Punahou Condominium
Market Report
An objective summary of closed condominium sales in the Punahou neighborhood, prepared for the homeowner’s review.
Headline Figures
Figures are reported as observed in the source data, without interpretation. Definitions: List price is the most recent list price; original list price is noted separately where it differs. Days on market reflects the MLS DOM field. The aggregate sale-to-list ratio is total sale value divided by total list value; a simple per-property average produces a similar 99.0%.
Transaction Detail
| Address & Building | Bd / Ba | Living SqFt | List $ | Sale $ | SP / LP | $/SqFt | DOM | Sold | Financing |
|---|---|---|---|---|---|---|---|---|---|
| 1624 Dole St #1001Pulelehua | 2 / 1 | 599 | $330,000 | $320,000 | 97.0% | $534 | 14 | 02/27/26 | Conventional |
| 1615 Wilder Ave #607Punahala Apts | 2 / 1.5 | 824 | $350,000 | $340,000 | 97.1% | $413 | 16 | 12/31/25 | Conventional |
| 1521 Alexander St #706Punahou Chalet | 2 / 2 | 792 | $400,000 | $400,000 | 100.0% | $505 | 0 | 02/27/26 | Cash |
| 1414 Alexander St #503Alika | 2 / 1.5 | 751 | $420,000 | $425,000 | 101.2% | $566 | 8 | 02/19/26 | VA |
| 1212 Punahou St #2005Banyan Tree Plaza | 2 / 2 | 981 | $499,000 | $499,000 | 100.0% | $509 | 56 | 05/14/26 | Cash |
| 1212 Punahou St #2903Banyan Tree Plaza | 2 / 2 | 981 | $518,000 | $510,000 | 98.5% | $520 | 18 | 03/06/26 | Cash |
| 1521 Punahou St #1201Palo Alto | 2 / 2 | 1,254 | $695,000 | $695,000 | 100.0% | $554 | 28 | 04/22/26 | Cash |
| 1521 Punahou St #602Palo Alto | 2 / 2 | 1,051 | $695,000 | $695,000 | 100.0% | $661 | 116 | 02/18/26 | VA |
| 1525 Wilder Ave #904Punahou Cliffs | 2 / 2 | 1,391 | $750,000 | $710,000 | 94.7% | $510 | 26 | 11/21/25 | Cash |
| 1525 Wilder Ave #803Punahou Cliffs | 2 / 2 | 1,384 | $740,000 | $740,000 | 100.0% | $535 | 4 | 12/01/25 | Cash |
| 1212 Punahou St #3508Banyan Tree Plaza | 4 / 2 | 1,762 | $800,000 | $800,000 | 100.0% | $454 | 4 | 02/12/26 | Conventional |
| Totals & Averages | — | 1,070 avg | $563,364 avg | $557,636 avg | 99.0% | $524 avg | 26 avg | — | — |
Price Distribution
Sales by Price Band
List & Sale Comparison
Measured against the most recent list price, six sales closed at the list figure, one closed above it, and four closed below it. Measured against the original list price (which differed for two units), three closed at, one above, and seven below.
Average list price was $563,364 and average sale price was $557,636, a difference of $5,728. Median list price was $518,000 against a median sale price of $510,000.
Days on Market
Observed Range
Days on market varied widely across the set. Three sales closed within four days or fewer, including two recorded as pre-listed or exempt transactions. One sale recorded 116 days. The median of 16 days sits well below the 26-day average, indicating that the longer-marketed listings pull the average upward. These figures describe the data set only and are not a projection.
Transaction Characteristics
Buyer Financing
Unit Mix
Ten of the eleven units were two-bedroom. One unit (1212 Punahou #3508) was a four-bedroom, and was also the largest at 1,762 living square feet.
Concessions
Seller concessions were recorded on three transactions: $12,750 (1521 Alexander #706), $10,000 (1521 Punahou #1201), and a $5,000 buyer closing-cost credit referenced in the listing remarks for 1212 Punahou #2005. The remaining eight transactions show no concession value in the source data.
Monthly Fees
Total monthly fees ranged from $895 to $3,019 across the buildings represented. The two Punahou Cliffs units carried the highest fee in the set at $3,019; the lowest was at Palo Alto. Fee structures vary by building and are not directly comparable.
Flags & Caveats
The following items affect how the figures above should be read. They are noted for transparency rather than to suggest a conclusion.
- Off-market / exempt sale included. 1525 Wilder #803 is marked “Sold before listed — Exempt Listing” with 4 days on market and a non-MLS buyer. It is part of the eleven-sale set and contributes to all averages.
- Price reduction and a concession discrepancy. 1212 Punahou #2005 was originally listed at $530,000 and reduced to $499,000, where it closed. The listing remarks reference a $5,000 buyer credit, while the structured concessions field is blank. Both readings are presented; the discrepancy is unresolved in the source.
- Zero-day, non-MLS transaction. 1521 Alexander #706 recorded 0 days on market with a non-MLS buyer and $12,750 in concessions, indicating it was not openly marketed in the same way as most listings.
- Single non-comparable unit. 1212 Punahou #3508 is the only four-bedroom and the largest unit. It raises the average unit size and lowers the average price per square foot relative to the ten two-bedroom units.
- Original vs. current list price. Two units (#2005 and 1521 Punahou #602) closed at a different relationship to their original list price than to their final list price. Both bases are reported.
- Source limitation. All data derives from a single MLS export dated May 19, 2026, carrying the notice “deemed reliable but not guaranteed.” Figures have been recomputed from the underlying records but have not been independently verified against county or escrow records.
