$8,301 Closing Credit*
$699,000
904 SqFt
1 Bed
•1 Full Bath
Listing Office: Help-U-Sell Honolulu Prop.
Is Hawaii Kai, 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, Hawaii Kai was a Seller's Market.
Key Takeaway
Hawaii Kai 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 Hawaii Kai, HI
How much do homes in Hawaii Kai, HI cost?
Median Sold Price
$1,296,500
$802/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$156,500(+13.7%)
Key Takeaway
Homes in Hawaii Kai have sold for 13.7% more than they did a year ago.
Summary: The median home sold price in Hawaii Kai was $1,296,500 in November 2024, up 13.7% from last year, and the median price per square foot was $802.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $566.2K | $562K | -0.8% |
| 2 Bedrooms | $809.5K | $739K | -8.7% |
| 3 Bedrooms | $1.1M | $1.2M | +12.4% |
| 4 Bedrooms | $1.5M | $1.6M | +9.7% |
| 5+ Bedrooms | $2.4M | $2.5M | +6.2% |
Summary: Hawaii Kai housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Hawaii Kai | $1.1M | $1.2M | +13.7% |
| Mariners Valley | $1.3M | $1.2M | -1.9% |
Housing Supply in Hawaii Kai, HI
How many homes are available in Hawaii Kai, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 121 | 126 | +4.1% |
Summary: The Hawaii Kai real estate market had 126 homes for sale in November 2024, a 4.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 38 | 42 | +10.5% |
| 3 Bedrooms | 44 | 49 | +11.4% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 15 | 12 | -20.0% |
Summary: The Hawaii Kai housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hawaii Kai, you may be able to get a good deal. 45% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Hawaii Kai in November 2024, down by 4.8% month-over-month. Of the 20 sold homes, 45% were sold under asking, 30% were sold at asking, and 25% were sold over asking.
Days on Market for Hawaii Kai, HI
How long does it take to sell a home in Hawaii Kai, HI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 34 Days | +13.3% |
Summary: Homes in Hawaii Kai had an average of 34 days on market in Nov 2024, up by 13.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hawaii Kai are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in Hawaii Kai; 55% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
