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Downtown Market Trends

Today, December 4, 2009

Median Sales Price in Downtown

Embed Info
1 yr 5 yr Max
Downtown median sales prices
Number of sold homes in Downtown
NeighborhoodAug - Oct '09y-o-y3 months prior1 year prior5 years prior
Downtown$305,000+6.8%$386,388$285,500$254,500
Honolulu$385,000+8.5%$478,000$355,000$280,000
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Downtown Summary

The median sales price for homes in Downtown for Aug 09 to Oct 09 was $305,000. This represents a decline of 21.1%, or $81,388, compared to the prior quarter and an increase of 6.8% compared to the prior year. Sales prices have appreciated 19.8% over the last 5 years in Downtown, Honolulu.

The median sales price of $305,000 for Downtown is 20.78% lower than the median sales price for Honolulu HI. Average listing price for homes on Trulia in Downtown was $938,328 for the week ending Nov 25, which represents an increase of 2.8%, or $25,387 compared to the prior week and an increase of 8.2%, or $71,203, compared to the week ending Nov 04. Average price per square foot for homes in Downtown was $523 in the most recent quarter, which is 8.51% higher than the average price per square foot for homes in Honolulu.

 

Average Listing Price in Downtown

Embed Info
1 yr 5 yr Max
Downtown average property price
Downtown – number of properties
NeighborhoodWeek ending
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
Downtown$938,328+2.8%$912,941$893,285$867,125
Honolulu$990,874+0.9%$981,920$999,811$985,760
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Average Price Per Sqft for Homes in Downtown

Embed Info
1 yr 5 yr Max
Downtown average price per square foot
NeighborhoodAug - Oct '09y-o-y3 months prior1 year prior5 years prior
Downtown$523+13.9%$429$459$366
Honolulu$482+2.1%$678$472$341
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Popular Neighborhoods in Honolulu

Neighborhoods Week ending
Nov 25
w-o-w Week ending
Nov 18
Week ending
Nov 11
Waikiki 1 +1 2 2
Hawaii Kai 2 -1 1 1
Waialae - Kahala 3 — 3 3
Ala Moana - Kakaako 4 +4 8 4
McCully - Moiliili 5 -1 4 6
Kaimuki 6 +3 9 5
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Homes for Sale in Downtown

1088 Bishop Street #709, Honolulu HI
1088 Bishop…
$165,000
1 br  1 ba
1188 Bishop Street #712, Honolulu HI
1188 Bishop…
$90,000
  1 ba
1200 Queen Emma Street, Honolulu HI
1200 Queen…
$788,888
3 br  2 ba
Address Not Disclosed, Honolulu HI
Address Not…
$4,995,000
2 br  2 ½ ba
55 South Kukui Street #D614, Honolulu HI
55 S Kukui…
$379,000
2 br  1 ba
1212 Nuuanu Avenue #1808, Honolulu HI
1212 Nuuanu…
$489,000
2 br  2 ba
View all Downtown Homes for Sale
 
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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
Ala Moana - Kakaako
$435,000
$693,659
Kalihi - Palama
$291,500
$567,138
Makiki - Lower Punchbowl - Tantalu
$282,000
$461,916
Waikiki
$269,000
$443,951
McCully - Moiliili
$302,250
$443,014
Liliha - Kapalama
$555,000
$734,682
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Recent Q&A in Honolulu, HI

Q: how do i find foreclosures reo and short sales wothout paying a fee? thanks 13 answers
Q: Have property prices in the Diamond head area and St Louis area dropped? If so what percentage? Do you think that they will continue to drop. Rosema 9 answers
Q: We are selling a house and involved in a dispute with our agent --- he provided disclosures from the prior sale of the property (in which we were the 9 answers
Q: The reason for all the questions on the house values in the Diamond head st louis area I'm thing of selling my home and do not know if this is a 2 answers
Q: Thank you all for your answers Be the first to answer

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Nearby Neighborhoods Real Estate

  • Ala Moana - Kakaako Real Estate
  • Kalihi - Palama Real Estate
  • Makiki - Lower Punchbowl - Tantalu Real Estate
  • Waikiki Real Estate
  • McCully - Moiliili Real Estate
  • Liliha - Kapalama Real Estate

Nearby Neighborhoods Sold Homes

  • Ala Moana - Kakaako Sold Homes
  • Kalihi - Palama Sold Homes
  • Makiki - Lower Punchbowl - Tantalu Sold Homes
  • Waikiki Sold Homes
  • McCully - Moiliili Sold Homes
  • Liliha - Kapalama Sold Homes

Nearby Neighborhoods Home Prices

  • Ala Moana - Kakaako Home Prices
  • Kalihi - Palama Home Prices
  • Makiki - Lower Punchbowl - Tantalu Home Prices
  • Waikiki Home Prices
  • McCully - Moiliili Home Prices
  • Liliha - Kapalama Home Prices

Downtown Stats & Trends

  • Downtown Real Estate Overview
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Our real estate market trends page gives you a valuable overview of the Honolulu real estate market. Find Honolulu properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Honolulu average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Honolulu housing statistics are available for each Honolulu, HI neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.