Single Family homes sales in Waikele have remained steady. Average sales prices of single family homes are down slightly year to date from the 2006 year, but did see some a nice increase in October. Sales volume is up year to date. The current inventory levels make it a nice balance for both buyers and sellers.
Condo and townhouse sales in Waikele are another story. Average sales prices have increased slightly year to date. Sales volume had a slight increase in October. Inventory levels lower than many neighborhoods. Prices may continue to rise if inventory levels and mortgage interest rates stay consistent.
Currently Active for Sale (October 11, 2007):
- 11 Single Family Homes
- 23 Condos/ Townhouses
Currently in Escrow (October 11, 2007):
- 5 Single Family Homes
- 11 Condos/ Townhouses
For the Month of October 2007 | ||||||||
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Single Family Homes | ||||||||
| Number of Sales |
| Average Sales Price | |||||
Area | 2007 | 2006 | % Change |
| 2007 | 2006 | % Change | |
Waikele | 3 | 6 | -50.00% |
| $760,000 | $670,833 | +13.29% | |
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Condominiums | ||||||||
| Number of Sales |
| Average Sales Price | |||||
Area | 2007 | 2006 | % Change |
| 2007 | 2006 | % Change | |
Waikele | 11 | 10 | +10.00% |
| $378,789 | $362,800 | +4.41% | |
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Year to Date Through October 31, 2007 | ||||||||
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Single Family Homes | ||||||||
| Number of Sales |
| Average Sales Price | |||||
Area | 2007 | 2006 | % Change |
| 2007 | 2006 | % Change | |
Waikele | 46 | 40 | +15.00% |
| $635,593 | $655,600 | -3.05% | |
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Condominiums | ||||||||
| Number of Sales |
| Average Sales Price | |||||
Area | 2007 | 2006 | % Change |
| 2007 | 2006 | % Change | |
Waikele | 116 | 123 | -5.69% |
| $362,642 | $358,141 | +1.26% | |
*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/
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