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Lance Owens

Good Morning America - Surfs Up - Prices are down - Kailua Kona, HI. Buyers Agent Lance Owens

02-16-08
Lance Owens

I woke up last night to the sound of the pounding surf, now I live about 4 blocks away, so when it wakes me up - you know its good.

I grabbed my camera, coffee, laptop, and headed off to work this morning, my office is about 2 miles from home, down Alii Drive, and I had to pass 3 different surf breaks, so I pulled over and snapped these photos (if I would have had my camera yesterday - there was a pod of humpback whales just about another 50 feet out past the surfers - spectacular view)

I actually started writing this yesterday morning - but just after I got in - I got the phone call we all love - " Lance - this is Kurt - go ahead and write up that house you showed me last night " So the pictures had to wait a day .

That made me think about the rest of this article, wait a minute I cant give away my secrets !

If you are looking for a great - Buyers Agent - give me a call, I will find you the deal of the day :)

Hope you enjoy the photos - have a great day! - I am heading back down to the beach!

(Dont Forget - I have a listing 3 blocks away from this surf - 2/2 Home for $399,000 )

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

http://www.konahometeam.com/

Aloha Kona Realty Inc.

78-6740 Alii Drive

Buyers Agent

Lance Owens

2008, January Sales Figures - MEDIAN SALES PRICE - Kailua Kona,Hawaii, Real Estate, Market, Values, Lance Owens Realtor

02-12-08
Lance Owens

MLS Sales Statistics
Median Sales Price
2,799,1701,612,472<1,186,698><42.39%> 2,799,1701,612,472<1,186,698><42.39%>
MONTH OF#% YEAR#%
Big JanuaryIncrease /Increase / TO DATEIncrease /Increase /
Island 20072008<Decrease><Decrease> 20072008<Decrease><Decrease>
ENTIREResidential405,000330,000<75,000><18.52%> 405,000330,000<75,000><18.52%>
Vacant Land55,00044,250<10,750><19.55%> 55,00044,250<10,750><19.55%>
Commercial1,475,000787,500<687,500><46.61%> 1,475,000787,500<687,500><46.61%>
Condominium399,170450,72251,55212.91% 399,170450,72251,55212.91%
Business465,0000<465,000><100.00%> 465,0000<465,000><100.00%>
PUNAResidential257,000236,000<21,000><8.17%> 257,000236,000<21,000><8.17%>
Vacant Land41,50033,450<8,050><19.40%> 41,50033,450<8,050><19.40%>
Commercial0787,500787,5000.00% 0787,500787,5000.00%
Condominium000 000
Business000 000
SOUTH HILOResidential420,000262,500<157,500><37.50%> 420,000262,500<157,500><37.50%>
Vacant Land189,500240,00050,50026.65% 189,500240,00050,50026.65%
Commercial300,0000<300,000><100.00%> 300,0000<300,000><100.00%>
Condominium44,900155,000110,100245.21% 44,900155,000110,100245.21%
Business775,0000<775,000><100.00%> 775,0000<775,000><100.00%>
NORTH HILOResidential0730,000730,0000.00% 0730,000730,0000.00%
Vacant Land317,500300,000<17,500><5.51%> 317,500300,000<17,500><5.51%>
Commercial2,650,0000<2,650,000><100.00%> 2,650,0000<2,650,000><100.00%>
Condominium000 000
Business000 000
HAMAKUAResidential460,0000<460,000><100.00%> 460,0000<460,000><100.00%>
Vacant Land1,300,0000<1,300,000><100.00%> 1,300,0000<1,300,000><100.00%>
Commercial000 000
Condominium000 000
Business000 000
NORTH KOHALAResidential682,5001,067,500385,00056.41% 682,5001,067,500385,00056.41%
Vacant Land1,300,0000<1,300,000><100.00%> 1,300,0000<1,300,000><100.00%>
Commercial000 000
Condominium000 000
Business000 000
SOUTH KOHALAResidential520,000510,000<10,000><1.92%> 520,000510,000<10,000><1.92%>
Vacant Land480,000375,000<105,000><21.88%> 480,000375,000<105,000><21.88%>
Commercial000 000
Condominium699,000502,500<196,500><28.11%> 699,000502,500<196,500><28.11%>
Business000 000
NORTH KONAResidential610,000595,000<15,000><2.46%> 610,000595,000<15,000><2.46%>
Vacant Land549,000282,500<266,500><48.54%> 549,000282,500<266,500><48.54%>
Commercial000 000
Condominium360,943425,00064,05717.75% 360,943425,00064,05717.75%
Business155,0000<155,000><100.00%> 155,0000<155,000><100.00%>
SOUTH KONAResidential525,000540,50015,5002.95% 525,000540,50015,5002.95%
Vacant Land300,000765,000465,000155.00% 300,000765,000465,000155.00%
Commercial000 000
Condominium000 000
Business000 000
KA'UResidential229,000255,00026,00011.35% 229,000255,00026,00011.35%
Vacant Land28,00045,00017,00060.71% 28,00045,00017,00060.71%
Commercial000 000
Condominium310,0000<310,000><100.00%> 310,0000<310,000><100.00%>
Business000 000

There is a lot more to this than meets the eye, so please feel free to give me a call, and we can discuss these figures and your future in the Hawaii Real Estate Market.

