ranking real estate » Hilo http://www.rankingrealestate.com Just another day talking about real estate Wed, 20 Jul 2011 11:00:00 +0000 en hourly 1 http://wordpress.org/?v=3.1.2 Hilo Median Sales Price and Sales Activity – April 2011 http://www.rankingrealestate.com/2011/04/27/hilo-median-sales-price-and-sales-activity-april-2011/ http://www.rankingrealestate.com/2011/04/27/hilo-median-sales-price-and-sales-activity-april-2011/#comments Wed, 27 Apr 2011 21:02:46 +0000 cmy http://www.rankingrealestate.com/?p=1356 96720, Hilo median sales prices
96720, Hilo Recently Sold Homes

Unlike
]]> http://www.rankingrealestate.com/2011/04/27/hilo-median-sales-price-and-sales-activity-april-2011/feed/ 0 Hilo Real Estate – Median Sales Price and Sales Activity http://www.rankingrealestate.com/2011/02/01/hilo-real-estate-median-sales-price-and-sales-activity/ http://www.rankingrealestate.com/2011/02/01/hilo-real-estate-median-sales-price-and-sales-activity/#comments Tue, 01 Feb 2011 20:32:10 +0000 cmy http://www.rankingrealestate.com/?p=1338 Hilo median sales prices
Hilo Recently Sold Homes

Unlike
]]> http://www.rankingrealestate.com/2011/02/01/hilo-real-estate-median-sales-price-and-sales-activity/feed/ 0 Hilo Real Estate – Median Sales Price and Total Sales http://www.rankingrealestate.com/2010/12/16/hilo-real-estate-median-sales-price-and-total-sales/ http://www.rankingrealestate.com/2010/12/16/hilo-real-estate-median-sales-price-and-total-sales/#comments Fri, 17 Dec 2010 00:20:58 +0000 cmy http://www.rankingrealestate.com/?p=1322 Hilo median sales prices
Hilo Recently Sold Homes

Unlike
]]> http://www.rankingrealestate.com/2010/12/16/hilo-real-estate-median-sales-price-and-total-sales/feed/ 0 Hilo, Hawaii Residential Market Trends Nov. 2009 – by Trulia http://www.rankingrealestate.com/2009/12/08/hilo-hawaii-residential-market-trends-nov-2009-by-trulia/ http://www.rankingrealestate.com/2009/12/08/hilo-hawaii-residential-market-trends-nov-2009-by-trulia/#comments Wed, 09 Dec 2009 00:22:40 +0000 cmy http://www.rankingrealestate.com/?p=1278 Hilo median sales prices
Hilo Recently Sold Homes

Hilo Summary

The median sales price for homes in Hilo HI for Sep 09 to Nov 09 was $281,037. This represents an increase of 24.9%, or $56,037, compared to the prior quarter and an increase of 27.7% compared to the prior year. Sales prices have appreciated 15.3% over the last 5 years in Hilo.

The average listing price for Hilo homes for sale on Trulia was $416,337 for the week ending Dec 02, which represents an increase of 1%, or $4,229, compared to the prior week and an increase of 6.2%, or $24,168, compared to the week ending Nov 11. Average price per square foot for Hilo HI was $264, an increase of 26.3% compared to the same period last year.

Unlike
]]> http://www.rankingrealestate.com/2009/12/08/hilo-hawaii-residential-market-trends-nov-2009-by-trulia/feed/ 1 Hilo, Hawaii – November Report – Residential Market looks to be steady? http://www.rankingrealestate.com/2009/11/10/hilo-hawaii-november-report-residential-market-looks-to-be-steady/ http://www.rankingrealestate.com/2009/11/10/hilo-hawaii-november-report-residential-market-looks-to-be-steady/#comments Wed, 11 Nov 2009 01:19:53 +0000 cmy http://www.rankingrealestate.com/?p=1235 In looking at the Hilo Market over the past 8 months, it appears for the time being that we can say April 2009 was the bottom of the Hilo Residential Market in terms of Median Home Price.

Below is a chart of Zillow’s Home Value Index for 96720.  The chart is also confirmed by MLS data provided by Hawaii Information.

Per Hawaii Information:  South Hilo Median home pricing was at its lowest in April which posted a Monthly Median Home Price (on sales) of $202,000 this brought the Year-To-Date (YTD) Median Home price to $247,000.

Since April the following Median Prices were posted:

May 2009  – $262,500   YTD – $250,000
June 2009 – $280,000 YTD – $256,250
July 2009 – $260,000 YTD – $257,700
Aug. 2009 – $320,000 YTD – $263,750
Sept. 2009 – $288,000 YTD – $270,000
Oct. 2009 – $285,000 YTD – $277,000

In last month’s 3rd Quarter market report, I said that “overall median home prices have continued to fall”, that would need to be tempered a bit, by the above reflective data. The jump of roughly $19,300 in median price over the past 3 months is significant when looking at Median Pricing over the whole of 2009. When compared to a Median Price rise of only $10,700 over the previous 3 months (May-July) the increase is significant.

