The prices in real estate in Kahului, 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 Kahului has increased strongly during the last 6 months. In August, the average price per sq.feet was $556. In the following month the price per sq.feet decreased to $479. The price for the following two months in (October, November) had a considerable increment of 127 %. The price per sq.feet has had a considerable increase of 226 % 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 $586.5 to $1,325 during December, and January.
Based upon to the price in Kahului (cities), this has gone up considerably in the last 6 months. In our first sample month during August, the average price is $788,894. In September This price remains at $760,337. During the following two months (October, November) the average price fell 92 % 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 336 % 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 $2,747,657 they are 81 % more affordable than the average price for Kahului. The properties with the lowest average price have 3 bedrooms, Their price is 81 % cheaper than the average. After that we have properties with 1 bedroom priced at $513,431.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $1,455 / sq.feet, with an average $1,457 / sq.feet price in Kahului. The properties with the highest average prices have 3 bedrooms. They are 31 % more expensive than the average followed by properties with 1 bedroom with a price at $1,455 / sq.feet.
With regard to the average price based upon the property in Kahului we can see that the cheapest property type is "House" at a price of $514,217, they are 81 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 81 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $1,904 / sq.feet. "House" at an average price of $1,904 / sq.feet has the most expensive price and would be directed at more affluent cities.