Hawaii Randy's Real Estate Opinions: Royal Kunia Real Estate Sales Activity – May 2007

Royal Kunia Real Estate Sales Activity – May 2007

Royal Kunia is a planned community in Waipahu, Hawaii (makes up part of tax map key 194).

Single Family homes average prices have softened.  Sales volume of single family homes has remained consistent with 2006 levels.  Average sales prices have gone down a little.  Inventory levels are still holding between 4-5 months worth.  Buyers may find sellers a little negotiable.

Condos and townhouses:  Sales volume of condos is small, due to the limited number of condo complexes in Royal Kunia.  There is currently more than a years worth of inventory, causing prices to drop and making it a good time for buyers to find a good deal.  

Currently (June 23, 2007) under the "Active for Sale Category" there are: 

  • 30 Single Family Homes
  • 18  Condos/ Townhouses

Currently in (June 23) Escrow:

  • 15 Single Family Homes
  •   1 Condos/ Townhouses

For the Month of May 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Royal Kunia

7

10

-30%

 

$581,285

$636,500

-8.67%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Royal Kunia

1

3

-66.67%

 

$270,000

$307,333

-12.15%

 

 

 

 

 

 

 

 

Year to Date Through May 31, 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Royal Kunia

39

39

--

 

$600,294

$620,602

-3.27%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Royal Kunia

10

12

-16.67%

 

$290,150

$311,666

-6.90%

*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/

 

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

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 29 2007 03:25PM

Comments

This blog does not allow anonymous comments