I have a beautiful four bedroom home, one acre lot, landscaped, rock wall and american fence enclosed around

Sue Hahn
Both Buyer and Seller
Keaau, HI

the whole property. Is it a good time to sell in Hawaii? The Big Island ? Thanks!
Sue

Answers (2)
Ardena MJ Pagan
Agent
96720

Aloha Sue,

I am a local Real Estate agent here on the Big Island, I specialize in Real Estate Sales for Hilo and Puna, and currently live in Orchidland myself. I am assuming that you property is located in HPP as that is the common subdivision for 1 Acre lots. There have been 58 home sales since Janurary 2008 in HPP. The Average Sales price in HPP is currently $292,170. There are currently 181 homes for sale in HPP and 50 of them are 4+ bedrooms with the average listing price of $358,000. We currently have enough inventory just in HPP to last a year and a half. If you need to sell it must be priced ultra-competitively to move it. If you don't need to sell, I would recommend waiting until the market trends back up in the next 3-5 years. Please visit my website for more infomation or email me and I can send you a graph showing the market trends in the past 10 years for Puna. Mahalo Nui Loa!

Sun Jun 22 2008, 15:46
Mike Gallagher
Agent
Hawaii
FIRST ANSWER

Aloha:
My name is Mike Gallagher and I am Broker in Charge at RE/MAX Honolulu.
Demand on Oahu is down -36% from a year ago and inventory is up +12%.

It's not a great time sell, but if you have to then you must do it before Sept.

Please visit my website to learn more at http://www.hawaiirealestatestatistics.com

Email me if you have any questions.

I wish you much Aloha,
Mike Gallagher
Broker in Charge
RE/MAX Honolulu

Wed Jun 11 2008, 18:23

Didn’t find what you were looking for? Ask a question!

Search Advice

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 4
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback