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Market Update: What’s Really Going on in Hawaii Kai?

You’ve heard about rising prices, but the overall year-end data for Hawaii Kai shows a stable trend with sale prices increasing in the condo market only. What does this translate to for you? With stable prices, it’s time to consider getting your home ready to market in time for the Spring activity.

Single Family Median Price
2013 compared to 2014

  • $977,500, $980,500 = 0%

 
Condo Median Price
2013 compared to 2014

  • $605,000, $560,000 = +8%

 
The trend I also see indicates a lower final sales price compared to list price. This underscores the need for the best presentation and pricing of your property, which is why I provide you with the relevant data specific to your home and neighborhood trends to determine how to net you the highest possible price in our changing market. We may be at an inflection point in 2015.

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