Summary
Sales at Imperial Plaza have slowed just a bit since the June 2008 Market Report, but are still moving at a higher rate than sales at most other Kakaako condo buildings. The 15 apartments currently offered for sale have been on the market for an average of 95 days. That’s rather high, indicating asking prices are too high or that there’s just too much supply vs. demand. It could be a combination of both.
The one thing I’ve noticed is the value some of the larger townhouses represent when compared to the apartments in the tower. Although rarely available, their purchase cost as well as the maintenance fee per square foot represent an excellent value. The large three bedroom townhouse apartments have as much space as many single family homes and they’re located right in the middle of Kakaako!
The Imperial Plaza Condominium
725 Kapiolani Blvd., Honolulu, HI 96813
Built: 1991
Schools
Elementary: Royal
Middle: Central
High: McKinley
Availability
Apartments in the building: 205
Apartments available for sale: 15
Average days on market to date: 95
Apartments listed for sale in the last 30 days: 2
Months of inventory available: 11.3
Sales
Apartments under contract in escrow: 0
Apartments sold in the last 30 days: 1
Average days on market: 178
Sales Price / List Price: 92%
Do you have questions about The Imperial Plaza? If so, contact Michael Zimmerman for a no obligation consultation. Please visit my web site to view Imperial Plaza apartments for sale or conduct your own Honolulu home search.












