Is Koolauloa, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Koolauloa was a Seller's Market.
Key Takeaway
Koolauloa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Koolauloa, HI
How much do homes in Koolauloa, HI cost?
Median Sold Price
$1,100,000
$892/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Koolauloa have sold for 6% less than they did a year ago.
Summary: The median home sold price in Koolauloa was $1,100,000 in May 2024, down 6% from last year, and the median price per square foot was $892.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $900K | $1.0M | +11.1% |
| 2 Bedrooms | $1.2M | $1.0M | -17.4% |
| 3 Bedrooms | $1.2M | $948K | -21.0% |
| 4 Bedrooms | $1.9M | $1.3M | -30.8% |
| 5+ Bedrooms | $2.1M | $1.8M | -15.5% |
Summary: Koolauloa housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes decreased by 17.4%, 3 bedroom homes decreased by 21%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes decreased by 15.5%.
Housing Supply in Koolauloa, HI
How many homes are available in Koolauloa, HI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 81 | 90 | +11.1% |
Summary: The Koolauloa real estate market had 90 homes for sale in May 2024, a 11.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 19 | +18.8% |
| 2 Bedrooms | 11 | 16 | +45.5% |
| 3 Bedrooms | 25 | 25 | 0.0% |
| 4 Bedrooms | 22 | 21 | -4.5% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Koolauloa housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 45.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Koolauloa, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Koolauloa in May 2024, down by 18.2% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for Koolauloa, HI
We’re sorry, we don't have information for this market at the moment
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