Local Market Update - The Waikiki Neighborhood of Honolulu - May 2019

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

Local Market Update - Waikiki - May - 2019 - HI Pro Realty LLC

 

Local Market Update - 

The Waikiki Neighborhood of Honolulu - May 2019

 


Single

Family Homes

May

Year to Date

2019 / 2018 Change

2019 / 2018 Change

New

Listings

0 / 0   0%

1 / 3  -67%

Closed

Sales

0 / 0  0%

0 / 1  0%

Median

Sales Price

$0.0  /  0%

$0.0 / $397,000  0%

Percent of Original

List Price Received

0.0% /  0%

0.0% / 94.5%  0%

Median Days on

Market Until Sale

0 / 0  0%

0 / 0  0%

Inventory of

Homes for Sale

0 / 1  0%

---

 Honolulu Mortgage Rates

 

Condos

May

Year to Date

2019 / 2018 Change

2019 / 2018 Change

New

Listings

158 / 162  -2%

843 / 848  -1%

Closed

Sales

91 / 94  -3%

407 / 491  -17%

Median

Sales Price

$400,000 / $380,000  5%

$397,500 / $437,500  -5%

Percent of Original

List Price Received

96.8% / 96.9% 0%

97.4% / 96.2%  1%

Median Days on

Market Until Sale

32 / 34   -6%

33 / 33  0%

Inventory of

Homes for Sale

665 / 617   8%

---

 

 

  

 

 

For Expert Real Estate Sales and Service in Honolulu

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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Topic:
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Tags:
real estate market statistic oahu
hi pro realty llc property management
waikiki housing stats
waikiki real estate sales statistics
local market update waikiki honolulu may 2019

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Rainmaker
2,493,645
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

That's valuable real estate market data for home buyers and sellers in Waikiki, Kimo.

Jun 18, 2019 01:58 PM #1
Rainmaker
3,541,239
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good evening Kimo. I was frankly  surprised that the prices were not higher.

Jun 18, 2019 02:33 PM #2
Rainmaker
725,476
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Sheila Anderson, there were fewer sales of high-end luxury units to offset the market rate transactions in Waikiki. Ala Moana and Kakaako have many luxury units so the median is a couple hundred thousand higher. Mahalo for the comment

Jun 19, 2019 01:04 PM #3
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Rainmaker
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Kimo Stowell

REALTOR Associate® RS-76763 - Honolulu Hawai'i
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