The prices in real estate in Kula, in the Hawaii region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Kula has fallen in the last 6 months. In April, the average price per sq.feet was $803. In May this price pretty much remained the same at a value of $778 per sq.feet. The price for the following two months in (June, July) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $726.75 to $670.5 during August, and September.
Based upon to the price in Kula (cities), this has fallen considerably in the last 6 months. The average price for April is $2,391,182. During May the price had a considerable reduction till $1,624,091. During the following two months (June, July) the average price had a considerable reduction of 69 % 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 85 %, going from $1,701,160 to $1,447,914.5 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,478,312 they are 31 % more affordable than the average price for Kula. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,677,667.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $572 / sq.feet, with an average $675 / sq.feet price in Kula. The properties with the highest average prices have 1 bedroom. They are 167 % more expensive than the average followed by properties with 2 bedrooms with a price at $665 / sq.feet.
With regard to the average price based upon the property in Kula we can see that the cheapest property type is "House" at a price of $1,325,641, they are 10 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 10 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $4,996 / sq.feet. "House" at an average price of $4,996 / sq.feet has the most expensive price and would be directed at more affluent cities.