$10,000 Closing Credit*
$1,099,000
1,586 SqFt
2 Beds
•3 Baths
Jonathan Yudis RS-79030, Listing Office: Keller Williams Realty Maui-Ka
Is Makawao-Paia, 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, Makawao-Paia has remained a Buyer's Market.
Key Takeaway
Makawao-Paia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Makawao-Paia, HI
How much do homes in Makawao-Paia, HI cost?
Median Sold Price
$1,052,500
$817/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$53,500(+5.4%)
Key Takeaway
Homes in Makawao-Paia have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Makawao-Paia was $1,052,500 in November 2024, up 5.4% from last year, and the median price per square foot was $817.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $800K | $441K | -44.9% |
| 2 Bedrooms | $742.5K | $945K | +27.3% |
| 3 Bedrooms | $985K | $1.0M | +7.6% |
| 4 Bedrooms | $1.2M | $2.0M | +69.7% |
| 5+ Bedrooms | $1.5M | $1.2M | -13.5% |
Summary: Makawao-Paia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.9%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 69.7%, and 5+ bedroom homes decreased by 13.5%.
Median Sold Price Compared To Nearby Cities
| Kula | $2.2M | $2.3M | +8.4% |
| Makawao-Paia | $999K | $1.0M | +5.4% |
| Haiku-Pauwela | $1.5M | $1.4M | -5.4% |
Housing Supply in Makawao-Paia, HI
How many homes are available in Makawao-Paia, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 52 | +2.0% |
Summary: The Makawao-Paia real estate market had 52 homes for sale in November 2024, a 2.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 29 | 26 | -10.3% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Makawao-Paia 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 10.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Makawao-Paia, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Makawao-Paia in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% were sold over asking.
Days on Market for Makawao-Paia, HI
We’re sorry, we don't have information for this market at the moment
