Property prices for sale in Lahaina (Hawaii)
The prices in real estate in Lahaina, 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 Lahaina has increased strongly during the last 6 months. In October, the average price per sq.feet was $3,878. In the following month the price per sq.feet increased considerably to $5,419. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has increased 111 % 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 $4,509.25 to $4,994.5 during February, and March.
Based upon to the price in Lahaina (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $2,153,211. In November This price remains at $2,115,431. In the following two months the average price has remained the same with regard to the previous two months from $2,134,321 to $2,124,343. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $2,202,760 they are 50 % more affordable than the average price for Lahaina. The properties with the highest average price have 4 bedrooms, Their price is 135 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,980,711.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $2,241 / sq.feet, with an average $5,757 / sq.feet price in Lahaina. The properties with the highest average prices have 4 bedrooms. They are 15 % more expensive than the average followed by properties with 2 bedrooms with a price at $2,862 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $2,202,760 it is 73 % cheaper than the average price in Lahaina. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $4,564,500 it is 130 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $580 / sq.feet followed by "Condo" priced at $2,793 / sq.feet. "Land" is the most costly type of property with a $126,040 / sq.feet cost followed by "Apartment" with an average price of $24,499 / sq.feet.
