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Local Market Update - Diamond Head & Kapahulu Oct 2016

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

 

 Market Report Diamond Head and Kapahulu

 

Local Market Update -

Diamond Head & Kapahulu Honolulu, HI Oct. 2016

 

Single Family Homes

October

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New Listings

28 / 18  56%

267 / 259  3%

Closed Sales

17 / 24  -29%

160 / 194  -18%

Median Sales Price

$950,000 / $885,000 7%      

$950,000 / $890,000 7%      

Percent of Original List Price Received

107.0% / 95.4%  12%

100.0% / 98.5%  2%

Median Days on Market Until Sale

12 / 22  -45%

18 / 24  -25%

Inventory of Homes for Sale

89 / 85  5%

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Mortgage Rates

 

Condos

October

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New Listings

6 / 18  -67%

109 / 130  -16%

Closed Sales

1 / 8  -88%

60 / 78  -23%

Median Sales Price

$725,000 / $530,750  37%              

$536,250 / $549,500  -2%              

Percent of Original List Price Received

81.0% / 90.7%  -11%

97.3% / 95.6%  2%

Median Days on Market Until Sale

141 / 60  135%

50 / 30  67%

Inventory of Homes for Sale

53 / 62  -15%

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Contact Us Today

for Expert Honolulu Real Estate Representation!

 

 

 

 

 

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

 

Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Aloha, Kimo --- very clear and concise look at the Diamond Head and Kapahulu real estate market.  For those looking to make a move in your area, contacting you to learn the nuances of this unique market will prospective clients gain even more insight.   

Nov 27, 2016 08:52 AM
Kimo Stowell

Aloha Michael Jacobs , like most markets, one must experience and study it in order to understand it's complexities. Stats alone may paint a picture, but understanding the intricacies and oddities of any particular market is how we professional's earn our keep. Mahalo for the visit and Happy Holidays!

Nov 29, 2016 01:46 PM