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Royal Kunia Real Estate Sales Activity – January 2008

Royal Kunia is a planned community in Waipahu, Hawaii (makes up part of tax map key 194).

Single Family homes average prices have softened.  Sales volume of single family homes has shown a 20% slippage in volume for the last 12 months over the previous 12 month period.  While average sales prices came close to staying even with a slight 2% drop.  Inventory levels are extremely low and with the recent interest rate drops, expect prices to continue to remain strong for at least the short term.

Condos and townhouses:  Sales volume of condos is small, due to the limited number of condo complexes in Royal Kunia.

 

  • Currently Active for Sale (2/2/2008)
      • 18 Single Family Homes
      •   7 Condos/ Townhouses

 

  • Currently in Escrow (2/2/2008):
      •    9 Single Family Homes
      •    1 Condos/ Townhouses

 

For the Month of  January - Sold Resale Homes

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2008

2007

% Change

 

2008

2007

% Change

Royal Kunia

1

6

-83.33%

 

$530,000

$600,666

-11.76%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2008

2007

% Change

 

2008

2007

% Change

Royal Kunia

1

4

-75.00%

 

$210,000

$311,500

-32.58%

 

 

 

 

 

 

 

 

12 Months - Sold Resale Homes

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

Ending January 2008

Ending January 2007

% Change

 

Ending January 2008

Ending January 2007

% Change

Royal Kunia

80

100

-20.00%

 

$582,762

$594,622

-1.99%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

Ending January 2008

Ending January 2007

% Change

 

Ending January 2008

Ending January 2007

% Change

Royal Kunia

14

29

-51.72%

 

$284,678

$314,615

-9.52%

*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/

 
2 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®

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