Local Market Update - Makiki and Moili‘ili Honolulu, July 2018

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763

Market Report - Makiki & Moiliili July 2018 - HI Pro Realty LLC

 

Local Market Update - 

Makiki and Moili‘ili Honolulu, July 2018 

 

Single

Family Homes               

July

Year to Date

2018 / 2017 Change 

2018 / 2017 Change                           

New

Listings

20 / 17   18%                            

101 / 105  -4%

Closed

Sales

7 / 9  -22%

56 / 58  -3%

Median

Sales Price 

$1,375M / $1,248M 10%                                         

$1,200M/ $1,125M 7%                                     

Percent of Original List Price Receive

101.9% / 96.4% 6%              

92.7% / 93.9%  -1%

Median Days on

Market Until Sale

29 / 11  164%                        

23 / 17  35%

Inventory of

Homes for Sale

52 / 50  4%

---

 

 

Honolulu Mortgage Rates Sept. 2016

 

 

Condos

July

Year to Date

2018 / 2017 Change

2018 / 2017 Change

New

Listings

74 / 85  -13%

477 / 545  -12%

Closed

Sales

50 / 56  -11%

371 / 378  -2%

Median

Sales Price

$350,000 / $353,500  -1%

$375,500 / $362,250  4%

Percent of Original

List Price Received

92.7% / 93.8%  -1%

97.0% / 98.0%  -1%

Median Days on

Market Until Sale

13 / 19  -32

19 / 23  -17%

Inventory of

Homes for Sale

174 / 208  -16%

---

 

 

 

 

Contact Us Today 

for expert Property Management and Real Estate Buyers representation! 

 

 

 

 

Posted by

      

  HI Pro Realty - PET FRIENDLY HONOLULU REALTOR, PROPERTY MANAGEMENT

 

HI Pro Realty LLC

REALTORS®, PROPERTY MANAGERS® 

We are a boutique brokerage firm offering

responsive, dedicated, and professional Real Estate Sales

and Pet Friendly Management Services in Honolulu, Hawai'i. 

 

    Office: (808) 941-8866    Mobile: (808) 926-7667

 

 

 

Comments (4)

Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Kimo.  Thanks for keeping us informed about the real estate market in Makiki and Moili‘ili Honolulu.  I hope you are safe and dry.

 

Aug 25, 2018 06:48 AM
Kimo Stowell

Aloha Gabe Sanders, thanks for the comment and concern! We dodged the hurricane here on Oahu. 

Aug 25, 2018 02:09 PM
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hi Kimo - I have a soft spot in my heart for Makiki since I lived there for a while in 1968. Looks like SFH market is doing well there.

Aug 25, 2018 08:34 AM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Lottie Kendall, the neighborhood is as bustling and densely populated as ever, where did you live in 1968? 

Aug 25, 2018 02:13 PM
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

First spot was the YWCA across the road from Punahou School. Later a rental on Domino Street. That's when my love affair with Hawaii began.

Aug 25, 2018 02:22 PM
Kimo Stowell

Aloha Lottie Kendall, my parents had a home not to far from the YWCA, on Wilder St. near the Sacred Heart Church, it has long since been torn down and replaced by a highrise probably around the time you lived in Makiki.

Aug 25, 2018 03:03 PM

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?