January 2025 - A-TEAM OAHU - Panana Newsletter & December 2024 Market Report

Aloha January! As we start the New Year, we're full of gratitude and excitement for the opportunities that lie ahead. A big thank you to our incredible friends for all of your support and friendship over the past 12 months, which have been challenging, to say the least. In 2025, we'll be here to help you through ever-changing market conditions, turning obstacles into successes, and hopes into reality. We'll celebrate the unique stories that define our treasured neighborhoods, the connections that create a sense of community, and the joy of finding your place on Oahu or wherever else your heart sings. Here's to a year of good health, happiness, new beginnings, and all the successes you've envisioned! Happy New Year! 🌴🌊🏡✨ January 2025 NOTABLE DATES JANUARY 1: New Year's Day JANUARY 2: World Introvert Day JANUARY 3: International Mind-Body Wellness Day JANUARY 4: National Spaghetti Day JANUARY 10: National Houseplant Appreciation Day JANUARY 11: National Clean Off Your Desk Day JANUARY 12: National Marzipan Day JANUARY 13: Korean American Day JANUARY 14: World Logic Day JANUARY 20: Martin Luther King Day JANUARY 22: Celebration of Life Day JANUARY 23: National Pie Day JANUARY 24: International Day of Education JANUARY 29: Lunar New Year

Real Estate in the News The 60 Strongest Housing Markets Heading into 2025 Among the 200 largest metro-area housing markets, 60 are still experiencing local home prices rising by 4.7% or more year over year. *NOTE: Oahu is not listed here. Oahu's median single-family home price was up 1.7% year over year in November (the data used for this article), but 5.8% year over year in December. (See December Monthly Market Report below. 👇🏼) Courtesy of Fast Company

Monthly Market Report

Team Happenings FREE: VA Loan Education Don't miss out on this valuable information session & tell your friends who could benefit! Join the Hawaii COMPASS Military Division at the Mid-Pacific Country Club for a special event! Whether you're a veteran, active-duty service member, or spouse, this is the perfect opportunity to learn all about VA loan benefits and how to utilize them. Expert VA Lender, Cole Stephens, of Edge Home Finance will be presenting and he and our experienced Compass Military Division real estate professionals will be on hand to answer questions. Sign up HERE. Pearl Harbor Day Parade A-Team Oahu members, representing the COMPASS Military Division, Hawaii volunteered at the Pearl Harbor Day Memorial Parade in Waikiki on December 7. This was an incredible tribute to veterans who served in the War and lost their lives at Pearl Harbor. We look forward to participating again next year. Full video of the Parade can be seen HERE. Luxury Markets

Compass Curated DECEMBER 2024 Curated Magazine, the essence of Compass Luxury. Explore this specialized periodical featuring Compass’ most prestigious properties.

Luxury Trends DECEMBER 2024 The current trends and insights within the high-end, luxury real estate market, information on the features, locations, and design elements that are most sought after by luxury buyers across various Compass regions.

Local Happenings

JANUARY 6-12, 2025 WAIALAE COUNTRY CLUB 2025 Sony Open Each January the Sony Open attracts 144 of the world's greatest golf professionals to the Waialae Country Club. Since 1999, Sony Open in Hawaii has generously contributed over $15 million to the Friends of Hawaii Charities, one of the largest fundraising events in Hawaii. More information and tickets here. Note: Active military and Veteran's may be able to get complimentary tickets through Vettix.org january 20, 2025 WAIKIKI Inaugural Martin Luther King Parade On January 20, 2025, Oahu will host it's inaugural Martin Luther King Parade and Festival with people from all backgrounds, cultures, languages and more will gather to celebrate Dr Martin Luther King Jr and his legacy. This will be an international celebration of community, diversity, culture while enjoying the spirit of Aloha in the heart of Waikiki. january 27-february 8 Banzai Pipeline, Ehukai Beach Park, North Shore Oahu Lexus Pipe Pro The first stop of the World Surf League Championship tour takes place at Banzai Pipeline with the world's top pro surfers competing for bragging rights. The first stop of the World Surf League Championship tour takes place at Banzai Pipeline with the world's top pro surfers competing for bragging rights. Stay up to date with the competition here.

Island Lifestyle

Our 20 Favorite Hawaii Stories in 2024 From a story about Night Marchers, to the spotlight on the Lana'i Cat Sanctuary, and the frenzy around the ‘comet of the century,‘ these stories were some of the most-read of 2024 Courtesy of Hawaii Magazine

2025 Pantone Color of the Year For 2025, the Pantone Color Institute selects PANTONE 17-1230 Mocha Mousse, a warming, brown hue imbued with richness. It nurtures us with its suggestion of the delectable qualities of chocolate and coffee, answering our desire for comfort. Courtesy of Pantone.Com New and Coming Restaurants on Oahu Fourteen new and coming places with ice cream, onigiri, Portuguese fare, sushi, shave ice and gourmet baked goods, including one in Kailua!! Courtesy of Honolulu Magazine These Were the Best (and Worst) Design Trends of 2024 Design experts share what’s in and what’s out. Courtesy of Sunset Magazine

ACTIVE LISTINGS

Diamond Head 2801 Coconut Avenue, Unit 1A 2 BD 2 BA 1162 SF $1,899,000 Kailua 322 Aoloa Street, Unit 1708 1 BD 1 BA 737 SF $575,000

West MarinA - KOKO ISLE 822 Koko Isle Circle, Unit 2207 4 BD 3 BA 1670 SF $1,300,000

Waikiki 411 Hobron Lane, Unit 2002 1 BD 1 BA 552 SF $517,000 ASSUMABLE VA LOAN @ 2.875% Kailua 322 Aoloa Street, Unit 612 3 BD 2 BA 1244 SF $875,000 AND $35,000 Closing Credit to Buyer!!

IN ESCROW Lanikai 861 Aalapapa Drive 4 BD 3 BA 1896 SF $3,800,000

Honolulu 888 Ala Moana Boulevard, Unit 3012 2 BD 2 BA $1,815,000 REPRESENTING BUYER

JUST SOLD

Mililani Town 95-094 Kuahelani Avenue 3 BD 2 BA 1408 SF $997,000 REPRESENTED BUYER REPRESENTED BUYER Moiliili 2740 Kuilei St, Unit 807 1 BD 1 BA 619 SF $405,000 REPRESENTED BUYER Mahinui 44-464 Aumoana Way 4 BD 3 BA 2756 SF $2,010,000

COMING SOON & PRIVATE EXCLUSIVES off-market listings marketed or pre-marketed exclusively to only our clients Call us to get a sneak preview!

BUYING OR SELLING OUTSIDE OF OAHU? We can connect you with the Best-of-the-Best agents across the US, through our exceptional colleagues in the Private Client Network or the Compass Military Division. Reach out today and we will make the introduction to one of our trusted partners.

LET US KNOW IF YOU NEED A REFERRAL, ANYWHERE. WE HAVE A SPECIALIZED PARTNER IN EVERY US MARKET! Maximize the value of your home for sale with Compass Concierge, an interest free loan, repaid at closing. Learn More

Mahalo for reading! Ready to achieve your next real estate goal? Let's Talk Story!

Yvonne Ahearn REALTOR® | RB-20262 M: 808.721.8088 yvonne.ahearn@compass.com Ana Kuna REALTOR® | RB-21908 M: 808.295.2311 ana.kuna@compass.com

Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

marketingcenter--