Local Market Update: Ala Moana and Kaka‘ako Honolulu - December 2016

Single Family Homes

December

Year to Date

2016 / 2015 Change    

2016 / 2015 Change

New Listings

0 / 1 -

8  / 14 -43%

Closed Sales 

0 / 0-

6 / 5 20%

$0 / $0 -

$795,000 / $1,200,000 -34%  

Percent of Original

List Price 

0.0% / 0.0% -

92.3% / 96.0% -4%

0 / 0 -

34 / 25 36%

Inventory of Homes

for Sale

1 / 3 -67%

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Condos

December

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New Listings

47 / 59 -20%

721 / 745 -3%

Closed Sales 

61 / 31 97%

497 / 453 10%

Median Sales

Price

$415,000 / $468,000 -11%         

$499,000 / $365,000 37%     

Percent of Original

List Price 

92.2% / 93.8% -2%

99.4% / 97.3% 2%

Median Days on

Market Until Sale    

28/ 44 -36%

36 / 43 -16%

Inventory of Homes for Sale

241 / 229 5%

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