Home prices in the Aliamnau-Salt Lake-Foster Village area have eased slightly in the latest rolling three-month view, with the typical home value now around $458,879 and essentially flat compared with a year ago. List prices, however, are up a bit year over year, rising about 3 percent, suggesting sellers are still testing higher asking prices even as values hold steady.
Listing and contract activity show a mixed picture. Homes sold are up nearly 20 percent from a year earlier, while pending sales have also grown, indicating more deals are getting done. At the same time, new listings are down sharply year over year, and active inventory has also fallen, so buyers are choosing from fewer fresh options even as more sales close.
Conditions lean toward sellers but are more balanced than in the past, with about 6.3 months of supply locally compared with roughly 8.2 months in Honolulu overall. The median days on market has stretched to 111 in this rolling three-month period, yet about 26 percent of homes still go off market within two weeks, and nearly 16 percent are selling above list with an average sale-to-list ratio just over 98 percent. These trends highlight the importance of pricing and timing, and Agent Pronto can connect both buyers and sellers with an agent who understands how to navigate this evolving Aliamnau-Salt Lake-Foster Village market.
