West Hawaii Real Estate | August 31, 2018 15
LUHIA II
74-5599 Luhia Street, Kailua-Kona, Hawaii 96740
SPACES AVAILABLE FOR LEASE
• D5 & D6 (1600 SF) – retail
or offi ce space
• E5 (800 SF) – retail or
offi ce space
• F5 (2,054 SF) – retail/
offi ce space with visibility
to Queen Ka‘ahumanu
Highway. Brand new
central a/c system
installed.
This property caters to retail and industrial tenants looking for a convenient
location in Kailua-Kona town. This old industrial area property can help you
stay close to your customers and/or job sites while having the convenience
of easy access to Queen Ka‘ahumanu Highway.
Debbie Parmley (B) CCIM
Vice President | Hawaii
License No. RB-21953
Leasing Services – Island of Hawaii
Direct +1 808 987 7722
Main +1 808 524 2666
debbie.parmley@colliers.com
For details on all listings visit, www.DebbieParmley.com
run-up in
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third of sales
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percent
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from
2017
Sellers –
revealed that
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demand
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NAR
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prospective
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percent of
from 22
19 percent
investors,
sales,
homes in
month and
Distressed sales – foreclosures
and short sales – were 3 percent of
sales in July (lowest since NAR began
tracking in October 2008), unchanged
from last month and down from 5
percent a year ago. Two percent of
July sales were foreclosures and 1
percent was short sales.
Single-family and condo/co-op
sales
Single-family home sales declined
0.2 percent to a seasonally adjusted
annual rate of 4.75 million in July
from 4.76 million in June, and are 1.2
percent below the 4.81 million sales
pace a year ago. The median existing
single-family home price was
$272,300 in July, up 4.6 percent from
July 2017.
Existing condominium and co-op
sales fell 4.8 percent to a seasonally
adjusted annual rate of 590,000 units
in July and are 3.3 percent below a
year ago. The median existing condo
price was $248,100 in July, which is
3.2 percent above a year ago.
Regional breakdown
July existing-home sales in the
Northeast dropped 8.3 percent to
an annual rate of 660,000, and are
1.5 percent below a year ago. The
median price in the Northeast was
$309,700, which is up 6.8 percent
from July 2017.
In the Midwest, existing-home sales
declined 1.6 percent to an annual rate
of 1.25 million in July, and are 0.8
percent below a year ago. The median
price in the Midwest was $210,500, up
2.5 percent from a year ago.
Existing-home sales in the South
decreased 0.4 percent to an annual rate
of 2.24 million in July, and are 0.4 percent
lower than a year ago. The median
price in the South was $233,400,
up 2.7 percent from a year ago.
Existing-home sales in the West
rose 4.4 percent to an annual rate of
1.19 million in July, but are still 4.0
percent below a year ago. The median
price in the West was $392,700, up 5.1
percent from July 2017. The National
Association of Realtors® is America’s
largest trade association, representing
1.3 million members involved in all
aspects of the residential and commercial
real estate industries.
link
/www.DebbieParmley.com
