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 from $350,000 for a 1/1 in Plaza Hawaii Kai to $868,000 for a 3.2.5 in Peninsula at Hawaii Kai.
Prices in Hawaii Kai have held this past year, but certainly the number of sales has decreased and inventory increaased. Because of our location and finite building opportunities, Hawaii Kai will always hold its value, but buyers now can find some excellent opportunities to invest.
Visit the Neighborhoods page on my web site to read about all the Hawaii Kai communities and request free reports, and visit the Condo page to learn about the wide variety also available in condo living.
Barbara Abe, Realtor
barbara@barbarashawaii.com
808-226-2537
www.movetohawaiikai.com
www.barbarashawaii.com
Comments(0)