Local Market Update - Makiki and Moiliili Honolulu, Dec. 2016

Single Family Homes

December

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New

Listings

11 / 6 83%

142 / 170 -16% 

Closed

Sales

10 / 4 150%

116 / 98 18%

Median

Sales Price

$1,100,000 / $1,060,000 4%                            

$1,101,000 / $1,100,000 0%                         

Percent of Original

List Price Received

94.0% / 88.5% 6%                         

93.7% / 93.4% 0%                    

Median Days on

Market Until Sale

25 / 42 -40%

30 / 23 30%

Inventory of

Homes for Sale

32 / 46 -30%

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Condos

December

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New

Listings

46 / 46 0%

853 / 846 1%

Closed

Sales

54 / 55 -2%

646/ 610 6%

Median

Sales Price

$357,500 / $340,000 5%

$370,000 / $343,000 8%

Percent of Original

List Price Received

99.7% / 97.1% 3%

97.9% 98.0% 0%

Median Days on

Market Until Sale

34 / 27 26%

21 / 22 -5%

Inventory of

Homes for Sale

189 / 175 8%

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