Royal Kunia is a planned community in Waipahu, Hawaii (makes up part of tax map key 194).
Single Family homes average prices have softened. Sales volume of single family homes has shown a 20% slippage in volume for the last 12 months over the previous 12 month period. While average sales prices came close to staying even with a slight 2% drop. Inventory levels are extremely low and with the recent interest rate drops, expect prices to continue to remain strong for at least the short term.
Condos and townhouses: Sales volume of condos is small, due to the limited number of condo complexes in Royal Kunia.
- Currently Active for Sale (2/2/2008):
- 18 Single Family Homes
- 7 Condos/ Townhouses
- Currently in Escrow (2/2/2008):
- 9 Single Family Homes
- 1 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 |
Royal Kunia | 1 | 6 | -83.33% | | $530,000 | $600,666 | -11.76% |
| | | | | | | |
Condominiums |
| Number of Sales | | Average Sales Price |
Area | 2008 | 2007 | % Change | | 2008 | 2007 | % Change |
Royal Kunia | 1 | 4 | -75.00% | | $210,000 | $311,500 | -32.58% |
| | | | | | | |
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 |
Royal Kunia | 80 | 100 | -20.00% | | $582,762 | $594,622 | -1.99% |
| | | | | | | |
Condominiums |
| Number of Sales | | Average Sales Price |
Area | Ending January 2008 | Ending January 2007 | % Change | | Ending January 2008 | Ending January 2007 | % Change |
Royal Kunia | 14 | 29 | -51.72% | | $284,678 | $314,615 | -9.52% |
*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/
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Randy
Is it picking up at all, or going soft?
Sincerely
Tom braatz