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March 2012 Honolulu Condominium Market Report: Capitol Place

Capitol Place Condominium
1200 Queen Emma Street, Honolulu, HI 96813
Built:  2008

The chart above shows the number of sales recorded each month vs. the number of apartments available for sale at the end of the month.  In the last six months, Capitol Place averaged just under two sales per month.  At that pace, it will take seven months to sell the 13 apartments available for sale.

Apartments currently available:

Elementary:  Royal
Middle:  Central
High:  McKinley 

Apartments in the building:  394
Apartments available for sale:  13
Average days on market to date:  101
Apartments listed for sale in the last 30 days:  2
Months of inventory available:  7.1

Apartments under contract in escrow:  6
Apartments sold in the last 90 days:  9
Average days on market:  80
Average price per square foot:  $617.46
Sales Price / List Price:  97% 
Last three sold:
2207 sold on 3/2/12 for $700,000
3301 sold on 3/2/12 for $675,000
2802 sold on 2/15/12 for $830,000

What else would you like to know about Capitol Place?  Please visit my web site to conduct your own Honolulu condo search or request free reports for buyers or sellers.  If you’re thinking of selling your home, contact Michael Zimmerman for a no obligation consultation.

Michael Zimmerman Inc. License RB-21523
Michael Zimmerman (B), Realtor®
1177 Queen Street #2901
Honolulu, HI 96814
Direct: 808-457-9683
Fax: 808-275-3256
Licensed in the State of Hawaii

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