Local Market Update: Downtown and Nu'uanu Honolulu, April 2023

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
Local Market Report Downtown and Nuuanu, Honolulu Hawaii - April 2023

 

Local Market Update 

Downtown and Nu'uanu Honolulu, April 2023

 

Single Family Homes

April

Year to Date

2023 / 2022 Change%

2023 / 2022 Change%

Closed Sales

3 / 4  -25%

14 / 28  -50%

Median Sales Price

$940,000 / $1.5125M  -38% 

$1.105M / $1.2458M  -12% 

Percent of Original

List Price Received

78.3% / 99.6%  -21%  

92.9% / 101.1%  -8% 

Median Days on

Market Until Sale

181 / 74  145%

21 / 9  133%

New Listings

3 / 13  -77%

24 / 35  -31% 

Pending Sales

6 / 11  -45%

17 / 30  -43%

Active Inventory

19 / 16  19%

---

 

 

Condos

April

Year to Date

2023 / 2022 Change%

2023 / 2022 Change%

Closed Sales

21 / 57  -63%

110 / 177  -38%

Median Sales Price

$487,000 / $640,000  -24%  

$547,500 / $581,000  -6%

Percent of Original

List Price Received

98.4% / 100.0%  -2%

97.9% / 100.0%  -2%

Median Days on

Market Until Sale

30 / 13  133%

30 / 14  114%

New Listings

32 / 59  -46%

133 / 230  -42%

Pending Sales

30 / 65  -54%

117 / 204  -43%

Active Inventory

78 / 70  11%

---

 

 

 

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

 

Comments (2)

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

Good morning, Kimo Stowell and thank you for the real estate market update!

May 30, 2023 09:11 AM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Ray Henson, Mahalo for commenting, have a great weekend!

Jun 02, 2023 11:04 AM