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hawaiianrealty.com hawaiianrealty.com * hawaiianrealty.com. hawaiianrealty.com. ED HAWAI'I LIFE REAL ESTATE BHORE hawaiianrealty.com 800-667-5028 ext. 8122 Denise S. Nakanishi RB-17031, ABR, CRS, GRI, SRS "Major Mom is a Major Difference" hawaiianrealty.com hawaiianrealty.com. hawaiianrealty.com hawaiianrealty.com LOOKING AT QTR 3 OF 2023 I don't expect you to recall that during Qtr inventory condition in Royal Hawaiian 3, 2022, I was a bit under the weather Estates and Ohia Estates. The demand so no report was prepared. Hence, I'm numbers are always a bit inflated but using numbers from the second quarter are still an important indicator of market of 2022 to help get a sense of market direction. I've been asked many times if direction, if possible. I say "if possible" the Lahaina fires will affect our market. I because the numbers are really not easy have heard of buyers already looking even to interpret. Despite higher (not though I do not think there has been any high, mind you) interest rates, we insurance payouts or federal relief. One still have tremendous demand for interesting loan feature we are seeing our East Hawaii product (see is lenders offering no-cost refinance projected demand column). programs during (as I recall) the next The median numbers, in many 5 years if rates decrease as expected. cases are very skewed because Speaking of Mauna Loa Estates, if you available inventory is depressed look at the sales numbers in Volcano area and, in many cases, substandard. neighborhoods, it seems that market Current under contract Ainaloa inventory is extremely busy. Interestingly, the consists of properties that need number of VA and FHA loans indicates significant work. The median sold prices that many buyers are owner-occupants. I in Mauna Loa Estates was $412,500 will leave the rest for you to interpret. I'm see your neighborhood? As always, feel free to give us a call or drop us an email so we can deliver your personalized MARKET REPORT directly to your inbox. It's free and no one will cell 808-936-5100 majormom@ilhawaii.net but is being similarly dragged down by sure you will find much of interest. Don't call. Don't do computer? No problem. We'll FIND MY COLUMN EVERY SUNDAY OF THE MONTH. Watch "HAWAII LIFE" on YouTube! FIRST PLACE BEST Hawaii 2023 Cast Herald REAL ESTATE AGENCY Area S. Hilo HPP Ainaloa Leilani Nanawale Mauna Loa Est Royal Oa Pacific Paradise Gardens Volcano Golf & Country Club A #Sol 2023 Med Active S2023 Med Sold 71/775000 50/571500 66/591000 63/445000 40/353000 10/257000 11/200000 13/344333 19/269000 12/362000 18/257500 17/282333 ONA ONA 8/472450 Under contract OTR 2 205/5 Under contract 39/529000 36/504500 15/360000 4/164450 2/225000 11/179900 ONA 1/749785 Projected Dead 2023 Currently Rsail 200/110 252/102 160/38 40/16 44/20 52/28 80 321 Activ 2002 Med 69909000 #solded Sold S 2222 1/325000 1/475000 77/545000 65/589900 89/500000 23/385000 30/349050 9/357000 10/190000 12:350000 14/237000 7/435000 0/0 even snail mail the information if you wish. Whether buying or selling. Team Nakanishi is always here to help. Onward to the end. of 20231 Thanks to Hawai Information Service for the data hawaiianrealty.com hawaiianrealty.com hawaiianrealty.com hawaiianrealty.com * hawaiianrealty.com . hawaiianrealty.com . ED HAWAI'I LIFE REAL ESTATE BHORE hawaiianrealty.com 800-667-5028 ext . 8122 Denise S. Nakanishi RB - 17031 , ABR , CRS , GRI , SRS " Major Mom is a Major Difference " hawaiianrealty.com hawaiianrealty.com . hawaiianrealty.com hawaiianrealty.com LOOKING AT QTR 3 OF 2023 I don't expect you to recall that during Qtr inventory condition in Royal Hawaiian 3 , 2022 , I was a bit under the weather Estates and Ohia Estates . The demand so no report was prepared . Hence , I'm numbers are always a bit inflated but using numbers from the second quarter are still an important indicator of market of 2022 to help get a sense of market direction . I've been asked many times if direction , if possible . I say " if possible " the Lahaina fires will affect our market . I because the numbers are really not easy have heard of buyers already looking even to interpret . Despite higher ( not though I do not think there has been any high , mind you ) interest rates , we insurance payouts or federal relief . One still have tremendous demand for interesting loan feature we are seeing our East Hawaii product ( see is lenders offering no - cost refinance projected demand column ) . programs during ( as I recall ) the next The median numbers , in many 5 years if rates decrease as expected . cases are very skewed because Speaking of Mauna Loa Estates , if you available inventory is depressed look at the sales numbers in Volcano area and , in many cases , substandard . neighborhoods , it seems that market Current under contract Ainaloa inventory is extremely busy . Interestingly , the consists of properties that need number of VA and FHA loans indicates significant work . The median sold prices that many buyers are owner - occupants . I in Mauna Loa Estates was $ 412,500 will leave the rest for you to interpret . I'm see your neighborhood ? As always , feel free to give us a call or drop us an email so we can deliver your personalized MARKET REPORT directly to your inbox . It's free and no one will cell 808-936-5100 majormom@ilhawaii.net but is being similarly dragged down by sure you will find much of interest . Don't call . Don't do computer ? No problem . We'll FIND MY COLUMN EVERY SUNDAY OF THE MONTH . Watch " HAWAII LIFE " on YouTube ! FIRST PLACE BEST Hawaii 2023 Cast Herald REAL ESTATE AGENCY Area S. Hilo HPP Ainaloa Leilani Nanawale Mauna Loa Est Royal Oa Pacific Paradise Gardens Volcano Golf & Country Club A #Sol 2023 Med Active S2023 Med Sold 71/775000 50/571500 66/591000 63/445000 40/353000 10/257000 11/200000 13/344333 19/269000 12/362000 18/257500 17/282333 ONA ONA 8/472450 Under contract OTR 2 205/5 Under contract 39/529000 36/504500 15/360000 4/164450 2/225000 11/179900 ONA 1/749785 Projected Dead 2023 Currently Rsail 200/110 252/102 160/38 40/16 44/20 52/28 80 321 Activ 2002 Med 69909000 #solded Sold S 2222 1/325000 1/475000 77/545000 65/589900 89/500000 23/385000 30/349050 9/357000 10/190000 12 : 350000 14/237000 7/435000 0/0 even snail mail the information if you wish . Whether buying or selling . Team Nakanishi is always here to help . Onward to the end . of 20231 Thanks to Hawai Information Service for the data hawaiianrealty.com hawaiianrealty.com