September 2019 Oʻahu Real Estate Market Trends

• Single family homes sales increased by +12.3% in September. Any double-digit increase like this is a significant one!
• The median prices dropped for single family home sales -4.4%. This shows that buyers are getting better value for their purchases.
• Active listings climbed +13.7%. Since this is almost equal to the amount of sold homes, it tells us that inventory is stable.

Want to understand the data better? Contact Sam for a personal consultation! Making Realty Dreams A Reality!

ʻEwa Plain Stats

The September monthly statistics for the ʻEwa Plain include Kapolei and ʻEwa Beach.

• The ʻEwa Plain is very active with a large number of home sales, compared to other region on Oʻahu.
• Overall unit sales and sales prices were up for September, which shows a healthy market continues.
• Average sales prices usually track consistent with average days on market, as prices will drop as inventory sits longer.
• The price chart at the bottom shows average sales price tracking very close to average asking price, so sellers are still able to achieve their goals.

Sam’s Commentary

I am representing buyers that are in process of a purchase at Ko Olina Coconut Plantation, and want to share some of the wonderful things I learned.

Coconut Plantation is the center section of the housing area at Ko Olina, by the retail center across from the Aulani hotel. It’s a convenient location for getting in and out of the development, close to shopping and restaurants, and is a gated community for privacy and security.

Also, some fantastic amenities:

• Two swimming pool centers, each with jacuzzis and outdoor grills.
• The main swimming center has a club house which owners can use for private parties.
• A Zen spa, consisting of a secluded jacuzzi area, for total relaxation.
• Access to a health club and tennis courts, located by the golf course.
• Free access to the water sport activities at Lagoon #4.

This housing complex offers vacationers and full-time owners luxury resort living in Kapolei!

Sam Paltikian is a REALTOR-ASSOCIATE®, RS-79996, at Coldwell Banker Pacific Properties: (RBO-16781)