Mortgage rates have dipped a little below 6% which has given us some breathing room. The Federal Reserve Board will most likely raise rates again so we do need to brace for mortgage rates to fluctuate.
As of today, December 5th there are 771 single family homes on the market and 396 homes in escrow according to the MLS for resale homes.
There are 1348 condos/townhomes listed on the MLS and 523 in escrow for resale condos. *Disclaimer, new projects may or may not be reflected in this number.
New developments around town are still popping up:

The Residences at Mandarin Oriental, Honolulu will be located at the corner of Atkinson Dr. and Kapiolani Blvd. across from the Convention Center. Luxury finishes and high end amenities including a Michelin restaurant, concierge and spectacular views for the 37 story building with 99 residences. Prices to start at $3.9 million.

Castle and Cooke Hawaii released the last phase of Waioha at Koa Ridge. These are single family condominium homes priced between $944,500 - $1,067,000 with the homes sized between 950 sq. ft. - 1464 sq. ft. living area. The application deadline was last week Wednesday so if interested, call me and I can check if there is anything else available.
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