About 1597 Pele Street
1597 Pele Street condos rarely make it onto the market. It's a case of being not only an extremely attractive place to live, but also the scarcity of the units. There are only 4, after all, ensuring you have just 1 neighbor on your floor and 3 in the whole building.
The floor plans are uniform throughout, every home being 3BR/2BA with 1,004 sq ft in the interior. Lanais are also the same for each, providing 96 sq ft of room outside.
Sitting just off of what is roughly the southwest corner of Punchbowl's slopes, the building occupies much higher ground than the city makai of it. In addition, Pele Street has a good grade upward itself, so 1597 Pele is perched above its immediate neighbor, providing a clear vista that way.
The views take in Honolulu's sweeping cityscape along with the night lights twinkling every evening to keep you company.
This site makes it easy for you to get into Downtown, even on foot, for a commute that just might be called 'pleasant', so easy is it. You can also check out the ono tastes of Chinatown's restaurants and its boutique stores, too.
H1 is only two blocks from home, too, so you can be off and running anywhere on Oahu without delay.
It is true that the sighting of a 1597 Pele listing is rare, but as it is said, and it is true – “Good things come to those who wait”.
The price range of condos for sale in Metro Honolulu is $25K to $36M with a median price of $496K and median interior of 830sf.
The median price of condos sold in Metro Honolulu year-to-date (2016) is $385K. In previous years it was $355K (2015), $340K (2014), $340K (2013), $315K (2012), $302K (2011), $310K (2010), $307K (2009), $322K (2008), $361K (2007), $290K (2006), $258K (2005), $225K (2004), $180K (2003).
2701 condos have sold in Metro Honolulu year-to-date (2016). In previous years, the total number of condos sold were 2640 (2015), 2625 (2014), 2886 (2013), 2439 (2012), 2203 (2011), 2099 (2010), 1888 (2009), 2129 (2008), 3500 (2007), 4749 (2006), 4360 (2005), 4026 (2004), 3272 (2003).
On average Metro Honolulu condos were on the market for 89 days before they were sold (2016). In previous years it was 89 days (2015), 87 days (2014), 69 days (2013), 61 days (2012), 68 days (2011), 67 days (2010), 77 days (2009), 70 days (2008), 55 days (2007), 38 days (2006), 43 days (2005), 53 days (2004), 73 days (2003).
The average days on market for Metro Honolulu condos before sold was 84 days November 2016 compared to 86 days November 2015.
The ratio of Metro Honolulu condos sales price vs list price was 98.5% November 2016 compared to 96.8% November 2015.
218 Metro Honolulu condos were sold November 2016 compared to 197 condos sold November 2015.
The total dollar volume of condos currently for sale in Metro Honolulu is $1.16B and the sold dollar volume year-to-date (2016) is $1.3B. In previous years sold dollar volume was $1.15B (2015), $1.12B (2014), $1.17B (2013), $950.04M (2012), $851.48M (2011), $830.66M (2010), $695.6M (2009), $831.02M (2008), $1.5B (2007), $1.92B (2006), $1.36B (2005), $1.08B (2004), $700.53M (2003).
The most recent sale in Metro Honolulu was a condo located at #1312 Century Center, sold for $100K on Dec 05, 2016. It had 300sf of interior. 9 other recent sales include: #1808 Waikiki Lanais (523sf) sold for $265K on 12/5/2016. #1502 Trump Tower Waikiki (795sf) sold for $935K on 12/5/2016. #305 1015 Wilder (1,489sf) sold for $739K on 12/5/2016. #934 Ala Moana Hotel Condo (246sf) sold for $155K on 12/5/2016. #910 Town House (534sf) sold for $330K on 12/5/2016. #303 Kapiolani House (1,200sf) sold for $549K on 12/5/2016. #10D Uraku Tower Hawaii (1,185sf) sold for $555K on 12/5/2016. #302 Punahou Wilder (594sf) sold for $380K on 12/5/2016. #2309 The Ritz-Carlton Residences (813sf) sold for $1.65M on 12/5/2016.
In Metro Honolulu there is currently 1,015 fee simple and 211 leasehold units for sale. 641 of the condos have ocean views, 274 have Diamond Head views and 596 have mountain views.
There are 162 studio floor plans, 360 x 1 bedroom floor plans, 546 x 2 bedroom floor plans, 142 x 3 bedroom floor plans and 10 x 4 bedroom floor plans.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 06, 2016. Information is deemed reliable but not guaranteed.