Aloha!
Welcome to this month's issue of "Honolulu Condos - Real Estate News & Trends", provided by Douglas / Christopher Realtor Associates with RE/MAX Honolulu. This newsletter is published monthly and contains time sensitive information about the Honolulu Real Estate Market. It also combines the weekly newsletter, "Honolulu Condos - Listing Alerts" which includes current new condo listings and distressed property listings.
Don't miss the HOT LINKS at the bottom of this newsletter for such distressed property listings as:
- Lender Owned Property Listings
- Foreclosure Property Listings
- Short Sale Property Listings
Also, please feel free to visit our website, one of the most complete Honolulu Condominium Directories available online at www.HNLCondos.com.
Honolulu Market Update for 11/25/09
Overall, for the seven neighborhoods in Honolulu we are monitoring, the Honolulu Condo market has shown a decrease of 75 new listings. This is the sixth consecutive month of decreased listings, meaning inventory is shrinking.
Overall pending sales decreased by 8, compared to last month. Sold listings increased by 113. The sales price to listing price indicator was 94.25%, compared to 94.23% for the previous month, with an overall increase of 0.02%.
Keep in mind that pending sales can sometimes be a more accurate measurement of immediate sales activitry, since closing times can vary from 30-90 days.
With that in mind, this newsletter data provides the most comprehensive market information by comparing this month's data with the previous months. Feel free to visit the Newsletter Archive, if you haven't saved the newsletters yourself.
Neighborhood Market Watch
ALA MOANA
- 87 (2) Active
- 17 (0) Pending
- 79 (1) Sold
- +7 Change in Sold
- 92.91% (+0.44%) Sold Price/Listing Price
DIAMOND HEAD
- 78 (32) Active
- 1 (0) Pending
- 41 (8) Sold
- +4 Change in Sold
- 89.74% (-0.34%) Sold Price/Listing Price
DOWNTOWN/CHINATOWN
- 82 (8) Active
- 9 (0) Pending
- 118 (0) Sold
- +0 Change in Sold
- 96.08% (+0.06%) Sold Price/Listing Price
KAKAAKO
- 122 (36) Active
- 5 (1) Pending
- 206 (34) Sold
- +23 Change in Sold
- 93.90% (-0.07%) Sold Price/Listing Price
KAPIOLANI
- 52 (0) Active
- 1 (0) Pending
- 147 (0) Sold
- +18 Change in Sold
- 97.54% (+0.335) Sold Price/Listing Price
MAKIKI
- 113 (0) Active
- 7 (0) Pending
- 179 (0) Sold
- +24 Change in Sold
- 96.39% (-0.5%) Sold Price/Listing Price
WAIKIKI
- 679 (52) Active
- 19 (0) Pending
- 571 (10) Sold
- +37 Change in Sold
- 93.22% (+0.27%) Sold Price/Listing Price
1. The numbers in parantheses reflect the number of listings over $1M, but are included in the first, total number..
2. Sold listings are for the previous 12 months.
3. Change is the increase or decrease in number of sold listings from the previous month.
New Condo Listings
These condo listings are new listings that have come on the market for sale, since our last newsletter, dated November 18, 2009.
DIAMOND HEAD NEW CONDO LISTINGS
DOWNTOWN/CHINATOWN NEW CONDO LISTINGS
MAKIKI NEW CONDO LISTINGS - No New Listings This Wekk
To view all Honolulu condo listings please visit the MLS Search page on our Website or set up your own Listing Manager Account.
Distressed Condo Listings - Hot Links!!!
These distressed Honolulu condo listings include REO, or lender owned properties, foreclosures and short sales. New Listings are new this week, since our last week's newsletter.
Please click here to read a complete definition or description of Lender Owned, Foreclosure and Short Sale Properties .
LENDER OWNED PROPERTY LISTINGS - ALL
LENDER OWNED PROPERTY LISTINGS - NEW - no new listings this week
FORECLOSURE PROPERTY LISTINGS - ALL
FORECLOSURE PROPERTY LISTINGS - NEW - no new listings this week
SHORT SALE PROPERTY LISTINGS - ALL
SHORT SALES $200,000 - 400,000
SHORT SALE PROPERTY LISTINGS - NEW
Have a wonderful week and a Happy Thanksgiving! We all have a lot to be thankful for.
If you or anyone you know is thinking about buying or selling a condo in Honolulu, Hawaii, it would be our pleasure to help.
Team Douglas/Christopher
For a webpage view of this newsletter, Click here
Access the Newsletter Archive for back issues.
Mahalo For Reading.
If you or anyone you know is thinking about buying or selling a condo in Honolulu, Hawaii, it would be my pleasure to help.
Douglas Fischer, R.A., REALTOR, ePro, C.D.P.E.
RE/MAX Honolulu
www.HNLCondos.com
808-497-3810
Douglas@HNLCondos.com
Douglas is an experienced and respected Honolulu, Hawaii Realtor Associate, in partnership with his Japanese speaking partner, Christopher Sumida, who specialize in residential Real Estate and the sale of Condos in the greater Honolulu area including the neighborhoods of: Waikiki, Diamond Head, Ala Moana, Kakaako, Kapiolani, Makiki, Chinatown and Downtown Honolulu.
