Property prices for sale in Kailua Kona (Hawaii)
The prices in real estate in Kailua Kona, 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 Kailua Kona has increased strongly during the last 6 months. In October, the average price per sq.feet was $13,304. In the following month the price per sq.feet increased considerably to $16,444. In the following two months the price per sq.feet has increased 112 %, going from $14,874 to $16,714 per sq.feet. The price per sq.feet has had a considerable increase of 120 % 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 $15,794 to $18,977.5 during February, and March.
Based upon to the price in Kailua Kona (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $1,575,867. During November the price went through a considerable rise reaching $1,866,376. During the following two months (December, January) the average price had a considerable increase of 119 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $1,886,369.5 to $1,753,962.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,545,165 they are 69 % more affordable than the average price for Kailua Kona. 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 $1,255,925.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $602 / sq.feet, with an average $17,320 / sq.feet price in Kailua Kona. The properties with the highest average prices have 4 bedrooms. They are 26 % more expensive than the average followed by properties with 3 bedrooms with a price at $6,656 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,545,165 it is 51 % cheaper than the average price in Kailua Kona. "Apartment" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $1,968,451 it is 94 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $461 / sq.feet followed by "Condo" priced at $689 / sq.feet. "Land" is the most costly type of property with a $23,005 / sq.feet cost followed by "House" with an average price of $14,698 / sq.feet.
