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Local Market Update: Diamond Head & Kapahulu August 2017

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

Local Market Report - Diamond Head and Kapahulu Honolulu Hawaii -  HI Pro Realty LLC

 
Local Market Update -
Diamond Head & Kapahulu August 2017
 
 

Single

Family Homes

August

Year to Date

2017 / 2016 Change

2017 / 2016 Change

New

Listings

19 / 21  -10%

200 / 212  -6%

Closed

Sales

17 / 17  0%

128 / 121  6%

Median

Sales Price

$965,000 / $1,015M -5%

$994,000 / $949,500 5%

Percent of Original

List Price Received

98.0% / 92.3% 6%

99.6% / 99.9% 0%

Median Days on

Market Until Sale

11 / 38  -62%

16 / 20  -20%

Inventory of

Homes for Sale

79 / 88  -10%

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Condos

August

Year to Date

2017 / 2016 Change

2017 / 2016 Change

New

Listings

15 / 8  88%

97 / 95  2%

Closed

Sales

12 / 6  100%

69/ 51  35%

Median

Sales Price

$479,000 / $235,000  104%

$475,000 / $482,000  -1%

Percent of Original

List Price Received

100% / 100.4% 0%

96.0% / 96.6% -1%

Median Days on

Market Until Sale

12 / 81 -85%

40 / 49 -18%

Inventory of

Homes for Sale

56 / 63 -11%

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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

 

Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Thanks for the market report, Kimo Stowell and it shows, regardless of the negatives, that you are still enjoying a strong sellers' market with a stable inventory level. 

Sep 21, 2017 06:18 AM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Sandy Padula and Norm Padula, JD, GRI NMLS#1483386, not all negatives are necessarily bad and vice versa, we are indeed in a strong sellers market. Thanks for the visit! 

Sep 22, 2017 12:41 AM