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American Dream TV Hawaii! |
| | In case you missed it, my most recent American Dream TV episode aired last week Sunday on ABC locally here in Hawaii featuring my good friend Kamea Hadar and his mural artwork in Kaka'ako, a Lamborghini Huracàn EVO supercar, and a Waiea penthouse with its own private rooftop swimming pool and jacuzzi. Enjoy! |
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O'ahu Home Sales Remain Sluggish Amid Holiday Season |
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Median sales prices steady month over month |
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Big news last week the Feds met and decided to hold interest rate steady for the third straight time and set the table for 3 cuts to come in 2024 and beyond. Following this decision, the stock market jumped more than 400 points surpassing 37,000 for the first time. If you are a buyer who was waiting for prices to come down, you are too late. Interest rates have already come down and this will send prices upwards again. If you are a seller, it might be a good time to be patient and wait until the latter part of the year if you are able to, in order to attract more qualified buyers. Do you have a particular real estate question that I could help answer? Reach out directly and I'd be happy to chat with you. |
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| November property sales declined slightly year-over-year, with total combined sales for the month dipping about 8% compared to November 2022. Single-family home sales declined by 6.3%, while the condo market saw an 8.8% decrease. Both markets saw median sales prices in November that closely resembled October 2023 figures. Year-over-year, the median price of a single-family home dipped 4.3% to $1,100,055. Conversely, condos marked a 7.5% increase to $516,179. |
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| New Project: Launiu Ward Village |
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| The next project to come to Ward Village is called Launiu. It will be on the corner of Ward & Ala Moana on the "front row" with unobstructed ocean views. It will be released to the public Jan 2024, but I can get my clients in before that with the best possible pricing: Studios: 440 - 498 sqft and range from $714,000 - $842,000
1 BR: 782 - 812 sqft and range from $1,004,000 - $1,310,000
2 BR: 1,013 - 1,557 sqft and range from $1,731,000 - $3,137,000
3 BR: 1,630 - 1,677 sqft and range from $3,350,000 - $4,397,000 Register your interest for Launiu Ward Village below and schedule your private presentation so you can learn more about the project and see if it's the right fit for you: |
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| | 92-787 Makakilo Drive, Unit D28 |
| 3 BD 2 BA 1113 SF $525,000 |
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| | | 4 BD 0 BA 1352 SF $1,080,000 |
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| | | | 300 Wai Nani Way, Unit II215 |
| 1 BD 1 BA 570 SF $460,000 |
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| | 1388 Kapiolani Boulevard, Unit 1604 |
| 1 BD 1 BA 521 SF $790,000 |
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| | | | 98-288 Kaonohi Street, Unit 4202 |
| 2 BD 2 BA 890 SF $575,000 |
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| | 1341 Kapiolani Boulevard, Unit 16B |
| 2 BD 2 BA 1136 SF $850,000 |
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| | | | 55 South Judd Street, Unit 2209 |
| 0 BD 1 BA 600 SF $320,000 |
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| | | 223 Saratoga Road, Unit 1420 |
| 0 BD 1 BA 491 SF $550,000 |
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| | | | | 4 BD 1 BA 801 SF $1,140,000 |
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| A home isn't just a place to lay your head; it's a reflection of your style. By purchasing at Kuilei Place during our pre-construction period, you'll have the opportunity to customize the color palette of your future kitchen and bathroom. Contact me for a current price list and to schedule your private presentation! |
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| | | | Nanea II at Koa Ridge is Now Available For Sale. The largest home series at Koa Ridge, Nanea II offers three- and four-bedroom detached single-family condominium home designs ranging in size from 1,314 to 2,228 s.f. of living area. Prices start from the $1.1M’s. Contact me to setup your private presentation to learn more! |
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Are you looking to buy or sell property in 2024? |
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| | Ben Fieman
Realtor Broker | RB-23470 | MBA Compass Hawaii, Founding Agent Career: $200M+, 250+ Transactions
Work: 808.400.7007
Email: Ben@Fieman.com |
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Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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