October 2019

Found 2 blog entries for October 2019.

Hawaii Luxury Home

It's time for our monthly breakdown of how the Hawaii Real Estate market is performing, with the understanding that in such a diverse State, micro-market conditions can differ significantly even within the same district.  Now let's take a look.

SINGLE FAMILY RESIDENCES

Maui - The month of September saw a significant increase in the Single Family market, with an increase of 47% from 80 sold in September last year to 118 this year, while the median sales price saw a very moderate decrease of 4.6% to $719,718. Year to date sales are relatively stable at 844, compared to 880 a year ago but it's important to note that current inventory is down 13% over a year ago - 441 vs. 507.

Oahu - July saw the record for Oahu single-family homes at $835K median sales…

Hawaii Luxury Home

Hawaii has always been a haven for the world's most affluent, with year-round picture perfect weather, some of the most acclaimed amenities anywhere, an inviting culture of Aloha, and a natural environment as diverse as its people - from top-rated beaches, to tropical mountains and everything in between. As such, it's no surprise that luminaries from technology, finance, business, entertainment and more call Hawaii their second home. 

Although the 2019 Hawaii luxury market ($10M+) is on a slow down, Hawaii offers among the most luxurious and unique properties anywhere. It is important to note that each island offers something incredibly different - from Oahu's urban oasis in the Pacific, to Kauai's quiet, undeveloped tropical heaven, to Big Island's stark…