Local Market Update Nov. 2019

Local Market Update for November 2019

John Stallings Real Estate , Statistics Leave a Comment

This local market update focuses on Kailua/Waimanalo for November 2019!   Softening prices combined with low-interest rates make NOW an excellent time to consider purchasing real estate. Below is a quick recap of the Kailua/Waimanalo real estate sales statistics from November 2019’s local market update Single Family Homes New listings in November were DOWN -6%% over last year # of closed …

Real Estate Sales Statistics

Oahu Real Estate Sales Statistics for October 2019

John Stallings Real Estate , Statistics Leave a Comment

The real estate market across the country continues to soften, and the same holds true for those of us lucky to call Hawaii home. The real estate sales statistics in this report may not be great news for homeowners considering selling!   On the flip side, softening prices combined with low-interest rates make NOW an excellent time to consider purchasing real …

Strong Real Estate Market Continues in 2013

John Stallings Market Commentary , Real Estate , Statistics Leave a Comment

We don’t believe there is a community on Oahu that is not presently seeing an increase in real estate values. Sure there are a few short sales available, but these too will soon disappear as increasing values will make it possible most home sellers to do a traditional sale.   Experts are predicting the median price for homes on Oahu …

Oahu Real Estate Statistics 2012-Year End Summary

John Stallings Real Estate , Statistics Leave a Comment

Wow, what a year for real estate on Oahu! The above image (supplied by the Honolulu Board of Realtors) demonstrates the drastic changes that occurred in the Oahu real estate market during 2012. There are several key statistics that buyers & sellers should be watching in order to get educated about the trends in our real estate market. Below is …

Median Home Prices Slip, Condos Skyrocket in December 2012

John Stallings Real Estate , Statistics Leave a Comment

According to the Honolulu Board of Realtors, December snapped a 12 month streak in which the median home price increased.  Last month prices for single family homes slipped less than 1%,  however we don’t think this is indicitive of where our real estate market is headed.  The median price on condo increased about 14% over last year, so December was …