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/
Randy
Are there steady buyers, or are there fewer of them
REgards
Tom BRaatz