Property prices for sale in Kilauea (Hawaii)
The prices in real estate in Kilauea, in the Hawaii region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Kilauea has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $58,017. In the following month the price per sq.feet decreased considerably to $24,431. In the following two months the price per sq.feet has increased 112 %, going from $41,224 to $46,266.5 per sq.feet. The price per sq.feet has had a considerable deflation of 25 % 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 $43,745.25 to $10,868.5 during March, and April.
Based upon to the price in Kilauea (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $4,366,538. During December the price went through a considerable rise reaching $5,868,654. In the following two months the average price has remained the same with regard to the previous two months from $5,117,596 to $5,227,211.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $5,172,404 and $5,218,954 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $4,840,821 they are 54 % more affordable than the average price for Kilauea. The properties with the highest average price have 4 bedrooms, Their price is 113 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,830,063.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $1,669 / sq.feet, with an average $16,340 / sq.feet price in Kilauea. The properties with the lowest average prices have 1 bedroom. They are 36 % cheaper than the average followed by properties with 4 bedrooms with a price at $2,367 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $4,840,821 it is 45 % cheaper than the average price in Kilauea. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $5,340,612 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $887 / sq.feet followed by "Detached House" priced at $1,499 / sq.feet. "House" is the cheapest type of property with a $1,967 / sq.feet value followed by "Detached House" with an average price of $1,499 / sq.feet.
