About Prospect Estates
Prospect Estates resembles few, if any, other Honolulu residences. Backed up against Punchbowl, it is a gated community of what are basically 11 single family homes. These 3 floor houses have it all – privacy, 2 car enclosed garages and very roomy spaces. But it doesn't end there.
The layouts divide up into homes with 3BR/2.5BA (1632, 1799 or 1934 sq ft) and 3BR/3BA (1799 or 1934 sq ft). Lanais provide 56 to 79 more sq ft to take in the sights.
Despite being only 3 stories, the height of the property brings in vast views of Honolulu's cityscape, the Koolau Mountains, Diamond Head's profile and even the ocean's blue depths.
The open layouts inside create a relaxing flow to the homes that Islanders love in their homes. Split A/C keeps it all cool and inviting, even on the hottest of days. Owners will especially love the large Master Suites that will truly pamper you.
Even with these beautiful interiors you'll want to enjoy the outdoors, so why not spend some of that time in the private park? Safe, quiet and exclusive, it's a favorite spot for Prospect Estate residents.
This is an amazing entry in Honolulu real estate that few know about and fewer ever get the opportunity to buy into. Keep your fingers crossed and be ready. When one comes up, it won't stay listed for very long.
The price range of condos for sale in Metro Honolulu is $25K to $36M with a median price of $499K and median interior of 833sf.
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 #404 The Residence at Makiki, sold for $510K on Dec 02, 2016. It had 747sf of interior. 9 other recent sales include: #2608 1717 Ala Wai (928sf) sold for $525K on 12/2/2016. #2417 Ilikai Apt Bldg (500sf) sold for $625K on 12/2/2016. #3621 Island Colony (570sf) sold for $425K on 12/2/2016. #304 Coty Tower (858sf) sold for $415K on 12/2/2016. #3704 Yacht Harbor Towers (1,453sf) sold for $890K on 12/2/2016. #405 Iolani Court Plaza (1,027sf) sold for $477K on 12/2/2016. #101 Fairway Gardens (710sf) sold for $345K on 12/2/2016. #2124 Ilikai Apt Bldg (500sf) sold for $710K on 12/2/2016. #601 Waikiki Skyliner (626sf) sold for $289K on 12/2/2016.
In Metro Honolulu there is currently 1,021 fee simple and 210 leasehold units for sale. 643 of the condos have ocean views, 275 have Diamond Head views and 594 have mountain views.
There are 158 studio floor plans, 364 x 1 bedroom floor plans, 551 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 04, 2016. Information is deemed reliable but not guaranteed.