Hawaii Randy's Real Estate Opinions: June 2007

Real Estate Sales Activity in the Waipio Gentry, Hawaii Area - May 2007

The Waipio Gentry area includes Crestview and Seaview.

Single Family homes sales have softened. Average sales prices of single family homes have softened slightly due to the average number of days on the market.  Sales volume has seen a slight increase over 2006.  Buyers will find sellers to still be somewhat negotiable and with continued low mortgage interest rates it is a good time to purchase in the Waipio Gentry Area.

Condo and townhouse sales are another story.  Inventory is relatively low and prices have continued to climb, although sales volume is slipped some.  The condo market in the Waipio gentry Area is a little more balanced between buyers and sellers, making it a good market for both buyers and sellers.

Currently (June 11, 2007) under the "Active for Sale Category" there are: 

  • 15 Single Family Homes
  • 24 Condos/ Townhouses

Currently in Escrow:

  •    4 Single Family Homes
  •  12 Condos/ Townhouses

For the Month of May 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Waipio Gentry Area (including Crestview & Seaview)

4

0

+100%

 

$568,750

-

+100%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Waipio Gentry Area (including Crestview & Seaview)

14

17

-17.65%

 

$294,350

$276,870

+6.31%

 

 

 

 

 

 

 

 

Year to Date Through May 31, 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Waipio Gentry Area (including Crestview & Seaview)

19

15

-26.67%

 

$613,500

$629,400

-2.53%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Waipio Gentry Area (including Crestview & Seaview)

39

66

-40.91%

 

$291,097

$278,261

+4.61%

*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: www.localism.com

 

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

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

Comment balloon 0 commentsRandy Prothero • June 11 2007 02:14PM
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