Local Market Update -
Downtown and Nu‘uanu Honolulu, May 2020
|
Single Family Homes |
May |
Year to Date |
2020 / 2019 Change |
2020 / 2019 Change |
|
New Listings |
10 / 17 -41% |
50 / 72 -31% |
Closed Sales |
5 / 8 -38% |
27 / 37 -27% |
Median Sales Price |
$880,000 / $722,000 22% |
$880,000 / $880,000 0% |
Percent of Original List Price Received |
95.5% / 93.2% 2% |
95.4% / 96.2% -2% |
Median Days on Market Until Sale |
21 / 25 -16% |
27 / 29 -7% |
Inventory of Homes for Sale |
30 / 42 -29% |
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Condos |
May |
Year to Date |
2020 / 2019 Change |
2020 / 2019 Change |
|
New Listings |
31 / 57 -46% |
211 / 332 -36% |
Closed Sales |
18 / 39 -54% |
140 / 186 -25% |
Median Sales Price |
$657,000 / $548,000 20% |
$575,0000 / $580,000 -1% |
Percent of Original List Price Received |
94.9% / 100.0% -5% |
96.6% / 97.5% -1% |
Median Days on Market Until Sale |
71 / 38 87% |
45 / 26 73% |
Inventory of Homes for Sale |
166 / 178 -7% |
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