Oahu Hawaii Real Estate Blog: Updates on the Honolulu Hawaii housing market.

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Aloha Tony's Oahu Real Estate Blog

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8 ways Hawaii real estate is different from the mainland

Monday, April 21st, 2014 at 7:38pm. 145 Views, 0 Comments.

As I begin this, I would like to remind my readers that I'm referring mainly to the island of Oahu. 
-Insulation/HVAC    The first difference would be that homes are not made to withstand low temperatures like on the mainland. The lowest temperature I've heard about happening here was about 50 degrees Fahrenheit. The lowest temperature that I've actually felt while living here in my nearly 3 years, is about 70, and let me tell you, that's cold when you're used to 78-83 degrees everyday. With that being said, there is no reason to insulate a home here. There are also very few homes with central HVAC (heating, ventilation and air conditioning) systems. You would only see this in a newer home/subdivision and/or a condominium complex with limited air…

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SOLD! Kalele Kai #1611, $740k Hawaii Kai marina front condo

Wednesday, January 29th, 2014 at 3:59pm. 530 Views, 0 Comments.

Just SOLD!  $740k condo at Kalele Kai. My very happy client has been waiting for a good unit in this building for quite some time.  

It's 2 bedrooms,  2 baths, 1427 square feet with a huge lanai and some marina view. 

Check out the great open kitchen with modern cabinets and counters.

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 The building sits over the marina, and owners get to have a dock for their boats.  What a great location!

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The complex has a beautiful resort like setting, and this luxurious pool featuring palm trees as part of the lush landscape.

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Congratulations and thanks to my client on her great new condo!  

 

 

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Pocket listing in Hawaii Kai - 3 bed marina front town home

Tuesday, January 7th, 2014 at 9:21am. 39598 Views, 0 Comments.

A client of mine is going to be listing this beautiful 3 bedroom marina front town home in Mawaena Kai. It should be ready in a couple weeks.  Here is a preview.  It is an end unit with a large extended lanai and a huge loft inside. Probably the best location in the complex.

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15 Ridiculous Photos by Oahu Real Estate Agents

Monday, December 16th, 2013 at 2:55pm. 1628 Views, 0 Comments.

Oahu has beautiful eye popping luxury homes all around.  With panoramic ocean views, sandy beaches, and gorgeous sunsets, it's easy for us real estate agents to get amazing photos of the properties we sell on this beautiful island. 

But every now and then as I'm browsing new listings, I come across a picture that is so bad that I save it in a folder I have labeled, "ridiculous."  Now that I have enough to share, I thought my readers might find these funny.  All of these photos are from actual MLS listings that appeared on the web.

 

1. This one was pretty recent, and is actually taken by someone I know.  I guess this is a picture of a blurry pool, but all I see is the free camera strap that apparently comes with the condo.   No time to take…

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The Maui real estate market has been going crazy

Friday, July 19th, 2013 at 10:28am. 7970 Views, 0 Comments.

The Maui real estate statistics are out by Realtors Association of Maui, Inc.The numbers are huge.

Single family Homes

Sales increased by 45 units to 485 homes sold, a 10% change YTD.  The Highest Price Sold was a $9,700,000 Kapalua residence. The average sold price increased to $817,232, which is up 15% YTD.

The median price increased to $542,000, 20% YTD.

Condos

Sales increased slightly to 672 units sold, up 4 units. Average sold price increased to $536,021, up 13%!

The Median Price increased to $372,500, up +6% YTD.

Inventory is low:

There is a 5 month supply of Single family homes and condos on the market.

The market in Maui is pretty much mirroring the Oahu market.  Inventory low, prices up, but starting to slow down a bit. 

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Home Buying Infographic: You vs Your Parents

Sunday, April 14th, 2013 at 8:30pm. 8087 Views, 0 Comments.

I often hear from young adults today that they are finding it difficult to establish themselves in the housing market. Owning your own home is a central part of the American dream, and a pretty important milestone in any person's life, so it's bad news if young people today are having a tougher go at it than we did. But are they really?

I decided to dig up the statistics all the way back to 1979 to find out how affordable a home has been for the average American over that time period, based on median home price, median family income, interest rates, debt levels, and more. The results were both surprising and complicated, so I decided to present them in infographic form to make it easier for my readers to make sense of all the data I looked at.

Whether…

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911019 Kaiko st, Ocean Pointe MLS 1303360 Just listed

Wednesday, March 27th, 2013 at 9:48am. 25688 Views, 0 Comments.

Check out my new listing in Ocean Pointe for $690,000.  This beautiful 2446 sqft house has 5 bedrooms, 3 bathrooms, and a detached studio with wetbar. It has a great corner lot!

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Great room with new stainless appliances !

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Large living room lead to even bigger back yard

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Large open lanai

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Biggest Price Drop Ever in Hawaii Real Estate!

Saturday, March 16th, 2013 at 7:36am. 1640 Views, 0 Comments.

With an asking price of $24.9 million, the exquisite property of 210 North Kalaheo Ave. in Kailua is currently the highest priced home for sale in all of Oahu. But what's most stunning about this home, other than its gorgeous design and countless luxury features, is that its original asking price when it went on sale in 2011 was $36 million. That's a reduction of $11.1 million - probably the largest price drop in Hawaii real estate history! Luxury buyers should take note, because as far as top-tier homes in Hawaii go, this one is a serious bargain.

 

 

With countless features and amenities to boast about, one hardly knows where to begin when describing this incredible piece of real estate. With an 11,000 square foot estate which includes a…

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Just Listed - Remodeled Hahaione Valley Home With Ocean View

Friday, March 1st, 2013 at 9:11am. 34661 Views, 0 Comments.

This 2324 sqft, 4 bedroom 3 bath home was just listed yesterday. At just under $1 million, it is the ONLY home available in Hahaione Valley right now.  Check out this long driveway with room for several cars.

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 And some nice ocean view from the living room and dining room. 

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 Kitchen has new Corian counters and stainless steel appliances with a gas stove.

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 And flat yard for kids and pets!

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Just Listed - One of only 3 Hawaii Kai homes for sale under $1 million!

Wednesday, February 20th, 2013 at 8:31am. 25444 Views, 0 Comments.

It's true - there are only 3 availaible homes for sale in ALL of Hawaii Kai under $1 million.  I just listed this one, and even though we haven't shown it, I have multiple buyers wanting to send us offers over asking price!

This remodeled ocean view home has 1340 sqft, 3 bedrooms, 2.5 baths, with granite kitchen and wood floors. Best of all, it's located at the top of a flat cul de sac so kids can play outside, and adults can enjoy the ocean view from the llanai. 

We decided to let it sit on the market for an ENTIRE WEEK before allowing any offers to come in. This way, our first showing day will be a mad rush, and I'm certain there will be multiple offers well over asking price.  In this market, every good listing that is priced correctly should…

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