Best in Real Estate Hawai‘i 2016 Fast Facts

 

  • On O‘ahu, the number of condos sold each year is two or three times that of single-family homes.

  • Abe Lee Seminars hosts dozens of real estate continuing-education classes. Go to abeleeseminars.com to learn more.

  • In 2004, 4,702 single-family homes changed hands, the highest number on record. In 2015, there were 3,455.

  • The fine for illegally operating a short-term vacation rental in Honolulu is $1,000 a day.

  • The most expensive single-family home for sale on O‘ahu right now is a beachfront estate in Kailua listed for $28 million.

  • Duke Kahanamoku’s Royal Circle home is for sale for $8,875,000. Read about the property (and see pictures) at bit.ly/hndukehome

trivia Sources: Abe Lee Seminars, Coldwell Banker Pacific Properties, Department of Planning and Permitting, Honolulu Board of Realtors