Local Market Update - Makiki and Moiliili Honolulu, June 2016

Single Family Homes

June

Year to Date

2016 2015 Change

2016 2015 Change

New Listings

15 / 11  36%

77 / 88  -13%

Closed Sales

11 / 9  22%

56 / 46  22%

Median Sales Price

$1,285,000 / $1,320,000 -3%          

$1,088,000 / $1,175,000 -7%          

Percent of Original List Price Received

99.2% / 89.5% 11%

101.2% / 96.0% 5%

Median Days on Market Until Sale

34 / 14  143%

29 / 22 32%

Inventory of Homes for Sale

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Condos

June

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New Listings

67 / 77  -13%

444 / 403  10%

Closed Sales

76 / 56  36%

325 / 277  17%

Median Sales Price

$377,500 / $339,500 11%

$375,000 / $345,000 9%        

Percent of Original List Price Received

96.4% / 101.6%  -5%                  

98.7% / 98.9%  0%    

Median Days on Market Until Sale

24 / 21  14%

20 / 21  -5%

Inventory of Homes for Sale

232 / 199  17%              

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