Over the past 6 months, there have only been 2 sales in Niu Valley. This summer, the word sure has gotten out about the shortage of inventory. As of today there are only 2 active listings, however there are 7 homes currently in escrow!
Active Listings
1. 313 Halaki St. (MLS # 201713113) is listed for $1,050,000
2. 5846 Kalanianaole Hwy. (MLS # 201627962) is listed for $1,838,000
Homes in Escrow vs. Recent Sales
The last two homes that sold in Niu Valley were:
- 5660 Haleola St. sold for $935,000 on March 30, 2017
- 222 Halemaumau St. sold for $968,000 on May 4, 2017
Meanwhile, the 7 homes in escrow have asking prices that range between $1,050,000 and $1,830,000 with an average of $1,260,714 and a median asking price of $1,200,000. This is a significant increase over the two fixers that have sold recently!
Is now the time to Sell?
If you're you'd like to take advantage of this Seller's Market in Niu Valley, feel free to contact me for more information.