$4,400,000
4,468 SqFt
5 Beds
•4 Full Baths
Listing Office: List Sothebys Intl Realty
Is Waialae - Kahala, 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, Waialae - Kahala was a Seller's Market.
Key Takeaway
Waialae - Kahala is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Waialae - Kahala, HI
How much do homes in Waialae - Kahala, HI cost?
Median Sold Price
$1,550,000
$957/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$215,000(-12.2%)
Key Takeaway
Homes in Waialae - Kahala have sold for 12.2% less than they did a year ago.
Summary: The median home sold price in Waialae - Kahala was $1,550,000 in November 2024, down 12.2% from last year, and the median price per square foot was $957.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.2M | $745K | -40.2% |
| 2 Bedrooms | $592.5K | $625K | +5.5% |
| 3 Bedrooms | $1.8M | $1.1M | -37.8% |
| 4 Bedrooms | $3.2M | $2.9M | -9.3% |
| 5+ Bedrooms | $3.0M | $4.8M | +61.7% |
Summary: Waialae - Kahala housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.2%, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 37.8%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 61.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Kaimuki | $1.2M | $1.4M | +12.8% |
| Waialae Nui Valley | $667K | $647.5K | -2.9% |
| Waialae - Kahala | $1.7M | $1.5M | -12.2% |
Housing Supply in Waialae - Kahala, HI
How many homes are available in Waialae - Kahala, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 73 | +9.0% |
Summary: The Waialae - Kahala real estate market had 73 homes for sale in November 2024, a 9.0% 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 | 24 | 26 | +8.3% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 16 | 19 | +18.8% |
Summary: The Waialae - Kahala 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 increased by 8.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Waialae - Kahala, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Waialae - Kahala in November 2024, the same as the previous month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for Waialae - Kahala, HI
How long does it take to sell a home in Waialae - Kahala, HI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 42 Days | -14.2% |
Summary: Homes in Waialae - Kahala had an average of 42 days on market in Nov 2024, down by 14.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Waialae - Kahala has remained consistent over time.
Summary: During November 2024, 9 homes were sold in Waialae - Kahala; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
