February 2025 - A-TEAM OAHU - Panana Newsletter & January 2025 Market Report

Aloha February! Let the island of Oahu steal your heart this Valentine's Day, as you explore your perfect nest in our tropical paradise. No matter the type of retreat that you are searching for, we're here to help you find your heart's desire. 🌴🌊🏡✨ February 2025 NOTABLE DATES FEBRUARY 7: Ballet Day 🩰 FEBRUARY 8: Kite Flying Day 🪁 FEBRUARY 9: Pizza Day 🍕 FEBRUARY 14: Valentine's Day ❤️ FEBRUARY 17: Presidents' Day 🇺🇸 FEBRUARY 18: Drink Wine Day 🍷 FEBRUARY 22: Margarita Day 🍹 FEBRUARY 23: Dog Biscuit Day 🦴 FEBRUARY 26: Pistachio Day FEBRUARY 28: Science Day 🔬

Real Estate in the News A Hawai‘i Quirk: You Own the Home But Not the Land About 1 in 8 condos for sale on O‘ahu are leasehold. Many, including some prestigious properties, are declining in value as the end of their land leases near. Courtesy of Hawaii Business Magazine

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 on April 12, 2025, 10a-1p 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, Tony Dias, will be presenting and he and our experienced Compass Military Division real estate professionals will be on hand to answer questions. Sign up HERE. Luxury Markets

Sophisticated Living Reflected in January’s Most Stylish Homes Compass Curated JANUARY 2024 January sets the tone for sophistication and serene living, captured in this month’s exceptional properties. See stunning homes in Vail, Colorado, Greenwich, Connecticut, Moultonborough, New Hampshire, and Wyoming. Each home defines a life where heritage, design, and nature coexist seamlessly.

Luxury Trends JANUARY 2025 While the attainable sector has experienced a sales downturn for consecutive years, buyers of the most lucrative homes, fueled by massive wealth creation, have kept the $10 million-plus market thriving, not only in established hubs but also in emerging destinations like Snowmass, Colorado, and Nashville, where demand for premier properties soared. Explore Compass Luxury's 2024 Ultra-Luxury Report for more trends and expert insights on the national $10 million-plus real estate market.

Local Happenings

MORE INFO February 7-8th Punahou Carnival 2025 The beloved annual tradition continues this year with Pā‘ina Paniolo: A Country Carnival celebrating Hawai‘i’s rich cowboy heritage. There’s something for everyone at the two-day event: kiddie games, thrilling rides, local food favorites, secondhand treasures, an art sale and live music, just to name a few. Oh, and of course, plenty of fresh malasadas! Here’s everything you need to know to enjoy the festivities to the fullest. Friday, february 14 Valentine’s Day on Oʻahu Check out this list of things to do on Oʻahu to celebrate Valentine's Day with your special someone. Things to Do Hawai‘i Triennial 2025 Starting February 15th Hawai‘i Triennial 2025 The Hawai‘i Triennial is a premier art event that showcases contemporary works from Hawai‘i, the Pacific, Asia, and beyond. Spread across multiple venues—including the Honolulu Museum of Art, Bishop Museum, and public spaces throughout the city—the Triennial offers a deep dive into themes of identity, migration, and the intersection of tradition and modernity. Visitors can explore thought-provoking installations, captivating performances, and interactive exhibits that challenge perceptions and inspire dialogue.

Island Lifestyle

The Most Popular House Style of the Moment Is Not What You’d Think It’s a classic, timeless look. Courtesy of Sunset Magazine

New in Town Local businesses, places, and activities that have opened recently, featured in HONOLULU Magazine. Courtesy of Honolulu Magazine Home Decor: Lounging Legacy In his backyard in Kailua, John Reyno sits in a metal lawn chair worth, by his lights, $12,000. Courtesy of Hana Hou Magazine Website 16 Kainehe Street Kailua, HI. 96734 (808) 261-2121 Now Open In Kailua! Aloha, and welcome to Oh My Grill Barbecue, your favorite restaurant in Honolulu for local style plate lunches and meals. Our locally owned and operated restaurant is open for breakfast, lunch, and dinner, serving local tried and true favorites like hamburger steak with savory gravy all over, crispy and juicy chicken katsu, or a good old mixed plate with all of the fixings

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 $505,000 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

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

JUST SOLD

Aikahi Park 771 Mokapu Road 5 BD 4 BA 2874 SF $2,300,000 REPRESENTED BUYER Lanikai 861 Aalapapa Drive 4 BD 3 BA 1896 SF $3,400,000

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.

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