Real Estate Sales Activity in the Maili – May 2007

By
Managing Real Estate Broker with eXp Realty RB-19250

Maili, Hawaii is located on the Leeward (west) side of Oahu. (tax map key 187).

Maili Single family homes sales volume has slowed from the 2006 numbers, but prices have continued to climb.  There is currently about 3 months worth of inventory. 

Maili condos and townhouses have seen significant drop in both sales volume and average price from the 2006 figures year to date. With prices appeared to pick up a little in May, but with 3 transactions it is impossible to determine if there is anything to conclude form that.

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

Currently (June 30, 2007) under the "Active for Sale Category" there are: 

  • 104 Single Family Homes
  •   14 Condos/ Townhouses

Currently in Escrow:

  •   21 Single Family Homes
  •     3 Condos/ Townhouses

For the Month of May 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Maili

10

12

-16.67%

 

$485,420

$419,666

+15.67%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Maili

3

3

--

 

$206,666

$225,224

-8.24%

 

 

 

 

 

 

 

 

Year to Date Through May 31, 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Maili

41

74

-44.59%

 

$406,209

$372,191

+9.14%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Maili

10

38

-73.68%

 

$188,150

$221,115

-14.91%

*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/

Posted by

 

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

Randy L. Prothero, REALTOR®

Broker-in-Charge, ABR, AHWD, CRB, CRS, e-PRO, GRI, MRP, SFR

eXp Realty

Team Leader - "The Prothero Group"

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.  His luxury home listings sell faster and for more money.

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

Comments (2)

Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Randy, it is always good to learn more about the stats and the current activity in other states, keep the good blog :)

 

Jul 01, 2007 04:38 PM
Randy L. Prothero
eXp Realty - Mililani, HI
Hawaii REALTOR, (808) 384-5645
Ray - I too like reading the numbers from other places.   Many of my clients expect me to be up on what the other markets are doing.
Jul 01, 2007 06:22 PM