Local Market Update - Makiki and Moiliili Honolulu, April 2016

Single Family Homes

April

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New Listings

11 / 12  -8%

51 / 57  -11%

Closed Sales

9 / 5  80%

36 / 26  38%

Median Sales Price

$1,080,000 / $1,050,000  3%

$1,018,000 / $1,005,250  1%

Percent of Original List Price Received

98.3% / 79.5%  24%

102.0% / 91.4%  12%

Median Days on Market Until Sale

19 / 14  36%

29 / 23  26%

Inventory of Homes for Sale

47 / 43  9%

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Condos

April

Year to Date

2016 / 2015  Change

2016 / 2015  Change

New Listings

69 / 68  1%

281 / 277  1%

Closed Sales

57 / 53  8%

195 / 172  13%

Median Sales Price

$380,000 / $325,000  17%

$363,000 / $345,000  5%

Percent of Original List Price Received

101.3% / 98.8%  3%

99.5% / 98.7%  1%

Median Days on Market Until Sale

20 / 16  25%

20 / 23  -13%

Inventory of Homes for Sale

206 / 192  7%

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