Honolulu and Oahu

    No matter where you’re from you’ve probably heard of Honolulu. Unless you’ve spend time in Hawaii, however, you may never have heard of Oahu. In reality, what most people call “Honolulu” is actually the island of Oahu. That is, the names are used interchangeably these days to mean the entire island on which the capital of Hawaii sits. Technically, though, Honolulu makes up only one small part of the island of Oahu – the urban center on the island’s southeastern shore.

    The local government structure on Oahu backs up the practice of calling the whole island “Honolulu.” Established as a consolidated city-county in 1907, the City and County of Honolulu is divided into nine administrative districts that encompass the entire island of Oahu. Honolulu’s urban district serves as the state’s largest city and capital, while the county consists of a diverse group of unincorporated subdivisions, which are unofficial towns and cities. Some are surfing paradises and tourist havens, like North Shore and Waikiki, and others, like Kailua and Mililani, are residential bedroom communities for business professionals seeking a quieter life.

    The spectacular scenery that dominates Honolulu, as well as its laid-back island vibe, makes it a desirable real estate hotspot. Today the housing trend in Honolulu is still strong compared to some mainland areas. In fact, according to the Honolulu Board of Realtors, in 2013 the residential real estate market continued to enjoy strong sales, with thousands of homes changing hands at a median home price of $575,000.

     

     

    Honolulu Department of Planning and Permitting


    HONOLULU COUNTY QUICK FACTS
    (Source: U.S. Census, Honolulu Board of Realtors)

    Population (2012)

    976,372

    Population growth, 2010 to 2012

    +2.4%

    Median Age (2012)

    37.6

    Land Area

    596.66 miles

    Persons per square mile

    1,586

    Median Household Income (2011)

    $71,263

     


    OAHU RESIDENTIAL RESALES
    (Source: Honolulu Board of Realtors)

        Type of Home

    Median Sales Price

    # Sold

         

    2013   Single family

    $684,000

    296

        Condominium

    $330,000

    407

    2010   Single Family

    $592,750

    3,051

        Condominium

    $305,000

    3,934

    2009   Single Family

    $575,000

    2,585

        Condominium

    $302,000

    3,467

    2008   Single Family

    $624,000

    2,741

        Condominium

    $325,000

    3,933

    SALE PRICE BY NEIGHBORHOOD
    Median Sales Price
    (Source: Honolulu Board of Realtors)

     

    Single-Family Homes

    Condominiums

       

    Metro Honolulu

    $722,500

    $320,000

    Diamond Head/Waikiki

    $936,000

    $437,500

    Hawaii Kai

    $850,000

    $539,000

    Kailua

    $774,500

    $415,000

    Kaneohe

    $663,800

    $400,000

    North Shore

    $797,500

    $325,000

    Central Oahu/Mililani

    $580,000

    $307,500

    Leeward Coast/Waianae

    $380,000

    $154,000

    Ewa Plain

    $465,000

    $299,000

    Makakilo/Kapolei

    $560,000

    $299,000

    Waipahu

    $550,000

    $280,000

    Pearl City

    $627,300

    $302,900

    Testimonials

    “Adrienne was very helpful in selling our house. It took us a year and a half to decide to list and never did we feel pressured to do so before we were ready. We always received good information and all of our questions were answered in a timely fashion. Adrienne and her team were able to work with the buyers agent and our lenders to close our short sale in a timely fashion. I would not hesitate to refer friends to Adrienne when selling or buying a home.”