Local Market Update: Ala Moana & Kaka'ako Honolulu, May 2022
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Local Market Update Ala Moana & Kaka'ako Honolulu, May 2022 Single Family Homes May Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 2 / 2 0% 4 / 6 -33% Median Sales Price $1.4375M / $841,000 71% $1.29M / $976,500 32% Percent of Original List Price Received 91.8% / 101.4% -9% 95.7% / 100.9% -5% Median Days on Market Until Sale 40 / 8 400% 29 / 10 190% New Listings 3 / 0 0% 11 / 12 -8% Pending Sales 2 / 1 100% 6 / 7 -14% Active Inventory 4 / 3 33% --- Condos May Year to Date 2022 / 2021 Change% 2022 / 2021 Change% Closed Sales 70 / 64 9% 360 / 247 46% Median Sales Price $800,000 / $802,500 0% $776,000 / $605,000 28% Percent of Original List Price Received 97.9% / 97.0% 1% 97.9% / 96.7% 1% Median Days on Market Until Sale 27 / 34...
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