The prices in real estate in Holualoa, 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 Holualoa has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $4,005. In the following month the price per sq.feet decreased considerably to $426. The price for the following two months in (September, October) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 38 % 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 $1,320.25 to $503.5 during November, and December.
Based upon to the price in Holualoa (cities), this has gone up considerably in the last 6 months. The average price for July is $713,188. During August the price had a slight fall till $631,324. During the following two months (September, October) the average price had a considerable reduction of 72 % 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 219 % 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 $1,460,993 they are 85 % more affordable than the average price for Holualoa. The properties with the lowest average price have 4 bedrooms, Their price is 45 % cheaper than the average. After that we have properties with 3 bedrooms priced at $628,986.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $322 / sq.feet, with an average $512 / sq.feet price in Holualoa. The properties with the highest average prices have 2 bedrooms. They are 9 % more expensive than the average followed by properties with 3 bedrooms with a price at $416 / sq.feet.
With regard to the average price based upon the property in Holualoa we can see that the cheapest property type is "House" at a price of $552,753, they are 62 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 62 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $442 / sq.feet. "House" with an average cost of $442 / sq.feet has the lowest price and would be directed at less affluent cities.