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 $58K to $1.09M with a median price of $395K and median interior of 709sf.
The median price of condos sold in Mccully/Kapiolani year-to-date (Jan - Aug 21, 2017) is $383K. 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).
226 condos have sold in Mccully/Kapiolani year-to-date (Jan - Aug 21, 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 45 days before they were sold (Jan - Aug 21, 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 37 days July 2017 compared to 61 days July 2016.
The ratio of Mccully/Kapiolani condos sales price vs list price was 98.4% July 2017 compared to 98.6% July 2016.
25 Mccully/Kapiolani condos were sold July 2017 compared to 29 condos sold July 2016.
The total dollar volume of condos currently for sale in Mccully/Kapiolani is $48.98M and the sold dollar volume year-to-date (Jan - Aug 21, 2017) is $88.66M. 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 #3101 , sold for $550K on Aug 17, 2017. It had 1000sf of interior. 9 other recent sales include: #804 (586sf) sold for $335K on 8/17/2017. #706 (684sf) sold for $472K on 8/16/2017. #3906 (947sf) sold for $586K on 8/16/2017. #1603 (1,007sf) sold for $485K on 8/14/2017. #1306 (484sf) sold for $311K on 8/11/2017. #204 (598sf) sold for $271K on 8/10/2017. #1906 (300sf) sold for $132K on 8/10/2017. #608 (551sf) sold for $345K on 8/10/2017. #1504 (698sf) sold for $389K on 8/9/2017.
In Mccully/Kapiolani there is currently 97 fee simple and 20 leasehold units for sale. 39 of the condos have ocean views, 43 have Diamond Head views and 53 have mountain views.
There are 21 studio floor plans, 34 x 1 bedroom floor plans, 50 x 2 bedroom floor plans and 11 x 3 bedroom floor plans.