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Local Market Update Ala Moana & Kaka'ako Honolulu, October 2021

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
Local Market Update for Ala Moana and Kakaako October 2021

 

Local Market Update 

Ala Moana & Kaka'ako Honolulu, October 2021

 

Single Family Homes

October

Year to Date

2021 / 2020 Change%

2021 / 2020 Change%

Closed Sales

1 / 0   0% 

9 / 7  29%

Median Sales Price

$950,000 / 0.0  0%  

$1.015M / $880,000 15%

Percent of Original

List Price Received

79.2% / 0%  0%

100.8% / 95.2%  6%

Median Days on

Market Until Sale

39 / 0   0%

12 / 6  100%

New Listings

2 / 1  100%

20 / 13  54%

Pending Sales

3 / 0  0%

12 / 6  100%

Active Inventory

4 / 5  -20%

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Condos

October

Year to Date

2021 / 2020 Change%

2021 / 2020 Change%

Closed Sales

64 / 24  167% 

612 / 298  105%

Median Sales Price

$500,000 / $680,000  -26%  

$638,000 / $660,500  -3%

Percent of Original

List Price Received

97.6% / 94.7%  3%

97.6% / 95.7%  2%

Median Days on

Market Until Sale

41 / 59  -31%

33 / 46  -28%

New Listings

107 / 48  123%

791 / 654  21%

Pending Sales

85 / 24  254%

650 / 276  136%

Active Inventory

198 / 317  -38%

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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

 

Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

It looks like prices are continuing to move upward.  Thank you for the market update.

Nov 21, 2021 06:52 AM
Kimo Stowell

Aloha Raymond Henson, eXp Realty, we are starting to see a lot more tourists again and sales will most likely reflect that, mahalo for the comment!

Nov 21, 2021 11:18 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a wonderful day!

Nov 21, 2021 07:58 AM
Kimo Stowell

Aloha Kristin Johnston - REALTOR®, Thanks for the comment! Enjoy your Sunday. 

Nov 21, 2021 11:19 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Kimo and thank you for the great information to share with us here in the Rain.  Make it a super day!

 

Nov 21, 2021 08:16 AM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Will Hamm, thanks for stopping by and commenting, have a successful week and enjoy the balance of the weekend! 

Nov 21, 2021 11:21 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Kimo Stowell my friend!  Thank you so much for providing a very informative market report!  This is exactly they type of information needed by buyers and sellers to make informed decisions!  Very professional! Have a wonderful and Happy Thanksgiving!

Nov 22, 2021 08:24 AM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Jim Crawford, I hope your well and a Happy Thanksgiving to you! It seems the world has become a whole lot wackier these days, be safe and thanks for the visit!

Nov 22, 2021 10:37 AM