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Local Market Update: The Waikiki Neighborhood of Honolulu - Aug 2016

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
 

Market Report - Waikiki August 2016 - HI Pro Realty LLC

 
 
 
Local Market Update:
 
The Waikiki Neighborhood of Honolulu - August 2016

 

Single Family

Homes

August

Year to Date

2016 / 2015  Change    

2016 / 2015 Change   

New Listings

0 / 1 -

1 / 1 -

Closed Sales

0 / 0 -

1 / 0 -

Median Sales Price

$0 / $0 -

$390,00 / $0 -

Percent of Original

List Price Received

0.0% / 0.0% -

100.0% / 0.0% -

Median Days on

Market Until Sale

0 / 0 -

0 / 0 -

Inventory of Homes

for Sale

0 / 0 -

---

 

Waikiki - Honolulu - Hawaii

 

 

Condos

August

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New Listings

130 / 131  -1%

1077 / 1131  -5%

Closed Sales

78 / 73  7%

720 / 635  13%

Median Sales Price

$420,000 / $286,650  47%

$720 / $635  7%

Percent of Original

List Price Received

98.8% / 88.2%  12%

0% / 0%  -1%

Median Days on

Market Until Sale

47 / 73  -36%

37 / 39  -5%

Inventory of Homes

For Sale

476 / 565  -16%

---

 
 
 
With historically low interest rates, it's still a great time to buy! 
 
 
for Expert Honolulu Buyers Representation, with Aloha!  
 
 

 

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

 

Comments (4)

Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Kimo Stowell ,

Thanks for your concise market update in Waikii neighborhood of Honolulu for August 2016! You are right..its a great time to buy with interest rates still low!

Sep 16, 2016 11:05 PM
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Thanks for sharing your local real estate market reports with us today.

Sep 16, 2016 11:10 PM
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Kimo Stowell It appears the demand in Waikiki for condos is increasing with buyers realizing they had better buy now. Thanks!

Sep 16, 2016 11:10 PM
John Pusa
Glendale, CA

Kimo Stowell These are very good market stats for the Waikiki neighborhood of Honolulu.

Sep 17, 2016 05:15 AM