Hawaii Randy's Real Estate Opinions: Real Estate Sales Activity in Salt Lake, Hawaii Area

Real Estate Sales Activity in Salt Lake, Hawaii Area

Salt Lake Area (tax map key 111, includes Moanalua, Aliamanu, Mapunapuna and Airport Area)

Single family homes took a little dip in prices in the first half of 2006, but came roaring back the second half of 2006 to a new historic high in prices and an increase in homes sold.  January single family home sales continued to show growth in average prices. 

Salt Lake area condos and townhouses showed some slowing in 2nd half of 2006, but the prices continued to climb.

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

Here are number of single family homes sold in Salt Lake and the surrounding areas:

2007:                                                                                                    Average Sales Price:

  • Today                                     14 homes active for sale
  • Today                                       6 homes in escrow
  • January 2007                             6 homes sold                        
  • 7/1/06 through 12/31/06:         23 homes sold                         $742,217

 

Previous periods:                                                                                Average Sales Price:

 

  • 1/1/06 through 6/30/06            22 homes sold                         $667,363
  • 7/1/05 through 12/31/05          28 homes sold                         $703,571
  • 1/1/05 through 6/30/05            36 homes sold                         $564,333
  • 7/1/04 through 12/31/04          39 homes sold                         $535,666                    

Here are the number of condos and townhouses sold in the Salt Lake and the surrounding areas:

2007:                                                                                                      Average Sales Price:

  • Today                                         49 homes active for sale     
  • Today                                         39 homes in escrow
  • January 2007                               23 homes sold                                
  • 7/1/06 through 12/31/06:           130 homes sold                     $313,774

Previous periods:

  • 1/1/06 through 6/30/06              196 homes sold                     $276,293        
  • 7/1/05 through 12/31/05            157 homes sold                     $274,602
  • 1/1/05 through 6/30/05              208 homes sold                     $232,627                    
  • 7/1/04 through 12/31/04            219 homes sold                     $239,542        

 

You can find out more about real estate in Hawaii at: http://www.hawaiirandy.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

3 comments • Randy L. Prothero - Hawaii REALTOR® (808) 384-5645 • February 22 2007 12:47AM

Comments

For those not familiar with Hawaii real estate.  Fee Simple refers to properties that you own both the land and imporovements.  Leasehold you buy the improvements and lease the land, usually for a period of many years.
Posted by Randy L. Prothero - Hawaii REALTOR® (808) 384-5645 (Century 21 Liberty Homes ) almost 5 years ago

I lived in Salt Lake too! Our condo overlooked HNL, if I woke up and saw that Western Flt at the gate from Alaska I knew I was late! Don't remember the name of the building now tho.

Posted by Lysa Napolitano almost 5 years ago
Lysa - You know you way around the island.
Posted by Randy L. Prothero - Hawaii REALTOR® (808) 384-5645 (Century 21 Liberty Homes ) almost 5 years ago

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