Market Conditions in 96825>Question Details

Barbara, Other/Just Looking in 96825

average days on market in Hawaii Kai

Asked by Barbara, 96825 Tue Aug 14, 2007

Hawaii Kai only, on Oahu in Hawaii

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Assuming zip code 96825 in Hawaii Kai, as of August 17 --- So far, for 2007 the average days on the market (DOM) for single-family (SF) homes (w/ 99 units sold) in the under $1M list price (LP) range was 64 days, the median for SF homes was 48 DOM. The average LP for these homes was $794K and the median LP was $790K.
For SF homes between $1M-$2M, the average DOM (w/ 42 homes sold so far) is 80 days & the median DOM for these homes is 71. The average LP of these homes is $1.313M and the median LP is $1.229M. If you would like more specific information,in a narrower price band, please let me know. Yvonne Jaramillo Ahearn 808-721-8088 yvonne@worrall.com
Web Reference: http://www.yvonneahearn.com
1 vote Thank Flag Link Sat Aug 18, 2007
August numbers were published last week. Hawaii Kai condos sales rose about 9% but prices dropped about 8% since June. If you want data about single-family homes you can download the free report on our website. Contact your agent to dig deeper into the numbers. Neighborhood trends within Hawaii Kai will differ.
0 votes Thank Flag Link Mon Sep 17, 2007
50 dom for single family 2nd quarter 2007
52 condo
0 votes Thank Flag Link Sat Aug 18, 2007
You might want to get the days on market for each neighborhood within Hawaii Kai, since there is a range of inventory in the area. Our research department tracks statistics at the Neighborhood level. We can send you data for specific neighborhoods if that would be useful to you. Feel free to contact me at andrew.roth@pruhawaii.com
0 votes Thank Flag Link Wed Aug 15, 2007
The average amount of time that a property stayed on the market in Hawaii Kai in June of '07 was 79 days. This is down from March of '07 where the average amount of time was 101 days.

If you are thinking of listing your property, be sure to choose a Realtor that is very familiar with the area and knows your market. Even in a slow market, if a property is priced appropriately, it will still generate interest from buyers, hopefully, decreasing the number of days on the market.

I am a Realtor in the bay area in California, but I would be happy to recommend a qualified knowledgeable Realtor for you in your area.

Best of luck,

Mary Burns
Alain Pinel Realtors
Oakland, CA
mburns@apr.com
0 votes Thank Flag Link Tue Aug 14, 2007
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