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

http://www.konahometeam.com/

Aloha Kona Realty Inc.

78-6740 Alii Drive

2008, January Sales Figures - SALES VOLUME - Kailua Kona,Hawaii, Real Estate, Market, Values, Lance Owens Realtor

02-12-08
Lance Owens

There is a lot more to this than meets the eye, so please feel free to give me a call, and we can discuss these figures and your future in the Hawaii Real Estate Market.

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

http://www.konahometeam.com/

Aloha Kona Realty Inc.

78-6740 Alii Drive

MLS Sales Statistics
Sales Volume
145,626,71275,767,613<69,859,099><47.97%> 145,626,71275,767,613<69,859,099><47.97%>
MONTH OF#% YEAR#%
Big JanuaryIncrease /Increase / TO DATEIncrease /Increase /
Island 20072008<Decrease><Decrease> 20072008<Decrease><Decrease>
ENTIREResidential72,655,37340,566,271<32,089,102><44.17%> 72,655,37340,566,271<32,089,102><44.17%>
Vacant Land45,903,75020,968,495<24,935,255><54.32%> 45,903,75020,968,495<24,935,255><54.32%>
Commercial2,950,0001,575,000<1,375,000><46.61%> 2,950,0001,575,000<1,375,000><46.61%>
Condominium23,962,58912,657,847<11,304,742><47.18%> 23,962,58912,657,847<11,304,742><47.18%>
Business155,0000<155,000><100.00%> 155,0000<155,000><100.00%>
PUNAResidential13,529,74010,634,200<2,895,540><21.40%> 13,529,74010,634,200<2,895,540><21.40%>
Vacant Land4,441,7004,450,4008,7000.20% 4,441,7004,450,4008,7000.20%
Commercial01,575,0001,575,0000.00% 01,575,0001,575,0000.00%
Condominium000 000
Business000 000
SOUTH HILOResidential4,249,0002,380,085<1,868,915><43.98%> 4,249,0002,380,085<1,868,915><43.98%>
Vacant Land869,000699,000<170,000><19.56%> 869,000699,000<170,000><19.56%>
Commercial300,0000<300,000><100.00%> 300,0000<300,000><100.00%>
Condominium160,900155,000<5,900><3.67%> 160,900155,000<5,900><3.67%>
Business000 000
NORTH HILOResidential0730,000730,0000.00% 0730,000730,0000.00%
Vacant Land635,000600,000<35,000><5.51%> 635,000600,000<35,000><5.51%>
Commercial2,650,0000<2,650,000><100.00%> 2,650,0000<2,650,000><100.00%>
Condominium000 000
Business000 000
HAMAKUAResidential460,0000<460,000><100.00%> 460,0000<460,000><100.00%>
Vacant Land1,300,0000<1,300,000><100.00%> 1,300,0000<1,300,000><100.00%>
Commercial000 000
Condominium000 000
Business000 000
NORTH KOHALAResidential1,365,0002,135,000770,00056.41% 1,365,0002,135,000770,00056.41%
Vacant Land3,220,0000<3,220,000><100.00%> 3,220,0000<3,220,000><100.00%>
Commercial000 000
Condominium000 000
Business000 000
SOUTH KOHALAResidential12,807,0304,231,800<8,575,230><66.96%> 12,807,0304,231,800<8,575,230><66.96%>
Vacant Land11,465,0001,045,000<10,420,000><90.89%> 11,465,0001,045,000<10,420,000><90.89%>
Commercial000 000
Condominium13,513,0008,671,000<4,842,000><35.83%> 13,513,0008,671,000<4,842,000><35.83%>
Business000 000
NORTH KONAResidential36,147,70317,083,686<19,064,017><52.74%> 36,147,70317,083,686<19,064,017><52.74%>
Vacant Land17,675,0007,305,000<10,370,000><58.67%> 17,675,0007,305,000<10,370,000><58.67%>
Commercial000 000
Condominium9,978,6893,831,847<6,146,842><61.60%> 9,978,6893,831,847<6,146,842><61.60%>
Business155,0000<155,000><100.00%> 155,0000<155,000><100.00%>
SOUTH KONAResidential2,209,0001,081,000<1,128,000><51.06%> 2,209,0001,081,000<1,128,000><51.06%>
Vacant Land5,538,5004,165,000<1,373,500><24.80%> 5,538,5004,165,000<1,373,500><24.80%>
Commercial000 000
Condominium000 000
Business000 000
KA'UResidential1,887,9002,290,500402,60021.33% 1,887,9002,290,500402,60021.33%
Vacant Land759,5502,704,0951,944,545256.01% 759,5502,704,0951,944,545256.01%
Commercial000 000
Condominium310,0000<310,000><100.00%> 310,0000<310,000><100.00%>
Business000 000


