Waikele - Real Estate Sales Activity in Waikele for December 2007

By
Real Estate Broker/Owner with Island Style Realty Inc. RB-19250

Single Family homes sales in Waikele have remained steady. The 2007 average sales prices of single family homes are down a little over 3% from 2006 year.  Sales volume is up slightly though.  The current inventory levels and lower interest rates make Waikele a attractive to both buyers and sellers at this time.

Condo and townhouse sales in Waikele are another story.  Both average sales prices and sales volume have shown slight increases year to date over 2006 levels.  Prices may continue to rise if inventory levels and mortgage interest rates stay consistently low.

Currently Active for Sale (January 12, 2008):

  • 14 Single Family Homes
  • 27 Condos/ Townhouses

Currently in Escrow (January 12, 2008):

  •   5 Single Family Homes
  •   8 Condos/ Townhouses

For the Month of December 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Waikele

1

5

-80.00%

 

$550,000

$653,200

-15.80%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Waikele

10

7

+42.86%

 

$352,350

$324,571

+8.56%

 

 

 

 

 

 

 

 

Year to Date Through December 31, 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Waikele

50

47

+6.38

 

$630,405

$651,168

-3.19%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Waikele

137

136

+0.74%

 

$360,015

$356,238

+1.06%

*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®

Principal Broker, ABR, AHWD, CRS, e-PRO, GRI, MRP, SFR

Island Style Realty Inc.

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.

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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