Quite nearly!
You should definitely be proud of that!! Look at the waist difference! That's incredible!
The technical definition of an hour glass is that the chest and hips are within an inch of each other and the waist is 9+ inches smaller.
If you keep losing the way you are, that's what you're headed for.
I'm glad you found the measuring tape. I love to measure every few months or so. It's usually jaw dropping, if I can manage not to do it too often. I don't find small increments in measurement nearly as exciting as small increments on the scale. But large increments on the measuring tape, like what you just recorded...well that darn well makes my day!