| |  | Hawaii Real Estate Results Matter! With over 25 years of experience representing home buyers & sellers, I am your proven asset in our ever-changing real estate market. | |
| Coldwell Banker Pacific Properties Vice President Society of Excellence 1314 S. King Street, 2nd Floor Honolulu, HI 96814 (808)593-6449 Office/(808)748-8170 Fax Email: BethChang@CallHawaiiHome.net
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| Current Hawaii Real Estate News
Pacific Business News - February 5, 2010: Kauai Sees Big Increase In Home Sales
Pacific Business News - February 5, 2010: Big Island Home Sales Rise Sharply
Pacific Business News - February 2, 2010: 2010 Oahu Home Sales Off To Fast Start
Pacific Business News - January 28, 2010: Honolulu Ranks Lower in Foreclosures
Pacific Business News - January 14, 2010: Hawaii had 9,000 Foreclosures in '09
Pacific Business News - January 12, 2010: Oahu Home-sellers Rarely Cutting Prices
Pacific Business News - January 8, 2010: Oahu's Housing Market Shows Sign of Strength
Pacific Business News - January 8, 2010: Maui Home Sales Have Strong December
Pacific Business News - January 5, 2010: Big Island Home Sales Rise, Prices Drop
Pacific Business News - January 5, 2010: Kauai Home Sales End 2009 on a High Note
Pacific Business News - January 4, 2010: Oahu Home, Condo Sales Soar as Prices Fall
Pacific Business News - December 7, 2009: Big Island Sees 6% Surge in Home Sales
Pacific Business News - December 7, 2009: Kauai Home Sales Soar as Prices Drop
Pacific Business News - December 3, 2009: November Maui Home, Condo Sales Up
Pacific Business News - December 2, 2009: Oahu Home, Condo Sales Hot
Aloha,
What a difference a year makes. The Oahu real estate market is riding high with increases in the number of sales for both single family homes and condominiums compared to this time last year.
Are you ready to ride this wave of activity?
If you are thinking of selling your home, I’m seeing that well priced homes, in all price ranges, are attracting a lot of attention. Many are drawing scores of people to their Open Houses, and some are receiving multiple full price and over-asking price offers. The number of homes on the market is still low, but may pick up as we approach the spring and summer key selling period.
If you’d like to move up to a larger home, jump into the market for the first time, or invest in real estate, there are many reasons why this may be your time to go for it. Interest rates remain quite low, and it’s not clear when they’ll rise again. Higher interest rates have a big impact on how much home you can afford, so waiting may reduce the number of homes in your price range. In addition, the Extended and Expanded Home Buyers Tax Credit could provide you with an extra dollar incentive, but you need to move pretty quickly. What’s more, right now many homes are priced to sell.
So, as you’re pondering whether to catch this wave or wait for the next one, give me a call or send me an email. You may be surprised to learn what is happening in your neighborhood or in your price range of interest. The information below is just a small sample of the information available to you. Become informed about today’s market so you’ll feel confident about your decision to “catch it”, or wait. Give me a call or send me an email for information tailored specifically to you. In the meantime, here is a highlight of real estate market statistics as of January 31, 2010.
Median Sales Prices as of January 31, 2010
For Oahu overall, there was a 32.8% increase in single family home sales in January 2010 compared to January 2009. Condominium sales were up 42.8%. The median sales price of single family homes increased 10.8% compared to a year ago: $597,500 versus $539,500 in January, 2009. For condominiums, prices fell 2.0% to $299,000. Oahu is comprised of many neighborhoods, each performing somewhat differently than the norm. For more information on your neighborhood, please contact me to get a more complete picture.
Median Number of Days on the Market as of January 31, 2010
The median number of days on the market in January was 43 for single family homes and 36 for condominiums. In January of 2009, this was 71 days for single family homes and 59 days for condominiums.
Inventory of Active Residential Listings as of January 31, 2010
Total inventory was only 1,202 for single family homes and 1,638 for condominiums. Homes available for sale are down over 35% compared to this time last year. There are some great homes on the market, but buyers are looking fore more selection.
Hawaii Real Estate SELLERS!
If you're planning to sell your home in the next few months, this FREE service is designed to help establish your home's current market value. Simply choose Market Analysis and fill out the requested information. I will use comparable sold listings to help you calculate the fair market value of your home.
BUYERS!
Automatically receive personalized MLS listings by e-mail. Early each morning I will search the local MLS and find the homes that match your criteria and notify you immediately with the latest listing information!! Simply choose Dream Home Finder and fill in the requested information. Or, search for yourself at Search MLS.
Specialization
I enjoy assisting in the sales and purchase of income property and single family homes within the areas of Honolulu, Kailua, Diamond Head, Kahala, Hawaii Loa Ridge, Hawaii Kai, and Portlock. I also specialize in oceanfront and beachfront property as well as new construction projects.
Personal
For the past 20 years, I have consistently been one of the company's top producers and have had the opportunity to service clients with properties ranging in price from $50,000 to $15,000,000. My clientele includes an extensive list of high-profile and influential individuals, most of whom are referrals from others who appreciate high-quality and reliable customer service. | |
2009 Coldwell Banker Real Estate Corporation. Coldwell Banker is a registered trademark licensed to Coldwell Banker Corporation. An Equal Opportunity Company. Equal Housing Opportunity. Owned and Operated By NRT LLC. All square footages are approximate. The information contained herein, while not guaranteed, has been obtained from sources believed to be reliable.
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