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WHAT’S INSIDE Market Report | Meet Our Agents | Closed by Today’s Realty | On the Cover | Just Listed Independence and Freedom
CONTENTS 02 03 05 07
MARKET REPORT Residential Market Snapshot from January 1, 2019 to July 1, 2019
MEET OUR AGENTS
SOLD BY TODAY’S REALTY
A collection of recent homes sold by Today’s Realty
It is our honor to present this collection of beautiful homes for your review. Our team of over 20 agents and associatebrokers are all members of the Guam Association of REALTORS®, the National Association of REALTORS® and the Guam Multiple Listing Service (Guam MLS). Our team at Today’s Realty has ranked #1 for many years running in top sales reported to the Guam MLS. Buyers, Sellers and Renters know when it’s time for real estate... It’s time for Today’s! We are never too busy for your referrals!
ON THE COVER
718 Chalan Haggan, Asan Independence and Freedom
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W
elcome to the July 2019 issue of Today’s Guamhome newsletter.
Anthony Godwin Principal Broker / REALTOR®
Jun “John” Lin Vice President / REALTOR®
JUST LISTED
Recently listed properties in the market.
FOR THOUSANDS OF LISTINGS VISIT
WWW.GUAMHOME.COM
RESIDENTIAL MARKET SNAPSHOT JANUARY 1, 2019 - JULY 1, 2019
HOMES SOLD
188 Single family homes sold from January 1, 2019 thru July 1, 2019 vs. the 199homes sold in 2018.
HOMES RENTED
Year to date saw a decrease in the number of single family homes rented at 398 in 2019 and 413 in 2018.
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UNITS SOLD
116 Condominium units have been sold from January 1, 2019 thru July 1, 2019 vs. the 125 units sold in 2018.
UNITS RENTED
Year to date saw a decrease in the number of condominiums, townhomes, apartments rented from 570 in 2018 to current year at 540.
The strength of the Guam real estate market continues to be residential rentals
AVERAGE SALE & RENTAL PRICE HOME SALES
The average year-to-date home price of $354,775 was significantly higher than the $332,869 reported during the same period in 2018.
HOME RENTALS
Average single family monthly rentals so far this year decreased from $2,338 last year to current year at $2,302.
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UNIT SALES
The average condominium sale price of $254,841 in 2019 was higher than the $238,518 reported during the same period in 2018.
UNIT RENTALS
The monthly rental rate for condominiums, townhomes, apartments increased from $1,645 in 2018 to $1,694 for the same period in 2019.
AVERAGE DAYS IN THE MARKET HOME SALES
On average, single family home sales in Guam take about 5 months to sell from date listed to date closed vs. the closings for the same period in 2018 at 4 months.
HOME RENTALS
In 2019, home rentals took about 8 weeks from date listed to date closed vs. the closings for the same period in 2018 at 9 weeks.
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Interest rates are still very attractive with fixed rates hovering above four percent (4%). The inventory of homes on the market provides buyers with a good selection of properties to choose from. Coupled with low interest rates, it’s a great time to buy. ~ Anthony Godwin, Principal Broker
UNIT SALES
Unit sales in Guam took about 3 months to complete transactions in 2019. Compare this to the closings for the same period in 2018 at about 3 months.
UNIT RENTALS
In 2019, unit rentals took about 8 weeks from date listed to date closed. Compare this to the 8 weeks for closings during the same period in 2018.
*Statistics from Guam Multiple Listing Service from January 1, 2019 through July 1, 2019. **Statistics from Guam Multiple Listing (MLS) from January 1, 2018 through July 1, 2018. Transactions not reported to the Guam Multiple Listing Service (MLS) are not included in this presentation. Information deemed reliable but not guaranteed. Entire contents, including but not limited to, content, design and concept Copyright ©2019 by LG&G Corporation. All rights reserved.
