Hawaii Real Estate Market - a spike or are we are on our way to recovery?

With less than a week left in the month, Kona is still tracking just one shy of last years home sales. I think that is pretty good - considering that we were off by <65%> in January. I pulled out my crystal ball and cleaned it up a bit - and it told me that we would match last years sales, if not beat it by one.

Is this a trend? or just a spike ?

Well - last months sales were dead even  with May 2008 numbers, so I would say that we may be recovering? I think a lot of it has to do with the prices - we now have 16 homes listed as active for under $300,000 !!!

Here is a list of those  homes

Copyright 6/24/2009 by Hawaii Information Service

 

Search criteria: TMK Taxkey 3-7. MLS Status Active. MLS Form Residential. MLS Price to 300,000

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MLS DATA
	MLS #	Tp	St	DOM	Taxkey	Tnr	Price	Location	Land area	Details
	214948	RS	A	306	3-7-6-19-76	FS	$199,000	76-6176 Plumeria Rd	9,878 sqft	1,450 4/1.5
	223205	RS	A	72	3-7-4-13-80	FS	$224,900	74-5168 Puuolokaa Pl	5,130 sqft	1,034 3/2
	219617	RS	A	169	3-7-4-11-6	FS	$249,000	74-5140 Palihiolo Pl	3,506 sqft	1,380 4/1.5
	224955	RS	A	12	3-7-6-19-62	FS	$249,999	76-6187 Plumeria Rd	8,760 sqft	1,048 2/2
	214105	RS	A	324	3-7-3-14-35	FS	$250,000	73-4214 Kiekie St	7,518 sqft	864 3/1
	224476	RC	A	15	3-7-6-25-40-1	FS	$251,900	76-403 Kanaka St #40A	5,000 sqft	810 2/2
	220379	RS	A	143	3-7-4-18-100	FS	$275,500	74-5023 Kealakaa St	7,539 sqft	1,964 4/3
	225027	RC	A	8	3-7-6-25-6-2	FS	$276,900	76-302 Kealoha St #6B	5,063 sqft	861 2/2
	225176	RS	A	4	3-7-5-26-31	FS	$279,900	75-5780 Kalala Pl	7,926 sqft	1,980 3/2
	219963	RS	A	71	3-7-4-16-21	FS	$285,000	74-5040 Palani Rd	7,500 sqft	1,356 2/2
	224460	RS	A	23	3-7-4-13-99	FS	$289,000	74-5204 Kauwela Pl	5,094 sqft	836 2/1
	222698	RS	A	76	3-7-8-4-21	LH	$295,000	78-6949 Mamalahoa Hwy	30,056 sqft	1,352 3/2
	218747	RS	A	202	3-7-7-15-46	FS	$299,000	77-6456 Sea View Cir	8,533 sqft	1,208 3/2
	221465	RS	A	117	3-7-7-16-25	FS	$299,000	77-6542 Sea View Cir	9,295 sqft	924 3/1
	225028	RS	A	8	3-7-3-45-51	FS	$299,900	73-1097 Oluolu St	9,305 sqft	1,607 3/2
	215410	RC	A	289	3-7-6-25-37-1	FS	$300,000	76-398 Kanaka St #37A	5,115 sqft	810 2/2

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

 

Aloha, and have a great day

 

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

Aloha Kona Realty Inc.

78-6740 Alii Drive