Median condo price jumps 50% in this urban Honolulu neighborhood


The Ala Moana-Kakaako market — where units from several high-end buildings such as Waiea, Anaha and Park Lane Ala Moana have gone on the resale market in the past couple of years — saw sales fall last month as the median price for August jumped by 50 percent, according to statistics from the Honolulu Board of Realtors.

Condo sales in Ala Moana-Kakaako dropped by 32 percent in August to 41 units, from 60 units sold in August 2017. But the median price in that neighborhood rose to $665,000, a…

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