Local Market Update - Downtown and Nu‘uanu Honolulu, February 2020

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

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

 

Local Market Update -

Downtown and Nu‘uanu Honolulu, February 2020

 

Single 

Family Homes      

February

Year to Date

2020 / 2019 Change

2020 / 2019 Change

New

Listings

13 / 14  -7%

24 / 28  -14%

Closed

Sales

1 / 5   -80%

6 / 9   -33%

Median

Sales Price

$875,000 / $890,000  -2% 

$927,500 / $1M  -7%  

Percent of Original    

List Price Received

94.6% / 96.2%  -2%

92.8% / 93.5%  -1%

Median Days on

Market Until Sale

91 / 45  102%

79 / 45  76%

Inventory of

Homes for Sale

38 / 47  -19%

---

 HI Pro Realty - Pet Friendly Property Management

Condos

February

Year to Date

2020 / 2019 Change

2020 / 2019 Change

New

Listings

48 / 69  -30%

111 / 159  -30%

Closed

Sales

30 / 21  43%

58 / 45  29%

Median

Sales Price

$552,500 / $655,000  -16%

$552,500 / $655,000  -16%

Percent of Original

List Price Received

95.1% / 97.9%  -3%

96.3% / 97.9%  -2%

Median Days on

Market Until Sale

59 / 24  146%

51 / 24  113%

Inventory of

Homes for Sale

202 / 227  -11%

---

 

 

 

 

  

For Expert Real Estate Sales and

Pet Friendly Property Management 

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, Hawai'i. 

 

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

 

 

 

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Topic:
Real Estate Market Trends
Location:
Hawaii Honolulu County Honolulu Downtown
Groups:
Active Rain Newbies
Realtors®
Hawaii's Home Brokers
Almost Anything Goes
Hawaii Real Estate Professionals
Tags:
real estate market statistics
local market update downtown and nuuanu
hi pro realty pet friendly property management
real estate stats for downtown honolulu
hi pro realty honolulu
feb 2020
real estate market statistics nuuanu

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Rainmaker
5,330,076
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Kimo Stowell next month will be an interesting chart of data to compare to more standard times.... my guess is your area will continue to be strong.

Mar 29, 2020 07:13 AM #1
Rainmaker
791,622
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Barbara Todaro, yes next month should reveal more of the retraction due to Covid-19. We are too dependent on tourism in Hawai'i not to take a major economic hit from the affects of the disease on both domestic and international travel, we will have to see how heavily it affects the Real Estate Market. Thanks for commenting!

Mar 29, 2020 12:18 PM #2
Rainmaker
1,735,478
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA, ABR, SRS

Appreciate you keeping us posted and up to date. Have a great week!

Mar 30, 2020 07:18 AM #3
Rainer
270,363
Tracy Hawke, The Woodland Companies!
Woodland Management Service - Minocqua, WI
Wisconsin Forest Land Experts!

Thanks for the update on this community, all the best to you as you get many of these properties listed and sold.

Tracy

Mar 31, 2020 01:11 AM #4
Rainmaker
791,622
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Tracy Hawke, The Woodland Companies! thanks for the visit and stay healthy! 

Mar 31, 2020 02:15 PM #5
Rainmaker
3,355,416
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a wonderful day!

Apr 27, 2020 07:00 AM #6
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Rainmaker
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Kimo Stowell

REALTOR Associate® RS-76763 - Honolulu Hawai'i
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