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Local Market Update Downtown and Nu'uanu Honolulu, March 2023 |
Single Family Homes |
March |
Year to Date |
2023 / 2022 Change% |
2023 / 2022 Change% |
|
Closed Sales |
3 / 5 -40% |
11 / 24 -54% |
Median Sales Price |
$1.31 / $1.4M -6% |
$1.148M / $1.24M -7% |
|
Percent of Original List Price Received |
86.7% / 100.0% -13% |
93.3% / 101.3% -8% |
Median Days on Market Until Sale |
9 / 3 200% |
17 / 8 113% |
New Listings |
7 / 7 0% |
21 / 22 -5% |
Pending Sales |
5 / 4 -50% |
11 / 19 -42% |
Active Inventory |
23 / 15 53% |
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Condos |
March |
Year to Date |
2023 / 2022 Change% |
2023 / 2022 Change% |
|
Closed Sales |
32 / 42 -24% |
89 / 120 -26% |
Median Sales Price |
$590,500 / $605,750 -2% |
$583,000 / $529,000 10% |
|
Percent of Original List Price Received |
99.2% / 100.2% -1% |
97.8% / 100.0% -2% |
Median Days on Market Until Sale |
17 / 10 70% |
30 / 15 100% |
New Listings |
29 / 74 -61% |
101 / 171 -41% |
Pending Sales |
22 / 57 -61% |
87 / 139 -37% |
Active Inventory |
80 / 80 0% |
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