The rental market seems to be steady. It is progressing quietly with no fanfare like the single-family market. The number of available units, although fewer than in the past, remains stable. If advertised adequately in advance, there are rarely vacancies and it is rare for units to be reserved for a renter several months into the future since there is a large pool of renters to contract for a space usually immediately. To learn about our concierge rental management services email concierge@caronb.com or call (808) 593-9826.
Rentals Available as of March 15:
- 605 Long Term Available, 452 Rented in the Last 30 Days
- 35 Short Term Available, 8 Rented in the Last 30 Days
- 17 Vacation Available, 0 Rented in the Last 30 Days
Long-Term Rentals Information- Past 30 Days Compared to the Same Time Last Year:
- 452 Rented, down 24.5%
- $2,200 Median Rental Price, up 7.3%
- 26 Average Days on Market, 6 Days Faster
- Received 99.9% of Rental Price
Luxury ($4,000+/mo) Long-Term Rentals Information:
- 33 Rented, up 22%
- $4,800 Median Rental Price, no change
- 32 Average Days on Market, 4 Days Faster
- Received 101% of Asking Price
Highest Rental in Past 30 Days:
61-785 Papailoa Road, Haleiwa
5 Bedrooms/6.5 Bathrooms/ 5,200 sq ft living/23,889 sq ft land
Rented for $45,000/mo
This North Shore estate sits on over half an acre of land with 101 linear feet of beach frontage. With two dwellings, a lap pool, jacuzzi, and direct ocean access, it’s a great retreat property.
We would be happy to answer any property management or real estate sales questions you have. Call us to schedule a private consultation at (808) 593-9826 or email concierge@caronb.com
