HiCentral MLS, Ltd.

HiCentral MLS participation fees are due on June 30th for the July 1,2024-June 30,2025 period.

There are 3 convenient ways to pay:
1. Online at: http://members.hicentral.com/mlsfees
2. Phone: (808) 732-3000 (Monday-Friday, 8AM-4PM)
3. Mail Check: payable to HiCentral MLS, Ltd. to 1136 12th Ave., Honolulu, HI 96816 Attn: Finance

Have you heard of a Residential Use Dedication? Most agents haven't but it is a tool that can benefit your client, whether you're representing a buyer or seller.

Watch this quick YouTube video to learn about Residential Use Dedication basics. 🔗https://www.youtube.com/watch?v=BWW25FmYBVM&t=7s

📢According to HBR's May Local Market Update, closed sales of single-family homes in the Pearl City-Aiea area rose⬆️56% year-over-year as the median sales price fell ⬇️5% to $1,100,000. Homes in the area were on the market for a median of 11 days, six days quicker than last May.

In the condo/townhome market, Waikiki saw a⬆️35% increase in closed sales as the median condo price dipped⬇️3% to $390,000. The median days on market for Waikiki condos was 33 days compared to 20 days last year. Active inventory was up 27%, ending the month with 485 active condo listings.

Find more info on real estate and see what's on the market at hicentral.com.

For more information, refer to the MLS Rules & Regulations, Section 13 on page 19.

A link has been provided for your convenience.
�https://members.hicentral.com/images/Documents/mls/MLS_RulesRegs_2022-11-07.pdf

Stay up to date with NAR Settlement Resources at Facts.Realtor. You can find answers to frequently asked questions, a printable Settlement Timeline, sharable social media assets, and more!

Our office will be CLOSED on Tuesday, June 11th, in observance of King Kamehameha Day. We'll be back in the office on Wednesday, June 12th.

Be sure to call in or e-mail before the holiday, to get your questions answered. Or click on the MLS Help application on your MLS Dashboard to access our interactive library.

Be sure to introduce prospects to others in the office and let co-workers know where you're going before you accompany anyone to a listing.

For a step-by-step guide, read our Knowledge Base article, How to: Transferring an Existing Listing to Another Brokerage Firm.

Here's a link to the article:
🔗https://hicentralmls.zendesk.com/hc/en-us/articles/4418969517844

📣HBR's May stats report shows single-family home sales dipped 🔽5% and the median sales price fell 🔽2.2% year over year to $1,085,000.

Condo/townhome sales rose 🔼9.1% as the median condo price ticked down 🔽2% to $495,000.

Homebuyers took advantage of more affordable properties available in O‘ahu’s market. Sales of single-family homes priced at $899,999 and below accounted for 28% of total transactions, primarily in Leeward and ‘Ewa neighborhoods to Central Oʻahu, Pearl City, Kaneohe, and the Metro Honolulu area. Similarly, condo/townhome sales in the $300,000-$399,999 range surged 43.6%, representing the largest share of condo sales at 18.7%.

Properties spent a median of 14 days on the market for single-family homes, a week quicker than last year, while condos observed a slight increase with a median of 25 days.

New listings showed continued YOY growth, with 345 single-family home listings and 658 condo listings, up 11.7% and 13.1%, respectively. Listings for single-family homes priced at $1,400,000 and above rose 39.6%, totaling 134. Condos in the $300,000-$599,999 range comprised the largest share of new listings, accounting for 45% or 296 units.

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Our Knowledge Base article will walk you through the steps you need!
🔗https://hicentralmls.zendesk.com/hc/en-us/articles/11047212522004

Find a full library of beautifully designed Canva real estate templates, including newsletters, biographies, checklists, social media posts, and much more!

Follow these steps to get you there!
Head to RPR>Help Menu>Training Area>Learning Menu>Take it Further Canva Templates.

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Our office will be CLOSED for Memorial Day on Monday, May 27th. We'll be back in the office on Tuesday, May 28th!

Call in 📞 or e-mail 📧 us to get your questions answered before the holiday.

If something comes up, choose the MLS Help application on your MLS Dashboard to access the Knowledge Base, our interactive library with curated articles and step-by-step how-to's to accomplish many MLS actions.

📣Check out the June MLS class schedule. Take a class to refresh the basics or learn a new skill!

MLS classes are a member benefit, so there's absolutely no cost! Register ahead of time to save your spot. All MLS classes are conducted via Zoom.

We have some of the BEST members when it comes to participation, and we are eager to spotlight YOU too!

Drop us a message WHY a specific tool is your favorite today! We'd love to 👂️ from you!

