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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.

Editorial content by Frances Nuar, except for sponsored posts.

Frances Nuar is a real estate aficionado and writes about real estate every weekday for HONOLULU Magazine.

Have a hot real estate story or tip? Contact Frances.

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