Hauula (tax map keys 153 thru 154)
Single family homes have really slowed down dramatically. There is currently 26 months worth of inventory. This is purely a buyers market in Hauula.
Currently (June 15, 2007) under the "Active for Sale Category" there are:
Currently in Escrow:
For the Month of May 2007 | ||||||||
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Single Family Homes | ||||||||
| Number of Sales |
| Average Sales Price | |||||
Area | 2007 | 2006 | % Change |
| 2007 | 2006 | % Change | |
Hauula | 1 | 2 | -50% |
| $420,000 | $609,500 | -31.09% | |
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Year to Date Through May 31, 2007 | ||||||||
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Single Family Homes | ||||||||
| Number of Sales |
| Average Sales Price | |||||
Area | 2007 | 2006 | % Change |
| 2007 | 2006 | % Change | |
Hauula | 5 | 10 | -50% |
| $644,000 | $667,150 | -3.47% | |
*These numbers were taken from the Honolulu Board of Realtors MLS system and are deemed to be accurate, but not guaranteed.
You can find out more about real estate in Hawaii at: http://www.hawaiirandy.com/
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Randy,
When the market is that slow, a sale or two really skews the numbers! WOW!
Aloha,
Lucky :)
Randy,
I thought your market was still good! Wow 26 months worth of inventory.
Wow Randy! Pretty amazing... and our sellers are complaining about 3 months of inventory!
Neal - With only 2 sales you can onlu conclude it will be hard to sell a listing there.
Monika - That is not the case in most of our communities. We have a sellers market in many of the areas. This one caught me be surprise. That is why I run the numbers.
Irina - In some areas we have less than 3 months inventory, just not in Hauula.
Sally - Mahalo!!