The prices in real estate in Haleiwa, in the Hawaii region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Haleiwa has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $1,446. In the following month the price per sq.feet decreased to $1,255. The price for the following two months in (September, October) had a considerable decrease of 59 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 75 % 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 $1,077 to $804.5 during November, and December.
Based upon to the price in Haleiwa (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $2,073,842. During August the price went through a considerable rise reaching $2,712,667. During the following two months (September, October) the average price fell 91 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $2,317,692 they are 5 % more affordable than the average price for Haleiwa. The properties with the highest average price have 1 bedroom, Their price is 49 % more costly than the average. After that we have properties with 2 bedrooms priced at $2,204,486.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $6,894 / sq.feet, with an average $802 / sq.feet price in Haleiwa. The properties with the highest average prices have 1 bedroom. They are 1057 % more expensive than the average followed by properties with 2 bedrooms with a price at $6,894 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $2,317,692 it is 5 % cheaper than the average price in Haleiwa. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $2,193,483 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $6,859 / sq.feet followed by "House" priced at $6,894 / sq.feet. "House" is the most costly type of property with a $6,894 / sq.feet cost followed by "Condo" with an average price of $6,859 / sq.feet.