$18,500,000
6,510 SqFt
5 Beds
•6 Full Baths, 3 Partial
Listing Office: Compass
Is Waialae - Kahala, 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, Waialae - Kahala has remained a Buyer'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
$1,597,944
$959/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$46,056(-2.8%)
Key Takeaway
Homes in Waialae - Kahala have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in Waialae - Kahala was $1,597,944 in October 2024, down 2.8% from last year, and the median price per square foot was $959.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.2M | $745K | -41.2% |
| 2 Bedrooms | $592.5K | $607.5K | +2.5% |
| 3 Bedrooms | $1.8M | $1.1M | -40.0% |
| 4 Bedrooms | $3.2M | $2.9M | -8.6% |
| 5+ Bedrooms | $3.0M | $4.8M | +62.2% |
Summary: Waialae - Kahala housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.2%, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 62.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Kaimuki | $1.3M | $1.4M | +11.3% |
| Waialae Nui Valley | $667K | $660K | -1.0% |
| Waialae - Kahala | $1.6M | $1.5M | -2.8% |
Housing Supply in Waialae - Kahala, HI
How many homes are available in Waialae - Kahala, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 71 | 76 | +7.0% |
Summary: The Waialae - Kahala real estate market had 76 homes for sale in October 2024, a 7.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 23 | 24 | +4.3% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 14 | 19 | +35.7% |
Summary: The Waialae - Kahala housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 35.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waialae - Kahala, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Waialae - Kahala in October 2024, up by 12.5% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 20 Days | -7.5% |
Summary: Homes in Waialae - Kahala had an average of 20 days on market in Oct 2024, down by 7.5% compared to last year.
Breakdown of Home Sale Times
7 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 Waialae - Kahala are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Waialae - Kahala; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
