Is Aliamanu / Salt Lake / Foster Village, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aliamanu / Salt Lake / Foster Village is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Aliamanu / Salt Lake / Foster Village has remained a Seller's Market.

Key Takeaway

Aliamanu / Salt Lake / Foster Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Aliamanu / Salt Lake / Foster Village, HI

How much do homes in Aliamanu / Salt Lake / Foster Village, HI cost?

Median Sold Price

$472,500

$587/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$12,500(-2.6%)

Key Takeaway

Homes in Aliamanu / Salt Lake / Foster Village have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Aliamanu / Salt Lake / Foster Village was $472,500 in October 2024, down 2.6% from last year, and the median price per square foot was $587.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $365.5K$355K
-2.9%
2 $475K$456.5K
-3.9%
3 $571.9K$522K
-8.7%
4 $1.2M$1.2M
+4.4%
5+ $1.2M$1.1M
-4.3%

Summary: Aliamanu / Salt Lake / Foster Village 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 4.3%.

Housing Supply in Aliamanu / Salt Lake / Foster Village, HI

How many homes are available in Aliamanu / Salt Lake / Foster Village, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
102117+14.7%

Summary: The Aliamanu / Salt Lake / Foster Village 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

# BEDSSep 2024Oct 2024CHANGE
1 1923
+21.1%
2 5865
+12.1%
3 1718
+5.9%
4 34
+33.3%
5+ 57
+40.0%

Summary: The Aliamanu / Salt Lake / Foster Village 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 2024Oct 2024CHANGE
1020+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aliamanu / Salt Lake / Foster Village, 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 Aliamanu / Salt Lake / Foster Village 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 Aliamanu / Salt Lake / Foster Village, HI

How long does it take to sell a home in Aliamanu / Salt Lake / Foster Village, HI?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days59 Days+60.8%

Summary: Homes in Aliamanu / Salt Lake / Foster Village 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Aliamanu / Salt Lake / Foster Village are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 20 homes were sold in Aliamanu / Salt Lake / Foster Village; 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.

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

Report Updated 20 Days Ago

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