About Punchbowl Homes Punchbowl homes have the very enviable location just behind the prime sections of Honolulu, mauka of both the city's modern and historical centers. One thing that needs to be understood first, however, is that there are 2 sections that make up the whole, Upper and Lower Punchbowl.
Lower Punchbowl takes in the properties hugging the base of the volcanic cone, especially the eastern side, where it runs into Makiki. At certain points, those two neighborhoods blur together so either or both labels are sometimes applied to the same place.
Lower has been especially taken up with condominiums in recent decades, being closer to town and its flatter lands making it more accommodating to those structures.
Turn your eyes up the slopes and now you're looking at the Upper area, which holds the vast majority of Punchbowl houses – and what homes they are! These hills here were where middle to upper class Honolulu families first settled in the early 20th Century and many of those original residences stand proudly still.
Those early residents enjoyed the very same attractions that draw so many today. The high ground creates a lookout that takes in the prime areas of Honolulu – the new Kakaako, the Capitol and Downtown. Just a little further out from those, you're treated to the blanket of blue ocean laid out all along the horizon as well.
These can all be enjoyed from the numerous vintage Island houses that come on the market, some designed by famed architect Vladimir Ossipoff. These kamaaina homes perpetuate the genteel lifestyle those original residents reveled in for the enjoyment of today's home buyer.
New or vintage, a house here will cost you more than many other areas of Honolulu. Scan the Punchbowl real estate listings and a you'll see many priced at over $1M.
Unlike some areas, however, where the price is elevated just for being there, the perks of living on these hills are abundantly clear. Looking out at the city below you and the waves beyond, you know exactly what you paid for and why it was worth every bit of it.
The price range of houses for sale in Punchbowl is $549K to $2.6M with a median price of $1.08M, median interior of 1,657sf and median land size of 6,675sf.
The median price of houses sold in Punchbowl year-to-date (Jan - May 27, 2017) is $788K. In previous years it was $900K (2016), $970K (2015), $785K (2014), $734K (2013), $705K (2012), $599K (2011), $669K (2010), $640K (2009), $639K (2008), $654K (2007), $700K (2006), $626K (2005), $488K (2004), $438K (2003).
9 houses have sold in Punchbowl year-to-date (Jan - May 27, 2017). In previous years, the total number of houses sold were 37 (2016), 45 (2015), 20 (2014), 30 (2013), 20 (2012), 19 (2011), 31 (2010), 19 (2009), 31 (2008), 46 (2007), 30 (2006), 36 (2005), 36 (2004), 44 (2003).
On average Punchbowl houses were on the market for 45 days before they were sold (Jan - May 27, 2017). In previous years it was 112 days (2016), 124 days (2015), 80 days (2014), 104 days (2013), 52 days (2012), 84 days (2011), 106 days (2010), 39 days (2009), 69 days (2008), 70 days (2007), 81 days (2006), 58 days (2005), 65 days (2004), 84 days (2003).
The average days on market for Punchbowl houses before sold were 55 days April 2017 compared to 69 days April 2016.
The ratio of Punchbowl houses sales price vs list price were 100.2% April 2017 compared to 100.2% April 2016.
4 Punchbowl houses were sold April 2017 compared to 3 houses sold April 2016.
The total dollar volume of houses currently for sale in Punchbowl is $19.89M and the sold dollar volume year-to-date (Jan - May 27, 2017) is $8.88M. In previous years sold dollar volume was $35.25M (2016), $48.49M (2015), $15.98M (2014), $21.27M (2013), $13.66M (2012), $11.17M (2011), $21.46M (2010), $11.54M (2009), $19.44M (2008), $31.03M (2007), $19.62M (2006), $22.61M (2005), $17.49M (2004), $19.64M (2003).
The most recent sale in Punchbowl was a house located at 2914 Booth Road, sold for $1.56M on May 26, 2017. It had 1620sf of interior. 9 other recent sales include: 10 Prospect Street (2,122sf) sold for $1.2M on 5/15/2017. 2914 Booth Road (1,946sf) sold for $1.77M on 4/28/2017. 2914 Booth Road (2,400sf) sold for $1.88M on 4/17/2017. 2437 Pauoa Road (1,064sf) sold for $850K on 4/13/2017. 2745 Booth Road (976sf) sold for $680K on 4/4/2017. 2454 Kanealii Avenue (814sf) sold for $750K on 2/28/2017. 210 Azores Street (3,708sf) sold for $778K on 2/16/2017. 397 Auwaiolimu Street (1,401sf) sold for $788K on 1/31/2017. 2359 Kaululaau Street (1,042sf) sold for $180K on 1/17/2017.
4 of the houses have ocean views and 10 have mountain views.