Is Kuliouou - Kalani Iki, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kuliouou - Kalani Iki is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Kuliouou - Kalani Iki was a Neutral Market.

Key Takeaway

Kuliouou - Kalani Iki is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kuliouou - Kalani Iki, HI

How much do homes in Kuliouou - Kalani Iki, HI cost?

Median Sold Price

$1,800,000

$828/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Kuliouou - Kalani Iki has remained the same since last year.

Summary: The median home sold price in Kuliouou - Kalani Iki was $1,800,000 in October 2024, the same as last year, and the median price per square foot was $828.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $1.3M$1.2M
-8.1%
3 $1.5M$1.3M
-12.2%
4 $1.8M$1.9M
+6.6%
5+ $2.4M$1.9M
-20.9%

Summary: Kuliouou - Kalani Iki 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 8.1%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 20.9%.

Median Sold Price Compared To Nearby Neighborhoods

Hawaii Loa Ridge
+7.5%
Kuliouou - Kalani Iki
0.0%

Housing Supply in Kuliouou - Kalani Iki, HI

How many homes are available in Kuliouou - Kalani Iki, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5261+17.3%

Summary: The Kuliouou - Kalani Iki real estate market had 61 homes for sale in October 2024, a 17.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 1714
-17.6%
4 1418
+28.6%
5+ 1925
+31.6%

Summary: The Kuliouou - Kalani Iki 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 increased by 100%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 31.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kuliouou - Kalani Iki, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Kuliouou - Kalani Iki in October 2024, up by 71.4% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Kuliouou - Kalani Iki, HI

How long does it take to sell a home in Kuliouou - Kalani Iki, HI?

Average Sale Time

Oct 2023Oct 2024CHANGE
94 Days25 Days-73.5%

Summary: Homes in Kuliouou - Kalani Iki had an average of 25 days on market in Oct 2024, down by 73.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kuliouou - Kalani Iki are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in Kuliouou - Kalani Iki; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% 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 18 Days Ago

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