With the month of August ending it is time to look at a couple of statistics for the residential market of Waikoloa Village. This market is definitely happening! 11 new listings came up during the month of August listed from $229,000 (MLS# 237996) to $525,000 (MLS# 237716). Fifty-four percent of these listings are either short sales or REO’s. Â
Buyers have a large inventory to choose from. There are 50 residential listings on the market priced from $224,000 (MLS# 234246)Â to $795,000 (MLS# 231438). If everything goes well the Village will have 26 new homeowners, since 26 escrows are currently waiting to close.
The month of August scores with 11 sales from $194,000 to $475,000. Sixty-three percent of these closed transactions were short sales or REO’s. A regular transaction is no longer part of the landscape.
For an update on Waikoloa Village condos, I would recommend that you read the latest blog of my associate Pat Strausse, another expert on the Waikoloa Village market. I give you “rendez-vous†next month for the September statistics…. Until then, feel free to contact me.
Waikoloa Village Condo Sales Slow Down In August « Hawaii Real Estate Market
September 8, 2010
[…] more about Waikoloa Village home sales, from blog by Catherine Klug. Catherine lives in Waikoloa and also specializes in Waikoloa Village […]
Waikoloa Village Condo Sales Slow Down In August « Hawaii Real Estate Market
September 8, 2010
[…] more about Waikoloa Village home sales, from blog by Catherine Klug. Catherine lives in Waikoloa and also specializes in Waikoloa Village […]