$4,738 Closing Credit*
$399,000
816 SqFt
2 Beds
•1 Full Bath
Listing Office: Lau & Associates, LLC
Is 96818, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 96818 has remained a Seller's Market.
Key Takeaway
96818 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 96818, HI
How much do homes in 96818, HI cost?
Median Sold Price
$475,000
$587/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-2.1%)
Key Takeaway
Homes in 96818 have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in 96818 was $475,000 in October 2024, down 2.1% from last year, and the median price per square foot was $587.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365.5K | $355K | -2.9% |
| 2 Bedrooms | $475K | $456.5K | -3.9% |
| 3 Bedrooms | $571.9K | $522K | -8.7% |
| 4 Bedrooms | $1.2M | $1.2M | +4.4% |
| 5+ Bedrooms | $1.2M | $1.1M | -4.5% |
Summary: 96818 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 4.5%.
Housing Supply in 96818, HI
How many homes are available in 96818, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 102 | 117 | +14.7% |
Summary: The 96818 real estate market had 117 homes for sale in October 2024, a 14.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 19 | 23 | +21.1% |
| 2 Bedrooms | 58 | 65 | +12.1% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 96818 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.1%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 20 | +100.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 96818, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 96818 in October 2024, up by 100.0% month-over-month. Of the 20 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 96818, HI
How long does it take to sell a home in 96818, HI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 59 Days | +60.8% |
Summary: Homes in 96818 had an average of 59 days on market in Oct 2024, up by 60.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 96818 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in 96818; 40% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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