We all know that the First Time Buyers Home Credit added to recent sales but expired at the end of April 2010. Most everyone now wants to see the sales continue to climb but are unsure how the market is going to respond to the loss of the First Time Buyer's Credit.
September 8th. 2010
A.C.S. % Single Family Home: 32% = -2% from August 31st.
A.C.S. % Condo/Town Homes: 25% = +2% from August 31st.
Current Inventory Single Family Homes: 1,453 Total in Escrow (A.C.S.): 469
Current Inventory Condo/Town Homes: 2,054 Total in Escrow (A.C.S.): 504
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Total Single Family Homes Sold September 1st. 2010 to Date: 55 Or 6.9 / Day. Avg. Sold Price: $696,540
Total Condo/Town Homes Sold September 1st. 2010 to Date: 51 Or 6.4 / Day. Avg. Sold Price: $406,919
Total Single Family Homes Sold August 2010: 220 Or 7.1 / Day. Avg. Sold Price: $836,719. A.C.S. % August: 34%
Total Condo/Town Homes Sold August 2010: 294 or 9.5 / Day. Avg. Sold Price: $467,232. A.C.S. % August: 23%
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Disclaimer I hope you all have enjoyed this report and found it beneficial in your research of Hawaii Real Estate. As always, please remember to check as many resources that you personally trust to properly arrive at an overall evaluation of this subject matter. All buyers and sellers should draw their own conclusions and conduct their own investigations. Final Notes
In evaluating Hawaii Real Estate investments you should conduct your research on the data, interview agents and brokerages and consult mortgage lenders. By all means feel free to contact me for your personal questions you may have. I can be reached via the below information: Mike Gallagher 808-951-3200 Office My Cell: 808-384-9015 My Email: Mikeg@hawaii.rr.com Neighborhood Reports and a wealth of Hawaii Real Estate subject matter can be found also at: Hawaiirealestatestatistics.com
I wish you all my Aloha and ‘Good Luck’ in your investigations! Much Aloha, Mike Gallagher
If your property is listed, please disregard. It is not our intention to solicit the offerings of other Brokers. We will cooperate fully. This publication is neither endorsed by Abe Lee or Abe Lee Realty. The opinions and information are only those opinions of the author. Statistics are from the Honolulu Board of Realtors. All material is deemed reliable but not guaranteed. Any copying or distribution of this material herein is STRICTLY UNAUTHORIZED without express written permission from the Author.
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