Ron & Dottie, Honolulu
"Great agent to work with. Work tirelessly and above and beyond the line of duty."
Peer Reputation
"Glenn was excellent during the negotiation process… and further represented us during the home inspection and final walk-through, as we live in California. Glenn professionally facilitated the entire process through closing, what a pleasure he has been to work with!"
Bruce & Pam, Honolulu
"Glenn routinely went out of his way to meet my requests and requirements and most importantly, he earned my trust."
Todd, Honolulu
"I am very happy in my new home – which Glenn’s sales of my other two properties made possible."
Carolyn, Honolulu
HBR's April 2024 Housing Stats Report reveals single-family home buyers and sellers entered contract more quickly in April.
April witnessed an uptick in single-family home and condo sales. Single-family home sales rose by 26.0% year-over-year, totaling 262 transactions, and by 13.9% month-over-month. Similarly, condo sales saw a 2.6% rise compared to the same time last year, totaling 431 units sold and a 25.3% increase month-over-month.
In April, buyers and sellers for single-family homes entered contract quickly, with median days on the market decreasing to 17 from 24 days a year ago. Conversely, condos experienced a longer selling period, with median days on the market rising to 29 from 20 compared to last April.
HBR's April Monthly Statistics Report also shows:
Despite a change in momentum, sales remained subdued compared to recent years. April's average, based on a 12-month moving average, was about 40% below the peak averages of 2021 and 2022.
Median prices for single-family homes remained stable at $1,100,000, a 10% year-over-year increase, while condo prices reached $528,000, up 5.6%.
Single-family homes priced at $1,100,000 and above surged 50%, with 132 sales. Condos priced at $600,000 and above increased by 23.1%, while units within the lower price range of $300,000 to $399,999 decreased by 35.1%.
One-third of single-family home sales closed above the original asking price, compared to 25% in April 2023, indicating increased competition. Conversely, only 15% of condo sales closed above the original asking price, down from 22% last April.
Year-over-year, single-family home inventory grew by 15.5%, while condo inventory surged by 37.8%.
Questions? Please contact Glenn Perry (RA) at 808-282-6474.
Glenn has been in real estate sales for over 14 years and has over $28M in closed sales.
Glenn Perry (RA) CRS
Real Estate Associate
Compass
License #RS-53176
Email: glennperry@compass.com
Phone: 808.282.6474
"This is the 2nd Hawaii property (Honolulu & Kona) Glenn Perry has SOLD for us. We have total trust in his ability not only as a Realtor, but as a person. For my wife & I, we say, 'In Glenn Perry, we trust!' Mahalo Nui Loa, Glenn, for all your efforts - we needed it on this sale."