User10966_3_t Randy L. Prothero - Hawaii REALTOR®
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The Pearl City region has had steady growth in sales prices for that last few years and steady sales.  This report covers areas including: Halawa, Foster Gardens, Aiea, Aiea Heights, Waimalu, New Town, Royal Summit, Pearl City, and Pacific Palisades.

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

Single Family homes sales have softened. Average sales price of single family homes have remained flat from last year.  Sales volume is down from last year.  Inventory levels are reasonably low.

Condo and townhouse sales are another story.  The trend is similar to the single family homes in the area.  Prices remain flat, volume down and inventory low.

Current Active for Sale (as of 11/30/07): 

  •  61 Single Family Homes
  •  99 Condos/ Townhouses

Currently in Escrow (as of 11/30/07): 

  •  27 Single Family Homes
  •  44 Condos/ Townhouses

For the Month of October 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Pearl City Area

20

14

+52.86%

 

$695,070

$718,714

-3.29%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Pearl City Area

32

39

-17.95%

 

$306,943

$305,371

+0.51%

 

 

 

 

 

 

 

 

Year to Date Through October 31, 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Pearl City Area

176

207

-14.98%

 

$655,244

$639,107

+2.52%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Pearl City Area

363

494

-16.52%

 

$307,135

$304,676

+0.81%

*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/

 

4 Comments on Real Estate Sales Activity in the Pearl City Region

Hi Randy,

The area is called "Salt Lake"?

Hope you are doing fine out by Hawaii. It is about 20 or so in wisconsin now.

Thanks

Tom Braatz

11/30/2007 03:03 PM by Tom Braatz, South Eastern Wisconsin (Tom Braatz)


Randy~ 

Great looking chart...and it seems things are steady in your market! YAY!

11/30/2007 03:53 PM by Asheville's GREEN Land & Homes ECO-Steward Realty


janeAnne - Pretty steady.  In general sales volume is down island-wide, but sales prices are up island-wide with the highest growth in the nation.  We do have some communities that are not doing as well as others.

12/01/2007 04:18 PM by Randy L. Prothero - Hawaii REALTOR® (Century 21 Liberty Homes)


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Real Estate Agent: Randy L. Prothero  - Hawaii REALTOR® (Century 21 Liberty Homes)
Randy L. Prothero - Hawaii REALTOR®
Mililani, HI
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Century 21 Liberty Homes

Cell Phone: (808) 384-5645
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