Is Liliha / Kapalama, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Liliha / Kapalama is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Liliha / Kapalama was a Buyer's Market.

Key Takeaway

Liliha / Kapalama is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Liliha / Kapalama, HI

How much do homes in Liliha / Kapalama, HI cost?

Median Sold Price

$1,010,000

$594/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$225,000(+28.7%)

Key Takeaway

Homes in Liliha / Kapalama have sold for 28.7% more than they did a month ago.

Summary: The median home sold price in Liliha / Kapalama was $1,010,000 in November 2024, up 28.7% from last month, and the median price per square foot was $594.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $265K-
N/A
2 $330K$399K
+20.9%
3 $817.5K$1.1M
+36.4%
4 -$1.1M
N/A
5+ $1.3M$1.3M
-3.5%

Summary: Liliha / Kapalama housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 36.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 3.5%.

Median Sold Price Compared To Nearby Neighborhoods

Alewa Heights
+50.6%
Liliha / Kapalama
+28.7%

Housing Supply in Liliha / Kapalama, HI

How many homes are available in Liliha / Kapalama, HI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3639+8.3%

Summary: The Liliha / Kapalama real estate market had 39 homes for sale in November 2024, a 8.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 67
+16.7%
3 87
-12.5%
4 46
+50.0%
5+ 1416
+14.3%

Summary: The Liliha / Kapalama housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Liliha / Kapalama, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Liliha / Kapalama in November 2024, up by 120.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.

Days on Market for Liliha / Kapalama, HI

How long does it take to sell a home in Liliha / Kapalama, HI?

Average Sale Time

Oct 2024Nov 2024CHANGE
29 Days75 Days+160.8%

Summary: Homes in Liliha / Kapalama had an average of 75 days on market in Nov 2024, up by 160.8% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Liliha / Kapalama are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in Liliha / Kapalama; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% 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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