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Island Colony Waikiki is the tallest hotel in Waikiki.
FEATURED LISTING:
Island Colony Studio - $199,000 FS
445 Seaside Ave #3214
MLS #1304516
 




In Escrow
Island Colony Lodging Unit - $159,000 FS
445 Seaside Ave #1415






In 2011, 59 units came on the market (green),17 were withdrawn (red) and 38 sold (purple) = 64% odds of selling
 
In 2012, 46 units came on the market (green - down 22%), 17 were withdrawn (red - same) and 32 were sold (red - down 16%) = 70% odds of selling
 
Over the past two years, we see the supply has decreased (-22%) and the demand has decreased (-16%).  However, the supply has decreased at a greater rate and this caused and increased in an owner's odds of selling (+6%) to 70%.