West Hawaii Market update August 2024

Ready for the West Hawaii Trends, Prices & Insights for August 2024?

Lance Owens, LUVA Real Estate and Julie Ziemelis, Real Broker break down the latest trends in the West Hawaii real estate market. In this video, we analyze the numbers from July and discuss the rise in residential home sales, the current state of the condo market, and what these changes mean for buyers and sellers.

Topics Covered:

Residential home sales surge by 46%
Condo sales trends and year-over-year comparisons
Rising home and condo prices: What’s driving the increase?
The impact of high-end cash transactions on the market
Growing inventory and its implications for buyers
Insurance rate hikes and the challenges of homeownership in Hawaii
What to expect as we approach the end of the year

Whether you’re looking to buy, sell, or just stay informed about the West Hawaii real estate market, this update provides valuable insights to help you make the best decisions.

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