Local Market Update October 2021

The local market update shows 3 areas having a 50% price increase from last year. Windward Coast takes the top honors with a 70% increase. A few places have dropped in price. For all the details please see our stats page at https://www.oahure.com/OahuRealEstateStatsIntro.php

O‘ahu’s Housing Market Holds Steady Ahead of Holiday Season Lull.

Median prices of single-family homes stand at $1 million, condos at $500K.Closed sales rose year-over-year with single-family homes ticking up modestly 10.4% and condo properties surging higher to 27.3%.The median sales price for a single-family home fell slightly from the August 2021 record of $1,050,000 to $1,000,000, while the median condo price tied the August … Read more

Early Occupancy – Seller’s Point of View

We do not recommend early occupancy. It opens a can of worms and a lot of problems can come up. The closing is not guaranteed until all the money is in escrow, and escrow has reported everything to the City and County. This is normally 2 days prior to the actual closing date. So if … Read more

Oahu Home Pricing Shocks People On Facebook

Our recent post of a $775,000 Tear Down that was just listed went viral with over 14,400 Likes, Comments, and Shares. We received two very strong cash offers on it within 3 days. I think people could not take that a home in horrible condition would sell for that much. It would have been much … Read more