Local Market Update: Ala Moana & Kaka'ako Honolulu, August 2024
By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Local Market Update Ala Moana & Kaka'ako Honolulu, August 2024 Single Family Homes August Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 1 / 0 3 / 4 -25% Median Sales Price $2.2M / - $1.1M / $1.24375M -12% Percent of Original List Price Received 100.0% / - 96.5% / 92.1% 5% Median Days on Market Until Sale 17 / - 37 / 15 147% New Listings 1 / 1 0% 6 / 7 -14% Pending Sales 0 / 1 -100% 6 / 4 50% Active Inventory 4 / 3 33% --- Condos August Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 36 / 44 -18% 332 / 363 -9% Median Sales Price $835,000 / $727,500 15% $740,000 / $690,000 7% Percent of Original List Price Received 97.1% / 95.3% 2% 96.1% / 96.8% -1% Median Days on Market Until Sale 44 / 50 -12% 52 / 40 30% New ...
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