hawaiianrealty.com hawaiianrealty.com * hawaiianrealty.com hawaiianrealty.com. hawaiianrealty.com hawaiianrealty.com hawaiianrealty.com ANYTHING NEW IN '23? ED HAWAI'I LIFE REAL ESTATE BROKERS hawaiianrealty.com 800-667-5028 ext. 8122 Denise S. Nakanishi RB-17031, ABR, CRS, GRI, SRS "Major Mom is a Major Difference" Area BEST Hawaii 25TH ANNIVERSARY 2022 East Active 2021/ Those sitting on the sidelines might be there were 136 active listings in Hilo. surprised at the comparison between last There are currently 53. The median price year and this. Even with slight inventory was $515,000 compared to $785k today! increases in some areas, all areas continue The number in HPP was 124 active (58 to be severely supply constrained. today). At that time, a median priced HPP We are seeing price adjustments, but home was $341000. Today's number the data shows pricing remains fairly is over $500,000. Sold listings in Hilo consistent with last year. Only in hovered around $366000 and $295000 areas with a small sample size are in HPP. Unfortunately, I do not see pricing we seeing significant (artificial) going back to those pre-pandemic levels. price differences. Remember, One of the most surprising numbers I've 00 1/315000 "available now Gardens numbers seen lately is not related to sales price but contract to rental amounts. I'm noticing rentals in Volcano Golf & 4/399000 1/391000 Country Club Hilo and even HPP now over $2000 per month (west side much higher). It would comfortable buying once they see a property take about 4 people working full-time at they like. After all, if you are going to pay $13/hr or 2 people working 2 full-time such high rent, it may make sense to have jobs to come close to affording those the seller buy the rate down and refinance prices. Many mortgage companies are when rates decline. Some programs advertise getting creative about helping buyers feel zero cost refinancing in the future. Don't see FIND MY COLUMN EVERY SUNDAY OF THE MONTH. Watch "HAWAII add properties under (technically active) to currently active. Because many under contract properties will close, the number of available properties is actually much smaller than noted. An interesting walk down memory lane helps further put majormom@ilhawaii.net things in perspective. In quarter 1 2019, cell 808-936-5100 Sold Under contract 12002 Soldat Or A Days to sale Under contract Projected Activ 2023Media Idays MedianDemand 2023 M Medan and media market 1223 Available Now Or 1200 Or 2002 36/467500 236/09 35/670000 104/550000 70/497500 37/525000 204/95 29/345000 4096 41/598000 80/454000 55/95000 938888849349000 26/362450 6/296000 28/22 6/359000 16/317500 6:354000 13/160000 9/235000 10/224905 7/235000 248 4/451833 19/24 3/395000 34 0/0 00 14/318967 14/354743 18/358005 1425000 2/292500 3/335000 00 0/0 4/597500 Median $3/785515 58/495000 58/505000 51/495000 67 11/259000 24/334000 54 16/340000 7325000 17/199999 2206250 S. Milo HPP Ainaloa Leilani Nanawale Mauna Loa Est, Royal O 15/3628336302250 Pacific Paradise 67 80 8 hawaiianrealty.com 30 your neighborhood? Don't do computer? No problem. We'll even snail mail the information if you wish. Whether buying or selling, Team Nakanishi is always here to help. On to the rest of 2023! Thanks to Hawaii Information Service for the data LIFE" on YouTube! hawaiianrealty.com hawaiianrealty.com hawaiianrealty.com hawaiianrealty.com * hawaiianrealty.com hawaiianrealty.com . hawaiianrealty.com hawaiianrealty.com hawaiianrealty.com ANYTHING NEW IN '23 ? ED HAWAI'I LIFE REAL ESTATE BROKERS hawaiianrealty.com 800-667-5028 ext . 8122 Denise S. Nakanishi RB - 17031 , ABR , CRS , GRI , SRS " Major Mom is a Major Difference " Area BEST Hawaii 25TH ANNIVERSARY 2022 East Active 2021 / Those sitting on the sidelines might be there were 136 active listings in Hilo . surprised at the comparison between last There are currently 53. The median price year and this . Even with slight inventory was $ 515,000 compared to $ 785k today ! increases in some areas , all areas continue The number in HPP was 124 active ( 58 to be severely supply constrained . today ) . At that time , a median priced HPP We are seeing price adjustments , but home was $ 341000 . Today's number the data shows pricing remains fairly is over $ 500,000 . Sold listings in Hilo consistent with last year . Only in hovered around $ 366000 and $ 295000 areas with a small sample size are in HPP . Unfortunately , I do not see pricing we seeing significant ( artificial ) going back to those pre - pandemic levels . price differences . Remember , One of the most surprising numbers I've 00 1/315000 " available now Gardens numbers seen lately is not related to sales price but contract to rental amounts . I'm noticing rentals in Volcano Golf & 4/399000 1/391000 Country Club Hilo and even HPP now over $ 2000 per month ( west side much higher ) . It would comfortable buying once they see a property take about 4 people working full - time at they like . After all , if you are going to pay $ 13 / hr or 2 people working 2 full - time such high rent , it may make sense to have jobs to come close to affording those the seller buy the rate down and refinance prices . Many mortgage companies are when rates decline . Some programs advertise getting creative about helping buyers feel zero cost refinancing in the future . Don't see FIND MY COLUMN EVERY SUNDAY OF THE MONTH . Watch " HAWAII add properties under ( technically active ) to currently active . Because many under contract properties will close , the number of available properties is actually much smaller than noted . An interesting walk down memory lane helps further put majormom@ilhawaii.net things in perspective . In quarter 1 2019 , cell 808-936-5100 Sold Under contract 12002 Soldat Or A Days to sale Under contract Projected Activ 2023Media Idays MedianDemand 2023 M Medan and media market 1223 Available Now Or 1200 Or 2002 36/467500 236/09 35/670000 104/550000 70/497500 37/525000 204/95 29/345000 4096 41/598000 80/454000 55/95000 938888849349000 26/362450 6/296000 28/22 6/359000 16/317500 6 : 354000 13/160000 9/235000 10/224905 7/235000 248 4/451833 19/24 3/395000 34 0/0 00 14/318967 14/354743 18/358005 1425000 2/292500 3/335000 00 0/0 4/597500 Median $ 3 / 785515 58/495000 58/505000 51/495000 67 11/259000 24/334000 54 16/340000 7325000 17/199999 2206250 S. Milo HPP Ainaloa Leilani Nanawale Mauna Loa Est , Royal O 15/3628336302250 Pacific Paradise 67 80 8 hawaiianrealty.com 30 your neighborhood ? Don't do computer ? No problem . We'll even snail mail the information if you wish . Whether buying or selling , Team Nakanishi is always here to help . On to the rest of 2023 ! Thanks to Hawaii Information Service for the data LIFE " on YouTube ! hawaiianrealty.com hawaiianrealty.com