Is Kahaluu, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kahaluu is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Kahaluu has remained a Seller's Market.

Key Takeaway

Kahaluu is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kahaluu, HI

How much do homes in Kahaluu, HI cost?

Median Sold Price

$940,000

$644/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$55,000(+6.2%)

Key Takeaway

Homes in Kahaluu have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Kahaluu was $940,000 in October 2024, up 6.2% from last year, and the median price per square foot was $644.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $709.5K$635K
-10.5%
2 $570K$592.5K
+3.9%
3 $851K$890K
+4.6%
4 $1.2M$1.1M
-9.6%
5+ $1.1M$1.8M
+51.9%

Summary: Kahaluu housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.5%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 51.9%.

Median Sold Price Compared To Nearby Neighborhoods

Kahaluu
+6.2%
Aiea
+4.5%
Pearl City
+3.4%
Kaneohe
+3.3%
Mililani Mauka - Launani Valley
-0.4%

Housing Supply in Kahaluu, HI

How many homes are available in Kahaluu, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3638+5.6%

Summary: The Kahaluu real estate market had 38 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 68
+33.3%
3 1314
+7.7%
4 1110
-9.1%
5+ 55
0.0%

Summary: The Kahaluu housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
510+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kahaluu, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Kahaluu in October 2024, up by 100.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.

Days on Market for Kahaluu, HI

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

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days52 Days+89.5%

Summary: Homes in Kahaluu had an average of 52 days on market in Oct 2024, up by 89.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kahaluu has remained consistent over time.

Summary: During October 2024, 10 homes were sold in Kahaluu; 30% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 20% 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 18 Days Ago

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