The prices in real estate in Waimanalo, in the Hawaii region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Waimanalo has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,710. In the following month the price per sq.feet decreased considerably to $2,052. The price for the following two months in (December, January) had a considerable decrease of 41 with regard to the prior two months. The price per sq.feet has decreased 89 % 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 $1,673.75 to $1,496 during February, and March.
Based upon to the price in Waimanalo (cities), these have remained the same in the last 6 months. The average price for October is $2,387,013. During November the price had a slight fall till $2,202,729. During the following two months (December, January) the average price fell 94 % 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 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $2,378,714 they are 58 % more expensive than the average price for Waimanalo. Following this ranking we find those properties with 1 at an average price of $3,776,882. The properties with the highest average price have 1 bedroom, Their price is 59 % more costly than the average. After that we have properties with 2 bedrooms priced at $3,758,033.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $1,126 / sq.feet, with an average $1,503 / sq.feet price in Waimanalo. The properties with the lowest average prices have 1 bedroom. They are 24 % cheaper than the average followed by properties with 2 bedrooms with a price at $1,126 / sq.feet.
With regard to the average price based upon the property in Waimanalo we can see that most expensive property type is "House" at a price of $3,758,033, they are 58 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 58 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $1,126 / sq.feet. "House" with an average cost of $1,126 / sq.feet has the lowest price and would be directed at less affluent cities.