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Hauula, Hawaii Real Estate Sales Activity - July 2008

Hauula (tax map keys 153 thru 154)

Single family homes have really slowed down dramatically. While sales volume is up, the amount of inventory in comparison, makes this a clear buyer's market. Prices have gone down a little less than 6% compared to the same period of time last year.

With currently supply and demand along with low interest rates buyers, should be able to find the home of their dreams. Seller's will need to price their homes properly and be prepared for the potential that is make take longer to sell their home.

Current Active for Sale (August 2, 2008):

30 Single Family Homes

Currently in Escrow (August 2, 2008):

3 Single Family Homes

For the Month of July - Sold Resale Homes

Single Family Homes

Number of Sales

Average Sales Price

Area

2008

2007

% Change

2008

2007

% Change

Hauula

3

1

+200%

$605,000

$650,000

-6.92%

Year to Date Ending July 31st - Sold Resale Homes

Single Family Homes

Number of Sales

Average Sales Price

Area

2008

2007

% Change

2008

2007

% Change

Hauula

10

7

+42.85%

$580,100

$614,285

-5.57%

*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: www.HawaiiRandy.com

Or at: www.localism.com

Posted Saturday Aug 02