500 University Ave. 916, Urban Honolulu purchased by Junichiro Tsuchiya

The home at 500 University Ave. 916, Urban Honolulu, was sold on June 4 by Yung-Wen Chou, Chen-Chiang Chou Dated March 21 2007 (revocable living trust) and Hsiu-Chin Chou Chou Dated March 21 2007 (revocable living trust) for $1.4 million.

Junichiro Tsuchiya was listed as the buyer.

Property taxes on the home totaled $2,401 in 2024, or 0.2% of the sale price.

This property is one of 241 sales in Urban Honolulu, Honolulu County, between May 4 and June 4.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.