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Local Market Update - Downtown and Nu‘uanu Honolulu, Oct 2016

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

 

 Market Report Downtown and Nuuanu

 

Local Market Update -

Downtown & Nuuanu Honolulu, HI Oct. 2016

 

Single Family Homes

October

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New Listings

10 / 12  -17%

105 / 100  5%

Closed Sales

11 / 10  10%

64 / 71  -10%

Median Sales Price

$933,000 / $990,000 -6%         

$996,000 / $866,250 15%         

Percent of Original List Price Received

84.8% / 66.9%  27%

94.9% / 98.5%  -4%

Median Days on Market Until Sale

62 / 73  -15%

23 / 24  -4%

Inventory of Homes for Sale

28 / 37  -24%

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Mortgage Rates

 

Condos

October

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New Listings

47 / 44  7%

444 / 477  -7%

Closed Sales

30 / 35  -14%

299 / 283  6%

Median Sales Price

$379,000 / $480,000 -21%            

$407,500 / $445,000 -8%          

Percent of Original List Price Received

98.4% / 96.4%  2%

98.2% / 98.9%  -1%

Median Days on Market Until Sale

14 / 32  -56%

20 / 25  -20%

Inventory of Homes for Sale

133 / 147  -10%

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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

 

MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Thank you for an informational post on your local market.

Nov 27, 2016 04:46 PM
Kimo Stowell

Aloha Michelle, thanks for commenting!

Nov 29, 2016 01:39 PM
ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779
REAL ESTATE REFERRAL NETWORK - Asheville, NC
CONTACT janeAnne365@gmail.com

INTERESTING!1 Thanks for this, Kimo...

Nov 30, 2016 11:01 AM