EAST HONOLULU
UPDATE WINTER ISSUE 2021 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 • TEAMTAKAMORI.COM
SCORCHING HOT SELLER’S MARKET IN EAST HONOLULU! IS THIS THE PEAK OF THE MARKET?
The real estate market remains red hot in East Honolulu, particularly for Single Family Homes (SFH). Due to the pandemic, many buyers are eager to take advantage of extremely low interest rates to increase their living spaces. SFH prices in East Honolulu (Aina Haina through Hawaii Kai) are UP 18% with a median sales price of $1,300,000! The median price for a SFH in Hawaii Kai is $1,265,000, UP 16%! With extremely low inventory many of these homes are receiving MULTIPLE OFFERS and selling in less than a week!
East Honolulu Home Prices
Median Price of SFH in East Honolulu 2019 vs 2020
ADVICE FROM YOUR TRUSTED EAST HONOLULU EXPERT: Many experts are calling this the peak of the market, as interest rates are expected to rise and inventory expected to increase through 2021. If you are thinking about selling in the near future, you should consider selling now while the MARKET IS HOT! Whether you are considering selling or buying, contact your trusted East Honolulu Expert, Sean Takamori (389-7326), and start planning today!
EAST HONOLULU*
(AINA HAINA THROUGH HAWAII KAI)
• $1,300,000 SFH Median Sales Price (UP 18%) • 29 Days on Market *Includes some neighborhoods that are not part of our featured neighborhoods
HAWAII KAI
• $1,265,000 SFH Median Sales Price • 27 Days on Market • $680,000 Condo Median Sales Price • 30 Days on Market
KULIOUOU
• $968,650 SFH Median Sales Price • 19 Days on Market
NIU VALLEY AINA HAINA
• 1,187,000 SFH Median Sale Price • 16 Days on Market
• $1,175,000 SFH Median Sales Price • 31 Days on Market
*Data taken from Honolulu Board of Realtors Dec 2020 Local Market Update & Matrix.HiCentral.com as of Dec 2020. Map courtesy of Google.com