Below is a snapshot of the March 2018 Oahu real estate market compared to March 2017.
The number of single-family homes sales was 305. That which is pretty comparable with only a 1.3% decrease from the 309 homes sold last March. For the first quarter the change in homes sold was only a 0.4% decrease. Again we are seeing a uptick in the median price moving from $752,000 last March to $760,000 for March 2018. Year-to-date March price has increased 2.0% from $750,000 to $765,000. The median Days on Market was 14 days.
The number of sales for condos in March decreased slightly to 485 which is a 2.0% decrease compared to 495 last year. For the first quarter of 2018 the number of condos sold increased 0.7% to 1,244 from 1,235 the prior year. The median sales price increase was the big news, increasing 8.8% from $400,000 in March of 2017 to $435,000 in March of 2018. Over all the first quarter 2018 median condo prices increased 9.0% from $390,000 last year to $425,000 this year. Increase in the number of luxury condo sales in the Ala Moana/Kakaako area is listed as the primary cause of the increase. The average Days on Market was 16 days.
Check out these Oahu real estate for sale:
Oahu Single-Family Homes
Data Source: Honolulu Board of REALTORS®
Located on the northwestern coast, Honolua Bay is one of Maui surfing spots favorite for skillful surfers. Surfing Honolua Bay on a good day can be the best experience of your life. Keep in mind though that you’ll be surfing with hundreds of other wave lovers. So, be sure to know what you’re doing out there in the water—the locals will make a good day bad if you do something wrong.
Photo: Aussie Assault | Honolua Bay
Located only minutes from the hustle and bustle of Kailua-Kona town, this charming Queen Liliuokalani Village home with a guest house makes for a perfect retreat.
From tiki bars to ice cream shops to barbeque stops, here is the Top 10 list of most reviewed and rated restaurants in Princeville and Hanalei according to Yelp.*
1. Bar Acuda | Tapas Bar
Bar Acuda is Kauai’s coolest place to relax with friends, share tapas and sip some wine. Chef and owner Jim Moffat’s culinary sensibility originates from the people and food he experienced during years of travel to the Mediterranean regions of Europe – including Southern France, Italy, Spain, and Portugal.
A Howard Hughes brainchild, Ward Village is a 60-acre master planned coastal community right in the heart of Honolulu. The plan allows for up to 9.3 million square feet of mixed use development, and at completion, the community will include more than 4,000 residences and over one million square feet of new retail shopping. There are currently 5 Ward Village condos being offered.
Presenting below is a snapshot of September 2017 Maui real estate market compared to September 2016 data.
There were 112 new listings for single-family homes which is an increase of 8.7% in comparison to 103 in 2016. For condos, 139 new listings were reported—a 13.9% increase from 122 last year.
This Big Island ocean view condo gives one a closeness to the ocean that makes one feel like they are at the beach 24/7. So near to the blue Pacific that you can not only see the water, but hear the waves and smell the sea air. It is, by far, one of the best units in the complex because of its position.
The following is a snapshot of September 2017 Kauai real estate market compared to September 2016 data.
Residential number of sales took a dip at 44 – a 6.38% decrease measured from 47 in 2016. The median sales price for single-family homes, however, went up to $640,000. This is a 10.34% increase compared to $580,000 last year.
Below is a snapshot of September 2017 Oahu real estate market compared to September 2016 data.
The single-family homes number of sales was 374. That is a decent increase of 13.7% compared to 329 in 2016. There was a slight uptick in the median sales price at $760,000. A 1.3% gain matched to $750,000 last year. The average Days on Market was 14 days.
Designed after the accomplished Made in Hawaii Festival on Oahu, the annual Made in Maui County Festival was conceived by the Maui Mayor’s Office of Economic Development and the Maui Chamber of Commerce to spark the island’s economy by promoting sales and awareness of locally made products.