Local Market Update: Diamond Head & Kapahulu Honolulu, February 2023
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Local Market Update Diamond Head & Kapahulu Honolulu, February 2023 Single Family Homes February Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 9 / 14 -36% 13 / 31 -58% Median Sales Price $1.305M / $1.7475M -25% $1.2M / $1.585M -24% Percent of Original List Price Received 94.0% / 106.0% -11% 94.0% / 100.80% -6% Median Days on Market Until Sale 27 / 11 145% 30 / 18 67% New Listings 15 / 21 -29% 27 / 35 -23% Pending Sales 10 / 17 -41% 27 / 36 -25% Active Inventory 41 / 24 71% --- Condos February Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 7 / 12 -42% 10 / 23 -57% Median Sales Price $790,000 / $580,000 36% $682,500 / $580,000 18% Percent of Original List Price Received 95.8% / 100.0% -4% 99.5% / 100.0% -1% Me...
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