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):
Currently in Escrow (11/29/07):
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% |
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| | | | | | | |
Year to Date Through October 31, 2007 |
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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
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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.