Report Honolulu

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March 2008 Hokua at 1288 Ala Moana Condominium Market Report Honolulu

Hokua at 1288 Ala Moana Condominium 1288 Ala Moana Blvd., Honolulu, HI 96814 Built:  2006 Elementary School:  Kaahumanu Middle School:  Central High School:  McKinley Features P.F. Chang’s China Bistro, Starbucks and the Tango restaurant are all located on the bottom floor. Summary 17 Hokua units sold in the last 12 months and 4 of the 17 sellers waited over 200 days … Continue reading March 2008 Hokua at 1288 Ala Moana Condominium Market Report Honolulu

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