Oahu Real Estate Market Update



The Oahu real estate market is diverse with both buyers and sellers alike seeking a variety of different properties. As a prospective seller, you can find out the market value of your property with a free home value report right here, or if you're looking to purchase in the Oahu area click here for full MLS access. Always feel free to reach out to us for any questions regarding the current market conditions, or the value of your property at 480-231-0782

Aloha! Today we're going to be discussing the real estate market here in Hawaii and how it's faring.

The market here started out hot in 2015, and there is definitely a good amount of inventory, but you'll still find that we're in a balanced market that's leaning towards a seller's market. 

The average increase in home prices has remained steady at 1% per month, and this has been occurring for almost seven years. The average condo price right now is $370,000 and the average home price is $650,000

In my own estimation, I believe that now is a great time to buy - but there's never really a bad time to buy. Historically low interest rates and very low down payment requirements with products like Fannie Mae and Freddie Mac can boost your buying power phenomenally. 

If you want to buy, you're going to need a good agent like myself, so please be sure to contact me. I would be very happy to assist you!

In order to get what you want with your real estate professional choose me or my team. I highly recommend "Listening Deeply" to this TED Talk By Brene' Brown entitled: "Vulnerability." Allow 20 minutes when you can take a breath and exhale.