West Hawaii Real Estate | November 10, 2017 15 Oahu Home Median Prices hold steady in October Oahu’s housing market held steady in October, according to resales fi gures released today by the Honolulu Board of Realtors. The analysis conducted by the board, using data collected from its computerized Multiple Listing Service (MLS) system, offer the following statistics: In October, the number of singlefamily houses sold increased by 6 percent compared to October 2016. The median price for single-family houses was $752,000, a 1.3 percent increase from the same period last year. The number of condominiums sold increased by 14.3 percent in October over the previous year, while the median price for condominiums increased by just 0.4 percent to $397,500. According to the Days on Market indicator, single-family houses sold at a slightly faster pace closing at an average of 15 days, four days less than in 2016. Sales of condos closed at about the same rate from October 2017, closing at an average of 21 days on the market, compared to 20 days in October 2016. “Oahu’s housing market continues to be strong with consistent sales and steady median prices,” said Sue Ann Lee, president of Honolulu Board of Realtors. “The fall is traditionally a slower time for home sales, but demand is still robust as there are double digit increases in pending sales for single-family houses, as well as condominiums and townhomes. However, even with a rise in new listings, we still need more inventory to meet the pent up demand for housing.” The public is encouraged to visit www. hicentral.com to see what’s happening in the housing market. Consumers have the ability to browse single-family home and condominium listings across Oahu, as well as select neighbor-island listings, available for sale and for rent, and to see a comprehensive guide of homes that will be open to visit this weekend. All searches can be done by geographic location and/or price range, and hicentral.com provides useful information about buying and selling real estate in Hawaii. (This report refl ects information about resales of existing properties only and does not include new home sales. All of the MLS information is compiled from sales reported during the cited months; this data is known only after closing of escrow. The time delay between the signing of a sales contract and the closing of escrow is usually between one and three months.) ElEctrical NO JOB TOO SMALL FOR ALL YOUR ELECTRICAL NEEDS, WE WELCOME YOUR CALL. Ph/Fax: 325-1600 Cell: 936-0260 Lic.# C-24983 firstname.lastname@example.org "Specializing in Solar Power Services" DRYWALL CONTRACTOR RESIDENTIAL • COMMERCIAL • TENANT IMPROVEMENT & REMODEL H Metal Stud Framing / T Bar Ceiling H Hang, Tape and Texture H Demo / Rubbish Removal 808-896-3739 • email@example.com Ashford Alices Owner • License #C-21983 Sharon Diedrichs RS 74463 Certifi ed International Properties Specialist 808-936-2623 Sharon has worked as a realtor for 10 years, and is licensed in both Hawaii and California. She has a Master’s Degree in Interior Design, to help you stage your listing. Sharon was the featured realtor on HGTV’s Beachfront Bargain Hunt, “Returning to Kailua Kona” episode. firstname.lastname@example.org www.sharondiedrichs.com NEW CONSTRUCTION #607668 Hale Nanea condo, H101 • $429,950 New Construction! First fl oor with a garden view and 2 beds and 2 baths, this Condo has a garage, is pet friendly and available for Vacation Renters. Close to Coconut Grove. Preselling now with other fl oor plans available. #611439 Marlin St. • $899,000 Classic, comfortable large home in the area above Sunset. Has been beautifully remodeled, retaining the Original redwood tongue and groove dignity. All electrical and plumbing have been brought to current codes. Spacious rooms, 5 beds and 3 baths, and over 3,000 square feet. You have lots of room for friends and family. Fruitful gardens and vast ocean views. INCREDIBLE OPPORTUNITY Ainamalu • $960,000 Brand new home in Waikoloa Beach Resort, the preferred Nalu Model, with 2 bedrooms, 2 baths in the main house and a separate 1/1 guest cottage. Enjoy your 2 car garage, vaulted ceilings, and high-end fi nishes. Soon to come, 21 acres of jogging/walking paths and a pool and gathering space. #610557 Hao Kuni • $970,000 Great country estate on lovely Hao Kuni Rd. 1.46 acre has abundant fruit trees, 5 bedrooms, 3 baths in 3006 squ ft, and a 1/1 private and quiet guest quarter with separate entrance and driveway. Large enclosed workshop, dog runs. #610783 Aeo St. • $849,900 Located in popular Iolani, this is a great remodeled 3 bed 2.5 baths home with beautiful ocean and sunset views. PV system and Assumable VA loan @ 3.38%. #611815 Ahikawa • $499,000 Great investment and fi rst home opportunity. Upstairs 2/2 with ocean views, open living area, and sweet lanai. Downstairs great studio with kitchenette. Comfortable elevation and easy drive to Kona town.
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