Hawaii home sales 
sell a home in hawaii
There are currently 11 blog entries related to this category.
Oahu real estate market statistics - Prices up in some areas
Wednesday, November 2nd, 2011 at 7:23pm. 530 Views, 1 Comments.
While real estate in most of the country is suffering, Oahu real estate remains strong, with low inventory and many sales. While the number of sales has dropped since last year, so has the overall inventory. The number of homes for sale on Oahu has dropped 19.3% since last year, from 2,311 down to 1,866. That is only a 5.5 months supply.
A very interesting comparison is to view the sales by region. Below I list the total sales and median prices in each region, with a comparison of last year to this year. It's listed in order from highest increase in prices to highest decrease in prices (far right column).
As you might expect, the higher priced areas like Hawaii Kai, Diamond Head, and Kailua rose most in price, while the lowest priced…
$2.4 million home in front of Velzyland - In Escrow!
Tuesday, June 29th, 2010 at 1:49am. 496 Views, 0 Comments.
This house is located just one house back from the sand at V-land, one of Oahu's best surf spots on the North Shore. Built in 2008 in gated Sunset Beach Colony, this beautiful 2775 sqft house is just amazing. It's about 15,000ft of land and only a few steps to the sand, a surfer's dream!
Homes in this neighborhood are worth up to $5 million, so this one is a bargain at $2,395,000.
The house has wood floors, granite counters, board and batton construction, and a huge open great room. The lanai off the great room has stacking pocket doors that look over the ocean view. Check out the kitchen here.
My clients flew in for the week to buy a vacation home, and this was definitely the best one we saw out of about a dozen around…
Oahu home prices and sales rise, again.
Friday, April 9th, 2010 at 2:43am. 643 Views, 1 Comments.
The Advertiser reported today on the housing stats that were released by the Board of Realtors this week.
"O'ahu's housing market appears to have established a firm footing toward recovery, with sales activity in March marking the third consecutive month that single-family home median prices rose over the same month last year."
"However, some observers wonder whether the improvements will continue after federal tax credits for home purchases expire at the end of this month, which is keeping some leaders of the industry from proclaiming that the market is rid of weakness in home prices."
The median price of single-family homes rose 4.2 percent to $599,000 from $575,000 a year ago.
The number of homes sold was up 32.1 percent to 251 in March from 190 a…
There is no traffic in Ewa anymore
Monday, July 13th, 2009 at 3:30pm. 565 Views, 0 Comments.
On Thursday I drove to Ewa beach at 4pm. That should have been the longest drive time of the day, but I made it from Diamond Head in about 30 minutes, all the way to Ocean Pointe.
It used to be that once you got off the freeway in Ewa, it took another 30-45 minutes from there to the end of Ewa. Not anymore! The lane widening project, which is still only 70% done, has COMPLETELY changed everything in Ewa Beach. It's truly amazing.
Then, I happened to have another client who wanted me to drive down there Friday around 1pm. Guess what? NO TRAFFIC! Aloha Friday in Oahu means everyone gets off work around noon, and there should have been at least some traffic, but there was none!
Both days, I got from the freeway exit in Ewa to Ocean Pointe with…
Don't clean your own house when you sell it.
Monday, May 11th, 2009 at 4:28pm. 574 Views, 1 Comments.
The Hawaii real estate purchase contract asks sellers to clean their home after they move out, have it cleaned professionally, or pay for a cleaning credit. Let me state my case for NEVER cleaning the house yourself.
I always tell my sellers that it's best to just pay a credit in escrow for whatever amount it will cost to get the house cleaned. For your average 1800sqft 3bedroom home in Oahu, that might be around $400. In my experience, the level of "clean" of a home is far too subjective to leave it to chance.
