Property prices for sale in Kapaa (Hawaii)
The prices in real estate in Kapaa, 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 Kapaa has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,413. In the following month the price per sq.feet increased considerably to $15,899. The price for the following two months in (December, January) had a considerable increment of 146 %. The price per sq.feet has had a considerable deflation of 43 % 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 $11,278 to $4,881.5 during February, and March.
Based upon to the price in Kapaa (cities), this has gone downing the last 6 months. The average price for October is $1,244,066. During November the price had a considerable reduction till $957,766. During the following two months (December, January) the average price fell 93 % 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 gone up 107 % 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 $1,257,580 they are 35 % more affordable than the average price for Kapaa. The properties with the highest average price have 4 bedrooms, Their price is 42 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,350,331.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $993 / sq.feet, with an average $3,191 / sq.feet price in Kapaa. The properties with the lowest average prices have 3 bedrooms. They are 55 % cheaper than the average followed by properties with 4 bedrooms with a price at $1,184 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $1,257,580 it is 50 % cheaper than the average price in Kapaa. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $1,473,387 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $799 / sq.feet followed by "Condo" priced at $1,185 / sq.feet. "House" is the cheapest type of property with a $2,566 / sq.feet value followed by "Land" with an average price of $1,580 / sq.feet.
