Hawaii condos
Hawaii has been effectively closed to tourists since March 26th. I say “effectively” because while you could visit, all visitors had to quarantine for 14-days – in your room for two weeks, food and toilet paper had to be delivered (here). And even if you could go out, most businesses and recreational activities (e.g. beaches)…
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Overall, the Honolulu Market continues to go from strength to strength, with price increases unbothered by increasing inventory. Often, when inventory rises, prices take a hit as buyers with more choice have increased bargaining room. Not in Hawaii. The only hint of more inventory has been an increase in days on market For single-family homes,…
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The market for Honolulu condos makes Dallas look like Sleepy Hollow. Even the ultra-tony Bleu Ciel with its recent price hikes is only pricing its smallest unit at a meager $640 a square foot. Compare that with still-being-built Honolulu high-rises Anaha and Waiea where a 435-square-foot studio on a no-view floor will run ya nearly…
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