Single Family homes sales in Wahiawa/ Whitmore have shown increases. Average sales prices of single family homes are slightly up for the last 12 months over the previous 12 month period.  Sales volume is slightly up.  There is over 5 months worth of inventory.  Buyers will still be able to find the home of the dreams, while seller's will be able to move there properties as long as they are priced appropriately and show well.

Condo and townhouse sales in Wahiawa/ Whitmore are another story.  Average sales prices have shown a slight drop of a little over 3%, while sales volume is down nearly 25% year to date from last years numbers.  The inventory levels are still at a level that keep it balanced for both buyers and sellers.

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

 

  • Currently Active for Sale (2/2/2008)
      •  32 Single Family Homes
      •  25 Condos/ Townhouses

 

  • Currently in Escrow (2/2/2008)
      •    5 Single Family Homes
      •    2 Condos/ Townhouses

For the Month of  January - Sold Resale Homes

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2008

2007

% Change

 

2008

2007

% Change

Wahiawa/ Whitmore Area

6

4

+50.00%

 

$456,666

$543,625

-16.00%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2008

2007

% Change

 

2008

2007

% Change

Wahiawa/ Whitmore Area

2

3

-33.33%

 

$181,000

$167,500

+8.06%

 

 

 

 

 

 

 

 

12 Months - Sold Resale Homes

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

Ending January 2008

Ending January 2007

% Change

 

Ending January 2008

Ending January 2007

% Change

Wahiawa/ Whitmore Area

70

68

+2.94%

 

$514,734

$478,683

+7.53%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

Ending January 2008

Ending January 2007

% Change

 

Ending January 2008

Ending January 2007

% Change

Wahiawa/ Whitmore Area

47

62

-24.19%

 

$181,691

$187,457

-3.08%

*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/

 

2 Comments on Wahiawa & Whitmore Village – January 2008 Real estate Sales Activity

FEB
03
2008
491,787 Points 1 Featured Post Outside Blog Hit Router

Randy

Are there steady buyers, or are there fewer of them

REgards

Tom BRaatz

12:07am • #1
489,591 Points 84 Featured Posts Localism Sponsor Outside Blog Hit Router
Tom - There were a lot of buyers watching and waiting.  I am starting to see them jumping back in the game with the lower interest rates and softened prices in some of the communities.
1:32am • #2

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