Local Market Update: Makiki & Moili'ili Honolulu, August 2023
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Local Market Update Makiki & Moili'ili Honolulu, August 2023 Single Family Homes August Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 3 / 14 -79% 59 / 91 -35% Median Sales Price $1.65M / $1.46075M 13% $1.5M / $1.62M -7% Percent of Original List Price Received 101.1% / 101.9% -1% 97.6% / 100.5% -3% Median Days on Market Until Sale 21 / 14 50% 15 / 13 15% New Listings 11 / 16 29% 104 / 118 -12% Pending Sales 4 / 12 36% 74 / 100 -26% Active Inventory 33 / 25 32% --- Condos August Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 56 / 55 2% 335 / 541 -38% Median Sales Price $384,500 / $410,000 -6% $405,000 / $410,000 -1% Percent of Original List Price Received 99.6% / 99.1% 1% 98.8% / 100.0% -1% Median Days on Market...
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