Diamond Head’s Gold Coast had another good year of sales in 2010.
This unique area on the water, with 17 oceanfront buildings, had 37 sales for the year. Excluding the Diamond Head Beach Hotel (which is leasehold, and sales are not reflected), the average sales price was $1,057,700 on average asking prices of $1,148,000. These apartments were on the market for an average of 111 days. Currently, there are 29 properties for sale at an average price of $1,331,200.
This Diamond Head Apartments listing (MLS# 1008095) has the highest asking price today
Of these, the highest priced unit in the Diamond head Apartments is listed at $5,950,000 for a 3 bedroom, 2 bathroom unit of 2,749 square feet. There are a number of 2 bedroom units available where a buyer could enjoy oceanfront living in the $500,000 to $700,000 price range. Two of these are in the Diamond Head Ambassador and priced well under the 2010 average for the area.
If you’re interested in learning more about the Gold Coast at Diamond Head, contact me for more information.