Real Estate Sales Activity in the Pearl City/ Aiea Areas

The Pearl City/ Aiea areas have had steady growth in sales prices for that last few years and steady sales.  January started the year a little bit slow.  Lower priced single family homes seemed to be the norm, while condos maintained their average price in January 2007.

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

Here are number of single family homes sold in the Pearl City/ Aiea areas:

2007:                                                                                       Average Sales Price:

• Today                                     57   homes active for sale
• Today                                      17   homes in escrow
• January 2007                           12   homes sold                       $516,291
• 7/1/06 through 12/31/06:         133 homes sold                       $647,014

Previous periods:                                                                   Average Sales Price:

• 1/1/06 through 6/30/06            135 homes sold                       $624,675
• 7/1/05 through 12/31/05          146 homes sold                       $595,834        
• 1/1/05 through 6/30/05            128 homes sold                       $542,780
• 7/1/04 through 12/31/04          149 homes sold                       $491,485              

Here are the number of condos and townhouses sold in the Pearl City/ Aiea areas:

2007:                                                                                       Average Sales Price:

• Today                                      133 homes active for sale
• Today                                        53 homes in escrow
• January 2007                             36 homes sold                       $297,786
• 7/1/06 through 12/31/06:         263 homes sold                       $297,443

Previous periods:

• 1/1/06 through 6/30/06            313 homes sold                       $295,338
• 7/1/05 through 12/31/05          333 homes sold                       $259,142
• 1/1/05 through 6/30/05            346 homes sold                       $212,208
• 7/1/04 through 12/31/04          395 homes sold                       $220,711

You can find out more about real estate in Hawaii at: http://www.hawaiirandy.com/

Or at: http://www.localism.com/