2008, January Sales Figures - NUMBER OF SALES - Kailua Kona,Hawaii, Real Estate, Market, Values, Lance Owens Realtor

02-12-08
Lance Owens

There is a lot more to this than meets the eye, so please feel free to give me a call, and we can discuss these figures and your future in the Hawaii Real Estate Market.

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

http://www.konahometeam.com/

Aloha Kona Realty Inc.

78-6740 Alii Drive

MLS Sales Statistics
Number of Sales
303201<102><33.66%> 303201<102><33.66%>
MONTH OF#% YEAR#%
Big JanuaryIncrease /Increase / TO DATEIncrease /Increase /
Island 20072008<Decrease><Decrease> 20072008<Decrease><Decrease>
ENTIREResidential12187<34><28.10%> 12187<34><28.10%>
Vacant Land13992<47><33.81%> 13992<47><33.81%>
Commercial2200.00% 2200.00%
Condominium4020<20><50.00%> 4020<20><50.00%>
Business10<1><100.00%> 10<1><100.00%>
PUNAResidential5038<12><24.00%> 5038<12><24.00%>
Vacant Land8358<25><30.12%> 8358<25><30.12%>
Commercial0220.00% 0220.00%
Condominium000 000
Business000 000
SOUTH HILOResidential108<2><20.00%> 108<2><20.00%>
Vacant Land43<1><25.00%> 43<1><25.00%>
Commercial10<1><100.00%> 10<1><100.00%>
Condominium31<2><66.67%> 31<2><66.67%>
Business000 000
NORTH HILOResidential0110.00% 0110.00%
Vacant Land2200.00% 2200.00%
Commercial10<1><100.00%> 10<1><100.00%>
Condominium000 000
Business000 000
HAMAKUAResidential10<1><100.00%> 10<1><100.00%>
Vacant Land10<1><100.00%> 10<1><100.00%>
Commercial000 000
Condominium000 000
Business000 000
NORTH KOHALAResidential2200.00% 2200.00%
Vacant Land30<3><100.00%> 30<3><100.00%>
Commercial000 000
Condominium000 000
Business000 000
SOUTH KOHALAResidential168<8><50.00%> 168<8><50.00%>
Vacant Land63<3><50.00%> 63<3><50.00%>
Commercial000 000
Condominium1110<1><9.09%> 1110<1><9.09%>
Business000 000
NORTH KONAResidential2919<10><34.48%> 2919<10><34.48%>
Vacant Land114<7><63.64%> 114<7><63.64%>
Commercial000 000
Condominium259<16><64.00%> 259<16><64.00%>
Business10<1><100.00%> 10<1><100.00%>
SOUTH KONAResidential42<2><50.00%> 42<2><50.00%>
Vacant Land104<6><60.00%> 104<6><60.00%>
Commercial000 000
Condominium000 000
Business000 000
KA'UResidential9900.00% 9900.00%
Vacant Land1918<1><5.26%> 1918<1><5.26%>
Commercial000 000
Condominium10<1><100.00%> 10<1><100.00%>
Business000 000


2007 4th quarter figures are here - Kailua Kona Real Estate - MEDIAN HOME PRICE , Buyers Agent Lance Owens

