$425,000
517 SqFt
1 Bed
•1 Full Bath
Listing Office: Locations LLC
October 2024
Report Updated 13 Days Ago
Is Makiki / Lower Punchbowl / Tantalu, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Makiki / Lower Punchbowl / Tantalu has remained a Seller's Market.
How much do homes in Makiki / Lower Punchbowl / Tantalu, HI cost?
$420,000
$596/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Makiki / Lower Punchbowl / Tantalu was $420,000 in October 2024, up 1.2% from last year, and the median price per square foot was $596.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $340K | -2.9% |
2 Bedrooms | $440K | $447.1K | +1.6% |
3 Bedrooms | $675K | $720K | +6.7% |
4 Bedrooms | $1.2M | $1.6M | +24.4% |
5+ Bedrooms | $1.4M | $1.8M | +23.4% |
Summary: Makiki / Lower Punchbowl / Tantalu housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes increased by 23.4%.
How many homes are available in Makiki / Lower Punchbowl / Tantalu, HI?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
183 | 204 | +11.5% |
Summary: The Makiki / Lower Punchbowl / Tantalu real estate market had 204 homes for sale in October 2024, a 11.5% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 54 | 63 | +16.7% |
2 Bedrooms | 95 | 103 | +8.4% |
3 Bedrooms | 19 | 24 | +26.3% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Makiki / Lower Punchbowl / Tantalu housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 26.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
23 | 36 | +56.5% |
22 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Makiki / Lower Punchbowl / Tantalu in October 2024, up by 56.5% month-over-month. Of the 36 sold homes, 61% were sold under asking, 28% were sold at asking, and 11% were sold over asking.
How long does it take to sell a home in Makiki / Lower Punchbowl / Tantalu, HI?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
67 Days | 48 Days | -29.0% |
Summary: Homes in Makiki / Lower Punchbowl / Tantalu had an average of 48 days on market in Oct 2024, down by 29% compared to last year.
22 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During October 2024, 36 homes were sold in Makiki / Lower Punchbowl / Tantalu; 61% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 14% 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 13 Days Ago
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See More ListingsMLS Disclaimers and Copyright
Based on information from Hawaii Central MLS for the period 11/01/2022 - 11/01/2024
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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