May 2012 Honolulu Condominium Market Report: KoolaniWednesday, May 16th, 2012
1177 Queen Street, Honolulu, HI 96814
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, Koolani averaged just over one sale per month. At that pace, it will take nine months to sell the 12 apartments on the market.
Homes for Sale
Apartments in the building: 370
Apartments available for sale: 12
Average days on market to date: 88
Apartments listed for sale in the last 30 days: 3
Months of inventory available: 9.0
Apartments under contract in escrow: 1
Apartments sold in the last 90 days: 5
Average days on market: 57
Average price per square foot: $657.92
Sales Price / List Price: 100%
Last three home sales:
504 sold on 5/4/12 for $660,000
2907 sold on 4/30/12 for $790,000
4404 sold on 4/19/12 for $900,000
Would you like to learn more about Koolani? If so, contact Real Estate Agent Michael Zimmerman, the condominium expert. Please visit my web site to request special reports or search for other Honolulu condos for sale.
Michael Zimmerman (B), Realtor®
1177 Queen Street #2901
Honolulu, HI 96814
Licensed in the State of Hawaii
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