Property prices for sale in Kula (Hawaii)
The prices in real estate in Kula, 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 Kula has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,104. In November this price pretty much remained the same at a value of $1,141 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 1218 %. The price per sq.feet has had a considerable increase of 396 % 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 $7,395.5 to $29,283.5 during February, and March.
Based upon to the price in Kula (cities), this has gone up in the last 6 months. The average price for October is $2,754,000. During November the price had a considerable reduction till $2,043,333. During the following two months (December, January) the average price had a considerable increase of 147 % 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 113 % 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 $2,851,065 they are 9 % more affordable than the average price for Kula. The properties with the highest average price have 3 bedrooms, Their price is 120 % more costly than the average. After that we have properties with 4 bedrooms priced at $2,963,813.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $1,112 / sq.feet, with an average $44,618 / sq.feet price in Kula. The properties with the lowest average prices have 1 bedroom. They are 93 % cheaper than the average followed by properties with 2 bedrooms with a price at $2,846 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $2,851,065 it is 55 % cheaper than the average price in Kula. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $1,271,069 it is 39 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $1,367 / sq.feet followed by "Land" priced at $4,786 / sq.feet. "Land" is the cheapest type of property with a $4,786 / sq.feet value followed by "House" with an average price of $1,367 / sq.feet.
