The prices in real estate in Makawao, in the Hawaii region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Makawao has remained the same in the last 6 months. In September, the average price per sq.feet was $572. In October this price pretty much remained the same at a value of $573 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $572.5 to $545.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $559 to $545 during January y February
Based upon to the price in Makawao (cities), this has gone up in the last 6 months. In our first sample month during September, the average price is $723,402. In October This price remains at $733,571. During the following two months (November, December) the price has had an average incrementation from $728,486.5 to $796,191.5. 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 $816,794 they are 44 % more affordable than the average price for Makawao. The properties with the highest average price have 4 bedrooms, Their price is 40 % more costly than the average. After that we have properties with 3 bedrooms priced at $862,662.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $470 / sq.feet, with an average $540 / sq.feet price in Makawao. The properties with the highest average prices have 2 bedrooms. They are 38 % more expensive than the average followed by properties with 1 bedroom with a price at $625 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $816,794 it is 16 % 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 $688,400 it is 164 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $550 / sq.feet followed by "Commercial" priced at $8,000 / sq.feet. "Commercial" is the most costly type of property with a $8,000 / sq.feet cost followed by "House" with an average price of $550 / sq.feet.