Pearl City Region Real Estate Sales Activity for November 2007

This report covers areas including: Halawa, Foster Gardens, Aiea, Aiea Heights, Waimalu, New Town, Royal Summit, Pearl City, and Pacific Palisades.

The below figures include both fee simple and leasehold properties. These are only the totals and average sale prices.

Single Family homes sales have softened. Average sales price of single family homes have seen slight increase year to date while sales volume is down from last year. Inventory levels are reasonably low.

Condo and townhouse sales are another story. The trend is similar to the single family homes in the area. Prices are seeing growth while sales volume is down and inventory low.

Current Active for Sale (as of 12/22/07):

55 Single Family Homes
65 Condos/ Townhouses

Currently in Escrow (as of 12/22/07):

27 Single Family Homes
21 Condos/ Townhouses

For the Month of November 2007

Single Family Homes
	Number of Sales			Average Sales Price
Area	2007	2006	% Change	2007	2006	% Change
Pearl City Area	14	30	-53.33%	$664,214	$611,665	+8.59%

Condominiums
	Number of Sales			Average Sales Price
Area	2007	2006	% Change	2007	2006	% Change
Pearl City Area	37	41	-9.26%	$301,454	$277,998	+32.22%

Year to Date Through November 30, 2007

Single Family Homes
	Number of Sales			Average Sales Price
Area	2007	2006	% Change	2007	2006	% Change
Pearl City Area	190	237	-19.83%	$655,905	$635,633	+3.03%

Condominiums
	Number of Sales			Average Sales Price
Area	2007	2006	% Change	2007	2006	% Change
Pearl City Area	400	535	-25.23%	$306,609	$259,590	+18.11%

*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/

Or at: http://www.localism.com/

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Randy L. Prothero - Hawaii REALTOR®
Century 21 Liberty Homes
Mililani, HI

Cell Phone: (808) 384-5645
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