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Local Market Update: Makiki & Moili'ili Honolulu, July 2022

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
Local Market Update for Makiki and Moili'ili July 2022

 

Local Market Update 

Makiki & Moili'ili Honolulu, July 2022

 

Single Family Homes

July

Year to Date

2022 / 2021 Change%

2022 / 2021 Change%

Closed Sales

11 / 10  10%

77 / 99  -22%

Median Sales Price

$1.425M / $1.375M  4%  

$1.680M / $1.405M  20%  

Percent of Original

List Price Received

101.2% / 101.7%  0%

100.3% / 99.7%  1%

Median Days on

Market Until Sale

9 / 9  0%

13 / 13  0% 

New Listings

16 / 19  -16%

104 / 130  -20%

Pending Sales

12 / 19  -37%

89 / 110  -19%

Active Inventory

28 / 31  -10%

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Condos

July

Year to Date

2022 / 2021 Change%

2022 / 2021 Change%

Closed Sales

61 / 63  -3% 

486 / 404  25% 

Median Sales Price

$407,000 / $415,000  4%  

$410,000 / $385,000  6%

Percent of Original

List Price Received

100.0% / 99.1%  1%

100.0% / 98.0%  2%

Median Days on

Market Until Sale

16 / 15  7%

12 / 20  -40%

New Listings

62 / 81  -23%

538 / 517  4%

Pending Sales

50 / 73  -32%

483 / 451  7%

Active Inventory

92 / 125  -26%

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Posted by

Crypto Certified Agent - By Propy 

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)

Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

It looks like your market is still moving along pretty well.  Thank you for your update!

Aug 21, 2022 11:40 AM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Ray Henson, we will start to see the slow down in sales this month as rising interest rates begin to taper sales and price reductions become more prevalent. Mahalo for commenting!

Aug 26, 2022 10:37 AM