Mount Terrace was built in 1974 and resides at the entrance to Hawaii Kai in the West Marina. There are 2 passenger elevators, 24 floors and 6 units per floor. There are amazing amenities; a pool, jacuzzi, fitness center, putting green, pa’ina (party) room, saunas, BBQ areas, private park & concierge services.
Unit #1D
Upgraded 2/2 unit with 2 covered parking. New vinyl flooring and fresh paint. Granite counter tops and stainless steel appliances add to the appeal. Enjoy ocean views, beautiful sunrise, and the lush greenery of the valley. Newly installed double paned insulated hurricane rated windows with heat and noise reduction. Close to great eateries, shopping, beaches and marina activities.
FIX UP VIDEO
MARKETING VIDEO
Please view our 3D model
MARKET INFORMATION
The following charts are based on all of the sales in Mount Terrace over the past 2 years. In 2021, a total of 5 properties closed (blue), 4 were still for sale at the end of the year (green) and 1 did not sell (red). Units were selling at a rate of .4/month with a supply of 9.6 months of inventory. The odds of selling were 50%.
In 2022, we have had 10 closings (blue), 1 currently under contract (orange), 2 currently for sale (green) and 3 that did not sell (red). Units are selling at a rate of 1/month and there is 2 months of inventory available. The odds of selling have risen up to 69%
In 2022, The average sales price was $896,300. The average Days Before Closing is 72 Days, which is down 1 day from an average of 73 days in 2021.
In 2022, we can see that the 80% of the closings occurred between February and July.
It is projected that in the next 90 days, 5 new units will come on the market and two units will close
This chart shows us the past 2 years of activity and the difference between asking price and sales price
