Hawaii Real Estate | Hawaii Relocations | Hawaii Home Buying & Selling

head_left_image

Hawaii Homes Market Report | Honolulu County Real Estate October 2009

Honolulu County Real Estate Market Report- October 2009

Honolulu County Housing Market Statistics for October 2009  showed continued activity with the Hawaii Home Buyer picking up on the FIRST TIME HOMEBUYER TAX CREDIT.

Single Family Resale Numbers: In the  our sales numbers for single family homes showed a very slight increase in sold single family homes from 244 to 281. The Median Sales price rose from $600,000 in September to $605,000 in October.  This is an increase of 15.6% from October 2008 to 2009 and also shows a slight increase of 0.83% from September to October of 2009 in sales prices.  

Condo/Townhouse Resale Numbers:  Our Honolulu Real Estate Housing Market sales numbers for condos/townhouses increased slightly from 345 in September to 381 in October of 2009 and we can attribute the sales number increase the past month due to the lowering inventory on the island of Oahu. Honolulu County Median sales prices increased 20.5% from September of 2008 to September 2009 and decreased 3.2%  in sales prices from $305,000 to $295,000.

I believe these ups and downs will continue as our market tries to find a happy median. With the FIRST TIME HOMEBUYER TAX CREDIT EXTENSION approved, interest rates still lower and inventory considerable down in all neighborhoods the shifting is evident with more homebuyers in the market.

These Honolulu County Market Statistics vary from neighborhood to neighborhood and I continue to experience multiple offers on homes and townhouses in all areas in Honolulu County including short sales. Stay tuned for more neighborhood market statistics or contact me at sally@hawaiihomesmarket.com for more information!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Celeste "Sally" Cheeseman is a Realtor-Associate with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client's needs, she serves the island of Oahu (Honolulu County) and all Hawaii Military Relocating to Hawaii, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents.

Website: www.hawaiihomesmarket.com

Supporting Hawaii Local Businesses!

                                                       

 

Celeste "Sally" Cheeseman  is a Realtor-Associate® and Certified Residential Specialist (CRS) with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client's needs  she serves the island of Oahu (Honolulu County) and all Hawaii Military Relocations, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents, Home Buyers and Sellers.

 

 © 2007-2015 Celeste "Sally" Cheeseman's

Hawaii Real Estate and Relocation Blog.

All rights reserved.

     

 


 

 

Comment balloon 9 commentsCeleste "SALLY" Cheeseman • November 28 2009 11:51AM
Hawaii Homes Market Report | Honolulu County Real Estate October 2009
share
Honolulu County Real Estate Market Report- October 2009 Honolulu County Housing Market Statistics for October 2009 showed continued activity with the Hawaii Home Buyer picking up on the FIRST TIME HOMEBUYER TAX CREDIT Single Family… more
Pre - Thanksgiving Entertainment
share
Don't ya just love that spouse who is so jealous of all your ActiveRain blogging and the fun you're having that they PURPOSELY shoot a video in hope you'll post it for them? Well, that's what my loving husband Gary did while I was doing an… more
What I'm Thankful For…
share
It's that time of the year when we start thinking about the holidays approaching and in just a few days we have Thanksgiving Day On each third Thursday of November, tradition tells us that it's time to give thanks for the 'harvest' and everything… more
LOTS OF HARD WORK and PATIENCE = Hawaii Short Sale Success
share
During the beginning of the year the Hawaii Short Sale listings were abundant I had tried in vain to get buyers into a 'great deal' althought the time constraints did not work out. Contract after contract and denial after denial. People were… more
Mililani Condo SOLD! Mililani Hawaii Real Estate | Waikalani…
share
Mililani Waikalani Woodlands Condo for Sale! 95-273 Waikalani Drive, D1103, Mililani, 96789 View Map Situated in Launani Valley this two… more
Is a Prequalification Letter Worth the Paper It's Written On?
share
Lending guidelines are continuously changing and very strict when approving a buyer for a loan. That IS a VERY good thing. We NEED to have a well qualified buyer putting in an offer lest it's wasting everyone's time and putting the seller and… more
ALWAYS Have a Back Up PLAN
share
We represent our clients best interests THAT is my first and foremost priority when strategizing the sale of a home. In Strategic Planning + Hard Work = Property IN CONTRACT my planning turned out to be a big positive and the townhouse was in… more
Strategic Planning + Hard Work = Property IN CONTRACT
share
We all talk about how we go above and beyond the call of duty in our businesses and there are many different opinions of exactly what that means. In a market that has been undoubtedly slow we have to be unique in our approach in doing the best we… more
History Surrounding the Makapuu Lighthouse
share
The stone image of "Makapu'u " the supernatural woman and another one of Malei are no longer visible but it is said that Makapu'u (bulging eye) was in the form of a black rock. She was a female kapua (flower, blossom, child) who… more