About Kapiolani & McCully Condos Condos in the McCully / Kapiolani area of Honolulu are located in one of the more convenient neighborhoods in the city. It’s centrally located, offering an easy commute to the business district in Downtown Honolulu and to the University of Hawaii at Manoa, as well as easy access to Ala Moana Center, Waikiki, Diamond Head and the freeway. Restaurants and commercial businesses line Kapiolani Blvd. and McCully Shopping Center is home to popular boutiques and restaurants, so residents have access to just about anything they could want or need. Kapiolani is home to high rise apartment buildings and condos located along the major roads, and single-family homes located back on the smaller streets. This is a popular neighborhood for working professionals, students, and young families who want to stay close to schools, work, and the action in the Waikiki, Diamond Head and Ala Moana areas.
Kapiolani condos are located directly on, or adjacent to, Kapiolani Blvd., which runs east to west through Honolulu from the downtown area to Kaimuki. Condos in Kapiolani like the Ala Wai Plaza, Marco Polo, Royal Iolani, and Iolani Court Plaza offer enticing features like great views, amenities including heated pools, tennis courts, BBQ areas and fitness centers, security and variety in the size and layout of their units. All of these buildings have their individual attractions, but all of them are close to Ala Wai Field, Ala Wai Elementary School, the prestigious private Iolani School, and the Ala Wai Golf Course. They also offer parking for guests and residents, which is a luxury in itself in Honolulu.
The Marco Polo is the largest condo in the Kapiolani neighborhood, with close to 600 units and 36 stories. The aerodynamic curve of the building, and its position along the Ala Wai Canal, makes it one of the most recognizable buildings in the area. Units range from studios to 2 BR/2 BA configurations and enjoy unobstructed views of Ala Wai Field and Canal, plus great views of Waikiki from higher floors.
The Royal Iolani is a complex of two 39 story buildings, offering 295 units in 1 BR/1 BA to 3 BR/2 BA configurations. Units at the Royal Iolani are attractive because of their large floor plans, large lanais and expansive views of Waikiki, Diamond Head and Ala Wai Golf Course.
Ala Wai Plaza, on University Avenue, offers 340 units that range from 1 BR/1 BA to 3 BR/2.5 BA floor plans. The 2 and 3 BR units have two stories, which is a unique feature in Honolulu. Those on the ocean side offer impressive views of Waikiki and Ala Wai Canal.
Iolani Court Plaza, located right next to Iolani School, offers 341 units on 38 floors. Units come in 1 BR/1 BA to 3 BR/2 BA layouts and offer views spanning the golf course, Diamond Head, Waikiki and the ocean from the top floors. Penthouse condos feature high cathedral ceilings.
Buyers who want a central location for their condo in Honolulu should consider the condos in the McCully / Kapiolani neighborhoods. It offers residents close proximity to beaches, businesses, schools, recreation and nightlife. It’s hard to ask for anything else!
The price range of condos for sale in Mccully/Kapiolani is $65K to $1.58M with a median price of $384K and median interior of 778sf.
The median price of condos sold in Mccully/Kapiolani year-to-date (Jan - Feb 20, 2017) is $376K. In previous years it was $380K (2016), $315K (2015), $276K (2014), $314K (2013), $300K (2012), $297K (2011), $296K (2010), $290K (2009), $317K (2008), $334K (2007), $280K (2006), $259K (2005), $199K (2004), $180K (2003).
34 condos have sold in Mccully/Kapiolani year-to-date (Jan - Feb 20, 2017). In previous years, the total number of condos sold were 335 (2016), 355 (2015), 454 (2014), 328 (2013), 351 (2012), 287 (2011), 275 (2010), 289 (2009), 302 (2008), 395 (2007), 385 (2006), 545 (2005), 560 (2004), 511 (2003).
On average Mccully/Kapiolani condos were on the market for 50 days before they were sold (Jan - Feb 20, 2017). In previous years it was 77 days (2016), 77 days (2015), 82 days (2014), 67 days (2013), 53 days (2012), 62 days (2011), 53 days (2010), 68 days (2009), 58 days (2008), 57 days (2007), 53 days (2006), 36 days (2005), 49 days (2004), 62 days (2003).
The average days on market for Mccully/Kapiolani condos before sold was 48 days January 2017 compared to 86 days January 2016.
The ratio of Mccully/Kapiolani condos sales price vs list price was 98.6% January 2017 compared to 97.1% January 2016.
22 Mccully/Kapiolani condos were sold January 2017 compared to 28 condos sold January 2016.
The total dollar volume of condos currently for sale in Mccully/Kapiolani is $50.38M and the sold dollar volume year-to-date (Jan - Feb 20, 2017) is $12.6M. In previous years sold dollar volume was $135.8M (2016), $122.85M (2015), $144.06M (2014), $107.59M (2013), $113.74M (2012), $91.51M (2011), $84.76M (2010), $88.1M (2009), $98.65M (2008), $133.5M (2007), $119.08M (2006), $155.9M (2005), $129.42M (2004), $102.68M (2003).
The most recent sale in Mccully/Kapiolani was a condo located at #1202 , sold for $383K on Feb 17, 2017. It had 600sf of interior. 9 other recent sales include: #1905 (791sf) sold for $90K on 2/17/2017. #802 (778sf) sold for $456K on 2/17/2017. #1006 (918sf) sold for $390K on 2/15/2017. #1801 (300sf) sold for $126K on 2/8/2017. #3208 (1,082sf) sold for $695K on 2/6/2017. #702 (605sf) sold for $410K on 2/6/2017. #409 (503sf) sold for $350K on 2/6/2017. #3504 (1,065sf) sold for $473K on 2/3/2017. #913 (448sf) sold for $237K on 2/3/2017.
In Mccully/Kapiolani there is currently 95 fee simple and 25 leasehold units for sale. 31 of the condos have ocean views, 38 have Diamond Head views and 62 have mountain views.
There are 25 studio floor plans, 16 x 1 bedroom floor plans, 61 x 2 bedroom floor plans and 17 x 3 bedroom floor plans.