Palolo Valley is seeing increased activity as it is the most affordable neighborhood from Diamond Head to Kalama Valley. Homes in the $400,000 - $600,000 price range tend to move quickly if they are in move-in condition.
Here's a Comparative Market Analysis report for Palolo Valley, reflecting properties currently in escrow and sales since July 1, 2010.
That's six properties currently in escrow and ten closings in the last three months and two weeks. Pretty good activity! Current escrows are five homes listed in the $600's and one listed in the $700's. Nine of the ten sales were for homes in the $600's and less.
Oahu's median home price as of September was $622,450. Palolo Valley is one of the few neighborhoods in the Diamond Head region where a decent sized move-in home can be found below Oahu's median home price.
For more information about buying and selling homes in Palolo Valley, contact Mike Bates, your realtor who lives in the neighborhood.
Michael Bates (RA)
Coldwell Banker Pacific Properties
(808) 548-1220
Contact Me
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