East Honolulu Update - Spring 2022

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EAST HONOLULU

UPDATE WINTER ISSUE 2022 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

HOME PRICES IN EAST HONOLULU REACH $1.5 MILLION! Following a nationwide and statewide trend, home prices in East Honolulu continued to increase in 2021, up 15% from 2020 to a median sales price of $1,500,000! These homes are selling very quickly (oftentimes after just one open house and over asking price) with a median days on market of 11 days. Niu Valley topped all neighborhoods in East Honolulu, with a median price of $1,775,250 – UP 34% from 2020! Very limited inventory and the threat of rising interest rates definitely are contributing factors to this red hot SELLER’S MARKET. In addition, the option to work from home has allowed many to move out of the city or even relocate from out of state increasing demand in popular suburbs.

East Honolulu Home Prices

Median Price of SFH in East Honolulu 2020 vs 2021

ADVICE FROM YOUR TRUSTED

EAST HONOLULU

EXPERT: This Seller’s market will not last forever. I am in agreement with many experts who feel like 2022 will be the start of a plateau in home prices . This is an excellent time to plan for a downsize since you can maximize your sales price Whether you are considering selling or buying, contact your trusted East Honolulu Expert, Sean Takamori (808) 389-7326, and start planning today!

EAST HONOLULU*

(AINA HAINA THROUGH HAWAII KAI)

• $1,500,000 SFH Median Sales Price (UP 15%) • 11 Days on Market *Includes some neighborhoods that are not part of our featured neighborhoods

HAWAII KAI

• $1,475,000 SFH Median Sales Price • 9 Days on Market • $699,500 Condo Median Sales Price • 8 Days on Market

KULIOUOU

• $1,099,500 SFH Median Sales Price • 12 Days on Market

NIU VALLEY AINA HAINA

• 1,775,250 SFH Median Sale Price • 11 Days on Market

• $1,130,888 SFH Median Sales Price • 14 Days on Market

*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 Jan 2021. Map courtesy of Google.com


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