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.
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Or at: www.localism.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!!