June 2024 Hawaii Real Estate Market Report | Island-Wide Update

June 2024 Hawaii Real Estate Market Report | Island-Wide Update
Julie Ziemelis, Realtor, Real Broker moderates our monthly island wide update. Join us as we delve into the June 2024 market report, featuring insights from our parters across different regions of the island and our mortgage expert, Joe Eagan.
West Hawaii Market Insights:
Condos: A significant 50% drop in sales compared to last year.
Homes: A slight increase in single-family home sales with current market trends and price updates.
Neighborhood Trends:
Pualani Estates:
Current listings, sales, and market dynamics.
Alii Lani: Active listings and recent sales activity.
Lahi Makai: Market trends and price movements.
Luxury Market & Other Regions:
Waikoloa Village:
Luxury listings and market performance.
Mauna Lani: Insights into high-end real estate activities.
Kohala Region: Limited activity with focus areas.
East Hawaii Market:
Puna District: Median prices, days on market, and list-to-sales price ratio.
South Hilo: Market trends and current statistics.
Financial Insights:
Mortgage rate trends and future projections by Joe Egan.
Impact of upcoming NAR settlements on real estate transactions.
Key Takeaways:
How insurance assessments are affecting the condo market.
The resilience and adjustments in the single-family home market.
Detailed neighborhood insights for potential buyers and sellers.
Financial trends and advice for navigating the current market.
Upcoming legislative changes and their impact on buyers and agents.
Stay informed with the latest real estate trends and insights from industry experts. Whether you're looking to buy, sell, or invest, our team is here to provide you with the knowledge and guidance you need to make informed decisions.
Contact Us:
Julie Ziemelis | RS-85062
REAL Broker
[e-mail]
808-333-1004
www.365hawaiiliving.com
Don't forget to like, comment, and subscribe for more updates!
Thank you for watching, and we look forward to helping you with your real estate needs in Hawaii. Mahalo!
#HawaiiRealEstate #MarketUpdate #RealEstateTrends #HawaiiHomes #LuxuryRealEstate #365RealBroker #JulieZiemelis #WestHawaii #EastHawaii #FinancialInsights #NARSettlements #RealEstate2024 #BuySellInvest

[@MichelleKnight-y7u]

Awesome fire works tonight

[@RosenkeArt]

Mahalo for addressing NAR issue

[@365HawaiiRealEstateInfo]

Thanks for this comment..we will be talking about it ALOT more as we get closer to August 17th when it all goes into effect!

[@lovely-mk4rt]

How could I see the HPP listings?

[@365HawaiiRealEstateInfo]

Contact Amber at [e-mail] - she can get you set up on a listing alert and get you what is on the market right now in your price range.

[@rickdesarle9875]

Real Estate Crash Incoming.

[@365HawaiiRealEstateInfo]

Softening. The dynamics are not in place for a crash..too many people have too much equity in their homes.

[@rickdesarle9875]

@@365HawaiiRealEstateInfo Pick whatever pronoun you want. Banks will fail.