Yan Ma and Tong Shen purchase 1621 Alencare St. 383, Urban Honolulu, appraised at $1,200

The home at 1621 Alencare St. 383, Urban Honolulu, was sold on July 24 by Xiao Qiang Xue for $1,200.

Yan Ma and Tong Shen were listed as the buyers.

Property taxes on the home totaled $6,822 in 2024, or 568.5% of the sale price.

This property is one of 262 sales in Urban Honolulu, Honolulu County, between June 24 and July 24.

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.