Bruce Hicks, CRS, Your Friend & Helper for a Lifetime! 808.955.1577

Aina Haina - Kuliouou Sales
The statistics accumulated below is for the price range from $500,000 to $900,000
3 to 5 bedroom homes on 5,000 or more square feet of land
with a roofed living area of 1500 to 2000 square feet

For Sales, 2011 has seen the lowest median prices as you can see from the bar graph above.
Some of this sluggishness can be attributed to
sellers listing their properties in the lower price range. The higher priced estates have not been selling,
which would bring up the median prices.
This is how it all breaks down shown below:

Call me to begin your search in Aina Haina Kulioulu today.
If you are a seller, call me now to plan you next move!

Own your condo in Waikiki and then you can walk to Eggs n Things at one of two locations. Where else in the world can you get a mouth watering breakfast and a water front view of the Pacific? Eggs n Things has just opened its SECOND location on the Diamond Head end of Waikiki.

For the average 3/2, with a land area of at least 5,000 square feet and a roofed living area of 1100 square feet the price range in Nanaka Gardens and Honokai Hale, currently runs from:

$262,244 (poor condition) - $341,272 (excellent condition)

DOM means Days on the market AV means average

This below graph shows the price differential with Makakilo, which is on the hillside above Nanakai.

2007

SEVEN Sales av 3/2.5 Land 5781, living area 1203 asking $473000 sold $420,000 DOM 98

2008

TWO Sales av 5/3 5,747 sf land, 1813 living asking $575,000 sold $522,000 190 DOM *(this one is skewed as one of the homes was a new house built in 2007)

2009

NINE Sales av 4/2 5728sf land, 1568 living asking $396,746 sold $381,500 68DOM

2010

ONE Sales 92-753 Paakai St 4 bdr 2 bath 6000 1760 asking $350,000 sold for $320,000

2011

FIVE Sales ($338,580) av 3/2.5 5504 sf land, 1230 living 100 DOM

2012

One in escrow 3/1.5 Land 6000 living 956 92-759 Paakai St asking $350,000, rumor is that it is in escrow for $320,000.

The market in the Nanakai and Honokai neighborhoods have had very little activity. Two reasons possible:

1. homeowners tend to hold on to their homes longer than average in this neighborhood.

2. owners are waiting to put their homes on the market, but will do so when the buyer activity in the area increases.

No fee simple properties are currently for sale as of Jan '12.

If you are a buyer, looking for something in this neighborhood, call me 808-955-1577

If you are thinking of selling, contact me for a free evaluation and analysis. 808-955-1577

This week I invitedJERRY YOUNG, the owner
and principal Broker of Day Real Estate Company, Honolulu, Hawaii to join the AR Network. Jerry is actively involved in small to mid developments and assorted real estate activity representing both buyers and sellers plus himself as an entrepreneur.

He is actively involved in his Church and noteably, the President of the non-profit organization CHRISTIANS in REAL ESTATE.

Jerry has been my friend for many years, is caring, highly professional and has fine organizational skills. After a busy schedule, he will complete his profile, maybe add a blog or two, but he is in progress. He is a brand new member of the Active Rain Network, so

PLEASE WELCOME JERRY YOUNG and his supportive wife GLENNA.
They are proud grandparents!

If you haven't become a part of the Active Rain Network:

As a part of the 2012 BIG Jumpstart Back to Basics Blog Challenge I reviewed the ROSTER and chose to discuss LaShone Butler, GRI, who is already ranked #22 as an ACTIVE RAIN RAINMAKER specializing in the SNELLVILLE GEORGIA neighborhood and with the EXIT Realty Integrity Group. She is so new that she has not yet posted a blog, but will be forthcoming. She has a well detailed description in her profile (click the link of LaShone above). Here's hearty welcome to LASHONE who is also a CERTIFIED LIFE COACH!

WELCOME