HOUSING MARKET IN A STATE OF TRANSITION IN 2023
The first half of 2023 has shown a transitioning real estate market in East Honolulu. The total number of sales are down and the median price of a single family home is down slightly to $1,600,000. Higher interest rates have been the main factor for the slight decline. However, extremely low inventory (Hawaii Kai active listings down 20% and Aina Haina through Kuliouou listings down 8%) and calming of the interest rates are pointing towards a quick rebound of the market conditions.
ADVICE FROM YOUR TRUSTED
East Honolulu Home Prices
Median Price of SFH in East Honolulu 2022 vs 2023
Team Takamori is starting to see more multiple offer situations in East Honolulu. Our most recent listing received 10 offers – all over asking price! In this shifting market, it is now more important than ever to have a full service real estate team on your side. To find out how we can help you achieve your real estate goals with our aggressive marketing campaign and client-first approach, contact your trusted East Honolulu Expert, Sean Takamori (808-389-7326) and start planning for your future today!
SFH Median Sales Price
• 12 Days on Market
• $829,500 Condo Median Sales Price
• 24 Days on Market
YOUR EAST HONOLULU EXPERT | SEAN TAKAMORI | REALTOR-ASSOCIATE (RS-72402) 808.389.7326 • TEAMTAKAMORI.COM SUMMER ISSUE 2023 1 Market Update 2 Aina Haina-Kuliouou Property Map Active & Sold Listings 4 West Hawaii Kai Property Map Active & Sold Listings 6 East Hawaii Kai Property Map Active & Sold Listings 8 Community Savings EAST HONOLULU UPDATE
*Includes some neighborhoods that are not part of our featured neighborhoods. **Data taken from Honolulu Board of Realtors Local Market Update & Matrix.HiCentral.com as of July 2023. Map courtesy of Google.com EAST HONOLULU* (AINA HAINA THROUGH HAWAII KAI) • $1,600,000 SFH Median Sales Price • 11 Days on Market *Includes some neighborhoods that are not part of our featured neighborhoods HAWAII KAI
$1,450,000
•
HAINA
$1,460,000 SFH Median Sales Price
16 Days on Market
AINA
•
•
NIU VALLEY • $1,489,500 SFH Median Sale Price • 13 Days on Market KULIOUOU • $1,600,000 SFH Median Sales Price • 9 Days on Market
EAST HONOLULU EXPERT:
NIU VALLEY AINA HAINA, NIU VALLEY & KULIOUOU PROPERTY MAP ACTIVE & SOLD LISTINGS Page 2 SOLD PROPERTIES: Property Address (Tenure) Sold Price (Closing) Beds/Full Baths Roofed Living Area / Land Area SOLD PROPERTIES WHERE SEAN REPRESENTED SELLERS/BUYERS: Property Address (Tenure) Sold Price (Closing) Beds/Full baths Roofed Living Area/Land Area ACTIVE PROPERTIES: Property Address (Tenure) List Price - Beds/Full Baths Roofed Living Area / Land Area ACTIVE PROPERTIES LISTED BY SEAN: Property Address (Tenure) List Price - Beds/Full Baths Roofed Living Area / Land Area AINA HAINA ON THIS MAP Sean Takamori HAS SOLD 8 HOMES SINCE 2009
COMPANY COMPANY SEAN TAKAMORI PROPERTIES Page 3 SOLD Mariners Valley 7212 Kuahono St. Represented SELLER SEAN TAKAMORI Realtor-Associate | RS-72402 (808) 389-7326 TeamTakamori.com SOLD Lalea at Hawai Kai 7088 Hawaii Kai Dr. # 72 Represented BUYER SOLD Koko Head Terrace 545 Kapaia St. Represented SELLER This map represents data compiled from public & private sources. Compiled from MLS as of July 2023. Every precaution was taken, yet errors may have occurred. Refer to current tax assessor maps for actual parcel location or dimensions. Better Homes and Gardens Real Estate Advantage Realty does not warrant, guarantee or make representations on the use of this data, or related materials in terms of completeness, accuracy, reliability or otherwise. If your property is listed with another real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. © 2023 Better Homes and Gardens Real Estate Advantage Realty. Better Homes and Gardens® is a registered trademark of Meredith Corporation licensed to Better Homes and Gardens Real Estate LLC. Equal Opportunity Company. Equal Housing Opportunity. An Independently Owned and Operated Franchise. KULIOUOU SOLD Mariners Valley 7157 Makahuena Pl. Represented SELLER JUST LISTED! Koko Head Terrace 909 Aipo St. Represents SELLER Beat Out Multiple Offers! Sold at Full Asking Price! Sold OVER Asking Price!
