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Local Market Update - The Waikiki Neighborhood of Honolulu, Aug 2018

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

Local Market Update - Waikiki - August 2018 - HI Pro Realty LLC

 

Local Market Update - 

The Waikiki Neighborhood of Honolulu - August 2018

 


Single

Family Homes

August

Year to Date

2018 / 2017 Change

2018 / 2017 Change

New

Listings

0 / 0   0%

5 / 3  67%

Closed

Sales

0 / 0  0%

1 / 2  -50%

Median

Sales Price

$0 / 0%

$397,000 / $644,000  -38%

Percent of Original

List Price Received

0.0% / 0.0%  0%

94.5% / 87.3%  8%

Median Days on

Market Until Sale

0 / 0  0%

0 / 61  0%

Inventory of

Homes for Sale

2 / 0  0%

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Honolulu Mortgage Rates

 

 

Condos

August

Year to Date

2018 / 2017 Change

2018 / 2017 Change

New

Listings

147 / 171  -14%

1341 / 1171  15%

Closed

Sales

118 / 109  8%

808 / 753  7%

Median

Sales Price

$399,500 / $412,000  -3%

$410,000 / $390,000  5%

Percent of Original

List Price Received

96.5% / 96.3%  0%

96.5% / 97.5%  -1%

Median Days on

Market Until Sale

34 / 30   13%

34 / 28   21%

Inventory of

Homes for Sale

657 / 558   18%

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For Expert Real Estate Sales and Service in Honolulu

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

 

Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Kimo- - -while the numbers are limited,  they do provide a glimpse of your market. 

Sep 17, 2018 01:11 PM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Michael Jacobs, thanks for dropping in, the SFH numbers are incorrect as usual, there are only a few dozen SF Homes left in Waikiki and diminishing quickly. There always seems to be an apple in the bushel that mis-enters a condo listing as Single Family.

Sep 20, 2018 12:41 PM
Michael Jacobs

Aloha Kimo --- thank you for your expert take on the local market. 

Sep 20, 2018 12:53 PM