Tuesday, June 17, 2008

Hawaii Kai Sales Statistics May, 2008: Single Family Homes

The Honolulu Board of Realtors statistics for the 1st Quarter of 2008 show 46 sales in Hawaii Kai, with a median sales price of $865,300. This compares to 51 sales in the 4th quarter of 2007, with a median price of $919,000.

Median list prices were considerably higher: $1,269,700 for the first quarter of this year, and $1,314,200 for the 4th quarter.

In May, 2008, 18 homes sold in Hawaii Kai, with a price range from $630,000 to $2,100.000. Averages for sold homes were 2,076 square feet, 4 bedrooms/3 baths, 96% list:sales price, and 93 days on market.

Our 2008 sales year so far in Hawaii Kai has been very robust, with 71 sales. Averages were 2,305 sq ft, 4 bedrooms/3 baths/96% list:sale price, and 84 days on market. Prices ranged from $551,000 for a home in Kalama Vally to $6,400,000 for a home in Koko Kai.

I specialize in Hawaii Kai, have lived here, and helped buyers and sellers of real estate in Hawaii Kai for more than 20 years. Contact me for full market statistics.

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