Your Neighborhood. Real Numbers.

New Construction Keeps Coming.
Here's What It Means for
Your Home's Value.

Kakaako's skyline is still changing. If you own here — or you're thinking about it — this is the data that matters right now.

The Big Picture

Inventory is climbing. Prices are holding — for now.

There's $77 million in active condo inventory sitting in Kakaako right now, while $37 million is already under contract and moving toward close. New construction deliveries are the main driver of growing supply — but the pending volume shows demand hasn't disappeared. It's just gotten more selective.

What's Actually Selling

Priced right? 18 days. Priced wrong? 108.

The gap tells the story. Well-priced resale units are still moving quickly — 18 days, at 98.5% of asking. But overpriced listings are sitting for over 100 days, competing against brand-new units with modern finishes and developer incentives. Buyers have options, and they know it.

Then vs. Now

How Kakaako has shifted since 2021

Key condo metrics from the post-pandemic peak to today.

The headline: prices are up ~16% since early 2021, but the market underneath has completely changed. In 2021, inventory was practically nonexistent — 1.5 months — and everything sold in under two weeks. Today, inventory has more than quadrupled and the market has shifted decisively in buyers' favor. Prices haven't declined because the neighborhood itself has only gotten stronger. But the urgency that drove 2021 is gone.

Who Lives Here

Young, educated, and professional — that's Kakaako.

This is why the neighborhood holds value even when inventory climbs.

This is the context behind the price data. Kakaako's residents are overwhelmingly working professionals in their peak earning years, with education levels nearly double the national average and a median household income approaching $100K. It's why this neighborhood can absorb new supply without collapsing — the demand floor is real.

The Takeaway

New construction doesn't kill resale value. Bad pricing does.

Prices are up 16% since 2021, list prices are up 10% year-over-year, and the neighborhood fundamentals — income, education, walkability — are as strong as they've ever been. But the market dynamics have shifted completely. We've gone from sellers calling the shots to buyers having real leverage.

If you're thinking about selling, the window for top dollar is still open, but it requires precision. If you're staying put, your equity is intact — values are essentially flat over 36 months, which is stability, not decline. Either way, knowing where you stand is the first step.