$523 Closing Credit*
$44,000
523 SqFt
1 Bath
Gina M Parola RB-17055, Katie Zimmerman, Listing Office: Keller Williams Realty Maui-L
Is Kaanapali, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Kaanapali was a Seller's Market.
Key Takeaway
Kaanapali is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kaanapali, HI
How much do homes in Kaanapali, HI cost?
Median Sold Price
$1,550,000
$841/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,000(+3.3%)
Key Takeaway
Homes in Kaanapali have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Kaanapali was $1,550,000 in October 2024, up 3.3% from last year, and the median price per square foot was $841.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $52.5K | $80K | +52.4% |
| 2 Bedrooms | $1.5M | $1.5M | -0.5% |
| 3 Bedrooms | $2.4M | $1.9M | -18.8% |
| 4 Bedrooms | $3.5M | $2.7M | -22.9% |
| 5+ Bedrooms | $5.3M | $2.9M | -44.9% |
Summary: Kaanapali housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.4%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes decreased by 44.9%.
Housing Supply in Kaanapali, HI
How many homes are available in Kaanapali, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 85 | 91 | +7.1% |
Summary: The Kaanapali real estate market had 91 homes for sale in October 2024, a 7.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 38 | 41 | +7.9% |
| 2 Bedrooms | 22 | 25 | +13.6% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Kaanapali housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 13.6%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kaanapali, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Kaanapali in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Kaanapali, HI
We’re sorry, we don't have information for this market at the moment
