Hunting for a new condo? Locations analyzed Oahu condominium buildings and townhome communities across the island with the most sales above the asking price, known as “bid ups,” in 2019. Expect to find the most competition from other buyers in these 10 Oahu condos and townhomes.
1. Lanikuhana Patio Homes
2019 median price: $420,000
Lanikuhana Patio Homes in Mililani sold for above asking price 71.43% of the time in 2019.
2. Puu Alii 2‐2
2019 median price: $552,500
Puu Alii 2‐2 condos in Kaneohe sold for above asking price 66.67% of the time in 2019.
3. Ewa Apartments
2019 median price: $306,000
Ewa Apartments in Ewa sold for above asking price 64.29% of the time in 2019.
4. Aikahi Gardens
2019 median price: $570,000
Aikahi Gardens in Kailua sold for above asking price 63.64% of the time in 2019.
5. Havens of I’i Vistas
2019 median price: $492,000
Havens of I’i Vistas in Mililani sold for above asking price 60% of the time in 2019.
6. The Villages at Waipio
2019 median price: $391,000
The Villages at Waipio, in Waipahu sold for above asking price 53.85% of the time in 2019.
7. Heritage House
2019 median price: $567,250
Heritage House in Hawaii Kai sold for above asking price 50% of the time in 2019.
8. Kukilakila
2019 median price: $808,000
Kukilakila in Kailua sold for above asking price 50% of the time in 2019.
9. Nohona II at Kapolei
2019 median price: $495,500
Nohona II at Kapolei in Ewa sold for above asking price 50% of the time in 2019.
10. Tropic Gardens 1
2019 median price: $613,000
Tropic Gardens 1 in Diamond Head‐Kahala sold for above asking price 50% of the time in 2019.
Characteristics of competitive condos
Of the top 10 most competitive condos on Oahu, 80 percent are townhome-style units, 80 percent have patios or lanais, and 70 percent have multi-level units, reflecting buyer interest in single-family-home-style living with outdoor space.
Half of the most competitive condos have an average price per square foot of less than $500, and half are larger than 1,000 square feet.
Because competition and other market dynamics can vary greatly among a building or community, even within the same market area or region of the island, prospective homebuyers and sellers should consult with their Realtor® about the unique market conditions in their condo building or complex of choice.
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