Category: Housing Market Update
Maui Market Report Update: October 2020
READ THE MARKET REPORT HERE The number of closed sales continued to increase for single-family homes last month, but for condos the number of sales took a slight dip. Of the 107 single-family homes sold in September, 26% were over $1,000,000 and 65% were between $500,000 and $999,999. For condos, there were 85 units sold... Read More
Hawaii Island Real Estate Market Update: October 2020
READ THE MARKET REPORT HERE As we head into the fall season, the market continues to move at an incredibly fast pace, just like it did in August. When compared to August, single family homes continued to increase in number of sales but decreased slightly in days on the market and for median sales price.... Read More
Oahu Real Estate Market Report: October 2020
READ THE MARKET REPORT HERE New records were set last month in the Oahu single-family home market. For median sales price, there is a new record high of $880,000. Last month, the median sales price was $839,000. There is also a new record for average days on the market, with single family homes staying on... Read More
Neighborhood Video Digest: The Pines at Kailua-Kona
The Pines neighborhood consists of free standing, single-story condominiums located in Kailua-Kona, just a short distance from town. The neighborhood is well-maintained, and the condos give residents the benefits of living in a single-story home, like privacy and space, in addition to the benefits of condo living. 2020 Median Sales Price: $498,000 2020 Median HOA... Read More
Neighborhood Video Digest: Kona Vistas
Kona Vistas is an upscale subdivision located just minutes from the heart of Kailua-Kona. There are over 200 homes and lots in Kona Vistas, many of which offer stunning ocean and sunset views because of the neighborhood’s location on the slopes of Hualalai Mountain at about 600 feet in elevation. In addition to Kona Vista’s... Read More
Oahu Real Estate Market Report: September 2020
READ THE MARKET REPORT HERE Even amidst a pandemic, home prices on Oahu continue to rise. The most notable statistic this month is the new record high for single family homes, which rose 6.2% since last year at this time to $839,000. The limited inventory and historically low interest rates are creating steep competition for... Read More
Oahu Real Estate Market Report: August 2020
Confidence is returning to the Hawaii Real Estate Industry for both buyers and sellers. Record low interest rates and people returning to work are driving demand and pushing buyers back into the market which is in turn pushing sellers to put their properties on the market. While sales are still below what they were at... Read More
Hawaii Island Real Estate Market Update: August 2020
The Hawaii Island real estate market continues to improve for the third month in a row. The number of sales for single family homes and land saw steep increases in July compared with the other months of improvement. While the number of condos sales did increase month to month, the increase was not as significant... Read More
Maui Real Estate Market: August 2020
Across the island of Maui, the number of sales and the number of new listings were on the rise in July. The number of closed sales has been steadily increasing since May 2020 when it reached its lowest point since the Great Recession in 2009. The number of new listings has been on the rise... Read More