Is Waialua, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waialua is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Waialua was a Seller's Market.

Key Takeaway

Waialua is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Waialua, HI

How much do homes in Waialua, HI cost?

Median Sold Price

$983,500

$894/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$43,500(+4.6%)

Key Takeaway

Homes in Waialua have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Waialua was $983,500 in October 2024, up 4.6% from last year, and the median price per square foot was $894.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $637.5K$592.5K
-7.1%
2 $740K$677.5K
-8.4%
3 $1.1M$1.2M
+2.3%
4 $1.3M$1.5M
+19.2%
5+ $1.0M$1.2M
+20.2%

Summary: Waialua housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 20.2%.

Median Sold Price Compared To Nearby Cities

Waialua
+4.6%
Koolauloa
0.0%

Housing Supply in Waialua, HI

How many homes are available in Waialua, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4547+4.4%

Summary: The Waialua real estate market had 47 homes for sale in October 2024, a 4.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 97
-22.2%
2 1114
+27.3%
3 1010
0.0%
4 1212
0.0%
5+ 34
+33.3%

Summary: The Waialua 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waialua, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Waialua in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Waialua, HI

How long does it take to sell a home in Waialua, HI?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days69 Days+159.4%

Summary: Homes in Waialua had an average of 69 days on market in Oct 2024, up by 159.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Waialua are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Waialua; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Waialua, HI

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