A little over a year ago, the Honolulu Board of Realtors started releasing their monthly stats in 2 parts. The first was the overall market reports and the second was the local market updates. The later wasn’t released until the 2nd half of the month, which is why my articles were hitting so late. I’ve decided to break them out in 2 parts as well going forward. A few weeks back I wrote about thestrength of the condo market here in March.

Koko Villas home in Hawaii Kai

Hawaii Kai was hot for buyers in March. This Koko Villas one (MLS# 1206065) is looking good…

Today, we’ll recap the strongest regions on Oahu for Buyers and Sellers. Going on the concept of “buying low and selling high,” I’ll highlight which areas were Hot, whether you were Buying or Selling.

Here’s a recap of March real estate trends on Oahu:

Neighborhoods “Hot” for Sellers

Neighborhoods “Hot” for Buyers

  • Home sales in Hawaii Kai were down 68%
  • Home prices on the North Shore were down 19%
  • Condo sales on the North Shore were down 80%**
  • Condo prices in Kaneohe were down 17%

* In Waialae-Kahala, there was only 1 sale in March of 2012, which really threw off the data.
** There was only 1 condo sale on the North Shore in March, which also threw off the data.

Please consider these are broad overviews for regions on Oahu. To find out what is happening in your neighborhood, contact one of our great Realtors on Oahu to see what is going on in your market, and if now is the time to buy or sell.

 

Oahu Condo Sales were Strong in March
04/27/2013
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Following the momentum of February’s strong condo sales March was another strong month. Sales were up an incredible 73. 1% and the median sales price up 11. 2% to $346, 700. I actually had to do a double check when I saw that sales were up that… more
North Shore Auction - Last Day to Register
03/22/2013
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Today is the last day to register for the North Shore Auction this coming Monday, March 25th. Learn more here about this fabulous once in a lifetime offering on the North Shore of Oahu. Hurry - before it's too late! more
Halloween wasn't Enough to Scare Away Home Buyers in Honolulu
11/21/2012
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October statistics provided to be another strong month for Sellers on Oahu The median home price was up 7. 9% to $625, 000 and the median condo price was up 6. 6%. What’s even more impressive is the sales volume with home sales up 26. 5% and… more
July's Home and Condo Prices were Cranking on Oahu
08/22/2012
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Single family home sales were up 5. 6% and prices were up 7. 4% as the median sales price is now $635, 000 on Oahu In addition, homes that sold got 98. 4% of asking price which is the highest we’ve seen in years. Well priced homes have been… more
Kahala Home Sales on Oahu Mid-Year Report
07/01/2012
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Over the past 30+ years, Kahala has been the spot for luxury real estate on Oahu. Much attention has been grabbed by the trophy oceanfront estate that have sold anywhere from $10-30 million. Although not many ocean sales have taken place over the… more
Koko Isle Town Homes in Hawaii Kai
06/27/2012
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If you consider Honolulu a "big city" and want to get away from it all and live on a smaller (man made) island, Koko Isle in Hawaii Kai may be the spot. You can access Koko Isle by a small bridge and the "island" sits on the marina in Hawaii Kai… more
Hoakalei Homes in Ewa Beach
06/27/2012
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Hoakalei is a new community built by Haseko in Ewa Beach. In this master-planned community, there were (and still are) lofty ambitions. There was originally going to be a man-made marina, similar to either Hawaii Kai or Ko Olina. However, last year… more
Ilikai Condos in Waikiki
06/27/2012
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The Ilikai Hotel (also known as Ilikai Apartment Building in MLS) is a mixed use building in Waikiki that has commercial and residential condos. It was made famous in the original intro of Hawaii Five-O. Original Hawaii Five-O Intro featuring… more
Trump Tower Waikiki Luxury Condos
06/26/2012
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It's been a few years since Trump Tower Waikiki has been built. When the project first went to market during the height of the last boom, they sold "like hotcakes". Due to several timing of completion and the turn in the market, many buyers couldn't… more
 
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David Buck

Honolulu, HI

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Hawaii Life Real Estate Brokers

Address: 4614 Kilauea Ave., Suite 206, Honolulu, HI, 96816

Office Phone: (808) 371-3509

Cell Phone: (808) 371-3509

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Hawaii Real Estate through David Buck, a Realtor in Honolulu, Hawaii. Insights to real estate market trends, housing, economy, statistics, and where the Honolulu or greater Oahu real estate market is headed.


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