Moana Pacific Weekly Condo Market Update | Week Ending November 1, 2026

Buyers should see a building where the larger floor plans are still setting the tone for activity, especially when they offer strong views, useful parking, and a layout that feels efficient. The new listing gives another option to compare against the existing active inventory, while the closing offers a concrete reference for what one sizable 3-bedroom condo actually brought. In practice, the best value here is likely found by comparing fee burden, floor level, and interior use, not just asking price alone. That is usually where the biggest differences show up inside the same building.

The closing is useful because it shows where one condo in the building actually traded, not just where it was listed. A sale at $800,000 after 39 days on market suggests that buyers were selective and that pricing needed to meet the market rather than lead it. Sellers with a stronger view, a better floor position, or a more compelling layout may be able to support firmer pricing, but only if the condo is clearly differentiated. In this building, the market appears to reward a clear match between asking price and the unit’s overall profile.

The main variables are floor plan, floor level, monthly fee, and parking. A larger 3-bedroom with two stalls will not compete the same way as a smaller 2-bedroom, even inside the same building, because the carrying cost and use case are different. That is why the new listing and the under-contract condo should be read as separate value points rather than direct substitutes. Buyers who focus on total monthly commitment and how the condo will actually live tend to make the clearest comparison.

No, not on its own. One closing can show what happened with a specific condo, but it cannot establish a building-wide direction by itself. What it can do is give a current reading on how buyers are responding to the combination of price, floor position, and unit size. To judge value more confidently, it is better to compare several recent closings and the active competition in the same size range. That is especially true in a building with different floor plans and fee structures.

The current inventory gives owners a practical read on competition rather than a simple yes-or-no timing signal. With 13 active condos and 3 under contract, sellers still need to be thoughtful about presentation and pricing because buyers have choices. That can favor owners whose condos stand out on view, floor level, or efficiency of layout, since those differences are easier for buyers to act on quickly. For other sellers, timing may be less about the calendar and more about whether the unit is positioned clearly against the rest of the building.