I have had sellers who spent all day cleaning their windows, doing their floors, etc, only to hear on the day of closing that the buyer is not satisfied with the cleanliness of the house. This is very discouraging to say the least, because then…
Don't forget to check the wind. It's a big factor in the value of your Oahu Real Estate
Friday, May 8th, 2009 at 1:33pm. 595 Views, 0 Comments.
Wind in Oahu is more important than any other weather factor. Too little of it and your nice new home in Kailua will feel like a steam beath. Too much of it and your hilltop home on Hawaii Lao Ridge could feel like a constant tornado.
The temperature in Hawaii only fluctuates about 25 degrees all year. In the summer it might get 90 degrees on the hottest day, and in the winter it might be 65 on the coldest day. Also, it doesn't fluctuate much between day and night either. On an average summer day it might be 75 at night and 85 in the day.
But the problem is not the temperature so much as the wind. Even on a real hot day of 90 degrees in Oahu, if the wind is blowing about 20mph, you won't feel hot at all. But if the wind is not blowing, it feels hot even…
Order your property survey early
Thursday, May 7th, 2009 at 1:29pm. 727 Views, 0 Comments.
The Hawaii real estate purchase contract allows for buyers to review the survey of any single family home or land for a number of days agreed upon by the buyer and seller. If you wait until you find a buyer for your home, the buyer can take a look at something on the survey and decide to cancel the transaction, especially if he is already looking for a way to cancel. I instruct sellers to get the survey done at the beginning of a listing to avoid problems.
Here is what the Hawaii contract actual says:
No later than days prior to the Scheduled Closing Date, Seller shall, at
Seller's sole cost and expense, have a registered land surveyor (a) stake the
Property even if the stakes are visible and, (b) if improvements exist along the
Property…
The 10 Cheapest Ways to Stage a House to Sell
Wednesday, May 6th, 2009 at 3:51pm. 841 Views, 0 Comments.
When I first walk into a home I'm going to sell, I can usually tell in a few seconds what needs to be changed in order to stage it. However, many sellers don't have the budget to stage it the way I recommend, and some just don't want to change anything, because they think their personal taste in decor is just fine (they're usually wrong.)
Once in a while I walk into a home and wish I had brought some kerosine, but often I can suggest a few simple and cheap methods to stage a home for showings. Here are my top 10 cheapest staging methods:
1. Move and rearrange furniture. Most people make all the their furniture point at the TV, which is often not the best way to show a room. Moving furniture around in a house is a simple way to make things feel more…
When shopping for a house, it's ok (and good) to bring your kids.
Tuesday, May 5th, 2009 at 6:33pm. 504 Views, 0 Comments.
Last week I was showing property to a family that has been planning to move to Oahu for some time. They are relocating with their company, and bringing 2 kids with them. For the showings, they brought their kids.
Sometimes people ask me if it's ok to bring kids on showings, and I always say yes. If you're moving from out of state, Hawaii is a new fun place that kids should learn about along with you. If you make them part of the home buying process, they're more likely to enjoy the house, and less likely to resent you for choosing a house they don't like.
Of course, kids don't have the best taste in houses, but if you let them see what you're looking at, even if you buy the house they don't choose, at least they have seen it and they're familiar with it.…
Honolulu real estate isn't expensive, not even close.
Tuesday, May 5th, 2009 at 6:32pm. 594 Views, 0 Comments.
Cost is relative. If you live in Haiti, a hamburger for $3 is expensive. If you live in North Dakota, a house for $200k is expensive. There are places around the country that are just as expensive or more expensive than Hawaii.
In Alamo California, the median home price is $1,499,795. Now that seems really high for a median price. Oahu median home prices are just $600k right now. Whoa! That's cheap :)
In Franklin Lakes NJ, the median home price is $1,337,877.
Here is one I was surprised by: Lake Forest IL has a median home price of $1,186,521. What? It's more expensive to live in IL than in Oahu? Now that just doesn't make any sense at all.
Then there is some place with the goofy name Wolf Trap VA with a Median home price of $894,122.
There are several cities…
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