Hawaii real estate market update

June 6, 2021

Hawaii real estate is still $1mil under valued

Hawaii real estate prices have gone up rapidly for the past several years, and this week the Board of Realtors said that median home prices have now reached $978,000, while median condo prices reached $457,750.  Activity was up, with the average home selling in only 8 days ...

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May 25, 2021

Nothing can stop the Real Estate Market Right Now

HBR April2021

 

More than half of single-family homes – 58.9% to be exact – sold above the asking price last month. Meanwhile, high demand for single-family homes continues to keep the median days on market at a low of just nine days.
 
In April, 30.9% of condos sold ...

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May 21, 2021

Aloha Friday!!!

It's a very Happy Aloha Friday for Jeremy Cheng's clients! They just closed on a 3BR home in Ewa! Thanks to Jermy and our escrow officers at Title Guaranty, and their loan officer Tyker Olds, it was a smooth and successful transaction! If you are looking for a ...

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Feb. 1, 2021

Waterfront Living in Hawaii Kai!

This is one of the best units in Esplanade, a 2 bedroom ground floor corner location with a private enclosed yard that leads to a large grassy common space.  With no elevators or stairs to this unit, it has the convenience and accessibility of a single story home, but ...

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Jan. 13, 2021

We were all wrong about the market

Everyone I know was wrong about the real estate market in 2020. I've been in the business for 21 years now, and I am usually pretty accurate with my predictions, but last year I thought the market would fall dramatically because of Covid, and I could not have been ...

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July 9, 2020

Home sales show month-over-month increase

According to the market update released by Honolulu Board of REALTORS® earlier this week, single-family home and condo sales are increasing by the month.

 

“The month-over-month improvement indicates our market is steadily strengthening as the state reopens,” said Tricia Nekota, president, Honolulu Board of REALTORS®.

 

Although the ...

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June 6, 2020

Oahu Top Buyers of 2019

 

A report by First American Title broke down the 2019 Oahu buying market by country, state, and region. According to the report, the top four buyers on Oahu in 2019 were:

1.    United States: 11,569 buyers, Sale Price Sum: $8,082,383,847

2.    Japan: 242 ...

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May 12, 2020

Oahu home sales price holding strong

 

According to the latest report released by the Honolulu Board of REALTORS ® on May 6, last month’s (April 2020) median sales price remained steady and even showed a slight uptick compared to last year.

 

The report showed single-home median sales price had risen 5.5 percent to ...

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