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Market Conditions in Hilo : Real Estate Advice

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  • Local Info6
  • Home Buying8
  • Home Selling5
  • Market Conditions2

Activity 2
Fri Jun 8, 2012
JJ Jasinski answered:
Dear rkyn1221,
I believe the market in Hilo is gaining strength as it is in most of Hawaii. There is still a share of REOs (bank-owned) and short sale properties which tend to pull the values down a notch but over-all the market is inching upward. If you are trying to sell then it’s best to insure that your property shows well and is not in a fixer-upper condition. It would be best to engage a local Realtor to have them rate and judge what has to be done to put your place on the market for a quick sale. If your property is in decent condition, priced aggressively, the neighborhood is appealing, and the home doesn’t have seriously negative factors, it should sell at market value within 6 months. Buyers who are pre-qualified with their lender are scrambling to purchase the best properties and there is active competition amongst buyers for those prime homes.
As a Realtor who has lived and worked in the Hilo area for the last 10 years I can be of utmost help for buyers and sellers who are interviewing for their sole agent. I am born and raised in Hawaii (Honolulu), have attended Punahou and UH Manoa (degree in Biology with minor in Real-Estate Appraisal and Marketing), and I am positive, pro-active and forward thinking in my Real Estate activities. Please consider me if you are a Buyer or Seller who is looking for that intuitive Realtor to help you purchase or sell your Hawaii property. Please contact me: JJ Jasinski, Realtor at Clark Realty Corp. Hilo,
(808) 985-9030, or email:
Mahalo and Aloha! JJ
... more
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Sun Jun 22, 2008
Ardena Saarinen answered:
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! ... more
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Market Conditions in Hilo Zip Codes