Aloha Tony's Oahu Real Estate Blog

     As the summer selling season draws to a close and we start to approach the holiday season, I wanted to give you an idea of our local market and the trends that are happening now compared to last year.

     For single family homes and condo's, inventory is down in most area's which will tend to drive up prices. When X number of buyers are looking at Z number of houses, and X is greater than Z, that means bidding wars ensue (from buyers) which always end up pushing sale prices higher.

     For single family homes, median sales prices went up this year 6.45% compared to the median sales price in 2014. The average days on market went up 3 days, to 25 days on market, compared to last years 22 DOM.

     For condominium/town homes, the median sales

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        If you have a boat or you'd just like to live on the water, then you've definitely considered Hawaii Kai as your next home. Hawaii Kai is located in the south eastern corner of Oahu. It's considered Honolulu, but as Honolulu is such a broad area we all know it as Hawaii Kai. 

       As you ponder your options, here are a few things to consider. A town home/condo may be the best option for you. Unless you want a single family home, then you'll need at least $1,500,000 for marina front in Hawaii Kai.

     The prices for a marina front condo/TH in Hawaii Kai range from $380,000 for a 1 bedroom in the Esplanade, to $1,150,000 for a 3 bedroom town home on Koko Isle. Marina fee's are $400/year but some maintenance fees cover this. If you

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Homes on Oahu sell for higher at this time of year than any other, which means now may be the ideal time to sell your home. If you’ve wanted to list your property but had trouble deciding when, here is some valuable information to consider. 

Median home prices on Oahu have peaked in Nov/Dec in 3 of the last 4 years. Since the typical escrow period here is 45 days, the sales figures recorded in Nov/Dec reflect offers that were accepted in Sept/Oct. Historically, offers made in Sept/Oct are higher than the rest of the year. Check out the trends in the chart, below.

Oahu Median Home Prices By Season


Summer Peak

Post-Summer Dip

Winter Peak


$710K (Jul)



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    With it's amazing location just in front of Koko Head crater in Hawaii Kai, the neighborhood of Koko Head Terrace makes coming home a beautiful thing.

    The homes in Koko Head Terrace were all originally built between 1965-1971 and were constructed by using the single wall method of construction. Single wall construction is quite common here (and in other tropical regions) as we do not need a method of heating for homes, which makes insulation unnecessary. A majority of traditional Hawaiian homes were built using single wall construction. With the homes having been built with single wall construction, they were all originally single story. When you see a 2 story home in Koko Head Terrace, it's safe to say that they had to have it

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     We recently sold a home in Makakilo-Anhuea, within the Palehua Home Owners Association. Anuhea is a subdivision developed by DR Horton-Schuler Homes in 2005. The homes are very well built with steel frames and nice floor plans. This neighborhood consists of 109 homes that are a CPR. CPR is short for Condo property regime. But these are all detached, single family homes. The CPR refers to the way that the land was split up by the developer.


    The floor plans are all very open and have nice sized bedrooms. There are 4 different floor plans with many variations of them all. They are all 3-4 bedroom, 2, 2.5 or 3 bathroom and range from 1285-1817 sq ft.


    The homes have a traditional exterior elevation and all have nice vinyl

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“These loans can be the difference between renting and ownership for families across O‘ahu.”  -Honolulu Mayor Kirk Caldwell   Last week Honolulu Mayor Kirk Caldwell announced that qualified low-income and moderate-income families can receive interest free loans for a down payment on home purchases. That day I called the DCS loan branch for more info and here’s what I found out.   The city will loan up to $40,000 to a borrower interest-free over a 20 year period.   But that’s not all!    For every year of owner-occupancy, the borrower will be credited 5% toward their loan balance. After ten years, about 50% of the balance should be paid off by the buyer while the other 50% will be paid off by credits. So only does the buyer get…
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For the 4th year in a row, Tony Kawaguchi and his Aloha Tony team have received the honors of being on this prestigious list of top producing agents in the state of Hawaii. The data is compiled from the MLS (Multiple Listing Service) and there are a few criteria that are considered from this.

1. Only MLS transactions in Hawaii

2. Only residential sales are counted. (no vacant land or commercial)

3. No new home sales are counted. (which is a shame since Realtor's often find homes in new construction developments)

4. Primary listing agents receive full credit, co-listing agents do not receive credit.

5. Both buyers agent and sellers agent are credited for the full sales price amount.

6. If the Realtor represents both seller and buyer,

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The first question we get from military clients PCSing to Hawaii is whether it's best to rent or own.

On one hand, renting seems to offer the very attractive prospect of immediate cash savings. If you rent lower than your BAH, that's extra money in your pocket, right away. On the other hand, a wise purchase can help you procure tens of thousands of dollars in wealth ... way more than you'd have if you'd chosen to rent. This type of wealth is not as obvious or immediate as savings you might get from renting, so its value is often overlooked.

Do homeowners know something that renters don't? Are you missing out on key information that would help you plan your future? If you are planning to be in Hawaii for at least 3 years, here are a few details to

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In a mere 5 years, Generation Y is projected to be the biggest age demographic in America. But that doesn't mean they'll wait until then to lead the nation in home-buying. Already, Gen Y is the largest share of the nation's homebuyers at 32%. Here are some other interesting generational trends in real estate. 

Gen Y: 32% (1980-1995) 

  • Gen Y had the largest share of first time buyers at 68%.
  • Gen Y buyers place high importance on finding affordable homes close to work.
  • 39% of Gen Y buyers primarily purchased a home just for the desire to own a home of their own.
  • More than half of Gen Y buyers used a mobile device during their home search and of that group, 31% found the home they purchased this way.
  • 90% of Gen Y bought their home through a real
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    Many people get confused when Realtor's talk about Mariners Valley in Hawaii Kai. They say, "Do you mean Mariners Ridge????" Nope. Im talking about the valley that's nestled between Mariners Ridge and Kamehame Ridge, Mariners Valley. It goes by a few different names, depending on what area of the valley you're talking about....Mariners Valley or Kamilo Iki Valley are the 2 that are widely used. They're based on the legal descriptive names of the area and the subdivisions used in the property tax records for Honolulu County. 


An aeriel  view of Mariners Valley from the ridge above

    There are single family residences and also townhomes in Mariners valley. The valley is in a really great area of Hawaii Kai, right in the middle. But it's

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