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    Hawaii’s ultra-luxe real estate is smashing records. Here’s what’s selling

    December 14, 2021 /

    This $23.5 million mansion in Kauai recently sold to guitarist Carlos Santana. PanaViz Hawaii’s luxury real estate market is soaring to all-time highs fueled by several factors including pent-up demand from the coronavirus pandemic, record low interest rates and rising equity markets. In the first three quarters of this year, homes valued at $3 million or more saw sales volume rise 235{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} compared with the same period in 2020. Deal volume hit a record-breaking $3.7 billion, according to Hawaii Life’s Luxury Market Report. But sales of homes priced above $10 million have climbed at an even more robust pace — trouncing state records. “It’s just been like a rocket ship,”…

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    Jerry Schmidt Comments Off on Hawaii’s ultra-luxe real estate is smashing records. Here’s what’s selling

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