Local Market Update - Makiki and Moili‘ili Honolulu, September 2017

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
https://activerain.com/droplet/57PZ

Market Report - Makiki & Moiliili September 2017 - HI Pro Realty LLC

 

Local Market Update - 

Makiki and Moili‘ili Honolulu, September 2017 

 

Single

Family Homes               

September

Year to Date

2017 / 2016 Change 

2017 / 2016 Change                           

New

Listings

16 / 8  100%                            

133 / 111  20%

Closed

Sales

13 / 8  63%

79 / 90  -12%

Median

Sales Price 

$1,100M/$1,011,760M 9%                                   

$1,100M/$1,095M 0%                            

Percent of Original List Price Receive

101.1% / 98.3%  3%              

92.2% / 99.6%  -7%

Median Days on

Market Until Sale

10 / 89  -89%                        

17 / 29  -41%

Inventory of

Homes for Sale

50 / 34  47%

---

 

 

Honolulu Mortgage Rates Sept. 2016

 

 

Condos

September

Year to Date

2017 / 2016 Change

2017 / 2016 Change

New

Listings

64 / 80  -20%

691 / 678  2%

Closed

Sales

54 / 61 -11%

498 / 495  1%

Median

Sales Price

$384,250 / $365,000  5%

$365,500 / $374,500  -2%

Percent of Original

List Price Received

99.4% / 96.1%  3%

97.5% / 98.6%  -1%

Median Days on

Market Until Sale

21 / 23  -9%

22 / 21  5%

Inventory of

Homes for Sale

194 / 231  -16%

---

 

 

 

 

Contact Us Today 

for expert Oahu Real Estate Buyers representation! 

 

 

 

 

Posted by

                                            HI Pro Realty - PET FRIENDLY HONOLULU REALTOR, PROPERTY MANAGEMENT

 

HI Pro Realty LLC - REALTORS®, PROPERTY MANAGERS® is a boutique brokerage firm offering responsive, dedicated, and professional Real Estate Sales and Management Services in Honolulu, Hawai'i. 

 

 

 

 

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Topic:
Real Estate Market Trends
Location:
Hawaii Honolulu County Honolulu Moiliili
Groups:
Active Rain Newbies
Realtors®
Hawaii's Home Brokers
Almost Anything Goes
Hawaii Real Estate Professionals
Tags:
hi pro realty llc honolulu
makiki condos for sale
moiliili condos for sale
makiki homes for sale
sept 2017
local market update makiki and moiliili
moiliili homes for sale

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Rainmaker
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Victoria Ray Henderson
Buyer's Edge Company Inc - Bethesda, MD
Real Estate for Home Buyers with Buyer's Edge

Interesting market update with average home sales in the millions:) Condo prices are about the same as in Maryland. Interesting to see how the market is doing in Hawaii. Have a great week

Oct 24, 2017 08:00 AM #1
Rainmaker
756,923
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Victoria Ray Henderson Marshall Henderson, this is a micro report for the middle class neighborhoods of Makiki and Moiliili. The sales for these properties are less affected by the pricing in heavily tourist-ed areas such as Waikiki, and Ala Moana. Condos are not as pricey here. However, single family homes are reflective of local demand.  Thanks for the visit!

Oct 24, 2017 01:08 PM #2
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Rainmaker
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Kimo Stowell

REALTOR Associate® RS-76763 - Honolulu Hawai'i
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