Mahana condo market report for the week ending October 25, 2026 with Lucy Heath

In this article
  1. Mahana Condo Market at a Glance
  2. New Mahana Condo Listings
  3. 423 Ward Avenue Unit 3801, Honolulu
  4. 423 Ward Avenue Unit 2911A, Honolulu
  5. 423 Ward Avenue Unit 2205, Honolulu
  6. 423 Ward Avenue Unit 1806, Honolulu
  7. 423 Ward Avenue Unit 1408, Honolulu
  8. 423 Ward Avenue Unit 1202, Honolulu
  9. Read More About Mahana
  10. Mahana: six new listings and no sales this week
  11. This Week's Kaka'ako Condo Market Report

Mahana Condo Market Report

Lucy Heath, Your top condo expert at Mahana

Lucy Heath

Your top condo expert at Mahana

As of October 26, 2026, Mahana has 6 active condos and no condos under contract. In the October 19, 2026 to October 25, 2026 window, there were 6 new listings, 0 pending or under-contract listings, 0 closed sales, 0 price changes, and 0 status changes.

This week’s activity in Mahana was entirely new inventory, with six fresh active condos all in Kaka'ako. The current pricing mix spans studio, one-bedroom, and two-bedroom residences, with the median active asking price at $1,627,500. There were no closed sales to report this week.

Mahana Condo Market at a Glance

October 19, 2026 through October 25, 2026. Condos for sale and under contract as of October 26, 2026.

  • 6 new condo listings
  • 0 closed sales
  • 6 current active listings
  • 0 current listings under contract
  • Median active asking price: $1,627,500

New Mahana Condo Listings

Condos listed this week, including those that have since gone under contract or sold.

423 Ward Avenue Unit 3801, Honolulu

New listing · Asking price: $3,032,000
3 bedrooms · 3 baths · 1,441 sq ft · 5 days on market

This is the largest new condo in the group at 3 bedrooms and 3 baths, with 1,441 square feet and the highest asking price at $3,032,000. The monthly fee is also the highest in this set at $2,343, so buyers will likely focus on total cost as much as interior space. At the top of the release, it sets the upper end of Mahana’s current pricing.

423 Ward Avenue Unit 2911A, Honolulu

New listing · Asking price: $2,171,000
2 bedrooms · 2 baths · 1,306 sq ft · 5 days on market

This 2-bedroom, 2-bath condo offers 1,306 square feet at $2,171,000, placing it in the upper-middle tier of the week’s new inventory. The monthly fee of $2,123 is close to the largest unit’s carrying cost, so buyers may weigh that against the size difference. It reads as a larger two-bedroom option for someone prioritizing space over the smallest entry price.

423 Ward Avenue Unit 2205, Honolulu

New listing · Asking price: $1,964,000
2 bedrooms · 2 baths · 1,047 sq ft · 5 days on market

This 2-bedroom, 2-bath condo is priced at $1,964,000 with 1,047 square feet, making it a smaller two-bedroom entry than the one above it. The monthly fee of $1,702 is lower than the larger two-bedroom release, which may help frame it as a more compact choice within the same bedroom count. For buyers, the decision point is likely the size-to-price balance.

423 Ward Avenue Unit 1806, Honolulu

New listing · Asking price: $1,291,000
1 bedroom · 1 bath · 652 sq ft · 5 days on market

This is the only one-bedroom condo in the week’s release at $1,291,000, with 652 square feet and a monthly fee of $1,062. It gives buyers a lower-entry option within the Mahana lineup while still staying inside the same new-construction release. The smaller footprint should make it one of the more accessible price points in the building this week.

423 Ward Avenue Unit 1408, Honolulu

New listing · Asking price: $871,000
1 bath · 458 sq ft · 5 days on market

This studio condo is priced at $871,000 and has 458 square feet, making it the smallest and lowest-priced new listing this week. The monthly fee is $748, which is also the lowest in the group. For buyers seeking an entry point into the building, this is the most compact option in the current set.

423 Ward Avenue Unit 1202, Honolulu

New listing · Asking price: $1,284,000
1 bedroom · 1 bath · 702 sq ft · 5 days on market

This one-bedroom condo is priced at $1,284,000 with 702 square feet, so it sits just below the other one-bedroom in both price and size. The monthly fee of $1,142 is slightly higher than the smaller one-bedroom unit, which may matter to buyers comparing total monthly carry. It looks like a mid-range one-bedroom choice within the week’s offerings.


