Hawaii Randy's Real Estate Opinions: March 2008 Real Estate Sales Activity for Montecito/ Tuscany in Ewa Gentry

March 2008 Real Estate Sales Activity for Montecito/ Tuscany in Ewa Gentry

MMontecito/ Tuscanyontecito/ Tuscany an Ewa Gentry planned community in Ewa Beach, Hawaii (makes up part of tax map key 191).

Single Family Homes (resale): The number of active for sale has increased from 12 to 18 since March.  The average days on the market have increased.  Average prices have seen some slippage in the last few months, making the community a very attractive for buyers.

Currently Active for Sale (April 26, 2008):   

  •  18 Single Family Homes

Currently in Escrow (April 26, 2008):

  •    3 Single Family Homes

For the Month of  March - Sold Resale Homes

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

Area

2008

2007

% Change

 

2008

2007

% Change

Montecito/ Tuscany

3

1

+300%

 

$400,666

$430,000

-6.82%

 

 

 

 

 

 

 

 

12 Months - Sold Resale Homes

 

 

 

 

 

 

 

 

Single Family Homes

 

Number of Sales

 

Average Sales Price

 

Ending  March 2008

Ending  March 2007

% Change

 

Ending  March 2008

Ending  March2007

% Change

Montecito/ Tuscany

20

7

+285.71%

 

$445,500

$469,357

-5.08%

 

 

 

 

 

 

 

 

*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/

 

Comments

Wow Randy!!

I doubt if any agents are complaining about the modest reduction in average price with the increase in the number of transaction. 

You guys must be working day and night.

Posted by Lenn Harley, Real Estate Broker, Virginia & Maryland (Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate) over 2 years ago
I just closed one in there and it took about 7 months on the market.  They just started selling again in there.  Most areas I average 8 weeks or less.  I am pretty busy right now.  Tomorrow I will have five open houses.
Posted by Randy L. Prothero - Hawaii REALTOR® (Century 21 Liberty Homes) over 2 years ago

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