Local Market Update - Makiki and Moili'ili Honolulu, Sept 2016

Single Family Homes

September

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New Listings

8 / 15  -47%

111 / 136  -18%

Closed Sales

8 / 6  33%

90 / 71  27%

Median Sales Price

$1,011,760 / $930,000 9%                   

$1,095,000 / $1,129,500  -3%                    

Percent of Original List Price Received

98.3% / 95.5% 3%

99.6% / 95.7% 4%

Median Days on Market Until Sale

89 / 10 790%

29 / 22 32%

Inventory of Homes for Sale

34 / 58  -41%

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September

Year to Date

2016 / 2015 Change

2016 / 2015 Change

New Listings

80 / 71 13%

678 / 653 4%

Closed Sales

61 / 66  -8%

495 / 447 11%

Median Sales Price

$365,000 / 331,500  10%               

$374,500 / $340,000  10%                   

Percent of Original List Price Received

96.1% / 96.4% 0%

98.6% / 97.4% 1%

Median Days on Market Until Sale

23 / 16  44%

21 / 21 0%

Inventory of Homes for Sale

231 / 231 0%

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