Hawaii Randy's Real Estate Opinions: June 2007

Months of Inventory Remaining - May 2007 (Oahu Resale Condominiums)

Below is a cross table showing months of remaining residential real estate inventory of resale condominiums by price range and area.

 

MAY 2007

 

MAY 2006

Year to Year

Price Ranges (000)

Sales

Inventory

Months

 

Sales

Inventory

Months

Change in Number of Months

Less Than $200

9

16

1.8

 

7

21

3.0

-1.2

$200 - 299

20

58

2.9

 

23

72

3.1

-0.2

$300 - 399

38

188

4.9

 

71

187

2.6

2.3

$400 - 499

51

253

5.0

 

90

199

2.2

2.7

$500 - 599

92

344

3.7

 

110

323

2.9

0.8

$700 - 999

221

752

3.4

 

221

898

4.1

-0.7

More than $1,000

96

627

6.5

 

62

713

11.5

-5.0

 

 

 

 

 

 

 

 

 

Areas

 

 

 

 

 

 

 

 

Metro Oahu

252

1314

5.2

 

262

1366

5.2

0.0

East Oahu

40

165

4.1

 

37

238

6.4

-2.3

Windward Oahu

34

100

2.9

 

35

113

3.2

-0.3

North Shore

7

50

7.1

 

8

36

4.5

2.6

Leeward Oahu

194

609

3.1

 

242

660

2.7

0.4

 

 

 

 

 

 

 

 

 

All Condominiums

527

2238

4.2

 

584

2413

4.1

0.1

 

 

 

 

 

 

 

 

 

NOTE: This table is constructed using mid-month inventory and prior month's sales.

These numbers were taken from a report generated by the Honolulu Board of Realtors.  The numbers are deemed to be accurate but not guaranteed.

Also see:

 

--------------------------------------------------------------------------------------------------------

Randy L. Prothero, REALTOR®

Broker-in-Charge, ABR, AHWD, CRB, CRS, e-PRO, GRI, MRP, SFR

eXp Realty

Team Leader - "The Prothero Group"

Randy Prothero is well established as an expert in working with military / VA clients and first time home buyers.  His home seller's (listing) campaign is one of the most aggressive marketing programs in the area.  His luxury home listings sell faster and for more money.

Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) Performs mediations and ombudsman services for the Board of Realtors.  To improve overall professionalism in his area Randy also offers classes for real estate agents. 

www.HawaiiRandy.comOahu (Honolulu County) Property Search  Hawaii Military Relocations

Comment balloon 4 commentsRandy Prothero • June 23 2007 09:21PM
Months of Inventory Remaining - May 2007 (Oahu Resale Condominiums)
share
Below is a cross table showing months of remaining residential real estate inventory of resale condominiums by price range and area. MAY 2007 MAY 2006 Year to Year Price Ranges (000) Sales Inventory Months Sales Inventory Months Change in… more
Months of Inventory Remaining - May 2007 (Oahu Resale Single Family…
share
Below is a cross table showing months of remaining residential real estate inventory of resale single family homes by price range and area. This includes the entire island of Oahu (Honolulu County) MAY 2007 MAY 2006 Year to Year Price Ranges.. more
Real Estate Sales Activity in the Hauula, Hawaii – May 2007
share
Hauula (tax map keys 153 thru 154) Single family homes have really slowed down dramatically There is currently 26 months worth of inventory. This is purely a buyers market in Hauula. Currently (June 15, 2007) under the "Active for Sale… more
Real Estate Sales Activity in the Haleiwa, Hawaii – May 2007
share
Historic Haleiwa, Hawaii is located on the North Shore of Oahu. (parts of tax map key 166). In Haleiwa Town there have only been 2 single family homes sold year to date and there were two during the same period in 2006. Currently (June 15, 2007)… more
Real Estate Sales Activity in the Salt Lake, Hawaii Area – May 2007
share
Salt Lake Area (tax map key 111, includes Moanalua, Aliamanu, Mapunapuna and Airport Area) The below figures include both fee simple and leasehold properties. These are only the totals and averages. Single Family homes sales have slowed. Average… more
Real Estate Sales Activity in the Ocean Pointe, Hawaii – May 2007
share
Ocean Pointe a planned community in Ewa Beach, Hawaii (makes up part of tax map key 191). Single Family homes sales have softened. Average sales prices of single family homes have seen some dropping. Sales volume is also down, while inventory has… more
Some Listings are Just Too Good to be True
share
I am sure you have had those days when a listing pops up in the MLS system that gets the attention of several of your clients and friends attention. The one that is to good to be true. The one that makes you feel like scrooge at Christmas. Many… more
May 2007 Real Estate Sales Activity in the Village Park, Hawaii
share
Village Park is a community in Waipahu, Hawaii (makes up part of tax map key 194). Single family home sales volume has remained consistent with 2006 numbers, while average sales prices have seen a small increase over 2006. There are not enough sales… more
$1 Inter-island Air Flights!
share
In commemorating their one year anniversary in the islands, our newest major inter-island carrier Go! Airlines did a most amazing thing. They offered $1 inter-island flights between the islands. … more
May 2007 Real Estate Sales Activity in Waikele, Hawaii
share
Single Family homes sales in Waikele have remained steady. Average sales prices of single family homes have softened slightly while sales volume is increasing over 2006 numbers. Currently there is about 3 months worth of inventory making it a nice… more