Ala Moana Homes for Sale

BUILDING THE DREAM OF HOME OWNERSHIP

S Beretania St/Punahou St Neighborhood

Ala Moana, Honolulu, HI Homes for Sale 

Punahou

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The S Beretania St/Punahou St area median real estate price is approximately $460,000, which is less expensive than nearly 75 percent of Hawaii neighborhoods and 12 percent of all neighborhoods in America.

Average rental price in S Beretania St/Punahou St area is currently $1,500 and rents here are currently lower in price than nearly 80 percent of Hawaii neighborhoods. Home and apartment vacancy rates are under 10 percent in S Beretania St/Punahou St and lower than over half of neighborhoods in the nation, and approximately near the mid range of vacancies.

S Beretania St/Punahou St area real estate is primarily made up of small studios to two bedroom and medium sized three or four bedroom condominium developments, high-rises, and apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the S Beretania St/Punahou St neighborhood are established, but not old, having been built between 1968 and 1999, with a number of residences built between 1940 and 1967.

The real estate in the S Beretania St/Punahou St area really stands out in the way it looks for unique reasons. This neighborhood has a higher proportion of condominium developments and high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big multi-family buildings and complexes. In fact, over 90 percent of the real estate here is classified as such, which is more than is found in nearly 99 percent of American neighborhoods.

The S Beretania St/Punahou St area is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of single family home and condominiums sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With nearly 90 percent of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the America that share this characteristic.

Duane Webster

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The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flair, can make all the difference.

This neighborhood has some really cool things about the way it looks and feels. If you like crowded places, then you will probably enjoy the S Beretania St/Punahou St area as this neighborhood is more densely populated than 96.0 percent of neighborhoods in the U.S., with 23,900 people per square mile living here.

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. The S Beretania St/Punahou St areas, bicycle commuters number at just over 5 percent of commuters that ride their bikes to and from work on a daily basis, and a higher amount than you will find in over 98 percent of the neighborhoods in throughout the country. 

Many commuters here take the bus to work at nearly 20 percent or local residents, which is greater than nearly 97 percent of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

In the S Beretania St/Punahou St area, walking to work is a real option for many. In fact, walking to and from work is the chosen way to commute for nearly 15 percent of residents here. 

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Nathalie Mullinix REALTY UNIVERSAL, Inc.

WHERE HOME OWNERSHIP HAPPENS IN ALA MOANA HONOLULU

Information posted on realtyuniversal.com by Wes McKibbon at The Home Buyer’s Korner are for educational purposes only. Every situation can be different and can be unique to a reader’s particular needs; do not consider anything you read on realtyuniversal.com as absolute or partial advice for your specific needs. Seek the advice of a qualified and suitable professional in your area for advice particular to your situation. The advice given may not produce the same results in your area and the information given here is not intended to cover all aspects of any given topic. Nathalie Mullinix REALTY UNIVERSAL, Inc., cannot be held responsible for the opinions and advice posted from by Wes McKibbon at The Home Buyer’s Korner, nor can we or do we validate the accuracy. The Home Buyer’s Korner is not a real estate brokerage, mortgage lender, general contractor, lawyer, accountant, appraiser, surveyor or any other licensed based professionals, but is an industry leader and a highly respected retired FHA underwriter. If you have a specific question regarding one of those areas, you should seek advice from a licensed member of that particular profession. This page and all other pages posted by Wes McKibbon are intended for educational purposes only including discussion, suggestions, ideas, etc., to better serve interested parties that have chosen independently to engage in active participation.

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