0 Rycroft Terrace Condos for Sale

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  • Built in 1963, Studio - 2BR, Pets: OK (verify).
  • Ameneties include Community Laundry, Meeting Room, Pool.
  • Year 2014 remodeled and converted to condomenium. Sold with HCDA income and asset restrictions (no investors). 
About Rycroft Terrace
Ryocroft Terrace began life as part of the well-known Pagoda Hotel. Just across the street from the main building, as well as the equally famous Pagoda Restaurant, the landowner, Kamehameha Schools sold it to developer Peter Savio in 2013 under a special agreement.

The sale specified that this be a reserved housing project, meaning that the pricing would fall within the guidelines set by that state program. In short they were affordable condos, intended to fill a great need for housing.

After extensive renovations of these residences, all built in 1963, they were put up for sale to the expected large demand, with lines to sign up for the chance to own one.

The Ryocroft Terrace condos come in layouts of Studio/1BA (304 to 312 sq ft), 1BR/1BA (495 to 616 sq ft) and finally 2BR/1BA (649 to 737 sq ft). Lanais are only on some of the units, measuring from 82 to 123 sq ft when they are present.

The location is excellent, bringing some of the most popular shopping areas in Honolulu all in easy walking distance to your home. Local favorite Don Quijote is just up the street, with Wal-Mart almost equally close in the other direction, plus Keeaumoku Street's many restaurants.

The flagship of Hawaii's malls, Ala Moana Center, is only a little further, making it an everyday trip to some of the best browsing in the Islands. Continue that way across Ala Moana Boulevard and you arrive at Ala Moana Beach Park, with its large golden stretch of sands. It's your neighborhood beach now.

Living in Ryocroft Terrace is like buying access to a part of Honolulu where everything is at your feet. Literally, because it's all in walking distance when you're here. With a price point to fit a real need for so many of us locally, too, this could be just the right fit for you.

You may also be interested in The Residences at Makiki, Mott-Smith Laniloa or the list of all Kapiolani condos for sale. Here is a broader list of all condos for sale in Honolulu.
  • Metro Honolulu Condos - Trends & Statistics

  • The price range of condos for sale in Metro Honolulu is $25K to $36M with a median price of $520K and median interior of 840sf.
  • The median price of condos sold in Metro Honolulu year-to-date (Jan - Feb 24, 2017) is $395K. In previous years it was $385K (2016), $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).
  • 325 condos have sold in Metro Honolulu year-to-date (Jan - Feb 24, 2017). In previous years, the total number of condos sold were 2952 (2016), 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 64 days before they were sold (Jan - Feb 24, 2017). In previous years it was 89 days (2016), 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 69 days January 2017 compared to 91 days January 2016.
  • The ratio of Metro Honolulu condos sales price vs list price was 97.7% January 2017 compared to 97.9% January 2016.
  • 211 Metro Honolulu condos were sold January 2017 compared to 183 condos sold January 2016.
  • The total dollar volume of condos currently for sale in Metro Honolulu is $1.17B and the sold dollar volume year-to-date (Jan - Feb 24, 2017) is $163.48M. In previous years sold dollar volume was $1.44B (2016), $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 #102 , sold for $565K on Feb 23, 2017. It had 1283sf of interior. 9 other recent sales include: #645 (584sf) sold for $425K on 2/23/2017. #417 (313sf) sold for $260K on 2/23/2017. #1009 (850sf) sold for $360K on 2/23/2017. #714 (369sf) sold for $252K on 2/23/2017. #753 (667sf) sold for $348K on 2/23/2017. #1914 (448sf) sold for $235K on 2/23/2017. #C3010 (sf) sold for $25K on 2/22/2017. #122 (525sf) sold for $170K on 2/22/2017. #13 (864sf) sold for $320K on 2/22/2017.
  • In Metro Honolulu there is currently 970 fee simple and 198 leasehold units for sale. 607 of the condos have ocean views, 276 have Diamond Head views and 576 have mountain views.
  • There are 165 studio floor plans, 324 x 1 bedroom floor plans, 515 x 2 bedroom floor plans, 148 x 3 bedroom floor plans and 10 x 4 bedroom floor plans.