I still agree that the main concerns for Hawaii County are that of job loss and loss of income to the general workforce. While not illustrated in the past 6 months data for South Hilo, this should be taken into account when evaluating the residential marketplace.

The Federal Government’s continued focus on tax credits should have a continued positive effect on market activity, as should the current low interest rates on home mortgages.

Zillow Home Value Index

Unlike
]]> http://www.rankingrealestate.com/2009/11/10/hilo-hawaii-november-report-residential-market-looks-to-be-steady/feed/ 0 10/31/09 – Hilo, HI Market Trends provided by Trulia http://www.rankingrealestate.com/2009/10/31/103109-hilo-hi-market-trends-provided-by-trulia/ http://www.rankingrealestate.com/2009/10/31/103109-hilo-hi-market-trends-provided-by-trulia/#comments Sun, 01 Nov 2009 00:38:05 +0000 cmy http://www.rankingrealestate.com/?p=1202 Hilo Summary
The median sales price for homes in Hilo HI for Jul 09 to Sep 09 was $235,000. This represents an increase of 3.2%, or $7,250, compared to the prior quarter and a decrease of 17.5% compared to the prior year. Sales prices have appreciated 5.4% over the last 5 years in Hilo.

The average listing price for Hilo homes for sale on Trulia was $399,655 for the week ending Oct 21, which represents an increase of 1.3%, or $5,080, compared to the prior week and an increase of 1.7%, or $6,567, compared to the week ending Sep 30. Average price per square foot for Hilo HI was $215, an increase of 1.4% compared to the same period last year.

Unlike
]]> http://www.rankingrealestate.com/2009/10/31/103109-hilo-hi-market-trends-provided-by-trulia/feed/ 1 10/28/09 Zillow – Hilo Market update http://www.rankingrealestate.com/2009/10/29/102809-zillow-hilo-market-update/ http://www.rankingrealestate.com/2009/10/29/102809-zillow-hilo-market-update/#comments Thu, 29 Oct 2009 07:27:51 +0000 cmy http://www.rankingrealestate.com/?p=1193
Zillow Home Value Index

Unlike
]]> http://www.rankingrealestate.com/2009/10/29/102809-zillow-hilo-market-update/feed/ 0 SOLD – 122-B Kekela St., Hilo, HI http://www.rankingrealestate.com/2009/10/22/sold-122-b-kekela-st-hilo-hi/ http://www.rankingrealestate.com/2009/10/22/sold-122-b-kekela-st-hilo-hi/#comments Thu, 22 Oct 2009 21:02:19 +0000 cmy http://www.rankingrealestate.com/?p=1170 Hilo Home Sold 10/22/2009

Hilo Home Sold 10/22/2009

122 B Kekela St.
Lot 6-C TMK (3) 2-2-39:120
10,774 sqft lot 1,056 sqft 3/1.5 home
Sold 10/22/2009
Sale Price: $195,000.00

Located centrally in Hilo Town. Fixer Upper with a lot of potential.

Unlike
]]> http://www.rankingrealestate.com/2009/10/22/sold-122-b-kekela-st-hilo-hi/feed/ 1 In regards to planning (wink wink Hilo) – Quote of the day http://www.rankingrealestate.com/2009/10/17/in-regards-to-planning-wink-wink-hilo-quote-of-the-day/ http://www.rankingrealestate.com/2009/10/17/in-regards-to-planning-wink-wink-hilo-quote-of-the-day/#comments Sat, 17 Oct 2009 19:09:55 +0000 cmy http://www.rankingrealestate.com/?p=1151 Density is necessary but not sufficient for walkable, transit-friendly urban(e) communities…without adequate baseline densities, communities can wind up building a lot of sidewalks that hardly anybody walks on. – Nathan Landau

Unlike
]]> http://www.rankingrealestate.com/2009/10/17/in-regards-to-planning-wink-wink-hilo-quote-of-the-day/feed/ 0 Zillow – Hilo Metro Area – Median List Price http://www.rankingrealestate.com/2009/10/15/zillow-median-list-price-hilo-metro-area/ http://www.rankingrealestate.com/2009/10/15/zillow-median-list-price-hilo-metro-area/#comments Fri, 16 Oct 2009 06:51:53 +0000 cmy http://www.rankingrealestate.com/?p=1122
Median List Price
Unlike
]]> http://www.rankingrealestate.com/2009/10/15/zillow-median-list-price-hilo-metro-area/feed/ 0