hawaii kai market reports: Hawaii Kai, Honolulu, HI, Real Estate Market Statistics for February, 2011 - 03/05/11 09:52 PM
Both Single Family and Condo sales in Hawaii Kai were slow in February, with 7 home sales and 14 condos closed.  This compares to 2010 with 7 home sales and 6 condo closings.Single FamilyThe 7 sales ranged from $684,000 for a 3/1.5 in Koko Head Terrace to $1,600,000 for a 4/3.5 on a 10,613 SF lot in Kamehame Ridge.There were 2 sales in Koko Head Terrace, and three of more than $1,000,000.  These million-dollar sales were in NaPali Haweo, Spinnaker, and Kamehame Ridge.CondosThe low sale was a FA unit in Mawaena Kai for $448,000, 3/2 with boat slip, main level.  The high … (2 comments)

hawaii kai market reports: Hawaii Kai Real Estate Sales Activity, January, 2011 - 02/05/11 05:43 PM

    
7 homes sold in January in Hawaii Kai, ranging from $695,000 for a Cottages unit in the Peninsula, to $5,750,000 for a stunning view home on Poipu in Triangle.  The Cottages unit was a 3/2 built in 2002, seling in only 5 days on market.  The Poipu home was very large, 6500 SF interior with outside living area of an additional 1,537 SF.  Built in 2010, it had 6 bedrooms, 5 full/2 half baths, pool, on a land area of almost ½ acre.  It sold in 145 days on market.  Three sales in January were over $1,000,000, two … (0 comments)

hawaii kai market reports: Hawaii Kai, Honolulu, December & Year-end 2010 Real Estate Market Statistics - 01/08/11 05:32 PM
The real estate market in Hawaii Kai continues to strengthen.Single FamilyDecember, 2010 19 sales Low price $585,000 in Kalama Valley and Koko Head Terrace, days on market 17 and 83.High price $2,200,000 in Portlock, days on market 26.  9 sales over $1,000,000.December, 2009 18 salesLow price $630,000 in Koko Head Terrace, days on market 10.High price $1,425,000 in NaPali Haweo, days on market 79.  3 sales over $1,000,000.2010 Totals197 salesLow price (fee Simple) $515,000 in Kalama Valley.  Days on market 42.  (There was a lower Fe Available sale of $311,350 in Kalama Valley.)High price $7,800,000 in Koko Kai, days on market 64.  … (0 comments)

hawaii kai market reports: Hawaii Kai November Home Sales - 12/03/10 10:24 PM
While the numbers of sales decreased in November for both single family and condos in Hawaii Kai, there were some bright spots.Single Family
10 homes sold, from a low of $684,500 in Koko Head Terrace, to a high of $1,500,000 in Kealaula Kai.  Six homes over a million closed in November, In 2009, 12 homes closed in November, from a low of $672,000 in Mariners Village, to a high of $1,075,000 in NaPali Haweo.  This was the lone million dollar sale.Condos16 units sold, from a low of $401,000 in Mariners Village 3, to a high of $1,350,000 in Kalele Kai, a … (0 comments)

hawaii kai market reports: October, 2010 Home and Condo Sales in Hawaii Kai - 11/05/10 12:43 PM
The Hawaii Kai real estate market is gradually, and slowly, improving. 

Single Family Homes20 single family homes sold in Hawaii Kai in October.  They ranged from $540,000 for a 4/2 on 12,265 SF of land, 1,384 SF interior, home in Mariners Valley, to $1,650,000 for a spectacular view home in NaPali Haweo, of 3,553 SF interior, pool, on 12,626 SF of land.  Days on market for the NaPali Haweo home was only 22, for the Mariners Valley home, 16.
For comparison, 20 homes also sold in September.  Last year, in October, 25 homes sold, reflecting the stimulus of the Buyer … (0 comments)

hawaii kai market reports: Hawaii Kai and Oahu September 2010 Real Estate Market News - 10/08/10 03:17 PM
Oahu Single Family Real Estate Sales, September, 2010
According to data released by the Honolulu Board of Realtors, September marked five straight months of median price gains for single-family homes on Oahu when compared with prices in the same months last year. The number of sales also continued an upward trend.  The median price for previously owned single-family homes sold in September was $622,450, up 2.9% from $605,000 in September 2009.  For the first nine months of the year, the median price was $599,000, a 4.2% increase from 2009.
Island-wide, there were 274 single-family homes purchased in September, up 8.3% from 253 a year earlier.  For the … (0 comments)

hawaii kai market reports: Hawaii Kai Single Family Real Estate Sales for September, 2010 - 10/01/10 05:02 PM
One of the many advantages of living in Hawaii Kai, on the east end of the island of Oahu, is the tremendous diversity of housing available.  The high and low sales in September highlight these choices better than any words I could use.
The price of the highest monthly sale has been steadily rising, and 8 homes sold over $1,000,000 in September, compared to four a year ago.  The highest was an oceanfront estate in Koko Kai, the most prestigious and routinely expensive neighborhood in Hawaii Kai.
       