02-12-08
Lance Owens
MLS Sales Statistics
Median Sales Price
1,573,116 1,890,303 317,187 20.16% 1,614,498 1,889,400 274,902 17.03%
Oct-Dec # % YEAR # %
Big 4th Quarter Increase / Increase / TO DATE Increase / Increase /
Island 2006 2007 <Decrease> <Decrease> 2006 2007 <Decrease> <Decrease>
ENTIRE Residential 389,625 375,000 <14,625> <3.75%> 421,000 395,000 <26,000> <6.18%>
Vacant Land 52,500 37,500 <15,000> <28.57%> 58,000 45,000 <13,000> <22.41%>
Commercial 651,270 817,500 166,230 25.52% 580,000 850,000 270,000 46.55%
Condominium 367,221 410,303 43,082 11.73% 426,498 394,900 <31,598> <7.41%>
Business 112,500 250,000 137,500 122.22% 129,000 204,500 75,500 58.53%
PUNA Residential 259,000 251,000 <8,000> <3.09%> 269,000 259,500 <9,500> <3.53%>
Vacant Land 45,750 30,000 <15,750> <34.43%> 50,000 37,000 <13,000> <26.00%>
Commercial 522,040 450,000 <72,040> <13.80%> 375,000 337,500 <37,500> <10.00%>
Condominium 0 0 0 175,000 0 <175,000> <100.00%>
Business 199,000 250,000 51,000 25.63% 199,000 250,000 51,000 25.63%
SOUTH HILO Residential 375,000 365,000 <10,000> <2.67%> 365,000 350,000 <15,000> <4.11%>
Vacant Land 147,500 225,000 77,500 52.54% 210,000 225,000 15,000 7.14%
Commercial 677,540 817,500 139,960 20.66% 480,000 612,500 132,500 27.60%
Condominium 138,000 95,000 <43,000> <31.16%> 135,000 107,500 <27,500> <20.37%>
Business 0 0 0 26,000 170,000 144,000 553.85%
NORTH HILO Residential 399,000 250,000 <149,000> <37.34%> 367,500 435,000 67,500 18.37%
Vacant Land 350,000 560,000 210,000 60.00% 502,500 407,500 <95,000> <18.91%>
Commercial 0 0 0 600,000 2,650,000 2,050,000 341.67%
Condominium 0 0 0 0 0 0
Business 0 0 0 0 0 0
HAMAKUA Residential 550,000 371,300 <178,700> <32.49%> 467,000 390,000 <77,000> <16.49%>
Vacant Land 421,000 887,500 466,500 110.81% 413,500 500,000 86,500 20.92%
Commercial 0 0 0 592,500 0 <592,500> <100.00%>
Condominium 0 0 0 0 0 0
Business 0 0 0 0 0 0
NORTH KOHALA Residential 578,000 402,500 <175,500> <30.36%> 721,000 850,000 129,000 17.89%
Vacant Land 467,000 1,150,000 683,000 146.25% 569,000 580,000 11,000 1.93%
Commercial 0 0 0 0 600,000 600,000 0.00%
Condominium 0 0 0 0 0 0
Business 0 0 0 0 0 0
SOUTH KOHALA Residential 568,252 534,843 <33,409> <5.88%> 544,234 550,000 5,766 1.06%
Vacant Land 565,000 184,500 <380,500> <67.35%> 325,000 387,500 62,500 19.23%
Commercial 625,000 0 <625,000> <100.00%> 787,500 362,000 <425,500> <54.03%>
Condominium 810,000 769,700 <40,300> <4.98%> 695,000 788,000 93,000 13.38%
Business 0 0 0 85,000 0 <85,000> <100.00%>
NORTH KONA Residential 598,976 604,000 5,024 0.84% 635,000 610,000 <25,000> <3.94%>
Vacant Land 495,000 600,000 105,000 21.21% 527,500 480,000 <47,500> <9.00%>
Commercial 0 0 0 950,000 1,915,000 965,000 101.58%
Condominium 371,000 350,000 <21,000> <5.66%> 405,623 360,000 <45,623> <11.25%>
Business 102,000 0 <102,000> <100.00%> 150,000 239,000 89,000 59.33%
SOUTH KONA Residential 557,500 470,000 <87,500> <15.70%> 539,500 499,750 <39,750> <7.37%>
Vacant Land 222,250 427,500 205,250 92.35% 263,700 290,000 26,300 9.97%
Commercial 0 1,275,000 1,275,000 0.00% 0 1,700,000 1,700,000 0.00%
Condominium 0 242,500 242,500 0.00% 312,500 242,500 <70,000> <22.40%>
Business 0 0 0 0 90,000 90,000 0.00%
KA'U Residential 269,250 250,000 <19,250> <7.15%> 276,000 248,250 <27,750> <10.05%>
Vacant Land 35,500 28,500 <7,000> <19.72%> 40,000 34,500 <5,500> <13.75%>
Commercial 0 0 0 0 0 0
Condominium 240,000 0 <240,000> <100.00%> 300,000 330,000 30,000 10.00%
Business 145,000 0 <145,000> <100.00%> 282,500 0 <282,500> <100.00%>

There is a lot more to this than meets the eye, so please feel free to give me a call, and we can discuss these figures and your future in the Hawaii Real Estate Market.

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

http://www.konahometeam.com/

Aloha Kona Realty Inc.

78-6740 Alii Drive