$8,301 Closing Credit*
$699,000
1,020 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Honolulu
Is Nuuanu / Punchbowl, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Nuuanu / Punchbowl was a Seller's Market.
Key Takeaway
Nuuanu / Punchbowl is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Nuuanu / Punchbowl, HI
How much do homes in Nuuanu / Punchbowl, HI cost?
Median Sold Price
$875,000
$608/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$165,000(+23.2%)
Key Takeaway
Homes in Nuuanu / Punchbowl have sold for 23.2% more than they did a year ago.
Summary: The median home sold price in Nuuanu / Punchbowl was $875,000 in November 2024, up 23.2% from last year, and the median price per square foot was $608.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $465K | +16.3% |
| 2 Bedrooms | $659K | $550K | -16.5% |
| 3 Bedrooms | $1.0M | $995K | -6.0% |
| 4 Bedrooms | $1.3M | $1.2M | -7.7% |
| 5+ Bedrooms | $857.8K | $1.2M | +50.1% |
Summary: Nuuanu / Punchbowl housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes decreased by 16.5%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 50.1%.
Housing Supply in Nuuanu / Punchbowl, HI
How many homes are available in Nuuanu / Punchbowl, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 39 | -7.1% |
Summary: The Nuuanu / Punchbowl real estate market had 39 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 10 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Nuuanu / Punchbowl 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 decreased by 14.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Nuuanu / Punchbowl, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Nuuanu / Punchbowl in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Nuuanu / Punchbowl, HI
How long does it take to sell a home in Nuuanu / Punchbowl, HI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 15 Days | -35.1% |
Summary: Homes in Nuuanu / Punchbowl had an average of 15 days on market in Nov 2024, down by 35.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Nuuanu / Punchbowl are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Nuuanu / Punchbowl; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
