$8,016 Closing Credit*
$675,000
1,035 SqFt
1 Bed
•1 Full Bath, 1 Partial
Listing Office: eXp Realty
Is Kaimuki, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Kaimuki has remained a Seller's Market.
Key Takeaway
Kaimuki is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kaimuki, HI
How much do homes in Kaimuki, HI cost?
Median Sold Price
$1,450,000
$773/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$147,500(+11.3%)
Key Takeaway
Homes in Kaimuki have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Kaimuki was $1,450,000 in October 2024, up 11.3% from last year, and the median price per square foot was $773.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | $655K | +74.7% |
| 2 Bedrooms | $1.1M | $915K | -19.7% |
| 3 Bedrooms | $1.3M | $1.3M | +0.8% |
| 4 Bedrooms | $1.3M | $1.3M | -0.4% |
| 5+ Bedrooms | $1.3M | $1.5M | +13.7% |
Summary: Kaimuki housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 74.7%, 2 bedroom homes decreased by 19.7%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 13.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Kaimuki | $1.3M | $1.4M | +11.3% |
| Waialae Nui Valley | $667K | $660K | -1.0% |
| Waialae - Kahala | $1.6M | $1.5M | -2.8% |
| Wilhelmina | $1.3M | $1.2M | -11.1% |
Housing Supply in Kaimuki, HI
How many homes are available in Kaimuki, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 38 | -5.0% |
Summary: The Kaimuki real estate market had 38 homes for sale in October 2024, a 5.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Kaimuki 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 decreased by 22.2%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kaimuki, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Kaimuki in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Kaimuki, HI
How long does it take to sell a home in Kaimuki, HI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 26 Days | +78.1% |
Summary: Homes in Kaimuki had an average of 26 days on market in Oct 2024, up by 78.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kaimuki are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Kaimuki; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
