Salt Lake Area (tax map key 111, includes Moanalua, Aliamanu, Mapunapuna and Airport Area)
The below figures include both fee simple and leasehold properties. These are only the totals and average sale prices.
Single Family homes sales have softened. Average sales price of single family homes have continued to climb again. Sales volume is down from last year. Inventory levels are still hovering at about 6 months.
Condo and townhouse sales are another story. Inventory is low with just a little more than 2 months worth. Average sales prices have seen a nice jump over last year. The Salt Lake area is still in a seller's market for condos.
Current Active for Sale (as of 11/29/07):
- 20 Single Family Homes
- 49 Condos/ Townhouses
Currently in Escrow (as of 11/29/07):
- 6 Single Family Homes
- 17 Condos/ Townhouses
For the Month of October 2007 | ||||||||
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Single Family Homes | ||||||||
| Number of Sales |
| Average Sales Price | |||||
Area | 2007 | 2006 | % Change |
| 2007 | 2006 | % Change | |
Salt Lake Area | 3 | 3 | -- |
| $772,333 | $625,000 | +23.57% | |
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Condominiums | ||||||||
| Number of Sales |
| Average Sales Price | |||||
Area | 2007 | 2006 | % Change |
| 2007 | 2006 | % Change | |
Salt Lake Area | 23 | 18 | +27.78% |
| $337,347 | $293,022 | +15.13% | |
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Year to Date Through October 31, 2007 | ||||||||
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Single Family Homes | ||||||||
| Number of Sales |
| Average Sales Price | |||||
Area | 2007 | 2006 | % Change |
| 2007 | 2006 | % Change | |
Salt Lake Area | 32 | 38 | -15.79% |
| $777,125 | $690,868 | +11.29% | |
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Condominiums | ||||||||
| Number of Sales |
| Average Sales Price | |||||
Area | 2007 | 2006 | % Change |
| 2007 | 2006 | % Change | |
Salt Lake Area | 214 | 241 | -11.20% |
| $313,002 | $287,459 | +8.89% | |
*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/
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Randy L. Prothero, REALTOR®, ABR, AHWD, CRS, e-PRO, GRI, SFR
Century 21 Liberty Homes
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) and the Leeward Regional Chairman of the Honolulu Board of Realtors. To improve overall professionalism in his area Randy also offers classes for real estate agents.
www.HawaiiRandy.com * Oahu (Honolulu County) Property Search * Hawaii Military Relocations
