View from the most expensive home on the market currently, in the Portlock area of Hawaii Kai, looking toward Maunalua Bay.
Boat slip at the most expensive Hawaii Kai condo currently on the market, the Kalele Kai complex, looking southwest to the ocean.
Here are the real estate sales statistics for Hawaii Kai for April, 2008 compared to last year:
Single Family Homes in Hawaii Kai
8 sales in April with a median price of $994,500
54 sales year-to-date with a median price of $917,500
19 sales in April with a median price of $859,000
68 sales year-to-date with a median price of $839,000
Conclusions: the number of home sales in Hawaii Kai has decreased dramatically, but prices are holding.
Condos in Hawaii Kai
19 sales in April with a median price of $523,000
71 sales year-to-date with a median price of $538,000
22 sales in April with a median price of $539,000
70 sales year-to-date with a median sales price of $542,500
Conclusions: not much change from last year in the condo market for April in Hawaii Kai.
For details on actives, sales, and escrows, broken down by price, visit my web page on the Hawaii Kai real estate market: http://www.movetohawaiikai.com/Hawaii_Kai_Market_News/page_1893904.html
The Honolulu Board of Realtors releases very comprehensive sales statistics for the entire island of Oahu monthly. Please contact me for a copy.
Barbara Abe, REALTOR