Single Family homes sales in Wahiawa/ Whitmore have shown increases. Average sales prices of single family homes have held consistent with the same period last year. Sales volume has dropped considerably. The number of month's worth of inventory has increased in recent months giving buyers more selection. Buyers will be able to find the home of their dreams, while seller's will find that pricing and the condition of their home will be more important now than in recent months.
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 tremendously year to date compared to the same period last year. Buyer will find sellers more motivated than last year.
The below figures include both fee simple and leasehold properties. These are only the totals and averages.
Currently Active for Sale (7/5/2008):
- 37 Single Family Homes
- 24 Condos/ Townhouses
Currently in Escrow (7/5/2008):
- 9 Single Family Homes
- 5 Condos/ Townhouses
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For the Month of June - Sold Resale Homes
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Single Family Homes
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Number of Sales
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Average Sales Price
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Area
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2008
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2007
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% Change
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2008
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2007
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% Change
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Wahiawa/ Whitmore Area
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4
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3
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+33.33%
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$386,625
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$468,966
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-17.56%
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Condominiums
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Number of Sales
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Average Sales Price
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Area
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2008
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2007
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% Change
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2008
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2007
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% Change
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Wahiawa/ Whitmore Area
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25
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37
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-32.24%
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$489,540
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$485,645
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+0.80%
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Year to Date - Sold Resale Homes
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Single Family Homes
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Number of Sales
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Average Sales Price
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Area
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Ending 6/30/08
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Ending 6/30/07
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% Change
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Ending 6/30/08
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Ending 6/30/07
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% Change
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Wahiawa/ Whitmore Area
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--
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7
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--
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--
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$181,857
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--
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Condominiums
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Number of Sales
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Average Sales Price
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Area
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Ending 6/30/08
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Ending 6/30/07
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% Change
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Ending 6/30/08
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Ending 6/30/07
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% Change
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Wahiawa/ Whitmore Area
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10
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26
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-61.54%
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$172,565
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$178,230
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-3.18%
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*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: www.HawaiiRandy.com
Or at: www.localism.com