Over the past month we have listed and sold a home in Kahala Kua, which is one of east Oahu's exclusive gated communities. Considering there's been very little inventory selling there over the years, it really says a lot.
Recent Kahala Kua sale where we represented the Buyer
Since there is only a little over 120 homes in this gated community, there isn't a whole lot of turnover each year. Since 2008, there have only been anywhere from 1-4 home sales per year.
Home Sales in Kahala Kua over the past 10 years
So far in 2015 YTD, there have only been 2 sales, 1 in escrow and another listing. We're directly a part of half of those:
- April 17, 2015 - 5439 Kuaola St. Sold for $1,410,000
- July 22, 2015 - 5328 Kahalakua St. Listed for $1,678,900 (In Escrow)
- August 14, 2015 - 5257 Kuaiwi Pl. Listed for $1,728,000 - We Represent the Seller
- August 19, 2015 - 5209 Kuaiwi Pl. Sold for $1,328,000 - We Represented Buyer
5257 Kuaiwi Place (MLS # 2015141568) we have listed for $1,728,000
On 5209 Kuaiwi, we got a client a great buy! The home was originally listed for $1,895,000 earlier this year. The appraisal also came in much higher that the sales price. On 5257 Kuaiwi, we've got it at a great price considering the home on Kahalakua St. went into escrow very quick. In addition, both sales in the neighborhood in 2014 went over $2 million.
Average sales price in Kahala Kua over the past 10 years
To learn more about this exclusive neighborhood, contact us for more information.