Oahu’s Best Real Estate News

c21 all islands diamond head lighthouse
Oahu’s Best Real Estate Report
 by Mathew Ngo / Century 21 All Islands /

April 2010
  Best Performing Oahu Neighborhoods
The first quarter of 2010 is starting with an upswing of housing activities, it appears the federal housing tax credit and the continuance of the favorable interest rates are the root causes for positives figures across most of Oahu’s neighborhoods. Take a look at the top performing areas for the first quarter.

Highest Number of Sales:
1. Ewa Plain                              163 qty.
2. Waikiki                                   160 qty.
3. Makiki-Moiliili                        117 qty.
4. Waipahu                              117 qty.
5. Pearl City-Aiea                      99 qty.

Highest Median Price:
1. Waialae-Kahala                    $1,298,000
2. Aina Haina-Kuliouou               $948,500
3. Makiki-Moilili                             $880,000
4. Kailua-Waimanalo                  $825,000
5. Kapahulu-Diamond Head     $775,000

Areas with Lowest Days on Market (DOM):
1. Makiki-Moiliili                         38
2. Hawaii Kai                             43
3. Wahiawa                              46
4. Ala Moana-Kakaako          47
5. Mililani                                   48
 MARCH MEDIAN SALES PRICE BY NEIGHBORHOODS
NEIGHBORHOOD & MEDIAN SALES PRICE (March ‘09 vs. March ‘10)

HONOLULU
Waialae-Kahala  $1,450,000  ⬆44.6%  (high-to-low)
Downtown-Nuuanu  $988,000  ⬆42.2%
Makiki-Moilili  $880,000  ⬆40.8%
Aina Haina-Kuliouou  $780,000 ⬇6.6%
Hawaii Kai $770,500 ⬆2.7%
Kapahulu-Diamond Head $710,000 ⬇4.1%
Moanalua-Salt Lake $672,500 ⬇11.7%
Kalihi-Palama $600,000 ⬇14.3%

WINDWARD
Kailua-Waimanalo  $859,500  ⬆22.8%
Kaneohe  $620,000 ⬇4.6%
Windward Coast  $474,950 ⬇17.4%

WEST OAHU
Makakilo  $667,000 ⬆46%
Ewa Plain  $440,000 ⬇3.5%
Makaha-Nanakuli $325,000 ⬆12.5%

CENTRAL OAHU
Mililani  $615,000  ⬆10.3%
Pearl City-Aiea $570,000 ⬆0.9%
Waipahu $517,500 ⬆7.8%
Wahiawa  $350,000 ⬇7.9%

NORTHSHORE
Northshore  $437,500  ⬇28.3%
 
NEIGHBORHOOD & CONDO MEDIAN SALES PRICE (March ‘09 vs. March ‘10)

HONOLULU
Hawaii Kai  $545,000  ⬆5.4%  (high-to-low)
Kapahulu-Diamond Head  $470,000  ⬆0.8%
Aina Haina-Kuliouou  $443,000  NA
Ala Moana-Kakaako  $377,500 ⬆51%
Waialae-Kahala $352,000 ⬇9.7%
Downtown-Nuuana $332,500 ⬇13.6%
Waikiki $320,000 ⬆18.5%
Makiki-Moilili $290,000 ⬇0.1%
Kalihi-Palama  $283,998⬇2.1%
Moanalua-Salt Lake  $272,500 ⬇20.1%

WINDWARD
Kailua-Waimanalo  $376,500  ⬆9.5%
Kaneohe  $355,750⬇16.3%
Windward Coast $307,500  NA

WEST OAHU
Ewa Plain  $320,000 ⬇7.6%
Makakilo  $251,000 ⬆4.1%
Makaha-Nanakuli $95,000 ⬇26.9%

CENTRAL OAHU
Pearl City-Aiea  $295,000  ⬆12.4%
Mililani $292,000 ⬆21.7%
Waipahu $290,000 ⬆4.2%

NORTHSHORE
Northshore  $240,000  ⬇27.7%
US Metro Median Price Chart 2010
   Source: Collateral Analytics and National Association of Realtors

CLICK HERE TO VIEW FULL SCREEN
“Sales in the Oahu residential real estate market have continued to boom over the past several months, and prices have remained relatively steady. ” Brian Benton, president of the Honolulu Board of Realtors. READ MORE
 100 YEARS AGO IN HAWAII
rendering of Honolulu 1901
material & content source: Hawaii State Historic Preservation Division

Here is a glimpse of what life was like early in the 20th century. Look carefully, perhaps you may see a bit of yourself through this window.

Over the past 100 years, styles have changed… technologies have changed… but, this has remained the same: Hawai`i merchants have always catered to the consumer needs of a growing community. Hawai`i residents at the turn of the century were offered more choices, more distractions, and more ways to part with their hard-earned dollars. Here is a small, hopefully entertaining, sampling of what was “out there” in 1901 for anyone who had the time and money. CLICK HERE

The “Black Death,” or Bubonic Plague, had struck Honolulu. Its presence clouded the opening months of 1900 and was on every thinking person’s mind with good reason as the disease had decimated a third of the world’s population during the fourteenth century. In Honolulu, the plague was controlled, but over the course of four months it claimed 61 lives and led to the almost complete destruction of Chinatown.CLICK HERE

Kaumakapili Church in ruinsHawaii Chinatown 1900
material & content source: Hawaii State Historic Preservation Division


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