Property prices for sale in Lihue (Hawaii)
The prices in real estate in Lihue, 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 Lihue has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,013. In the following month the price per sq.feet increased to $1,106. The price for the following two months in (December, January) had a considerable decrease of 76 with regard to the prior two months. The price per sq.feet has had a considerable increase of 216 % 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 $932.5 to $2,017 during February, and March.
Based upon to the price in Lihue (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $1,269,501. In November This price remains at $1,259,879. During the following two months (December, January) the average price fell 88 % 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 111 % 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 $1,189,686 they are 51 % more affordable than the average price for Lihue. The properties with the highest average price have 4 bedrooms, Their price is 172 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,556,587.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $971 / sq.feet, with an average $1,480 / sq.feet price in Lihue. The properties with the highest average prices have 1 bedroom. They are 417 % more expensive than the average followed by properties with 4 bedrooms with a price at $3,925 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $1,189,686 it is 2 % more expensive than the average price in Lihue. "Condo" is seen as the second dearest property type. The dearest property type is "House" followed by "Condo". At a price of $1,321,241 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $1,107 / sq.feet followed by "House" priced at $2,775 / sq.feet. "Apartment" is the most costly type of property with a $11,717 / sq.feet cost followed by "House" with an average price of $2,775 / sq.feet.
