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Local Market Update: Diamond Head & Kapahulu Honolulu, September 2024

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
Local Market Update for Diamond Head and Kapahulu September 2024

 

Local Market Update 

Diamond Head & Kapahulu Honolulu, September 2024

 

Single Family Homes

September

Year to Date

2024 / 2023 Change%

2024 / 2023 Change%

Closed Sales

16 / 15  7% 

113 / 100  13%

Median Sales Price

$1.3625M / $1.3M  5%   

$1.4M / $1.355M  3%

Percent of Original

List Price Received

97.8% / 100.0%  -2%

96.7% / 96.1%  1%

Median Days on

Market Until Sale

14 / 11  27%

16 / 23  -30%

New Listings

16 / 19  -16%

169 / 145  17%

Pending Sales

17 / 14  21%

128 / 128  0%

Active Inventory

48 / 39  23%

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Condos

September

Year to Date

2024 / 2023 Change%

2024 / 2023 Change%

Closed Sales

8 / 1  700%

58 / 48  21% 

Median Sales Price

$728,500 / $1.795M  -59%

$672,000 / $895,000  -25%

Percent of Original

List Price Received

90.8% / 89.8%  1%

98.0% / 99.2%  -1%

Median Days on

Market Until Sale

18 / 148  -88%

16 / 16  0%

New Listings

16 / 5  220%

115 / 67  72%

Pending Sales

6 / 8  -25%

56 / 58  -3%

Active Inventory

44 / 13  238%

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CONTACT US TODAY for 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

 

Show All Comments Sort:
Dennis Neal
Exp Realty of Southern California, Inc. - Big Bear Lake, CA
Your Home Sold in 21 Days or We Sell It For Free

Kimo, thanks for sharing this detailed local market update for Diamond Head and Kapahulu! The year-over-year growth in closed sales and inventory levels is particularly striking, indicating a healthy market despite the fluctuations in median sales prices. Your insights are invaluable for both buyers and sellers looking to navigate this dynamic landscape effectively!

Oct 28, 2024 12:10 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Kimo and always great to see your market reports here in the Rain.  Make it a great start to the week.

 

Oct 28, 2024 01:29 PM