MEET OUR AGENTS
Angie Camacho 671.687.0483 angie@guamhome.com
Beverly Brady 671.688.8550 beverly@guamhome.com
Carmen Mesa 671.777.6372 carmen@guamhome.com
Chad Knapp 671.777.6520 chad@guamhome.com
Fiona Hocking 671.988.9982 fiona@guamhome.com
Fumiyuki Takahara 671.488.5502 fred@guamhome.com
Hui Gallagher 671.689.4881 hui@guamhome.com
Jackie Calvo 671.687.5050 jackie@guamhome.com
Michael Kumar 671.988.6900 michael@guamhome.com
Ray Rupley 671.685.5070 ray@guamhome.com
Sandy Yow 671.687.6006 sandy@guamhome.com
Sharmila Sahni 671.483.7125 sharmilasahni@yahoo.com
Anthony Godwin 671.688.8198 anthony@guamhome.com Principal Broker | REALTOR®
John Lin 671.688.8518 john@guamhome.com Vice President | REALTOR®
Work with the Proven Market Leader
Christine Campos 671.682.2412 christine@guamhome.com
Clariza Samaniego 671.747.7440 clariza@guamhome.com
Dennis Couzijn 671.727.3815 dennis@guamhome.com
Duane Pahl 671.689.7777 duane@guamhome.com
Janet Calvo 671.687.1841 janet@guamhome.com
Jason Young 671.685.2059 jason@guamhome.com
Julie Paxton 671.687.6900 realestate@guam.net
Kimberly Ada 671.489.5232 kima@guamhome.com
Shawntel Techaira 671.483.7368 shawntel@guamhome.com
Suzanne Naputi 671.482.6426 suzanne@guamhome.com
Vicki Anderson Estes 671.687.3558 vicki@guamhome.com
Yumiko Blaisus 671.688.7791 yumiko@guamhome.com
Thinking about a career in real estate? We can help!
Contact us at 671-649-4361 or broker@guamhome.com 4
CLOSED BY TODAY’S REALTY
Santa Rita Home | $3,000/mo Days on market: 70 | MLS ID: 18-3073
Tasi 17 Condo | $4,300/mo Days on market: 23 | MLS ID: 18-3983
Dededo Unit | $1,200/mo Days on market: 111 | MLS ID: 19-967
Tamuning Home | $575,000 Days on market: 122 | MLS ID: 19-615
Mangilao Home | $2,500/mo Days on market: 102 | MLS ID: 19-992
Piti Home | $2,205/mo Days on market: 71 | MLS ID: 19-1413
Entire contents, including but not limited to content, design and concept Copyright ©2019 by LG&G Corporation. All rights reserved. Anthony R. Godwin • Principal Broker
A collection of recent properties closed by our REALTORS®
Mangilao Home | $2,450/mo Days on market: 11 | MLS ID: 18-4113
Yigo Home | $2,450/mo Days on market: 23 | MLS ID: 18-4338
Barrigada Home | $319,000 Days on market: 192 | MLS ID: 18-4592
Yigo Home | $2,700/mo Days on market: 41 | MLS ID: 18-4417
Pacific Villa | $1,250/mo Days on market: 58 | MLS ID: 19-1654
Ordot-Chalan Pago Land | $50,000 Days on market: 45 | MLS ID: 19-1749
Entire contents, including but not limited to content, design and concept Copyright ©2019 by LG&G Corporation. All rights reserved. Anthony R. Godwin • Principal Broker
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ON THE COVER 718 CHALAN HAGGAN, ASAN For Sale $555,000 Live on the Guam mountain side and wake up to a stunning view of Apra Harbor ! Tropical breezes keep this 4 bedroom, 3 bath home cool and comfortable in a location away from the hustle and bustle. Home is well maintained and sits on a 1,000+/- square meter fenced yard. Call today to see this charming and elegant home. MLS ID# 19-2368
INDEPENDENCE AND FREEDOM In anticipation of Independence Day on July 4th and Guam’s Liberation Day on July 21st, I started thinking about sovereignty and land ownership in the Mariana Islands. How did we get to where we are today? Guam and the Northern Mariana Islands have a long and fascinating history. Settled over 4,000 years ago, the Marianas archipelago was found by Spanish explorer Ferdinand Magellan in 1521 and a Spanish colony was established in 1668. The colony lasted until 1898, when Spain ceded Guam to the United States in the Treaty of Paris which ended the Spanish-American War. Following the Treaty of Paris, Guam was placed under the jurisdiction of the US Department of the Navy. In 1899, as a result of the German-Spanish Treaty, Spain sold the Northern Mariana Islands to Germany. In 1919, Japan acquired administration of the Northern Mariana Islands from the League of Nations after World War 1. On December 8, 1941, just hours after the attack on Pearl Harbor, Japanese forces located in the Northern Marianas invaded Guam and held the region for over two years. Between June 15th and July 9th of 1944, during the Battle of Saipan, the US Military took Saipan and not quite two weeks later, on July 21, 1944, US forces recaptured Guam. In the late 1940’s a group of CHamoru leaders successfully convinced the US Congress to enact the 1950 Organic Act of Guam. That act transferred administration to the US Department of the Interior. Among other things, it also established three branches of local government: • Executive – the Governor of Guam was still appointed by the President of the United States until 1968, when Guam residents were given the right to vote for our own governor. • Legislative – Guam residents acquired the right to choose our own representatives who create laws governing Guam (albeit still subject to the laws set by the US Congress). • Judiciary – local court system with judges appointed by the Governor of Guam and re-elected by the voters of Guam. In the spirit of the Independence and Freedom, it is with deep gratitude for the sacrifices made by the members of our armed services that enable us to celebrate the freedom we enjoy today.
