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Hawaii Kai Real Estate Market Activity

By
Real Estate Agent with East Oahu Realty

aerial of Hawaii KaiReal Estate Sales continue strong in Hawaii Kai

Since the first of the year, more properties have gone into escrow than in December, and prices are holding firm.  This reflects both the renewed interest after the holiday season, and the strong real estate market typical of Hawaii Kai, in East Oahu.

 

Here are the stats for the first 2 weeks of February, single family:

Total active listings - 115 from $598,000 - $15,000,000
15 under $799,999
17 from $800,000 - $999,999
17 from $1,000,000 - $1,199,999
42 from $1,200,000 - $1,999,999
24 over $2,000,000

Total under contract - 31 from $599,999 - $6,795,000
12 under $799,999
6 from $800,000 - $999,999
3 from $1,000,000 - $1,199,999
8 from $1,200,000 - $1,999,999
2 over $2,000,000

Total sales in the last 6 months - 93 from $551,000 - $15,900,000
29 under $799,999
30 from $800,000 - $999,999
12 from $1,000,000 - $1,199,999
16 from $1,200,000 - $1,999,999
6 over $2,000,000

Here are the stats for the first 2 weeks of February, condos:

Total active listings - 87 from $419,000 - $1,060,000
Total under contract - 24 from $392,000 - $740,000
Total sales in the last 6 months - 103 from $320,000 - $1,400,000

For details on the real estate market in East Oahu, contact Barbara Abe, Realtor, East Oahu Realty:
barbara@barbarashawaii.comwww.movetohawaiikai.com,  808-226-2537

 

Comments(2)

Kirk Williams
Private Venture Capital - Everett, WA
Two of my clients purchased over there and at very good values. Interesting market you have there right now!
Feb 15, 2008 01:57 AM
Randy L. Prothero
eXp Realty - Hollister, MO
Missouri REALTOR, (808) 384-5645
In Hawaii Kai you are still running over 6 months worth of inventory.  I have been tracking other parts of the island and have seen areas as low as 2-3 months inventory and as high as 15-20 months.
Feb 17, 2008 03:17 AM