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:Aiea

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/

 

--------------------------------------------------------------------------------------------------------

Randy L. Prothero, REALTOR®, Broker-in-Charge, ABR, AHWD, CRS, e-PRO, GRI, SFR

Keller Williams Realty

 

Randy Prothero is well established as an expert in working with military / VA clients and first time home buyers.  His home seller's (listing) campaign is one of the most aggressive marketing programs in the area.

Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) Performs mediations and ombudsman services for the Board of Realtors.  To improve overall professionalism in his area Randy also offers classes for real estate agents. 

 

www.HawaiiRandy.comOahu (Honolulu County) Property Search  Hawaii Military Relocations

 

6 Comments on Real Estate Sales Activity in the Pearl City/ Aiea Areas

FEB
10
2007
597,029 Points 106 Featured Posts Localism Sponsor Outside Blog Hit Router

For those not from Hawaii:

Fee Simple: Is the tradidtional way you buy property, you buy the land and the improvements.

Leasehold:  You buy the improvements and lease the land.  Usually leases are set up for many years.

8:25pm • #1
1,359,284 Points 243 Featured Posts Outside Blog Attended Rain Camp Called Shot Master
Randy, I am going to have to do a lot more loans before I can afford one of those homes!!!
9:31pm • #2
FEB
11
2007
131,494 Points 9 Featured Posts Outside Blog
Randy, I used to live in the Pearl 1 with a "Malka" view, more of a H1 view on the 6th floor, forget now what my room mate sold it for back in the 80s..  but my half of the rent then was 350.00 a month... can you hear me whistle? (It used to cost me 14.00 to fill up my little Honda Civic back then too)
7:38am • #3
597,029 Points 106 Featured Posts Localism Sponsor Outside Blog Hit Router

George - You can do it with a negative amortization loan :)

Lysa - $350/month that should cover the maintanence fee, maybe.

5:31pm • #4
1,359,284 Points 243 Featured Posts Outside Blog Attended Rain Camp Called Shot Master
Thanks Randy you are a real pal, but I think I will wait until I can afford it.......LOL
10:12pm • #5
FEB
12
2007
597,029 Points 106 Featured Posts Localism Sponsor Outside Blog Hit Router
George - There are many loan officers promoting such ideas.  Of course I use none of them.
12:03am • #6

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Randy L. Prothero - Hawaii REALTOR® (808) 384-5645

Island Style Realty Inc. - "The Prothero Group"

Mililani, HI

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Island Style Realty Inc.

Address: 94-539 Puahi St., #B, Waipahu, HI, 96797

Office Phone: (808) 671-2225

Cell Phone: (808) 384-5645

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