August 2012

Found 2 blog entries for August 2012.

279 Oahu home sales in June, a +12.5% rise. Prices up to $620,000 from $562,500 last June, up +10.2%.

342 condos were sold in June, a decrease of 3.4 percent from June 2011.

According to the Days on Market indicator, sales for single-family homes were accepted at a slower pace last month compared to a year ago, with single-family properties listing for 35 days; condominiums were sold in a shorter amount of time, listing for just 30 days.

The market is going UP.

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I just listed this beautiful Moana Kai town home in Hawaii Kai for $685,000.  We received multiple offers on the first day of showing and it is now in escrow over the asking price. 

Check out the beautiful lawn in front of the unit. 

moana_kai_town home in Hawaii Kai 

This end unit has a 2 car garage, a small yard, and nobody above or below. We received a full price offer before we even showed it, and then multiple offers over asking price on the first open house.  One incredulous open house visitor asked, 'why did it sell so fast?'  The answer is simple - the inventory is low enough on Oahu that any good property priced correctly will sell immediatey.  If a property hasn't sold in a few days or weeks, and it's under $1million, there is probably something worng with the

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