Here is a snapshot of June 2017 Market Statistics for Hawaii. You can also see neighborhood values comparing 2016 and 2017. The single family home price continues to climb.
I usually see clients choosing a home over a condominium when they have more than four people or a large pet in their household as there are not many condominiums larger than 1200 sq.ft. Some clients are choosing to move up from a small condominium to a multi-family property where they have the option of renting out a unit or having a relative live with them. Airbnb has affected Hawaii which is a visitor destination.
Statistics alone may not tell the complete story for your property. Neighborhood issues, spurious low or high sales in your area, individual owner issues affect sales price. Please call me at 808-387-1474 so we discuss your property or situation.
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