Sandwich Isles Realty Reports Home Listing Prices Are Dropping in Kaimuki

Home listing prices have decreased 12.9 percent in a matter of weeks, leading many to believe now is the time to buy, announces

Once the property of King Kalakaua and a place where ostriches roamed wild, Kaimuki now serves as a popular residential area in Hawaii. Its close proximity to Honolulu attracts many, as they able to have the best of the city, the country and the gorgeous beaches all within easy distance. Individuals wishing to learn more about Kaimuki homes for sale may contact Sandwich Isles Realty for more information on the beautiful neighborhood.

"According to Trulia, the average listing price for Kaimuki homes for the week ending January 27, 2016 came in at $1,423,764. This equals a decline of $34,298 or 2.4 percent as compared to the previous week. Average listing prices for homes dropped 12.9 percent in the period between January 6, 2016 and January 27, 2016, leading many individuals to believe now is the time to buy," Kimo Smigielski, the spokesperson for Sandwich Isles Realty, announces.

The average household income in Kaimuki comes in at $45,112, while the average family income is reported as $56,311. In addition, the average value of owner-occupied housing units is $286,700, significantly higher than the state average of $272,700. Homes overlooking the water tend to cost more than those located in the center of Kaimuki, and there is a home for everyone, from those just starting out to couples looking to retire and enjoy the beauty of the state.

"Many individuals working in Honolulu find they wish to live in this area, as the commute to their job only takes approximately 15 minutes. Families love visiting Kahala Beach, Diamond Head Beach and the breathtaking beaches of Waikiki. There's no Starbucks in the area, as residents prefer to spend their money as the local boutiques and mom-and-pop businesses, and there are plenty of restaurants to choose from. One finds everything they need when they choose to move to this location," Smigielski continues.

Residents may spend their Saturday at the farmer's market, take in a show at the Diamond Head Theatre or do some shopping at Kahala Mall. Students wishing to pursue higher education may choose between Chaminade University and Kapilolani Community College, and parents love the public and private school options for younger children. These are only a few of the many reasons why people opt to call Kaimuki home.

"Contact Sandwich Isles Realty today to learn more about current homes for sale in the area. There's something for everyone, from an estate on the water to a small home in the center of town. We work with clients to find the perfect residence for their unique needs," Smigielski states.

About Sandwich Isles Realty:

Sandwich Isles Realty is known for developing professional, attentive relationships with clients over the twenty years they have been serving the community. Assertive marketing tactics help sellers move their homes quickly, and they appreciate the marketplace knowledge and absolute confidentiality seen with the agents. All homes listed for sale include a personalized website of the property and interactive floor plans. In addition, the agents specialize in the diverse neighborhoods across Oahu and some native Japanese speakers are employed by the firm to ensure more clients can be served.

Contact Info:
Name: Kimo Smigielski
Email: Send Email
Organization: Sandwich Isles Realty
Phone: 8087355585

Release ID: 103447