$7,350,000
3,555 SqFt
5 Beds
•5 Baths
Tyler M Coons RS-55098, Listing Office: Welcome Hawaii Properties
Is Kaanapali, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Kaanapali has remained a Buyer'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
$871/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+1.6%)
Key Takeaway
Homes in Kaanapali have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Kaanapali was $1,550,000 in November 2024, up 1.6% from last year, and the median price per square foot was $871.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $49K | $80K | +63.3% |
| 2 Bedrooms | $1.5M | $1.4M | -6.8% |
| 3 Bedrooms | $2.1M | $2.1M | -3.4% |
| 4 Bedrooms | $3.5M | $2.7M | -21.4% |
| 5+ Bedrooms | $5.3M | $4.1M | -22.7% |
Summary: Kaanapali housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.3%, 2 bedroom homes decreased by 6.8%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes decreased by 22.7%.
Housing Supply in Kaanapali, HI
How many homes are available in Kaanapali, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 85 | 90 | +5.9% |
Summary: The Kaanapali real estate market had 90 homes for sale in November 2024, a 5.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 40 | 40 | 0.0% |
| 2 Bedrooms | 24 | 24 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Kaanapali 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
7 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 7 homes were sold or pending in Kaanapali in November 2024, up by 75.0% month-over-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 Kaanapali, HI
We’re sorry, we don't have information for this market at the moment
