The Kailua communities (zip code of 96734 and some connecting neighborhoods) have seen changes in the real estate market.

The below figures include both fee simple and leasehold properties.  These are only the totals and average sale prices.

Single Family homes sales:  The month of October saw a drop in the number of closing and for average sales price.  Year to date both numbers have shown increases over the 2006 figures.  Inventory levels are at about 4 months worth.

Condo and townhouse sales:  Have shown increases in average sales price over 2006 levels.  Number of units sold is down year to date from last year, but did show a rebound in October.  There is currently less than 4 months worth of inventory.

Currently Active for Sale (as of 11/29/07): 

• 138 Single Family Homes
•   58 Condos/ Townhouses

Currently in Escrow (as of 11/29/07): 

•   40 Single Family Homes
•   18 Condos/ Townhouses

*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/