Can you believe it? There’s not a single condo for sale at The Watermark in Waikiki right now! 😲 This luxury condo building, known for its resort-style amenities and prime location, has become one of the hottest properties in Honolulu’s real estate market.
In this blog post, we’ll dive into why inventory is so low, recent sales trends, and what this means for buyers and sellers. If you’re thinking about investing in Waikiki real estate, now is the time to pay attention!
The Watermark Waikiki: A Sought-After Luxury Condo
📍 Location: 1551 Ala Wai Blvd, Honolulu, HI
🏡 Building Type: Luxury High-Rise
💎 Units: 212 total residences
The Watermark is one of Waikiki’s most exclusive condo buildings, offering:
✅ Resort-Style Living – Heated infinity pool, lush tropical gardens, and top-tier amenities.
✅ Prime Location – Steps from Ala Moana Beach Park, Waikiki Beach, and Ala Moana Shopping Center.
✅ Luxury Residences – Spacious floor plans, high-end finishes, and breathtaking ocean & city views.
Given its desirable location and upscale lifestyle, it’s no surprise that The Watermark remains in high demand.
Market Update: No Listings Available! 🚨
If you’re currently looking to buy a condo at The Watermark, you might be in for a challenge. As of today, there are ZERO units for sale in the building.
📊 Recent Sales Data:
🔹 Only 3 units sold in the past six months
🔹 15 total sales in the last year
🔹 Two-bedroom condos sold between $965K – $1.51M
🔹 One recent three-bedroom sale just under $2M
This sharp decline in available inventory suggests that homeowners are holding onto their properties, and buyers are snapping up available units quickly.
Why is Inventory So Low?
There are a few key reasons why there are no listings at The Watermark:
1️⃣ High Demand, Low Supply – Waikiki remains one of the most desirable places to live, and buyers are eager to secure a home in a luxury building like The Watermark.
2️⃣ Rising Property Values – Condo prices continue to climb, making many owners hesitant to sell, hoping for further appreciation.
3️⃣ Prime Location & Lifestyle – Residents love The Watermark’s resort-style amenities, ocean views, and walkability, making it a hard place to leave.
If you’re a buyer, this means you need to act fast when a unit becomes available. If you’re a seller, this is a fantastic opportunity to list your property at top dollar while competition is low!
Thinking About Selling at The Watermark? Now is the Time!
With zero inventory and strong buyer demand, now is an ideal time to sell your condo at The Watermark.
💰 Why List Now?
✅ Less competition – You’ll stand out in a seller’s market.
✅ Strong sale prices – Recent sales have closed near or above asking price.
✅ Buyers are waiting – Many buyers are searching for units at The Watermark but can’t find one!
If you or someone you know is thinking about selling at The Watermark, contact me today at 808-371-3509 to discuss your options!
Final Thoughts: A Hot Market with No Inventory
The Watermark Waikiki remains one of the most coveted condo buildings in Honolulu, and the lack of available units proves just how in-demand this property is. Whether you're a buyer waiting for a unit to hit the market or a seller looking for the perfect opportunity to cash in, now is the time to stay informed and act quickly.
📞 Need expert advice on buying or selling in Waikiki? Call or text me at 808-371-3509 for a market consultation.
Would You Buy a Condo at The Watermark?
Drop a comment below and let me know if this building is on your real estate wish list! 👇