The market in Hawaii Kai continues to be strong and the median home price on Oahu rose again in October to $655,000, although the median price for condos fell slightly to $322,500.
As of November 23, in the last six months, 116 single family homes sold in Hawaii Kai, from $590,000 to $15,900,000. Here is the breakdown by price:
36 under $799,999
39 between $800,000 - $999,999
13 between $1,000,000 - $1,199,999
23 between $1,200,000 - $1,999,999
5 over $2,000,000
Condo sales also kept pace with the good market. 138 condos sold in the last six months, ranging from a leasehold unit in Village Green at $300,000 to a 3 bedroom in Kalele Kai for $1,400,000.
If you aren't familiar with the beauty and amenities of Hawaii Kai, visit my web site at www.movetohawaiikai.com which will give you details of the neighborhoods and activities in one of the most beautiful areas of Oahu. As examples, here are photos of the 2 highest sales in the last 6 months, the home in Portlock and condominium in Kalele Kai:
Friday, November 23, 2007
Saturday, November 17, 2007
2888 Ala Ilima St #2307
Five Regents Building
Salt Lake Neighborhood
1 parking, long lease to 2078
Low mx fee $213
New paint, carpet, ceramic tile
Secure building with pool,
community laundry, tennis court
OPEN HOUSE SUNDAY 11/18
2 - 5 PM
Friday, November 9, 2007
The Honolulu Advertiser released the news Nov. 8 that the city has begun work on the Hawaii Kai Dog Park, at the corner of Keahole Street and Kalaniana'ole Highway. They are clearing the boundaries and will start putting up fence posts by mid-November.
The non-profit group Hui'ilio Hawai'i has been working on the project and raising funds for three years. They formed a private-public partnership with the city of Honolulu, which requires the city to clear the land, install irrigation and fencing. The non-profit will provide the fence material, benches, and some landscaping.
While the grass will take a few months to grow in strong enough to withstand all those pounding paws, dogs and Hawaii Kai residents alike hope for an opening in the Spring.
To contribute to the dog park through the non-profit, contact me by email, Barbara@BarbarasHawaii.com, or visit their web site. Until the park is a reality, I will donate 10% of all commissions to the group.
Barbara Abe, Realtor
East Oahu Realty
Friday, November 2, 2007
The market in Hawaii Kai, on the east end of Oahu, continues strong.
As of Nov. 2, 116 single family homes were available, 24 under contract, and 126 sold in the last six months. The sales range from $590,000 to $15,900,000. More homes are listed between $1,200,000-$1,999,999 than at other prices, 42 as of today, but numbers of sales in that range trailed the less expensive homes, those under $1,000,000.
For condos, there are 83 active listings, from $389,000 to $1,248,000, 23 under contract, and 150 sold in the last six months. The sales range from $300,000 to $1,400,000.
There is a wide variety of price ranges, but also of style, age, size, and location. Waterfront brings the highest price, water view next, and no view the least. But in Hawaii Kai, you are only 5 minutes from the water of Maunalua Bay or Sandy Beach in any neighborhood.
Here are some examples of the beautiful architecture found in Hawaii Kai:Contact me at email@example.com for more information about the Oahu real estate market, and especially Hawaii Kai, or visit http://www.movetohawaiikai.com/.