Inventory Shortage of Luxury Condos and East Honolulu Homes

There's been a lot of buzz in the Realtor community about the shortage of inventory on Oahu right now. Here are some particular pockets I've noticed where demand far outpaces supply:

Luxury Condos in Kakaako

• Hawaiki Tower only has 2 available listings
• Hokua only has only has 4 ...

Hawaii Loa Ridge Home Sales

In 2011, there were 27 homes that sold on Hawaii Loa Ridge for an average of $1,764,148. Homes that sold got 95% of their final asking price and took an average of 65 Days to sell. The three highest sales were:

1. 517 Moaniala Street Sold on 4/11 ...

Aina Haina Real Estate Market Update

In 2011, there were 18 homes that sold in Aina Haina for an average sales price of $854,888. Sellers received 96 of their asking price on average and homes took an average of 79 days to sell. Today, there are only 3 available homes for sale in Aina Haina ...

Gold Coast Luxury Condos Selling at Diamond Head

High end condos on Honolulu's Gold Coast are on the move lately. There's been a slew of cash buyers coming out of the woodworks to pick up one of Oahu's most sought after oceanfront lifestyles:

• On October 14, 2011 3003 Kalakaua Ave. 12B Sold for $3,400 ...

Diamond Head Real Estate Year in Review

Home Sales in 2011

In 2011, there were 23 single family homes that sold in Diamond Head, which was up from 2010's 22 sales. Prices ranged from $1,020,000 for a little plantation style home on Leahi Ave. to $10,600,000 for an estate on the slopes ...

Happy Holidays

I hope everyone enjoyed their Christmas and wishing you all a Happy New Year!