The Home Buyer's Korner

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July 17th, 2015

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Kalanianaole Hwy/Kealahou St

Kealaula Kai~Koko Kai Hawaii

Kalanianaole Hwy Kealahou StKalanianaole Hwy/Kealahou St area median real estate price is $810,322, which is more expensive than 82.4 percent of the neighborhoods in Hawaii and 97.1 percent of the neighborhoods in the U.S. The average rental price in Kalanianaole Hwy/Kealahou St area is currently $3,073, which is higher than 97.1 percent of the neighborhoods in Hawaii. In the Kalanianaole Hwy/Kealahou St area, the current vacancy rate is 3.1 percent, which is a lower rate of vacancies than 87.0 percent of all neighborhoods in the U.S. This means that the housing supply in Kalanianaole Hwy/Kealahou St area is very tight compared to the demand for property here.

Kalanianaole Hwy/Kealahou St area real estate is primarily made up of medium sized three or four bedroom to large four, five or more bedroom single-family homes and town homes. Most of the residential real estate is owner occupied. Many of the residences in the Kalanianaole Hwy/Kealahou St area are established but not old, having been built between 1970 and 1999, with a number of residences built between 2000 to present day.

Kalanianaole Hwy/Kealahou St area is a neighborhood that is on the ocean and that brings locals and visitors to the waterfront for recreational activities or to check out the scenery.

Kalanianaole Hwy/Kealahou St is among the best neighborhoods for families in Hawaii. In fact, this neighborhood is more family-friendly than 96.3 percent of neighborhoods in the entire state of Hawaii. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a “Leave It to Beaver” episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Kalanianaole Hwy/Kealahou St area. Being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives, active retirees and college students.

Getting to know your future neighbors, you’ll recognize that you’re in the company of one of the wealthiest communities in the nation. In fact, a mere 4.8 percent of America’s neighborhoods are wealthier than the Kalanianaole Hwy/Kealahou St area. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren’t up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

Your future neighbors in the Kalanianaole Hwy/Kealahou St area are among the 15 percent highest income neighborhoods in America and this neighborhood has a higher income than 95.2 percent of the neighborhoods in America.

In the Kalanianaole Hwy/Kealahou St area, 53.4 percent of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 25.9 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 11.1 percent and 9.5 percent in manufacturing and laborer occupations.

In the Kalanianaole Hwy/Kealahou St area, residents most commonly identify their ethnicity or ancestry as Asian at 44.9 percent. There are also a number of people of German ancestry at 4.1 percent and residents who report Italian roots at 3.2 percent. Some of the residents are also of English ancestry 2.4 percent, along with some Irish ancestry residents (2.0%)n and Portuguese at 1.9 percent among others. In addition, 12.9 percent of the residents of this neighborhood were born in another country.

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Kalanianaole Hwy/Kealahou St neighborhood is English, spoken by 84.3 percent of households. Other important languages spoken here include Japanese who speak the language at home at 5.7 percent followed by Chinese.

Kealaula Kai~Koko Kai Hawaii

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