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Condo Resale Statistics - Honolulu, Hawaii Third Quarter 2009

hawaiian slippersThe Honolulu Board of REALTORS® released the resale figures below based on data collected from its computerized Multiple Listing Service (MLS) system. I have included data for the Honolulu condominium market. The number of condos sold are for the year-to-date for 2009 and 2008. The median prices cited below are year-to-date for 2009 and 2008 as well.

Condominiums

2009 2009 2008 2008
Neighborhood Sold Median* Sold Median*
Moanalua-Salt Lake 99 $280,000 145 $288,000
Kalihi-Palama 60 $300,000 63 $307,500
Downtown-Nuuanu 147 $327,000 266 $424,300
Ala Moana-Kakaako 223 $400,000 252 $480,000
Waikiki 400 $271,000 633 $290,000
Makiki-Moilili 293 $305,000 388 $320,000
Kapahulu-Kuliouou 67 $390,000 91 $440,000
Hawaii Kai 133 $489,000 152 $541,500
Kailua-Waimanalo 46 $372,500 68 $412,500
Kaneohe 97 $375,000 110 $401,500
Windward Coast 4 $211,500 3 $280,000
North Shore 17 $255,000 27 $404,000
Wahiawa 11 $140,000 22 $185,500
Mililani 156 $295,000 231 $317,000
Makaha-Nanakuli 53 $119,950 55 $154,000
Ewa Plain 133 $260,000 184 $298,000
Makakilo 57 $241,400 61 $299,000
Waipahu 160 $278,500 171 $281,500
Pearl City-Aiea 182 $277,500 251 $305,000
Overall Oahu 2,338 $300,000 3,173 $325,000

The three neighborhoods, or areas, shown in bold italic represent the majority of Metro Honolulu. Please feel free to visit our Honolulu condos website, where you will find more information about Honolulu neighborhoods and further Honolulu condo market information and reports.

Posted Friday Oct 30