BY KIM ANDERSON YOUNG PRESIDENT, SECURITY TITLE, INC.
KIM@SECURITYTITLE.NET | 671.647.8100 FINDING SIMPLE SOLUTIONS TO COMPLEX REAL ESTATE TRANSACTIONS.
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LISTED BY TODAY’S REALTY
179 SIKIT STREET, TAMUNING
183 CONSOLACION STREET, ASAN
Warehouse space in excellent condition located on Sikit Street, Harmon. Unit 1 is 10,000 sq feet (9,000 square feet floor space & 1,000 on the mezzanine level). Male, Female restrooms. Exhaust fans. Two 12x12 roll up doors. Fenced and gated parking area.
Looking for a quite and serene setting for your next home? Well look no further with this 4 bedrooms 3 bath home atop the hills of Asan and overlooking Asan Bay. Spectacular ocean view from the extralarge master bedroom and outdoor deck for entertaining.
B101 PACIFIC TOWERS, TAMUNING
301 YPAO GARDENS CONDO, TAMUNING
TOTALLY RENOVATED UNIT! Be the first to live in this awesome unit. Everything is BRAND NEW!! Great location! Security! 1st floor convenience! Pool! Park with benches and so much more! Schedule a time to view this very nice unit.
This gated unit is exceptionally clean, furnished, and a corner unit with extra windows! Not your typical Ypao Gardens floor plan! Renovated and perfect for the tenants wanting to be smack-dab in the middle of everything! Kitchenware included, too!
For Rent $10,000/mo | MLS ID: 19-2350
For Rent $1,350/mo | MLS ID: 19-2477
For Rent $2,600/mo | MLS ID: 19-2718
For Rent $1,800/mo | MLS ID: 19-2725
Entire contents, including but not limited to content, design and concept Copyright ©2019 by LG&G Corporation. All rights reserved. Anthony R. Godwin • Principal Broker
A collection of properties featured for Rent or Sale by our REALTORS®
106 CHALAN NAKANA, YIGO
702 LEOPALACE GOLF VILLA, YONA
This home is like no other. The finishings are absolutely gorgeous! You’ll love the high ceilings, design of the tiles, open floor plan, Master bedroom and bath to die for, stainless steel appliances, all under ground utilities and much more. Just minutes from AAFB.
Looking for a place with a resort feel without the crowd? Well, look no further. Welcome to LeoPalace Resort, your home away from home. This resort has everything you will need, from restaurants, mini mart, fitness center, entertainment, golf course & more!
UNIT B, HAPPY LANDING ROAD, TUMON
310 TUMON VIEW CONDO PH. I, TUMON
Beautiful newly built town home with one of a kind design. Spacious floor plan with 3 bedrooms that all have their own bathrooms. Stainless steel appliances, full size washer and dryer, and full size two car garage. Conveniently located in Tumon.
Walk to the beach! Move in today to this beautiful residence in the heart of Tumon Bay. Enjoy sunset ocean views from the spacious tiled veranda. Kitchen features all new cabinetry, granite counter tops, counter-high bar for entertaining.
For Rent $4,400/mo | MLS ID: 19-2475
For Rent $4,500/mo | MLS ID: 19-2506
For Rent $2,205/mo | MLS ID: 19-2496
For Rent $2,205/mo | MLS ID: 19-2482
Entire contents, including but not limited to content, design and concept Copyright ©2019 by LG&G Corporation. All rights reserved. Anthony R. Godwin • Principal Broker
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