Monday, April 18, 2011 - Article by: Lance Owens - LUVA LLC Real Esate Services -
OK, I always like to take a look at what sold, at what price, and why. So here we go.
Home Sales. Kailua Kona Hawaii, short sales, foreclosures, REO, and even regular sales.
Total Home Sales: 42 - Up 20% over 2010
Foreclosures, REO: 14
Short Sales: 4
Cash sales: 17
$140,000. - $200,000 = 2
$201,000 - $300,000 = 6
$301,000 - $400,000 = 12
$401,000 - $500,000 = 4
$501,000 - $600,000 = 8
$601,000 - $700,000 = 2
$701,000 - $800,000 = 1 (cash)
$801,000 - $900,000 = 1 (cash)
$1,000,000 - $2,000,000 = 3 (all 3 Cash)
$8,000,000 - 9,000,000 - 1 (cash)
It always takes on another look when you set back and really disect the market.
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