$10,000 Closing Credit*
$2,350,000
2,228 SqFt
3 Beds
•3 Full Baths, 1 Partial
Listing Office: Corcoran Pacific Properties
Is North Shore, 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, North Shore was a Seller's Market.
Key Takeaway
North Shore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Shore, HI
How much do homes in North Shore, HI cost?
Median Sold Price
$1,167,500
$964/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$137,000(+13.3%)
Key Takeaway
Homes in North Shore have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in North Shore was $1,167,500 in October 2024, up 13.3% from last year, and the median price per square foot was $964.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $675K | $592.5K | -12.2% |
| 2 Bedrooms | $800K | $795K | -0.6% |
| 3 Bedrooms | $1.3M | $1.2M | -5.0% |
| 4 Bedrooms | $1.6M | $1.7M | +6.1% |
| 5+ Bedrooms | $1.4M | $1.9M | +29.6% |
Summary: North Shore housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.2%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 29.6%.
Housing Supply in North Shore, HI
How many homes are available in North Shore, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 66 | +10.0% |
Summary: The North Shore real estate market had 66 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 7 | -22.2% |
| 2 Bedrooms | 11 | 14 | +27.3% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 19 | 21 | +10.5% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The North Shore housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Shore, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in North Shore in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for North Shore, HI
How long does it take to sell a home in North Shore, HI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 64 Days | +140.6% |
Summary: Homes in North Shore had an average of 64 days on market in Oct 2024, up by 140.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Shore are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in North Shore; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
