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

 

Single 

Family Homes      

August

Year to Date

2018 / 2017 Change

2018 / 2017 Change

New

Listings

14 / 12   17%

95 / 101  -6%

Closed

Sales

11 / 9  22%

54 / 59  -8%

Median

Sales Price

$1,030M / $968,000  6%              

$937,500 / $865,000 8%             

Percent of Original    

List Price Received

99.5% / 84.2%  18%

96.7% / 98.3%  -5%

Median Days on

Market Until Sale

12 / 18  -33%

20 / 21  -5%

Inventory of

Homes for Sale

50 / 36  39%

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Honolulu Mortgage Rates

 

 

Condos

August

Year to Date

2018 / 2017 Change

2018 / 2017 Change

New

Listings

57 / 41   39%

429 / 380  13%

Closed

Sales

40 / 36  11%

254 / 247  3%

Median

Sales Price

$500,000 / $499,500  0%

$509,775 / $440,500 16%

Percent of Original

List Price Received

93.5% / 97.6%  -4%

97.6% / 96.8%  1%

Median Days on

Market Until Sale

27 / 20  35%

21 / 20  5%

Inventory of

Homes for Sale

193 / 137  41%

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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