$7,113 Closing Credit*
$599,000
1,142 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: 20 Degrees North Real Estate
Is Pearl City, 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, Pearl City has remained a Seller's Market.
Key Takeaway
Pearl City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pearl City, HI
How much do homes in Pearl City, HI cost?
Median Sold Price
$900,000
$610/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+2.9%)
Key Takeaway
Homes in Pearl City have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Pearl City was $900,000 in November 2024, up 2.9% from last year, and the median price per square foot was $610.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340K | $329K | -3.2% |
| 2 Bedrooms | $457.5K | $499K | +9.1% |
| 3 Bedrooms | $850K | $900K | +5.9% |
| 4 Bedrooms | $1.0M | $1.0M | +6.8% |
| 5+ Bedrooms | $1.0M | $1.2M | +12.6% |
Summary: Pearl City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 12.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Aiea | $540K | $591.5K | +9.5% |
| Waipahu | $722.5K | $785K | +8.6% |
| Pearl City | $875K | $900K | +2.9% |
| Newtown | $1.1M | $1.1M | +0.9% |
| Mililani Mauka - Launani Valley | $570K | $570K | 0.0% |
Housing Supply in Pearl City, HI
How many homes are available in Pearl City, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 55 | +1.9% |
Summary: The Pearl City real estate market had 55 homes for sale in November 2024, a 1.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 24 | 25 | +4.2% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Pearl City 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 increased by 4.2%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pearl City, expect to pay close to the asking price. 61.5% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Pearl City in November 2024, down by 23.5% month-over-month. Of the 13 sold homes, 23% were sold under asking, 62% were sold at asking, and 15% were sold over asking.
Days on Market for Pearl City, HI
How long does it take to sell a home in Pearl City, HI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 19 Days | -26.4% |
Summary: Homes in Pearl City had an average of 19 days on market in Nov 2024, down by 26.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pearl City are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Pearl City; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
