Is Kapio / Kinau / Ward, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kapio / Kinau / Ward is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Kapio / Kinau / Ward was a Seller's Market.

Key Takeaway

Kapio / Kinau / Ward is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kapio / Kinau / Ward, HI

How much do homes in Kapio / Kinau / Ward, HI cost?

Median Sold Price

$625,000

$845/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+3.3%)

Key Takeaway

Homes in Kapio / Kinau / Ward have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Kapio / Kinau / Ward was $625,000 in November 2024, up 3.3% from last year, and the median price per square foot was $845.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $409.5K$489K
+19.4%
2 $655K$630K
-3.8%
3 $1.6M$1.5M
-6.6%
4 --
N/A
5+ --
N/A

Summary: Kapio / Kinau / Ward housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.4%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Kapio / Kinau / Ward
+3.3%
Downtown
+2.5%
Ala Moana / Kakaako
+1.1%
Makiki / Lower Punchbowl / Tantalu
+0.6%

Housing Supply in Kapio / Kinau / Ward, HI

How many homes are available in Kapio / Kinau / Ward, HI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2426+8.3%

Summary: The Kapio / Kinau / Ward real estate market had 26 homes for sale in November 2024, a 8.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 1820
+11.1%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Kapio / Kinau / Ward housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kapio / Kinau / Ward, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kapio / Kinau / Ward in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kapio / Kinau / Ward, HI

How long does it take to sell a home in Kapio / Kinau / Ward, HI?

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days153 Days+684.6%

Summary: Homes in Kapio / Kinau / Ward had an average of 153 days on market in Nov 2024, up by 684.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Kapio / Kinau / Ward are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in Kapio / Kinau / Ward; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

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