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Local Market Update - Makiki and Moili'ili Honolulu, Oct 2016

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763

 

 Market Report Makiki and Moiliili

 

Local Market Update -

Makiki & Moiliili Honolulu, HI Oct. 2016

 

Single Family Homes

October

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New Listings

10 / 17  -41%

121 / 153  -21%

Closed Sales

8 / 13  -38%

98 / 84  17%

Median Sales Price

$1,200,000 / $1,010,000 19%                             

$1,100,000 / $1,114,750  -1%                            

Percent of Original List Price Received

98.8% / 85.0%  16%

100.0% / 94.2%  6%

Median Days on Market Until Sale

51 / 24  113%

29 / 23  26%

Inventory of Homes for Sale

35 / 65  -46%

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Mortgage Rates

 

Condos

October

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New Listings

69 / 87  -21%

747 / 740  1%

Closed Sales

49 / 57  -14%

544 / 504  8%

Median Sales Price

$365,000 / $368,000 -1%        

$370,000 / $344,500 7%        

Percent of Original List Price Received

99.2% / 100.0%  -1%

97.6% / 98.7%  -1%

Median Days on Market Until Sale

23 / 26  -12%

21 / 21  0%

Inventory of Homes for Sale

211 / 200  6%

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Posted by

Crypto Certified Agent - By Propy 

HI Pro Realty LLC

REALTORS®, PROPERTY MANAGERS® 

We are a boutique brokerage firm offering responsive, dedicated, and professional Real Estate Sales and Pet Friendly Management Services in Honolulu, Hawai'i. 

 

                Office: (808) 941-8866   Mobile: (808) 926-7667

 

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I always enjoy your market reports - thanks for posting! and have a wonderful Thansgiving!  I love seeing what is going on around the country! 

Nov 22, 2016 09:31 PM
Jane Chaulklin-Schott
TEAMCONNECT REALTY - (407) 394-9766 - Orlando, FL
TeamConnect Luxury Homes - Orlando, Florida, 32836

Interesting Market Report, Kimo Stowell, for Single Family and Condos in the Makiki and the Moiliili Honolulu areas. Can see there is a lot of Condo activity.

Also, Kimo, wishing you a very special and blessed Thanksgiving to you and your family. Hope you have a beautiful and magical day.  ALOHA ~

Nov 23, 2016 11:44 PM