Honolulu and its surrounding coastline includes some of the most iconic real estate in the world. As the capitol city, it is a hub of commerce, culture and real estate in the State of Hawaii. Honolulu is an excellent choice for those seeking a permanent residence or just somewhere to hang their hats during vacation season. Located on the southeastern shore of Oahu, Honolulu has amazing weather, with highs in the 80s and 90s and lows barely reaching the 70s. Throw in the amazing beaches for both swimming and surfing, and Honolulu is the ultimate real estate destination for travelers and residents alike.
Honolulu offers some of the most diverse options from apartments in high-rises, to small living communities close to the ocean. Currently, the average price for homes in Honolulu is in the $400 thousand range, which has remained steady over the past year. As Honolulu sees an increase in industry and business, it may not remain as such—which is why we urge buyers to buy now while the market is steady, as it is sure to increase. Probably the most popular items of real estate are condos and townhouses because they are reasonably priced and more readily available. Single-family homes are also an option there, but as Honolulu is a very urban place, there aren’t as many larger properties available as, say, on The Big Island.
Aside from affordability, Honolulu is a great choice when considering where to buy property in Hawaii because of the many attractions nearby, including Waikiki beach and Pearl Harbor. Also within a short distance is Diamond Head, a crater that remains from a volcanic eruption that occurred 150,000 years ago. Also an attraction in the Honolulu area is Ala Moana Center, which is the largest shopping mall in Hawaii and the fifteenth largest in the U.S. Other attractions of note include the USS Arizona, the Honolulu Zoo and the Waikiki Aquarium.
Honolulu is an excellent choice for someone looking to purchase real estate in Oahu and the greater Hawaii because it combines accessibility with affordability. Honolulu is a beautiful location with beautiful homes and condominiums suited to you and your family’s needs.