Housing Inventory: Price Reduced Count in Hawaii
PRIREDCOUHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,356.00
Year-over-Year Change
4.47%
Date Range
7/1/2016 - 7/1/2025
Summary
The Housing Inventory: Price Reduced Count in Hawaii trend measures the number of homes listed for sale in Hawaii that have had their prices reduced. This data provides valuable insights into the state's housing market dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric represents the count of homes for sale in Hawaii that have had their listed prices lowered, indicating changes in seller pricing strategies and buyer demand. Economists and policymakers monitor this trend to understand market conditions and potential shifts in housing affordability.
Methodology
The data is collected and reported by real estate industry sources.
Historical Context
The Price Reduced Count is used to analyze housing supply, pricing trends, and consumer sentiment in the Hawaii real estate market.
Key Facts
- Hawaii has one of the most expensive housing markets in the U.S.
- The median home price in Hawaii is over $800,000.
- Price reductions indicate a shift in market dynamics.
FAQs
Q: What does this economic trend measure?
A: The Housing Inventory: Price Reduced Count in Hawaii measures the number of homes listed for sale in the state that have had their prices reduced.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into housing market conditions, seller pricing strategies, and potential shifts in buyer demand in Hawaii.
Q: How is this data collected or calculated?
A: The data is collected and reported by real estate industry sources.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor the Price Reduced Count to analyze housing supply, affordability, and consumer sentiment in the Hawaii real estate market.
Q: Are there update delays or limitations?
A: The data is subject to reporting lags and may not capture all price reductions in the market.
Related Trends
Gross Domestic Product: Chemical Manufacturing (325) in Hawaii
HICHEMMANNGSP
Chain-Type Quantity Index for Real GDP: Construction (23) in Hawaii
HICONSTQGSP
Gross Domestic Product: State and Local in Hawaii
HIGOVSLNGSP
Number of Identified Exporters to Turkey from Hawaii
HITURA475SCEN
All Employees: Professional and Business Services: Management of Companies and Enterprises in Hawaii
SMU15000006055000001SA
Chain-Type Quantity Index for Real GDP: State and Local in Hawaii
HIGOVSLQGSP
Citation
U.S. Federal Reserve, Housing Inventory: Price Reduced Count in Hawaii (PRIREDCOUHI), retrieved from FRED.