Hawaii Randy's Real Estate Opinions: Real Estate Sales Activity in the Makakilo, Hawaii

Real Estate Sales Activity in the Makakilo, Hawaii

Makakilo is made up of the neighborhoods on the hills above the City of Kapolei (makes up most of tax map key 192).

Single family home prices have leveled but have had consistent levels of sales.  Currently there is about 6 months worth of inventory.

Makakilo condos and townhouses have shown some leveling but have had consistent sales volume and prices.  There is currently about 3 months worth of inventory.

These are only the totals and averages.

Here are number of single family homes sold in Makakilo:

2007:                                                                                       Average Sales Price:

  • Today                                      78 homes active for sale
  • Today                                      26 homes in escrow
  • January 2007                           10 homes sold                        

Previous periods:

7/1/06 through 12/31/06:         83 homes sold                         $653,228

  • 1/1/06 through 6/30/06            84 homes sold                         $645,502
  • 7/1/05 through 12/31/05          81 homes sold                         $660,278
  • 1/1/05 through 6/30/05            61 homes sold                         $533,322
  • 7/1/04 through 12/31/04          97 homes sold                         $489,115                    

Here are the number of condos and townhouses sold in the Makakilo:

2007:                                                                                       Average Sales Price:

  • Today                                       35 homes active for sale       
  • Today                                        25 homes in escrow
  • January 2007                             13 homes sold                                  

Previous periods:

  • 7/1/06 through 12/31/06:           96 homes sold                       $366,454        
  • 1/1/06 through 6/30/06            123 homes sold                       $370,782                    
  • 7/1/05 through 12/31/05          101 homes sold                       $301,006        
  • 1/1/05 through 6/30/05            103 homes sold                       $248,602                                
  • 7/1/04 through 12/31/04          127 homes sold                       $208,267                    

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

 

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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 6 commentsRandy Prothero • February 27 2007 03:24PM

Comments

Randy, this is an eye opener. You also do your 'stats' posts in a similar way to me, I have been worried about the style I used; now I see how easy it is to read and figure out. Thanks for the info from beautiful Hawaii
Posted by Carole Cohen, Realtor, ePRO (Howard Hanna Cleveland City Office) over 11 years ago
I like looking at the numbers for various communities that I service.  It takes me a little work to pull them from MLS.  What made me start doing it was that the local media kept reporting how much prices were dropping ans scaring the buyers.  When I pulled numbers in several communities I found that was not true.
Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 11 years ago
I agree with you! Same here; also, I think it helps me talk to clients with more info under my hat so to speak lol.  Your charts look better than mine though lol.
Posted by Carole Cohen, Realtor, ePRO (Howard Hanna Cleveland City Office) over 11 years ago
I just do it in Word, nothing fancy.
Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 11 years ago
Wow Randy... I didn't realize how high the average price was in Makakilo.. I just picked myself off the floor.
Posted by Lysa Napolitano over 11 years ago
Lysa - There are some Million Dollar homes up towards the top of the hill.   The views on the hill are making it a hot commodity.
Posted by Randy Prothero, Hawaii REALTOR, (808) 384-5645 (eXp Realty) over 11 years ago

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