Honolulu is 3rd-most expensive city for buying a home
About Maggie Huang
Maggie L Huang is a REALTOR, CIPS with Hawai’i Life.
As the Hawaii Life one (HL1) Director for Asia Pacific Region and an exclusive affiliate of CHRISTIE’S International Real Estate with Hawaii Life, I bring a model to real estate that’s similar to private banking, with a strong focus on advisory services, as well as key insights into Chinese investment in Hawaii. I market and sell Honolulu’s most exclusive properties on behalf of a client base that includes top executives, high-profile celebrities, prominent developers, and high-net-worth investors from the continental U.S. and overseas.
Please contact me for assistance with Oahu, Hawaii real estate.
Honolulu is the third-most expensive city to buy a home, with buyers paying a median of $684 per square foot to buy a 1,000-square-foot home, according to a report by the moving and storage website move.org.
Read more from Pacific Business Journals, as below:
Hawaii’s capital city recently made the website’s list of the top 10 cities with the highest cost per square foot for buying a home — the list doesn’t distinguish between a single-family home or condominium — but placed outside the top 10 for highest cost per square foot for renting a one-bedroom apartment, coming in at No. 12.
San Francisco was the most expensive city to both own and rent a home. Buying there will set a buyer back nearly $1,071 per square foot, while Boston was No. 2 for owning with a cost per square foot of $742.
Honolulu beat out New York, Washington, DC, and the California cities Fremont, San Jose, Glendale, Los Angeles and Oakland in price per square foot.