📣According to HBR's April Local Market Update, the Downtown to Nu‘uanu area saw more condos sell for higher prices and faster. 🏦Condo sales were up 90% in the region as the median price rose 30% year over year (YOY) to $635,000. The area’s median days on market for condos fell 40% from one month to 18 days. Downtown-Nu‘uanu saw active inventory up 37%, helped by a 28% increase in new listings, ending the month with 107 active condo listings.

In the 🏡single-family home market, Makaha-Nanakuli saw a 13% YOY increase in closed sales in April as the area’s median sales price rose 7% to $675,000. The median days on market for homes in Makaha-Nanakuli dropped 50% from to 40 days to 20 days. New listings rose 50%, bringing active inventory in the region up 38% YOY, ending the month with 90 active SFH listings.

Growth comes from being uncomfortable. While our natural instinct may be to shy away, do the opposite and embrace it!

Whether it's to-and-from the office or to meet for an appointment, consider taking the safest routes, whenever possible. While they may not always be the fastest, these routes allow you to easily access help such as a store or gas station and provide a clear view of your surroundings.

Carts has arrived in the new Matrix search! Now you'll be able to mark and store those properties you want to track. As well as modify existing carts with additional listings

📣HBR's April stats report shows 🏡single-family home sales rose 26% and the median sales price increased 10% year over year to $1,100,000.

🏦Condo/townhome sales ticked up 2.6% and the median condo price rose 5.6% to $528,000.

New listings observed positive growth, with 349 new single-family home listings and 656 new condo listings, up 19.5% and 23.3%, respectively.

Buyers and sellers moved quickly on single-family homes in April, with a median days on the market of 17 days. Additionally, one in three single-family home sales, or 33%, closed above the original asking price, compared to 25% in April 2023, suggesting increased competition. In contrast, condos took longer to sell, with a median days on the market of 29 days. Additionally, only 15% of condo sales closed above the original asking price this April, down from 22% in April 2023.

Get the credit you deserve!

Check out this Knowledge Base article for the required documents you'll need to submit to MLS Client Care team. 🔗https://hicentralmls.zendesk.com/hc/en-us/articles/16002134948500

In this market, this could prove beneficial for undecided clients contemplating the decision to make a purchase. Clarify to potential buyers the advantages of taking action now and the potential upside when the market changes.

Coming Q2 2024, Realist is set to launch a new Insights Dashboard with an at-a-glance view to your real estate market. Find quick stats, market temperature, property insights, industry news and more!

For more information, take a tour of the new Realist Insights Dashboard at the Matrix Learning Lab.

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📣According to HBR's latest Local Market Update, Wahiawa saw the largest increase in 🏡single-family home sales, up 150% year over year. The area’s median sales price rose 19% to $875,750. The median days on market for Wahiawa homes was 15 days, which is 23 days faster than last March. Active inventory in Wahiawa was 50% higher, ending the month with 12 active SFH listings in the region.

In the 🏦condo/townhome market, closed sales in the Pearl City-Aiea region increased 23% YOY as the area’s median condo price ticked up 1% to $469,000. At 20 days, the median days on market for Pearl City-Aiea was a week slower than the same time last year. The region saw active inventory up 55%, ending the month with 45 active condo listings.

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Remembering important timing limits for Coming Soon listings just got easier. E-mail notices have now been created to alert you to an action that may be necessary. First, a Warning Notice will be sent daily, 5 days prior to the 30-day Coming Soon limit prompting you to act. Once the 30-day limit is up, a second notice will be e-mailed informing that the listing status has been changed to Hold.

NOTE: Once the system has changed the Coming Soon listing to Hold status, an assist from the MLS Client Care team will be necessary to change the listing status.

We have some of the BEST members when it comes to participation, and we are eager to spotlight YOU too!

Drop us a message WHY a specific tool is your favorite today! We'd love to 👂️ from you!

📣HBR's March stats report shows single-family home sales dipped 2.5% and the median sales price ticked up 1.5% year over year.

Meanwhile, 🏦condo/townhome sales fell 22.5% and the median condo price was down 6.7% from last March’s record-setting price of $536,000.

New listings of 🏡single-family homes were nearly steady to a year ago, with 291 new listings, a slight 0.7% dip. Condos added 647 new listings, up 22.1%. Overall, new listing volume rose in both markets for the first quarter, with single-family homes up by 9.7% and condos up by 16.2%.

March ended with active inventory of 581 single-family homes, a 7.4% year-over-year increase. In the condo market, active inventory surged by 29.6%, ending the month with 1,493 units.