Is Holiday Mart, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holiday Mart is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Holiday Mart was a Seller's Market.

Key Takeaway

Holiday Mart is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Holiday Mart, HI

How much do homes in Holiday Mart, HI cost?

Median Sold Price

$825,000

$1,286/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$357,500(+76.5%)

Key Takeaway

Homes in Holiday Mart have sold for 76.5% more than they did a year ago.

Summary: The median home sold price in Holiday Mart was $825,000 in October 2024, up 76.5% from last year, and the median price per square foot was $1,286.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $356.5K$758.7K
+112.8%
2 $530K$1.0M
+97.7%
3 $1.8M$739K
-60.1%
4 --
N/A
5+ --
N/A

Summary: Holiday Mart housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 112.8%, 2 bedroom homes increased by 97.7%, 3 bedroom homes decreased by 60.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Holiday Mart
+76.5%
Ala Moana / Kakaako
+3.1%
Pawaa
-2.5%
McCully / Moiliili
-4.4%
Mccully
-29.5%

Housing Supply in Holiday Mart, HI

How many homes are available in Holiday Mart, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5051+2.0%

Summary: The Holiday Mart real estate market had 51 homes for sale in October 2024, a 2.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1416
+14.3%
2 3432
-5.9%
3 23
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Holiday Mart housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
770.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holiday Mart, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Holiday Mart in October 2024, the same as the previous month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Holiday Mart, HI

How long does it take to sell a home in Holiday Mart, HI?

Average Sale Time

Oct 2023Oct 2024CHANGE
274 Days158 Days-42.3%

Summary: Homes in Holiday Mart had an average of 158 days on market in Oct 2024, down by 42.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Holiday Mart are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 7 homes were sold in Holiday Mart; 29% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 57% 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 13 Days Ago

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