I didn't represent the sellers or buyers of this home, but just … (1 comments)

hawaii kai market reports: Honolulu, HI - August Real Estate Sales for Oahu and Hawaii Kai - 09/11/10 11:55 AM
According to data released by the Honolulu Board of Realtors for the Oahu real estate market, there are signs that the pendulum is beginning to swing back in favor of sellers.  Rising prices, a shrinking inventory of unsold homes, and sellers receiving multiple offers in some areas of the island all point to a recovery in the market this year. In addition, an increase in "pending sales" -- where a buyer has accepted a contract but the sale has not yet closed -- is a positive sign.  The number of pending sales rose 45% in August over numbers in 2009.
The … (1 comments)

hawaii kai market reports: Hawaii Kai Home Sales in August, 2010 - 09/06/10 09:22 PM
Two distinctive and stunning properties sold in Hawaii Kai in August, both for $2,700,000.  Visit my web site blog post for details on numbers and comparisons to last year.  What I want to emphasize here is that good prices are still available - but - prices are rising.
Four homes have sold this year over $2,500,000, three in Koko Kai - arguably the most prestigious address in Hawaii Kai with the best views, but not oceanfront - and a waterfront home in Portlock.
The Portlock home, built in 1944, was small by standards used now for oceanfront properties, 1,546 SF, but … (0 comments)

hawaii kai market reports: Real Estate Statistics - Hawaii Kai and Oahu - 08/10/10 09:27 PM
Oahu Single Family Sales stayed flat for the month and over the last 2 years. Number of sales for July this year was 268, last year 266, 2008 - 268. Year-to-date, the sales were higher than both of the last 2 years. Number of sales for the year was 1,747, for last year 1,377, and in 2008 - 1,670. Median Sales Price also stayed almost flat for the last 3 years for July. Median price in July this year was $605,000, in 2009 $595,000, and in 2008 $620,000. Year-to-date, median sales price is up from 2009, but not yet back to the levels … (0 comments)

hawaii kai market reports: Honolulu, HI - Real Estate Market in June, 2010 for Oahu and Hawaii Kai - 07/08/10 09:20 PM
Oahu
The sales figures for June show steady growth year-to-year since 2008, which is very encouraging. 
Single Family sales have increased from 231 in June, 2008, to 263 in June, 2009, to 285 in June, 2010.  The number of condo sales, while taking a dip in 2009, rose substantially this year.  There were 357 condo sales in June, 2008, 287 in 2009, and 396 in June, 2010.
Year-to-date, both single family and condo sales dipped last year, but showed healthy gains over 2009.  Single family sales through the 1st six months of 2009 were 1,110, and 1,471 in 2010 - an … (1 comments)

hawaii kai market reports: Hawaii Kai and Oahu Real Estate Statistics for May, 2010 - 06/08/10 06:31 PM
May, 2010 showed a positive trend in real estate for both Hawaii Kai and East Oahu. Single family homes, Hawaii Kai Closed sales - 15, up from 13 last year Median sales price - $885,000, up from $750,000 last year Average sales price - $1,583,233, up from $845,123 last year % of original list price received at sale - 93.4%, up from 89.2% last year Median days on market - 27, down from 113 last year Inventory of homes for sale at month end - 84, down from 133 last year Condos, Hawaii Kai Closed sales - 18, up from 13 … (1 comments)

hawaii kai market reports: April 2010 Real Estate Statistics for Hawaii Kai and Honolulu - 05/07/10 06:10 PM
A new company is doing our Oahu real estate statistics, and they have easy-to-read graphs which were not part of our old format.  If you would like a copy of Monthly Indicators, or Housing Supply Outlook, or Local Market Updates, just let me know and I will send you the links.  Unfortunately, I'm unable to reproduce the graphs here.
Highlights from the Monthly Indicators Report for Oahu:Closed Sales for April Single Family2010 - 2862009 - 1872008 - 260Year-to-date numbers are up 42.1%Condos2010 - 3902009 - 2632008 - 407Year-to-date numbers are up 49.6%
Median Sales Price for AprilSingle Family2010 - $563,0002009 - $600,0002008 - … (0 comments)

