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Wednesday, June 1, 2011

The scoop on real estate in Kaneohe

If you’re thinking of buying or selling a home in Kaneohe, the research team at Prudential Locations has some statistics to help you in your decision.

According to the research team, the demography of the area is very mixed, but is mostly comprised of longtime local families, many in multi-generational homes. Residents love the laid-back, friendly atmosphere of their neighborhoods and rarely leave. As a result, there is a low supply of homes for sale with high demand, which has kept Kaneohe home prices steady with a 2 percent increase over the same time last year.

Low Days on Market show that the demand is high and there are a lot of qualified and interest buyers on the market for homes in the Kaneohe neighborhood.

Prudential Locations data shows that the strongest price point in the Kaneohe market are homes that are listed in the $600,000 range, like this home listed by Pat Gardner. It’s $695,000, with three bedrooms and two baths, an upgraded older home on a 9,476 square foot lot.

Homes like this in Kaneohe usually sell within a few weeks, with multiple offers, so act fast!

Money talk: $695,000 fee simple
Contact: Pat Gardner, Prudential Locations, 808-271-4623, Pat.Gardner@pruhawaii.com

Posted on Wednesday, June 1, 2011 in Permalink

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About This Page

Honolulu Real Estate focuses on the Hawaii housing market, condos and homes for sale, Hawaii rentals and general news about real estate in Hawaii. It also includes stories on apartment living, home decor and profiles.
 


Melissa Chang graduated from the University of Hawaii with a degree in journalism and has been blogging since 2007, mostly on food and travel. She works primarily in social media, so you can find her online @Melissa808 on Twitter and Instagram.


 


Jaymes Song is a real estate agent at Prudential Advantage Realty in Kahala. Jaymes is in the top 7 percent of Prudential agents nationwide. Previously, Jaymes was at The Orange County Register, Honolulu Star-Bulletin and rose through the ranks to overseeing news and operations for AP in Hawaii and the Pacific Rim. Jaymes lives in the Portlock area and loves his real full-time job of being dad to two curious kids.


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