$10,000 Closing Credit*
$1,175,000
1,853 SqFt
3 Beds
•2 Full Baths
Listing Office: The Agency-Oahu
Is Kalihi Valley, 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, Kalihi Valley has remained a Seller's Market.
Key Takeaway
Kalihi Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kalihi Valley, HI
How much do homes in Kalihi Valley, HI cost?
Median Sold Price
$895,000
$544/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$53,000(-5.6%)
Key Takeaway
Homes in Kalihi Valley have sold for 5.6% less than they did a year ago.
Summary: The median home sold price in Kalihi Valley was $895,000 in October 2024, down 5.6% from last year, and the median price per square foot was $544.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $690K | $612.5K | -11.2% |
| 3 Bedrooms | $880K | $875K | -0.6% |
| 4 Bedrooms | $925K | $850K | -8.1% |
| 5+ Bedrooms | $1.0M | $943.7K | -6.3% |
Summary: Kalihi Valley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 6.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Liliha / Kapalama | $790K | $987.5K | +25.0% |
| Moanalua | $1.0M | $1.2M | +14.9% |
| Nuuanu / Punchbowl | $750K | $802K | +6.9% |
| Kalihi Valley | $948K | $895K | -5.6% |
Housing Supply in Kalihi Valley, HI
How many homes are available in Kalihi Valley, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Summary: The Kalihi Valley real estate market had 25 homes for sale in October 2024, a 3.8% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Kalihi Valley 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kalihi Valley, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Kalihi Valley in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Kalihi Valley, HI
How long does it take to sell a home in Kalihi Valley, HI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 69 Days | +216.7% |
Summary: Homes in Kalihi Valley had an average of 69 days on market in Oct 2024, up by 216.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kalihi Valley are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Kalihi Valley; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
