The prices in real estate in Honokaa, 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 Honokaa has increased strongly during the last 6 months. In November, the average price per sq.feet was $547. In December this price pretty much remained the same at a value of $533 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 1038 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $3,071.25 to $3,204.5 during March y April
Based upon to the price in Honokaa (cities), this has gone up considerably in the last 6 months. The price in November is $1,035,778, rising in December till $1,119,556. During the following two months (January, February) the average price had a considerable increase of 142 % 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 176 % during the last two months.