Local Market Update: Diamond Head & Kapahulu Honolulu, August 2023
By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
Local Market Update Diamond Head & Kapahulu Honolulu, August 2023 Single Family Homes August Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 13 / 23 -43% 85 / 145 -41% Median Sales Price $1.2M / $1.339M -10% $1.360M / $1.405M -3% Percent of Original List Price Received 98.4% / 98.5% 0% 95.8% / 100.5% -5% Median Days on Market Until Sale 19 / 16 19% 23 / 12 92% New Listings 20 / 23 -13% 126 / 177 -29% Pending Sales 17 / 17 0% 114 / 150 -24% Active Inventory 33 / 37 -11% --- Condos August Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 9 / 7 29% 47 / 71 -34% Median Sales Price $601,000 / $660,000 -9% $790,000 / $650,000 22% Percent of Original List Price Received 99.5% / 100.0% -1% 99.5% / 100.0% -1% Median Days on M...
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