Local Market Update: Ala Moana & Kakaako Honolulu, August 2021

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
Local Market Update for Ala Moana and Kakaako August 2021

 

Local Market Update 

Ala Moana & Kaka'ako Honolulu, August 2021

 

Single Family Homes

August

Year to Date

2021 / 2020 Change%

2021/ 2020 Change%

New Listings

3 / 1  200%

17 / 11  55%

Closed Sales

1 / 0  0%

8 / 5  60%

Median Sales Price

$1.16M / $0  0%

$1.0575M / $904K 17%

Percent of Original

List Price Received

100.9% / 0.0% 0%

100.8% / 95.1%  6%

Median Days on

Market Until Sale

12 / 0  0%

12 / 13  -8%

Inventory of

Homes for Sale

6 / 5  20%

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Condos

August

Year to Date

2021 / 2020 Change%

2021 / 2020 Change%

New Listings

82 / 74  11%

613 / 547 12%

Closed Sales

99 / 35  183%

494 / 246  101%

Median Sales Price

$785K / $560K  40%

$670K / $652.5K  3%

Percent of Original

List Price Received

99.4% / 95.5%  4%

97.5% / 96.0%  2%

Median Days on

Market Until Sale

14 / 51  -73%

33 / 46  -28%

Inventory of 

Homes for Sale

238 / 353  -33%

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CONTACT US TODAYfor expert Property Management

and Real Estate Sellers and Buyers Representation! 

 

 

 

 

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 (6)

Bill Salvatore - YVP Blog
Arizona Elite Properties - Chandler, AZ
Realtor - Valley of the Sun / golfArizona@cox.net

Great numbers for your area for sure.   Gtreat post, its Monday make it a productive day.  Thanks again for the post.  Bill Salvatore

Sep 20, 2021 06:14 AM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Bill Salvatore - YVP Blog, there is plenty of inventory coming online in these neighborhoods. Thanks for commenting and Happy Monday!

Sep 20, 2021 11:16 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Kimo, Thank you for sharing this real estate market report.  Buyers and sellers in your area will benefit from this report.  Wishing you continued success.

Sep 20, 2021 06:35 PM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Bob Crane, the development of these two neighborhoods into a city within a city continues with new projects slated well into the future. Thanks for the visit and have a good week!  

Sep 21, 2021 11:04 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

what a wonderful fountain - makes me want to come and visit Honolulu

Sep 26, 2021 06:46 AM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Lise Howe, the fountain is located at the Ala Moana Shopping Center, the largest out-door mall in the country. By the way, it would be a really good time to book travel to the islands 6 months to a year from now. Mahalo for your comments!

Sep 26, 2021 12:38 PM