Michael M. Hegazy acquires 254 Kan. Hanahou Circle D-8, Kaneohe, appraised at $5.7 million

The home at 254 Kan. Hanahou Circle D-8, Kaneohe, was sold on June 19 by Crgc Family Ltd. Partnership for $5.7 million.

Michael M. Hegazy was listed as the buyer.

Property taxes on the home totaled $8,245 in 2024, or 0.1% of the sale price.

This property is one of 30 sales in Kaneohe, Honolulu County, between May 19 and June 19.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.