Local Market Update: Makiki & Moili'ili Honolulu, May 2023

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
Local Market Update for Makiki and Moili'ili May 2023

 

Local Market Update 

Makiki & Moili'ili Honolulu, May 2023

 

Single Family Homes

May

Year to Date

2023 / 2022 Change%

2023 / 2022 Change%

Closed Sales

6 / 14  -57% 

37 / 54  -31% 

Median Sales Price

$1.2775M / $1.94M   -34%  

$1.435M / $1.783M  -20%  

Percent of Original

List Price Received

95.5% / 100.0%  -5%

95.7% / 100.0%  -4%

Median Days on

Market Until Sale

15 / 12  -25%

13 / 20  -35%

New Listings

16 / 20  -25%

64 / 74  -14%

Pending Sales

13 / 14  -7%

51 / 63  -19%

Active Inventory

26 / 26  0%

---

 

 

Condos

May

Year to Date

2023 / 2022 Change%

2023 / 2022 Change%

Closed Sales

48 / 90  -47%

175 / 365  -51% 

Median Sales Price

$415,000 / $399,500  4%  

$415,000 / $410,000  1%

Percent of Original

List Price Received

98.3% / 100.0%  -2%

97.9% / 100.0%  -2%

Median Days on

Market Until Sale

28 / 10  180%

25 / 12  108%

New Listings

70 / 69  1%

275 / 404  -32%

Pending Sales

53 / 71 -25%

217 / 379  -43%

Active Inventory

110 / 81  36%

---

 

 

 

 

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)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Great post. Thanks for sharing and enjoy your upcoming weekend!

Bill Salvatore, Realtor- Arizona Elite Properties

Jun 23, 2023 12:38 PM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Bill Salvatore - East Valley, thanks for stopping by and Happy Summer! 

Jun 24, 2023 10:51 AM