Hawaii Randy's Real Estate Opinions: Hawaii – State Wide Resale Home Sales for February 2008

Hawaii – State Wide Resale Home Sales for February 2008

Sea TurtleFebruary 2008 numbers are in.

Single Family Home Sales have continued to show decreased sales volume.  In February we saw a dip in the Median Sales Prices.  It will be interesting to see how the March numbers look.  I am seeing increased activity in my area for the last few weeks, but it hard to tell if that is just my business or if it is a trend that is happening in a wider area.

Condominium Sales have also seen declines in sales volume in all counties except Maui which had a strong month.  Median Sales Prices saw a bump in all counties except Maui which had the volume increase.

FOR THE MONTH OF February 2008

 

 

 

 

 

 

 

 

SINGLE FAMILY HOMES

 

Number of Sales

 

Median Sales Price

County

2008

2007

% Change

 

2008

2007

% Change

Hawaii

99

128

-22.7%

 

$395,000

$425,000

-7.1%

Kauai

24

32

-25.0%

 

$760,000

$601,500

26.4%

Maui

76

104

-26.9%

 

$624,391

$625,000

-1.7%

Oahu

163

272

-40.1%

 

$599,000

$614,500

-2.5%

Total Sales

362

536

-32.5%

 

 

 

 

 

 

 

 

 

 

 

 

CONDOMINIUMS

 

Number of Sales

 

Median Sales Price

County

2008

2007

% Change

 

2008

2007

% Change

Hawaii

26

34

-23.5%

 

$453,500

$400,000

13.4%

Kauai

16

33

-51.5%

 

$565,000

$475,000

18.9%

Maui

94

84

11.9%

 

$575,000

$596,000

-3.5%

Oahu

321

402

-20.1%

 

$335,000

$320,000

4.7%

Total Sales

457

553

-17.4%

 

 

 

 

*These numbers were taken from area MLS systems and Title Guaranty Escrow. The information listed here is 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 5 commentsRandy Prothero • March 13 2008 09:06PM

Comments

good report Randy. we like these. seems you're seeing about the same thing we are here. probably going to last for some time longer... but next year...

cheers 

Posted by Gary Bolen, CRS - Lake Tahoe Real Estate Information (McCall Realty) over 10 years ago

Randy

Hawaii just seems like to be the place place to live and move to.

Sincerely

Tom braatz

Posted by Tom Braatz Waukesha County Real Estate 262-377-1459, Waukesha County Realtor Real Estate agent. SOLD! (Coldwell Banker) over 10 years ago
Randy - Here is hoping March will show an increase.  In my marketplace we did have increase in sales.
Posted by Jennifer Fivelsdal, Mid Hudson Valley real estate connection ( JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571) over 10 years ago

Gary - I was a little surprised to see the sales volume down as much.  I am seeing increased activity some of the communities I am servicing.  Hopefully it will reflect in the March and April numbers.

Tom - I know a great real estate agent that can help you out.  :)

Jennifer - I hope so too.

Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 10 years ago

your sales are down but prices are steady. Very interesting...

Your Friend in Charlottesville!

Posted by Charles McDonald, REALTOR®, Blogger, Principal Broker®, Owner (Charlottesville Real Estate Solutions) over 10 years ago

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