Hawaii Americana Realty Announces Market Update For Luxury Properties Sold in the Honolulu Market

Honolulu Real Estate Remains Strong!

PR Newswire

HONOLULU, Hawaii, May 23, 2014 /PRNewswire-iReach/ -- Serving the entire real estate and housing market on Oahu and Maui and throughout the Hawaiian Islands, and offering its services online as well, Hawaii Americana Realty has just announced its market update report on the sale of luxury properties throughout the Honolulu, Hawaii, real estate market for the month of April, 2014.

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Sales indicators noted in this market update finds Hawaii Americana Realty president Mark Howard feeling enthusiastic about a positive upswing in real estate sales throughout the Islands, but especially for Honolulu and Oahu.  It's an upswing in sales that might be forecast for the remainder of 2014.  "I believe April was a very successful and productive month for prime sales in the Honolulu real estate market," Mark said.  "Fifty-three residences sold for more than one million dollars in April, and they consisted of 36 single family homes, and 17 condos / townhomes."

Hawaii Americana Realty intends to constantly increase and improve its numerous seller and buyer services, while at the same time continuing to expand its dynamic marketing ideas and strategies worldwide.  The company continues to establish itself as a premier boutique and successful real estate brokering firm in Hawaii, as it remains committed to broadening and diversifying its coverage throughout the Islands.  Further positive indicators in the April market update is just more good news for Mark's company as well as other real estate firms, especially firms whose focus is on Oahu and its capital city.

In addition to this, the company's market update for April provides the following facts and stats: Of the 53 residences sold in April of this year, the most expensive sale was a double penthouse condo in Waikiki which sold for $4,650,000.  The most expensive house (which sold for $3,850,000) was a six bedroom, seven bath oceanfront estate in Kailua.  These sales, however, do not consider contracts which were signed at preconstruction developments such as "The Collection," the "Symphony Honolulu" and the Howard Hughes "Waiea" and "Anaha."

Mark believes that the Howard Hughes real estate firm is a good case in point indicating substantial positive upswing.  The Howard Hughes Corp. recently reported strong sales for two of their ultra-luxury high-rise communities in Kakaako that included contractual agreements for approximately half of the 482 units which are available in both towers.

Plus, the Howard Hughes Corp. has received $55 million in buyer deposits, which represents about $609 million in gross sales revenue for the two high-rises.  And these began pre-sales in February.  Naturally, the gross sales revenue does assume that buyers will close on the units when they complete construction and are ready for move in.  In addition, the Howard Hughes Corp. says 52 percent construction is completed for its 206-unit ultra-luxury condominium tower called ONE Ala Moana.  It is being developed in a 50/50 joint venture with The MacNaughton Group and the Kobayashi Group., and is expected to open in the fourth quarter of this year.

Overall, Mark Howard believes that April was a good month for real estate sales in the Hawaiian Islands and especially in the Honolulu, Oahu market.  This market update is one he hopes will strike a positive vibe with everyone looking to buy or sell property throughout the state.

Hawaii Americana Realty is a full-service brokerage for both buyers and sellers.  Mark adds that, "While we offer a Closing Costs Assistance Program for buyers and a 4.5% listing fee for sellers on Oahu, we are very proud of our superior service to all clients.  We were recognized by Honolulu Magazine as the Best in Real Estate: Top Agents 2013 – Top Professionals Licensed to do Business in Hawaii."

Mark Howard is leaving his professional doors open 24/7 for interested parties to contact him or his staff online via his website or by phone message at any time.  The Hawaii real estate market, Mark excitedly reminds people, is the place to sell and buy into.  Be it a condo or small family home, a oceanfront estate or investment commercial property.  And no matter if you live in East Africa, South America or in the smallest community on the North American continent, Hawaii Americana Realty can find you the property of your dreams or help you sell any piece of island real estate to success wherever you may reside in the world!

For more information about Hawaii Americana Realty, Principal Broker & President Mark Howard is available for questions, media interviews and reviews, and can also be contacted as noted below.

CONTACT INFO:
Mark Howard, ABR
Principal Broker & President
HAWAII AMERICANA REALTY
1888 Kalakaua Ave., C312
Honolulu, HI 96815
(808) 791-2923
email: info@808brokers.com
Web:   http://www.HawaiiAmericana.com / http://www.ShopOahuRealEstate.com

Media Contact: Mark Howard, Hawaii Americana Realty, (808) 791-2923, info@808brokers.com

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