$10,000 Closing Credit*
$1,040,000
1,056 SqFt
3 Beds
•1 Full Bath
Listing Office: Coldwell Banker Island Prop
Is Kaimuki, 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, Kaimuki was a Neutral 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
$793/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$165,000(+12.8%)
Key Takeaway
Homes in Kaimuki have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Kaimuki was $1,450,000 in November 2024, up 12.8% from last year, and the median price per square foot was $793.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | - | N/A |
| 2 Bedrooms | $1.1M | $957.5K | -18.8% |
| 3 Bedrooms | $1.3M | $1.3M | -3.9% |
| 4 Bedrooms | $1.3M | $1.5M | +14.4% |
| 5+ Bedrooms | $1.3M | $1.5M | +17.8% |
Summary: Kaimuki housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 17.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Kaimuki | $1.2M | $1.4M | +12.8% |
| Waialae Nui Valley | $667K | $647.5K | -2.9% |
| Wilhelmina | $1.3M | $1.2M | -9.8% |
| Waialae - Kahala | $1.7M | $1.5M | -12.2% |
Housing Supply in Kaimuki, HI
How many homes are available in Kaimuki, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 35 | -5.4% |
Summary: The Kaimuki real estate market had 35 homes for sale in November 2024, a 5.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The Kaimuki housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kaimuki, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Kaimuki in November 2024, up by 28.6% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 124 Days | 18 Days | -84.9% |
Summary: Homes in Kaimuki had an average of 18 days on market in Nov 2024, down by 84.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was 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 November 2024, 9 homes were sold in Kaimuki; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
