Local Market Update - Downtown and Nu‘uanu Honolulu, May 2018

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
https://activerain.com/droplet/5d4T

Local Market Report - Downtown and Nuuanu, Honolulu Hawaii - HI Pro Realty LLC

 

Local Market Update -

Downtown and Nu‘uanu Honolulu, May 2018

 

Single 

Family Homes

May

Year to Date

2018 / 2017 Change

2018 / 2017 Change

New

Listings

17 / 16   6%

57 / 69  -17%

Closed

Sales

4 / 10  -60%

26 / 33  -21%

Median

Sales Price

$992,500 / $1,007,500  -1%              

$910,000 / $862,500 6%             

Percent of Original    

List Price Received

96.9% / 97.2%  0%

94.7% / 98.6%  -4%

Median Days on

Market Until Sale

66 / 17  288%

23 / 20  15%

Inventory of

Homes for Sale

35 / 41  -15%

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Honolulu Mortgage Rates

 

 

Condos

May

Year to Date

2018 / 2017 Change

2018 / 2017 Change

New

Listings

53 / 65   -18%

250 / 226  11%

Closed

Sales

25 / 22  14%

149 / 127  17%

Median

Sales Price

$520,000 / $423,500 23%

$505,000 / $425,000 19%

Percent of Original

List Price Received

99.0% / 98.8%  0%

98.1% / 97.7%  0%

Median Days on

Market Until Sale

17 / 13  31%

24 / 27  9%

Inventory of

Homes for Sale

153 / 127  20%

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For Expert Real Estate Sales and Service in Honolulu, Hawai'i

Contact HI Pro Realty TODAY! 

 

 

 

 

 

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, Hawaii. 

 

 

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local market update downtown and nuuanu may 2018
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Kimo Stowell

REALTOR Associate® RS-76763 - Honolulu Hawai'i
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