The prices in real estate in Keaau, 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 Keaau has increased strongly during the last 6 months. In February, the average price per sq.feet was $216. In March this price pretty much remained the same at a value of $214 per sq.feet. The price for the following two months in (April, May) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 1420 % 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 $203.75 to $2,892.5 during June, and July.
Based upon to the price in Keaau (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $367,811. In March This price remains at $356,390. During the following two months (April, May) the average price fell 91 % 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 474 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,312,939 they are 88 % more affordable than the average price for Keaau. The properties with the lowest average price have 4 bedrooms, Their price is 65 % cheaper than the average. After that we have properties with 3 bedrooms priced at $277,974.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $128 / sq.feet, with an average $2,904 / sq.feet price in Keaau. The properties with the lowest average prices have 4 bedrooms. They are 42 % cheaper than the average followed by properties with 3 bedrooms with a price at $260 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $1,312,939 it is 94 % cheaper than the average price in Keaau. "House" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $305,210 it is 73 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $182 / sq.feet followed by "Duplex" priced at $212 / sq.feet. "Land" is the cheapest type of property with a $916 / sq.feet value followed by "Duplex" with an average price of $212 / sq.feet.