Hawaii Property- Hawaii Discount Realty
The property in Hawaii (particularly in Oahu) was very lucrative in sales between the years of 1985 and 1992. However the price of land as well as rental costs increased quite rapidly in those years as well. The sale of Hawaii property went through another boom between the middle of 1989 and into 1990.
Many people are in search of Hawaii discount realty. On the island of Oahu, the median sales price for a single family dwelling in 1997 was $307,000. For condos in the same year it was $150,000. But all is not lost- discount realty can be found.
The median sales price of a condo in the North Shore area of Oahu in 2002 was $60,500. In the Kaneohe area the discounts were even better- $58,500 for a condo.
But it gets even better than that.
Hawaii property on the Leeward Coast in 2002 was a bargain for sure- $126,000 for a single-family dwelling and $44,000 for a condo. The northern part of Oahu is considered more discount-friendly than is the southernmost tip.
According to the MLS in Hawaii, the median price in September 2004 for a single-family home was $535,000. The median prices for homes were lower in June, July and August of 2004. The prices were $485,00 in the month of August, $506,500 in July and in June, $528,000.
Hawaii property can translate into Hawaii discount realty with the help of a qualified realtor to point prospective buyers (whether on a shoestring budget or not) in the right direction.