WEST HAWAII KAI PROPERTY MAP
ACTIVE & SOLD LISTINGS
This map represents data compiled from public & private sources. Compiled from MLS as of July 2023. Every precaution was taken, yet errors may have occurred. Refer to current tax assessor maps for actual parcel location or dimensions. Better Homes and Gardens Real Estate Advantage Realty does not warrant, guarantee or make representations on the use of this data, or related materials in terms of completeness, accuracy, reliability or otherwise. If your property is listed with another real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. © 2023
TeamTakamori.com
HAHAIONE
ANCHORAGE Page 4
MARINERS RIDGE
TAKAMORI
Better Homes and Gardens Real Estate Advantage Realty. Better Homes and Gardens® is a registered trademark of Meredith Corporation licensed to Better Homes and Gardens Real Estate LLC. Equal Opportunity Company. Equal Housing Opportunity. An Independently Owned and Operated Franchise. SEAN
Realtor-Associate | RS-72402
(808) 389-7326
MARINERS COVE Page 5 SOLD PROPERTIES: Property Address (Tenure) Sold Price (Closing) Beds/Full Baths Roofed Living Area / Land Area ACTIVE PROPERTIES: Property Address (Tenure) List Price - Beds/Full Baths Roofed Living Area / Land Area ACTIVE PROPERTIES LISTED BY SEAN: Property Address (Tenure) List Price - Beds/Full Baths Roofed Living Area / Land Area KAMILOIKI SOLD PROPERTIES WHERE SEAN REPRESENTED SELLERS/BUYERS: Property Address (Tenure) Sold price (Closing) Beds/Full baths Roofed Living Area/Land Area ON THIS MAP Sean Takamori HAS SOLD 70 HOMES SINCE 2009
KOKO HEAD TERRACE Page 6 EAST HAWAII KAI PROPERTY MAP ACTIVE & SOLD LISTINGS This map represents data compiled from public & private sources. Compiled from MLS as of July 2023. Every precaution was taken, yet errors may have occurred. Refer to current tax assessor maps for actual parcel location or dimensions. Better Homes and Gardens Real Estate Advantage Realty does not warrant, guarantee or make representations on the use of this data, or related materials in terms of completeness, accuracy, reliability or otherwise. If your property is listed with another real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. © 2023 Better Homes and Gardens Real Estate Advantage Realty. Better Homes and Gardens® is a registered trademark of Meredith Corporation licensed to Better Homes and Gardens Real Estate LLC. Equal Opportunity Company. Equal Housing Opportunity. An Independently Owned and Operated Franchise. SEAN TAKAMORI Realtor-Associate | RS-72402 (808) 389-7326 TeamTakamori.com ON THIS MAP Sean Takamori HAS SOLD 42 HOMES SINCE 2009 FEATURED NEW LISTING! KOKO HEAD TERRACE 909 AIPO STREET • 3 bedrooms • 2 full bathrooms • Level corner lot • Updated kitchen • Large covered side patio • Split ACs throughout 909 Aipo St (FS) $1,199,000 - 3 / 2 1,032 sqft / 6,030 sqft
KALAMA VALLEY NAPALI HAWEO QUEENS GATE Page 7 SOLD PROPERTIES: Property Address (Tenure) Sold Price (Closing) Beds/Full Baths Roofed Living Area / Land Area ACTIVE PROPERTIES: Property Address (Tenure) List Price - Beds/Full Baths Roofed Living Area / Land Area ACTIVE PROPERTIES LISTED BY SEAN: Property Address (Tenure) List Price - Beds/Full Baths Roofed Living Area / Land Area SOLD PROPERTIES WHERE SEAN REPRESENTED SELLERS/BUYERS: Property Address (Tenure) Sold price (Closing) Beds/Full baths Roofed Living Area/Land Area
Page 8 SEAN TAKAMORI Realtor-Associate | RS-72402 Kahala Mall, Upper Level 4211 Waialae Ave, Box 9050 Honolulu, Hawaii 96816 (808) 389-7326 SeanT@BetterHawaii.com TeamTakamori.com @team_takamori The Takamori Ohana in Japan this summer. Sean, Nina, Colten (13), Hayden (10) & Chase (6) Team Takamori is proud to help support local businesses here in East Honolulu! • Over 115 transactions closed in East Honolulu Top 2% of all Oahu Real Estate Agents, 2022 • Top 3% of Better Homes and Gardens Real Estate Agents Nationwide, 2022 • 2018 Top Realtors in Hawaii & Most Transactions List (Hawaii Business Magazine) • Voted “Best In Real Estate”, 2013-2022 (Honolulu Magazine Readers) Better Homes and Gardens® Real Estate Award Winner, 2014-2022 • Aloha Aina Award Nominee, 2013-2016, 2018, 2019, 2020, 2021, 2022 MEET SEAN TAKAMORI YOUR EAST HONOLULU EXPERT TEAM TAKAMORI SEAN TAKAMORI LEAD AGENT, RA | RS-72402 MELISSA NAKAGAWA RA | RS-74822 HUE LE HONG RA | RS-76860 EMILY BOOCK RA | RS-82838 M O E N A S W E E T S 2 0 % O F F A N Y S I N G L E I T E M E X C L U D E S P I N T S O N E C O U P O N P E R T R A N S A C T I O N L O C A T E D A T T H E K O K O M A R I N A S H O P P I N G C E N T E R 8 0 8 3 7 6 8 7 8 7 H O U R S : 1 2 - 9 P M D A I L Y I C E C R E A M , G E L A T O , W A F F L E S A N D M O R E Catch your favorite team at Tex! Waterfront Dining Slow Smoked BBQ Taco Tuesdays Happy Hour Specials New MEnu! TEX808.COM $10 ofF Orders $50 or more Promo Code: SEAN-T Expires 9/30/2023 Not combinable with other discounts. Hawaii Kai only. CELEBRATING 4 YEARS IN KALAMA VALLEY! As a special East Honolulu MAHALO, please enjoy a beverage on us with your next Poke Bowl purchase! With ALOHA From, Ono Seafood & Da Poke Bowl Patrol *Free beverage with purchase of any regularly priced poke bowl or menu item over $10. One free12 oz canned drink or bottle of water per purchase. Must present coupon at time of pick-up. Expires 09/30/23. Kalama Village Center | 501 Kealahou St. #A53 | (808) 200-3772
