Resales of single family homes were down 14.5% and condo sales down 6.5% in December. Every year, we typically see a dip in volume over the Holidays. However, this year was more significant compared with December of 2010. This Waimanalo home (MLS # 1112647) is priced at December’s median price of $605,000 Meanwhile, the median [...]
After June and July ended up being a slower home buying season compared to summers past, August finished strong. Home sales were up 20.8% and condos sales up 15% from 2010!
Although sales of single family homes on Oahu in July were down 7% from 2010, Realtors on Oahu closed as many transactions as June with 251 sales. Prices were also down 2.2% from last year. On a brighter note, they took a tick up from June’s median price of $575,000. It also took homes that [...]
Rendering of a new home to be built in Diamond Head (MLS# 1105799) There’s nothing like moving into a brand-new home. I often have clients looking for something brand-new. However, new construction is hard to come by on Oahu for several reasons: Limited supply in available land to build Builders are holding back on releasing [...]
Resales of single family homes and condos on Oahu continued April’s downward trend of fewer transactions in the marketplace. This home (MLS# 1011829) on Oahu’s Windward Coast is listed for the median price of $595,000 The bad news first: Single family home sales were down 15.3% and condo sales were down 10.3% in May. Median [...]
The Oahu real estate market started the year off with a jump in sales and a dip in prices. In January, there were 199 single family home sales on Oahu, which was up 11.2% from last year. Condo sales were also up 9.5%. Volume increases are typically signs of a healthy market and can often [...]
Perhaps I got ahead of myself when I said, “don’t be scared of Oahu’s home sales” last month. Adam Sandler on Saturday Night Live singing his Thanksgiving song We are thankful this Thanksgiving for stable home prices on Oahu. In October, sales of single family homes were down 16.9%, and condo sales were down 21.3% [...]
There was a recent article in the Pacific Business News titled 2010 Oahu home sales off to fast start that talked about how we’ve been on a roll here on Oahu with home sales up every month since January 0f 2009! Year over year home sales were up 33% with 166 sales and condo sales [...]
HAWAI'I LIFE