There are a total of three active fee simple condo listings in Kahala and Waialae Nui Valley area for sale at this time – three out of a total of 524 condos in the area. This low inventory level is currently the norm on Oahu as well many other cities and neighborhoods across the nation.
Active Kahala Condos
Regency at Kahala
Regency At Kahala #4B (MLS# 1301794)
1. Regency At Kahala #4B is a 1,320 sq.ft. one bedroom / one bath condo listed at $925K. This is an excellent building adjacent to the Post Office, our Hawaii Life Real Estate Broker’s office at Wahoo’s Corner, and the Kahala Mall.
2. Kahala Towers #A602 is a two bedroom / two bath with 841 sq.ft interior and 144 sq.ft. lanai and is listed at $475K (MLS# 1210127).
3. Kahala Towers #A1301 is a two bedroom / two bath with 985 sq.ft. interior and is listed at $459K (MLS# 1304658)
Waialae Nui Valley
In Waialae Nui Valley, out of 416 condos that comprise the three associations of apartment owners at Waialae Gardens, Tropic Gardens 1 and Tropicana Village – Makai, there are currently no active listings.
An overview of the past 24 months sales shows that the 2 bedroom / 2 bath condos seem to have leveled off at an average sales price of $465K. Whereas the 3 bedroom / 2 bath condos have gone from $500K up to the new high of $584K.
Waialae Gardens #68
Waialae Gardens #68 is a 2 bedroom / 2 bath condo that was listed at $475K, and is now in escrow after 37 days on market.
Waialae Gardens #116
Other activity to report as a follow up to my previous blog is Waialae Gardens #116 that closed on April 10, 2013 at $584K, which is a new benchmark price for a 3 bedroom / 2 bath condo in this area.