The prices in real estate in Hanalei, in the Hawaii region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Hanalei has increased during the last 6 months. In November, the average price per sq.feet was $18,590. In the following month the price per sq.feet decreased considerably to $3,408. The price for the following two months in (January, February) had a considerable increment of 402 %. The price per sq.feet has had a considerable deflation of 12 % 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 $27,580.25 to $3,393.5 during March, and April.
Based upon to the price in Hanalei (cities), these have remained the same in the last 6 months. The average price for November is $5,017,294. During December the price had a considerable reduction till $3,901,737. During the following two months (January, February) the price has had an average incrementation from $4,459,515.5 to $4,804,869. Based on an analysis of the first four prices and the last two months the average price has risen strongly 129 % during the last two months.