Local Market Update - The Waikiki Neighborhood of Honolulu - May 2021

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

Local Market Update - Waikiki - May - 2021 - HI Pro Realty LLC

 

Local Market Update - 

The Waikiki Neighborhood of Honolulu - May 2021

 

Single

Family Homes

May

Year to Date

2021 / 2020 Change

2021 / 2020 Change

New

Listings

3 / 1  200%

4 / 3  33%

Closed

Sales

1 / 0  0%

2 / 0  0%

Median

Sales Price

$1.075M / $0.0  0%

$1.0875M / $0.0  0%

Percent of

Original 

List Price 

Received

83.3% / 0.0%

96.9% / 0.0%  0%

Median Days

on Market

Until Sale

373 / 0  0%

189 / 0  0%

Inventory

of Homes

for Sale

3 / 3  0%

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Honolulu Mortgage Rates

Condos

May

Year to Date

2021 / 2020 Change

2021 / 2020 Change

New

Listings

155 / 140  11%

722 / 671  8%

Closed

Sales

136 / 30  353%

504 / 286  76%

Median

Sales Price

$350,500 / $333,000 5%

$380,000 / $380,000 0%

Percent of

Original 

List Price 

Received

97.4% / 93.3%  4%

96.4% / 95.2%  1%

Median Days

on Market

Until Sale

39 / 52  -25%

44 / 45  -2%

Inventory

of Homes

for Sale

515 / 716  -28%

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For Expert Real Estate Sales and Service in Honolulu

Contact HI Pro Realty TODAY!

 

 

Posted by

      

 

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 (3)

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!

Jun 18, 2021 06:26 AM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Kristin Johnston - REALTOR®, Waikiki Real Estate is fairing well considering the pandemics drag on tourism, thanks for the comment!

Jun 18, 2021 11:39 AM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Island home buyers and sellers are sure to value your real estate market report, Kimo.

Jun 19, 2021 03:09 AM