$1+ million homes selling fast in Hawaii

The high-end market in Hawaii seems to be selling fast.  There are several $1+million homes that have gone under contract soon after being listed showing that buyer demand is likely increasing.  For example, just over the weekend 2 properties went under contract in under 11 days.  The two properties were:

1.  505 Maono Loop, Honolulu in Hawaii Loa Ridge.  Listed for $1.395 million

2.  3041 Hibiscus Drive, Honolulu in Diamond Head.  Listed for $2.25 million.

Then there were two other properties that went under contract under 70 days.  Those were:

1.  3234 Noela Drive, Honolulu, in Diamond Head. Listed for $3.15 Million

2.  820 Onaha Street, Honolulu in Kahala. Listed for $1.699 million.

The changes that are occurring in the high-end Oahu market are happening quickly.  There is sudden demand as buyers enter the market.  It appears that that the increased demand should continue and force prices higher.  To learn more about your options in the Hawaii market.  Contact Malia Leilani Meenderman, Principal broker for Bonnebaker LLC.

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