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Local Market Update: Diamond Head & Kapahulu Honolulu, August 2022

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
Local Market Update for Diamond Head and Kapahulu August 2022

 

Local Market Update 

Diamond Head & Kapahulu Honolulu, August 2022

 

Single Family Homes

August

Year to Date

2022 / 2021 Change%

2022 / 2021 Change%

Closed Sales

23 / 18  28%

145 / 186  -22%

Median Sales Price

$1.339M / $1.5265M  -12%  

$1.405M / $1.175M  20%

Percent of Original

List Price Received

98.5% / 100.0%  -2%  

100.5% / 100.0%  1%

Median Days on

Market Until Sale

16 / 11  45% 

12 / 13  -8%  

New Listings

23 / 31  -26%

177 / 214  -17%

Pending Sales

17 / 26  -35%

150 / 199  -25%

Active Inventory

37 / 40  -8%

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Condos

August

Year to Date

2022 / 2021 Change%

2022 / 2021 Change%

Closed Sales

23 / 18  28% 

145 / 186  -22% 

Median Sales Price

$1.339M / $1.5265M  -12%   

$1.405M / $1.175M  20%

Percent of Original

List Price Received

98.5% / 100.0%  -2%

100.5% / 100.0%  0%   

Median Days on

Market Until Sale

16 / 11  45%

12 / 13  -8%

New Listings

23 / 31  -26%

177 / 214  -17%

Pending Sales

17 / 26  -35%

150 / 199  -25%

Active Inventory

37 / 40  -8%

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CONTACT US TODAYfor expert Property Management

and Real Estate Sellers and Buyers Representation! 

 

 

 

 

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

 

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Kimo and thank you for the market update to share with us of your area.  Make it a great day!

Sep 24, 2022 08:06 AM
Kimo Stowell

Aloha Will Hamm, Thank you, have a great week! 

Sep 25, 2022 03:50 PM
Brenda J. Andrew
ULTIMA REAL ESTATE - Willis, TX
Professional Realtor in Conroe/Willis, TX

Hi Kimo.  I love your area and it looks like the market is still really good.  I can image lots of people have moved to the area over the past few years.  It is so beautiful there.  Thanks for sharing this valuable information!  Have a great weekend!

Sep 24, 2022 08:07 AM
Kimo Stowell

Aloha Brenda J. Andrew, thank you for commenting. Not enough  inventory to meet demand with interest rates rising makes for a very tight market here on Oahu. 

Sep 25, 2022 03:52 PM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Great information.  Thanks for sharing and have a wonderful day! bill

Sep 24, 2022 04:14 PM
Kimo Stowell

Aloha Bill Salvatore - East Valley Thanks for the flyby, enjoy your Sunday! 

Sep 25, 2022 03:51 PM