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Local Market Update: Diamond Head & Kapahulu Honolulu, April 2023

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
Local Market Update for Diamond Head and Kapahulu April 2023

 

Local Market Update 

Diamond Head & Kapahulu Honolulu, April 2023

 

Single Family Homes

April

Year to Date

2023 / 2022 Change%

2023 / 2022 Change%

Closed Sales

13 / 21  -38% 

39 / 71  -45% 

Median Sales Price

$1.675M / $1.5M -1%  

$1.35M / $1.5M -10% 

Percent of Original

List Price Received

95.8% / 100.0%  -4%  

94.4% / 100.0%  -6%

Median Days on

Market Until Sale

25 / 9  178% 

27 / 14  93%

New Listings

17 / 20  -15%

54 / 77  -30%

Pending Sales

12 / 15  -20%

56 / 69 -19%

Active Inventory

36 / 31  16%

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Condos

April

Year to Date

2023 / 2022 Change%

2023 / 2022 Change%

Closed Sales

6 / 8  -25% 

20 / 44  -55% 

Median Sales Price

$592,500 / $567,500  4%   

$628,500 / $587,500  7%

Percent of Original

List Price Received

94.5% / 100.0%  -6%

99.5% / 100.0%  -1%   

Median Days on

Market Until Sale

42 / 15  180%

21 / 16  31%

New Listings

8 / 10  -20%

33 / 47  -30%

Pending Sales

3 / 7  -57%

28 / 35  -20%

Active Inventory

18 / 22  -18%

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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

 

Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Thanks for sharing your market report with us here in the Rain. It's always interesting to see how other areas of the country are doing.

 

May 31, 2023 09:07 AM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Debe Maxwell, CRS, thanks for stopping by. Our market hasn't lost it's momentum, just slowed to a more measured pace. Wishing you a relaxing weekend!

Jun 02, 2023 11:02 AM
Debe Maxwell, CRS

Thank you and same to you, Kimo Stowell! Glad to hear your market still has momentum. That's a great thing for all parties involved!

Jun 02, 2023 03:36 PM