hawaii kai market reports: Real Estate Market Statistics for Hawaii Kai, March 2010 - 04/11/10 02:35 PM
The Honolulu Board of Realtors is publishing new statistical data now for neighborhoods on Oahu, organized by TMK.  For Hawaii Kai, this is 1-3-9.  The new format comes with graphs, with single family homes and condos on the same page.  Shown are Year-to-Date (YTD) New Listings, Closed Sales, Median Sales Price, % of Original List Price Received, Days on Market, and Inventory.  If you would like a copy of the sheet, just let me know.  They have also published a Housing Outlook, Monthly Indicators, and Sales Data since 1985.  This new presentation is certainly easy to read, compared to the many pages of the … (1 comments)

hawaii kai market reports: Hawaii Kai and Oahu Real Estate Market Activity - February, 2010 - 03/03/10 08:52 PM
The real estate market on Oahu continued with a healthy gain in February, with prices up in the past 2 months, compared to 2009.  The median price for previously owned single-family homes was up 3.6 percent to $570,000 in February from $550,000 a year earlier, according to sales data from the Honolulu Board of Realtors.  The increase followed a 10.8 percent rise in January. For the two months combined, the median price is up 7.3 percent.
The median sale price for condominiums also was up, but only by 0.3 percent to $298,000, from $297,000 in the same period.
Sales volume was … (0 comments)

hawaii kai market reports: Hawaii Kai and Honolulu Foreclosure Rates - 01/30/10 12:08 PM
For 2009, Honolulu had fewer foreclosures per household than the national average, but the trend is not good.  During the last 12 months, the city's foreclosures increased at more than 6 times the national average, and is expected to get worse. 
Last year, 3,985 properties, or one in every 84 Honolulu households, was in foreclosure, according to a report released today by RealtyTrac, an online foreclosure market. The activity represented a 142 percent increase from 2008 and a 672 percent rise from 2007.  Nationally, 1 in every 45 households experienced foreclosure, an increase of 21% over 2008 and 120% over 2007.  Honolulu … (0 comments)

hawaii kai market reports: Hawaii Kai Real Estate Market Review for 2009 - 01/04/10 07:40 PM
2009 was a very positive year for the Hawaii Kai home market.  Not only did December show increased sales over last year, both in single family homes and condos, but the year-end totals were also above those in 2008.
Single Family Homes
18 homes sold in Hawaii Kai in December, compared to 13 last year.  Median sales price was $784,500, vs. $885,000 in 2008.
For the year, 182 homes sold, compared to 161 last year.  Median sales price was $795,000 vs. $850,000 in 2008.
A very encouraging sign for the market is that Inventory has decreased to 64 active listings, down … (1 comments)

hawaii kai market reports: Hawaii Kai 1st Quarter 2009 Market Statistics - 04/18/09 12:29 PM
32 single family homes sold in Hawaii Kai during the first quarter, ranging in price from $500,000 - for a 3 BR/2 BA home in Kalama Valley - to $8,250,000 - for a 4 BR/6 BA (2 half baths) home in Koko Kai.
This compares to 45 sales in the 1st quarter of 2008, with a price range of $551,000 to $6,400,000.
In the condo market, 39 homes sold in the 1st quarter, from $300,000 for a 1/1 in Naniwa Gardens to $655,000 for a 3/2.5 in Moana Kai.
This compares to 52 sales a year ago 1st quarter, with prices … (0 comments)

hawaii kai market reports: Hawaii Kai Market Activity January 2009 - 02/04/09 08:21 PM
I always want to show off the gorgeous properties that sell in Hawaii Kai.  Imagining folks reading this with snow up to the window sill in Illinois or ice on the wires in Kentucky, these places must look like true Paradise (and we think they are).
Here's the highest sale in January:  $1,000,000 even, in the Triangle Neighborhood (request a neighborhood report from my web page), a 3 bedroom/2 bath home on more than .25 acres, built in 1966 and remodeled in 2008, with an open lanai and 1,696 sq ft inside.

Here's the highest sale of a condo in … (0 comments)

hawaii kai market reports: Hawaii Kai Real Estate Condo Sales Data for July, 2008 - 08/07/08 03:13 PM
The Hawaii Kai condo market had 16 sales in July, 2008, ranging from $380,000 for a one bedroom unit in the Esplanade, to $805,000 for a four bedroom home in Kuapa Isle.Average Days on Market for the month was 62, average price $517,000.  Complexes with sold units included the Commodore, Esplanade, Kaimala Marina, Kalele Kai, Koko Isle, Kuapa Isle, Lalea, Marina Palms, Mariners Village 3, Mawaena Kai, Moorings, Naniwa Gardens, and Plaza Hawaii Kai.These figures compare with June statistics of 13 sales, average Days on Market of 49, and average sales price of $625,000.  The small numbers make fluctuations look large, … (0 comments)