Sofi V Hawaii Luxury Property

10/02/2021

Open house this Sunday 2pm-5pm.

09/22/2021

Our office is located at 400 Keawe unit 104 right next Earls in Kaka’ako. Reach out to make an appointment! 😊

The friendly agents from RE/MAX Honolulu are here to help you find the perfect home 🏡

📷:

08/07/2021

A San Francisco investment banker recently sold his Maui mansion to a retired hedge fund CEO and a Hollywood actress for $45 million.

07/24/2021

Pop up music event with local talent in Kakaako!
See you there! Stop by and say hi I’ll be at the RE/MAX Honolulu table.
SALT KAKA'AKO -- “Pop Up Music at Kaloko‘eli Courtyard'' on Saturday, July 24th from 3 p.m. to 7 p.m.

The talented Ben K**a, one of Hawai‘i’s premier musicians, will kick off the afternoon with contemporary and traditional Hawaiian music favorites. He’ll be followed by the multiple Nā Hōkū Hanohano Award-winning group Vaihi, with their upbeat local tunes.

07/10/2021

Happy Aloha Friday! 🌺🐶

07/07/2021

Condos Sales Far Outpace Single-Family Home Activity in Bustling Housing Market
Metro region surges in popularity, marking substantial increases in property sales for single-family homes, condos

Closed sales of single-family homes rose 49.3%, and condo sales skyrocketed 134.0% compared to this time last year when real estate activity first began to pick up following the economic standstill brought on by the pandemic. The median sales price of a single-family home edged past last month’s record to reach $979,000, while the condo median sales price of $460,000 was just shy of the standing record of $461,500 from July 2019.

The condo market continues to bustle with activity, setting a new record low days on the market at a median of just 11 days. Single-family homes continue to move into escrow quickly, spending a median of 8 days on the market. Sellers added much-needed inventory to the market, with June marking a 23.0% increase in new single-family home listings and a 31.1% increase in condo listings.

“We are in a vastly different market now compared to this time last year, when activity was slowly starting to ramp up versus now where properties are moving into escrow in record time,” said Shannon Heaven, president, Honolulu Board of REALTORS®. “In particular, the condo market surged in 2021 because some buyers decided not to pursue a single-family home due to the severe lack of inventory and competitive bidding wars.”

06/08/2021

Steep Competition, High Demand Drives Record-Setting Month for O‘ahu Real Estate
Median sales price for a single-family home reaches $978,000 in May.

Closed sales of single-family homes climbed 63.3% and more than doubled for condos with 135.4% more sales compared to this time last year on O‘ahu. In stark contrast to the low activity of May 2020 amid pandemic uncertainties, May 2021 set new records with the median sales price of a single-family home rising to $978,000 – breaking the previous record of $950,000 set in March 2021 – and properties flying off the market at an unprecedented pace.

The median days on the market for single-family homes and condos hit new record lows of 8 and 12 days, respectively. In May, sellers added 430 new listings for single-family homes and 683 new condo listings to the market, representing 24.6% and 34.2% increases over last year. However, by the end of May, 61% of those new single-family home listings and 51% of new condo listings were already sold or in escrow.

“The market’s rapid pace is showing no signs of slowing, and buyers entering the market continue to face stiff competition, especially for homes under $800,000,” said Shannon Heaven, president, Honolulu Board of REALTORS®. “Every day REALTORS® are working with buyers to submit their strongest offer and with sellers to secure the best price for their home. As we mark Homeownership Month in June, we encourage anyone thinking about buying a home to work with a REALTOR®. No one knows the market better and is uniquely qualified to help clients work towards their homeownership goal.”

06/08/2021

When you start to do the things that you truly love, it doesn’t matter whether it’s Monday or Friday; another closing in the books today 🎉😊🙏🏻

06/01/2021

05/08/2021

Open house Sunday from 2pm-5pm in Ewa Beach!

05/06/2021

O'ahu home sales continued at a quick pace with strong sales volume in April
Real estate activity spikes a year after the first stay-at-home order


Closed sales of single-family homes and condos rose 51.2% and 88.0%, respectively. The wide year-over-year variance is due to 2020’s downturn in real estate activity spurred by the initial shocks of the pandemic and the first stay-at-home order.

More than half of single-family homes – 58.9% to be exact – sold above the asking price last month. Meanwhile, high demand for single-family homes continues to keep the median days on market at a low of just nine days.

In April, 30.9% of condos sold above the asking price and condo properties spent a median of 13 days on the market, which tied the record low set in June 2017.

While new listings for single-family homes are up 58.3% compared to April 2020, active listings remain down 35.3% year-over-year. The condo market tells a similar story with a 60.5% increase in new listings last month, but active listings are still down 17.6%.

“A year ago, O‘ahu’s real estate market saw a steep decline in sales and listings as we were confronted with uncertainty about the pandemic’s impact on our community and economy,” said Shannon Heaven, president, Honolulu Board of REALTORS®. “Sustained demand and low inventory levels remain constants in our real estate market and when paired with historically low interest rates, it creates the fast-paced, competitive environment we see in today’s market.”