$10,000 Closing Credit*
$1,300,000
1,622 SqFt
3 Beds
•2 Baths
Imelyn G Coratibo RS-61220, Listing Office: Coldwell Banker Island Prop-Ku
Is Kahului, 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, Kahului has remained a Seller's Market.
Key Takeaway
Kahului is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kahului, HI
How much do homes in Kahului, HI cost?
Median Sold Price
$1,000,000
$667/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$70,000(+7.5%)
Key Takeaway
Homes in Kahului have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Kahului was $1,000,000 in November 2024, up 7.5% from last year, and the median price per square foot was $667.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195.5K | $200K | +2.3% |
| 2 Bedrooms | $282.5K | $251.5K | -11.0% |
| 3 Bedrooms | $946K | $1.1M | +21.6% |
| 4 Bedrooms | $1.1M | $1.2M | +12.3% |
| 5+ Bedrooms | $1.2M | $1.4M | +20.5% |
Summary: Kahului housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes decreased by 11%, 3 bedroom homes increased by 21.6%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 20.5%.
Median Sold Price Compared To Nearby Cities
| Kihei | $969K | $1.2M | +31.6% |
| Wailuku | $859.5K | $990K | +15.2% |
| Kahului | $930K | $1.0M | +7.5% |
| Waihee-Waikapu | $1.2M | $1.2M | 0.0% |
Housing Supply in Kahului, HI
How many homes are available in Kahului, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 59 | +15.7% |
Summary: The Kahului real estate market had 59 homes for sale in November 2024, a 15.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 12 | 15 | +25.0% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 7 | 11 | +57.1% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Kahului housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kahului, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Kahului in November 2024, up by 83.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for Kahului, HI
We’re sorry, we don't have information for this market at the moment
© 2024 MLS Hawaii, Inc. All rights reserved.