$4,572 Closing Credit*
$385,000
413 SqFt
1 Bed
•1 Full Bath
Listing Office: Engel & Volkers Honolulu
Is 96815, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 96815 was a Seller's Market.
Key Takeaway
96815 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 96815, HI
How much do homes in 96815, HI cost?
Median Sold Price
$563,250
$769/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,940(+7.2%)
Key Takeaway
Homes in 96815 have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in 96815 was $563,250 in October 2024, up 7.2% from last year, and the median price per square foot was $769.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $434.2K | $450K | +3.6% |
| 2 Bedrooms | $615K | $631.6K | +2.7% |
| 3 Bedrooms | $1.4M | $972K | -31.3% |
| 4 Bedrooms | $3.1M | $2.5M | -20.3% |
| 5+ Bedrooms | $2.0M | $1.8M | -10.0% |
Summary: 96815 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes decreased by 20.3%, and 5+ bedroom homes decreased by 10%.
Housing Supply in 96815, HI
How many homes are available in 96815, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 506 | 555 | +9.7% |
Summary: The 96815 real estate market had 555 homes for sale in October 2024, a 9.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 288 | 310 | +7.6% |
| 2 Bedrooms | 182 | 201 | +10.4% |
| 3 Bedrooms | 27 | 34 | +25.9% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 96815 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 25.9%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 64 | +48.8% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 96815, you may be able to get a good deal. 67.2% of homes here sold below asking price last month.
Summary: A total of 64 homes were sold or pending in 96815 in October 2024, up by 48.8% month-over-month. Of the 64 sold homes, 67% were sold under asking, 23% were sold at asking, and 9% were sold over asking.
Days on Market for 96815, HI
How long does it take to sell a home in 96815, HI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 63 Days | 58 Days | -8.0% |
Summary: Homes in 96815 had an average of 58 days on market in Oct 2024, down by 8% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 96815 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 64 homes were sold in 96815; 61% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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