Royal Kunia is a planned community in Waipahu, Hawaii (makes up part of tax map key 194).
Single Family homes average prices have softened. The good news for sellers is the inventory has come down a some since earlier in the year. Will that translate in prices rebounding back? I think it is too soon to tell. Buyers may find the market becoming a little more balanced over the buyers market in early 2007.
Condos and townhouses: There is currently a little over 6 months worth of inventory and prices have slipped a little over last last year. Buyers may find sellers a little more negotiable over earlier in the year.
Currently (June 23, 2007) under the "Active for Sale Category" there are:
- 31 Single Family Homes
- 3 Condos/ Townhouses
Currently in (June 23) Escrow:
- 13 Single Family Homes
- 1 Condos/ Townhouses
For the Month of May 2007 | ||||||||
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Single Family Homes | ||||||||
| Number of Sales |
| Average Sales Price | |||||
Area | 2007 | 2006 | % Change |
| 2007 | 2006 | % Change | |
Royal Kunia | 7 | 7 | -- |
| $581,285 | $602,777 | -3.57% | |
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Condominiums | ||||||||
| Number of Sales |
| Average Sales Price | |||||
Area | 2007 | 2006 | % Change |
| 2007 | 2006 | % Change | |
Royal Kunia | 1 | 3 | -66.67% |
| $270,000 | $307,333 | -12.15% | |
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Year to Date Through May 31, 2007 | ||||||||
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Single Family Homes | ||||||||
| Number of Sales |
| Average Sales Price | |||||
Area | 2007 | 2006 | % Change |
| 2007 | 2006 | % Change | |
Royal Kunia | 37 | 38 | -2.63% |
| $576,013 | $612,197 | -5.91% | |
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Condominiums | ||||||||
| Number of Sales |
| Average Sales Price | |||||
Area | 2007 | 2006 | % Change |
| 2007 | 2006 | % Change | |
Royal Kunia | 12 | 12 | -- |
| $290,150 | $311,666 | -6.90% |
*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: www.localism.com
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