Real Estate Sales Activity in the Makakilo, Hawaii

By
Managing Real Estate Broker with eXp Realty RB-19250

Makakilo is made up of the neighborhoods on the hills above the City of Kapolei (makes up most of tax map key 192).

Single family home prices have leveled but have had consistent levels of sales.  Currently there is about 6 months worth of inventory.

Makakilo condos and townhouses have shown some leveling but have had consistent sales volume and prices.  There is currently about 3 months worth of inventory.

These are only the totals and averages.

Here are number of single family homes sold in Makakilo:

2007:                                                                                       Average Sales Price:

  • Today                                      78 homes active for sale
  • Today                                      26 homes in escrow
  • January 2007                           10 homes sold                        

Previous periods:

7/1/06 through 12/31/06:         83 homes sold                         $653,228

  • 1/1/06 through 6/30/06            84 homes sold                         $645,502
  • 7/1/05 through 12/31/05          81 homes sold                         $660,278
  • 1/1/05 through 6/30/05            61 homes sold                         $533,322
  • 7/1/04 through 12/31/04          97 homes sold                         $489,115                    

Here are the number of condos and townhouses sold in the Makakilo:

2007:                                                                                       Average Sales Price:

  • Today                                       35 homes active for sale       
  • Today                                        25 homes in escrow
  • January 2007                             13 homes sold                                  

Previous periods:

  • 7/1/06 through 12/31/06:           96 homes sold                       $366,454        
  • 1/1/06 through 6/30/06            123 homes sold                       $370,782                    
  • 7/1/05 through 12/31/05          101 homes sold                       $301,006        
  • 1/1/05 through 6/30/05            103 homes sold                       $248,602                                
  • 7/1/04 through 12/31/04          127 homes sold                       $208,267                    

You can find out more about real estate in Hawaii at: http://www.hawaiirandy.com/

Posted by

 

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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

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Rainer
111,655
Carole Cohen
Howard Hanna Cleveland City Office - Cleveland, OH
Realtor, ePRO
Randy, this is an eye opener. You also do your 'stats' posts in a similar way to me, I have been worried about the style I used; now I see how easy it is to read and figure out. Thanks for the info from beautiful Hawaii
Feb 27, 2007 07:33 AM #1
Rainmaker
660,086
Randy Prothero
eXp Realty - Mililani, HI
Hawaii REALTOR, (808) 384-5645
I like looking at the numbers for various communities that I service.  It takes me a little work to pull them from MLS.  What made me start doing it was that the local media kept reporting how much prices were dropping ans scaring the buyers.  When I pulled numbers in several communities I found that was not true.
Feb 27, 2007 08:26 AM #2
Rainer
111,655
Carole Cohen
Howard Hanna Cleveland City Office - Cleveland, OH
Realtor, ePRO
I agree with you! Same here; also, I think it helps me talk to clients with more info under my hat so to speak lol.  Your charts look better than mine though lol.
Feb 27, 2007 02:02 PM #3
Rainmaker
660,086
Randy Prothero
eXp Realty - Mililani, HI
Hawaii REALTOR, (808) 384-5645
I just do it in Word, nothing fancy.
Feb 27, 2007 02:49 PM #4
Rainer
132,115
Lysa Napolitano
Daytona Beach, FL
Wow Randy... I didn't realize how high the average price was in Makakilo.. I just picked myself off the floor.
Mar 01, 2007 01:05 AM #5
Rainmaker
660,086
Randy Prothero
eXp Realty - Mililani, HI
Hawaii REALTOR, (808) 384-5645
Lysa - There are some Million Dollar homes up towards the top of the hill.   The views on the hill are making it a hot commodity.
Mar 01, 2007 12:54 PM #6
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Rainmaker
660,086

Randy Prothero

Hawaii REALTOR, (808) 384-5645
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