kauai: Hawaii "Big Island" Home Sales
- 01/13/08 05:57 PM
Just by way of comparison with the earlier report on the home market on Kauai, Sales on the Big Island of Hawaii show a very different trend. Sales of single-family homes there fell 20 percent and prices are off 6 percent. Condos show a similar trend with sales off 31 percent while median prices are off about 8 percent. Clearly, each Island has its own market. We are still having great business here on Oahu, but even still the number of homes, both single family homes and condos are off pretty substantially but prices are holding reasonably firm. Our agents are staying … (2 comments)
kauai: Kauai Real Estate Market
- 01/13/08 05:42 PM
Some pretty interesting stuff going on in the real estate market here in Hawaii. There are some indications that off island money is starting to come into the market in increasing amounts as evidenced by some recent advances in prices. Kauai is noteworthy in this regard as condo prices there are up 40 percent last year, even if the number of sales is off substantially. Single Family Home Prices there are holding firm with prices off a paltry 4%. On Oahu, our Property Managers are getting a lot of units from would be sellers who are simply not willing to reduce their prices … (2 comments)
kauai: Hawaii Hotel Room Occupancy Drops
- 12/31/07 01:16 PM
Our hotel room occupancy in December was approximately 9 per-cent lower than in December 06. As of last week our occupancy was just over 60 per-cent. This is not good. Kauai increased their occupancy rate to 56.6%, just behind Oahu and Maui dropped 8.7% to come in just a little higher than Oahu at 64.4%. On the Big Island of Hawaii, they were down to 50.2%. With our visitor load dropping, are we going to see the home market tighten up? Of course, prices were up everywhere except Maui where they dropped to $296 per night. On the mainland where tourism doesn't play … (2 comments)
This is a company BLOG for RE/MAX Kai Lani of Kailua, Oahu, Hawaii. The BLOG is designed to provide information on the Real Estate Market and Home Rental Market in Hawaii. We have a fantastic Web page at www.remaxkailani.com. Check out our Links! There is something for everyone.
Just by way of comparison with the earlier report on the home market on Kauai, Sales on the Big Island of Hawaii show a very different trend. Sales of single-family homes there fell 20 percent and prices are off 6 percent. Condos show a similar trend with sales off 31 percent while median prices are off about 8 percent. ;)
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