Property prices for sale in Makawao (Hawaii)
The prices in real estate in Makawao, 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 Makawao has increased strongly during the last 6 months. In October, the average price per sq.feet was $844. In November this price pretty much remained the same at a value of $805 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $824.5 to $810.5 per sq.feet. The price per sq.feet has had a considerable increase of 206 % 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 $817.5 to $1,683.5 during February, and March.
Based upon to the price in Makawao (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $1,325,174. In November This price remains at $1,342,138. In the following two months the average price has remained the same with regard to the previous two months from $1,333,656 to $1,383,498. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,798,474 they are 43 % more affordable than the average price for Makawao. The properties with the lowest average price have 4 bedrooms, Their price is 21 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,373,955.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $744 / sq.feet, with an average $2,486 / sq.feet price in Makawao. The properties with the lowest average prices have 1 bedroom. They are 30 % cheaper than the average followed by properties with 2 bedrooms with a price at $1,263 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,798,474 it is 21 % cheaper than the average price in Makawao. "Commercial" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $1,419,616 it is 15 % 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 $803 / sq.feet followed by "Commercial" priced at $7,704 / sq.feet. "Commercial" is the most costly type of property with a $7,704 / sq.feet cost followed by "House" with an average price of $803 / sq.feet.
