Is Diamond Head / Kapahulu / Saint Louis Heights, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Diamond Head / Kapahulu / Saint Louis Heights is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Diamond Head / Kapahulu / Saint Louis Heights was a Seller's Market.

Key Takeaway

Diamond Head / Kapahulu / Saint Louis Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Diamond Head / Kapahulu / Saint Louis Heights, HI

How much do homes in Diamond Head / Kapahulu / Saint Louis Heights, HI cost?

Median Sold Price

$895,000

$878/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$255,000(-22.2%)

Key Takeaway

Homes in Diamond Head / Kapahulu / Saint Louis Heights have sold for 22.2% less than they did a year ago.

Summary: The median home sold price in Diamond Head / Kapahulu / Saint Louis Heights was $895,000 in November 2024, down 22.2% from last year, and the median price per square foot was $878.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $605K$545K
-9.9%
2 $601K$711K
+18.3%
3 $1.4M$1.2M
-12.4%
4 $2.4M$1.7M
-29.0%
5+ $1.8M$1.7M
-4.4%

Summary: Diamond Head / Kapahulu / Saint Louis Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.9%, 2 bedroom homes increased by 18.3%, 3 bedroom homes decreased by 12.4%, 4 bedroom homes decreased by 29%, and 5+ bedroom homes decreased by 4.4%.

Median Sold Price Compared To Nearby Neighborhoods

Kaimuki
+12.8%
Waikiki
+6.2%
McCully / Moiliili
-4.4%
Kapiolani
-16.5%
Diamond Head / Kapahulu / Saint Louis Heights
-22.2%

Housing Supply in Diamond Head / Kapahulu / Saint Louis Heights, HI

How many homes are available in Diamond Head / Kapahulu / Saint Louis Heights, HI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9196+5.5%

Summary: The Diamond Head / Kapahulu / Saint Louis Heights real estate market had 96 homes for sale in November 2024, a 5.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3133
+6.5%
2 3533
-5.7%
3 1114
+27.3%
4 44
0.0%
5+ 1012
+20.0%

Summary: The Diamond Head / Kapahulu / Saint Louis Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.5%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1013+30.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Diamond Head / Kapahulu / Saint Louis Heights, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Diamond Head / Kapahulu / Saint Louis Heights in November 2024, up by 30.0% month-over-month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% were sold over asking.

Days on Market for Diamond Head / Kapahulu / Saint Louis Heights, HI

How long does it take to sell a home in Diamond Head / Kapahulu / Saint Louis Heights, HI?

Average Sale Time

Nov 2023Nov 2024CHANGE
46 Days28 Days-38.1%

Summary: Homes in Diamond Head / Kapahulu / Saint Louis Heights had an average of 28 days on market in Nov 2024, down by 38.1% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Diamond Head / Kapahulu / Saint Louis Heights are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in Diamond Head / Kapahulu / Saint Louis Heights; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

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