The prices in real estate in Kapaau, 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 Kapaau has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,110. In December this price pretty much remained the same at a value of $1,067 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 953 %. The price per sq.feet has had a considerable increase of 162 % 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 $5,732.75 to $9,314.5 during March, and April.
Based upon to the price in Kapaau (cities), these have remained the same in the last 6 months. The average price for November is $1,400,364. During December the price had a considerable reduction till $1,025,811. During the following two months (January, February) the average price had a considerable increase of 120 % 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 112 % during the last two months.