Why Live in Waikiki
Waikiki, a historic neighborhood in Honolulu, was once a retreat for Hawaiian royalty and now attracts around four million tourists annually. Known for its luxury resorts, Waikiki offers a mix of high-rise condominiums and apartments, many built in the 1970s with minimalist architecture and earth tones. These properties often serve as second homes, with amenities like pools and gyms. Waikiki Beach, considered the birthplace of modern surfing, is a major draw, with warm waters and clear reefs year-round. The neighborhood is home to several beaches, including the quieter Kahanamoku and Fort DeRussy to the north, and Kuhio and Queens Beaches to the south, which lead to the expansive Kapi’olani Regional Park. This park features the Honolulu Zoo, Waikiki Aquarium, and the Tom Moffatt Waikiki Shell, a venue for the Hawai’i Symphony Orchestra. Diamond Head State Monument, a volcanic cone, offers popular hiking trails with city views. Waikiki's dining scene includes upscale restaurants with ocean views and live music, such as Duke’s Waikiki and Hula Grill Waikiki. The International Market Place and Royal Hawaiian Center provide shopping and entertainment, including Polynesian performances. Annual events like the Waikiki Spam Jam and POW! WOW! mural festival add to the neighborhood's vibrant culture. Waikiki is highly walkable, with wide sidewalks and bike routes, though parking can be challenging. Public transportation is robust, with TheBus system offering extensive routes. Daniel K. Inouye International Airport is about 9 miles away, providing easy access to other islands and the mainland.
Home Trends in Waikiki, HI
On average, homes in Waikiki, Honolulu sell after 108 days on the market compared to the national average of 70 days. The median sale price for homes in Waikiki, Honolulu over the last 12 months is $789,515, up 116% from the median home sale price over the previous 12 months.
Median Sale Price
$789,515
Median Single Family Sale Price
$789,515
Average Price Per Sq Ft
$266
Number of Homes for Sale
0
Last 12 months Home Sales
1,001
Median List Price
$789,515
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
116%