The prices in real estate in Honolulu, in the Hawaii region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Honolulu has remained the same in the last 6 months. In May, the average price per sq.feet was $710. In the following month the price per sq.feet increased to $770. The price for the following two months in (July, August) decreased 89 % with regard to the prior two months. 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 $699.5 to $716 during September y October
Based upon to the price in Honolulu (cities), these have remained the same in the last 6 months. The average price for May is $730,171. During June the price had a slight fall till $629,099. During the following two months (July, August) the price has had an average incrementation from $679,635 to $726,924. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % 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 $831,537 they are 47 % more affordable than the average price for Honolulu. The properties with the highest average price have 4 bedrooms, Their price is 82 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,149,689.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $581 / sq.feet, with an average $661 / sq.feet price in Honolulu. The properties with the highest average prices have 3 bedrooms. They are 8 % more expensive than the average followed by properties with 1 bedroom with a price at $674 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $831,537 it is 8 % cheaper than the average price in Honolulu. "Condo" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $1,278,989 it is 272 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $612 / sq.feet followed by "House" priced at $732 / sq.feet. "Townhouse" is the most costly type of property with a $5,637 / sq.feet cost followed by "Condo" with an average price of $839 / sq.feet.