EAST HONOLULU
UPDATE SPRING ISSUE 2020 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
YOUR EAST HONOLULU EXPERT | SEAN TAKAMORI |
REALTOR-ASSOCIATE (RS-72402) 808.389.7326 • SEANTAKAMORI.COM
PRICES PLATEAU WITH A MORE BALANCED MARKET PREDICTED 2019 YEAR END MARKET REVIEW:
East Honolulu Home Prices
The real estate market in East Honolulu showed all the signs of a plateau in 2019, signaling that the typical peak of the market has been reached or has just passed. The overall median sales price for a single family home in East Honolulu remained the same as 2018 at $1,250,000. Some neighborhoods saw small decreases in price while others still saw modest gains. East Honolulu homes sold relatively quickly in 2019 with median days on the market of just 22 days. Overall, this is a very healthy and efficient market for both sellers and buyers with interest rates near three year lows. Many economists are predicting slight increases in median sales prices across Oahu for the next couple of years depending on a number of national and global factors.
Median Price of SFH in East Honolulu
ADVICE FROM YOUR TRUSTED EAST HONOLULU EXPERT:
If you are considering selling in the near future, my advice is sooner rather than later. It remains an excellent time to sell and buy, especially with the current interest rates. Do you have questions about your property, are you a first time homebuyer or are you looking to expand your portfolio? Call your trusted East Honolulu Expert, Sean Takamori at 389-7326 to start planning for your future now!
EAST HONOLULU*
(AINA HAINA THROUGH HAWAII KAI)
• $1,250,000 SFH Median Sales Price • 22 Days on Market
*Includes some neighborhoods that are not part of our featured neighborhoods
HAWAII KAI
• $1,090,000 SFH Median Sales Price • 28 Days on Market • $686,000 Condo Median Sales Price • 34 Days on Market
KULIOUOU
• $902,500 SFH Median Sales Price • 12 Days on Market
AINA HAINA
• $1,000,000 SFH Median Sales Price • 15 Days on Market
NIU VALLEY
• $1,150,000 SFH Median Sales Price • 20 Days on Market
*Data taken from Honolulu Board of Realtors Feb 2020. Local Market Update & Matrix.HiCentral.com as of Feb 2020. Map courtesy of Google.com
