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Local Market Update - Downtown and Nu‘uanu Honolulu, April 2018

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

Local Market Report - Downtown and Nuuanu, Honolulu Hawaii - HI Pro Realty LLC

 

Local Market Update -

Downtown and Nu‘uanu Honolulu, April 2018

 

Single 

Family Homes

April

Year to Date

2018 / 2017 Change

2018 / 2017 Change

New

Listings

19 / 12  58%

40 / 53  -25%

Closed

Sales

8 / 5  60%

22 / 23  -4%

Median

Sales Price

$883,000 / $850,000  4%              

$900,000 / $845,000 7%             

Percent of Original

List Price Received

98.2% / 94.5%  -15%

96.2% / 96.6%  0%

Median Days on

Market Until Sale

55 / 52  4%

21 / 22  -5%

Inventory of

Homes for Sale

38 / 32  19%

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Honolulu Mortgage Rates

 

 

Condos

April

Year to Date

2018 / 2017 Change

2018 / 2017 Change

New

Listings

49 / 33   48%

197 / 161  22%

Closed

Sales

41 / 35  17%

124 / 105  18%

Median

Sales Price

$508,000 / $540,000 -6%

$500,000 / $434,500 15%

Percent of Original

List Price Received

99.6% / 97.3%  2%

98.0% / 95.5%  3%

Median Days on

Market Until Sale

21/ 34  -38%

24 / 27  -11%

Inventory of

Homes for Sale

167 / 124  35%

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For Expert Real Estate Sales and Service in Honolulu, Hawai'i

Contact HI Pro Realty TODAY! 

 

 

 

 

 

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

 

Comments (2)

Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Poof...homes are selling for their asking price and very quickly....ooooh that Thinventory !

May 30, 2018 06:33 AM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Sally K. & David L. Hanson, the powerful desire to avoid the daily commute, keeps the downtown market hopping. Looking at paradise through your car window is not an ideal way to live in the islands. Thanks for the visit!

Jun 01, 2018 02:06 PM