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Hauula, Hawaii Real Estate Sales Activity - July 2008

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Real Estate Agent with eXp Realty 2021016812

Hauula (tax map keys 153 thru 154)

Single family homes have really slowed down dramatically.  While sales volume is up, the amount of inventory in comparison, makes this a clear buyer's market.  Prices have gone down a little less than 6% compared to the same period of time last year.

With currently supply and demand along with low interest rates buyers, should be able to find the home of their dreams.  Seller's will need to price their homes properly and be prepared for the potential that is make take longer to sell their home.

Current Active for Sale (August 2, 2008)

30 Single Family Homes

Currently in Escrow (August 2, 2008):

   3 Single Family Homes

 

For the Month of  July - Sold Resale Homes

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2008

2007

% Change

 

2008

2007

% Change

Hauula

3

1

+200%

 

$605,000

$650,000

-6.92%

 

Year to Date Ending July 31st -  Sold Resale Homes

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2008

2007

% Change

 

2008

2007

% Change

Hauula

10

7

+42.85%

 

$580,100

$614,285

-5.57%

                 

*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

 

 

 

 

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

Comments(3)

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Mark Organek
And the United States of America - Mesa, AZ
It's not a game, it's your life.

Randy, this is really good information for the residents in the Hauula market.  I hope they are fortunate to come across this and seek your interpretation and professional advice.

Aug 02, 2008 02:18 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Red Hook, NY
Mid Hudson Valley real estate connection

Randy it is certainly a good time to buy, the other factor that is of big concern is the availailty of money, it is much harder to get.

Aug 02, 2008 02:53 PM
Randy L. Prothero
eXp Realty - Hollister, MO
Missouri REALTOR, (808) 384-5645

Mark - Thank you

Jennifer - So far, it has not been a big problem in my business.  My clients generally are not get sub-prime loans.

Aug 02, 2008 03:17 PM