The prices in real estate in Ewa Beach, in the Hawaii region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Ewa Beach has increased strongly during the last 6 months. In November, the average price per sq.feet was $402. In the following month the price per sq.feet increased to $447. In the following two months the price per sq.feet has increased 111 %, going from $424.5 to $471.5 per sq.feet. The price per sq.feet has increased 111 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $448 to $496 during March, and April.
Based upon to the price in Ewa Beach (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $676,929. In December This price remains at $647,863. In the following two months the average price has remained the same with regard to the previous two months from $662,396 to $663,708.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $663,052.25 and $655,388.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $668,781 they are 52 % more affordable than the average price for Ewa Beach. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $705,653.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $477 / sq.feet, with an average $511 / sq.feet price in Ewa Beach. The properties with the highest average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at $514 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $668,781 it is 31 % cheaper than the average price in Ewa Beach. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $512,833 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $386 / sq.feet followed by "Townhouse" priced at $391 / sq.feet. "House" is the cheapest type of property with a $503 / sq.feet value followed by "Condo" with an average price of $480 / sq.feet.