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RECENTLY SOLD
$ 800,000 6.7%
$ 750,000
4 Beds2 Baths1,467 SqFt47-446 Aialii PL, Kaneohe, HI 96744
Single Family Home
Listed by BHGRE Advantage Realty
$ 815,000 0.6%
$ 810,000
3 Beds3 Baths1,529 SqFt92-7167 Elele ST #702, Kapolei, HI 96707
Condo
Listed by Engel & Volkers Honolulu
$ 710,000 1.6%
$ 699,000
3 Beds3 Baths1,183 SqFt91-2069 Kaioli ST #604, Ewa Beach, HI 96706
Condo
Listed by Real Broker, LLC
REVIEWS
Thank you Sharon for all of your help! I am so grateful for all of the hard work you've done to help me sell my home. I am endlessly grateful to have you and I couldn't be very happier with the way everything worked out. Thanks again!
SHARON FOUNTAIN, RA
REVIEW: Yong / SELLER
We could not have chosen a better more experienced realtor. We experienced some very challenging tenant issues and we were at the mercy of others being out of country owners - Ed remained always professional and guided us through - he not only sought remedies that presented opportunities for our tenant and allowed us to get top dollar for the house. Our expectations were exceeded as a result of Ed's experience and professionalism.
ED CHONG, R
GOOGLE: Lori & Joe / SELLER
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MY BLOGS
O'ahu Real Estate Market Closes 2024 With Positive Momentum
December closed out the year with a jump in sales for both single-family homes and condos. Single-family home sales totaled 228, a 25.3% increase from the previous year, while condo sales rose 18.8% to 323 compared to last December. Year-over-year, the median days on market for single-family homes shifted slightly from 18 to 20 days, while the condo median days on market rose from 26 to 36 days. Both markets recorded a modest year-over-year uptick in median sales prices, with single-family homes increasing 5.8% to $1,054,500 and condos growing 5.9% to $540,000, setting a new record above the previous high of $536,000 from March 2023. December condo sales at $500,000 and above rose 30.5%, while sales at $499,999 and below grew by just 6.1%. "While the positive sales momentum in 2024 highlights a resilient market, affordability challenges remain a significant hurdle for many buyers," said Trevor Benn, President of the Honolulu Board of REALTORS®. "Elevated mortgage rates and rising homeownership costs, including maintenance fees and insurance, continue to shape buyer behavior and influence the dynamics of the market." 2024 Year-End Stats Overall in 2024, O‘ahu's housing market showed a mix of positive growth and persistent affordability concerns. O‘ahu's housing market ended 2024 with a 1.7% increase in total sales, driven by a 9.1% rise in single-family home transactions. In contrast, condo sales dipped 2.5%. Overall, 2,793 single-family homes and 4,459 condos were sold throughout the year. In 2024, 29% of single-family home sales closed above the original asking price, consistent with 2023. For condos, the share of sales exceeding the asking price declined to 16%, down from 21% in 2023. A comparison of sales from 2022 to 2024 shows average monthly condo fees climbing 28% for studios and 17%, 18%, and 23% for 1-bedroom, 2-bedroom, and 3+ bedroom units, respectively. The year ended with higher inventory levels than a year ago, with 675 single-family home listings, a 12.5% year-over-year increase, and 1,928 condo listings, up 56.2% from the previous year. Source: Honolulu Board of Realtors
Read MoreExciting Development: The Future of Aloha Stadium Takes Shape!
Renderings Courtesy of Aloha Halawa District Partners A landmark agreement was reached between the State of Hawaii and Aloha Halawa District Partners (AHDP) to bring to life the New Aloha Stadium Entertainment District (NASED). This transformative project promises to redefine the Halawa area with a vibrant mix of housing, entertainment, and commercial spaces conveniently located near the rail line. 🏢🚇✨ A Visionary Team 📚💡⚒️The AHDP partnership, spearheaded by Stanford Carr Development, LLC, is composed of renowned equity members including Development Ventures Group, Inc., Ameresco, Inc., and Aloha Stadium Community Development, LLC (The Cordish Company). The design will come to life with the expertise of RMA Architects, Populous, SB Architects, Henning Larsen, Alakea Design Group, and WCIT Architects. On the construction front, Hawaiian Dredging Construction Company, Inc. and AECOM Hunt will lead the charge, supported by other members Castle & Cooke Hawaii and Wilson Okamoto Corporation. 🌐🌿✨ What’s Coming 🌆🚜🍽️A few days ago, Stanford Carr shared his vision for NASED embracing what he called "a new urbanism" on the 98-acre property. Highlights include: A state-of-the-art stadium built on the footprint of the old Aloha Stadium, targeting completion in time for the 2028 University of Hawaii football season. Approximately 4,000 residential units, ranging from workforce rentals to luxury homes. Thousands of square feet of commercial space, including retail, restaurants, and museums such as the Hawaii Music Hall of Fame. A 21st-century elementary school and other community amenities. 🏢🎨💰 A Dynamic Skyline 🌇🌲🎡“Our goal is to have a choreography of building heights so that we create an interesting skyline,” said Carr. Building heights and densities will be strategically staggered, with taller towers surrounding the stadium to create a visually captivating environment. 🏡🕰️✨ Transformational Impact 🌟🍋🌞"It’s exciting to see this whole area evolve where I once lived as a child and played amongst the sugar cane and waterways and then again later as a homeowner," says Ed Chong of ONE Pacific Realty. He continues, "This ambitious development will be a cornerstone for economic growth and a vibrant community hub, blending Hawaii’s rich culture with modern living." Stay tuned for updates as NASED progresses toward becoming a reality! 📊🌺✨
Read MoreWOW, Snowing Stats In Hawaii
O’AHU, HAWAII: 🎄 November Single-Family Home and Condo Sales Up Year Over Year.Single-family homes and condos report double-digit increases, median prices remain stable.Although there was a seasonal drop in sales from the month before, year-over-year sales in both single-family homes and condos are up. Single-family home closings were up 12.8% over a year ago, at 203, and condo closings were up 10%, reaching 341, while median sales prices for both remained stable.More properties are being offered for sale compared to a year ago, and there is sustained demand from prospective buyers.🎄DM For the complete report.📷 Ward Village#MonthlyStats #NovemberReport #HawaiiRealEstate #WardVillage #SouthShoreVillage #Kakaako#LuckyWeLiveHi #AtHomelnThelslands#OnePacificRealty
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