Local Market Update - Ala Moana and Kaka‘ako Honolulu, Sept 2016

Single Family Homes

September

Year to Date

2016 / 2015 Change           

2016 / 2015  Change

New Listings

0 / 0 -

8 / 8  0%

Closed Sales

0 / 1 -

4 / 5  -20%

Median Sales Price

$0 / $778,000 -          

$795,000 / $1,200,000 -34%                   

Percent of Original List Price Received

0.0% / 100.0% -

92.3% / 96.0% -4%

Median Days on Market Until Sale

0 / 10 -

49 / 25  96%

Inventory of Homes for Sale

2 / 1  100%

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Condos

September

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New Listings

51 / 57  -11%

547 / 596  -8%

Closed Sales

45 / 41  10%

361 / 355  2%

Median Sales Price

$345,000 / $352,500 -2%               

$440,000 / $330,000 33%            

Percent of Original List Price Received

101.8% / 96.6%  5%

97.9% / 95.1%  3%    

Median Days on Market Until Sale

28 / 40  -30%     

38 / 38  0%

Inventory of Homes for Sale

233 / 243  -4%

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