2011 Hawaii Tourism Authority Visitor Statistics Infograph
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The Hawaii Association of Realtors (HAR) just released a statewide recap of 2011 sales for all the Realtor boards around Hawaii. This analysis lists out average sales prices for homes and condos. The Big Island of Hawaii leads all the other islands with both the lowest priced homes at just $242,500 and condos at an average price of $225,900. [...]
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 [...]
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December sales took place in just two condo projects – Elima Lani and Fairway Terrace. These two entry level priced condo projects were by far the sales number leaders in 2011 condo sales. There was just one distressed property sale (a REO) accounting for just 1/3 of December sales numbers. I’ll be back next week [...]
The number of homes that were either a short sale or bank owned property accounted for 50% of the sales in December, a fairly low percentage for Waikoloa Village where this type of sales is often closer to 2/3 of all home sales. I’ll be back next week with a review of home sales for [...]
Oahu home sales above $1 Million were up slightly in 2011. There were 393 this past year, which was up over 2010′s sales of 379 homes sold.
The distressed sales, like bank owned and short sales, accounted for more than 60% of all home sales in Waikoloa Village in 2011. Should you choose a straight sale over a distressed property, this move-in ready property might be for you! It is the original Waikoloa Bluffs model home (Mauna Kea model B). It is in [...]
Stat-a-palooza time now that 2011 is over and the new year begun. We put together some interesting stats for West Hawaii condo and residential sales. These stats cover the area from Keauhou to Waimea (TMK 3-6 and 3-7). It’s interesting to note here how similar these graphs are even though one could make the case that [...]
Yes folks, you read that right! Actually, it was $27.9 million, but it was only 3 homes that totaled this amount…and all in 2 days. Home #1
Mahalo nui for an amazing 2011. I’m blown away at what we’ve accomplished, and how much everyone has contributed to the meteoric rise of this locally-owned, homegrown, non-franchised company. By every measure, we’ve succeeded in surprising the entire industry (perhaps even ourselves) in 2011… We helped over 1000 people buy or sell property in Hawaii (at [...]
A good way to look at the real estate for sale in Waikoloa Village—homes and condos—is to look at the inventory numbers of properties for sale. An analysis of this inventory will tell the number of days to sell this inventory based on recent sales numbers. In real estate, 6 months is a neutral market with [...]
November home sales for the Big Island’s Waimea were quite varied as they ranged from a home in Vacationland, sold at $99,900, to a large home in the premier area of Kamuela Heights that sold at $699,000. These two homes also showed the wide range in days on market running from one day to just [...]
Hawaii Life’s top-producing agent, Roni Marley, R(B), was recently acknowledged in the Wall Street Journal for representing Will Smith and Jada Pinkett Smith in the sale of their home on Kauai’s North Shore for $20 million. There have only been 4 residential sales in Kauai’s history for $20 million or more. All of the others [...]
When you look at the November Honolulu Board of Realtors statistics at a glance, it appears our market is relatively flat.