$10,000 Closing Credit*
$1,040,000
1,056 SqFt
3 Beds
•1 Full Bath
Listing Office: Coldwell Banker Island Prop
Is 96816, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 96816 was a Seller's Market.
Key Takeaway
96816 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 96816, HI
How much do homes in 96816, HI cost?
Median Sold Price
$1,205,000
$789/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,500(+2.5%)
Key Takeaway
Homes in 96816 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 96816 was $1,205,000 in November 2024, up 2.5% from last year, and the median price per square foot was $789.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $398K | -6.4% |
| 2 Bedrooms | $607.5K | $650K | +7.0% |
| 3 Bedrooms | $1.2M | $1.1M | -8.0% |
| 4 Bedrooms | $1.5M | $1.9M | +24.2% |
| 5+ Bedrooms | $1.5M | $1.6M | +8.5% |
Summary: 96816 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes increased by 7%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 8.5%.
Housing Supply in 96816, HI
How many homes are available in 96816, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 130 | 140 | +7.7% |
Summary: The 96816 real estate market had 140 homes for sale in November 2024, a 7.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 36 | 39 | +8.3% |
| 3 Bedrooms | 31 | 37 | +19.4% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 35 | 36 | +2.9% |
Summary: The 96816 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 19.4%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 2.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 23 | +27.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 96816, you may be able to get a good deal. 60.9% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 96816 in November 2024, up by 27.8% month-over-month. Of the 23 sold homes, 61% were sold under asking, 17% were sold at asking, and 22% were sold over asking.
Days on Market for 96816, HI
How long does it take to sell a home in 96816, HI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 33 Days | -39.6% |
Summary: Homes in 96816 had an average of 33 days on market in Nov 2024, down by 39.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 96816 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in 96816; 57% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
