Local Market Update - Diamond Head & Kapahulu March 2020

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
https://activerain.com/droplet/5n4F

Local Market Report - Diamond Head and Kapahulu Honolulu Hawaii - HI Pro Realty LLC

 
Local Market Update -
Diamond Head & Kapahulu March 2020
 
 

Single

Family Homes

March

Year to Date

2020 / 2019 Change

2020 / 2019 Change

New

Listings

22 / 35  -37%

73 / 96  -24%

Closed

Sales

9 /  13  -31%

34 / 39  -13%

Median

Sales Price

$950,000 / $925,000  3%

$942,500 / $1.1M  -14%    

Percent of Original

List Price Received

96.0% / 94.9%  1%

94.9% / 94.4%  1%

Median Days on

Market Until Sale

26 / 14  86%

42 / 15  180%

Inventory of

Homes for Sale

96 / 113  -15%

---

Condos

March

Year to Date

2020 / 2019 Change

2020 / 2019 Change

New

Listings

9 / 16  -44%

29 / 39  -26%

Closed

Sales

7 / 8  -13%

15 / 23  -35%

Median

Sales Price

$670,000 / $552,938  21%

$600,000 / $445,875  35%

Percent of Original

List Price Received

100.0% / 104.7%  -4%

100.0% / 99.1%  1%

Median Days on

Market Until Sale

19 / 12  58%

24 / 28  -14%

Inventory of

Homes for Sale

50 / 60   -17%

---

 

 

  

 

Contact HI Pro Realty TODAY!

For Expert Real Estate Sales and Property Management 

in Honolulu, Hawai'i

 

 

 

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:
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Tags:
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local market update diamond head kapahulu march 2020

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Rainmaker
5,333,508
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Kimo Stowell negative signs are to be expected during this "shelter in place" time... your area will rally quickly when this ends....

Apr 24, 2020 07:13 AM #1
Rainmaker
792,314
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Barbara Todaro, it will take a few months before we really start to "feel" the affects on the Real Estate Market. With unemployment nearing 35% in Hawaii, a quick rally seems unlikely.  It's going to be painful for many people in Hawaii for some time to come. Having better leadership instead of more politics will definitely help. Thanks for commenting.

Apr 24, 2020 12:17 PM #2
Rainmaker
5,333,508
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Kimo Stowell I fully agree....

"Having better leadership instead of more politics will definitely help." 

Apr 24, 2020 12:26 PM #3
Rainmaker
3,358,825
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 06:58 AM #4
Rainmaker
792,314
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Kristin Johnston - REALTOR®, mahalo for checking out our local stats! 

Apr 28, 2020 10:52 AM #5
Rainmaker
603,055
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

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

Sally

Apr 29, 2020 08:55 PM #6
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Rainmaker
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Kimo Stowell

REALTOR Associate® RS-76763 - Honolulu Hawai'i
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