Local Market Update: Downtown and Nu'uanu Honolulu, May 2022

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
Local Market Report Downtown and Nuuanu, Honolulu Hawaii - May 2022

 

Local Market Update 

Downtown and Nu'uanu Honolulu, May 2022

 

Single Family Homes

May

Year to Date

2022 / 2021 Change%

2022 / 2021 Change%

Closed Sales

10 / 13  -23%

38 / 59  -36%

Median Sales Price

$1.3645M / $1.2M  14%  

$1.2665M / $1.115M  14%

Percent of Original

List Price Received

100.0% / 100.0%  0%  

100.1% / 98.7%  1%

Median Days on

Market Until Sale

20 / 51  -61%

9 / 28  -68%

New Listings

7 / 9  -22%

42 / 53  -21%  

Pending Sales

6 / 9  -33%

36 / 62  -42%

Active Inventory

14 / 8  75%

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Condos

May

Year to Date

2022 / 2021 Change%

2022 / 2021 Change%

Closed Sales

62 / 54  15%

239 / 228  5%

Median Sales Price

$629,950 / $425,000  48%  

$590,750 / $575,000  3%

Percent of Original

List Price Received

100.0% / 99.0%  1%

100.0% / 98.7%  1%

Median Days on

Market Until Sale

15 / 10  50%

14 / 20  -30%

New Listings

64 / 71  -10%

294 / 320  -8%

Pending Sales

55 / 63  -13%

259 / 277  -6%

Active Inventory

71 / 96  -26%

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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 (2)

Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and enjoy your holiday weekend!

Jul 02, 2022 06:24 AM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Kristin Johnston - REALTOR® thanks for the comment!

Jul 15, 2022 10:29 PM