Local Market Update:
The Makiki and Moiliili Neighborhoods of Honolulu -
May 2016
Single Family Homes |
May |
Year to Date |
2016 / 2015 Change |
2016 / 2015 Change |
|
New Listings |
11 / 20 -45% |
62 / 77 -19% |
Closed Sales |
9 / 11 -18% |
45 / 37 22% |
Median Sales Price |
$1,255,000 / $1,225,000 2% |
$1,080,000 / $1,135,000 -5% |
Percent of Original List Price Received |
114.1% / 98.0% 16% |
108.1% / 95.4% 13% |
Median Days on Market Until Sale |
22 / 27 -19% |
29 / 23 26% |
Inventory of Homes for Sale |
42 / 57 -26% |
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Condos |
May |
Year to Date |
2016 / 2015 Change |
2016 /2015 Change |
|
New Listings |
96 / 49 96% |
377 / 326 16% |
Closed Sales |
54 / 46 17% |
249 / 218 14% |
Median Sales Price |
$400,000 / $348,750 15% |
$369,000 / $345,000 7% |
Percent of Original List Price Received |
95.4% / 99.8% -4% |
97.6% / 98.7% -1% |
Median Days on Market Until Sale |
23 / 18 28% |
20 / 21 -5% |
| Inventory of Homes for Sale | 210 / 183 15% |
For an indepth market report, please send us your name and an email and we would be happy to provide you with a current list of available homes for sale, as well as, a comprehensive market analysis for the neighborhood.
| Makiki stretches from downtown Honolulu to Manoa and Waikiki, bounded to the north by Makiki Heights and Makiki Valley and to the south by Ala Moana. |
| Mo‘ili‘ili is located between Waikiki and the University of Hawaii at Manoa and between Kalakaua Ave. and the intersection of Waialae and Kapiolani Ave. |
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