Read More About Mahana

Explore the Mahana building guide for its location, residences, amenities, and current condos for sale. Use the guide alongside this week's activity to compare a specific condo with its closest alternatives.

Explore Mahana
Mahana condos and building guide
Lucy Heath, Mahana condo advisor

Mahana: six new listings and no sales this week

“Mahana is showing a clean, one-sided week: six new active condos, no contracts, and no closings. That gives buyers a full look at the current pricing spread, from the smaller studio and one-bedroom units up through the larger three-bedroom residence, while sellers are still competing against the full set of new offerings rather than against sale results. The monthly fees are consistent at $1.63 per square foot, which makes the size and layout of each condo the main difference in carrying cost at this stage. In a week like this, well-positioned condos may benefit from being compared carefully against the rest of the release, especially when buyers are sorting by floor plan, exposure, and total monthly outlay rather than just the asking price.”

Lucy Heath

This Week's Kaka'ako Condo Market Report

See how Mahana compares with the Kaka'ako condo market this week. Read the Kaka'ako condo market report for the week ending October 25, 2026.


Lucy Heath

The #1 specialist & real estate agent in Kakaʻako and Ala Moana luxury condos

I'm a Honolulu-based real estate advisor specializing in luxury condominiums across Kakaʻako and Ala Moana, two of the most dynamic and distinct urban neighborhoods in Hawaiʻi.

I founded Luxury Condos Hawaiʻi with a specific intention - to give buyers and sellers building-level clarity in a market where the difference between a sound decision and a costly one often comes down to how well someone knows the inventory, the towers, and the nuances that don't appear in public data.

Luxury Condos HawaiʻiLucy HeathGet to know Lucy
Lucy Heath - Compass Real Estate Advisor Hawaii

Mahana Condo Market Questions

What does this week’s Mahana activity tell buyers right now?

This week is about fresh inventory rather than completed transactions, so buyers are looking at a full set of newly active condos without any recent sales to anchor the conversation. That means the most useful comparison is between the six new listings themselves: size, layout, monthly fee, and total asking price. The spread runs from a studio to a three-bedroom condo, so buyers have a wide range of entry points in one week. For anyone shopping here, the practical move is to compare the condo that best fits use and budget against the other newly available options before expecting the market to validate a value target.

How should a seller think about pricing in a week with no sales or contracts?

When there are no closings and no condos under contract, pricing has to stand on the strength of the listing itself. In Mahana, that means buyers are likely to compare each condo against the others in the building rather than against a fresh sold comp from this same week. The monthly fee level is consistent across the release, so size, floor plan, and total asking price become the main differentiators. Sellers who are entering the market now may benefit from being especially deliberate about positioning, because there is no recent closed-sale signal in this week’s activity to lean on.

What stands out in the current inventory mix?

The current inventory is evenly concentrated in new active listings, with no under-contract condos at the moment. The mix includes one studio, two one-bedroom condos, two two-bedroom condos, and one three-bedroom condo, which gives buyers a broad range of choices inside the same building. The pricing spread is also wide, from the lowest-priced studio to the largest three-bedroom residence. For practical shopping, that means buyers can compare lifestyle fit and carrying cost within Mahana without needing to look outside the building first.

Are the monthly fees important when comparing these condos?

Yes, especially in a building where the monthly fee per square foot is listed consistently at $1.63 across the new offerings. That makes the total monthly fee a real part of the comparison, because larger condos naturally carry a higher dollar amount even when the per-square-foot figure is the same. Buyers looking at the larger units will want to weigh that carrying cost against the extra space and bedroom count. For smaller condos, the lower total fee may be a meaningful part of the value equation even if the asking price still feels substantial.

What can one week of activity show, and what can it not show, in Mahana?

One week can show what is being added to the market, how the building is being priced across different layouts, and whether the current mix is skewing toward larger or smaller condos. It can also show whether there are sales or contract moves that would add urgency or support pricing. What it cannot show on its own is a longer-term direction for demand or value, especially when there are no closings or contracts in the period. In this report, the clearest takeaway is that Mahana is starting the period with six new active condos and no completed transactions to test that pricing yet.

Market information as of October 26, 2026. Listing availability and property details can change. Contact Lucy for details about a residence.