Local Market Update:
Ala Moana and Kaka‘ako Honolulu - August 2016
Single Family Homes |
August |
Year to Date |
2016 / 2015 Change |
2016 / 2015 Change |
|
New Listings |
3 / 1 200% |
8 / 7 14% |
Closed Sales |
0 / 0 |
4 / 4 0% |
Median Sales Price |
$0 / $0 - |
$795,000/$1,217,500 -35% |
Percent of Original List Price Received |
0.0% / 0.0% - |
92.3% / 95.5% -3% |
Median Days on Market Until Sale |
0 / 0 - |
49 / 43 14% |
Inventory of Homes for Sale |
0 / 0 - |
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Condos |
August |
Year to Date |
2016 / 2015 Change |
2016 / 2015 Change |
|
New Listings |
76 / 62 23% |
496 / 539 -8% |
Closed Sales |
45 / 41 10% |
316 / 284 11% |
Median Sales Price |
$405,000 / $539,000 -25% |
$515,000 / $387,500 33% |
Percent of Original List Price Received |
94.4% / 96.4% -2% |
99.0% / 97.1% 2% |
Median Days on Market Until Sale |
43 / 70 -39% |
41 / 38 8% |
Inventory of Homes for Sale |
258 / 242 7% |
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With historically low interest rates, it's still a great time to buy!
for Expert Honolulu Buyers Representation, with Aloha!
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