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Local Market Update: Downtown and Nu'uanu Honolulu, October 2022

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
Local Market Report Downtown and Nuuanu, Honolulu Hawaii - October 2022

 

Local Market Update 

Downtown and Nu'uanu Honolulu, October 2022

 

Single Family Homes

October

Year to Date

2022 / 2021 Change%

2022 / 2021 Change%

Closed Sales

4 / 11  -64%

68 / 112  -39%

Median Sales Price

$961,000 / $1.3M  -26% 

$1.2975M / $1.15M  13%

Percent of Original

List Price Received

104.4% / 100.0%  4%  

100.0% / 100.0%  0%

Median Days on

Market Until Sale

9 / 15  -40%

10 / 16 -38%

New Listings

8 / 16  -50%

84 / 117  -28%  

Pending Sales

6 / 16  -63%

61 / 108  -44%

Active Inventory

24 / 17  41%

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Condos

October

Year to Date

2022 / 2021 Change%

2022 / 2021 Change%

Closed Sales

37 / 56  -34%

451 / 512  -12%

Median Sales Price

$630,000 / $697,500  -10%  

$545,000 / $595,000  -8%

Percent of Original

List Price Received

98.6% / 100.0%  -1%

100.0% / 98.8%  1%

Median Days on

Market Until Sale

27 / 12  125% 

13 / 17  -24%

New Listings

38 / 65  -42%

535 / 614  -13%

Pending Sales

23 / 46  -50%

420 / 533  -21%

Active Inventory

99 / 95  4%

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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. 

 

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