Our agent and Broker-in-Charge, Doug Davis, represented a buyer client in the purchase of a condo at Diamond Head Ali’i. Doug used his expertise on the real estate market and the neighborhoods of Oahu to educate his client about the market in her desired area.
Doug’s client wanted a house but was priced out of the single-family home market. The homes in her price range were in poor condition that would need more money for renovations and always had bidding wars to get them driving the price up further. They decided to look for a condo instead; this allowed them to find a property that was both in her budget and offered what she was looking for. Doug was able to secure the condo for under asking price.
It’s a competitive real estate market and without a very knowledgeable real estate agent who can successfully negotiate, many buyers are missing out on opportunities. Our commitment at Caron B Realty International is to provide exceptional client service. As part of that commitment, we educate our clients on the market to make sure they are in the best position before they sell or buy property. Hawaii real estate is special because there are markets that cater to everyone’s needs and wants. Some buyers are looking for the feeling of single-family living but with the convenience of a condo; others want a certain lifestyle or specific location. Our extensive local knowledge and experience has allowed our clients to find their perfect properties in today’s market.
Here is an overview of Diamond Head condo sales in the past 3 months, compared to the same time last year:
51 Sales, down 20%
Median Price of $650,000, up 10%
Price Per Square Foot of $851.22, up 13%
Sold After an Average of 32 Days on Market, 40% Faster
Received an Average of 99.3% of Asking Price
The market is moving very quickly. Call our office at today (808) 593-9826 to discuss your real estate goals or email concierge@caronb.com
Doug Davis, Realtor
(808) 596-4883