Hawaii Randy's Real Estate Opinions: Maili Real Estate Sales Activity for November 2007

Maili Real Estate Sales Activity for November 2007

Maili, Hawaii is located on the Leeward (west) side of Oahu. (tax map key 187).

Maili Single family homes sales volume has been down from the 2006 levels, year to date.  In November we saw an increase of activity over the same period in 2006.  The average sales prices were the reverse.  Average price down a little in November, but up year to date.

Maili condos and townhouses have seen a dramatic drop in sales volume from the 2006 levels.  Average sales prices are down year to date a little over 9%.  There were no closings in November.

The below figures include both fee simple and leasehold properties.  These are only the totals and averages.

Currently Active for Sale there are (December 29, 2007)

  • 89 Single Family Homes
  • 19 Condos/ Townhouses

Currently in Escrow (December 29, 2007):

  • 17 Single Family Homes
  •   2 Condos/ Townhouses

For the Month of November 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Maili

14

10

+140.00%

 

$386,402

$400,719

-3.57%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Maili

--

4

--

 

--

$170,250

--

 

 

 

 

 

 

 

 

Year to Date Through November 30, 2007

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Maili

103

121

-14.88%

 

$397,581

$374,915

+6.05%

 

 

 

 

 

 

 

 

Condominiums

 

Number of Sales

 

Average Sales Price

Area

2007

2006

% Change

 

2007

2006

% Change

Maili

16

58

-72.42%

 

$187,476

$206,842

-9.36%

*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/

 

 

4 commentsRandy L. Prothero - Hawaii REALTOR® • December 29 2007 05:03PM

Comments

Randy something about seeing figures in a chart like that to make things clearer and easier to see what is happening in your market.  Hope those negative signs change to positives in 2008.
Posted by George Souto NMLS# 65149 FHA, CHFA, VA Mortgages Connecticut over 2 years ago
That community has been slower than many in our county.  I am cautiously optimistic about the 2008 market here.
Posted by Randy L. Prothero - Hawaii REALTOR® (Century 21 Liberty Homes) over 2 years ago
Randy, Happy New Year to you my Hawaiian friend!!!
Posted by Pasadena CA Real Estate - Irina Netchaev (Keller Williams International Realty) over 2 years ago

Irina - Happy New Year! 

Don't forget to watch the Sugar Bowl.  Hawaii is the only undefeated team in the nation and have what may be on the of the best college quarterbacks in history.

Posted by Randy L. Prothero - Hawaii REALTOR® (Century 21 Liberty Homes) over 2 years ago

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