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July 2012 Honolulu Condominium Market Report: Nauru Tower

Nauru Tower Condominium
1330 Ala Moana Blvd., Honolulu, HI 96814
Built: 1991

The chart above shows the number of sales recorded each month vs. the number of apartments available for sale at the end of each month.  In the last six months, Nauru Tower averaged one sale per month and if that pace continues, it will take over four months to sell the five apartments on the market. 

Homes for Sale:

Elementary School:  Kaahumanu
Middle School:  Central
High School:  McKinley

Conveniently located across the street from the Ala Moana Beach Park and just one block from the Ala Moana Shopping Center and Ward Centers.

Apartments in the building:  302
Apartments available for sale:  5
Average days on market to date:  77
Apartments listed for sale in the last 30 days:  1
Months of inventory available:  4.3

Apartments under contract in escrow:  0
Apartments sold in the last 90 days:  4
Average days on market:  83
Average price per square foot:  $713.08
Sales Price / List Price:  94%
Last three home sales:
1101 sold on 5/18/12 for $780,000
1705 sold on 5/11/12 for $999,000
3203 sold on 4/20/11 for $970,000

Would you like to learn more?  Please visit my web site to conduct your own Honolulu condo search.  Contact Real Estate Agent Michael Zimmerman for a no obligation consultation if you’re considering selling or buying a home or investment property.

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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