Market Updates

May 7, 2023

Cool before the Hot Summer Market

The Oahu Real Estate Market saw a significant slow down in comparison to the same month last year. Single family Homes and condominiums saw a 43% and 37.5% decrease in sales respectively. Although the market has slowed, median prices have held steady due to consistently low inventory. Oahu median ...

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Posted in Market Updates
April 7, 2023

A Market Where Everyone Wins?

The Hawaii Real Estate Market is heating up creating opportunity for Buyers and Sellers. 

Buyers are BACK! Buyers are taking advantage of conditions in the market to get great deals on property. Only 35% of single family homes sold in March sold at or above asking price. Last year ...

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Posted in Market Updates
March 6, 2023

Opportunity Awaits as the Market Shifts

The Hawaii Real Estate Market has calmed across the board, but demand for homes remains steady.


Properties are sitting the market for notably longer before closing. Single family homes are spending nearly 4 times as long on the market compared to last year while condos are spending twice as ...

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Feb. 7, 2023

The Hawaii Market already crashed. Now buyers are back!

The Hawaii Market already crashed, but you may not have noticed. 

The median price in January showed signs of a market that declined all of last year, and that is now picking up dramatically.  The median price fell from the peak of $1,153,500 in May 2022 ...

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July 13, 2022

Sales still steady despite low inventory

The number of sales dropped 20% since last year but median sale prices have risen again.  Last year was a crazy year of sales and things have now normalized.

Despite the Year-over-year sales drop, the last 4 months have remained steady - The average number of single family homes sold ...

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May 9, 2022

Hawaii Real Estate Can Slow and Rise Simultaneously

Can real estate prices rise while sales slow down at the same time?

In Hawaii it can. While the number of sales dropped off by almost 3% last month compared to last year, prices are now still up 19.1% and we still continue to see them rising.
My experience ...
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April 12, 2022

A New Record for Median Sales Prices

The first quarter of 2022 closed with new record median sales prices for both single-family homes and condos at $1,150,000 and $515,500, respectively. How did that happen?

Fewer single-family homes were sold in March and the first quarter, with the most significant decline occurring in the $899 ...

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Jan. 9, 2022

Home prices continue to rise and condo sales are strong

For the last five months, the median sales price for a Single-family home has stayed between $1 Million and $1.05 Million.  Although the Year-over-Year closings are down 10%, December 2021 closings were still higher than November. Median days on the market were only 11 days and sold 2 ...

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Dec. 9, 2021

Condo owners - it's a great time to sell!

Condo owners - it's a great time to sell!  The market has set a new record low of only 9 median days on the market!  Buyers are loving the more affordable price points of condos.  While most of the sales volume occurred in the $400,000 - $499 ...

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March 6, 2021

Market Update: When the government prints $2 trillion, buy houses.

"Don't fight the Fed," is what people say about the stock market when the government prints (fiat) money like it's going out of style (it is.)  Inflation is here, and even the Fed finally acknowledged that this week.  What this means is that your dollar buying ...
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