This report covers areas including: Kalihi Area, Kalihi Valley, Kalihi Uka, Kalihi upper, Kalihi Kai, and Kalihi Lower, which is part of Honolulu, Hawaii.  These numbers reflect only the totals and average sale prices.

Single Family homes sales have softened. Average sales price of single family homes has slipped a little year to date.  The big issue is that sales volume has plummeted considerably.  With more than 9 months worth of inventory and low interest rates buyers will find the Kalihi area a good place to negotiable sellers and the home of their dreams.

Condo and townhouse sales are another story.  Year to date, the average sales price has stabilized while sales volume is down.  In September there were no condo sales in either 2008 or 2007.

Current Active for Sale (as of 10/3/08): 

  •   41 Single Family Homes
  •     7 Condos/ Townhouses

Currently in Escrow (as of 10/3/08): 

  •   10 Single Family Homes
  •     1 Condos/ Townhouses

For the Month of  September - Sold Resale Homes

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2008

2007

% Change

 

2008

2007

% Change

Kalihi

4

9

-55.56%

 

$563,250

$545,111

+3.33%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2008

2007

% Change

 

2008

2007

% Change

Kalihi

--

--

--

 

--

--

--

 

 

 

 

 

 

 

 

Year to Date Ending September 30th -  Sold Resale Homes

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2008

2007

% Change

 

2008

2007

% Change

Kalihi

37

76

-51.32%

 

$614,467

$641,953

-4.21%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2008

2007

% Change

 

2008

2007

% Change

Kalihi

13

17

-23.53%

 

$244,230

$241,147

+1.28%
                 

*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.

You can find out more about real estate in Hawaii at: www.HawaiiRandy.com

Or at: www.localism.com

 

 

--------------------------------------------------------------------------------------------------------

Randy L. Prothero, REALTOR®, Broker-in-Charge, ABR, AHWD, CRS, e-PRO, GRI, SFR

Keller Williams Realty

 

Randy Prothero is well established as an expert in working with military / VA clients and first time home buyers.  His home seller's (listing) campaign is one of the most aggressive marketing programs in the area.

Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) Performs mediations and ombudsman services for the Board of Realtors.  To improve overall professionalism in his area Randy also offers classes for real estate agents. 

 

www.HawaiiRandy.com *  Oahu (Honolulu County) Property Search  *  Hawaii Military Relocations

 

5 Comments on Kalihi Real Estate Sales Activity for September 2008

OCT
03
2008
970,267 Points 245 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Bout time you put our stats us here :) :)

Looks like things are picking up a bit too :)
1:06pm • #1
597,029 Points 106 Featured Posts Localism Sponsor Outside Blog Hit Router

Sally - Islandwide September was pretty rough.  I some of the areas it was still strong.
1:18pm • #2
Localism Sponsor

I'm getting more and more bottom feeder buyer inquiries. Are you seeing that on Oahu too from your mainland buyers?
4:09pm • #3
Localism Sponsor

Randy,

How do you make those nice tables? Do you save from Excel as HTML or???  Inquiring minds want to know.
4:10pm • #4
597,029 Points 106 Featured Posts Localism Sponsor Outside Blog Hit Router

Ronnie - I am not getting many mainland buyers in my business.  I do not work the tourist areas as much.

I create the tables in MS Word and then cut and paste them the entire post.  Once it is pasted, I clean it up a little.
9:03pm • #5

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Randy L. Prothero - Hawaii REALTOR® (808) 384-5645

Island Style Realty Inc. - "The Prothero Group"

Mililani, HI

More about me…

Island Style Realty Inc.

Address: 94-539 Puahi St., #B, Waipahu, HI, 96797

Office Phone: (808) 671-2225

Cell Phone: (808) 384-5645

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