Anywhere between Aina Haina and Kuliouou was a great place to have sold your home last month. Sales were up 167% and the median price was up 90% since last year to $1,660,000. A major factor was there was lots of movement in the higher end with an oceanfront sale on Niu Beach for $4.9 [...]
We have been researching condo activity and prices for several clients recently in the Waikoloa Beach Resort. The trend recently has been to a very reduced supply of condos for sale and rising prices. For the most part, that is still the case. There are currently 46 active listings in the resort, with the lowest [...]
Oahu had another strong month of residential resales this past month. Sales volume was up 29% for single family homes and up 33.2% for condos. Unlike last month (where there was an abnormal spike due to the project completion of Holomua), these numbers were a true barometer of how strong the market is. This Haiku Hale condo [...]
Sales in the Maui Meadows area have been a little tepid this past quarter. We seem to average approximately 17 active listings and this quarter 4 have sold. They range from low to mid range and from homes that need some rehab to move-in condition gems. The four sold home in Maui Meadows are: 1. [...]
Often when someone is thinking about buying a condo in Maui, they want to know if they will be able to rent it out and help offset some of their costs. I often hear the question, “how much can I rent it for?” The below statistics that are gathered are from hotels vs. privately owned [...]
A little over a year ago, the Honolulu Board of Realtors started releasing their monthly stats in 2 parts. The first was the overall market reports and the second was the local market updates. The later wasn’t released until the 2nd half of the month, which is why my articles were hitting so late. I’ve [...]
Condo sales in Waikoloa for the 1st quarter of 2013 are a picture of real estate on the Big Island – lower inventory and higher prices. The total number of sales for the quarter was only 10 condos for the 3 months. This is a big reduction in sales numbers from the past few years [...]
Following the momentum of February’s strong condo sales, March was another strong month. Sales were up an incredible 73.1% and the median sales price up 11.2% to $346,700. I actually had to do a double check when I saw that sales were up that much. This Hoakalei home (MLS# 1302502) is priced at Oahu’s median sales [...]
As developer inventory at the Honua Kai Resort and Spa in Ka’anapali, Maui continues to dissipate I want to highlight the five remaining one bedroom plus den (there are no bedroom developer units for sale) units still available for sale at the resort. This particular floor plan is a very good use of space as [...]
The first quarter of 2013 has already gone by and it has proven to be as strong as we expected for real estate sales in Pualani Estates. Before we look at sales this year, let’s take a look at the first quarter of last year so we have something to compare it to. In the [...]
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