The prices in real estate in Waikoloa, 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 Waikoloa has increased strongly during the last 6 months. In April, the average price per sq.feet was $472. In the following month the price per sq.feet increased considerably to $568. The price for the following two months in (June, July) had a considerable increment of 925 %. The price per sq.feet has decreased 87 % 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 $2,665.25 to $2,305.5 during August, and September.
Based upon to the price in Waikoloa (cities), this has gone downing the last 6 months. The average price during our first sample month during April, is $681,289. During May the price went through a considerable rise reaching $881,444. During the following two months (June, July) the average price had a considerable reduction of 76 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $685,705 to $560,234, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $565,061 they are 28 % more affordable than the average price for Waikoloa. The properties with the highest average price have 4 bedrooms, Their price is 909 % more costly than the average. After that we have properties with 3 bedrooms priced at $598,942.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $360 / sq.feet, with an average $369 / sq.feet price in Waikoloa. The properties with the highest average prices have 4 bedrooms. They are 322 % more expensive than the average followed by properties with 1 bedroom with a price at $458 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $565,061 it is 0 % cheaper than the average price in Waikoloa. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $922,777 it is 79 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $397 / sq.feet followed by "House" priced at $623 / sq.feet. "Land" is the most costly type of property with a $3,296 / sq.feet cost followed by "House" with an average price of $623 / sq.feet.