$10,000 Closing Credit*
$1,350,000
2,896 SqFt
6 Beds
•4 Full Baths
Listing Office: The LFG Group, Inc.
Is Kailua, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Kailua was a Seller's Market.
Key Takeaway
Kailua is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Kailua, HI
How much do homes in Kailua, HI cost?
Median Sold Price
$1,442,500
$870/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,500(-0.5%)
Key Takeaway
Homes in Kailua have sold for 0.5% less than they did a year ago.
Summary: The median home sold price in Kailua was $1,442,500 in November 2024, down 0.5% from last year, and the median price per square foot was $870.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $489K | $705K | +44.2% |
| 2 Bedrooms | $700K | $720K | +2.9% |
| 3 Bedrooms | $1.3M | $1.3M | -4.4% |
| 4 Bedrooms | $1.6M | $1.7M | +6.4% |
| 5+ Bedrooms | $1.9M | $1.8M | -2.9% |
Summary: Kailua housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.2%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Lanikai | $1.9M | $2.3M | +16.8% |
| Kaneohe | $920K | $938K | +2.0% |
| Kailua | $1.4M | $1.4M | -0.5% |
Housing Supply in Kailua, HI
How many homes are available in Kailua, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 133 | 127 | -4.5% |
Summary: The Kailua real estate market had 127 homes for sale in November 2024, a 4.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 44 | 42 | -4.5% |
| 4 Bedrooms | 45 | 38 | -15.6% |
| 5+ Bedrooms | 26 | 26 | 0.0% |
Summary: The Kailua housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 19 | -34.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kailua, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Kailua in November 2024, down by 34.5% month-over-month. Of the 19 sold homes, 63% were sold under asking, 16% were sold at asking, and 21% were sold over asking.
Days on Market for Kailua, HI
How long does it take to sell a home in Kailua, HI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 50 Days | +20.1% |
Summary: Homes in Kailua had an average of 50 days on market in Nov 2024, up by 20.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kailua are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in Kailua; 47% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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