Posted by Erik Hinshaw, R(S) on August 31st, 2010 |
Tags: Big Island, Condos, Hawaii, Holualoa, Homes, Hualalai, Kailua Kona, Keauhou, Kona, Kukio, Sales Stats, South Kohala, Waikoloa
As a buyer’s agent for West Hawaii, I’m keeping plenty busy despite the gloomy national news. Late summer and fall is usually a slow time here for buyers, but I’m writing as many offers for clients as I was at the traditional peak time back in January and February. Read entire post →
Posted by Pam Deery, R(B) on August 26th, 2010 |
Tags: Big Island, Condos, For Sale, Hawaii, Mauna Lani, Sales Stats
A Mauna Lani Terrace unit has finally gone into escrow after 523 days on market! A 1 bed /2 bath ground floor unit of 1150 sq. ft. which was listed for $895,000 has become the first to break the streak.
Prior to this new contingent sale, the last Terrace unit to sell was in February of 2009; a 2 bed / 2 bath 2nd floor unit which had been on the market 391 days and eventually sold for $1,375.
Posted by David Buck, R, BIC on August 19th, 2010 |
Tags: Homes, Kahala, Kaneohe, Nuuanu, Oahu, Sales Stats, Wahiawa
The same ‘ole story has finally changed. After almost of year of writing articles on how our sales volume is increasing on Oahu, July was the first month where we didn’t outpace the previous year’s overall numbers. Single family home resales just barely outpaced July of 2009 by two sales, while condo sales were down from 343 to 320.
Posted by Pat Strausse, R on August 18th, 2010 |
Tags: Big Island, Homes, Kamuela, Sales Stats, Waimea
This Aneknoa Estates home, just sold, sits on 2.5 acres
The Big Island’s town of Waimea (Kamuela) is still behind other parts of the Big Island in the housing market recovery, and July sales figures show the same pattern as previous months—low sales numbers and not much moving on the higher priced “dry side” of Waimea. For the month of July there isn’t much to report—only two sales—one on each side of town. Read entire post →
Posted by Pat Strausse, R on August 16th, 2010 |
Tags: Big Island, Homes, Sales Stats, Waiki'i Ranch
Posted by Pat Strausse, R on August 15th, 2010 |
Tags: Big Island, Condos, Deals, For Sale, Kohala Coast, Sales Stats, Waikoloa Village
With the July sales figures in for Wailkola Village condo sales there was again a strong sales number of 6 condos closed but a low average sales number of only $110,241. And again, it’s a familar line up of complexes accounting for most of the sales with Elima Lani having half of the sales with three, Fairway Terrace in with two sales and Makana Kai At Wehilani had one sale. Finally, distressed sales- short sales or REO’s (bank owed properties)- were the main condos that buyers wanted with 5 of the 6 sales falling into this catagory.
Elima Lani Unit 308 was the top seller at $130,000
There was again a condo sale in the $70,000 range—Fairway Terrace unit A 101 closed at a sales price of only $75,548 for a two bedroom unit. The high sale of the month was an Elima Lani unit that had been listed at $159,900 and was not a distressed property, closing at $130,000. This condo had been remodeled with granite counters in kitchen and baths, tile, new laminate flooring, and new paint. All this and the best it would fetch was only $130,000.
One big note of concern for the next few months of sales is the large slow down in condos going into escrow. In the last 90 days Read entire post →
Posted by Ken Molina, RS on August 12th, 2010 |
Tags: Condos, Maui, Sales Stats, Wailea
I did a blog a while back about the Explosive Sales in the Makena Beach area. After reviewing the sales figures from the first half of 2010, it seems that Wailea is doing equally well. The figures that I will be using are from January 1 – June 30 of both 2009 and 2010. These figures were based on sales reported to our local Multiple Listing Service. With that aside, there were some impressive sales prices.
Sales at the Wailea Beach Vistas prove that stable areas like Makena and Wailea are safe bets for investors.
We saw 29 closed transactions in the first half of ‘09, ranging in price from $310,000 to $3,300,000. There were 64 closed transactions in the first half of ‘10, ranging in price from $379,000 to $12,500,000. Yes, folks, let me remind you that we are talking condominiums here. Single family homes are king in Makena, but in Wailea….the condo is king! Read entire post →
Posted by Kevin Spaise, RS on August 4th, 2010 |
Tags: Condos, For Sale, Hawaii, Hoolei, Luxury, Maui, Sales Stats, Wailea
Using quality of life as a barometer, what’s the ultimate address in Wailea?
The answer could well be Hoolei, the 30-acre luxury residential condo property directly across the street from The Grand Wailea.
Wailea’s gated Ho’olei, across the street from the Grand Wailea, is setting the standards for resort living in a residential setting.
Developed by the Quill Group, which also created the landmark property Na Hale O Makena, Ho’olei features 120 two-story townhome residences, spanning between 2,500 and 3,300 square feet, all with spectacular west-facing ocean views.
Completed in 2008, Ho’olei has defied downward market conditions and has nearly sold out (only ten developer units out of 120 remain unsold), a testament to the appeal of a true luxury resort with the inherent appeal of single family living. Indeed, the premise from the beginning has been to offer the resident, whether part- or full-time, the best of both worlds. The market has responded: Ho’olei has consistently and dramatically outsold the other five luxury properties at or near its price point — Wailea Beach Villas, Papali, Wailea Point, Polo Beach, and Makena Surf. Eight units have closed thus far in 2010, accounting for more than $17.5 million in sales.
Ho’olei is absolutely unique among a spate of gated luxury properties that have defined Wailea’s development in recent years Read entire post →
Posted by David Buck, R, BIC on July 22nd, 2010 |
Tags: Downtown, Homes, Honolulu, Moanalua, Nuuanu, Oahu, Sales Stats, Wahiawa, Windward Coast
The first half of 2010 on Oahu has been a “healthy” market to say the least.
Last month I wrote about how more homes were selling faster at higher prices in May of 2010. June continued the trend of increased volume and less days on market, however prices were somewhat flat.
Sales Volume was up 8.4% for Homes and 38% for Condos!
Homes that Sold on Oahu averaged only 32 Days on Market, while Condos averaged 31 Days. This is phenominal when you compare to the rest of the United States!
Prices were relatively flat with Median Sales Prices up .9% for Homes and down 3.2% for Condos
What does this all mean? Buyers are realizing that the market may be bottoming out Read entire post →
Posted by Pat Strausse, R on July 20th, 2010 |
Tags: Big Island, Condos, For Sale, Hawaii, Sales Stats, Waikoloa, Waikoloa Village
Wow! June saw not one but two condo sales in Waikoloa that closed in the $70,000 range.
Elima Lani unit #404, listed at $98,000, actually closed at $73,500. And Fairway Terrace B101, a 2 bed / 2 bath unit listed at $83,900, closed at $77,500. These were both REO’s, or bank-owned properties, that had already gone through foreclosure. In addition, Fairways F1029, also a 2 bed / 2 bath, sold at $94,500.
All told, there were six sales in June for Waikoloa Village condos as Waikoloa continues to show healthy sales numbers. A one bedroom in the Waikoloa Villas sold for $155,000, and the top sale price of the month went to a unit in the Paniolo Gardens at $200,000.
Your current location: Home » Blog
Terms of Use | Site Map | © 1997 - 2009 Hawaii Life Real Estate Services, LLC | Realtors: Join Our Team
Contact us online or call (800) 667-5028
