Can you believe it? Allure Waikiki, one of the most desirable luxury condo buildings at the entrance to Waikiki, is down to just one unit for sale. 📉 With high demand and low supply, this building is becoming a hot commodity — and whether you’re a buyer or a seller, this could be your moment to make a move.

Let’s dive into the latest market update for Allure Waikiki, explore why this building is still undervalued, and break down what this tight inventory means for you.

Allure Waikiki Market Snapshot – February 2025

📊 Units for Sale: 1 (Unit 2101) — Priced at $1,250,000
📈 Units Under Contract: 2 condos currently pending sale
📆 Recent Sales: 12 condos sold in the past 6 months (That’s 2 sales per month)
💰 Median Sales Price: $1,070,000 (Including 3-bedroom units)
🏢 Price Per Sq. Ft.: Still under $1,000 — A bargain for luxury living in Waikiki!

If this pace continues, Allure Waikiki could be sold out soon, leaving zero active inventory on the market.

Why Is Allure Waikiki So Desirable?

Despite its prime location and luxury amenities, Allure Waikiki remains undervalued compared to other high-end condos in Honolulu. Let’s break down why this building is such a gem.

🏝️ 1. Prime Location

  • Entrance to Waikiki on Kalakaua Ave — Easy access to beaches, shops, and restaurants
  • Minutes from Ala Moana Center & Beach Park 🛍️🌊
  • Less traffic congestion compared to deeper Waikiki locations

🏊‍♀️ 2. Resort-Style Amenities

  • Swimming Pool & Spa
  • Fully Equipped Fitness Center
  • BBQ & Entertainment Area
  • Conference Room & Lounge for Private Events

💸 3. Incredible Value

  • Luxury living for less than $1,000 per sq. ft.
  • Priced lower than many comparable luxury buildings
  • Strong long-term investment potential as Waikiki prices climb

What This Means for Buyers

If you’ve been considering buying a condo in Waikiki, now is the time to act. With only one unit left for sale and inventory shrinking fast, waiting could mean missing out on one of the last great deals in luxury real estate.

🔑 Why Buy Now:

  • Limited Inventory: Fewer options mean you need to act fast
  • Undervalued Market: Buy under $1,000/sq. ft. before prices rise
  • Future Price Growth: Tight inventory could push prices even higher

What This Means for Sellers

If you own a unit at Allure Waikiki, this could be your golden opportunity to sell. With only one active listing, you have very little competition — meaning you could sell quickly and at a premium price.

💡 Why Sell Now:

  • High Buyer Demand: Units are selling at a pace of 2 per month
  • Low Inventory Advantage: With almost nothing available, you can set the price
  • Attractive Amenities: Buyers are drawn to the luxury lifestyle and prime location

Final Thoughts: A Building in High Demand

Whether you’re looking to buy or sell, Allure Waikiki’s shrinking inventory presents a unique market opportunity.

  • Buyers: Act fast to grab a luxury condo at below-market pricing
  • Sellers: Capitalize on low competition and sell while demand is through the roof

📞 Thinking about buying or selling at Allure Waikiki? Let’s chat! Call me at 808-371-3509, and we’ll make a strategy that works for you.

Would You Buy or Sell at Allure Waikiki Right Now?

Drop a comment below — I’d love to hear your thoughts! 👇