This Westloch sales report covers both Westloch Estates and Westloch Fairway (part of zip code of 96706).  We have seen a flattening of the market when comparing with 2006 numbers.  Earlier in the year things dropped a little, but have increased slightly to bring the year to date numbers close to 2006 levels.

Month to date in November there have been 3 additional closings.

Interest rates are still low and there is a good selection of inventory making it a good market for buyers.

Currently Active for Sale (11/29/07)

  • 18 Single Family Homes

Currently in Escrow (11/29/07):

  •  6 Single Family Homes

For the Month of October2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Westloch

3

2

+50%

 

$472,333

$464,500

+1.69%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year to Date Through October 31, 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Westloch

42

44

-4.55%

 

$518,880

$534,409

-2.91%

 

 

 

 

 

 

 

 

*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: www.localism.com

 

 

2 Comments on Westloch - Real Estate Sales Activity for October 2007

NOV
29
2007
847,709 Points 213 Featured Posts Localism Sponsor Outside Blog Hit Router

Mmmm.  Down for the year.  Up for the month.  Truth will tell by March 2007.  I don't believe your market is in the bad shape ours is, but it doesn't appear exactly vigorous either.

 

6:01pm • #1
489,866 Points 84 Featured Posts Localism Sponsor Outside Blog Hit Router
That community is sandwiched between several new home developers, which keeps the resale numbers a little soft.  Islandwide we have the highest price increases in the country.
6:36pm • #2

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