#KaimukiProperties: Homes Appreciated 8.3%
The demand to live in Kaimuki continues to rise. Comparing resale stats from November 2014 to November 2015, the median price for a single family home in Kaimuki increased 8.2%.
The median price for a single family home in Kaimuki, during October 2015, was $934,000. Within one month, the median price increased $13,500.
To put things in further perspective, November's 2015 median price for a single family home on Oahu was $715,500.
Traditionally, real estate tends to slowdown during the holiday season. It'll be interesting to see if December's median single family price increases too.
Source: Honolulu Board of Realtors
Disclaimer: This is a personal blog. Ryan Oda (#RS-75450) is a licensed real estate salesperson with Benn Pacific Group, Inc (#RB-19423). The opinions expressed here represent my own and not those of Benn Pacific Group, Inc., its agents, and or its affiliates. My thoughts and opinions can change over time. This blog is intended to provide a semi-permanent snapshot of a selection of various thoughts and opinions that may not be the same, or even similar, to those I may hold today.
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