The prices in real estate in Princeville, in the Hawaii region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Princeville has increased during the last 6 months. In July, the average price per sq.feet was $808. In the following month the price per sq.feet increased to $851. In the following two months the price per sq.feet has barely changed, going from $829.5 to $842 per sq.feet. The price per sq.feet has had a considerable increase of 119 % 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 $835.75 to $993.5 during November, and December.
Based upon to the price in Princeville (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $1,854,316. In August This price remains at $1,889,848. In the following two months the average price has remained the same with regard to the previous two months from $1,872,082 to $1,849,806.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $1,860,944.25 to $1,669,375 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,270,000 they are 52 % more affordable than the average price for Princeville. The properties with the highest average price have 4 bedrooms, Their price is 118 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,907,797.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $625 / sq.feet, with an average $993 / sq.feet price in Princeville. The properties with the highest average prices have 4 bedrooms. They are 86 % more expensive than the average followed by properties with 3 bedrooms with a price at $856 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,270,000 it is 32 % cheaper than the average price in Princeville. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $1,466,867 it is 77 % 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 $640 / sq.feet followed by "House" priced at $918 / sq.feet. "Land" is the most costly type of property with a $8,105 / sq.feet cost followed by "House" with an average price of $918 / sq.feet.