Barbara Abe, Your Hawaii Kai Realtor

A report on NewsGeni.us was not encouraging for the real estate industry.  While prices are up from last year, there is no clear trend toward a solid recover. Here are some excerpts from the article. "In the latest sign of renewed turbulence in the housing market, an industry group said Thursday that sales of existing homes fell 5.1% in ...

May, 2010 showed a positive trend in real estate for both Hawaii Kai and East Oahu. Single family homes, Hawaii Kai Closed sales - 15, up from 13 last year Median sales price - $885,000, up from $750,000 last year Average sales price - $1,583,233, up from $845,123 last year % of original list price received at sale - 93.4%, up from 89.2% ...

18 condos sold in Hawaii Kai in May, ranging in price from $361,000 for a 1 bedroom on the 6th floor of the Mauna Luan, to $735,000 for a 3 bedroom/2.5 bath waterfront home in Kuapa Isle. 16 single family homes sold in May, with a low of $530,000 for a 3 bedroom/1.5 bath home in Koko Head Terrace, to $7,800,000 for a stunning custom home in ...

The new company which is doing our Board of Realtors statistics now uses graphs in an easy-to-read format, and produces 3 reports: Monthly Indicators, Housing Supply Outlook, and Local Market Updates.  If you would like any of these, just contact me for the links.  Here are the April numbers for Hawaii Kai. Hawaii Kai Single Family ...

I'm asked the general question, "How's the market?" a lot, but interestingly, people don't really want a general answer.  They want to know how the real estate market is in Hawaii Kai, or Portlock, or the Commodore condo building.  So when asked, I try not to say, "It's slow" or "Prices are down ...

The Honolulu Board of Realtors is publishing new statistical data now for neighborhoods on Oahu, organized by TMK.  For Hawaii Kai, this is 1-3-9.  The new format comes with graphs, with single family homes and condos on the same page.  Shown are Year-to-Date (YTD) New Listings, Closed Sales, Median Sales Price, % of Original List ...

A federal report suggests O'ahu home prices may be in a rebound, joining other indicators that a housing market turnaround is strengthening. The Federal Housing Finance Agency yesterday reported that O'ahu single-family home values in the fourth quarter of last year declined 5.8% compared with the fourth quarter of 2008, smaller than the ...

2009 was the year of "wait and see, the market will probably go lower."  2010 is going to be the year of the Tiger, the time to "take advantage of the market." Here are 3 reasons you should consider calling me soon to discuss listing your Hawaii Kai home: 1.  Sell low and buy low:  all property values are ...

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 ...

East Oahu Single Family: In October, total sales decreased from last year, to 391 from 428.  Median sales price also decreased, to $832,000 from $899,500. Months of inventory remaining was 3.7 as of month-end, compared to 14.0 months last year. East Oahu Condos: In October, total sales decreased from last year, to 226 from 276.  ...