Salt Lake, Hawaii Area - December 2007 Real Estate Sales Activity – A Year End Report

Salt Lake Area (tax map key 111, includes Moanalua, Aliamanu, Mapunapuna and Airport Area)

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 continued to climb, while sales volume is down from last year.  Inventory levels are fairly low, so prices may hold strong in Salt Lake for the near future at least.

Condo and townhouse sales are another story.  Inventory continues to remain low.  Average sales prices have seen a nice jump over last year.  The Salt Lake area is still in a seller's market for condos.

Current Active for Sale (as of 1/15/08): 

• 18 Single Family Homes
• 43 Condos/ Townhouses

Currently in Escrow (as of 1/15/08): 

•   4 Single Family Homes
• 17 Condos/ Townhouses

*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/