Local Market Update: Downtown and Nu'uanu Honolulu, October 2023
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Local Market Update Downtown and Nu'uanu Honolulu, October 2023 Single Family Homes October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 8 / 4 100% 46 / 68 -32% Median Sales Price $1.15M / $961,000 20% $1.1235M / $1.2975M -13% Percent of Original List Price Received 95.6% / 104.4% -8% 95.6% / 100.0% -4% Median Days on Market Until Sale 44 / 9 389% 27 / 10 170% New Listings 10 / 8 25% 75 / 84 -11% Pending Sales 5 / 6 -17% 55 / 61 -10% Active Inventory 21 / 24 -13% --- Condos October Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 24 / 37 -35% 274 / 451 -39% Median Sales Price $572,500 / $630,000 -9% $560,000 / $545,000 3% Percent of Original List Price Received 99.0% / 98.6% 0% 98.1% / 100.0% -2% Median Days on Marke...
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