Summary
Capitol Place has a great range of amenities that will appeal to nearly everyone and there is a really nice mix of apartments for sale in the community right now.  Whether you need one, two or three bedrooms, several of each are available at different floor heights.  Despite a couple of slow winter months, sales have been strong and it appears that trend will continue into the summer.

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 fluctuated through most of 2010, but has been stable for several months.  In the last six months, Capitol Place averaged a little more than two sales per month.  At that pace, it will take six months to sell the 14 apartments still available for sale.

Capitol Place Condominium
1200 Queen Emma Street, Honolulu, HI 96813
Built:  2008

Apartments currently available:

Schools
Elementary:  Royal
Middle:  Central
High:  McKinley 

Availability
Apartments in the building:  394
Apartments available for sale:  14
Average days on market to date:  129
Apartments listed for sale in the last 30 days:  3
Months of inventory available:  6.0 

Sales
Apartments under contract in escrow:  5
Apartments sold in the last 90 days:  9
Average days on market:  48
Average price per square foot:  $671.15
Sales Price / List Price:  97% 
Last three sold:
1702 sold on 3/16/11 for $769,000
1707 sold on 3/11/11 for $690,000
2912 sold on 2/16/11 for $835,000

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

]]> http://michael-zimmerman.com/2011/04/03/april-2011-honolulu-condominium-market-report-capitol-place/feed/ 0 http://michael-zimmerman.com/2010/09/16/september-2010-honolulu-condominium-market-report-capitol-place/ http://michael-zimmerman.com/2010/09/16/september-2010-honolulu-condominium-market-report-capitol-place/#comments Thu, 16 Sep 2010 10:16:49 +0000 Michael Zimmerman http://zimmerman.realty-buzz.com/?p=3504 Continue reading September 2010 Honolulu Condominium Market Report – Capitol Place]]>

Summary
The Capitol Place condo market has undergone another dramatic shift in the last eight months.  Taking advantage of a consistent sales rate, more and more owners are selling to meet and exceed the market’s strong demand.

Capitol Place Condominium
1200 Queen Emma Street, Honolulu, HI 96813
Built:  2008

Schools
Elementary:  Royal
Middle:  Central
High:  McKinley 

Availability
Apartments in the building:  394
Apartments available for sale:  12
Average days on market to date:  92
Apartments listed for sale in the last 30 days:  0
Months of inventory available:  6.0 

Sales
Apartments under contract in escrow:  5
Apartments sold in the last 90 days:  9
Average days on market:  44
Average price per square foot:  $596.37
Sales Price / List Price:  97% 

What else would you like to know about Capitol Place?  Please visit my web site to view Honolulu condos for sale or request free reports for buyers or sellers.  If you’re thinking of selling your home, contact Michael Zimmerman for a no obligation consultation.

]]> http://michael-zimmerman.com/2010/09/16/september-2010-honolulu-condominium-market-report-capitol-place/feed/ 0 http://michael-zimmerman.com/2008/05/01/may-2008-moana-pacific-condominium-market-report/ http://michael-zimmerman.com/2008/05/01/may-2008-moana-pacific-condominium-market-report/#comments Thu, 01 May 2008 16:33:34 +0000 Michael Zimmerman http://zimmerman.realty-buzz.com/2008/05/01/may-2008-moana-pacific-condominium-market-report/ Continue reading May 2008 Moana Pacific Condominium Market Report Honolulu]]>

Summary
Moana Pacific sales are still strong despite the fact that several units are listed significantly above market price.  18 units sold in the first quarter of 2008.  Two of these sales were initial sales by the developer.  Of the 36 units for sale, there is a great mix of one, two and three-bedroom floor plans, evenly spread from low to high floors.  12 of these units have been on the market over 100 days, presenting an opportunity for patient buyers.  The last five units sold at an average of 98% of their list price.  Specific sales statistics are listed below.

Moana Pacific Condominium
1288-1296 Kapiolani Blvd., Honolulu, HI 96814
Built:  2007

Schools
Elementary:  Kaahumanu
Middle:  Central
High:  McKinley

Location
Conveniently located a few blocks from the Ala Moana Shopping Center and the new Nordstrom store located at 1519 Kapiolani Blvd.

Feature
Co-located with the Honolulu Design Center, Stage Restaurant and Amuse Wine Bar.

Availability
Units in the building:  760
Units available for sale:  36
Average days on market to date:  90
Units listed for sale in the last 30 days:  10
Months of inventory available:  5.1

Sales
Units under contract in escrow:  6
Units sold in the last 30 days:  5
Average days on market:  50

What else would you like to know about sales activity at Moana Pacific?  Please visit my web site to view Moana Pacific units for sale or conduct your own Honolulu home search.  If you’re thinking of selling your home and don’t want to wait six months for a sale, contact Michael Zimmerman for a no obligation consultation.

Summary
Ko’olani sales are still strong despite the fact that several units are listed significantly above market price.  11 units sold in the first quarter of 2008, but three of those sales were slow-moving penthouse units that were on the market well over a year.  Of the 23 units for sale, there is a great mix of two and three-bedroom units.  Eight of these units have been on the market over 100 days, perhaps presenting an opportunity for patient buyers.  The last three units sold at an average of 95% of their list price.  Specific sales statistics are below.

Address:  1177 Queen Street, Honolulu, HI 96814
Built:  2006

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

Location
Conveniently located one block from the Ala Moana Shopping Center and the Whole Foods Market currently under construction.  Just a few blocks from Ward Centers and the new Nordstrom store located at 1519 Kapiolani Blvd.

Availability
Units in the building:  370
Units available for sale:  23
Average days on market to date:  104
Units listed for sale in the last 30 days:  5
Months of inventory available:  6.3 

Sales
Units under contract in escrow:  2
Units sold in the last 30 days:  3
Average days on market:  121

Would you like to learn more?  Please visit my web site to view Ko’olani units for sale, contact Michael Zimmerman for a no obligation consultation or conduct your own Honolulu home search.