sales stats: Best Places to Buy or Sell Oahu Real Estate in March - 04/26/13 05:35 PM
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.

Hawaii Kai was hot for buyers in March. This Koko Villas one (MLS# 1206065) is looking good…
Today, … (1 comments)

sales stats: Oahu Condo Sales were Strong in March - 04/26/13 05:32 PM
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 much.
Looking closer at the data, it appears the reason for the huge increase was Holomua (a new construction project) closed out last month. When you take out the Holomua closings and only consider resales, our sales were still up 21.6% and the median price would have been up 9.1% to $340,000, which are still strong gains when comparing to March … (0 comments)

sales stats: Halloween wasn't Enough to Scare Away Home Buyers in Honolulu - 11/21/12 03:42 AM
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 condo sales up 32.4% from last year!

Halloween in Honolulu this year felt like summer in more ways that one
Oahu Shows Strong Signs of Seller’s Market The real estate sales and weather we experienced last month felt as if summer never ended. In addition to strong buyer traffic, we had some of the hottest days of … (0 comments)

sales stats: July's Home and Condo Prices were Cranking on Oahu - 08/22/12 11:35 AM
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 moving briskly as the median days on market to sale is now down to just 25 days. There was also less homes coming on market, with just 364. That is down over 15% or 431 new listings in June.
In any appreciating market, you typically see a lag in condo sales and prices compared to homes. Last month, … (1 comments)

sales stats: Kahala Home Sales on Oahu Mid-Year Report - 07/01/12 08:55 AM
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 last few years, sales have been moving briskly in Kahala for the first half of this year.

Year to date, there have been 20 home sales in Kahala with an average sales price of $2,166,574. Those sales ranged between $1,100,000 for a fixer upper on Kealaolu Ave. to $4,800,000 for a double lot sale on Aukai Ave. … (0 comments)

sales stats: Diamond Head Inventory Down Roughly 30% - 06/12/12 03:15 AM
I've been tracking the Diamond Head single family home market extensively over the past 7 years. We've typically been averaging 30-33 homes on the market. Today, there are only 23 active listings.  There were some points during those years when there were no listings under $2 million. Today, there are 3.

Right now, there is only home in escrow. Over the past 6 months, there have been 9 sales with an average sales price of $2,570,082. The highest sale was a $5 million home on Papu Circle. Of the homes that sold, they fetched 95% of asking price and took … (2 comments)

sales stats: Oahu Median Sale Price was $600k in April of 2012 - 05/26/12 06:01 PM
In April, the median sales price for a home on Oahu was $600,000, which was up 2.6% from the same month in 2011. Meanwhile, sales dipped 5.2% with 217 closed sales on Oahu.
The Oahu Condo Market Follows a Similar Trend The condo market followed a similar trend, with prices slightly up and sales slightly down. The median sales price was up 4.6% to $319,000 while sales were down 9.5% with 343 sales on Oahu. It appears we’re following a similar “seller’s market” trend as March as days on market dipped to 33 days for condos and just 30 days for single family … (0 comments)

sales stats: Aina Haina Market Update - 05/24/12 04:29 PM
In the past year, there's been 25 sales in Aina Haina (roughly 2 per month) with an average sales price of $902,625. Today, there are 6 available listings with another 5 in escrow. The homes that sold took an average of 42 days to sell while those available today are averaging 45 days on market. Feel free to visit my Aina Haina Real Estate Page for more info. on Aina Haina and the latest available listings for sale.
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David Buck, Realtor-Broker (Harcourts Island Properties) Rainmaker large

David Buck

Realtor-Broker

Honolulu, HI

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Harcourts Island Properties

Address: 3465 Waialae Ave., Suite 230, Honolulu, HI, 96816

Office: (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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