|
Central Oahu Real Estate
The number of people choosing to invest in Oahu real estate is truly staggering, but one trip to this exciting and beautiful Hawaiian city and you'll surely understand it's remarkable allure. On average, more than 1,000 residential properties are sold each quarter, and an additional 2,000 condominiums are sold each quarter, making Honolulu real estate a very hot commodity. The average sale price of a home in Honolulu is approximately $600,000, with the average selling price of a Honolulu condominium running at about $300,000.
If you find these numbers surprising, keep in mind that these are average figures for the entire Honolulu area. As with any real estate transaction, the key to remember is location, location, location, and Honolulu is no exception. For example, within Honolulu, the average selling prices of homes in specific neighborhoods can vary dramatically. Prestigious Diamond Head and Hawaii Kai draw the highest prices, with single family homes selling for nearly $1 million on average, and condominiums selling for half a million dollars on average.
Central Oahu real estate is more affordable, with an average single-family dwelling priced at about $600,000 and condominiums selling for around $300,000. Leeward Coast real estate is surprisingly affordable, with an average home price of just $350,000 and condominiums selling for under $200,000. Real estate in Ewa Plain is more around the middle mark, with single-family homes priced at about $500,000 and condominiums available for an average of $300,000.
No matter where you choose to purchase real estate in Oahu, you'll want to partner with real estate professionals who are familiar with the local markets and can assist you throughout the entire home buying process. Whether you're searching for the ideal second home, new home, retirement residence or investment property, trust the real estate professionals at Dower Realty Premier Properties Inc. Denise Drake can assist you in finding your ideal real estate in Ewa, Central Oahu or the Leeward Coast of Oahu. To book an appointment or learn more, contact Denise Drake directly at 808.780.4259 today.Start writing here... |
|
|