Hawaii Kai Real Estate Market Activity for December and 2009
Single Family Homes
18 homes sold in Hawaii Kai in December, compared to 13 last year. Median sales price was $784,500, vs. $885,000 in 2008.
For the year, 182 homes sold, compared to 161 last year. Median sales price was $795,000 vs. $850,000 in 2008.
New listing activity decreased to 16 in December vs. 18 last year, and median list price also decreased to $845,000 from $1,095,000 in 2008.
Inventory has decreased to 64 active listings, down from 137 last year.
Condos
20 condos closed in December, compared to 13 last year. Median sales price was $458,250 compared to $480,000 in 2008.
For the year, 186 condos sold vs. 195 last year. Median sales price was $493,500 vs. $539,000 in 2008.
New listing activity for condos has decreased, to 12 this December, down from 19 last year. Median list price has increased, to $644,000 from $599,000 in 2008.
Inventory for condos is down to 32 active listings, compared to 127 last year.
For a thorough analysis of any complex or neighborhood, just give me a call.
Barbara Abe, Realtor
808-226-2537
barbara@barbarashawaii.com