The Nuuanu neighborhood is best known for its territory on, and just off of, the Pali Highway. That's to be expected, since that's where you'll find so many of the Old Kamaaina houses and estates. However, Nuuanu is also home to many excellent condominiums, even if they sit in the shadow of those classic residences.
This entire district drew the elite even in the times of the old Alii, who made their way here especially in the summer months to take advantage of the cooler climes.
The thick flora, that is still present today all over Nuuanu, cast needed shade as well as creating a wonderfully green setting. So plentiful are the trees and plants, they set this area distinctly apart from much of Honolulu. You feel fully embraced and protected when you live within these forests.
The upward slope of much of this neighborhood is also made for views, looking down upon Honolulu's central areas and the blue of the ocean that goes so well with your emerald surroundings.
The condos of this district are primarily on the Nuuanu Avenue section, before it intersects with the Pali Highway. They're often very nice, such as the Nuuanu Parkside, a luxury property of all 2 & 3 bedrooms that have lanais of at least 189 sq ft, on up to 346 sq ft. They're perfect for panoramic vistas of the city, the mountains and the waters around our Island. You know it's luxury when the building has not only a private park, but also a wine cellar.
Another well-known residence is Craigside, a gated condominium with pool, tennis courts and many other amenities. All floor plans, from 1 to 3 bedrooms, are roomy, but the crowning touch are the two story penthouse units that can see for miles. And miles.
Not all condos in Nuuanu are high-rises. Take a look at Streamside, which keeps the “___side” tradition intact, but is decidedly low-rise. It's townhome community that's gated with large dimensions in their split-level 2 and 3BRs, most with over 1,100 sq ft of interior. What makes life stand out most is its neighbor across the street, Liliuokalani Botanical Gardens. You truly have an Eden of your own here.
Nuuanu remains a generally higher-end neighborhood, with its idyllic setting, crisper temperatures and wide angle views. All of this conveniently close to Downtown's offices and the city's shopping and dining. Though most famous for its old estates, discerning home buyers will get to know the condos, knowing that there's treasures to be uncovered there, too.
The price range of condos for sale in Nuuanu is $270K to $850K with a median price of $399K and median interior of 798sf.
The median price of condos sold in Nuuanu year-to-date (2016) is $435K. In previous years it was $392K (2015), $430K (2014), $357K (2013), $364K (2012), $357K (2011), $307K (2010), $360K (2009), $341K (2008), $350K (2007), $330K (2006), $294K (2005), $269K (2004), $210K (2003).
35 condos have sold in Nuuanu year-to-date (2016). In previous years, the total number of condos sold were 53 (2015), 31 (2014), 32 (2013), 42 (2012), 33 (2011), 30 (2010), 27 (2009), 37 (2008), 47 (2007), 43 (2006), 52 (2005), 76 (2004), 67 (2003).
On average Nuuanu condos were on the market for 85 days before they were sold (2016). In previous years it was 82 days (2015), 77 days (2014), 68 days (2013), 64 days (2012), 74 days (2011), 43 days (2010), 94 days (2009), 45 days (2008), 49 days (2007), 33 days (2006), 46 days (2005), 46 days (2004), 57 days (2003).
The average days on market for Nuuanu condos before sold was 43 days November 2016 compared to 81 days November 2015.
The ratio of Nuuanu condos sales price vs list price was 98.5% November 2016 compared to 98.2% November 2015.
3 Nuuanu condos were sold November 2016 compared to 5 condos sold November 2015.
The total dollar volume of condos currently for sale in Nuuanu is $6.93M and the sold dollar volume year-to-date (2016) is $18.47M. In previous years sold dollar volume was $24.65M (2015), $13.98M (2014), $12.99M (2013), $16.59M (2012), $12.79M (2011), $10.89M (2010), $10.42M (2009), $14.77M (2008), $18.58M (2007), $16M (2006), $17.29M (2005), $22.48M (2004), $17.38M (2003).
The most recent sale in Nuuanu was a condo located at # 2040 Nuuanu, sold for $375K on Dec 02, 2016. It had 551sf of interior. 9 other recent sales include: #2003 Nuuanu Brookside (707sf) sold for $342K on 12/2/2016. #119 1634 Nuuanu (837sf) sold for $460K on 12/1/2016. #601 Craigside (1,451sf) sold for $650K on 11/9/2016. #1704 Nuuanu Brookside (698sf) sold for $322K on 11/4/2016. #I2105 Craigside (1,409sf) sold for $625K on 11/1/2016. #I/401 Craigside (1,451sf) sold for $640K on 10/17/2016. #1703 Nuuanu Brookside (628sf) sold for $330K on 10/14/2016. #219 1634 Nuuanu (837sf) sold for $435K on 10/12/2016. #PHB2 Craigside (798sf) sold for $545K on 10/11/2016.
In Nuuanu there is currently 10 fee simple and 5 leasehold units for sale. 7 of the condos have ocean views, 2 have Diamond Head views and 7 have mountain views.
There are 2 studio floor plans, 4 x 1 bedroom floor plans, 5 x 2 bedroom floor plans, 3 x 3 bedroom floor plans and 1 x 4 bedroom floor plan.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 09, 2016. Information is deemed reliable but not guaranteed.