$4,097 Closing Credit*
$345,000
510 SqFt
2 Beds
•1 Full Bath
Listing Office: eXp Realty
Is Kapiolani, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Kapiolani has remained a Seller's Market.
Key Takeaway
Kapiolani is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kapiolani, HI
How much do homes in Kapiolani, HI cost?
Median Sold Price
$500,000
$662/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$99,000(-16.5%)
Key Takeaway
Homes in Kapiolani have sold for 16.5% less than they did a year ago.
Summary: The median home sold price in Kapiolani was $500,000 in November 2024, down 16.5% from last year, and the median price per square foot was $662.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $455K | $432.5K | -4.9% |
| 2 Bedrooms | $615K | $596K | -3.1% |
| 3 Bedrooms | $804.5K | $797.5K | -0.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $1.0M | - | N/A |
Summary: Kapiolani housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.9%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| McCully / Moiliili | $455K | $435K | -4.4% |
| Kapiolani | $599K | $500K | -16.5% |
| Diamond Head / Kapahulu / Saint Louis Heights | $1.1M | $895K | -22.2% |
Housing Supply in Kapiolani, HI
How many homes are available in Kapiolani, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 58 | -1.7% |
Summary: The Kapiolani real estate market had 58 homes for sale in November 2024, a 1.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 20 | 0.0% |
| 2 Bedrooms | 30 | 30 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kapiolani 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 remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kapiolani, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Kapiolani in November 2024, up by 22.2% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for Kapiolani, HI
How long does it take to sell a home in Kapiolani, HI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 85 Days | 50 Days | -41.1% |
Summary: Homes in Kapiolani had an average of 50 days on market in Nov 2024, down by 41.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kapiolani has remained consistent over time.
Summary: During November 2024, 11 homes were sold in Kapiolani; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
