Local Market Update - Makiki and Moili‘ili Honolulu, February 2019

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

Market Report - Makiki & Moiliili February 2019 - HI Pro Realty LLC

 

Local Market Update - 

Makiki and Moili‘ili Honolulu, February 2019 

 

Single              

Family Homes                

February

Year to Date

2019 / 2018 Change 

2019 / 2018 Change        

New

Listings

15 / 12  25%

38 / 24  58%

Closed

Sales

11 / 5  120%

20 / 16  25%

Median

Sales Price 

$1.1175M / $1.1855M  -11%                          

$1.1175M/ $1.1855M  -7%                    

Percent of Original 

List Price Received

96.7% / 93.2%  4%         

94.7% / 92.8%  2%

Median Days on

Market Until Sale

41 / 48  -15%

37 / 40  -8%

Inventory of

Homes for Sale

66 / 47  40%

---

 

HI PRO REALTY - PET FRIENDLY HONOLULU REALTOR, PROPERTY MANAGEMENT

 

Condos

February

Year to Date

2019 / 2018 Change

2019 / 2018 Change

New

Listings

73 / 77  -5%

154 / 143  8%

Closed

Sales

35 / 38  -8%

66 / 88  -25%

Median

Sales Price

$340,000 / $376,444  -10%

$358,000 / $376,000  -6%

Percent of Original

List Price Received

96.1% / 100.4  -4%

95.5% / 96.7%  -1%

Median Days on

Market Until Sale

16 / 25  -36%

27 / 25  8%

Inventory of

Homes for Sale

205 / 172  19%

---

 

 

Honolulu Mortgage Rates Sept. 2016 

 

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® is a boutique brokerage firm offering responsive, dedicated, and professional Real Estate Sales and Management Services in Honolulu, Hawaii. 

 

 

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Topic:
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Tags:
makiki condos for sale
hi pro realty llc property management
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makiki homes for sale
moiliili homes for sale
honolulu real estate market statistics
local market update makiki and moiliili feb 2019

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Rainmaker
1,766,987
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Nicely presented stats on the Makiki and Moili'ili market. Has the condo market softened there, or is 2 months simply not a long enough span to make a generalization? Makiki used to be one of the areas I enjoyed a lot all those years ago when I lived in Honolulu.

Mar 24, 2019 07:33 PM #1
Rainmaker
733,496
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Lottie Kendall, soften no, stabilized yes. By stabilize I mean inventory up, prices leveling, and people taking a little more time to find a new home. Healthy overall with nice rates to boot. Hows your neck of the woods?

Mar 25, 2019 01:01 PM #2
Rainmaker
1,766,987
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

We still have a shortage of inventory in some segments. San Francisco has built a lot of condos in the last couple of years, so that market has slowed a bit. Silicon Valley is still flying high.

Mar 25, 2019 01:14 PM #3
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Rainmaker
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Kimo Stowell

REALTOR Associate® RS-76763 - Honolulu Hawai'i
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