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April 2017 Condo Stats


The Honolulu Board of REALTORS recently released April 2017's market press release. The report stated that 44% of April's condo sales were between the $300,000 - $499,999 price range.

The majority of my millennial first time home buyers are prequalified in this price range. This is a competitive price range because my clients are often going against investor, all cash Buyers.

The $300,000 - $499,999 is an attractive price range because one can purchase a condo with a reasonable monthly maintenance fee. Here are some of the condos that sold last April.

Village Maluhia #706

$305,000 - Sold Price

Waiau Gardens Kai #G-2

$350,000 - Sold Price

Parkglen at Waikele #S202

$396,000 - Sold Price

Haiku Point 2 #2R

$450,000 - Sold Price

Kapiolani Banyan #309

$495,000 - Sold Price

What do you think? You don't have to break the bank when you purchase your first home.

-RO

#ryanoda #realestate #buyers #sellers

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Ryan Oda (RB-23073) is a Real Estate Advisor with Forward Realty (RB-19423) in Honolulu, HI.