$10,000 Closing Credit*
$850,000
1,271 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Locations LLC
Is Kapolei / Honokai Hale, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Kapolei / Honokai Hale was a Seller's Market.
Key Takeaway
Kapolei / Honokai Hale is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Kapolei / Honokai Hale, HI
How much do homes in Kapolei / Honokai Hale, HI cost?
Median Sold Price
$825,000
$641/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+5.1%)
Key Takeaway
Homes in Kapolei / Honokai Hale have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Kapolei / Honokai Hale was $825,000 in October 2024, up 5.1% from last year, and the median price per square foot was $641.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $390K | $425K | +9.0% |
| 2 Bedrooms | $660K | $702.5K | +6.4% |
| 3 Bedrooms | $825K | $855K | +3.6% |
| 4 Bedrooms | $970K | $1.0M | +7.5% |
| 5+ Bedrooms | $1.1M | $1.3M | +13.0% |
Summary: Kapolei / Honokai Hale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 13%.
Median Sold Price Compared To Nearby Neighborhoods
| Waipahu | $730K | $785K | +7.5% |
| Kapolei / Honokai Hale | $785K | $825K | +5.1% |
| Mililani / Waipio / Melemanu | $597.5K | $625K | +4.6% |
| Makakilo | $677K | $695.5K | +2.7% |
| Nanakuli / Maili | $610K | $576K | -5.6% |
Housing Supply in Kapolei / Honokai Hale, HI
How many homes are available in Kapolei / Honokai Hale, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 106 | 113 | +6.6% |
Summary: The Kapolei / Honokai Hale real estate market had 113 homes for sale in October 2024, a 6.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 38 | 37 | -2.6% |
| 3 Bedrooms | 48 | 57 | +18.8% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Kapolei / Honokai Hale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kapolei / Honokai Hale, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Kapolei / Honokai Hale in October 2024, down by 10.0% month-over-month. Of the 18 sold homes, 50% were sold under asking, 11% were sold at asking, and 39% were sold over asking.
Days on Market for Kapolei / Honokai Hale, HI
How long does it take to sell a home in Kapolei / Honokai Hale, HI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 31 Days | -6.7% |
Summary: Homes in Kapolei / Honokai Hale had an average of 31 days on market in Oct 2024, down by 6.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Kapolei / Honokai Hale are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in Kapolei / Honokai Hale; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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