Is 96712, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96712 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 96712 has remained a Buyer's Market.

Key Takeaway

96712 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 96712, HI

How much do homes in 96712, HI cost?

Median Sold Price

$4,425,000

$2,963/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$1,607,500(+57.1%)

Key Takeaway

Homes in 96712 have sold for 57.1% more than they did a month ago.

Summary: The median home sold price in 96712 was $4,425,000 in November 2024, up 57.1% from last month, and the median price per square foot was $2,963.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$6.5M
N/A
3 --
N/A
4 $2.8M$2.3M
-16.6%
5+ --
N/A

Summary: 96712 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 16.6%, and 5+ bedroom homes did not change.

Housing Supply in 96712, HI

How many homes are available in 96712, HI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2733+22.2%

Summary: The 96712 real estate market had 33 homes for sale in November 2024, a 22.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 22
0.0%
3 1114
+27.3%
4 810
+25.0%
5+ 66
0.0%

Summary: The 96712 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96712, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 96712 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 96712, HI

How long does it take to sell a home in 96712, HI?

Average Sale Time

Oct 2024Nov 2024CHANGE
39 Days183 Days+369.2%

Summary: Homes in 96712 had an average of 183 days on market in Nov 2024, up by 369.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 96712 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in 96712; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

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