Hawaii Randy's Real Estate Opinions: Real Estate Sales Activity for the North Shore of Oahu – November 2007

Real Estate Sales Activity for the North Shore of Oahu – November 2007

The North Shore of Oahu includes communities from Kaena Point to Laie (Mokuleia, Waialua, Haleiwa, Kawailao, Waimea, Pupukea, Sunset, Velzy, Kahuku, Malaekahana, Laie. (tax map key 155 to 169).

The below figures include both fee simple and leasehold properties.  These are only the totals and average sale prices.

Single Family homes sales have softened. Average sales price of single family homes while up a little in November have seen some slippage year to date.  Sales volume is also down from last year.  Inventory levels are at nearly 10 months worth.

Condo and townhouse sales are another story.  Average sales prices have seen a large jump year to date over 2006.  Sales volume year to date is down.

Current Active for Sale (as of 12/22/07): 

  • 128 Single Family Homes
  •   55 Condos/ Townhouses

Currently in Escrow (as of 12/22/07): 

  •   14 Single Family Homes
  •     4 Condos/ Townhouses

For the Month of November 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

North Shore

3

2

+150%

 

$566,333

$510,000

+11.05%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

North Shore

3

2

+150%

 

$297,333

$413,500

-20.09%

 

 

 

 

 

 

 

 

Year to Date Through November 30, 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

North Shore

78

90

-13.33%

 

$1,043,287

$1,152,144

-9.45%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

North Shore

45

63

-29.57%

 

$607,730

$461,538

+31.67%

  

*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.

 

You can find out more about real estate in Hawaii at: http://www.hawaiirandy.com/

Or at: http://www.localism.com/

 

 

 

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

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 0 commentsRandy Prothero • December 22 2007 04:50PM

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