ranking real estate

Interesting notes and highlights for July 2009 Big Island of Hawaii Real Estate Market.

Year over Year (for July) Residential sales (excluding condos) were up 16% from 100 transactions to 116.

For the same period Residential sales volume was up 5.39% from $38,836,650 to $40,930,001
For the same period Residential Median Sales Price decreased 12.39% from $299,000 to $261,950

As compared to June 2009:

Residential sales transactions were up 13 from 103 (in June)
Residential sales volume was down <$12,173,499> from $53,103,500 (in June)
Residential Median Sale Price was down <$28,050> from $290,000

Overall:

All numbers have to be taken with a grain of salt as total number of transactions is fairly low and can change significantly based upon 1 or 2 sales which might be away from the norm. Nevertheless the Big Island Market in general has continued to show an overall softness with certain segments of the market fairing only slightly better then others.

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Tags: Hawaii, Hilo, market, real estate

This entry was posted on Tuesday, August 4th, 2009 at 4:00 pm and is filed under Market Info, Posts. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.