The prices in real estate in Holualoa, 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 Holualoa has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,041. In the following month the price per sq.feet increased to $1,095. The price for the following two months in (December, January) had a considerable decrease of 81 with regard to the prior two months. The price per sq.feet has had a considerable increase of 192 % 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 $966.5 to $1,856 during February, and March.
Based upon to the price in Holualoa (cities), this has gone up considerably in the last 6 months. The average price for October is $667,201. During November the price had a slight fall till $617,731. During the following two months (December, January) the average price had a considerable increase of 143 % 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 risen strongly 165 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $994,825 they are 49 % more affordable than the average price for Holualoa. The properties with the highest average price have 4 bedrooms, Their price is 173 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,175,486.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $683 / sq.feet, with an average $778 / sq.feet price in Holualoa. The properties with the highest average prices have 4 bedrooms. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $840 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $994,825 it is 36 % cheaper than the average price in Holualoa. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $2,326,824 it is 364 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $764 / sq.feet followed by "Condo" priced at $767 / sq.feet. "Land" is the most costly type of property with a $1,597,453 / sq.feet cost followed by "Condo" with an average price of $767 / sq.feet.