Waikele - Real Estate Sales Activity in Waikele for December 2007

Single Family homes sales in Waikele have remained steady. The 2007 average sales prices of single family homes are down a little over 3% from 2006 year. Sales volume is up slightly though. The current inventory levels and lower interest rates make Waikele a attractive to both buyers and sellers at this time.

Condo and townhouse sales in Waikele are another story. Both average sales prices and sales volume have shown slight increases year to date over 2006 levels. Prices may continue to rise if inventory levels and mortgage interest rates stay consistently low.

Currently Active for Sale (January 12, 2008):

14 Single Family Homes
27 Condos/ Townhouses

Currently in Escrow (January 12, 2008):

5 Single Family Homes
8 Condos/ Townhouses

For the Month of December 2007

Single Family Homes
	Number of Sales			Average Sales Price
Area	2007	2006	% Change	2007	2006	% Change
Waikele	1	5	-80.00%	$550,000	$653,200	-15.80%

Condominiums
	Number of Sales			Average Sales Price
Area	2007	2006	% Change	2007	2006	% Change
Waikele	10	7	+42.86%	$352,350	$324,571	+8.56%

Year to Date Through December 31, 2007

Single Family Homes
	Number of Sales			Average Sales Price
Area	2007	2006	% Change	2007	2006	% Change
Waikele	50	47	+6.38	$630,405	$651,168	-3.19%

Condominiums
	Number of Sales			Average Sales Price
Area	2007	2006	% Change	2007	2006	% Change
Waikele	137	136	+0.74%	$360,015	$356,238	+1.06%

*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/

0 comments on ActiveRain...

Author

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

Cell Phone: (808) 384-5645
More information...

Contact Randy L. Prothero - Hawaii REALTOR®